Indonesia, Your Big Market for Sporting Goods
BIG MARKET, BIG OPPORTUNITY
Sporting goods industry in Indonesia is expected to expand by 45% over 2013-2018, in line with the rising wealth and number of local, national, regional and international sports events organized in Indonesia. Market depends strongly on foreign manufacture, importing around 42% of market size. Indonesian sports goods market grows rapidly with 8% CAGR over 2007-2012, due to favorable business environment and rising consumer wealth. In addition, Indonesia’s demographics are attractive. More than 60 percent of its total population of over 250 million are currently aged 20 to 65 the principal working years.