Indonesia’s apparel market is about to enter a high growth phase – presenting a lucrative opportunity for experienced retailers.

A new report from MarketLine, Apparel Retail in Indonesia, concludes the overall market will grow at a compound annual rate of six per cent in the five years between 2013 and 2018, taking the total market to US$7 billion in value by the end of 2018.

The Indonesian apparel retail industry had total revenues of $5.2 billion in 2013, representing a CAGR of 4.4 per cent between 2009 and 2013.

The womenswear segment was the industry’s most lucrative in 2013, with total revenues of $2.1 billion, equivalent to 40.6 per cent of the industry’s overall value.

MarketLine calculated values at retail selling price, including taxes and levies, and included all apparel from babywear to outerwear.

The full report includes descriptions of the leading players, including key financial metrics and analysis of competitive pressures within the market.

It can be purchased and downloaded online.