Luxury Goods in Indonesia
Luxury goods continued to see healthy growth in current value terms in 2019 backed by rising incomes and steady economic growth. The number of high net worth individuals in Indonesia continues to grow at a steady rate which is supporting sales of luxury goods, while ongoing growth in the country’s tourism industry also supports sales. Although further terrorist attacks in 2018 and 2019 did impact inbound arrivals consumers continue to flock to Indonesia, including from the key source market of C...
Euromonitor International's Luxury Goods in Indonesia report offers a comprehensive guide to the size and shape of the Luxury Goods market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market and their effects on Luxury Goods retailing along with the development of consumers’ shopping patterns. Forecasts to 2024 illustrate how the market is set to change
Product coverage: Experiential Luxury, Fine Wines/Champagne and Spirits, Personal Luxury, Premium and Luxury Cars.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
* Get a detailed picture of the Luxury Goods market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.
Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.
- Luxury Goods in Indonesia
- Euromonitor International
- January 2020
- LIST OF CONTENTS AND TABLES
- Executive Summary
- Despite Challenges Luxury Goods Remains on An Upward Trajectory in Indonesia
- Tax Reforms Impacting Sales of Premium and Luxury Cars
- International Brands Remain Dominant in Luxury Goods in Indonesia
- Internet Retailing Benefits From New Sales Platforms
- A Bright Future Predicted for Luxury Goods in Indonesia
- Market Indicators
- Table 1 Number of High Net Worth Individuals (HNWI): 2014-2019
- Market Data
- Table 2 Sales of Luxury Goods by Category: Value 2014-2019
- Table 3 Sales of Luxury Goods by Category: % Value Growth 2014-2019
- Table 4 Inbound Receipts for Luxury Goods by Country of Origin: Value 2014-2019
- Table 5 NBO Company Shares of Luxury Goods: % Value 2014-2018
- Table 6 LBN Brand Shares of Luxury Goods: % Value 2015-2018
- Table 7 Distribution of Luxury Goods by Format and Category: % Value 2019
- Table 8 Forecast Sales of Luxury Goods by Category: Value 2019-2024
- Table 9 Forecast Sales of Luxury Goods by Category: % Value Growth 2019-2024
- Sources
- Summary 1 Research Sources
- Headlines
- Prospects
- Next Generation of Wealthy Individuals Offers Potential for Experiential Luxury
- Staycations Trending As A Way To Unwind and Relax
- Luxury Foodservice Yet To Establish A Presence But Potential Exists
- Competitive Landscape
- International Hotel Chains Lead Experiential Luxury
- Luxury Foodservice Players Remain Absent Due To Lack of Demand
- Category Data
- Table 10 Sales of Experiential Luxury by Category: Value 2014-2019
- Table 11 Sales of Experiential Luxury by Category: % Value Growth 2014-2019
- Table 12 NBO Company Shares of Experiential Luxury: % Value 2014-2018
- Table 13 LBN Brand Shares of Experiential Luxury: % Value 2015-2018
- Table 14 Forecast Sales of Experiential Luxury by Category: Value 2019-2024
- Table 15 Forecast Sales of Experiential Luxury by Category: % Value Growth 2019-2024
- Headlines
- Prospects
- Booming Tourism Industry and Government Support Supports Growth
- Millennials Focus on Experiences Over Shopping
- the Potential of Virgin Beaches and Exotic Islands Along With Mice Tourism
- Competitive Landscape
- International Hotel Chains Lead Luxury Hotels
- Social Media and Influencers the Marketing Tools of the Future
- Consumers Go Online in Search of the Best Deals
- Category Data
- Table 16 Sales in Luxury Hotels: Value 2014-2019
- Table 17 Sales in Luxury Hotels: % Value Growth 2014-2019
- Table 18 Sales in Luxury Hotels by Country of Origin: % Value 2014-2019
- Table 19 NBO Company Shares in Luxury Hotels: % Value 2014-2018
- Table 20 LBN Brand Shares in Luxury Hotels: % Value 2015-2018
- Table 21 Forecast Sales in Luxury Hotels: Value 2019-2024
- Table 22 Forecast Sales in Luxury Hotels: % Value Growth 2019-2024
- Headlines
- Prospects
- With Ban on Alcohol Rejected Category Looks To Bright Future
- Fine Wines on the Rise As Availability Increases
- the Search for Experiences Stands To Benefit Category Sales
- Competitive Landscape
- LVMH Dominates With Portfolio of Prestigious Champagne Brands
- Distribution Expanding But Internet Retailing Yet To Take Off
- Education Key To the Development of Fine Wines/champagne and Spirits
- Category Data
- Table 23 Sales of Fine Wines/Champagne and Spirits by Category: Value 2014-2019
- Table 24 Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2014-2019
- Table 25 NBO Company Shares of Fine Wines/Champagne and Spirits: % Value 2014-2018
- Table 26 LBN Brand Shares of Fine Wines/Champagne and Spirits: % Value 2015-2018
- Table 27 Distribution of Fine Wines/Champagne and Spirits by Format: % Value 2014-2019
- Table 28 Forecast Sales of Fine Wines/Champagne and Spirits by Category: Value 2019-2024
- Table 29 Forecast Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2019-2024
- Headlines
- Prospects
- Government Pursues New Tax Reforms As It Looks To Cut Emissions
- General Election Sees Consumers Exercising Caution
- Suvs Becoming Popular Due To the Poor State of the Country's Roads
- Competitive Landscape
- Bmw Benefiting From Popularity Among Millennials
- Gaiikindo Indonesia International Auto Show
- Mercedes-benz Leads Sales of Luxury Cars in Indonesia
- Category Data
- Table 30 Sales of Premium and Luxury Cars: Value 2014-2019
- Table 31 Sales of Premium and Luxury Cars: % Value Growth 2014-2019
- Table 32 NBO Company Shares of Premium and Luxury Cars: % Value 2014-2018
- Table 33 LBN Brand Shares of Premium and Luxury Cars: % Value 2015-2018
- Table 34 Forecast Sales of Premium and Luxury Cars: Value 2019-2024
- Table 35 Forecast Sales of Premium and Luxury Cars: % Value Growth 2019-2024
- Headlines
- Prospects
- Strong Economy Sees Women Investing More in Their Appearance
- Personal Luxury Seen As An Investment Opportunity
- Travel-related Purchases on the Rise
- Competitive Landscape
- International Brands Dominate With Gucci Benefiting From Renewed Image
- Local Brands on the Rise
- More Consumers Going Online As Offer Expands
- Category Data
- Table 36 Sales of Personal Luxury by Category: Value 2014-2019
- Table 37 Sales of Personal Luxury by Category: % Value Growth 2014-2019
- Table 38 NBO Company Shares of Personal Luxury: % Value 2014-2018
- Table 39 LBN Brand Shares of Personal Luxury: % Value 2015-2018
- Table 40 Distribution of Personal Luxury by Format: % Value 2014-2019
- Table 41 Forecast Sales of Personal Luxury by Category: Value 2019-2024
- Table 42 Forecast Sales of Personal Luxury by Category: % Value Growth 2019-2024
- Headlines
- Prospects
- Luxury Streetwear and Trainers on Trend
- Government Raises Taxes on Imported Goods
- Rental Services Offer Investment Potential for Designer Apparel and Footwear (ready-to-wear)
- Competitive Landscape
- Kering Benefits From Revamp Under New Creative Director
- Local Brands Enter the Market With Designer Footwear
- International Brands Continue To Dominate
- Category Data
- Table 43 Sales of Designer Apparel and Footwear (Ready-to-Wear) by Category: Value 2014-2019
- Table 44 Sales of Designer Apparel and Footwear (Ready-to-Wear) by Category: % Value Growth 2014-2019
- Table 45 NBO Company Shares of Designer Apparel and Footwear (Ready-to-Wear): % Value 2014-2018
- Table 46 LBN Brand Shares of Designer Apparel and Footwear (Ready-to-Wear): % Value 2015-2018
- Table 47 Distribution of Designer Apparel and Footwear (Ready-to-Wear) by Format: % Value 2014-2019
- Table 48 Forecast Sales of Designer Apparel and Footwear (Ready-to-Wear) by Category: Value 2019-2024
- Table 49 Forecast Sales of Designer Apparel and Footwear (Ready-to-Wear) by Category: % Value Growth 2019-2024
- Headlines
- Prospects
- Eye Health Key To the Development of Luxury Eyewear
- Women's Luxury Sunglasses Benefits From Growing Focus on Appearance and Travel
- Social Media Stars and Celebrities Help Drive Brand Sales
- Competitive Landscape
- Luxottica Retains Lead Despite Mounting Competition
- Korean Brands Making Headway Thanks To Rising Popularity of K-pop and K-drama
- Internet Retailing Still at A Nascent Stage for Luxury Eyewear
- Category Data
- Table 50 Sales of Luxury Eyewear by Category: Value 2014-2019
- Table 51 Sales of Luxury Eyewear by Category: % Value Growth 2014-2019
- Table 52 NBO Company Shares of Luxury Eyewear: % Value 2014-2018
- Table 53 LBN Brand Shares of Luxury Eyewear: % Value 2015-2018
- Table 54 Distribution of Luxury Eyewear by Format: % Value 2014-2019
- Table 55 Forecast Sales of Luxury Eyewear by Category: Value 2019-2024
- Table 56 Forecast Sales of Luxury Eyewear by Category: % Value Growth 2019-2024
- Headlines
- Prospects
- Opportunities Exist Within Luxury Fine Jewellery
- Local Independent Jewellers Drive Sales of Luxury Jewellery
- Luxury Costume Jewellery Offers Greater Flexibility at More Affordable Prices
- Competitive Landscape
- International Brands Dominate
- Internet Retailing Records Steady Growth in 2019
- Suburban Development Likely To Result in More Chained Jewellery Stores Opening
- Category Data
- Table 57 Sales of Luxury Jewellery by Category: Value 2014-2019
- Table 58 Sales of Luxury Jewellery by Category: % Value Growth 2014-2019
- Table 59 NBO Company Shares of Luxury Jewellery: % Value 2014-2018
- Table 60 LBN Brand Shares of Luxury Jewellery: % Value 2015-2018
- Table 61 Distribution of Luxury Jewellery by Format: % Value 2014-2019
- Table 62 Forecast Sales of Luxury Jewellery by Category: Value 2019-2024
- Table 63 Forecast Sales of Luxury Jewellery by Category: % Value Growth 2019-2024
- Headlines
- Prospects
- An Expanding Consumer Base of Mid- and High-income Women Driving Growth
- Thriving Tourism Industry Drives Demand for Luxury Leather Goods
- Middle-class Consumers Drive Sales of Luxury Leather Goods
- Competitive Landscape
- Louis Vuitton Leads Luxury Leather Goods
- New Focus on Younger Consumers Sees Gucci Making Strong Gains
- International Brands Dominate But Domestic Brands Making Gains
- Category Data
- Table 64 Sales of Luxury Leather Goods: Value 2014-2019
- Table 65 Sales of Luxury Leather Goods: % Value Growth 2014-2019
- Table 66 NBO Company Shares of Luxury Leather Goods: % Value 2014-2018
- Table 67 LBN Brand Shares of Luxury Leather Goods: % Value 2015-2018
- Table 68 Distribution of Luxury Leather Goods by Format: % Value 2014-2019
- Table 69 Forecast Sales of Luxury Leather Goods: Value 2019-2024
- Table 70 Forecast Sales of Luxury Leather Goods: % Value Growth 2019-2024
- Prospects
- Category Sales All But Vanish With the Disappearance of Vertu
- Growing Wealth But Lack of Demand
- Headlines
- Prospects
- Investment and Status Key To Growth of Luxury Timepieces
- Luxury Timepieces Less of A Priority for Women
- Increasing Competition and Widening Distribution Points To Favourable Future
- Competitive Landscape
- With High Prices and High Value Materials Cartier Leads the Way
- Rolex Benefits From Strong Status
- International Brands Dominate in Status-driven Category
- Category Data
- Table 71 Sales of Luxury Timepieces by Category: Value 2014-2019
- Table 72 Sales of Luxury Timepieces by Category: % Value Growth 2014-2019
- Table 73 NBO Company Shares of Luxury Timepieces: % Value 2014-2018
- Table 74 LBN Brand Shares of Luxury Timepieces: % Value 2015-2018
- Table 75 Distribution of Luxury Timepieces by Format: % Value 2014-2019
- Table 76 Forecast Sales of Luxury Timepieces by Category: Value 2019-2024
- Table 77 Forecast Sales of Luxury Timepieces by Category: % Value Growth 2019-2024
- Headlines
- Prospects
- Gifting A Key Driver of Sales of Luxury Writing Instruments and Stationery
- in An Increasingly Digital World Luxury Writing Instruments May Become Valuable Relics
- Handwritten Messages Continue To Carry Weight in Indonesia
- Competitive Landscape
- Montblanc Maintains Lead in Luxury Writing Instruments and Stationery
- Brand Profile Key But Marketing Remains Limited
- Hermès Looks To the Future With Its Literary Inspired Nautilus Range
- Category Data
- Table 78 Sales of Luxury Writing Instruments and Stationery: Value 2014-2019
- Table 79 Sales of Luxury Writing Instruments and Stationery: % Value Growth 2014-2019
- Table 80 NBO Company Shares of Luxury Writing Instruments and Stationery: % Value 2014-2018
- Table 81 LBN Brand Shares of Luxury Writing Instruments and Stationery: % Value 2015-2018
- Table 82 Distribution of Luxury Writing Instruments and Stationery by Format: % Value 2014-2019
- Table 83 Forecast Sales of Luxury Writing Instruments and Stationery: Value 2019-2024
- Table 84 Forecast Sales of Luxury Writing Instruments and Stationery: % Value Growth 2019-2024
- Headlines
- Prospects
- Working Women With More Money in the Pockets Driving Growth
- Micro Loans Help Fund Purchases
- 'share in Jar' Trend Proving Popular
- Competitive Landscape
- Western Brands Dominate Thanks To Strong Marketing and Fashionable Image
- Japanese and Korean Brands Make Headway in Super Premium Skin Care
- Celebrities and Influencers Key To Raising A Brand's Profile
- Category Data
- Table 85 Sales of Super Premium Beauty and Personal Care by Category: Value 2014-2019
- Table 86 Sales of Super Premium Beauty and Personal Care by Category: % Value Growth 2014-2019
- Table 87 NBO Company Shares of Super Premium Beauty and Personal Care: % Value 2014-2018
- Table 88 LBN Brand Shares of Super Premium Beauty and Personal Care: % Value 2015-2018
- Table 89 Distribution of Super Premium Beauty and Personal Care by Format: % Value 2014-2019
- Table 90 Forecast Sales of Super Premium Beauty and Personal Care by Category: Value 2019-2024
- Table 91 Forecast Sales of Super Premium Beauty and Personal Care by Category: % Value Growth 2019-2024