Indonesia Sports & Swimwear Market Outlook to 2030

Region:Asia

Author(s):Yogita Sahu

Product Code:KROD7430

Published On

November 2024

Total pages

94

About the Report

Indonesia Sports & Swimwear Market Overview

  • The Indonesia Sports & Swimwear market is valued at USD 400 million, driven by increasing participation in fitness activities, expanding youth demographics, and the rising trend of sports as a part of daily lifestyle. The market has witnessed a steady surge in demand for sportswear, driven by increasing disposable income and a growing inclination toward fitness and outdoor activities.

Indonesia Sports & Swimwear Market Size

  • Major cities like Jakarta, Bandung, and Surabaya dominate the sports and swimwear market due to their higher concentration of sports clubs, gyms, and outdoor recreational activities. These urban centers have more affluent populations with access to premium sportswear brands, contributing to their market dominance.
  • The Indonesian government launched initiatives to encourage the growth of local sportswear manufacturing companies. By 2024, the government allocated over IDR 200 billion in subsidies to local manufacturers, focusing on promoting technological upgrades and training programs to increase competitiveness in the international market.

Indonesia Sports & Swimwear Market Segmentation

By Product Type: The market is segmented by product type into sports apparel, swimwear, footwear, and accessories. Recently, sports apparel has maintained a dominant market share under this segmentation due to its versatility and growing popularity across diverse activities such as running, gym workouts, and yoga. Brands like Nike, Adidas, and Under Armour have heavily invested in Indonesia, targeting both casual and professional athletes.

Indonesia Sports & Swimwear Market Segmentation by Product Type

By Distribution Channel: The market is also segmented by distribution channel into offline retail and online retail. Offline retail, including specialty sports stores, department stores, and physical outlets, continues to hold a larger share of the market. The dominance of offline retail can be attributed to the Indonesian consumers preference for physical trials of products, especially footwear and swimwear, before purchasing. Retailers like Decathlon and Sports Station have leveraged this behavior by opening new outlets, providing consumers with a hands-on shopping experience, thereby contributing to their success in this market segment.

Indonesia Sports & Swimwear Market Segmentation by Distribution Channel

Indonesia Sports & Swimwear Market Competitive Landscape

The market is dominated by a combination of global and local players, each leveraging distinct strategies to capture market share. Global giants like Nike and Adidas hold a significant portion of the market due to their strong brand reputation, innovation in product lines, and heavy investments in athlete endorsements.

Company Name

Establishment Year

Headquarters

Market Penetration

Product Portfolio

Innovation Focus

Local Partnerships

Marketing Strategies

Sustainability Initiatives

Nike Inc.

1964

Oregon, USA

Adidas AG

1949

Herzogenaurach, GER

Under Armour Inc.

1996

Maryland, USA

Decathlon SA

1976

Lille, FRA

Eiger

1979

Bandung, Indonesia

Indonesia Sports & Swimwear Market Analysis

Market Growth Drivers

  • Increasing Health and Fitness Awareness: Indonesias rising focus on health and fitness is driving the demand for sportswear, particularly among younger demographics. According to the Indonesian Ministry of Health, the number of registered gym members surged by over 200,000 in 2024, demonstrating an increased focus on fitness routines. The growing number of fitness centers, particularly in urban areas like Jakarta and Surabaya, is leading to higher sales of sportswear.
  • Growing Participation in Sports Events: Sports events like marathons, triathlons, and local leagues have seen an influx of participants, further boosting the demand for sports and swimwear. For example, the Jakarta Marathon in 2024 saw participation rise to over 30,000 runners. Additionally, government initiatives to encourage citizens' participation in sports to reduce healthcare costs have been instrumental in promoting physical activities, increasing demand for sportswear designed for both professional athletes and amateurs.
  • Rising E-Commerce Penetration: The Indonesian e-commerce market is expanding rapidly, with over 200 million internet users recorded in 2024, boosting the online sale of sports and swimwear. E-commerce giants like Tokopedia and Shopee are increasingly adding more sportswear brands to their platforms. Online retail platforms account for a significant portion of apparel sales, particularly sportswear, making it convenient for consumers to access a wider range of international and local brands.

Market Challenges

  • High Import Dependency for Materials: Indonesias sportswear manufacturing sector is heavily reliant on imported raw materials such as synthetic fabrics. In 2024, it was reported that over 60% of the raw materials used in local sportswear production were imported, particularly from China and Taiwan. This dependency increases production costs, making it challenging for local brands to compete on pricing with global players.
  • Counterfeit Product Proliferation: The availability of counterfeit sportswear and swimwear has become a challenge. In 2024, the Indonesian Customs Office seized over 200,000 units of counterfeit sports products, primarily imitating major global brands. The presence of these cheaper, unauthorized products in the market affects both consumer trust and sales for legitimate brands.

Indonesia Sports & Swimwear Market Future Outlook

Over the next five years, the Indonesia sports & swimwear industry is expected to show robust growth driven by evolving fitness trends, increasing disposable income, and the growing influence of social media in shaping consumer preferences.

Future Market Opportunities

  • Expansion of Eco-Friendly Product Lines: Over the next five years, both local and international brands are expected to expand their eco-friendly sportswear offerings. By 2029, it is estimated that more than 30% of all sportswear sold in Indonesia will be made from recycled or sustainable materials, driven by growing consumer demand for environmentally responsible products and government incentives supporting sustainable production.
  • Growth of the Online Sportswear Market: The online sports and swimwear market in Indonesia is projected to grow substantially, with e-commerce platforms accounting for a larger portion of overall apparel sales. By 2029, it is expected that the number of online shoppers purchasing sportswear will exceed 40 million, aided by the countrys expanding internet penetration and increasing digital payment systems.

Scope of the Report

Product Type

Sports Apparel

Swimwear

Footwear

Accessories

Distribution Channel

Offline Retail

Online Retail

End-User

Men

Women

Kids

Material Type

Synthetic Fibers

Cotton-based

Recycled Materials

Region

North

East

West

South

Products

Key Target Audience Organizations and Entities Who Can Benefit by Subscribing This Report:

  • Sports Equipment Manufacturers

  • Private Equity Firms

  • Banks and Financial Institution

  • Investor and Venture Capitalist Firms

  • Government and Regulatory Bodies (Indonesian Ministry of Youth and Sports Affairs)

  • Apparel Manufacturers

Companies

Players Mentioned in the Report:

  • Adidas AG

  • Under Armour Inc.

  • Decathlon SA

  • Speedo International Ltd.

  • Arena Italia S.p.A.

  • New Balance Inc.

  • Skechers USA Inc.

  • Reebok International Ltd.

  • ASICS Corporation

  • FILA Korea Ltd.

Table of Contents

Indonesia Sports & Swimwear Market Overview

Definition and Scope

Market Taxonomy

Market Growth Rate

Market Segmentation Overview

Indonesia Sports & Swimwear Market Size (In USD Mn)

Historical Market Size

Year-On-Year Growth Analysis

Key Market Developments and Milestones

Indonesia Sports & Swimwear Market Analysis

Growth Drivers (increased participation in sports, rising health consciousness, government initiatives on sports development, influence of social media)

Market Challenges (high cost of branded sportswear, counterfeiting, supply chain disruptions, lack of awareness in rural areas)

Opportunities (emerging e-commerce platforms, increasing international sports events, growing sports tourism, collaborations with local influencers)

Trends (eco-friendly materials in sportswear, rising demand for athleisure wear, gender-neutral collections, use of smart textiles)

Government Regulations (import duties on textiles, local manufacturing policies, standards on sportswear material safety, incentives for sports startups)

SWOT Analysis

Stake Ecosystem

Porters Five Forces

Competition Ecosystem

Indonesia Sports & Swimwear Market Segmentation

By Product Type (In Value %)

Sports Apparel

Swimwear

Footwear

Accessories

By Distribution Channel (In Value %)

Offline Retail (Department Stores, Specialty Stores, Sports Stores)

Online Retail

By End-User (In Value %)

Men

Women

Kids

By Material Type (In Value %)

Synthetic Fibers

Cotton-based

Recycled Materials

By Region (In Value %)

North

East

West

South

Indonesia Sports & Swimwear Market Competitive Analysis

Detailed Profiles of Major Companies

Nike Inc.

Adidas AG

Under Armour Inc.

Puma SE

Decathlon SA

Speedo International Ltd.

Arena Italia S.p.A.

New Balance Inc.

Skechers USA Inc.

Reebok International Ltd.

ASICS Corporation

FILA Korea Ltd.

The North Face

Mizuno Corporation

Quiksilver Inc.

Cross Comparison Parameters (Product Portfolio, Market Penetration, Marketing Strategies, Brand Endorsements, Local Partnerships, Revenue, Sponsorship Deals, Market Share)

Market Share Analysis

Strategic Initiatives

Mergers And Acquisitions

Investment Analysis

Venture Capital Funding

Government Grants

Private Equity Investments

Indonesia Sports & Swimwear Market Regulatory Framework

Import Duties and Tariffs on Textiles and Apparel

Local Manufacturing Regulations

Quality and Safety Standards for Sportswear

Environmental Regulations on Sustainable Materials

Indonesia Sports & Swimwear Future Market Size (In USD Mn)

Future Market Size Projections

Key Factors Driving Future Market Growth

Indonesia Sports & Swimwear Future Market Segmentation

By Product Type (In Value %)

By Distribution Channel (In Value %)

By End-User (In Value %)

By Material Type (In Value %)

By Region (In Value %)

Indonesia Sports & Swimwear Market Analysts Recommendations

TAM/SAM/SOM Analysis

Consumer Behavior Analysis

Brand Positioning Strategies

Expansion Opportunities in Tier 2 & 3 Cities

Disclaimer Contact Us

Research Methodology

Step 1: Identification of Key Variables

In the first phase, we developed an ecosystem map identifying all key stakeholders in the Indonesia sports & swimwear market. Extensive secondary research was conducted using proprietary databases, official government reports, and reputable market research firms to gather essential industry-level data.

Step 2: Market Analysis and Construction

We performed a detailed analysis of historical data regarding the Indonesia sports & swimwear market. This involved assessing market trends, evaluating consumer behavior, and analyzing revenue statistics across product segments. Market penetration metrics were also reviewed to ensure the accuracy of forecasts.

Step 3: Hypothesis Validation and Expert Consultation

To verify market hypotheses, we engaged in structured interviews with key industry experts and brand representatives. These insights helped in refining the market projections and providing a deeper understanding of local consumer preferences.

Step 4: Research Synthesis and Final Output

In this final stage, we synthesized data from multiple sources and validated it with direct feedback from market participants. The insights obtained from these discussions were integrated into the final report, ensuring an accurate and reliable market analysis.

Frequently Asked Questions

01. How big is the Indonesia Sports & Swimwear Market?

The Indonesia sports & swimwear market is valued at USD 400 million, driven by growing consumer interest in health and fitness, rising disposable incomes, and increased access to international sportswear brands.

02. What are the challenges in the Indonesia Sports & Swimwear Market?

Key challenges in this Indonesia sports & swimwear market include high competition from counterfeit products, fluctuating raw material costs, and supply chain disruptions that impact product availability.

03. Who are the major players in the Indonesia Sports & Swimwear Market?

The major players in this Indonesia sports & swimwear market include global brands like Nike, Adidas, and Under Armour, as well as local brands like Eiger, which cater to the specific needs of the Indonesian consumer.

04. What are the growth drivers of the Indonesia Sports & Swimwear Market?

Growth in this Indonesia sports & swimwear market is primarily driven by increased consumer interest in fitness and sports, growing e-commerce penetration, and the government's push for sports development and physical education programs.

05. What are the current trends in the Indonesia Sports & Swimwear Market?

Current trends include the rise of eco-friendly and sustainable sportswear, the increasing popularity of athleisure clothing, and the use of technology in creating smart textiles for sports performance.

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