Indonesia Retail Market Growth Forecast 2025-2033: Key Insights
The retail market in Indonesia is projected to grow by USD 49.9 billion from 2025 to 2029, with an estimated compound annual growth rate (CAGR) of 4.7% during this period. This growth is driven by the expansion of the retail landscape, which includes a growing preference for local brands and the increasing influence of digital technology on consumer behavior. Underdeveloped infrastructure poses challenges, but key players in the market include Adidas AG, Apple Inc., and Nike Inc..