The Indonesia Retail Market size was valued at around USD 175.11 billion in 2024 and is projected to reach USD 278.29 billion in 2030. Along with this, the market is also estimated to grow at a CAGR of around 3.98% during the forecast period, 2025-30.
Indonesia Retail Market Driver:
Rising Popularity of In-store Bakeries – A significant growth factor propelling the demand in Indonesia has been the increasing popularity of in-store bakeries within supermarkets & hypermarkets. Though, being small in footprint, these confectionaries have been improving the customer’s shopping experience by delivering a diverse array of freshly baked goods, such as doughnuts, cakes, and pastries. This growth is further predominantly driven by the added convenience for consumers, who appreciate the ability to combine their regular grocery shopping with the purchase of premium, freshly baked items. There has been a growing demand nationwide for products that would be finished on-site, including parbaked and pre-baked goods.
Also, retail chains like PT. Circleka Indonesia Utama is capitalizing on this trend by equipping its locations with freezers and ovens that ensure baked products are not only fresh but also warm when purchased, greatly enhancing their appeal. This helps extend the shelf life of these products and ensures that their quality and taste are maintained. The strategic inclusion of these bakeries within stores has proven to be a significant attraction for customers, leading to increased foot traffic at retail outlets.
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Key Market Reports Highlights
- Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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Indonesia Retail Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2024
-Historical Period: 2020 to 2023
-Forecast Period: 2025 to 2030
- By Product
- Food and Beverages- Market Size & Forecast 2020-2030F, USD Million
- Personal and Household Care- Market Size & Forecast 2020-2030F, USD Million
- Apparel, Footwear, and Accessories- Market Size & Forecast 2020-2030F, USD Million
- Furniture, Toys, and Hobby- Market Size & Forecast 2020-2030F, USD Million
- Electronic and Household Appliances- Market Size & Forecast 2020-2030F, USD Million
- Others- Market Size & Forecast 2020-2030F, USD Million
- By Distribution Channel
- Supermarkets/Hypermarkets, Convenience Stores, and Department Stores- Market Size & Forecast 2020-2030F, USD Million
- Specialty Stores- Market Size & Forecast 2020-2030F, USD Million
- Online- Market Size & Forecast 2020-2030F, USD Million
- Others- Market Size & Forecast 2020-2030F, USD Million
- By Region
- North Sumatra
- West Java
- Central Java
- East Java
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including – PT Matahari Putra Prima Tbk, PT Ramayana Lestari Sentosa TBK, PT Sumber Alfaria Trijaya, Tbk, PT Mitra Adiperkasa Tbk, PT Trans Retail Indonesia, Erajaya Swasembada, Hero Supermarket Group, PT Aeon Indonesia, Indomaret, Lotte Mart, and others
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