eCommerce: Market Revenue Growth
Fashion eCommerce Revenue Growth in Indonesia
How has the Indonesian Fashion eCommerce market revenue been evolving over the years? Dive into the data from 2018 to 2026 for insights.
Article by Patrick Nowak | June 19, 2024Download
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Fashion eCommerce Revenue Growth in Indonesia
What Was the Trend in eCommerce Revenue Growth for Indonesian Fashion Market from 2018 to 2026?
The eCommerce revenue growth in the Indonesian Fashion market has shown a remarkable trajectory from 2018 to the projected figures for 2026. Commencing with robust growth rates of 94.2% in 2018 and 105.8% in 2019, the sector experienced a slight dip in 2020 with a growth rate of 100.1%. However, this decline was short-lived as the market rebounded with growth rates of 9.8% in 2021 and 9.5% in 2022. The year 2023 witnessed a substantial surge with a growth rate of 22.9%, indicating a resurgence in the market. Looking ahead, the forecasted figures for 2024, 2025, and 2026 project growth rates of 30.9%, 26.5%, and 22.7% respectively. These numbers highlight the resilience and potential for growth in the Indonesian Fashion eCommerce market, showcasing a promising outlook for the coming years.
Main Facts: eCommerce Revenue Growth in Indonesia's Fashion Market, 2018-2026
- Consistent Growth Trend: The Indonesian Fashion eCommerce market displayed a steady increase in revenue from 2018 to 2023, with growth rates ranging from 9.5% to 105.8% annually.
- Temporary Surge in 2020: A notable spike in growth was observed in 2020, with revenue increasing by 100.1%, indicating a significant boost in online fashion sales during that year.
- Forecasted Stability Post-2023: Despite a slight decline in growth in 2023, the Indonesian Fashion eCommerce market is projected to maintain a stable growth trajectory with rates of 30.9% in 2024, 26.5% in 2025, and 22.7% in 2026.
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