Fashion market in Indonesia

The Indonesian Socks eCommerce market is predicted to reach US$363.6 million by 2024 and accounts for 3.7% of the Apparel eCommerce market in Indonesia. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 29.8%, resulting in a projected market volume of US$1,031.3 million by 2028. The Socks eCommerce market is a sub-market of the Apparel market. Further categories within the Apparel market are: Dresses & Skirts, Jackets, Coats & Anoraks, Other Apparel, Pants, Suits & Trouser Suits, Sweaters, T-Shirts, Shirts & Blouses, Underwear & Nightwear, and Workwear.

The online share refers to the proportion of the retail volume that is transacted via the Internet. It includes purchases via desktop PC, tablet or smartphone, both via website or app. Only retail of physical goods is taken into account. In the Indonesian Socks retail market, the online share is 13.6% and will increase by an average of 0.5% to 13.8% by 2028.