Jul 12, 2013

Indonesia: Asia's $1 trillion opportunity

An ethnically diverse market offering vast business potential, Indonesia continues to change rapidly. A study by McKinsey & Company estimates that the country’s 45-million-strong ‘consuming class’ will swell to 135 million by 2030, generating a trillion-dollar opportunity for brands. That growth is bigger than in any other economy, with the exception of China and India. The study canvassed 5,500 respondents across 44 cities, spanning 24 Indonesian provinces.

Related Articles

Just Published

11 hours ago

Dentsu powers-up retail media networks with 'world ...

Partnership with Co-op and Lumen Research used eye-tracking data that ‘proves‘ retail media ads are just as impactful as social media and out-of-home campaigns.

17 hours ago

A Cannes Lions 2025 guide for ROI-hungry APAC marketers

The real win at Cannes Lions for APAC marketers lies not in bringing trophies home, but in bringing home ideas sharp enough to cut through locally, says Shufen Goh, co-founder of R3 and APAC president at MediaSense.

17 hours ago

China’s 618 shopping festival sees electronics ...

Electronics and home appliances soar as government subsidies kick in, but once again, top e-commerce platforms are silent on overall GMV—reflecting both changing consumer habits and a 618 season that keeps breaking its own timeline.