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INDONESIA RETAIL MARKET The hypermarkets are growing fast in Indonesia. They have become Asia's new hobbyhorse, self-service retail outlets so big that with as much as 50,000 square feet under a single roof they look like warehouses on the outside. On the inside, they sell everything from steaks to sandals, televisions to toothpicks, garden tools to sports equipment. Key players are Carrefour, Giant, Alfa and Hypermart. There is a trend for hypermarkets, with larger discounts and promises of a one-stop shopping experience, to mushroom in major cities. It is estimated that hypermarkets will control close to 45 percent of the retail market space by 2006 while supermarkets and department stores are expected to contract to 30 percent, the rests are Mini-markets and local stall for consumers’ day-to-day incidental shopping. KEY STATISTICS Population: 245,452,739 (July 2006 est.) Age structure: 0-14 years: 28.8% (male 35,995,919/female 34,749,582) 15-64 years: 65.8% (male 80,796,794/female 80,754,238) 65 years and over: 5.4% (male 5,737,473/female 7,418,733) (2006 est.) Population growth rate: 1.41% (2006 est.) |
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