Thursday, 20 February 2025 14:54

Indonesia’s Footwear Industry Projected to Grow 17% in 2025

Indonesia’s footwear industry is expected to experience strong growth in 2025, with a projected increase of 12% to 17%, according to Yoseph Billie Dosiwoda, Executive Director of the Indonesian Footwear Association (Aprisindo). While challenges remain in the domestic market, optimism persists due to significant opportunities in both local and export markets. Historical trends suggest that Ramadan and Eid sales will contribute significantly, with past data showing a 13% to 17% boost in annual sales during these periods.


Despite economic challenges, Indonesia remains among the world's top five footwear producers, manufacturing 807 million pairs in 2023, with 55.4% exported globally. To support sustainable growth, Aprisindo advocates for tax incentives, including income tax relief for labor-intensive sectors, easier access to financing, and increased investment in R&D and workforce development. Strengthening import controls and promoting local products are also seen as crucial steps in enhancing Indonesia’s global competitiveness in the footwear industry.

Source:
https://industri.kontan.co.id/news/industri-alas-kaki-indonesia-diprediksi-tumbuh-17-pada-2025

 

 

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