Market Insights Consumer Toys & Hobby Sports Equipment

Team Sports Equipment - Indonesia

Indonesia

The revenue generated in the Team Sports Equipment market in 2024 in Indonesia amounts to IDR US$274.4m.
It is projected to grow at an annual rate of 6.17% (CAGR 2024-2028).
When compared to other countries, in China generates the highest revenue in the global market, reaching IDR US$2,001.0m in 2024.
In terms of per capita income, the revenue generated per person in Indonesia in 2024 is IDR US$0.98.
Indonesia's growing middle class is driving the demand for high-quality team sports equipment, creating opportunities for both local and international brands to expand their market presence.

Key regions: Indonesia, China, United States, Europe, Italy

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Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on consumer spending on goods people buy for their leisure activities and hobbies.

Modeling approach:

Market sizes are determined through a Top-Down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use in-house market research, national statistical offices, international institutions, trade associations, third-party studies, and survey results from our primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and household number. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, exponential trend smoothing is well suited for forecasting the Toys & Hobby market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.