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Sports and Leisure Equipment Is Expected to Witness Growth of 19% over the Forecast Period; Finds New Report

Market Research Reports, Inc. has announced the addition of “Sports and Leisure Equipment Retailing in Indonesia - Market Summary and Forecasts; Comprehensive overview of the market, consumer, and competitive context, with retail sales value and forecasts to 2020” research report to their website www.MarketResearchReports.com

 

Lewes, DE -- (SBWIRE) -- 05/30/2016 -- Sports and Leisure Equipment Retailing in Indonesia – Market Summary & Forecasts; Comprehensive overview of the market, consumer, and competitive context, with retail sales value and forecasts to 2020 - The retail market for sports and leisure equipment is expected to witness growth of 19% over the forecast period. Per capita spending is on the rise and will produce a CAGR of 17.7% over 2015–2020. In addition, online spending on sports and leisure equipment will grow at a CAGR of 34.25% during the next five years. Online sales of sports and leisure equipment are forecast to grow from IDR693 billion in 2015 to IDR3024 billion by the end of 2020, driven by increasing consumer preference for the channel.

- Sports equipment was the largest category with 78% in retail sales in 2015
- Sales through the online channel are gaining traction, with the channel expected to grow at a CAGR of 34.25% during 2015-2020.
- Specialist retailers dominate the sport and leisure equipment market in Indonesia, having accounted for 88.8% of the sales in the segment

Sports and Leisure Equipment Retailing in Indonesia – Market Summary & Forecasts is a detailed sector report providing a comprehensive analysis of the emerging trends, forecasts and opportunities to 2020.

For more information Visit at: http://www.marketresearchreports.com/verdict-financial/sports-and-leisure-equipment-retailing-indonesia-market-summary-and-forecasts

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