The market size for men's and boys' trousers and shorts made of synthetic fibers in Indonesia reached $197.54 million in 2023, experiencing a modest year-on-year growth of 3.04%. Over the past decade, the sector has witnessed fluctuations, with significant growth in the mid-2010s and a notable dip in 2020, possibly due to the pandemic. From 2019 to 2023, the compound annual growth rate (CAGR) was 3.58%, showing a steady recovery and growth trajectory in recent years.
Future trends to watch:
- Growing demand for synthetic fibers due to their affordability and versatility.
- Influence of sustainability trends, leading to potential shifts toward eco-friendly synthetic materials.
- Impact of digital retail expansion on market accessibility and consumer reach.
