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Ministry expects steady growth in Indonesia's sportswear market
ID🏛️ PoliticsCenter9 hr. ago

Ministry expects steady growth in Indonesia's sportswear market

The Indonesian Ministry of Industry expressed confidence in the continued growth of the country's sportswear market, citing increasing consumer interest in healthy and active lifestyles. Deputy Minister Faisol Riza highlighted projections showing the market could grow from approximately Rp38.5 trillion in 2025 to around Rp58.6 trillion by 2030, with a compound annual growth rate of about 9%. He emphasized the importance of local manufacturers, particularly small and medium enterprises, in capitalizing on this opportunity. The ministry also pointed to strong export performance, with textile apparel exports rising 2.7% and sports equipment exports surging 12% between 2024 and 2025. Officials noted the economic significance of these industries in generating employment and contributing to national development.

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Antara News logoAntara NewsState / PublicCenter9 hr. ago
Ministry expects steady growth in Indonesia's sportswear market

The Indonesian Ministry of Industry expressed confidence in the continued growth of the country's sportswear market, citing increasing consumer interest in healthy and active lifestyles. Deputy Minister Faisol Riza highlighted projections showing the market could grow from approximately Rp38.5 trillion in 2025 to around Rp58.6 trillion by 2030, with a compound annual growth rate of about 9%. He emphasized the importance of local manufacturers, particularly small and medium enterprises, in capitalizing on this opportunity. The ministry also pointed to strong export performance, with textile apparel exports rising 2.7% and sports equipment exports surging 12% between 2024 and 2025. Officials noted the economic significance of these industries in generating employment and contributing to national development.

Bias read (Center): The article presents information about the growth of Indonesia's sportswear market based on official reports and statistics, without overtly promoting any particular political agenda. While the subject matter relates to economic policy and government strategy, the framing remains balanced, focusing

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