Jul 12, 2013

Indonesia: Asia's $1 trillion opportunity

An ethnically diverse market offering vast business potential, Indonesia continues to change rapidly. A study by McKinsey & Company estimates that the country’s 45-million-strong ‘consuming class’ will swell to 135 million by 2030, generating a trillion-dollar opportunity for brands. That growth is bigger than in any other economy, with the exception of China and India. The study canvassed 5,500 respondents across 44 cities, spanning 24 Indonesian provinces.

Related Articles

Just Published

34 minutes ago

40 Under 40 2024: Lana Zhang, Merkle

Zhang's visionary leadership, dedication to innovation, and contributions to marketing automation have established her as a cornerstone of the industry in China and beyond.

1 hour ago

What Chrome’s potential spin-off means for browsers ...

As the Department of Justice pushes for Google to divest Chrome, the ripple effects could redefine browser competition, shake up web standards, and disrupt the advertising ecosystem as we know it.

2 hours ago

It's time we stopped treating Gen AI like our dirty ...

All this heated discourse about AI in creativity misses a simple truth: This revolution isn't waiting for universal approval. It's already here—time to trade the resistance for renaissance.

2 hours ago

Publicis' Unilever win solidifies its strength in ...

Dentsu's Carat jumps the most in positioning, WPP's Mindshare sees the biggest fall, while Omnicom's PHD retains the overall lead.