2014-02-03 09:30:01 - Knitted and Crocheted Articles in Indonesia: ISIC 173 - a new market research report on companiesandmarkets.com
Indonesia has a fairly small and stagnant knitting market, valued Rp28 trillion in 2012. 76% of total sales attributable to local household purchases.
Knitted and crocheted hosiery, pullovers and cardigans represent 66% of all sales in 2012, up from 42% in 2007. Local knitting industry generates Rp68 trillion in earnings in 2012, marking 6% annual growth from 2007. Industry turnover expected to see 8% CAGR over 2013-2018.
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