2020 - 2023
+112%
+44%
+14%
2020
2021
2022
2023
Indonesia’s e-commerce sector is experiencing robust growth, with annual transaction volumes increasing by over 55% from 2020 to 2023, reflecting a booming market.
2020 - 2023
+91%
+36%
+30%
2020
2021
2022
2023
Another indicator of this expansion is the steady rise in the number of e-commerce users each year, showcasing the growing adoption and engagement with online shopping.
2021
Indonesians make more than nine online purchases per month.
2023 - 2024
rise in the numbers of consumers from outside Java using e-commerce platforms
The robust demand for online shopping underscores the significant role of e-commerce in Indonesia’s economy and highlights its potential for further growth, even beyond the Greater Jakarta Area.
While Indonesia offers vast opportunities for global brands, it also presents unique challenges that must be navigated for successful market entry and growth.
While Indonesia offers vast opportunities for global brands, it also presents unique challenges that must be navigated for successful market entry and growth.
Established in 2013, SIRCLO has served 1,000 enterprise-level brands, 1 million MSMEs, and reached 25 million end-consumers.
by Venture Capital
