Video: Footwear Market Reaches USD 400 Billion, Indonesia Needs Supporting Industries

Jakarta, CNBC Indonesia - The Chairman of the Indonesian Footwear Association (APRISINDO), Anton J. Supit, discusses the development and impact of global turbulence on Indonesia’s footwear industry. Currently, Indonesia’s footwear exports still rely on the US and European markets, making weakening purchasing power a challenge for the domestic footwear industry. Additionally, Indonesia’s investment climate, perceived as ‘less’ friendly to investors, hinders opportunities for the footwear sector as a labour-intensive industry to absorb a large workforce. Amid the US-China trade war, Indonesia should seize the opportunity to attract footwear investments, but issues with legal certainty regarding permits, environmental policies, labour, and disruptions from mass organisations remain problematic. Currently, India and Bangladesh are emerging as attractive destinations for footwear investors, so Indonesia must overcome investment barriers to draw investors. The global footwear export market potential reaches USD 400 billion, while Indonesia only exports USD 7 billion, leaving vast opportunities to attract investment. Furthermore, Indonesia needs to strengthen the footwear industry ecosystem, including supporting industries such as leather, shoelaces, and accessories to bolster the footwear sector. What are the challenges and potential of Indonesia’s footwear sector? Is there optimism for the prospects of Indonesia’s footwear industry amid global turbulence? For more details, see the dialogue between Shania Alatas and the Chairman of the Indonesian Footwear Association (APRISINDO), Anton J. Supit, in Manufacture Check, CNBC Indonesia (Friday, 24/04/2026).