Indonesia Logistics Market is Expected to Reach USD 240 Billion by 2021: Ken Research
GURUGRAM, India, January 18, 2018 /PRNewswire/ --
- Cold chain market in Indonesia is a concentrated market led by PT. Diamond Cold Storage, Maersk Line, Wahana and GAC.
- 3PL market in Indonesia is expected to increase at a five year CAGR of 14.0% in the near future.
- Jakarta contributed highest revenue share of 38.0% in Indonesia warehousing market in 2016 owing to the industrial parks situated in the largest city Jakarta.
Indonesia Logistics Market is currently in the growth stage with presence of various organized and unorganized players consisting of a combination of shipping and international freight forwarders, courier providers which are mainly engaged in land transportation and total logistics services providers that operate a multimodal transport model. Players are taking up and diversifying into 3PL segment to enhance their market share. Presently, there are more than 155 logistics and warehouse service providers in Indonesia.
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The freight forwarding market size has increased with the boost in air freight and sea freight, the development of transportation infrastructure and increase in number of freight forwarders, increasing industrial activities, growing FMCG market and rising e-commerce industry. Road freight has the highest share owing to the high number of deliveries that take place through road network. Air freight had the second largest share in the country freight forwarding market. Asian Countries flow corridor is the largest contributor in terms of revenue in the freight forwarding market owing to free trade agreement. The leading players in the industry are DHL, CEVA Logistics, Yusen Logistics, Agility Logistics and others. The freight forwarding market is forecasted to dominate the Indonesia logistics market in future
Air express logistics has dominated the Indonesia express logistics with 61.0% revenue market share during 2016 owing to major international shipments falling in this category. B2B segment has dominated the express logistics market in Indonesia during 2016. The major players of Express logistic in Indonesia include DHL, FEDEX, First Logistics and JNE Express. High growth rate can be advocated from the growth expected in the e-commerce industry, rise in the demand of perishable goods and the increased use of express delivery by people in case of personal and corporate documents and last mile delivery.
According to the report by Ken Research titled "Indonesia Logistics and Warehousing Market by Sector (Freight Forwarding, Warehousing, VAS), by Domestic and International Services - Outlook to 2021", a noteworthy CAGR of 7.9% in revenue in Indonesia Logistics Market is expected in next 5 years till 2021. Freight Forwarding is expected to be the fastest growing segment in future with an expected CAGR of 9.2% from 2016-2021.
Key Topics Covered in the Report:
- Indonesia Logistics Market
- Competitive Landscape of Major Players in Indonesia Logistics Market
- PT. Yusen Logistics
- CEVA Logistics
- Agility Logistics
- Trans Pratama Logistics
- JNE
- DHL
- FedEx
- Keppel Logistic
- TNT Express
- Maersk Line
- PT. Wahana Cold Storage
- PT. Mega International Sejahtera
- PT. POS Indonesia
- Indonesia Logistics Market Future Outlook and Projections
- Indonesia Freight Forwarding Market
- By Freight Movement (Road Freight, Air Freight, Sea Freight and Rail Freight)
- By International and Domestic Freight Forwarding
- By Major Flow Corridors (Asian Countries, North American Countries, European Countries and ROW)
- By Industries (Manufacturing, Automotive, Retail, Food and Beverages and Others)
- By Type of Delivery (Normal and Express Delivery)
- Competition Scenario in Indonesia Freight Forwarding Market
- Indonesia Freight Forwarding Market Future Outlook and Projections
- Indonesia Express Logistics Market
- Competition Scenario in Indonesia Express Logistics Market
- Indonesia Express Logistics Market Future Outlook and Projections
- Indonesia Third Party Logistics Market
- Indonesia 3PL Market Future Outlook and Projections
- Indonesia Warehousing Market
- By Business Model (Industrial and Retail, Container Freight and Cold Storage)
- By Geography (Jakarta, Surabaya, Bali and Others)
- Competition Scenario in Indonesia Warehousing Market
- Indonesia Warehousing Market Future Outlook and Projections
- Indonesia Cold Chain Market
- By Cold Storage and Cold Transport
- By Products (Meat and Seafood, Vaccines and Other Pharma Products, Bakery and Confectionary, Fruits and Vegetables and Others)
- Competition Scenario in Indonesia Cold Chain Market
- Indonesia Cold Chain Market Future Outlook and Projections
For more information on the research report, refer to below link:
Related Reports by Ken Research
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SOURCE Ken Research
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