Indonesia Logistics Market is Expected to Reach USD 240 Billion by 2021: Ken Research

• Indonesia Logistics market revenue will elevate in future owing to growing e-commerce in the country on account of high internet penetration and increasing number of players in the country.
• Indonesia Logistics market is majorly driven by high demand for cold transport and cold storage for products such as pharmaceuticals.
• Indonesian government is investing in the infrastructure has positively influenced market growth.

The e-commerce industry has been growing in Indonesia in past few years and this trend is expected to continue in future. This has led to high demand of the logistics services impacting the logistics industry in a positive manner. This has also accelerated the market size of express delivery as all the companies in e-commerce industry in the country are also offering the express delivery services other than the normal delivery. Majority of the companies in the country has tie ups with logistic companies to ship their products from warehouses to the end customers. Indonesia is now one of the largest internet users in the world. Key e-commerce platforms include Mataharimall, Bhinneka, Kaskus, Blibli, Bukalapak, Tokopedia, OLX, Lazada, Zalora, Berybenka, Elevenia and others. Key logistics and distribution operators in the e-commerce market include PT Tiki Jalur Nugraha Ekakurir (JNE), PT. POS Indonesia, PT. TIKI, PT. NEX Logistics, DHL and FEDEX.

The pharmaceutical market in Indonesia has almost doubled from 2008 to 2015 and is anticipated to increase further owing to the Indonesian government’s economic and healthcare initiatives. The expanding pharmaceutical industry will trigger the demand for cold transport and cold storage markets further impacting the logistics market of the country in a positive manner. Indonesia’s pharmaceutical sector will rise in future by the establishment of a universal healthcare scheme known as the Jaminan Kesehatan Nasional. Expanding pharmaceutical industry has increased the demand for logistics & warehousing services in the country, especially cold chain logistics as majority of the drugs and vaccines required controlled temperature for storing and transportation purpose.

The government of Indonesia has planned for construction of new roads, new airports, new seaports, railway network expansion and the improvement of public transportation in various cities. The government under President Joko Widodo has issued many logistics policies packages since November 2016 with an aim of reducing the logistics cost. The improvement in infrastructure of the country coupled with development in logistics sector has made a positive impact on the market.
Increasing number of transportation enterprises, huge air freight, increasing packaged food sales and improving services of the companies are some other key factors that may have positive impact on the market creating additional and replacement demand in the future according to the Analyst at Ken Research.

Ken Research in its latest study, Indonesia Logistics and Warehousing Market by Sector (Freight Forwarding, Warehousing, VAS), by Domestic and International Services – Outlook to 2021, suggests that freight forwarding services will continue to dominate in Indonesia owing to increase in demand for transportation of goods from one place to another, rise in the E-commerce industry, retail industry, manufacturing and other industries and improving trade scenario of the country. Fully equipped warehouses for industrial and retail purposes will drive the future growth of the warehousing market in the country.

Indonesia logistics market is estimated to register a positive CAGR of 7.9% during 2016-2021. Improving industrial activities and rising trade value are expected to be key drivers for spiked demand in Indonesia logistics market. The imports of the country is expected to incline from USD 137.5 billion in 2016 to USD 145.1 billion in 2021 whereas the exports are anticipated to increase from USD 144.5 billion in 2016 to USD 154.6 billion in 2021.

The report provides information on Indonesia logistics market (by revenue), market segments (by service mix, by delivery, and by industries), logistics infrastructure in Indonesia logistics market, Indonesia Freight Forwarding market, market size (by revenue), market segments (by freight mode, by domestic & international freights, by major flow corridors), competitive scenario and future outlook, Indonesia Express logistics market , market size (by revenue), market segments (by air and ground express, By B2B, B2C, C2C segments and international and domestic express logistics), competitive scenario and future outlook, Indonesia Third Party Logistics Market, market size (by revenue), competitive scenario and future outlook, Indonesia Warehousing Market, market size (by revenue), market segments (by geographical distribution, by sector, and by warehouse area), competitive scenario and future outlook, Indonesia Cold Chain Market, market size (by revenue), market segments (by cold storage and cold transportation segment, by product type segments, by B2B and B2C segments and by delivery type segment), competitive scenario and future outlook. The report also covers growth drivers, issues and challenges, industrial norms macroeconomic factors affecting the market and covering major companies including PT. Yusen Logistics, Ceva Logistics,Agility Logistics, Trans Pratama Logistics, JNE, DHL, FedEx, Keppel Logistics, TNT Express, Maersk line, PT. Wahana Cold Storage and Pt. Mega International Sejahtera.

For more information on the publication, refer to below link:
https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/indonesia-logistics-warehousing-market/142316-100.html

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