Generating a revenue of USD 87 Bn in 2027 via improving trade relations, Indonesia's Freight Forwarding market provides a strong hand for the country's Logistics Market: Ken Research

A strong ecosystem alongside an improving export-import scenario are two of the major factors responsible for the growth of Indonesia's Freight Forwarding market, says a report by Ken Research

1. With trade surplus of $35.34 Bn, Indonesia's Export-Import scenario is a decent fit for its Logistics Market.

The growing export-import activities are the key factor driving the freight logistics market growth in Indonesia. As a result of higher oil prices, rising industry demand, and businesses expanding operations, imports increased by 30.85% (YOY) to USD 21.97 billion in March 2022, driven mostly by a rise in raw materials and capital goods. In November 2021, exports reached a record high of USD 22.84 Bn, while imports reached a record high of USD 21.35 Bn.
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Rising global commodity prices are expected to have a positive impact on Indonesia's trade during the forecast period, as rising prices of export commodities such as coal and CPO outweigh rising costs of imports, especially crude oil. As of March 2022, China remains Indonesia's largest export destination, with non-oil and gas exports worth her USD 5.48 billion. Therefore, increasing import and export activities in the country will increase the demand for supply chain and logistics improvements, driving the growth of the Indonesian freight logistics market during the forecast period.

2. "Technology to the Rescue:" Efficient Freight Matching, Better Profitability, Smarter Operations and Greater Service Quality are some of the benefits of Digital Freight Aggregator Platforms.

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Technology options such as Efficient Freight Matching, better profitability, smarter operations & greater service quality serve as a major benefit for Indonesia's Logistics market. A major benefit of Digital Truck Aggregator Platforms is that they have a large Shipper and Trucker Base and offer services such as Freight Listing, Freight Brokerage and Online Transactions to earn revenue. Furthermore, digital Truck aggregator platforms are reshaping the trucking industry in Indonesia by increasing operational efficiency, reducing costs & increasing profitability.

Major Players Mentioned in the Report:

Indonesia Freight Forwarding Market

DHL
JAS
DSV
Agility
Lotte Global Logistics
Bollore Logistics
Linfox
Cargo
Pancaran Group
Samudera Shipping
Hiba Group
Ironbird Logistics
Kargo
BGR

Indonesia Warehousing Market

BGR
Toll
Supra
Ironbird
Punnar Logisitcs
Linc

Indonesia CEP Market

JNE
J&T Express
POS
Ninja Express
Paxel

Key Target Audience - Organizations and Entities Who Can Benefit by Subscribing This Report:

E-commerce Companies
Third-Party Logistic Providers
Potential Market Entrants
Freight Forwarding Companies
Warehousing Companies
Cold Storage Companies
Industry Associations
Consulting Agencies
Government Bodies & Regulating Authorities

Time Period Captured in the Report:

Historical Period: 2017-2021
Base Year: 2021
Forecast Period: 2021-2027

For more insights on the market intelligence, refer to below link:-
https://www.kenresearch.com/industry-reports/indonesia-logistics-market

Related Reports By Ken Research:

https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/usa-logistics-industry-outlook-to-2026/596047-100.html

https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/australia-logistics-market-outlook-to-2025/427141-100.html

India

Ken Research is a Market Research and Consulting Firm, based out of India, Indonesia and UAE. Since 2011, we have been assisting clients globally with our Syndicate and Bespoke Market Research and Advisory Services.

This release was published on openPR.