Travel & Tourism in Indonesia
Summary
Travel & Tourism in Indonesia industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Travel & tourism industry is segmented into passenger airlines, passenger rail, foodservice, hotels & motels, and travel intermediaries.
- The Indonesian travel & tourism industry recorded revenues of $52.9 billion in 2023, representing a compound annual growth rate (CAGR) of 6.0% between 2018 and 2023.
- The travel intermediaries segment accounted for the industry's largest proportion in 2023, with total revenues of $24.8 billion, equivalent to 46.9% of the industry's overall value.
- Increasing capital investment in the travel & tourism industry is a key driver of growth, particularly in sectors such as airlines, railways, foodservice, and accommodation. Investors are channelling more funds into expanding travel infrastructure to meet rising demand. According to the World Bank, the capital investment in travel and tourism in Indonesia reached $22.7 billion in 2023, reflecting a 11.0% increase from 2022.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the travel & tourism market in Indonesia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the travel & tourism market in Indonesia
- Leading company profiles reveal details of key travel & tourism market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Indonesia travel & tourism market with five year forecasts by both value and volume
- What was the size of the Indonesia travel & tourism market by value in 2023?
- What will be the size of the Indonesia travel & tourism market in 2028?
- What factors are affecting the strength of competition in the Indonesia travel & tourism market?
- How has the market performed over the last five years?
- Who are the top competitors in Indonesia's travel & tourism market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What are the strengths and strategies of the leading players?
- 7.3. What are the recent developments in the industry?
- 8 Company Profiles
- 8.1. PT Panorama Sentrawisata Tbk
- 8.2. PT Fast Food Indonesia Tbk
- 8.3. Accor SA
- 8.4. PT Garuda Indonesia (Persero) Tbk
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Indonesia travel & tourism industry value: $ million, 2018-23
- Table 2: Indonesia travel & tourism industry category segmentation: % share, by value, 2018-23
- Table 3: Indonesia travel & tourism industry category segmentation: $ million, 2018-23
- Table 4: Indonesia travel & tourism industry geography segmentation: $ million, 2023
- Table 5: Indonesia travel & tourism industry value forecast: $ million, 2023-28
- Table 6: PT Panorama Sentrawisata Tbk: Key Facts
- Table 7: PT Panorama Sentrawisata Tbk: Annual Financial Ratios
- Table 8: PT Panorama Sentrawisata Tbk: Key Employees
- Table 9: PT Fast Food Indonesia Tbk: Key Facts
- Table 10: PT Fast Food Indonesia Tbk: Annual Financial Ratios
- Table 11: PT Fast Food Indonesia Tbk: Key Employees
- Table 12: Accor SA: Key Facts
- Table 13: Accor SA: Annual Financial Ratios
- Table 14: Accor SA: Key Employees
- Table 15: Accor SA: Key Employees Continued
- Table 16: PT Garuda Indonesia (Persero) Tbk: Key Facts
- Table 17: PT Garuda Indonesia (Persero) Tbk: Annual Financial Ratios
- Table 18: PT Garuda Indonesia (Persero) Tbk: Key Employees
- Table 19: Indonesia Size of Population (million), 2019-23
- Table 20: Indonesia Real GDP (Constant 2010 Prices, $ Billion), 2019-23
- Table 21: Indonesia GDP (Current Prices, $ Billion), 2019-23
- Table 22: Indonesia Inflation, 2019-23
- Table 23: Indonesia Consumer Price Index (Absolute), 2019-23
- Table 24: Indonesia Exchange Rate, 2018-23
- List of Figures
- Figure 1: Indonesia travel & tourism industry value: $ million, 2018-23
- Figure 2: Indonesia travel & tourism industry category segmentation: $ million, 2018-23
- Figure 3: Indonesia travel & tourism industry geography segmentation: % share, by value, 2023
- Figure 4: Indonesia travel & tourism industry value forecast: $ million, 2023-28
- Figure 5: Forces driving competition in the travel & tourism industry in Indonesia, 2023
- Figure 6: Drivers of buyer power in the travel & tourism industry in Indonesia, 2023
- Figure 7: Drivers of supplier power in the travel & tourism industry in Indonesia, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the travel & tourism industry in Indonesia, 2023
- Figure 9: Factors influencing the threat of substitutes in the travel & tourism industry in Indonesia, 2023
- Figure 10: Drivers of degree of rivalry in the travel & tourism industry in Indonesia, 2023
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook