Indonesia Freight And Logistics Market -Size, Share, COVID-19 Impact, Forecast upto 2028

Indonesia Freight And Logistics Market -Size, Share, COVID-19 Impact, Forecast upto 2028

The Indonesia Freight And Logistics Market is projected to register a CAGR of 6.67%

• Road is the Fastest-growing Mode Of Transport : Road transport is the fastest-growing segment among transportation modes in Indonesia. The government is also investing in many road infrastructure projects to facilitate the segment's growth.
• Domestic is the Largest Destination Type : The domestic segment is the largest segment by destination type in Indonesia, supported by the wholesale and retail trade end-user segment, which accounted for a share of 39.8% in 2022.
• Wholesale and Retail Trade is the Largest End User : The e-commerce sector boosts wholesale and retail trade and the Indonesian e-commerce sector became the ninth largest in the world, with a value of USD 43 billion in 2021.
• Non-Temperature Controlled is the Largest Temperature Control : The non-controlled warehousing industry in Indonesia has grown due to factors like the growing e-commerce sector and rising demand for express and third-party logistics (3PL).
• Temperature Controlled is the Fastest-growing Temperature Control : The temperature-controlled segment is the fastest-growing in Indonesia, driven by high demand for cold storage services for meat, fish, fruits, vegetables, and ice cream.

• In October 2022, Indonesia's export value reached USD 24.81 billion, registering a growth of 0.13% MoM and 12.30% YoY. Indonesia's import value reached USD 19.13 billion in October 2022, down by 3.40% MoM and up by 17.44% YoY. Indonesia's trade balance reached a surplus of USD 5.67 billion in October 2022, mainly from the non-oil and gas sector of USD 7.66 billion, but was reduced by a deficit of USD 2 billion in the oil and gas sector.
• The increase in exports was driven by superior commodities, such as palm products, mineral fuels, and steel. From January to October 2022, exports reached a value of USD 244.14 billion, registering a growth of 30.97% compared to the same period in 2021. The export performance, which continued to increase, was also supported by demand from trading partner countries, especially India.
• From a sectoral perspective, the mining sector recorded the highest growth of 82.68% YoY, followed by the manufacturing sector, which grew by 20.4% YoY, and the agricultural sector, which grew by 14.17% YoY. The manufacturing sector is the largest contributor to national exports. The government is focused on the various dynamics in the global economy that may disrupt Indonesia's export demand amid the slowdown in the expansion of the manufacturing sector in several major trading partner countries in October 2022. The government encouraged various efforts to diversify exports in terms of markets and products and the utilization of various tax and customs facilities, such as Bonded Zones and Ease of Import for Export Purposes.

The Indonesia Freight And Logistics Market is fragmented, with the top five companies occupying 1.75%. The major players in this market are DB Schenker, PT Cipta Krida Bahari (CKB Logistics), PT Pandu Siwi Group (Pandu Logistics), PT Samudera Indonesia TBK and PT. Repex Wahana (RPX) (sorted alphabetically).

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support