History steady growth alongside a positive future forecast provides Indonesia’s logistics Market increasing confidence & interest of stakeholders, says a report by Ken Research
1. “Infrastructure to be the backbone of market growth:” Indonesia’s Infrastructural development is aimed at helping the country develop economic momentum & to bring about improvement in logistics sector.
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Indonesia’s Logistics Market is poised to witness a decent growth as a result of infrastructural development. Government has put in place various measures to enable a growth promoting environment all over the country. Projects such as ‘mass rapid transit in Jakarta’ will have a positive impact on freight forwarding business in the country. Furthermore, presence of SEZ- Morotal SEZ & Mandalika SEZ in major parts of the country will also serve as the backbone of the country’s logistics market.
2. “Government to give a growth trajectory:” The government of Indonesia is aiming to establish it as a Logistics Hub by developing SEZs, Logistics Corridor Development Strategy and National Transport Master Plan.
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Indonesia’s government is focused on providing the growth trajectory to the Logistics Market. Policies such as ‘National Logistics System’ which was launched in 2020 as an integrated platform responsible for connecting and harmonizing the flow of end-to-end logistics process in the country. Other such projects include, ‘Development Policy Loan Project’ whose aim is to reduce the costs & improve the reliability of the logistics chain in Indonesia. Furthermore, the Government drafted an infrastructure budget of US$ 400M for 2020-2024 period, out of which 60% of the spending will go toward transportation-related infrastructure. All in all, government schemes & spending has resulted in an enhanced infrastructural development of Indonesia’s Logistics Market.
Major Players Mentioned in the Report:
Indonesia Freight Forwarding Market
DHLJASDSVAgilityLotte Global LogisticsBollore LogisticsLinfoxCargoPancaran GroupSamudera ShippingHiba GroupIronbird LogisticsKargoBGRIndonesia Warehousing Market
BGRTollSupraIronbirdPunnar LogisitcsLincIndonesia CEP Market
JNEJ&T ExpressPOSNinja ExpressPaxelKey Target Audience – Organizations and Entities Who Can Benefit by
Subscribing This Report:
E-commerce CompaniesThird-Party Logistic ProvidersPotential Market EntrantsFreight Forwarding CompaniesWarehousing CompaniesCold Storage CompaniesIndustry AssociationsConsulting AgenciesGovernment Bodies & Regulating AuthoritiesTime Period Captured in the Report:
Historical Period: 2017-2021Base Year: 2021Forecast Period: 2021-2027For more insights on market intelligence, refer to below link:
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