Growing export-import activities and growth in the manufacturing sector to Impact Indonesia Freight Logistics Market for the forecast period 2023-2027 | Technavio
The Indonesia Freight Logistics Market is likely to experience steady growth because of growing export-import activities followed by steady growth in the manufacturing sector. Rising at a CAGR of 9.45%, the market is estimated to have an incremental growth of USD 28.7 Bn from 2023 to 2027.
Indonesia Freight Logistics Market Analysis at a Glance
As per a Technavio analyst: the “Quote” reason is expected to boost the growth of the freight logistics market in Indonesia
High infrastructure costs and Weak transportation infrastructure are expected to hinder the growth of the market. However, the growing E-commerce industry and growing popularity of multimodal transportation will have a positive impact on the freight logistics market in Indonesia during the forecast period.
Some of the leading companies worth mentioning are Deutsche Post AG, Dimerco Express Corp., DSV AS, PT. Cipta Mapan Logistik,Pancaran Group,POS Indonesia,PT Bhanda Ghara Reksa,PT CIPTA KRIDA BAHARI,PT CLI and Traffic Monitoring,PT. Dunia Express Transindo,PT. Kamadjaja Logistics,PT. Multimodatrans Indonesia,PT. Siba Surya, etc.
Technavio's report includes qualitative and quantitative analyses of core companies with a wider understanding of the business ecosystem as well as the strengths and weaknesses of key market players Request for a sample report for more insights.
Technavio’s analysis of the freight logistics market in Indonesia also includes:
