Indonesia Freight And Logistics Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

Indonesia Freight And Logistics Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028) The Indonesia Freight And Logistics Market size is estimated at USD 112.18 billion in 2023, and is expected to reach USD 150.54 billion by 2028, growing at a CAGR of 5.26% during the forecast period (2023-2028). Key Highlights Road is the Fastest-growing Mode Of Transports in the Indonesia Freight And Logistics Market. Road transport is the fastest-growing segment in Indonesia. The government is investing in many road infrastructure projects, which are expected to facilitate the segment's growth. Domestic is the largest destination type for the Indonesia Freight And Logistics Market. 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 62.3% in 2022. The growth rate of Wholesale and Retail Trade segment indicates that it is the largest End User Industries. The e-commerce sector boosts wholesale and retail trade and the Indonesian is one of the largest e-commerce sectors in the ASEAN region, with a value of USD 47.54 billion in 2022. Among all the Temperature Controls, Non-Temperature Controlled is the largest contributor to the Indonesia Freight And Logistics Market. 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). The Fastest-growing temperature control for the Indonesia Freight And Logistics Market is Temperature Controlled. 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.Transportation sector recording a steady growth in Indonesia In 2021, the transport and storage industry accounted for 5.09% of Indonesia's GDP. The sector officially employs 5-6 million people across the country, accounting for about 4% of Indonesia's formal labor market (60% of these transport jobs are in Java). Road transport accounted for 44% of the transport sector's GDP contribution, whereas rail accounted for only 1.4%. Indonesia's rail freight sector is historically dominated by coal transport, accounting for about two-thirds of the volume, mainly from Southern Sumatra. The transportation and storage sector in Indonesia is crucial for facilitating the movement of goods, people, and services across the vast archipelago, contributing significantly to the country's economy. In the second quarter of 2022, the transportation and warehousing industry experienced a notable growth rate of 21.27% compared to the same quarter in 2021. Additionally, the first quarter of 2022 saw a positive growth rate of 15.79% in the sector, to enhance the transport and storage industry and support the development of the new Indonesian capital city, the government allocated approximately USD 19.27 million for road infrastructure projects in the Sepaku sub-district, Penajam Paser Utara district, and East Kalimantan. Indonesia plans to invest around USD 240 billion in infrastructure between 2022 and 2024, a 20% increase over the USD 359.2 billion invested between 2015 and 2019. However, the country's infrastructural development is concentrated in the transportation sector, with road, rail, and port infrastructure projects accounting for 29%, 22%, and 23% of the total value of infrastructure projects in the planning and construction phases, respectively.Indonesia Freight And Logistics Industry Overview The Indonesia Freight And Logistics Market is fragmented, with the top five companies occupying 1.90%. The major players in this market are Agility Public Warehousing Company K.S.C.P., PT Lautan Luas TBK, PT Pandu Siwi Group (Pandu Logistics), PT Repex Wahana (RPX) and PT Samudera Indonesia TBK (sorted alphabetically).Additional Benefits: The market estimate (ME) sheet in Excel format 3 months of analyst support