Ken Research - Logistics Growth Indonesia

Indonesia Logistics Market is Expected to Reach USD 240 Billion by 2021: Ken Research    Indonesia Logistics market revenue will elevate in future owing to growing e- commerce in the country on account of high internet penetration and increasing number of players in the country. Indonesia Logistics market is majorly driven by high demand for cold transport and cold storage for products such as pharmaceuticals. Indonesian government is investing in the infrastructure has positively influenced market growth. The e-commerce industry has been growing in Indonesia in past few years and this trend is expected to continue in future. This has led to high demand of the logistics services impacting the logistics industry in a positive manner. This has also accelerated the market size of express delivery as all the companies in e-commerce industry in the country are also offering the express delivery services other than the normal delivery. Majority of the companies in the country has tie ups with logistic companies to ship their products from warehouses to the end customers. Indonesia is now one of the largest internet users in the world. Key e-commerce platforms include Mataharimall, Bhinneka, Kaskus, Blibli, Bukalapak, Tokopedia, OLX, Lazada, Zalora, Berybenka, Elevenia and others. Key logistics and distribution operators in the e-commerce market include PT Tiki Jalur Nugraha Ekakurir (JNE), PT. POS Indonesia, PT. TIKI, PT. NEX Logistics, DHL and FEDEX. The pharmaceutical market in Indonesia has almost doubled from 2008 to 2015 and is anticipated to increase further owing to the Indonesian government’s economic and healthcare initiatives. The expanding pharmaceutical industry will trigger the demand for