Market Research Reports - Ken Research 3PL Companies in Indonesia, Damco Market Share

Indonesian logistics Market Research Report to 2021: Ken Research
How Logistics Market is positioned in Indonesia?
Indonesian logistics industry is defined as an industry which, by function or business segment, is
related to cargo transportation, storage, and off-loading, packaging and related activities. The
Indonesian logistics market has been continuously growing. In recent years, the market shares
of first-party logistics and second-party logistics have been declining, whereas that of third-
party logistics has been growing at a tremendous rate in the country. Indonesia logistics
industry has shown a remarkable growth in past five years recording a CAGR of ~% owing to the
country strongly investing in upgrading its transportation services and being open to
collaboration. The freight forwarding sector is the leading segment towards the revenues of
the logistics industry. The logistics industry encompasses with several components such as
Freight, warehousing, and value added services in Indonesia.
Indonesia logistics industry has shown a tremendous growth in past five years recording a
CAGR of ~%. The market grew from USD ~ billion in 2011 to USD ~ billion in 2016. This growth
occurred due to the country strongly investing in upgrading its transportation services, being
open to collaboration, investments in infrastructure, various developments made by
companies, government issuing ~ logistics policies packages, rise in logistics center and elevated
e-commerce industry. It was observed that ~% of the country’s GDP is spent on logistics. Freight
forwarding segment has dominated the Logistics industry in Indonesia and has grown at a five
year CAGR of ~% during the period 2011-2016. Value Added service has shown an incline of ~%
during 2011-2016. Indonesia logistics industry has number of leading players in the organized
market such as DHL, Agility Logistics, Ceva Logistics, Keppel Logistics, Yusen Logistics and
others.
Freight forwarding segment has dominated the Logistics industry in Indonesia and has grown at
a five year CAGR of ~% during the period 2011-2016. This is due to the increase in demand for
transportation of goods from one place to another. The increase in the export and import value
has positively impacted the freight forwarding industry in the country. The freight forwarding
industry has witnessed the surfacing of a number of players, both domestic as well as global in
recent years. Currently, there are approximately ~ freight forwarders and 8 freight
consolidators in the country. The leading players in the industry are DHL, CEVA Logistics, Yusen
Logistics, Agility Logistics and others.
How Freight forwarding Market of Indonesia is performing?
Indonesia freight forwarding market was majorly dominated by road freight in terms of
revenues and is growing at a CAGR of ~% during 2011-2016. The freight forwarding market size
has increased with the boost in air freight and sea freight, the development of transportation