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

materials and products which includes activities including freight, storage, packaging and inventory management. Cold Chain Market The Indonesia cold chain market grew at a five year CAGR of ~% from USD ~ billion in 2011 to USD ~ billion in 2016 due to the increasing contribution from the e-commerce industry with rising population opting for online grocery and food delivery, increase in the pharmaceutical industry, elevated agricultural market with rising population for consumption, increased demand of frozen foods and beverages, rise in the franchises in the country and the increased smart phone users and internet penetration. Cold chain market in Indonesia is a concentrated market. PT. Diamond Cold Storage, Maersk Line, Wahana and GAC are the leading companies in the industry. Indonesia cold chain industry is expected to grow at a five year CAGR of ~% during 2016-2021 owing to the nascence and emerging demand due to increasing demand for perishable items including frozen food, pharmaceutical, meat, sea food and dairy products in the country. Third party Logistics Market Third party logistics segment has witnessed a robust growth in past few years in Indonesia. The market is growing at a CAGR of ~% during 2011-2016. The revenues have increased from USD ~ billion in 2011 to USD ~ billion in 2016 due to 3PL outsourcing gaining importance in the country. The leading companies in the segment are CEVA Logistics, Combi Logistics, Mitsui, APL Logistics, Kerry Logistics and others. 3PL market in Indonesia is expected to increase at a five year CAGR of ~% during the period 2016-2021 owing to the increasing focus of manufacturers on their core businesses and sub- contracting the activities where they have less expertise. Future Growth of Indonesia Logistics Industry Indonesia logistics market is expected to increase at a CAGR of ~% during 2016-2021 owing to the country’s plans to turn in a logistics hub. The imports of the country is expected to incline from USD ~ billion in 2016 to USD ~ billion in 2021 whereas the exports are anticipated to increase from USD ~ billion in 2016 to USD ~ billion in 2021. The rising demand of the products online due to e-commerce market is also anticipated to raise the logistics market as with high demand of products, the shipping will increase. New players are expected to enter the market and the existing players are expected to expand their market by increasing their offices owing to the increase in industrial activities in the country. Additionally, the rise of demand of