Posted 10/2/2023, 4:15:00 AM
Indonesia's Freight Logistics Market Poised for Major Growth Despite Challenges
- Indonesia freight logistics market size expected to grow by USD 28.7 billion from 2022 to 2027 at a CAGR of 9.45%
- Growing export-import activities driving market growth due to increase in raw materials, capital goods, and commodity prices
- E-commerce industry growth boosting demand for freight logistics
- High infrastructure costs a significant challenge restricting market growth
- Transportation segment to see significant market share growth