Indonesia's Logistics Market Revenue Projected to Reach US$300.3 Billion in 2024

Transportation & Logistics

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Dwi Hadya Jayani 02/10/2020 14:28 WIB

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Indonesia Economic Forum, citing a Ken Research report, states that the Indonesian logistics market revenue trend is showing increasing growth until 2024.

Indonesia Logistics Market Revenue Projection 2020-2024

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Indonesia's Logistics Market Revenue Projected to Reach US$300.3 Billion in 2024

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Indonesia Logistics Market Revenue Projection 2020-2024

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Indonesia Economic Forum, citing a Ken Research report, states that Indonesia's logistics market revenue is experiencing increasing growth until 2024. In 2020, Indonesia's logistics revenue reached US$220.9 billion and is projected to reach US$300.3 billion by 2024.

This revenue includes freight transportation, warehousing, and courier, express, and parcel services. It also includes the added value of services and cold chain logistics segments.

Editor : Muhammad Ahsan Ridhoi

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."