The market is dominated by domestic suppliers, as imports account for 40.9% of total market size in 2021. B2B drives market demand, with B2B spending representing 57.6% of total demand in 2021. Indonesia has the fifth largest market size for lifting and handling equipment regionally, with demand reaching USD4.0 billion in 2021. Fujitec Indonesia Pt is the largest company in Indonesia, generating 3.4% of the industry’s total production value in 2021. The industry is fragmented, with the top four companies generating 6.9% of total production value in 2021. The total number of companies increases in 2021, to 20 units. The costs of the industry increase by 9.7% in 2021, largely driven by rising B2B costs. The industry’s profitability increases and stands at 5.0% of production value in 2021, the 18th highest regionally. With production value of USD1.9 billion, Indonesia accounts for 1.7% of the Asia Pacific total in 2021.
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This Euromonitor industrial report provides unique information on Lifting and Handling Equipment in Indonesia: ISIC 2915. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Lifting and Handling Equipment in Indonesia: ISIC 2915 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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