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Renting of Land Transport Equipment in Indonesia: ISIC 7111

Indonesia land transport equipment rental market reported profit margins of 31% in 2012


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2014-04-01 09:20:04 - Renting of Land Transport Equipment in Indonesia: ISIC 7111 - a new market research report on companiesandmarkets.com

38% jump in market sales from 2007; slow-down in growth tempo over 2011-2012. Businesses and foreigners are major client groups; Indonesians slow to adopt car rental services. 7% of local demand served by foreign companies; imports amount to Rp443.2 billion in 2012.

Profit margin up to 31% of turnover; labour costs account for only 3% of industry´s total expenditure. 6% annual growth in local vehicle renters´ turnover projected to 2018; corporate car rental service providers will perform most successfully.

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