Indonesia Box Truck Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Indonesia Box Truck Market is segmented by type (Refrigerated Box Trucks and Non-Refrigerated Box Trucks), Capacity Type (Light-Duty Box Trucks and Medium and Heavy-Duty Box Trucks), Propulsion (Internal Combustion Engine and Electric), and Application (Industrial, Commercial, and Other Applications). The report covers the market size for Indonesia Box Truck Market in terms of value (USD billion) for all the above segments.

Indonesia Box Truck Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Indonesia Box Truck Market Size

Indonesia Box Truck Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2019 - 2023
CAGR 3.20 %
Market Concentration Medium

Major Players

Indonesia Box Truck Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Indonesia Box Truck Market with other markets in Automotive Industry

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Indonesia Box Truck Market Analysis

The Indonesia Box Truck Market is expected to register a CAGR of 3.2% during the forecast period.

  • The COVID-19 pandemic impacted the market, so box truck sales fell during the pandemic. The preference for self- and individual mobility and social distancing norms drove down public transportation. However, rapid urbanization and the need for mass material movement have improved the market conditions in the post-pandemic period.
  • Over the medium term, growing e-commerce and logistics sectors across the country will likely increase the demand for box trucks for transportation purposes. Factors like increasing regulations on vehicle emissions, advancement in vehicle safety, the introduction of driver-assist systems in vehicles, and rapidly growing logistics in the retail and e-commerce sectors have been significantly driving the demand for new and advanced box trucks during the forecast period.
  • Box trucks are in significant demand for residential applications such as transportation, boxes, furniture, and fragile goods. This is likely to witness substantial growth for the market during the forecast period.
  • With the growing consumer trend toward one-day delivery across the country, the demand for box trucks is also rising. Box trucks often transport packages from one warehouse to another, where the parcels can then be loaded into delivery vans, which is anticipated to enhance the demand for box trucks during the forecast period.

Indonesia Box Truck Industry Overview

Indonesia Box Truck Market is dominated by several key players such as Ford Motor Company, Mitsubishi Fuso Truck and Bus Corporation, Hino Motors Co. Ltd, and Many others. The rising expansion of truck manufacturers across the country will likely witness major market growth during the forecast period. For instance,

In November 2022, Mitsubishi Fuso Truck and Bus Corporation announced that the official FUSO distributor of Indonesia, PT Krama Yudha Tiga Berlian Motors. The company explores its electric vehicle fleets across the country through this announcement.

In March 2022, Hino Motors introduced Hino vehicles with common rail engine standards that are more robust, economical, and environmentally friendly and have complied with Euro4 regulations.

In 2021, Schenker Petrolog Utama (SPU), part of DB Schenker Indonesia, added four double-deck wing box trucks to the existing land transport fleet.

Indonesia Box Truck Market Leaders

  1. Isuzu Motor Co. Ltd

  2. Mitsubishi Fuso Truck and Bus Corporation

  3. Ford Motor Company

  4. IVECO GROUP Company (CNH Industrial NV)

  5. Hino Motors, Ltd.

  6. *Disclaimer: Major Players sorted in no particular order
Indonesia Box Truck Market Concentration
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Indonesia Box Truck Market News

  • In August 2022, REE Automotive introduced P7-B, a class 3 box truck built on a P7 cab chassis. The box truck has a maximum speed of 120kph, a max range of 241km, and up to 2,000kg payload. 
  • In April 2022, Mitsubishi Fuso introduced a new lineup of Euro 4-compliant light-duty truck (2-ton) and mid-duty (4-ton) trucks for Indonesia. 

Indonesia Box Truck Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Drivers
  • 4.2 Market Restraints
  • 4.3 Industry Attractiveness - Porter's Five Force Analysis
    • 4.3.1 Threat of New Entrants
    • 4.3.2 Bargaining Power of Buyers/Consumers
    • 4.3.3 Bargaining Power of Suppliers
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION (Market Size by Value - USD Billion)

  • 5.1 Type
    • 5.1.1 Refrigerated Box Trucks
    • 5.1.2 Non-Refrigerated Box Trucks
  • 5.2 Capacity Type
    • 5.2.1 Light-Duty Box Trucks
    • 5.2.2 Medium and Heavy Duty Box Trucks
  • 5.3 Propulsion
    • 5.3.1 Internal Combustion Engine
    • 5.3.2 Electric
  • 5.4 Application
    • 5.4.1 Industrial
    • 5.4.2 Commercial
    • 5.4.3 Others

6. COMPETITIVE LANDSCAPE

  • 6.1 Vendor Market Share
  • 6.2 Company Profiles*
    • 6.2.1 Hino Motors Ltd
    • 6.2.2 Isuzu Motor Co. Ltd
    • 6.2.3 Mitsubishi Fuso Truck and Bus Corporatio
    • 6.2.4 Ford Motor Company
    • 6.2.5 Iveco Motor Group (CNH Industrial NV)
    • 6.2.6 Mercedes-Benz Group AG
    • 6.2.7 General Motors
    • 6.2.8 Fiat Chrysler Automobiles N.V.

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Indonesia Box Truck Industry Segmentation

A Box truck is a commercial motor vehicle that is designed in such a way that each axle, from the tip of the cab to the rear of the trailer, is connected by a single frame.

Indonesia's box truck market is segmented into type, capacity type, propulsion, and application. Based on the type, the market is segmented into refrigerated box trucks and non-refrigerated box trucks. Based on the capacity type, the market is segmented into light-duty box trucks and medium and heavy-duty box trucks. Based on the propulsion, the market is segmented into internal combustion engines and electric. Based on the application, the market is segmented into industrial, commercial, and others.

For each segment, the market sizing and forecast have been done based on the value (USD billion).

Type Refrigerated Box Trucks
Non-Refrigerated Box Trucks
Capacity Type Light-Duty Box Trucks
Medium and Heavy Duty Box Trucks
Propulsion Internal Combustion Engine
Electric
Application Industrial
Commercial
Others
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Indonesia Box Truck Market Research FAQs

What is the current Indonesia Box Truck Market size?

The Indonesia Box Truck Market is projected to register a CAGR of 3.2% during the forecast period (2025-2030)

Who are the key players in Indonesia Box Truck Market?

Isuzu Motor Co. Ltd, Mitsubishi Fuso Truck and Bus Corporation, Ford Motor Company, IVECO GROUP Company (CNH Industrial NV) and Hino Motors, Ltd. are the major companies operating in the Indonesia Box Truck Market.

What years does this Indonesia Box Truck Market cover?

The report covers the Indonesia Box Truck Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Indonesia Box Truck Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Indonesia Box Truck Industry Report

Statistics for the 2025 Indonesia Box Truck market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Indonesia Box Truck analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.