Exploring Small and Medium Businesses in Indonesia

The Indonesian economy is one of the fastest growing economies in the world and this is evident from the increase in b2b business space Indonesia shares with the world. Apart from the big business houses, the real contributors towards the economic growth are the middle and small sized enterprises belonging to different industries.

To learn about different business opportunity sectors of Indonesia, there is no better place than a b2b business directory, where these businesses open their doors for the world. Considering the popularity and growth rate of businesses, here is a list of the top 10 business sectors of Indonesia.

Foods and Beverages

The foods and beverage industry of Indonesia has gained popularity in the past 3-4 years, mainly due to the changing lifestyle and eating habits of the people. Most of the segments have recorded an increase in revenue from 2005 to 2009, the alcohol segment being on the top. A growth rate of 7.5 percent is expected between 2009 and 2013 to make it a 330 billion dollar industry by 2013.

IT Industry

The information technology business sector of Indonesia is expected to increase by 14.1 percent from 2009 to 2010. The expert analysis predicts the industry to become 67 billion dollar industry in 2010 and to increase by 11 percent by the year 2013. IT services, software as well as hardware segments are making great contributions towards the growth rate of IT industry as a b2b business.

Health Industry

Due to a huge different in the healthcare costs in Indonesia and the western countries, the health industry of the country is experiencing a growth in terms of business. The analysis shows that the current 35 billion dollar industry is going to touch the figure of 75 billion dollars in 2012 and 150 billion dollar by the year 2017.

Telecom Industry

The growth of telecommunication business in Indonesia can be easily termed as a revolution. The rise of 3G services and mobile telephony has also contributed significantly towards the growth rate in the sector.

Textile Industry

Textile industry of Indonesia is a globally reputed b2b business sector. The total textile exports from Indonesia contribute towards 27 percent of the total foreign exchange. Cotton, silk, jute, woolen, readymade and hand-crafted textiles are the main segments one can find in a global Indonesian b2b business directory.

Auto Industry

The Indonesian auto component industry has been growing with a consistent growth rate of about 20 percent since 2000 and the rate is expected to remain consistent till 2015. Engine parts, drive transmission ad steering parts, suspension and braking parts and electrical parts are main contributors towards the growth of this global b2b business sector.

Construction Industry

Accounting towards 11 percent of Indonesia’s total GDP, the construction industry is an exporter of various raw materials to the world. China is the biggest consumer of steel exported by Indonesia. The cement industry is a significant contributor in this category.

Handicrafts

Indonesian handicrafts enjoy a great demand in the foreign markets like those of USA, UK and Australia. Wooden handicrafts, jewelry, hand printed textiles and crocheted goods are some of the main segments that bring foreign exchange of the worth of 3 billion dollar to the country.

Energy

Both non-renewable and renewable energy sources have contributed towards the growth rate of energy sector of Indonesia. Natural gas, LPG and solar energy are the segments that have been consistently growing.

Banking and Insurance

Investment banking, credit cards, mortgage and insurance products are the segments that contribute towards the growth of banking and insurance sector of Indonesia. The number of debit cards increased by 40 percent from 2006 and 2009.

To find the companies showing growth in the above-mentioned business sectors, you can refer to a b2b business directory. Apart from them, there are many other industrial sectors growing in the domestic as well as global markets.

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