Indonesia Catering business
profitability, vendor selection parameters, value chain analysis, market
ecosystem and market segmentations by sector (Hospitality Catering Sector,
In-Flight Catering, Manufacturing/Oil& Gas/Mining Catering Sector,
Educational Catering, Healthcare Catering and Railway Catering) and hospitality
catering sector segmentation by type of entity (5 Star, 4 star, 3 Star and
Wedding & Event Halls) Case studies of major players including industrial catering
companies (PT. Patra Supplies And Services, PT. Prasmanindo Boga Utama, PSU
Payasirya, Indocater, CAS Food), pure play/event caterers (Akasya Catering,
Culture royale catering, Puspa Catering Services, Bali Catering Company,
Aerofood), wedding /event halls (Sasana Kriya, Ballroom Pertamina Pusat,
gedungdhanapala, Thamrin Nine Ballroom, Sampoerna Strategic Square, Balai
Samudera), 5 star hotels (Alila Jakarta, AYANA Resort and Spa, Bali, Conrad
Bali, Hilton Bali, The Mulia, The Royal Santrian, Bulgari Resort bal), 4 star
hotels (Hard Rock Hotel Bali, Swiss-Belhotel Mangga Besar, The Bali Khama a
Beach Resort And Spa, Four Points by Sheraton Bali, Kuta, Novotel Jakarta Gajah
Mada, Holiday In Jakarta, J4 Legion Bali, Novotel Bali Ngurah Rai Airport,
White Rose Kuta Resort, Fontana Bali, Swiss-Belresort Watu Jimbar) and 3 star
hotels (Holiday inn express Jakarta, Melasti Beach Resort & Spa, All
seasons Hotel Jakarta)
Ken Research in its latest study, “Indonesia Catering Market Outlook to 2022 - by Hotel and Wedding Halls
Catering, In-Flight Catering, Industrial Catering, Educational Catering,
Healthcare Catering, Railway Catering” suggests that the demand
for catering services in Indonesia would continue to grow owning to expansion
in caterers’ service portfolios, expansion in the number of hotels facilitating
more number of event halls, increase in the number of air passengers, rising
number of MICE events being held in the country, higher number of destination
weddings being organized in Bali & Jakarta, rising demand for catering
services by labour camps in factories, off-shore mining sites and oil & gas
sites, increase in the number of in-patients in private hospitals &
healthcare centres and more number of educational institutes hiring private
caterers.
Hotels
& Wedding Halls have accounted for majority of the revenue share of the overall
Catering Market in Indonesia in 2017. Major players include Ayana Resort and
Spa, Alila Jakarta, Conrad Bali, The Mulia, The Royal Santrian and others. A
total of over 1,300 Hotels & Wedding Halls operated in the country in 2017.
Number of MICE Events and Travellers has surged rapidly during second half of
the review period. MICE events increased from 11,377 in 2015 to 17,304 in 2017.
These along with rising number of wedding tourists for destination weddings from
European countries especially United Kingdom and Australia have augmented the
revenue generated by hospitality catering market. CAS Food & Aerofood ACS
have been the largest players in terms of revenue generated and number of meals
served in aviation, industrial and healthcare segment.
Indonesia Catering Market growth will
be facilitated by the increase in the number of wedding/event halls,
construction of new hotels with more number of ballrooms and meeting rooms,
expected increase in the number of foreign tourists, rise in the number of healthcare
centres with more number of in-patients and expanding industrial units
demanding catering services. Massive investment in construction of new hotel
projects especially centred in West Bali (Kuta, Tuban, Legian, Seminyak,
Canggu, Tanah Lot and Tabanan) in accordance with good economic movement,
business service, trading, and tourism would thrust the market forward. Central
Bali is expected to witness an increase in hotel inventory by 24% by 2020. The
country is an attractive destination for investment because it has a large
market, stability, relatively low labor costs and cheap availability of raw
materials. The construction of hotel project would be supported by purpose of
the government to target 20 million tourists in 2020, and for successful hosting
of Asian Games 2018 which will be held in Jakarta and Palembang. Indonesian
government is taking up various initiatives to increase the number of
international tourists in the country. For instance, aggressively increasing
direct flights to China, waiving off visas requirement for tourists from 169
nations, increased marketing promotions on destinations, further relaxed
foreign ownership rules in tourism-related assets, streamlining various new
airports construction projects and others. All of the abovementioned parameters
would facilitate catering demand in the country.
Huge expansion in catering demand
would be witnessed due to the rising number of destination weddings and MICE
events being hosted in the country. Bali has been famous place for hosting
lavish destination weddings in European and APAC inhabitants, during the review
period. This trend would continue to hold, attracting wedding tourism from
throughout the world. This would enable pure play caterers, wedding & event
halls and star-hotels to gain substantially in monetary terms in the future. Improved
rank of the country in ICCA Ranking Asia Pacific to eighth position in 2019
with anticipated 150 MICE events activities would also facilitate more
companies to choose Indonesia over Malaysia and Thailand for organizing
multi-scale corporate events. Introduction of new menu variety, Meal Ordering
Device (MOD), better packages would also increase demand for catering services
by the customers.
Key
Topics Covered in the Report:-
Indonesia Catering Services
Revenue
Catering Order book
Indonesia
Indonesia Catering Industry
Size
Indonesia Catering Market
Indonesia Catering Industry
Segmentation
Indonesia Industrial
Catering Market
Indonesia In Flight
Catering Market
Indonesia Food Catering
Market
Indonesia Catering Market
by Sectors
Indonesia Railway Catering
Indonesia Airline Catering
Market
Indonesia In-Flight
Catering
Destination Weddings Catering
Indonesia
Mice Event Catering
Indonesia
Wedding Catering Indonesia
Event Catering Indonesia
Oil & Gas Catering
Indonesia
Hospital Catering
Indonesia
Healthcare Catering
Indonesia
Educational Catering
Indonesia
Indonesia Catering Revenue
Forecast
Indonesia Catering Future
Growth
Indonesia Catering Sector
Ecosystem
Indonesia Catering Sector
Value Chain
Indonesia Catering Industry
Entities
5 Star Hotel Catering
Indonesia
4 Star Hotel Catering
Indonesia
3 Star Hotel Catering
Indonesia
Event Hall Catering
Indonesia
Wedding Hall Event
Catering Indonesia
Indonesia Catering Industry
Stage
Indonesia Catering Business
Profitability
For more information on the research report, refer to below
link:
Related Reports by Ken Research:
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in number of players with large players catering to big and luxurious clients
while small players providing lunch box services to the corporate with variety
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Contact
Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249