IMARC Group has recently released a new research study “FMCG Logistics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
What are the growth prospects of the FMCG logistics Industry?
The global FMCG logistics market size reached US$ 1,074.44 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 1,395.18 Billion by 2027, exhibiting a growth rate (CAGR) of 4.20% during 2022-2027.
What is a FMCG logistics?
Fast-moving consumer goods (FMCG) logistics solutions are used to transport daily usable consumer products and resources from one place to another desired destination or storage. They monitor and control the transportation of various products, including materials, equipment, foods, liquid, warehousing inventory, and household items.
These solutions rely on several technologies and third-party or fourth-party logistics (3PL/4PL) to perform diverse value-added functions. They also provide various benefits, such as meeting consumer expectations with a secure flow of goods, offering scalability, and preventive maintenance, enhancing business profitability, and securing product quality during shipping at a reduced cost. As a result, FMCG logistics are extensively adopted in railways, seaways, roadways, and airways as standard transportation mediums.
Impact of COVID-19:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Request and get a sample brochure for free: https://www.imarcgroup.com/fmcg-logistics-market/requestsample
What are the major market drivers in the FMCG Logistics Market ?
The market is primarily driven by the significant expansion of the e-commerce industry. This can be attributed to the rising product purchases from several online distribution channels and increasing internet penetration across the globe.
In addition, the sudden outbreak of the coronavirus (COVID-19) disease and the implementation of the lockdown is augmenting the market growth. Moreover, the implementation of direct-to-consumer (D2C) initiatives by FMCG companies to mitigate the need for mediators is further contributing to market growth.
Besides this, the emergence of advanced technologies in logistics, including the incorporation of machine learning (ML) and the Internet of Things (IoT) robots, is providing a positive thrust to market growth. Furthermore, evolving consumer preferences, changing lifestyles, rising disposable incomes, rapid urbanization, and the growing retail sector are some of the other factors creating a positive market outlook across the globe.
| FMCG Logistics Market Report Scope | |
| Report Coverage | Details |
| Market size value in 2021 | US$ 1,074.44 Billion |
| Market forecast in 2027 | US$ 1,395.18 Billion |
| Growth Rate | CAGR of 4.20% from 2022 to 2027 |
| Base year for estimation | 2021 |
| Historical data | 2016-2021 |
| Forecast period | 2022-2027 |
| Report coverage | Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends |
| Segments covered | Product Type, Service Type And Mode Of Transportation |
| Regional scope | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Key companies profiled | C.H. Robinson Worldwide Inc., CCI Logistics Ltd., CEVA Logistics (CMA CGM S.A.), DB Schenker (Deutsche Bahn AG), Fedex Corporation, Hellmann Worldwide Logistics SE & Co. KG, Kenco Group, Kuehne + Nagel International AG, Penske Logistics Inc. (Penske Truck Leasing Co. L.P.), Rhenus Group, Simarco Worldwide Logistics Ltd and XPO Logistics Inc. |
| Market Dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
| Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Click here to view detailed information with table of content: https://www.imarcgroup.com/fmcg-logistics-market
Report Segmentation:
The report has been segmented the market into following categories:
Breakup by Product Type:
- Food and Beverage
- Personal Care
- Household Care
- Others
Breakup by Service Type:
- Transportation
- Warehousing
- Value Added Services
Breakup by Mode of Transportation:
- Railways
- Airways
- Roadways
- Waterways
By Geography:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom,
Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia,
Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
List of Major Key Players:
The major players in the market are
C.H. Robinson Worldwide Inc.
CCI Logistics Ltd.
CEVA Logistics (CMA CGM S.A.)
DB Schenker (Deutsche Bahn AG)
Fedex Corporation
Hellmann Worldwide Logistics SE & Co. KG
Kenco Group
Kuehne + Nagel International AG
Penske Logistics Inc
(Penske Truck Leasing Co. L.P.)
Rhenus Group
Simarco Worldwide Logistics Ltd
and XPO Logistics Inc.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us:
IMARC Services Private Limited.
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Email: [email protected]
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
