Press release
Europe FMCG Logistics Market 2022 Global Outlook - DHL Group, C.H. Robinson Worldwide Inc., Kuehne + Nagel International AG, Agility Logistics
Market Insights Reports has added new statistical data to its repository titled as, Global Europe FMCG Logistics Market. It provides the industry overview with market growth analysis with a historical & futuristic perspective for the following parameters; cost, revenue, demands, and supply data (as applicable). Furthermore, the report also sheds light on technological platforms, in addition to distinctive tools, and methodologies that will help to propel the performance of industries. The Europe FMCG Logistics market report covers the post-COVID-19 impact on various regions and major countries and on the future development of the industry is pointed out.The Europe FMCG Logistics Market is expected to grow at a CAGR of around 5% during the forecasted period.
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Top Key Players in the Global Europe FMCG Logistics Market is DHL Group, C.H. Robinson Worldwide Inc., Kuehne + Nagel International AG, Agility Logistics, CEVA Logistics, FedEx, XPO Logistics, Nippon Express, DB Schenker, Hellmann Worlwide Logistics, APL Logistics, and others.
Key Market Trends:
Growing Third Party Logistics (3PL) Market in Europe
Logistics management is an important component of many companies' profitability and overall success. While some companies manage their own logistics, others find it more efficient to hire specialized logistics companies to manage their logistics for them. 3PL service providers handle activities such as designing and planning supply chains, designing facilities, warehousing, transporting and distributing goods etc. The primary motivation for taking 3PL services is not cost but flexibility. This is true especially for FMCG companies or retailers that need preparation of less-than-full-case orders 3PLs are more price-competitive in simpler full-case or full-pallet orders. A 3PL service provider will have more ability to absorb volume increases and fluctuations than an in-house operation. The ability to share facilities and labour allows 3PL company to move resources around and respond in ways the manufacturer cannot. This has strong appeal to FMCG companies that have intense launch and promotional cycles that can create distortions in regular flows. The FMCG sector has seen no decrease in the demand and production of its products during Covid-19 and is likely to remain strong post Covid-19 as well. In 2018, the European third-party logistics market generated revenue of around 181.7 billion US dollars and is likely to grow further.
FMCG E-commerce Sales to Rise at a High Pace
The online food and grocery market in Europe has been growing from the past few years, as people are looking for ways to multitask and save time. In Europe, in 2009 the online food and grocery shopping accounted for 13% of the ordered goods and services online. Since 2009 until 2018 the share of food and grocery e-shopping has almost doubled (92% growth) and in 2018, 25% of online orders were made for food and groceries. This is a clear indicator of potential growth as consumers are starting to embrace online shopping of FMCG and other essentials. The countries with the highest growth in online purchase of FMCG goods from 2009 to 2018 are Greece, Czechia, Malta, Latvia and Sweden, they increased e-food and grocery orders to 5 times in 2018 compared to 2009 as a percentage of online ordered goods and services. Slovakia, Estonia, Finland, Lithuania also did well and were doing online orders for food and grocery by over 3 times more. The top 4 countries where the share of online purchases is above 30% as a share of all online orders as the UK, Czechia, Estonia and Lithuania. The United Kingdom, France, Germany and Spain are predicted to have the highest online grocery market sizes in Europe. With increasing online sale of FMCG goods, the FMCG Logistics market is expected to grow along with booming E-commerce.
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https://www.marketinsightsreports.com/reports/10192355425/europe-fmcg-logistics-market-growth-trends-and-forecasts-2020-2025?Mode=A28
This Global Europe FMCG Logistics Market report addresses:
- The Market size from 2016-2021
- Expected market growth until 2025
- Forecast of how market drivers, restraints, and future opportunities will affect
- Segment and regions that will drive or lead the market growth and why
- Comprehensive mapping of the competitive landscape
- In-depth analysis of key sustainability strategies adopted by market place.
Frequently Asked Questions about Global Europe FMCG Logistics market:
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- Where are the greatest dangers?
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- Free 40 analyst hours to cover any other data point
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides Global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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