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FMCG Logistics Market News Reviews The Ultimate Trends Top Businesses | Geodis, Kuehne+Nagel, United Parcel Service, Inc. (UPS), and XPO Logistic
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Logistics is widely known as the process of coordinating and moving resources, such as equipment, food, liquids, inventory, materials, and other products, from one location to the storage or the desired destination. It is the management of the flow of goods from one point of origin to the point of consumption to meet the requirement of customers. FMCG logistics management focuses on the efficiency and effective management of daily activities concerning the transportation of daily usable goods from one place to another.
Moreover, the FMCG logistics market comprises third-party logistics (3PL), fourth-party logistics (4PL), inbound logistics, outbound logistics, reverse logistics, green logistics, military logistics, and other logistics service. This process provides efficient and effective transportation & storage of goods and services. At present, FMCG logistics services are widely being used in various applications, including warehousing, procurement, supply chain, material handling, inbound & outbound transportation, packaging, and inventory.
The global FMCG logistics market is driven by rise in penetration of e-commerce in the FMCG logistics industry, changing lifestyles, rapidly evolving consumer habits, growth in disposable income, rise of tech-driven logistics services, and increase in adoption of IoT-enabled connected devices.
Moreover, poor infrastructure & higher logistics costs and lack of control of manufacturers and retailers on logistics service hamper the growth of the global market. However, last mile deliveries, logistics automation, cost cutting, and lead time reduction due to the adoption of multi-modal system are expected to offer lucrative opportunities for the growth of the global FMCG logistics market.
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The global FMCG logistics market is segmented based on product type, service type, mode of transportation, and region. Product type includes food & beverages, personal care, household care, and other consumables. Service type includes transportation, warehousing, and value added services. Mode of transportation includes railways, airways, roadways, and waterways. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
KEY BENEFITS FOR STAKEHOLDERS
- This study presents the analytical depiction of the FMCG logistics market along with the current trends and future estimations to depict the imminent investment pockets.
- The overall market potential is determined to understand the profitable trends to enable stakeholders gain a stronger foothold in the FMCG logistics market.
- The report presents information related to key drivers, restraints, and opportunities with detailed impact analysis.
- The FMCG logistics market is quantitatively analyzed from 2019 to 2027 to highlight the financial competency of the market.
- Porter's five forces analysis illustrates the potency of the buyers and suppliers.
The key players operating in the FMCG logistics market include A.P. Moller - Maersk, C.H. Robinson Worldwide, Inc., DB SCHENKER (Deutsche Bahn Group (DB Group)), Deutsche Post AG (DHL Group), DSV (DSV Panalpina), FedEx, Geodis, Kuehne+Nagel, United Parcel Service, Inc. (UPS), and XPO Logistics, Inc.
KEY MARKET SEGMENTS
By Mode of Transportation
- Railways
- Airways
- Roadways
- Waterways
By Product Type
- Food & Beverages
- Personal Care
- Household Care
- Other Consumables
By Service Type
- Transportation
- Warehousing
- Value Added Services
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By Region
o North America
? U.S.
? Canada
? Mexico
o Europe
? UK
? Germany
? France
? Italy
? Rest of Europe
o Asia-Pacific
? China
? Japan
? India
? Australia
? Rest of Asia-Pacific
o LAMEA
? Latin America
? Middle East
? Africa
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