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FMCG Logistic Market : Mode of Transportation, Product Type and Service Type, By Statistics 2021-2027

10-12-2023 09:04 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

FMCG Logistics Market

FMCG Logistics Market

According to the report published by Allied Market Research, the global FMCG logistics market was estimated at $1,056.58 billion in 2019 and is expected to hit at $1,400.80 billion by 2027, registering a CAGR of 4.6% from 2020 to 2027. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.

Growing penetration of e-commerce in the FMCG industry, changing lifestyles & consumer habits, surge in disposable income, rise in tech-driven logistics services, and growing adoption of IoT-enabled connected devices drive the FMCG logistics market. On the other hand, poor infrastructure, higher logistics costs, and lack of control of manufacturers and retailers on logistics services restrain the growth. Nevertheless, emergence of last mile deliveries coupled with logistics automation is anticipated to create multiple opportunities in the future.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ- https://www.alliedmarketresearch.com/request-sample/9133

Covid-19 scenario-

The outbreak of the pandemic affected goods supply and led to distorted supply chain across the world. Moreover, most retail outlets selling fast moving consumer goods were brought to close their business for indefinite time. This, in turn, impacted the global FMCG logistics market negatively.
Nevertheless, the global situation is getting better at a slow and steady pace and the market is expected to retrieve soon.

๐๐ซ๐จ๐œ๐ฎ๐ซ๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ- https://www.alliedmarketresearch.com/fmcg-logistics-market/purchase-options

The global FMCG logistics market is analyzed across mode of transportation, product type, service type, and region. By mode of transportation, the roadways segment contributed to around two-fifths of the total market share in 2019, and is expected to lead the trail by the end of 2027. Simultaneously, the waterways segment would exhibit the fastest CAGR of 5.90% throughout the forecast period,

By product type, the food & beverages segment accounted for more than four-fifths of the total market share in 2019, and is projected to dominate by 2027. At the same time, the personal care segment would manifest the fastest CAGR of 5.10% during the forecast period.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ฒ๐ข๐ง๐ - https://www.alliedmarketresearch.com/purchase-enquiry/9133

By region, Asia-Pacific, followed by North America, garnered the major share in 2019, generating nearly half of the global market. The same region would also cite the fastest CAGR of 5.10% from 2020 to 2027. The other provinces discussed in the report include North America, Europe, and LAMEA.

The leading market players analyzed in the global FMCG logistics market report include C.H. Robinson Worldwide, Inc., DB SCHENKER (Deutsche Bahn Group (DB Group)), FedEx, Deutsche Post AG (DHL Group), XPO Logistics, Inc., A.P. Moller - Maersk, DSV (DSV Panalpina), Geodis, Kuehne+Nagel, and United Parcel Service, Inc. (UPS). These market players have incorporated different strategies including partnership, expansion, collaboration, joint ventures, and others to brace their stand in the industry.

David Correa
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Allied Market Research is market research, consulting, and advisory firm of Allied Analytics LLP. Founded in 2013, the firm has been instrumental in offering high-quality syndicated and customized market research reports, consulting services, and useful insights to leading market players, startups, investors, and stakeholders. Driven by the aim to eliminate sub-standard data and become a successful partner for organizations, Allied Market Research has been innovating continuously, expanding the product & service portfolio, and implementing the client-first approach since its inception. With the clientele spanning more than 7,000 organizations that also include a majority of Fortune 500 companies, AMR has a proven track record of helping and serving the global clientele and playing a major role in their success.

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