Press release
FMCG Logistics Market to Reach US$ 1,400.80 Billion With a CAGR of 4.6% by 2027
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ญ- https://www.alliedmarketresearch.com/request-sample/9133
The Asia-Pacific region is dominating the market in term of revenue, followed by LAMEA, North America, and Europe. In Asia-Pacific, China dominated the FMCG logistics market industry in 2019, whereas India is expected to grow at a significant rate during the forecast period.
Key players in the industry-
C.H. Robinson Worldwide, Inc.
Deutsche Post AG (DHL Group)
A.P. Moller - Maersk
DSV (DSV Panalpina)
FedEx
Geodis
Kuehne+Nagel
DB SCHENKER (Deutsche Bahn Group (DB Group))
United Parcel Service, Inc. (UPS)
XPO Logistics, Inc.
FMCG logistics involves the movement of fast movable consumer goods from one place to another in a shorter time span. This involves services, such as material handling, packaging, transportation, inventory, security, and warehousing, which can be scaled according to customer needs and market conditions. FMCG logistics service providers are responsible for the delivery of materials or goods from manufacturers to consumers.
Moreover, introduction of 'direct-to-consumer' initiative by FMCG companies, wherein a consumer can order FMCG products direct to the home through online channel also propels the market growth In addition, attributed to rise in globalization, various activities related to trade are witnessing increased growth. Therefore, it is becoming difficult for manufactures or retailers to keep track of these activities in an efficient manner. This factor is expected to drive the FMCG logistics market for logistics companies. Moreover, development of the overseas market is a significant factor that fuels the growth of the market.
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, emergence of last mile deliveries coupled with logistics automation, cost cutting, and lead time reduction due to adoption of multi-modal system are expected to offer lucrative opportunities of the global FMCG logistics market Growth.
The global FMCG logistics market is segmented on the basis of mode of transportation, product type, service type, and region. Railways, airways, roadways, and waterways are studied under the mode of transportation segment. Food & beverages, personal care, household care, and other consumables are categorized under product type. By service type, the market is divided into transportation, warehousing, and value added services. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
๐ ๐ฎ๐ธ๐ฒ ๐ฎ ๐ฃ๐๐ฟ๐ฐ๐ต๐ฎ๐๐ฒ ๐๐ป๐พ๐๐ถ๐ฟ๐ - https://www.alliedmarketresearch.com/purchase-enquiry/9133
Key Findings Of The Study
Based on mode of transportation, the roadways segment generated the highest revenue in 2019.
By product type, the food & beverages segment was the highest revenue contributor in 2019.
By service type, the transportation segment was the highest revenue contributor in 2019.
By region, Asia-Pacific contributed the highest revenue, followed by LAMEA, North America, and Europe in 2019.
๐ฆ๐ถ๐บ๐ถ๐น๐ฎ๐ฟ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐๐ ๐ช๐ฒ ๐๐ฎ๐๐ฒ ๐ผ๐ป ๐๐ผ๐ด๐ถ๐๐๐ถ๐ฐ๐ ๐๐ป๐ฑ๐๐๐๐ฟ๐ :
Government and Education Logistics Market : https://www.alliedmarketresearch.com/government-and-education-logistics-market-A07810
Cash Logistics Market : https://www.alliedmarketresearch.com/cash-logistics-market
Fifth-party Logistics Market : https://www.alliedmarketresearch.com/fifth-party-logistics-solution-market-A14785
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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