Press release
FMCG Logistics Market to Reach USD 1,400.80 Billion by 2027 with a 4.6% CAGR Surge
The global FMCG logistics market was valued at $1,056.58 billion in 2019, and is projected to reach $1,400.80 billion by 2027, registering a CAGR of 4.6% from 2020 to 2027. By mode of transportation, the roadways segment was the highest revenue contributor in 2019, accounting for $431.66 billion, and is estimated to reach $518.08 billion by 2027, registering a CAGR of 3.30% during the forecast period. In 2019, Asia-Pacific was anticipated to account for major market share.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ : 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 in 2019, whereas India is
expected to grow at a significant rate during the forecast period.
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.
๐๐๐๐๐-๐๐ ๐๐ฆ๐ฉ๐๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ :
The food & beverages segment of the FMCG logistics market was slightly affected due to the lockdown and lack of transportation services globally.
Attributed to COVID-19 pandemic, important supply chains in the logistics and transportation industry are hampered, though differently across air, freight, and sea sectors. In addition, logistics firms, which are involved in the movement, storage, and flow of goods, have been directly affected by the COVID-19 pandemic.
As an integral part of value chains, both within and across international borders, logistics firms facilitate trade & commerce and help businesses get their products to customers. Therefore, the supply chain disturbance created by COVID-19 is expected to impact the competitiveness, economic growth, and jobs lost in the logistics industry.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ : https://www.alliedmarketresearch.com/fmcg-logistics-market/purchase-options
The factors that drive the global FMCG logistics market include the growing penetration of e-commerce in the FMCG industry, changing lifestyles, rapidly evolving consumer habits, increasing disposable income, rising tech-driven logistics services, and escalating 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, 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 for the growth of the global FMCG logistics market.
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.
๐๐๐ ๐ ๐๐๐๐๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐๐ :
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.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/9133
The key players analyzed in the FMCG logistics market report include ๐.๐. ๐๐จ๐ฅ๐ฅ๐๐ซ - ๐๐๐๐ซ๐ฌ๐ค, ๐.๐. ๐๐จ๐๐ข๐ง๐ฌ๐จ๐ง ๐๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐, ๐๐ง๐., ๐๐ ๐๐๐๐๐๐๐๐ (๐๐๐ฎ๐ญ๐ฌ๐๐ก๐ ๐๐๐ก๐ง ๐๐ซ๐จ๐ฎ๐ฉ (๐๐ ๐๐ซ๐จ๐ฎ๐ฉ)), ๐๐๐ฎ๐ญ๐ฌ๐๐ก๐ ๐๐จ๐ฌ๐ญ ๐๐ (๐๐๐ ๐๐ซ๐จ๐ฎ๐ฉ), ๐๐๐ (๐๐๐ ๐๐๐ง๐๐ฅ๐ฉ๐ข๐ง๐), ๐ ๐๐๐๐ฑ, ๐๐๐จ๐๐ข๐ฌ, ๐๐ฎ๐๐ก๐ง๐+๐๐๐ ๐๐ฅ, ๐๐ง๐ข๐ญ๐๐ ๐๐๐ซ๐๐๐ฅ ๐๐๐ซ๐ฏ๐ข๐๐, ๐๐ง๐. (๐๐๐), ๐๐ง๐ ๐๐๐ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ, ๐๐ง๐.
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ :
๐๐๐ข๐ฅ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ : https://www.alliedmarketresearch.com/rail-logistics-market
๐๐๐ฏ๐๐ซ๐ฌ๐ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ : https://www.alliedmarketresearch.com/reverse-logistics-market
๐๐ง๐๐ซ๐ ๐ฒ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ : https://www.alliedmarketresearch.com/energy-logistics-market-A07811
๐๐ซ๐๐๐ง ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ : https://www.alliedmarketresearch.com/green-logistics-market-A84427
๐ ๐จ๐จ๐ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ : https://www.alliedmarketresearch.com/food-logistics-market-A15470
๐ ๐ข๐๐ญ๐ก-๐ฉ๐๐ซ๐ญ๐ฒ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ : https://www.alliedmarketresearch.com/fifth-party-logistics-solution-market-A14785
๐๐จ๐ง๐ญ๐๐๐ญ :
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