Press release
Innovative Technology : CPG Logistics Market Globally Grow at a CAGR of 5.98% by 2020
CPG logistics is a business process that involves the management and movement of consumer packaged goods from the point of origin to the point of consumption. It is a core part of supply chain management (SCM) and includes services such as freight forwarding and multimodal transport through air, ship, truck, and rail. It also provides customs brokerage, warehousing and storage, tracking, and tracing of freight goods services.
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Technavios analysts forecast the global consumer packaged goods (CPG) logistics market to grow at a CAGR of 5.98% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global consumer packaged goods (CPG) logistics market for 2016-2020. To calculate the market size, the report considers revenue generated by contract logistics service provider for the CPG industry.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Consumer Packaged Goods (CPG) Logistics Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Agility
CEVA Holdings
Deutsche Bahn
Expeditors
FedEx
Ryder System
Schneider National
UPS
UTi Worldwide
Other prominent vendors
APL Logistics
C. H. Robinson
Eagle Global Logistics
Exel
Menlo Worldwide
Nexus Distribution
Nippon Express
NYK Logistics
Panalpina
Penske Logistics
Star Distribution Systems
Market driver
Increase in outsourcing of logistics services
For a full, detailed list, view our report
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Market challenge
High cost of operation and competitive pricing
For a full, detailed list, view our report
Market trend
Dominance of integrated service providers
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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