Keep up with the news of the Freight Forwarding and Logistics Industry

FMCG Logistics Market Size Reach USD 1,400.80 Million by 2027

Growing penetration of e-commerce in the FMCG industry and changing lifestyles & consumer habits fuel the growth of the global FMCG logistics market

WILMINGTON, DE, UNITED STATES, November 25, 2024 /EINPresswire.com/ -- According to a recent report published by Allied Market Research, The global FMCG logistics market size 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.

FMCG (Fast-Moving Consumer Goods) logistics involves the transportation, storage, and distribution of products with high turnover, such as food, beverages, and household goods. It focuses on speed, efficiency, and cost-effectiveness to meet the high demand and quick replenishment cycles of FMCG items. Key trends include automation, real-time tracking, and cold chain logistics to maintain product quality.

Download Sample Report (Get Full Insights in PDF - 266 Pages) at: https://www.alliedmarketresearch.com/request-sample/A08768

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 manufacturers 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.

If you have any special requirements, Request customization: https://www.alliedmarketresearch.com/request-for-customization/A08768

COVID-19 impact analysis

1. The food & beverages segment of the FMCG logistics market was slightly affected due to the lockdown and lack of transportation services globally.

2. 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.

3. 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.

4. The impact of COVID-19 has been widely visible across all the logistics-dependent mode of transport around the world. Although there are some industries that are struggling due to the pandemic, some are thriving, such as healthcare & pharmaceuticals, e-commerce, and daily essentials goods industry, which are expected to affect the logistics industry positively during the COVID-19 outbreak globally.

5. 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.

Buy Now & Get Up to 50% off on This Report: https://www.alliedmarketresearch.com/fmcg-logistics-market/purchase-options

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.

Key Findings Of The Study

1. Based on mode of transportation, the roadways segment generated the highest revenue in 2019.

2. By product type, the food & beverages segment was the highest revenue contributor in 2019.

3. By service type, the transportation segment was the highest revenue contributor in 2019.

4. By region, Asia-Pacific contributed the highest revenue, followed by LAMEA, North America, and Europe in 2019.

The key players analyzed in the FMCG logistics market report 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.

Inquiry Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/A08768

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR 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 in making strategic business decisions and achieving sustainable growth in their respective market domains.

AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, researchers, and students at universities. With reports on more than 60,000 niche markets with data comprising 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients’ requirements is complemented with analyst support and customization requests.

Contact:
David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: + 1-800-792-5285
UK: +44-845-528-1300
India (Pune): +91-20-66346060
Fax: +1-800-792-5285
help@alliedmarketresearch.com

David Correa
Allied Market Research
+1 800-792-5285
email us here
Visit us on social media:
Facebook
X

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.