Fast moving consumer goods (FMCG) mainly includes personal care, food and beverages, home care products, and other daily need consumer goods. FMCG logistics involves storing, warehousing, and other value-added services offered to FMCG companies by the logistics vendors. Innovative technologies, software and solutions are contributing towards enhancement of all the logistics services. FMCG logistics market is expected to grow rapidly during the forecast period all over the world.
MARKET SCOPE
The "Global FMCG Logistics Market Analysis to 2028" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of the FMCG logistics market with detailed market segmentation by product type, service type, and geography. The report provides key statistics on the market status of the leading FMCG logistics market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on product type, the global FMCG logistics market is segmented into food and beverage, personal care, household care and others.
- On the basis of service type, the market is segmented into transportation, warehousing and value-added services.
MARKET DYNAMICS
Drivers:
- Rapidly enhancing consumer lifestyle in many developing countries.
- Rising urbanization and increasing per capita disposable income to boost market growth of FMCG logistics market.
- Technological advancements are contributing towards making the logistics services more efficient and reliable.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The FMCG logistics market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the FMCG logistics market in these regions.
IMPACT OF COVID-19 ON FMCG LOGISTICS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. This pandemic has hampered trade activities all over the world. Also, due to job loss or salary cuts, buying capacity of the consumer has reduced considerably. This all has impacted the FMCG logistics market to a significant extent.
MARKET PLAYERS
The report covers key developments in the FMCG logistics market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from FMCG logistics market are anticipated to lucrative growth opportunities in the future with the rising demand for FMCG logistics in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the FMCG logistics market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- CCI Logistics Ltd
- CEVA Logistics
- C.H. Robinson Worldwide, Inc.
- Darcl
- Capricorn Logistics Pvt. Ltd.
- GEODIS
- Kenco Group Inc.
- Kuehne + Nagel International AG
- Simarco International Ltd.
- XPO Logistics, Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.