The global FMCG logistics market is anticipated to grow at a significant CAGR of 4.6% during the forecast period. The growing penetration of IoT-enabled connected devices and a surge in tech-driven logistics services will boost the market growth. The FMCG logistics market has been fundamentally transformed by changing technical trends and their deployment in FMCG applications. The Companies have started incorporating emerging innovations into their FMCG supply chain, such as IoT, analytics, robotics, and cloud computing. Advanced supply chain technologies, including drone delivery, has cut lead times and inventory for FMCG companies, allowing them to meet their need for personalization and quick delivery. For instance, in September 2019, FedEx entered into a partnership agreement with Wing Aviation LLC and Walgreens to launch the first drone shipping service in Christiansburg, Virginia. It demonstrates how drone delivery may help communities by examining ways to improve last-mile delivery, increase access to health-care supplies, and provide a new source of revenue for local companies.
Get Free Sample link @ https://www.omrglobal.com/request-sample/fmcg-logistics-market
The COVID-19 pandemic had disrupted the supply chain operations of various industries across the globe, which had negative impact on FMCG logistics market. Furthermore, almost all retail establishments for non-essential consumer products, such as apparel, gadgets, and fashion accessories, were forced to shut down around the globe. This has reduced the need for products to be transported, dealing a major setback to the global FMCG logistics industry. The food and beverage business has also seen the effects, as offline dining establishments such as restaurants and cafés were closed and online food orders were decreased. Additionally, consumer purchasing power has been significantly diminished as a result of job losses or salary reduction. All of this has had a tremendous impact on the FMCG logistics sector. As the COVID-19 situation normalizes, the FMCG logistics market started recovery as industrial and distriution operations were normalized after the recovery.
full report of FMCG Logistics Market available @ https://www.omrglobal.com/industry-reports/fmcg-logistics-market
- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global FMCG Logistics Market by Type
- Food & Beverages
- Household Care
- Personal Care
- Other Consumables
Global FMCG Logistics Market by Mode of Transportaion
- Railway
- Airways
- Roadways
- Waterways
Global FMCG Logistics Market by Service Type
- Warehousing
- Trasportation
- Value Added Services
Regional Analysis
- North America
- US
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Agility Public Warehousing Company K.S.C.P.
- Bolloré Logistics
- Capricorn Logistics Pvt. Ltd.
- H. Roinson Worldwide Inc.
- DFDS AS
- EAGLE LOGISTIC SERVICE, INC.
- FedEx
- GEODIS
- Hellmann Worldwide Logistics SE & Co. KG
- Kenco Group Inc.
- Kuehne + Nagel
- Nexus Distribution
- Nippon Express Co. Ltd.
- Penske Logistics
- Rhenus SE & Co. KG
- XPO Logistics, Inc.
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global FMCG logistics market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/fmcg-logistics-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
