FMCG Logistics Market Industry Share, Size: 2024 Growth, Segments and Forecast - 2031

by faraz pathan on Dec 5, 2024 Business 229 Views

 

The global FMCG logistics market is anticipated to grow at a considerable CAGR of 4.6% during the forecast period (2024-2031). The rapid increase in the penetration of e-commerce in FMCG sector will drive the market growth. The e-commerce refers to the purchase and sale of products over the internet. Its potential to provide transparency of inventory status, projected delivery date, and a range of shipping alternatives, including tracking and easy returns, is transforming the global retail business. Additionally, online grocery stores and merchants like Flipkart, Big Basket and Amazon make FMCG products more accessible to consumers by offering various discounts, festive deals, and same-day delivery options.

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Furthermore, the emergence of FMCG businesses' 'direct-to-consumer' strategy, wherein a consumer may order FMCG products directly to their homes through an internet channel, will fuel the market growth.  As a result, consumer goods organizations and e-commerce platforms collaborate with logistics companies to deliver items more promptly and cost-effectively, propelling the FMCG logistics industry forward. For instance, in August 2020, Storia Food & Beverages Pvt Ltd, a new start-up in the food and beverage industry, announced the launch of its website - shop.storiafoods.com, a direct-to-consumer channel, to achieve a competitive advantage through online purchases in the context of changing customer behavior. 

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Market Coverage

  • Segment Covered- 

o             By Type

o             By Mode of Transportation

o             By Service Type

  • Regions Covered-

o             North America

o             Europe

o             Asia-Pacific

o             Rest of the World

  • Competitive Landscape- A.P. Moller – Maersk, CCI Logistics Ltd. , Deutsche Post AG, DSV, Bolloré Logistics, EAGLE LOGISTIC SERVICE, INC., FedEx, Kenco Group Inc., Nippon Express Co. Ltd. and others.

Key questions addressed by the report

  • What is the market growth rate?
  • Which segment and region dominate the market in the base year?
  • Which segment and region will project the fastest growth in the market?
  • How COVID-19 impacted the market?

o             Deviation from the pre-COVID-19 forecast

o             Most affected region and segment

  • Who is the leader in the market?
  • How players are addressing challenges to sustain growth?
  • Where is the investment opportunity?

Global FMCG Logistics Market Report by Segment

By Type

  • Food & Beverages
  • Household Care 
  • Personal Care
  • Other Consumables

By Mode of Transportation

  • Railway
  • Airways
  • Roadways
  • Waterways

By Service Type

  • Warehousing
  • Transportation
  • Value Added Services

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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. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

 

Article source: https://article-realm.com/article/Business/69967-FMCG-Logistics-Market-Industry-Share-Size-2024-Growth-Segments-and-Forecast-2031.html

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