USD 109 billion
FMCG Logistics Market Size, Share, Growth Analysis, By Mode of Transportation(Railways, Airways, Roadways, and Seaways), By Product(Food & Beverages, Personal Care, Household Care, and Other Consumables), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG25AG2020 |
Region:
Global |
Published Date: March, 2024
Pages:
223
|Tables:
65
|Figures:
65
FMCG Logistics Market Insights
Global FMCG Logistics Market size was valued at USD 109 billion in 2022 and is poised to grow from USD 112.99 billion in 2023 to USD 150.64 billion by 2031, growing at a CAGR of 3.66% in the forecast period (2024-2031).
The global FMCG logistics market is influenced by several factors, including the increasing presence of e-commerce in the industry, evolving consumer habits, changing lifestyles, and rising disposable incomes. The market's growth is further driven by the adoption of technology-driven logistics services and IoT-enabled connected devices. However, challenges such as poor infrastructure, higher logistics costs, and manufacturers' and retailers' limited control over logistics services can hinder market growth.
Despite the challenges, opportunities arise in the form of last-mile deliveries, logistics automation, cost-cutting measures, and lead time reduction through multi-modal systems adoption. Embracing these opportunities can fuel the expansion of the global FMCG logistics market, enabling efficient and effective transportation of goods to meet customer requirements.
US FMCG Logistics Market is poised to grow at a sustainable CAGR for the next forecast year.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Railways
Fastest Growth
Seaways
Growth Rate
3.66% CAGR
Global FMCG Logistics Market ($ Bn)
Country Share for North America Region (%)
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FMCG Logistics Market Segmental Analysis
The global FMCG logistics market is segmented on the basis of mode of transportation, product type, region. By mode of transportation the market is segmented into railways, airways, roadways, and seaways. By product type, the market is segmented into food & beverages, personal care, household care, and other consumables. By Region, the market is segmented into North America, Europe, Latin America, Asia- Pacific, Middle East and Africa.
FMCG Logistics Market Analysis By Mode of Transportation
The roadway segment currently holds the largest market share and is expected to maintain its dominant position from 2023 to 2030. Road transportation is widely distributed across Europe, Asia, Africa, and North America, making it one of the most commonly used and economical means of transportation. Its seamless movement of goods between states and countries through a single customs paperwork process contributes to its continued market dominance.
The seaways segment is projected to exhibit the highest compound annual growth rate (CAGR) during the period 2023-2030. This growth is attributed to improved infrastructure, such as canals shortening trade routes, increasing trade agreements, and rising consumer disposable income, which boost the global demand for international goods. As a result, the seaways segment is expected to maintain its second-leading position throughout the forecast period.
FMCG Logistics Market Analysis By Product
The food & beverage sector commands the largest market share due to its diverse range of products, such as dry packaged goods, beverages, dairy products, frozen foods, and meat processors. Food & beverage executives are embracing new supply chain processes, backed by strategic investments in advanced technologies to achieve lower operating costs and improved logistics functionality. Key necessities in food & beverage logistics include air-conditioned storage & transportation, advanced warehouse management systems, advanced packaging solutions, and product safety tracking technologies.
The personal care products segment holds the second-largest position, encompassing skincare, haircare, and oral care products. Personal care products benefit from various distribution channels, including specialty stores and beauty salons. The market experiences robust growth, fueled by increasing male consumers' focus on skincare, investments in R&D, and consumer preferences for vegan, organic, and eco-friendly cosmetics. Growing awareness of personal and household hygiene after the COVID-19 pandemic is expected to drive demand for laundry and home care products.
Global FMCG Logistics Market By Mode of Transportation
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FMCG Logistics Market Regional Insights
Between 2023 and 2030, the Asia Pacific region is expected to dominate the FMCG logistics market, driven by the rising purchasing power of the middle class and lower production costs due to commercialization. China and other emerging markets are projected to experience rapid growth in value-added services, fueled by the increasing demand for expensive consumer goods and perishables that require efficient logistics management for safety and handling. Southeast Asia, in particular, is emerging as a hotbed of growth opportunities for the consumer goods market, as evidenced by SF Express, China's leading express delivery company, acquiring Kerry Logistics for USD 2.3 billion in 2021 to expand its network in the region.
North America holds the second-largest position in the market, benefiting from its diverse coastlines and cruising destinations. The region is witnessing a rising demand for green logistics, driven by environmental concerns. The growing e-commerce sector and the trend of online shopping in countries like the United States and Canada are expected to drive the market between 2023 and 2030. Additionally, the adoption of low-emission FMCG logistics, especially through the use of electric vehicles, is expanding. Maersk's acquisition of 110 electric Volvo VNR trucks for North America in 2022 exemplifies this trend.
Europe is poised to be the fastest-growing region in the coming years, fueled by its expanding fast-moving consumer goods industry, growing e-commerce market, and increasing adoption of advanced logistics technologies. However, challenges such as a shortage of skilled drivers, high operating costs, and significant technology investment costs may hamper the market's growth in the region. To succeed, vendors must focus on opportunities in fast-growing segments while maintaining their positions in slower-growing ones.
Global FMCG Logistics Market By Region
- Largest
- Fastest
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FMCG Logistics Market Dynamics
FMCG Logistics Market Drivers
International Trade
- The globalization of FMCG markets has led to increased cross-border trade, creating opportunities for logistics providers to offer international shipping solutions.
Population Growth and Urbanization
- Rising global population and urbanization are driving increased consumption of FMCG products, stimulating demand for efficient logistics solutions.
FMCG Logistics Market Restraints
Rising Operational Costs
- Fluctuating fuel prices, labor costs, and regulatory requirements can put pressure on logistics expenses, impacting profit margins.
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FMCG Logistics Market Competitive Landscape
The global Fast-Moving Consumer Goods (FMCG) Logistics market features a highly competitive landscape characterized by the presence of numerous established players and emerging regional providers. Key logistics companies, such as DHL, C.H. Robinson, Kuehne + Nagel, DB Schenker, and UPS, dominate the market with their extensive global networks and comprehensive service offerings. These major players constantly engage in strategic initiatives like mergers, acquisitions, and partnerships to expand their market presence and gain a competitive edge. Collaborations with FMCG manufacturers and retailers enable them to offer integrated end-to-end supply chain solutions, enhancing their value proposition.
Moreover, technological advancements have become a critical factor in maintaining a competitive position. Leading logistics companies invest significantly in advanced technologies like IoT, AI, and big data analytics to optimize their operations, improve efficiency, and offer real-time tracking and visibility to customers. In addition to established players, regional logistics providers are also gaining traction in their respective markets, catering to the specific needs of local FMCG businesses. These regional players leverage their local expertise and understanding of regional regulations to provide tailored logistics solutions.
The competitive landscape is further intensified by the entry of tech-driven start-ups that offer innovative last-mile delivery solutions and on-demand services. These disruptors challenge traditional logistics models and force established players to adapt to changing customer demands and preferences.
FMCG Logistics Market Top Player’s Company Profiles
- DHL (Germany)
- C.H. Robinson (United States)
- Kuehne + Nagel (Switzerland)
- DB Schenker (Germany)
- UPS (United States)
- Nippon Express (Japan)
- DSV Panalpina (Denmark)
- XPO Logistics (United States)
- Expeditors International (United States)
- Ceva Logistics (Switzerland)
FMCG Logistics Market Recent Developments
- In February 2024, Nulogy, an organization known for its Supply Chain Collaboration Solutions, got a critical venture from Rubicon Technology Partners. Rubicon is a private equity firm situated in Boulder, Colorado, that works on supporting and developing software organizations.
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In January 2024, Blue Dart, a logistics company, declared another partnership with French Express, a notable courier service in South India. This collaboration incorporates our domestic priority and APEX (AirPackages Express) services, which assist us with growing in a calculated manner. As a component of this partnership, we've added more than 1000 new areas to our organization in the southern locale. This shows our commitment to giving first-rate courier services and assists us with filling in significant business sectors.
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In November 2023, CONCOR (Container Corporation of India) reported plans to transport fast-moving consumer goods (FMCG) freight on domestic courses.
FMCG Logistics Key Market Trends
- E-commerce Growth: The rapid expansion of e-commerce has increased the demand for efficient FMCG logistics to handle last-mile deliveries and manage higher shipment volumes.
- Omnichannel Distribution: FMCG companies are adopting omnichannel strategies, blurring the lines between online and offline retail, necessitating flexible and agile logistics solutions.
FMCG Logistics Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Product types team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our FMCG logistics market Analysis, the global Fast-Moving Consumer Goods (FMCG) Logistics market is witnessing significant growth and evolution. The FMCG sector is experiencing increasing demand due to population growth, urbanization, and rising disposable incomes in emerging economies. This surge in demand is driving the need for efficient and streamlined logistics solutions. Technology is playing a crucial role in transforming FMCG logistics. Automation, artificial intelligence, and data analytics are enhancing supply chain visibility, optimizing inventory management, and reducing transportation costs. Sustainability is gaining prominence in the FMCG logistics domain. Companies are adopting eco-friendly practices to reduce their carbon footprint and meet consumer demands for environmentally responsible products.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 109 billion |
| Market size value in 2031 | USD 150.64 billion |
| Growth Rate | 3.66% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on FMCG Logistics Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on FMCG Logistics Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the FMCG Logistics Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the FMCG Logistics Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the FMCG Logistics Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the FMCG Logistics Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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