PUBLISHER: SkyQuest | PRODUCT CODE: 1448273
PUBLISHER: SkyQuest | PRODUCT CODE: 1448273
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 affected by various factors, including the increasing use of online shopping, changes in what consumers want, how they live, and higher incomes. The market grows more because of using technology and devices that connect to the internet. However, there are problems like bad roads, high costs for moving things, and not much control over how things are moved for manufacturers and sellers. But there are chances to make things better like delivering things to people's homes, using robots to move things, spending less money, and making things move faster by using different ways of moving them. Taking advantage of these chances can help the global FMCG logistics market grow, making it easier to move things around and meet what customers want.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Fmcg Logistics Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global 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.
Drivers of the Global Fmcg Logistics Market
The FMCG markets becoming global means more trading across borders. This gives logistics companies chances to offer ways to ship things internationally.
Restraints in the Global Fmcg Logistics Market
Changes in fuel prices, how much workers get paid, and rules from the government can make it harder to pay for logistics, which can affect how much money is made.
Market Trends of the Global Fmcg Logistics Market
Because online shopping is growing quickly, there's more need for good FMCG logistics to deliver things to people's homes and handle lots of packages.