The FMCG logistic market is set to progress at a CAGR of 4.1% through 2034. The eCommerce sector within FMCG logistics is shaking the demand. The propulsion of the retail sector bodes well for FCMG logistics. Moreover, the adoption of green logistic practices is giving an eco-friendly look to the market. Following these trends, market players can expect the market to rise from USD 117.1 billion in 2024 to USD 175.0 billion by 2034
Attributes | Details |
---|---|
FMCG Logistic Market Size, 2024 | USD 117.1 billion |
Market Size, 2034 | USD 175.0 billion |
Value CAGR (2024 to 2034) | 4.1% |
Expansion of the eCommerce industry and developments
Rapid expansion of the eCommerce industry is pushing the FMCG logistics market forward. Consumer preferences are moving toward online shopping for FMCG products in the current period. Several investors are increasingly investing in the industry as a result of this shift. With the integration of better technology and convenience, the market is anticipated to gain much potential during the forecast period.
Activities related to research and development are growing across the world, and the FMCG industry is no exception. FMCG companies are actively investing in research and development activities to provide convenience to their consumers.
Furthermore, urbanization is making a significant contribution to multiplying the market share in the industry. As more people move to urban areas, the demand for products such as packaged beverages, food, and others keeps on going.
Disposable Income and Retail Industry Landscape
The rate of disposable income among middle-class people is on the rise. Individuals are spending money on beverages, personal care products, and others significantly, which is ominously contributing to market growth.
Furthermore, lifestyle changes of contemporary people are also making a significant contribution to market share during the forecast period. For instance, working professionals, millennials, and Gen Z populations prefer ready-to-eat meals and snacks. Therefore, the demand for FMCG logistic services is increasing.
The retail landscape is changing considerably in the current period. By offering a wide range of FMCG products, retailers such as supermarkets, hypermarkets, and online stores have become popular in recent years. Considering the hype of the retail segment, there could be a high demand for FMCG logistics over the period.
Attributes | Details |
---|---|
Mode of Transportation | Roadways |
Market CAGR from 2024 to 2034 | 3.9% |
With the need for efficient and timely deliveries of consumer goods, the roadway mode of transportation is becoming increasingly popular for logistic providers. To make transportation more reliable and efficient, logistics providers are moving their preferences toward roadway transportation.
Technological advancements are also contributing to the segment's growth. Market players are integrating the latest technologies, such as real-time tracking and AI, to make roadway transportation more competent.
Attributes | Details |
---|---|
Product Type | Food & Beverages |
Market CAGR from 2024 to 2034 | 3.7% |
The rise of eCommerce and online food delivery is carrying the segment’s growth upward. People are increasingly ordering food through online platforms. Thus, the demand for FMCG logistic services is at its peak in this field. The perishable nature of foods is giving the segment an edge in the current period, as food products require special transportation.
Countries | CAGR from 2024 to 2034 |
---|---|
United States | 4.3% |
China | 4.8% |
United Kingdom | 5.1% |
Japan | 5.6% |
South Korea | 6.0% |
The United States has a well-known retail market in the world, with key players like Walmart operating here. According to our source, total retail sales reached USD 7.24 trillion in 2023 in the United States. There is a huge need for greater logistics, as retailers in the United States are expanding their product offerings and their footprints in the country.
FMCG companies are increasingly investing in sustainable supply chains to reduce carbon footprints and make the industry more eco-friendly in the country.
The development of new and innovative technology in the transportation sector has been seen in the United States. Logistics and suppliers are upgrading their systems with the integration of AI, the Internet of Things, and blockchains to improve supply visibility and reduce costs.
The FMCG logistics market in China has witnessed steady growth in recent years. Massive investment in FMCG logistics in China is currently being observed. As a technologically advanced country, logistics providers are increasingly improving their services with advanced technology in China.
The expansion of the eCommerce industry in China is leading to market growth. Services such as rapid home deliveries are gaining popularity in the country. Moreover, the government of China is actively improving the logistic infrastructure in the country, including ports, railways, and highways.
Changing preferences toward green logistics in the United Kingdom are a key market trend. The government in the United Kingdom is actively promoting sustainability initiatives in the current period. Thus, logistic providers are searching for innovative ways to cope with these initiatives in their services without harming the environment.
The FMCG packaging industry in the United Kingdom is on the rise, which is positively impacting the market. In urban areas, the adoption of the latest technologies in packaging and transportation has been seen in the United Kingdom. The trend of online shopping has gained much popularity in the country, sparking market growth.
Demand for convenience products has increased over the years in Japan. The delivery needs for these products are fueled by the FMCG market growth in the country. Research and development activities are rapidly growing in the region to maintain innovative standards and meet the changing needs of consumers.
FMCG companies in South Korea are actively looking to develop products that are eco-friendly as the government is implementing sustainability and eco-friendly initiatives in the country. Individuals are seeking instant deliveries of their products. Thus, logistics providers are focusing on improving their services according to consumer preferences.
Market players are looking to improvising consumer experience by implementing new marketing strategies. The market is anticipated to gain exponential growth during the forecast period owing to innovations and research activities by top players. These players are investing in their logistics services to improve their services and gain maximum share in the market.
Many governments and governmental bodies are offering financial support to logistics providers to boost their research and development activities. Several strategies, like partnerships, mergers, and acquisitions, are changing the market landscape by disrupting traditional logistics methods and introducing unique methods.
Partnerships and Collaborations
In 2023, C.H. Robinson Worldwide, Inc. formed a strategic partnership with Waymo Via with the aim of driving the development of autonomous trucking solutions for supply chain management. This partnership plans to bring about significant advancements in the field of self-driving technology, particularly for long-haul trucking.
Through this collaboration, C.H. Robinson and Waymo Via are going to work together to explore new possibilities for integrating autonomous technology into the logistics industry. The ultimate motive is to improve efficiency, reduce costs, and enhance safety across the supply chain.
Recent Developments
Table 1: Global Market Value (US$ Million) Forecast by Region, 2019 to 2034
Table 2: Global Market Value (US$ Million) Forecast by Product Type, 2019 to 2034
Table 3: Global Market Value (US$ Million) Forecast by Mode of Transportation, 2019 to 2034
Table 4: North America Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 5: North America Market Value (US$ Million) Forecast by Product Type, 2019 to 2034
Table 6: North America Market Value (US$ Million) Forecast by Mode of Transportation, 2019 to 2034
Table 7: Latin America Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 8: Latin America Market Value (US$ Million) Forecast by Product Type, 2019 to 2034
Table 9: Latin America Market Value (US$ Million) Forecast by Mode of Transportation, 2019 to 2034
Table 10: Western Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 11: Western Europe Market Value (US$ Million) Forecast by Product Type, 2019 to 2034
Table 12: Western Europe Market Value (US$ Million) Forecast by Mode of Transportation, 2019 to 2034
Table 13: Eastern Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 14: Eastern Europe Market Value (US$ Million) Forecast by Product Type, 2019 to 2034
Table 15: Eastern Europe Market Value (US$ Million) Forecast by Mode of Transportation, 2019 to 2034
Table 16: South Asia and Pacific Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 17: South Asia and Pacific Market Value (US$ Million) Forecast by Product Type, 2019 to 2034
Table 18: South Asia and Pacific Market Value (US$ Million) Forecast by Mode of Transportation, 2019 to 2034
Table 19: East Asia Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 20: East Asia Market Value (US$ Million) Forecast by Product Type, 2019 to 2034
Table 21: East Asia Market Value (US$ Million) Forecast by Mode of Transportation, 2019 to 2034
Table 22: Middle East and Africa Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 23: Middle East and Africa Market Value (US$ Million) Forecast by Product Type, 2019 to 2034
Table 24: Middle East and Africa Market Value (US$ Million) Forecast by Mode of Transportation, 2019 to 2034
Figure 1: Global Market Value (US$ Million) by Product Type, 2024 to 2034
Figure 2: Global Market Value (US$ Million) by Mode of Transportation, 2024 to 2034
Figure 3: Global Market Value (US$ Million) by Region, 2024 to 2034
Figure 4: Global Market Value (US$ Million) Analysis by Region, 2019 to 2034
Figure 5: Global Market Value Share (%) and BPS Analysis by Region, 2024 to 2034
Figure 6: Global Market Y-o-Y Growth (%) Projections by Region, 2024 to 2034
Figure 7: Global Market Value (US$ Million) Analysis by Product Type, 2019 to 2034
Figure 8: Global Market Value Share (%) and BPS Analysis by Product Type, 2024 to 2034
Figure 9: Global Market Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034
Figure 10: Global Market Value (US$ Million) Analysis by Mode of Transportation, 2019 to 2034
Figure 11: Global Market Value Share (%) and BPS Analysis by Mode of Transportation, 2024 to 2034
Figure 12: Global Market Y-o-Y Growth (%) Projections by Mode of Transportation, 2024 to 2034
Figure 13: Global Market Attractiveness by Product Type, 2024 to 2034
Figure 14: Global Market Attractiveness by Mode of Transportation, 2024 to 2034
Figure 15: Global Market Attractiveness by Region, 2024 to 2034
Figure 16: North America Market Value (US$ Million) by Product Type, 2024 to 2034
Figure 17: North America Market Value (US$ Million) by Mode of Transportation, 2024 to 2034
Figure 18: North America Market Value (US$ Million) by Country, 2024 to 2034
Figure 19: North America Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 20: North America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 21: North America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 22: North America Market Value (US$ Million) Analysis by Product Type, 2019 to 2034
Figure 23: North America Market Value Share (%) and BPS Analysis by Product Type, 2024 to 2034
Figure 24: North America Market Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034
Figure 25: North America Market Value (US$ Million) Analysis by Mode of Transportation, 2019 to 2034
Figure 26: North America Market Value Share (%) and BPS Analysis by Mode of Transportation, 2024 to 2034
Figure 27: North America Market Y-o-Y Growth (%) Projections by Mode of Transportation, 2024 to 2034
Figure 28: North America Market Attractiveness by Product Type, 2024 to 2034
Figure 29: North America Market Attractiveness by Mode of Transportation, 2024 to 2034
Figure 30: North America Market Attractiveness by Country, 2024 to 2034
Figure 31: Latin America Market Value (US$ Million) by Product Type, 2024 to 2034
Figure 32: Latin America Market Value (US$ Million) by Mode of Transportation, 2024 to 2034
Figure 33: Latin America Market Value (US$ Million) by Country, 2024 to 2034
Figure 34: Latin America Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 35: Latin America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 36: Latin America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 37: Latin America Market Value (US$ Million) Analysis by Product Type, 2019 to 2034
Figure 38: Latin America Market Value Share (%) and BPS Analysis by Product Type, 2024 to 2034
Figure 39: Latin America Market Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034
Figure 40: Latin America Market Value (US$ Million) Analysis by Mode of Transportation, 2019 to 2034
Figure 41: Latin America Market Value Share (%) and BPS Analysis by Mode of Transportation, 2024 to 2034
Figure 42: Latin America Market Y-o-Y Growth (%) Projections by Mode of Transportation, 2024 to 2034
Figure 43: Latin America Market Attractiveness by Product Type, 2024 to 2034
Figure 44: Latin America Market Attractiveness by Mode of Transportation, 2024 to 2034
Figure 45: Latin America Market Attractiveness by Country, 2024 to 2034
Figure 46: Western Europe Market Value (US$ Million) by Product Type, 2024 to 2034
Figure 47: Western Europe Market Value (US$ Million) by Mode of Transportation, 2024 to 2034
Figure 48: Western Europe Market Value (US$ Million) by Country, 2024 to 2034
Figure 49: Western Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 50: Western Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 51: Western Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 52: Western Europe Market Value (US$ Million) Analysis by Product Type, 2019 to 2034
Figure 53: Western Europe Market Value Share (%) and BPS Analysis by Product Type, 2024 to 2034
Figure 54: Western Europe Market Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034
Figure 55: Western Europe Market Value (US$ Million) Analysis by Mode of Transportation, 2019 to 2034
Figure 56: Western Europe Market Value Share (%) and BPS Analysis by Mode of Transportation, 2024 to 2034
Figure 57: Western Europe Market Y-o-Y Growth (%) Projections by Mode of Transportation, 2024 to 2034
Figure 58: Western Europe Market Attractiveness by Product Type, 2024 to 2034
Figure 59: Western Europe Market Attractiveness by Mode of Transportation, 2024 to 2034
Figure 60: Western Europe Market Attractiveness by Country, 2024 to 2034
Figure 61: Eastern Europe Market Value (US$ Million) by Product Type, 2024 to 2034
Figure 62: Eastern Europe Market Value (US$ Million) by Mode of Transportation, 2024 to 2034
Figure 63: Eastern Europe Market Value (US$ Million) by Country, 2024 to 2034
Figure 64: Eastern Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 65: Eastern Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 66: Eastern Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 67: Eastern Europe Market Value (US$ Million) Analysis by Product Type, 2019 to 2034
Figure 68: Eastern Europe Market Value Share (%) and BPS Analysis by Product Type, 2024 to 2034
Figure 69: Eastern Europe Market Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034
Figure 70: Eastern Europe Market Value (US$ Million) Analysis by Mode of Transportation, 2019 to 2034
Figure 71: Eastern Europe Market Value Share (%) and BPS Analysis by Mode of Transportation, 2024 to 2034
Figure 72: Eastern Europe Market Y-o-Y Growth (%) Projections by Mode of Transportation, 2024 to 2034
Figure 73: Eastern Europe Market Attractiveness by Product Type, 2024 to 2034
Figure 74: Eastern Europe Market Attractiveness by Mode of Transportation, 2024 to 2034
Figure 75: Eastern Europe Market Attractiveness by Country, 2024 to 2034
Figure 76: South Asia and Pacific Market Value (US$ Million) by Product Type, 2024 to 2034
Figure 77: South Asia and Pacific Market Value (US$ Million) by Mode of Transportation, 2024 to 2034
Figure 78: South Asia and Pacific Market Value (US$ Million) by Country, 2024 to 2034
Figure 79: South Asia and Pacific Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 80: South Asia and Pacific Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 81: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 82: South Asia and Pacific Market Value (US$ Million) Analysis by Product Type, 2019 to 2034
Figure 83: South Asia and Pacific Market Value Share (%) and BPS Analysis by Product Type, 2024 to 2034
Figure 84: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034
Figure 85: South Asia and Pacific Market Value (US$ Million) Analysis by Mode of Transportation, 2019 to 2034
Figure 86: South Asia and Pacific Market Value Share (%) and BPS Analysis by Mode of Transportation, 2024 to 2034
Figure 87: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Mode of Transportation, 2024 to 2034
Figure 88: South Asia and Pacific Market Attractiveness by Product Type, 2024 to 2034
Figure 89: South Asia and Pacific Market Attractiveness by Mode of Transportation, 2024 to 2034
Figure 90: South Asia and Pacific Market Attractiveness by Country, 2024 to 2034
Figure 91: East Asia Market Value (US$ Million) by Product Type, 2024 to 2034
Figure 92: East Asia Market Value (US$ Million) by Mode of Transportation, 2024 to 2034
Figure 93: East Asia Market Value (US$ Million) by Country, 2024 to 2034
Figure 94: East Asia Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 95: East Asia Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 96: East Asia Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 97: East Asia Market Value (US$ Million) Analysis by Product Type, 2019 to 2034
Figure 98: East Asia Market Value Share (%) and BPS Analysis by Product Type, 2024 to 2034
Figure 99: East Asia Market Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034
Figure 100: East Asia Market Value (US$ Million) Analysis by Mode of Transportation, 2019 to 2034
Figure 101: East Asia Market Value Share (%) and BPS Analysis by Mode of Transportation, 2024 to 2034
Figure 102: East Asia Market Y-o-Y Growth (%) Projections by Mode of Transportation, 2024 to 2034
Figure 103: East Asia Market Attractiveness by Product Type, 2024 to 2034
Figure 104: East Asia Market Attractiveness by Mode of Transportation, 2024 to 2034
Figure 105: East Asia Market Attractiveness by Country, 2024 to 2034
Figure 106: Middle East and Africa Market Value (US$ Million) by Product Type, 2024 to 2034
Figure 107: Middle East and Africa Market Value (US$ Million) by Mode of Transportation, 2024 to 2034
Figure 108: Middle East and Africa Market Value (US$ Million) by Country, 2024 to 2034
Figure 109: Middle East and Africa Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 110: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 111: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 112: Middle East and Africa Market Value (US$ Million) Analysis by Product Type, 2019 to 2034
Figure 113: Middle East and Africa Market Value Share (%) and BPS Analysis by Product Type, 2024 to 2034
Figure 114: Middle East and Africa Market Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034
Figure 115: Middle East and Africa Market Value (US$ Million) Analysis by Mode of Transportation, 2019 to 2034
Figure 116: Middle East and Africa Market Value Share (%) and BPS Analysis by Mode of Transportation, 2024 to 2034
Figure 117: Middle East and Africa Market Y-o-Y Growth (%) Projections by Mode of Transportation, 2024 to 2034
Figure 118: Middle East and Africa Market Attractiveness by Product Type, 2024 to 2034
Figure 119: Middle East and Africa Market Attractiveness by Mode of Transportation, 2024 to 2034
Figure 120: Middle East and Africa Market Attractiveness by Country, 2024 to 2034
The CAGR of the FMCG logistic market in the United States from 2024 to 2034 is estimated to be 4.3%.
The FMCG logistic market is expected to develop at a CAGR of 4.1% from 2024 to 2034.
The FMCG Logistic Market size is expected to be worth USD 117.1 billion in 2024.
The CAGR of the FMCG logistic market in China from 2024 to 2034 is estimated to be 4.8%.
The FMCG logistic market is estimated to get as big as USD 10.7 billion in 2034.
The FMCG logistic market can be divided by mode of transportation, product type, and region.
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