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 US$ 117.1 billion in 2024 to US$ 175.0 billion by 2034
Attributes | Details |
---|---|
FMCG Logistic Market Size, 2024 | US$ 117.1 billion |
Market Size, 2034 | US$ 175.0 billion |
Value CAGR (2024 to 2034) | 4.1% |
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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 US$ 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.
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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
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 US$ 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 US$ 10.7 billion in 2034.
The FMCG logistic market can be divided by mode of transportation, product type, and region.
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Investment Feasibility Matrix 3.5. PESTLE and Porter’s Analysis 3.6. Regulatory Landscape 3.6.1. By Key Regions 3.6.2. By Key Countries 3.7. Regional Parent Market Outlook 4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034 4.1. Historical Market Size Value (US$ Million) Analysis, 2019 to 2023 4.2. Current and Future Market Size Value (US$ Million) Projections, 2024 to 2034 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Product Type 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) Analysis By Product Type, 2019 to 2023 5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Product Type, 2024 to 2034 5.3.1. Food & Beverages 5.3.2. Personal Care 5.3.3. Household Care 5.3.4. Others 5.4. Y-o-Y Growth Trend Analysis By Product Type, 2019 to 2023 5.5. Absolute $ Opportunity Analysis By Product Type, 2024 to 2034 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Mode of Transportation 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) Analysis By Mode of Transportation, 2019 to 2023 6.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Mode of Transportation, 2024 to 2034 6.3.1. Railways 6.3.2. Airways 6.3.3. Roadways 6.3.4. Seaways 6.4. Y-o-Y Growth Trend Analysis By Mode of Transportation, 2019 to 2023 6.5. Absolute $ Opportunity Analysis By Mode of Transportation, 2024 to 2034 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region 7.1. Introduction 7.2. Historical Market Size Value (US$ Million) Analysis By Region, 2019 to 2023 7.3. Current Market Size Value (US$ Million) Analysis and Forecast By Region, 2024 to 2034 7.3.1. North America 7.3.2. Latin America 7.3.3. Western Europe 7.3.4. Eastern Europe 7.3.5. South Asia and Pacific 7.3.6. East Asia 7.3.7. Middle East and Africa 7.4. Market Attractiveness Analysis By Region 8. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 8.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023 8.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034 8.2.1. By Country 8.2.1.1. USA 8.2.1.2. Canada 8.2.2. By Product Type 8.2.3. By Mode of Transportation 8.3. Market Attractiveness Analysis 8.3.1. By Country 8.3.2. By Product Type 8.3.3. By Mode of Transportation 8.4. Key Takeaways 9. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 9.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023 9.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034 9.2.1. By Country 9.2.1.1. Brazil 9.2.1.2. Mexico 9.2.1.3. Rest of Latin America 9.2.2. By Product Type 9.2.3. By Mode of Transportation 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Product Type 9.3.3. By Mode of Transportation 9.4. Key Takeaways 10. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 10.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023 10.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034 10.2.1. By Country 10.2.1.1. Germany 10.2.1.2. UK 10.2.1.3. France 10.2.1.4. Spain 10.2.1.5. Italy 10.2.1.6. Rest of Western Europe 10.2.2. By Product Type 10.2.3. By Mode of Transportation 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Product Type 10.3.3. By Mode of Transportation 10.4. Key Takeaways 11. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 11.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023 11.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034 11.2.1. By Country 11.2.1.1. Poland 11.2.1.2. Russia 11.2.1.3. Czech Republic 11.2.1.4. Romania 11.2.1.5. Rest of Eastern Europe 11.2.2. By Product Type 11.2.3. By Mode of Transportation 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Product Type 11.3.3. By Mode of Transportation 11.4. Key Takeaways 12. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 12.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023 12.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034 12.2.1. By Country 12.2.1.1. India 12.2.1.2. Bangladesh 12.2.1.3. Australia 12.2.1.4. New Zealand 12.2.1.5. Rest of South Asia and Pacific 12.2.2. By Product Type 12.2.3. By Mode of Transportation 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Product Type 12.3.3. By Mode of Transportation 12.4. Key Takeaways 13. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 13.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023 13.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034 13.2.1. By Country 13.2.1.1. China 13.2.1.2. Japan 13.2.1.3. South Korea 13.2.2. By Product Type 13.2.3. By Mode of Transportation 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Product Type 13.3.3. By Mode of Transportation 13.4. Key Takeaways 14. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 14.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023 14.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034 14.2.1. By Country 14.2.1.1. GCC Countries 14.2.1.2. South Africa 14.2.1.3. Israel 14.2.1.4. Rest of MEA 14.2.2. By Product Type 14.2.3. By Mode of Transportation 14.3. Market Attractiveness Analysis 14.3.1. By Country 14.3.2. By Product Type 14.3.3. By Mode of Transportation 14.4. Key Takeaways 15. Key Countries Market Analysis 15.1. USA 15.1.1. Market Share Analysis, 2023 15.1.1.1. By Product Type 15.1.1.2. By Mode of Transportation 15.2. Canada 15.2.1. Market Share Analysis, 2023 15.2.1.1. By Product Type 15.2.1.2. By Mode of Transportation 15.3. Brazil 15.3.1. Market Share Analysis, 2023 15.3.1.1. By Product Type 15.3.1.2. By Mode of Transportation 15.4. Mexico 15.4.1. Market Share Analysis, 2023 15.4.1.1. By Product Type 15.4.1.2. By Mode of Transportation 15.5. Germany 15.5.1. Market Share Analysis, 2023 15.5.1.1. By Product Type 15.5.1.2. By Mode of Transportation 15.6. UK 15.6.1. Market Share Analysis, 2023 15.6.1.1. By Product Type 15.6.1.2. By Mode of Transportation 15.7. France 15.7.1. Market Share Analysis, 2023 15.7.1.1. By Product Type 15.7.1.2. By Mode of Transportation 15.8. Spain 15.8.1. Market Share Analysis, 2023 15.8.1.1. By Product Type 15.8.1.2. By Mode of Transportation 15.9. Italy 15.9.1. Market Share Analysis, 2023 15.9.1.1. By Product Type 15.9.1.2. By Mode of Transportation 15.10. Poland 15.10.1. Market Share Analysis, 2023 15.10.1.1. By Product Type 15.10.1.2. By Mode of Transportation 15.11. Russia 15.11.1. Market Share Analysis, 2023 15.11.1.1. By Product Type 15.11.1.2. By Mode of Transportation 15.12. Czech Republic 15.12.1. Market Share Analysis, 2023 15.12.1.1. By Product Type 15.12.1.2. By Mode of Transportation 15.13. Romania 15.13.1. Market Share Analysis, 2023 15.13.1.1. By Product Type 15.13.1.2. By Mode of Transportation 15.14. India 15.14.1. Market Share Analysis, 2023 15.14.1.1. By Product Type 15.14.1.2. By Mode of Transportation 15.15. Bangladesh 15.15.1. Market Share Analysis, 2023 15.15.1.1. By Product Type 15.15.1.2. By Mode of Transportation 15.16. Australia 15.16.1. Market Share Analysis, 2023 15.16.1.1. By Product Type 15.16.1.2. By Mode of Transportation 15.17. New Zealand 15.17.1. Market Share Analysis, 2023 15.17.1.1. By Product Type 15.17.1.2. By Mode of Transportation 15.18. China 15.18.1. Market Share Analysis, 2023 15.18.1.1. By Product Type 15.18.1.2. By Mode of Transportation 15.19. Japan 15.19.1. Market Share Analysis, 2023 15.19.1.1. By Product Type 15.19.1.2. By Mode of Transportation 15.20. South Korea 15.20.1. Market Share Analysis, 2023 15.20.1.1. By Product Type 15.20.1.2. By Mode of Transportation 15.21. GCC Countries 15.21.1. Market Share Analysis, 2023 15.21.1.1. By Product Type 15.21.1.2. By Mode of Transportation 15.22. South Africa 15.22.1. Market Share Analysis, 2023 15.22.1.1. By Product Type 15.22.1.2. By Mode of Transportation 15.23. Israel 15.23.1. Market Share Analysis, 2023 15.23.1.1. By Product Type 15.23.1.2. By Mode of Transportation 16. Market Structure Analysis 16.1. Competition Dashboard 16.2. Competition Benchmarking 16.3. Market Share Analysis of Top Players 16.3.1. By Regional 16.3.2. By Product Type 16.3.3. By Mode of Transportation 17. Competition Analysis 17.1. Competition Deep Dive 17.1.1. C.H. Robinson Worldwide Inc. 17.1.1.1. Overview 17.1.1.2. Product Portfolio 17.1.1.3. Profitability by Market Segments 17.1.1.4. Sales Footprint 17.1.1.5. Strategy Overview 17.1.1.5.1. Marketing Strategy 17.1.2. United Parcel Service, Inc. (UPS) 17.1.2.1. Overview 17.1.2.2. Product Portfolio 17.1.2.3. Profitability by Market Segments 17.1.2.4. Sales Footprint 17.1.2.5. Strategy Overview 17.1.2.5.1. Marketing Strategy 17.1.3. FedEx Corp 17.1.3.1. Overview 17.1.3.2. Product Portfolio 17.1.3.3. Profitability by Market Segments 17.1.3.4. Sales Footprint 17.1.3.5. Strategy Overview 17.1.3.5.1. Marketing Strategy 17.1.4. Deutsche Post AG 17.1.4.1. Overview 17.1.4.2. Product Portfolio 17.1.4.3. Profitability by Market Segments 17.1.4.4. Sales Footprint 17.1.4.5. Strategy Overview 17.1.4.5.1. Marketing Strategy 17.1.5. Kuehne+Nagel International AG 17.1.5.1. Overview 17.1.5.2. Product Portfolio 17.1.5.3. Profitability by Market Segments 17.1.5.4. Sales Footprint 17.1.5.5. Strategy Overview 17.1.5.5.1. Marketing Strategy 17.1.6. A.P. Moller - Maersk 17.1.6.1. Overview 17.1.6.2. Product Portfolio 17.1.6.3. Profitability by Market Segments 17.1.6.4. Sales Footprint 17.1.6.5. Strategy Overview 17.1.6.5.1. Marketing Strategy 17.1.7. Schenker AG 17.1.7.1. Overview 17.1.7.2. Product Portfolio 17.1.7.3. Profitability by Market Segments 17.1.7.4. Sales Footprint 17.1.7.5. Strategy Overview 17.1.7.5.1. Marketing Strategy 17.1.8. DSV Solutions 17.1.8.1. Overview 17.1.8.2. Product Portfolio 17.1.8.3. Profitability by Market Segments 17.1.8.4. Sales Footprint 17.1.8.5. Strategy Overview 17.1.8.5.1. Marketing Strategy 17.1.9. Nippon Express Holdings, Inc. 17.1.9.1. Overview 17.1.9.2. Product Portfolio 17.1.9.3. Profitability by Market Segments 17.1.9.4. Sales Footprint 17.1.9.5. Strategy Overview 17.1.9.5.1. Marketing Strategy 17.1.10. Landstar System Holdings, Inc. 17.1.10.1. Overview 17.1.10.2. Product Portfolio 17.1.10.3. Profitability by Market Segments 17.1.10.4. Sales Footprint 17.1.10.5. Strategy Overview 17.1.10.5.1. Marketing Strategy 18. Assumptions & Acronyms Used 19. Research Methodology
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