Stratistics MRC’s Global Fast Moving Consumer Goods (FMCG) Logistics Market value is expected to reach $1,813.08 billion growing at a CAGR of 6.1% during 2023-2030.
FMCG logistics management is centered on the effectiveness and efficiency of daily tasks involving the movement of consumable goods from one location to another. A common definition of logistics is the coordination and movement of resources, such as tools, supplies, food, liquids, inventory, materials, and other goods, from one location to a storage facility or other desired location. It involves controlling the movement of goods from one point of origin to the point of consumption in order to satisfy customer demands.
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North America is predicted to experience profitable growth as a result of the region’s abundance of diverse coastlines and cruising locations. One of the key factors driving this region’s growth is the increasing demand for green logistics to address growing environmental concerns. As the use of electric vehicles in the area rises, low-emission FMCG logistics are growing. Over the forecast period, these factors are anticipated to benefit the region.
Some of the key players profiled in the Fast Moving Consumer Goods (FMCG) Logistics Market include A.P. Moller – Maersk, Bollore Logistics, C.H. Robinson, Ceva Logistics, DB Schenker, DHL Group, DSV Solutions , FedEx Corp, FM Logistic, Geodis, Hellmann Worlwide Logistics, Kenco Logistics, Kuehne + Nagel, Landstar System Holdings, Inc., Nippon Express Holdings, Inc., Penske Logistics, Rhenus Logistics, Schenker AG, United Parcel Service, Inc. (UPS) and XPO Logistics, Inc.
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Key Developments:
In June 2023, Shippo, a leading shipping platform for growing e-commerce businesses, announced that it is the first multi-carrier shipping company to receive a Platform Account from FedEx. With this agreement, Shippo can now offer U.S.-based merchants special discounted FedEx shipping services – including FedEx Ground Economy and FedEx International Connect Plus (FICP) – directly from its platform.
In June 2023, French contract logistics provider, FM Logistic, inaugurated its first Control Tower (CT) facility in Pune. The Control Tower is part of FM’s strategy to enhance its 4PL and LLP offering.
In June 2023, Hellmann Worldwide Logistics acquires PKZ Group, its long-standing air- and seafreight partner in Slovakia and the Czech Republic, and at the same time establishes its own Slovakian national company. With the acquisition of the 10 locations of the PKZ Group, Hellmann closes a gap in its existing road network in the partial and full load segment, enabling sustainable growth in this existing product segment.
What our report offers:
– Market share assessments for the regional and country-level segments
– Strategic recommendations for the new entrants
– Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements
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