FMCG logistics market size worth $131.54 billion, worldwide by 2028…

FMCG logistics market size worth $131.54 billion, worldwide by 2028…

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PUNE, India, February 27, 2023 (GLOBE NEWSWIRE) — The global FMCG logistics market Size was USD 103.57 billion in 2020. The market is expected to grow from USD 105.85 billion in 2021 to USD 131.54 billion in 2028 at a CAGR of 3.15% over the period 2021-2028 . Fortune Business Insights™ publishes this information in its report titled “FMCG Logistics Market, 2021-2028.”

According to our analysts, proper management through the supply chain activities in each region, warehousing and transportation services helps the FMCG logistics industry achieve its business objective.

industry development

May 2021: SupplyOn, the supply chain business network for the automotive, aerospace, rail and manufacturing industries, has been recognized as a Leader in the Gartner Magic Quadrant “Multienterprise Supply Chain Business Networks” for the third year in a row.

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Report Highlights:

report coverage details
forecast period 2021-2028
Forecast period 2021 to 2028 CAGR 3.15%
Value prognosis 2028 $131.54 billion
base year 2020
Market size in 2020 $103.57 billion
Historical data for 2017-2019
number of pages 150
segments covered FMCG Logistics Market Size, Share, and COVID-19 Impact Analysis, by Mode of Transport (Rail, Air, Road, and Sea), by Product Type (Food & Beverage, Personal Care, Household Care, and Other Consumables)
growth accelerator Increase in implementation of IoT-enabled connected devices to drive market growth
Collaboration between companies to protect their brand values ​​in the global marketplace

driver and restraint systems

Advancing technological movements and their adoption in FMCG applications have completely transformed the FMCG logistics market. Companies have started to prepare their FMCG supply chain by integrating emerging technologies such as IoT, analytics, big data and robotics.

The use of modern technologies in logistics, such as B. drone delivery, has…

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