FMCG Logistics Market Industry Share, Size: 2024 Growth, Segments and Forecast - 2031
The global FMCG logistics market is anticipated to grow at a considerable CAGR of 4.6% during the forecast period (2024-2031). The rapid increase in the penetration of e-commerce in FMCG sector will drive the market growth. The e-commerce refers to the purchase and sale of products over the internet. Its potential to provide transparency of inventory status, projected delivery date, and a range of shipping alternatives, including tracking and easy returns, is transforming the global retail business. Additionally, online grocery stores and merchants like Flipkart, Big Basket and Amazon make FMCG products more accessible to consumers by offering various discounts, festive deals, and same-day delivery options.
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Furthermore, the emergence of FMCG businesses' 'direct-to-consumer' strategy, wherein a consumer may order FMCG products directly to their homes through an internet channel, will fuel the market growth. As a result, consumer goods organizations and e-commerce platforms collaborate with logistics companies to deliver items more promptly and cost-effectively, propelling the FMCG logistics industry forward. For instance, in August 2020, Storia Food & Beverages Pvt Ltd, a new start-up in the food and beverage industry, announced the launch of its website - shop.storiafoods.com, a direct-to-consumer channel, to achieve a competitive advantage through online purchases in the context of changing customer behavior.
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Market Coverage
o By Type
o By Mode of Transportation
o By Service Type
o North America
o Europe
o Asia-Pacific
o Rest of the World
Key questions addressed by the report
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
Global FMCG Logistics Market Report by Segment
By Type
By Mode of Transportation
By Service Type
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