FMCG Logistics Market Strategies, Top Players, Growth Opportunities, Analysis and Forecast by 2031

The FMCG logistics market is expected to register a CAGR of 4.7% during 2023–2031. There is an evolution in e- commerce in the FMCG industry is likely to be growing trend in the FMCG logistics market.

FMCG Logistics Market Analysis

There has been rapid growth in the FMCG Logistic Industry. It is influenced by a few major factors, such as developments in e-commerce, changing preferences and demands of consumers, rising disposable income, changing lifestyle and urbanization, and population growth, among others. This increases demand for efficient and streamlined logistics solutions to meet efficient delivery expectations from suppliers to end consumers.  There has been an increase in consumer expectations regarding the availability of products and services in physical stores near them and online retailers. Fast Moving Consumer Goods company manufacturers rely on logistic companies with fast shipping and store deliveries. This includes all the activities comprising supply chain, inventory management, agility in the distribution network, systematic warehouse management system, demand forecasting, and value-added services to meet changing customer demand with minimum cost and assured product freshness and quality.

FMCG Logistics Market Overview

The FMCG logistics sector is constantly changing to fulfill the expectations of both consumers and business entities in the fast-paced world. Due to evolving consumer demands, the FMCG logistics industry demands increased efficiency and sustainability to maintain competitiveness. Fast-moving consumer goods (FMCG) is one of the largest and highly evolving customer-centric industries worldwide. From our morning showers to breakfast, snacks and dinner until we fall asleep, our worlds revolve around consumer goods.

The industry today is constantly being influenced by ever-changing consumer preferences and new technologies. Customers demand innovative products, which means production in high volumes quickly. In developing economy, consumers are also spending more, which brings need for smart supply chain and logistics. FMCG industry and logistic is interdependent on each other. Moreover, FMCG has heavy reliance on it to meet and retain its customer expectations.

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FMCG Logistics Market: Strategic Insights

FMCG Logistics Market

• Market Size 2023
  US$ XX Million
• Market Size 2031
  US$ XX Million

Market Dynamics

GROWTH DRIVERS

• Increase In Disposable Income of Consumers

FUTURE TRENDS

• Rural Penetration

OPPORTUNITIES

• Evolution in E- commerce in the FMCG Industry

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

Product Type

• Food and Beverage
• Personal Care
• Household Care

Service Type

• Transportation
• Warehousing
• Value-Added Services

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FMCG Logistics Market Drivers and Opportunities

Increase In Disposable Income of Consumers

Rise in disposable income of peoples increases purchasing power of buyers which ultimately increasing spending capacity and commitment to healthy living enhances lifestyle Consumers have become more aware of choices and change preferences than just necessity with evolving trends. Market is customer centric. This pushes demand for diverse FMCG products. According to the IBEF, the ease of internet buying, along with appealing discounts and incentives, has aided the FMCG industry’s expansion. This brings a huge opportunity for the FMCG companies.

Rural Penetration

The key market players operating in the market are focusing to increase their network in rural areas. Such market trend is anticipated to create lucrative opportunities for the FMCG logistics market. For instance, in October 2023, CJ Darcl Logistics Limited, one of the key logistics companies in India, has signed a MoU with Tata Motors Limited, a strategic partnership to strengthen and enhance CJ Darcl’s fleet of vehicles and explore logistics service options.

FMCG Logistics Market Report Segmentation Analysis

Key segments that contributed to the derivation of the FMCG logistics market analysis are product type, and service type.

• Based on product type, the FMCG logistics market is divided into Food and Beverage, Personal Care, Household Care, and Others.
• On the basis of service type, the market is divided into Transportation, Warehousing, Value-Added Services.

FMCG Logistics Market Share Analysis by Geography

FMCG Logistics Market Report comprises a detailed analysis of five major geographic regions, which includes current and historical market size and forecasts for 2021 to 2031, covering North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America. Each region is further sub-segmented into respective countries. This report provides analysis and forecasts of 18+ countries, covering FMCG logistics market dynamics such as drivers, trends, and opportunities that are impacting the markets at the regional level. Also, the report covers PEST analysis, which involves the study of major factors that influence the FMCG logistics market in these regions.

FMCG Logistics Market Market Report Scope

FMCG Logistics Market News and Recent Developments

The FMCG logistics market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the FMCG logistics market are listed below:

• CJ Darcl Logistics Limited (“CJ Darcl”), a diversified logistics company in India, signs a Memorandum of Understanding (MoU) with Tata Motors Limited (“Tata Motors”), strategic engagement to strengthen and enhance CJ Darcl’s fleet of vehicles and explore options of logistics services. The MoU was signed on 11th October 2023, in the presence of Mr. Krishan Kumar Agarwal, Managing Director of CJ Darcl Logistics Limited; Mr. Kang Sin Ho, CEO of CJ Logistics Corporation; Mr. Girish Wagh, Executive Director of Tata Motors Limited and Mr. Rajesh Kaul, Vice President & Business Head – Trucks, Tata Motors. (Source: CJ Darcl Logistics Limited, Company Website, October 2023)

FMCG Logistics Market Report Coverage and Deliverables

The “FMCG Logistics Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

• FMCG logistics market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
• FMCG logistics market trends as well as market dynamics such as drivers, restraints, and key opportunities
• Detailed PEST/Porter’s Five Forces and SWOT analysis
• FMCG logistics market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
• Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the FMCG logistics market
• Detailed company profiles