Global Consumer Packaged Goods (CPG) Logistics Market Overview:
Consumer Packaged Goods are fast-moving items that are usually consumed on a daily basis. These goods are basic commodities easily used up, constantly replaced and sold at a low cost. Consumer Packaged Goods (CPG) logistics involves all aspects of management and transportation of Consumer Packaged Goods to ensure the prompt arrival to retailers without any damages. It encompasses a variety of solutions ranging from the pickup, loading or unloading to the actual transportation or delivery of CPGs. CPG logistics is a corporate process which includes the managing and shipping of consumer-packaged goods from the source to the destination. It is an essential part of supply chain management and provides various services.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Rapid Growth in the E-Commerce Industry
Market Growth Drivers:
Increase in Outsourcing of Logistics Services and Increasing Demand of Online Products
Challenges:
High Operational Expenses
Restraints:
Shortage of Transportation Facilities and Dominance of Integrated Service Providers
Opportunities:
Growing Demand from Online Retail Sector
Competitive Landscape:
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain competitive advantage through combined collaborations.
Some of the key players profiled in the report are FedEx (United States), UTi Worldwide (United States), Ryder System (United States), CEVA Holdings (Switzerland), Agility Logistics (Switzerland), Schneider National (United States), APL Logistics (Singapore), Nippon Express (Japan), Panalpina (Switzerland), DB Schenker (Germany) and Geodis (France). Additionally, following companies can also be profiled that are part of our coverage like Linfox (Australia) and Kuehne + Nagel (Switzerland). Analyst at AMA Research see Swiss and United States Manufacturers to retain maximum share of Global Consumer Packaged Goods (CPG) Logistics market by 2028.
Considering Market by , the sub-segment i.e. will boost the Consumer Packaged Goods (CPG) Logistics market.Latest Market Insights:
April 2, 2019: New partnership between GEODIS and Electrolux to optimize the logistics distribution of the household appliance giant in Italy. This partnership allows us to offer innovative and flexible logistics solutions, and to answer efficiently to the digital development of our customers and final consumers.
February 27, 2019: FedEx Unveils Autonomous Delivery Robot. It is an autonomous delivery device designed to help retailers make same-day and last-mile deliveries to their customers. With the bot, retailers will be able to accept orders from nearby customers and deliver them by bot directly to customers’ homes or businesses the same day.
What Can be Explored with the Consumer Packaged Goods (CPG) Logistics Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Consumer Packaged Goods (CPG) Logistics Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Consumer Packaged Goods (CPG) Logistics
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Consumer Packaged Goods (CPG) Logistics market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Consumer Packaged Goods (CPG) Logistics market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers of Consumer Packaged Goods, Suppliers of Consumer Packaged Goods, Wholesalers, Distributors and Retailers of Consumer Packaged Goods, Logistics Service Providers and Governmental Bodies.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.