FMCG Logistics Market In Europe to exhibit growth at a CAGR of 4% through 2023-2027

The FMCG logistics market in Europe is a billion-dollar sector. It is estimated in the next five years it will stand at a revenue growth of USD 40.18 Bn with an accelerating market growth at a CAGR of 4%. The adoption of technology in the logistics industry, the growing FMCG industry in Europe, and the growing e-commerce market in Europe are the major factors behind this market widening.

Technavio's report provides a detailed study of all the factors that are likely to boost the market. An understanding of the key drivers will enable clients to leverage growth opportunities to their advantage with a view to short-term and long-term business goals.

FMCG Logistics Market In Europe: Market Segment Analysis

• FMCG Logistics Market In Europe is classified by service (transportation, warehousing, and VAS), and product (food and beverages, personal and beauty care, health and hygiene care, and home care).
• When it comes to the fastest growing segment the transportation segment will be significant during the forecast period as it takes into account things like the best delivery route, the safest item packaging, and the most suitable form of transportation. 
• Technological advances are transforming the FMCG supply chain in Europe as Logistics players are increasingly adopting new-age technologies such as IoT, robotics, analytics, and big data to streamline the overall FMCG supply chain.

FMCG Logistics Market In Europe~ Market Segment Analysis

FMCG Logistics Market In Europe: Core Companies 

Companies are strategizing partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their market presence and capitalize on this market growth. Agility Public Warehousing Co. K.S.C.P, Bertelsmann SE and Co. KGaA, Brambles Ltd., C H Robinson Worldwide Inc., CEVA Logistics AG, DACHSER SE, Deutsche Bahn AG, Deutsche Post AG, DSV AS, FedEx Corp., Kuehne Nagel Management AG, Nippon Express Holdings Inc., etc are some of the major market players worth mentioning. Our report comes with qualitative and quantitative analyses of companies with a wider understanding of the business ecosystem. Download our report for more insights.

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