FMCG Logistics Market to cross $164.1 Bn by 2032, Says Global Market Insights Inc. [Yahoo! Finance]
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Source: Yahoo! Finance
The market is segmented by product types, including food & beverages, personal care, and household care, with the food & beverages segment holding over 40% of the market share. The transportation segment accounted for 35% of the market share in 2023, driven by the need for faster delivery and efficient supply chain management. The Asia-Pacific region, particularly China, is expected to drive growth, with the Chinese FMCG logistics market projected to reach $13.7 billion by 2032. Major FMCG logistics market participants include C.H. Robinson, CEVA Logistics, DB Schenker, DHL Supply Chain, DSV, FedEx, Geodis, Kuehne + Nagel, UPS, XPO Logistics Selbyville, Delaware, Nov. 25, 2024 (GLOBE NEWSWIRE) -- The FMCG logistics market valuation is predicted to reach USD 164.1 billion by 2032, reported in a research analysis by Global Market Insights Inc. A key factor driving this growth is the rising demand for convenience among consumers. With changing preferences, businesses are modifyin
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