Home > Automotive > Automotive Logistics > Freight Logistics > FMCG Logistics Market

FMCG Logistics Market Size

Report ID: GMI11786
Published Date: Oct 2024
Report Format: PDF

Download Free Sample

FMCG Logistics Market Size

The global FMCG logistics market size was valued at USD 112.1 billion in 2023 and is projected to grow at a CAGR of 4.3% between 2024 and 2032. The increasing demand for convenience among consumers is a significant driver of the market. As preferences shift, businesses adapt their logistics strategies to incorporate on-demand delivery services and click-and-collect options, enhancing service flexibility. This trend pushes logistics providers to rethink supply chain operations, focusing on faster delivery times and improved customer experiences.

To get key market trends

Download Free Sample

The integration of technology is crucial to facilitating smooth transactions, thereby boosting customer satisfaction. For instance, in September 2024, Swiggy Instamart announced 24x7 free delivery services in select metro areas, targeting the festive season's heightened demand. The platform aims to deliver groceries and essentials within 10-15 minutes and has partnered with FMCG companies to enhance logistics capabilities. This collaboration seeks to capitalize on late-night and last-minute orders, ensuring convenience for consumers during this busy period.

FMCG Logistics Market Report Attributes
Report Attribute	Details
Base Year:	2023
FMCG Logistics Market Size in 2023:	USD 112.1 Billion
Forecast Period:	2024 - 2032
Forecast Period 2024 - 2032 CAGR:	4.3%
2032 Value Projection:	USD 164.1 Billion
Historical Data for:	2021 - 2023
No. of Pages:	200
Tables, Charts & Figures:	200
Segments covered:	Product, Service, Mode of Transportation
Growth Drivers:	Rising investment in Cold Chain Logistics Increased demand for convenience among consumers Technological advancements in logistic sector Increasing globalization drives demand for strong logistics networks
Pitfalls & Challenges:	Supply chain disruptions Rising operational costs

Learn more about the key segments shaping this market

Download Free Sample

The FMCG logistics sector is also undergoing rapid transformation due to technological advancements that enhance operational efficiency and visibility. Innovations such as artificial intelligence (AI), the Internet of Things (IoT), and blockchain are being adopted to optimize routing, track shipments in real-time, and improve inventory management. Automation, including the use of drones and autonomous vehicles, is also gaining traction, significantly reducing labor costs and increasing speed. These advancements enable logistics companies to better meet consumer demands, adapt to market changes, and maintain competitiveness in a dynamic landscape.

Authors: Preeti Wadhwani, Satyam Jaiswal

Frequently Asked Questions (FAQ) :

The market size of FMCG logistics reached USD 112.1 billion in 2023 and is set to grow at a 4.3% CAGR from 2024 to 2032, driven by increasing consumer demand for convenience.

The food & beverages segment accounted for over 40% of the market share in 2023 and is expected to exceed USD 70 billion by 2032, focusing on diverse offerings from snacks to beverages.

The transportation segment captured approximately 35% of the market share in 2023, driven by the growing demand for faster delivery and the expansion of e-commerce.

China's market was valued at USD 13.7 billion in 2023 and is projected to grow significantly by 2032, led by rapid urbanization and increased disposable incomes.