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3PL in FMCG Market Analysis and Global Forecast (2022-2030) with COVID Impact Analysis

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The global 3PL in the FMCG market size is projected to reach approximately $ XX Billion by 2030, at a CAGR of 6% from 2022 to 2030.

Report Code: EB_ICT | Page: 160 | Published Date: Upcoming

Categories: Energy and Power, Food & Beverage, Information and Communication Technology ICT (CI) Tags: 3PL in FMCG Analysis, 3PL in FMCG Companies, 3PL in FMCG Forecast, 3PL in FMCG Growth, 3PL in FMCG Industry, 3PL in FMCG Restraints, 3PL in FMCG Share, 3PL in FMCG Size, 3PL in FMCG Trends
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Description

The global 3PL in the FMCG market size is projected to reach approximately $ XX Billion by 2030, at a CAGR of 6% from 2022 to 2030. FMCGs or “Fast Moving Consumer Goods” are the largest group of consumer goods, covering a wide range of different product categories such as health and beauty, home care, personal care, food and drink, and many other necessities. 3PL or third-party logistics providers are a good option for start-up companies in the FMCG markets with large volumes. 3PLs are the third-party companies that offer supply chain management and the services required to secure their operations. The services provided by 3PLs are transport, packing, storage, consolidation, and other services that are needed to increase efficiency. For companies with high demand but low capital, 3PLs provide a good option for them. These companies can be small companies or large companies.

COVID-19 Impact Analysis

The 3PL in the FMCG market was severely affected by the COVID-19 pandemic. With the threat of COVID-19, many countries were left with no choice but to halt trading with one another in a bid to save themselves. This has caused disruptions in the supply chain and reduced supplies of goods that are needed. In addition, many countries have imposed a nationwide shutdown for non-essential shopping of all retail outlets. This has caused a setback for the FMCG logistics industry as transportation of these products is not needed anymore. The food and beverage industry has also been severely impacted by the global pandemic. Offline dining venues such as restaurants and cafes have been shut down due to the pandemic, while online orders for food also decreased.

Market Dynamics

The rising demand for cost optimization in FMCG companies, combined with the increase in disposable income, and changing lifestyles of individuals have contributed to the growth of this market. Furthermore, the rising adoption of the Internet of Things (IoT)-enabled connected maneuvers and the emergence of tech-driven logistics amenities create ample opportunities for the market players.

Drivers

⮚     Increasing Priority of Cost Optimization in Supply Chain to Drive the Market Growth

FMCG is a highly cost-sensitive industry, so the slightest variation in operations can have a significant impact on profits. A 3PL service partner will save the company money on outsourcing logistics, storage, and transportation. This means the company can focus on its core competencies and increase the profit margins by cutting costs with an expert company. In addition, 3PL service providers offer expert input and customized solutions tailored to the company’s needs. Alongside this, they cost less in comparison to an in-house team and also provide invaluable insights into the products’ supply chain.

Restraint:

  • Limited Control of the Manufacturers and Retailers on the Logistics Service to Hinder the Market Growth

Outsourcing to third-party logistics providers means a manufacturing or retailing company has to trust that the 3PL provider can provide competency, honesty, and reliability. This means the company doesn’t have full control of its supply chain. Outsourcing to third-party logistics (3PL) can lead to a breach of confidentiality due to the lack of transparency, where things such as customers’ data could be at risk of confidential information interacting with other businesses. Hence, a lack of control of manufacturers and retailers on logistics services is expected to hamper the growth of this market.

Opportunity:

⮚     Markets’ growing ability to Leverage AI and the Emerging Tech to create huge Potential

3PL Service Providers are changing the way they deliver services by adapting to the changing requirements of their FMCG customers. These changes involve implementing new technologies like AI and emerging tech that streamline operations and bring efficiency. 3PL providers offer a range of different benefits for FMCG brands. For example, 3PLs can provide tech-enabled solutions including temperature-controlled supply chains or data-driven management solutions such as inventory and sales fulfillment, stock updates, and so on. AI-enabled and value-driven logistics partners are going to help drive growth in the FMCG sector more than ever before.

 

Segment Overview

By Product Type

Based on the Product Type, the 3PL in the FMCGs market is segmented based on Distribution and Retail. The Distribution segment is anticipated to account for the large market share. The Distribution segment is dominating due to the large companies in this sector having global awareness, partnerships with key clients, high cost-effectiveness, and flexibility. The large players in this segment are DHL, C&S Logistics, UPS, and others. They’re rapidly expanding into the retail sector by providing services such as drop-shipping, home-delivery, and shipping of different types of products.

 

By Application

Based on Application, the global 3PL in the FMCG market has been divided into Food and Beverages, Personal Care, and Household Care. The Food and Beverage segment is expected to hold the largest market share. The food and beverage segment accounts for the majority of applications for the FMCG logistics market due to the growth in the sales of packaged food products and staple food products. The increase in hectic lifestyles has caused a demand for ready-made food products as people are having less time to cook at home. Furthermore, the population growth and rise in the number of retail stores will increase the demand for 3PLs in the market.

Global 3PL in FMCG Market Share, by Segmentation

Regional Analysis

Based on region, the global 3PL in the FMCG market has been divided into North America, Europe, Asia-Pacific, and the Rest of the World. North America is projected to dominate the use of the 3PL in the FMCG market followed by the Asia-Pacific and Europe regions.

North America Market

North America dominates the 3PL in the FMCG market, with a diverse coastline being one of its attributes. In addition, it also has many cruising destinations.  The U.S. ranks at the top in this region, as there are many important logistical and supply chain locations situated there. The resurgence of the logistics industry in the U.S. can be seen after the strict lockdown due to the COVID-19 pandemic subsided.

Asia-Pacific Market

The Asia Pacific region is expected to experience a very strong CAGR over the forecast period. The sector has been growing steadily in popularity mainly because both the middle-income class and production costs are declining. The projection of rapid growth in the higher-end services sector in China and emerging markets suggests a shift towards contract logistics companies with the latest high-tech equipment. The current demand for items such as more expensive consumer goods and perishable food is predicted to skyrocket, which will require new innovative logistical solutions.

Competitive Landscape

The market comprises tier-1, tier-2, and local players. With their wide product portfolios, tier-1 and tier-2 players have a global reach. Because of their strategic innovations and broad regional presence, companies such as CEVA Logistics, C.H. ROBINSON, Deutsche Bahn, Deutsche Post DHL Group, Kuehne + Nagel, and Nippon Express, lead the global 3PL in the FMCG business. To increase their market position and attract a wide consumer base, the businesses are employing various strategies, such as growth, product releases, and alliances.

Prominent Players:

  • CEVA Logistics
  • H. ROBINSON
  • Deutsche Bahn
  • Deutsche Post DHL Group
  • Kuehne + Nagel
  • Nippon Express

In July 2021, OMLog, an Italian-based third-party logistics provider for luxury fashion products, signed a 607,279 sq ft warehouse at Bridge Point 78 in New Jersey. The Township where the warehouse is located in between Phillipsburg and Lopatcong.

Scope of the Report

Global 3PL in FMCG Market, by Product Type

  • Distribution
  • Retail

Global 3PL in FMCG Market, by Application

  • Food and Beverages
  • Personal Care
  • Household Care

Global 3PL in FMCG Market, by Region

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Rest of Asia Pacific
  • Rest of the World

 

Parameters Indicators
Market Size 2030: $ XX Billion
CAGR 6% CAGR (2022-2030)
Base year 2021
Forecast Period 2022-2030
Historical Data 2020
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Key Segmentations  Deployment, Application
Geographies Covered North America, Europe, Asia-Pacific, Latin America, Middle East, Africa
Key Vendors EVA Logistics, C.H. ROBINSON, Deutsche Bahn, Deutsche Post DHL Group, Kuehne + Nagel, and Nippon Express
Key Market Opportunities Markets’ growing ability to Leverage AI and the Emerging Tech to create huge Potential
Key Market Drivers Increasing Priority of Cost Optimization in Supply Chain to Drive the Market Growth

 

REPORT CONTENT BRIEF:

  • High-level analysis of the current and future 3PL in FMCG market trends and opportunities
  • Detailed analysis of current market drivers, restraining factors, and opportunities in the future
  • 3PL in FMCG market historical market size for the year 2020, and forecast from 2021 to 2028
  • 3PL in FMCG market share analysis at each product level
  • Competitor analysis with a detailed insight into its product segment, financial strength, and strategies adopted.
  • Identifies key strategies adopted including product launches and developments, mergers and acquisitions, joint ventures, collaborations, and partnerships as well as funding taken and investment done, among others.
  • To identify and understand the various factors involved in the global 3PL in the FMCG market affected by the pandemic
  • To provide a detailed insight into the major companies operating in the market. The profiling will include the financial health of the company past 2-3 years with segmental and regional revenue breakup, product offering, recent developments, SWOT analysis, and key strategies.

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    3PL in FMCG Market FAQs

    1. What is the study period of this market?
    • The study period of the global 3PL in the FMCG market is 2020 – 2030
    1. What is the growth rate of the global 3PL in the FMCG market?
    • The global 3PL in the FMCG market is growing at a CAGR of ~ 6% over the next 8 years
    1. Which region has the highest growth rate in the global 3PL in the FMCG market?
    • Asia Pacific is expected to register the highest CAGR during 2022 – 2030
    1. Which region has the largest share in the global 3PL in the FMCG market?
    • North America holds the largest share in 2021
    1. Who are the key players in the global 3PL in the FMCG market?
    • EVA Logistics, C.H. ROBINSON, Deutsche Bahn, Deutsche Post DHL Group, Kuehne + Nagel, and Nippon Express are the major companies operating in the global 3PL in the FMCG
    1. Do you offer Post Sale Support?
    • Yes, we offer 16 hours of analyst support to solve the queries
    1. Do you sell particular sections of a report?
    • Yes, we provide regional as well as country-level reports. Other than this we also provide a sectional report. Please get in contact with our sales representatives.
    Table of Contents

    Table of Contents

    Chapter 1.   Executive Summary

    Chapter 2.   Scope Of Study

                          2.1.   Market Definition

                          2.2.   Scope Of The Study

                                    2.2.1.   Objectives of Report

                                    2.2.2.   Limitations

                          2.3.   Market Structure

    Chapter 3.   Evolve BI Methodology

    Chapter 4.   Market Insights and Trends

                          4.1.   Supply/ Value Chain Analysis

                                    4.1.1.   Raw Application Providers

                                    4.1.2.   Manufacturing Process

                                    4.1.3.   Distributors/Retailers

                                   4.1.4.   End Users

                          4.2.   Porter’s Five Forces Analysis

                                    4.2.1.   Threat Of New Entrants

                                    4.2.2.   Bargaining Power Of Buyers

                                    4.2.3.   Bargaining Power Of Suppliers

                                    4.2.4.   Threat Of Substitutes

                                    4.2.5.   Industry Rivalry

                          4.3.   Impact Of COVID-19 on 3PL in the FMCG Market

                                    4.3.1.   Impact on Market Size

                                    4.3.2.   End-User Trend, Preferences, and Budget Impact

                                    4.3.3.   Regulatory Framework/Government Policies

                                    4.3.4.   Key Players' Strategy to Tackle Negative Impact

                                    4.3.5.   Opportunity Window

                          4.4.   Technology Overview

                          4.5.   Macro factor

                         4.6.   Micro Factor

                            4.7.   Demand Supply Gap Analysis of 3PL in the FMCG Market

                            4.8.   Import Analysis of 3PL in the FMCG Market

                            4.9.   Export Analysis of 3PL in the FMCG Market

    Chapter 5.   Market Dynamics 

                          5.1.   Introduction

                          5.2.   DROC Analysis

                                    5.2.1.   Drivers

                                    5.2.2.   Restraints

                                    5.2.3.   Opportunities

                                    5.2.4.   Challenges

                          5.3.   Patent Analysis

                          5.4.   Industry Roadmap

                          5.5.   Parent/Peer Market Analysis

    Chapter 6.   Global 3PL in FMCG Market, By Product Type

                          6.1.   Introduction

                          6.2.   Distribution

                          6.3.   Retail

    Chapter 7.   Global 3PL in FMCG Market, By Application

                          7.1.   Introduction

                          7.2.   Food and Beverage

                          7.3.   Personal Care

                          7.4.  Household Care

    Chapter 8.   Global 3PL in FMCG Market, By Region

                          8.1.   Introduction

                          8.2.   North America

                                    8.2.1.   Introduction

                                    8.2.2.   Driving Factors, Opportunity Analyzed, and Key Trends

                                    8.2.3.   Market Size and Forecast, By Country, 2020 - 2028

                                    8.2.4.   Market Size and Forecast, By Product Type, 2020 - 2028

                                    8.2.5.   Market Size and Forecast, By Application, 2020 – 2028

                                    8.2.6. US

                                                   8.2.6.1.   Introduction

                                                   8.2.6.2.   Driving Factors, Opportunity Analyzed, and Key Trends

                                                   8.2.6.3.   Market Size and Forecast, By Product Type, 2020 - 2028

                                                   8.2.6.4.   Market Size and Forecast, By Application, 2020 - 2028

                                    8.2.7.   Canada

                                                   8.2.7.1.   Introduction

                                                   8.2.7.2.   Driving Factors, Opportunity Analyzed, and Key Trends

                                                   8.2.7.3.   Market Size and Forecast, By Product Type, 2020 - 2028

                                                   8.2.7.4.   Market Size and Forecast, By Application, 2020 - 2028

                          8.3.   Europe

                                    8.3.1.   Introduction

                                   8.3.2.   Driving Factors, Opportunity Analyzed, and Key Trends

                                    8.3.3.   Market Size and Forecast, By Country, 2020 - 2028

                                    8.3.4.   Market Size and Forecast, By Product Type, 2020 - 2028

                                    8.3.5.   Market Size and Forecast, By Application, 2020 – 2028

                                    8.3.6.   Germany

                                                   8.3.6.1.   Introduction

                                                   8.3.6.2.   Driving Factors, Opportunity Analyzed, and Key Trends

                                                   8.3.6.3.   Market Size and Forecast, By Product Type, 2020 - 2028

                                                   8.3.6.4.   Market Size and Forecast, By Application, 2020 - 2028

                                    8.3.7.   France

                                                   8.3.7.1.   Introduction

                                                   8.3.7.2.   Driving Factors, Opportunity Analyzed, and Key Trends

                                                   8.3.7.3.   Market Size and Forecast, By Product Type, 2020 - 2028

                                                   8.3.7.4.   Market Size and Forecast, By Application, 2020 - 2028

                                    8.3.8.   UK

                                                   8.3.8.1.   Introduction

                                                   8.3.8.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                                   8.3.8.3.   Market Size and Forecast, By Product Type, 2020 - 2028

                                                   8.3.8.4.   Market Size and Forecast, By Application, 2020 - 2028

                                    8.3.9.   Italy

                                                   8.3.9.1.   Introduction

                                                   8.3.9.2.   Driving Factors, Opportunity Analyzed, and Key Trends

                                                  8.3.9.3.   Market Size and Forecast, By Product Type, 2020 - 2028

                                                   8.3.9.4.   Market Size and Forecast, By Application, 2020 - 2028

                                    8.3.10.   Rest Of Europe

                                                   8.3.10.1.   Introduction

                                                   8.3.10.2.   Driving Factors, Opportunity Analyzed, and Key Trends

                                                  8.3.10.3.   Market Size and Forecast, By Product Type, 2020 - 2028

                                                   8.3.10.4.   Market Size and Forecast, By Application, 2020 - 2028

                          8.4.   Asia-Pacific

                                   8.4.1.   Introduction

                                    8.4.2.   Driving Factors, Opportunity Analyzed, and Key Trends

                                    8.4.3.   Market Size and Forecast, By Country, 2020 - 2028

                                    8.4.4.   Market Size and Forecast, By Product Type, 2020 - 2028

                                    8.4.5.   Market Size and Forecast, By Application, 2020 - 2028

                                    8.4.6.   China

                                                   8.4.6.1.   Introduction

                                                   8.4.6.2.   Driving Factors, Opportunity Analyzed, and Key Trends

                                                   8.4.6.3.   Market Size and Forecast, By Product Type, 2020 - 2028

                                                   8.4.6.4.   Market Size and Forecast, By Application, 2020 - 2028

                                    8.4.7.   India

                                                   8.4.7.1.   Introduction

                                                   8.4.7.2.   Driving Factors, Opportunity Analyzed, and Key Trends

                                                   8.4.7.3.   Market Size and Forecast, By Product Type, 2020 - 2028

                                                   8.4.7.4.   Market Size and Forecast, By Application, 2020 - 2028

                                    8.4.8.   Japan

                                                   8.4.8.1.   Introduction

                                                   8.4.8.2.   Driving Factors, Opportunity Analyzed, and Key Trends

                                                   8.4.8.3.   Market Size and Forecast, By Product Type, 2020 - 2028

                                                   8.4.8.4.   Market Size and Forecast, By Application, 2020 - 2028

                                    8.4.9.   South Korea

                                                   8.4.9.1.   Introduction

                                                   8.4.9.2.   Driving Factors, Opportunity Analyzed, and Key Trends

                                                   8.4.9.3.   Market Size and Forecast, By Product Type, 2020 - 2028

                                                   8.4.9.4.   Market Size and Forecast, By Application, 2020 - 2028

                                    8.4.10.   Rest Of Asia-Pacific

                                                   8.4.10.1.   Introduction

                                                   8.4.10.2.   Driving Factors, Opportunity Analyzed, and Key Trends

                                                  8.4.10.3.    Market Size and Forecast, By Product Type, 2020 - 2028

                                                   8.4.10.4.   Market Size and Forecast, By Application, 2020 - 2028

                          8.5.   Rest Of The World (RoW)

                                   8.5.1.   Introduction

                                    8.5.2.   Driving Factors, Opportunity Analyzed, and Key Trends

                                    8.5.3.   Market Size and Forecast, By Product Type, 2020 - 2028

                                    8.5.4.   Market Size and Forecast, By Application, 2020 - 2028

                                    8.5.5.   Market Size and Forecast, By Region, 2020 - 2028

                                    8.5.6.   South America

                                                   8.5.6.1.   Introduction

                                                   8.5.6.2.   Driving Factors, Opportunity Analyzed, and Key Trends

                                                   8.5.6.3.   Market Size and Forecast, By Product Type, 2020 - 2028

                                                   8.5.6.4.   Market Size and Forecast, By Application, 2020 - 2028

                                    8.5.7. The Middle East and Africa

                                                   8.5.7.1.   Introduction

                                                   8.5.7.2.   Driving Factors, Opportunity Analyzed, and Key Trends

                                                  8.5.7.3.   Market Size and Forecast, By Product Type, 2020 - 2028

                                                   8.5.7.4.   Market Size and Forecast, By Application, 2020 - 2028

    Chapter 9.    Competitive Landscape

                         9.1.   Introduction

                          9.2.   Vendor Share Analysis, 2020/Key Players Positioning, 2020

    Chapter 10.   Company Profiles

                          10.1.   EVA Logistics

                                    10.1.1.   Business Overview

                                   10.1.2.   Financial Analysis

                                    10.1.3.   Product Portfolio

                                    10.1.4.   Recent Development and Strategies Adopted

                                    10.1.5.   SWOT Analysis

                         10.2.   C.H. ROBINSON

                                    10.2.1.   Business Overview

                                    10.2.2.   Financial Analysis

                                    10.2.3.   Product Portfolio

                                    10.2.4.   Recent Development and Strategies Adopted

                                    10.2.5.   SWOT Analysis

                          10.3.  Deutsche Bahn

                                    10.3.1.   Business Overview

                                    10.3.2.   Financial Analysis

                                    10.3.3.   Product Portfolio

                                    10.3.4.   Recent Development and Strategies Adopted

                                    10.3.5.   SWOT Analysis

                          10.4.  Deutsche Post DHL Group

                                    10.4.1.   Business Overview

                                    10.4.2.   Financial Analysis

                                    10.4.3.   Product Portfolio

                                    10.4.4.   Recent Development and Strategies Adopted

                                    10.4.5.   SWOT Analysis

                          10.5.   Kuehne + Nagel

                                    10.5.1.   Business Overview

                                    10.5.2.   Financial Analysis

                                    10.5.3.   Product Portfolio

                                    10.5.4.   Recent Development and Strategies Adopted

                                    10.5.5.   SWOT Analysis

                          10.6.   Nippon Express

                                    10.6.1.   Business Overview

                                    10.6.2.   Financial Analysis

                                    10.6.3.   Product Portfolio

                                   10.6.4.   Recent Development and Strategies Adopted

                                    10.6.5.   SWOT Analysis

                 Chapter 11.   Key Takeaways

     

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