NEW YORK, May 10, 2021 /PRNewswire/ --
The FMCG logistics market in Europe is expected to grow by USD 17.15 billion, progressing at a CAGR of almost 2% during the forecast period.
NEW YORK, May 10, 2021 /PRNewswire/ --
The FMCG logistics market in Europe is expected to grow by USD 17.15 billion, progressing at a CAGR of almost 2% during the forecast period.
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The increasing adoption of technology in the logistics industry is one of the major factors propelling the market growth. However, the lack of skilled drivers in the logistics industry might hamper the market growth.
FMCG Logistics Market In Europe: Service Landscape
Based on the segmentation by service, the market witnessed maximum growth in the transportation segment in 2020. The market growth in the segment will significant during the forecast period.
FMCG Logistics Market In Europe: Geographic Landscape
By geography, Western Europe is going to have a lucrative growth during the forecast period. About 71% of the market's overall growth is expected to originate from Western Europe. Factors such as increasing M&A in the logistics industry, growing focus on truck platooning by logistics vendors, and increasing adoption of sharing economy will drive the growth of the FMCG logistics market in Western Europe during the forecast period.
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Key Topics Covered:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Service
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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