Global CPG Logistics Market 2016-2020

Overview of the global CPG logistics market

Extensive research carried out by the analyst at Technavio has shown that the global CPG logistics market will grow at a steady CAGR of close to 6% over the forecast period. The growing demand for logistics services from the e-commerce sector is one of the most significant factors propelling the growth prospects for this market in the coming years. Rapid urbanization and increasing disposable income of consumers are likely to have a positive influence on the CPG and retail sector. Efficient inventory management and quick delivery are some of the key aspects of achieving operational success. The rapid growth of the e-commerce industry led to an increasing need for efficiency in delivery systems, inventory management, and freight forwarding. As the market continues to expand, the demand for CPG logistics facilities will also increase during the predicted period.

In this industry research report, the analysts have estimated factors such as the growing demand for value-added services by CPG vendors to be one the emerging trends propelling the growth prospects for this market. CPG logistics providers offer value-added services along with the regular logistics services. These services differentiate the contract logistics providers from the in-house and regular logistics providers and are incorporated for operations management, supply chain management, system capabilities, and logistics engineering expertise. The CPG vendors optimize the processes and help in achieving improved efficiency through the incorporation of technology into their process framework.

Segmentation by logistics services and analysis of the CPG logistics market

• Transportation
• Warehousing
• Value-added services