Market Overview

FMCG Logistics Market in Europe 2018-2022 | Increasing Adoption of Technology to Drive Growth | Technavio

Share:

The FMCG logistics market in Europe is expected to post a CAGR of close
to 6% during the period 2018-2022, according to the latest market
research report by Technavio.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180813005503/en/

Technavio has published a new market research report on the FMCG logistics market size in Europe fro ...

Technavio has published a new market research report on the FMCG logistics market size in Europe from 2018-2022. (Graphic: Business Wire)

A key factor driving the growth of the market is the increasing adoption
of technology in the logistics industry. Technological advances are
transforming the FMCG supply chain in Europe. The logistics vendors have
been increasingly adopting new-age technologies such as IoT, robotics,
analytics, and big data to streamline the overall FMCG supply chain.

This market research report on the FMCG
logistics market in Europe 2018-2022
also provides an analysis
of the most important trends expected to impact the market outlook
during the forecast period. Technavio classifies an emerging trend as a
major factor that has the potential to significantly impact the market
and contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time
only:
View
market snapshot before purchasing

In this report, Technavio highlights the growing focus on truck
platooning by logistics vendors as one of the key emerging trends in the
FMCG logistics market in Europe:

FMCG logistics market in Europe: Growing focus
on truck platooning by logistics vendors

Truck platooning connects two or more trucks in convoy to ensure
connectivity and automated driving. This technology ensures that the
trucks maintain a set and close distance between each other when they
are connected during a journey. The truck at the front acts as a leader,
with the trailing vehicles reacting and adapting to changes according to
its movement.

"Several governments have been promoting the use of truck platooning
in the logistics industry as it saves costs, reduces congestion on
roads, and decreases carbon emission. In October 2017, the UK government
allotted funding of around USD 9 million for truck platooning trials,"
says
a senior analyst at Technavio for research on logistics.

FMCG logistics market in Europe: Segmentation
analysis

This market research report segments the FMCG logistics market in Europe
by service type (transportation, warehousing, and VAS) and geography
(Western Europe and Eastern Europe).

Western Europe led the market in 2017 with more than 68% of the market
share, followed by Eastern Europe. Western Europe will continue to
dominate the global market throughout the forecast period.

Looking for more information on this market? Request
a free sample report

Technavio's sample reports are free of charge and contain multiple
sections of the report such as the market size and forecast, drivers,
challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

Technavio
is a leading global technology research and advisory company. Their
research and analysis focuses on emerging market trends and provides
actionable insights to help businesses identify market opportunities and
develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists
of more than 10,000 reports and counting, covering 800 technologies,
spanning across 50 countries. Their client base consists of enterprises
of all sizes, including more than 100 Fortune 500 companies. This
growing client base relies on Technavio's comprehensive coverage,
extensive research, and actionable market insights to identify
opportunities in existing and potential markets and assess their
competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team
at media@technavio.com.

View Comments and Join the Discussion!