According to the report, High Demand of Integrated System and Software in 3PL for FMCG is one of the primary growth factors for the market. Increasing Demand for FMCG Products
is also expected to contribute significantly to the 3PL in FMCG market. Overall, Food
applications of 3PL in FMCG, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. New players are beginning to enter the market and established companies have been changing their business models a trend that will continue in the future.
AMAs Analyst on the Global 3PL in FMCG Market identified that the demand is rising in many different parts of the world due to "Increasing Demand of Advance Technology Enable Solution for FMCG by 3PL". Furthermore, some recent industry insights like "In February 2022, C.H Robinson open new office in Beijing. China always remain important as well as exciting market for investment, support existing customers and for development of new business. With this strategic planning C.H Robinson expand their presence in Asian market for 3PL in FMCG" is constantly making the industry dynamic. One of the challenges that industry facing is "Growing Demand of Scalability in 3PL by FMCG and Lack of Trained Workforce"
The Services Type, such as Transportation Based Services, is boosting the 3PL in FMCG market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global 3PL in FMCG market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the 3PL in FMCG market and other related sub-markets covered in the study.
o Key & emerging players in the 3PL in FMCG market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall 3PL in FMCG market size is calculated using market estimation process, the 3PL in FMCG market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global 3PL in FMCG market size has been validated using both top-down and bottom-up approaches.