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Stock impact report

FMCG Logistic Market Projected to Reach US$ 175.0 billion by 2034: Exclusive Research Report by FMI [Yahoo! Finance]

C.H. Robinson Worldwide, Inc. (CHRW) 
Last c.h. robinson worldwide, inc. earnings: 4/28 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.chrobinson.com
Company Research Source: Yahoo! Finance
As per our data, total retail sales in the United States surged to an impressive US$ 7.24 trillion in 2023. This substantial figure underscores the robust consumer demand and market vitality within the nation. NEWARK, Del, April 26, 2024 (GLOBE NEWSWIRE) -- The FMCG logistics market is on its way to marking a valuation of US$ 117.1 billion in 2024. With the rapid boom of both the eCommerce and FMGC industry, market players can expect a 4.1% CAGR between 2024 and 2034. This could potentially result in a market valuation of US$ 175.0 billion by 2034. As consumer preferences move towards online shopping, the demand for fast-moving consumer goods has increased, which has created new opportunities for investors to invest in the industry. With the integration of better technology and improved convenient logistic services, the market is expected to gain even more potential in the coming years. FMCG companies are actively investing in research and development activities related to logis Show less Read more
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