Key Takeaways
- 52% of consumer product executives reported higher lead times in supplier fulfillment.
- 74% of consumer goods companies reported a need for improved supply chain resilience.
- 1.8x increase in lead times for certain imported inputs was observed in 2021 versus pre-pandemic baseline in a global freight context.
- Global plastic packaging market size was estimated at US$245.9 billion in 2022.
- Global supply chain management software market size reached about US$16.4 billion in 2023.
- Global warehouse management system market size was about US$6.6 billion in 2022.
- Ocean freight rates increased sharply in 2021–2022; the Shanghai Containerized Freight Index exceeded 5,000 points at peak in 2021.
- KPMG reported that companies reported additional costs due to supply chain disruptions averaging 10%–25% of procurement spend in impacted categories.
- Carbon reporting and compliance costs can add an estimated 0.1%–0.5% to total costs for companies affected by emissions regulation (EU compliance cost estimates).
- 79% of supply chain leaders reported that supply chain visibility is critical for performance.
- 41% of organizations reported reducing inventory costs by using warehouse management systems (WMS) and related tools in case studies compiled by vendors/analysts.
- 56% of manufacturers reported improved order accuracy after implementing barcode scanning in supply chain operations.
Cosmetics supply chains are facing longer lead times and higher disruption costs, pushing visibility and advanced risk tools.
Industry Trends
Industry Trends Interpretation
Market Size
Market Size Interpretation
Cost Analysis
Cost Analysis Interpretation
Performance Metrics
Performance Metrics Interpretation
References
- 1supplychaindive.com/news/supply-chain-lead-times-increased-survey/648375/
- 2capgemini.com/insights/research-library/
- 3oecd.org/industry/technology/big-data-for-trade.htm
- 4oecd.org/supplychains/
- 5unctad.org/publication/review-maritime-transport-2021
- 6gartner.com/en/supply-chain/supply-chain-risk-management
- 21gartner.com/en/supply-chain
- 27gartner.com/en/information-technology/insights/master-data-management
- 7mckinsey.com/industries/consumer-packaged-goods/our-insights/
- 8precedenceresearch.com/plastic-packaging-market
- 9fortunebusinessinsights.com/supply-chain-management-software-market-102706
- 10fortunebusinessinsights.com/warehouse-management-system-market-100646
- 11fortunebusinessinsights.com/transportation-management-system-market-102682
- 12grandviewresearch.com/industry-analysis/rfid-market
- 13fbx.freightos.com/market-analysis/sfc-shanghai-containerized-freight-index-2021/
- 14kpmg.com/xx/en/home/insights/2022/11/supply-chain-disruption-costs.html
- 15eur-lex.europa.eu/legal-content/EN/TXT/?uri=SWD:2021:450
- 17eur-lex.europa.eu/legal-content/EN/TXT/?uri=SWD:2022:371
- 16worldbank.org/en/research/commodity-markets
- 18bls.gov/oes/current/oes413021.htm
- 19bls.gov/oes/current/oes132061.htm
- 20bls.gov/oes/current/oes131071.htm
- 22capterra.com/warehouse-management-system-software/
- 23gs1.org/news/gs1-barcode
- 24mhi.org/insights/research-center/material-handling-warehousing-and-fulfillment-automation
- 25retaildive.com/news/demand-forecasting-demand-sensing-stockouts-reduction-study/640287/
- 26iso.org/standard/59067.html






