article thumbnail

Trends in the Food and Beverage Industry

Trinity Logistics

For instance, a recent Forbes article shared that 60 percent of consumers now order delivery or pickup at least once a week, with takeout predicted to rise to 21 percent of restaurant industry sales by 2025. Likewise, by 2027 , cold storage construction is projected to reach $18.6 percent from 2018 to 2020.

Trends 66
article thumbnail

Why Experiential Retail Might Just be The Secret to Customer Success

Locus

According to estimates, the global market for last-mile delivery might reach up to $200 billion by 2027 due to increased online sales. In fact, in a consumer survey conducted by PwC, 41% of consumers are even ready to pay premium shipping rates for fast delivery services. Conclusion.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Trends in the Food and Beverage Industry

Trinity Logistics

For instance, a recent Forbes article shared that 60 percent of consumers now order delivery or pickup at least once a week, with takeout predicted to rise to 21 percent of restaurant industry sales by 2025. Likewise, by 2027 , cold storage construction is projected to reach $18.6 billion in 2021.

Trends 107
article thumbnail

Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

million USD by 2027, growing at a CAGR of 4.5 percent between 2020 and 2027. According to a Gartner’s Logistics Outsourcing Survey , more businesses than ever before are looking to outsource to 4PL, with 42 percent of respondents looking for providers that can design, build, run and measure logistics functions.

4PL 116