The global commodity supply chain management solution market size reached a valuation of US$ 2,655 million in 2022. The expanding market value and wide range of applications are projected to be the market's primary growth drivers. In the current year 2023, the net worth of the overall global market is estimated to be around US$ 2,955 million.
The overall sales of commodity supply chain management solutions are projected to expand at a notable CAGR of 12.9% between 2023 and 2033. Further, the adoption of commodity supply chain management solutions is poised to rise at this promising growth rate totaling around US$ 9,971.9 million by 2033.
The supply chain is an integral ingredient of any product's business, whether tangible or intangible. Product manufacturing becomes complicated if manufacturers do not have an adequate supply chain management system in place for product distribution. Also, the dispersion of tangible products necessitates specialized services that aid in reducing the complexity of marketing.
Commodities are important products in tangible product segments such as metal, grocery, oil and gas, and others that require customized commodity supply chain management because they are expensive compared to other products. Moreover, commodity supply chain management entails a variety of tasks such as sales and manufacturing team integration, procurement management, price risk management, and bulk and non-bulk transportation management.
| Report Attributes or Data Points | Details |
|---|---|
| Global Commodity Supply Chain Management Solution Market Valuation in 2022 | US$ 2,655 million |
| Estimated Global Market Share in 2023 | US$ 2,955 million |
| Forecasted Global Market Size by 2033 | US$ 9,971.9 million |
| Projected Global Market Growth Rate from 2023 to 2033 | 12.9% CAGR |
| Historical Market Growth Rate from 2018 to 2022 | 10.8% CAGR |
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As per Future Market Insights, the global demand for commodity supply chain management solutions is poised to expand at a healthy CAGR of 12.9% during the forecast period between 2023 and 2033, in comparison to the 10.8% CAGR registered from 2018 to 2022.
Creating a strategic advantage in this environment necessitates positively affected performance accessibility as well as concurrent insights from operational data. Additionally, businesses are increasingly opting for supply chain management solutions as part of end-to-end ERP solutions to improve the efficiency of their processes.
Supply chains in industries such as high-tech and consumer goods have become key drivers of expansion. Also, it is anticipated to have an impact on the revenue growth of the global market.
Vendors of commodities want the autonomy to determine how they purchase items, obtain services, and return goods and services. In this case, the vendor's client satisfaction is high, posing a challenge for the vendor to protect profit margins.
Principal Consultant
The advancement of technology and consequent rise in tracking the transportation of commodities and services cutting-edge technology is expected to increase the deployment of commodity supply chain management solutions in the Asia Pacific, resulting in high consumption.
Massive infrastructure investments by the government and private enterprises, specifically in India and Indonesia, to ease progression and improve the goal of easing movement and upgrading, are also anticipated to increase demand for CSCM in the Asia Pacific region.
| Regional Market Comparison | Global Market Share in Percentage |
|---|---|
| North America | 31.6% |
| Europe | 28.3% |
North America, as the most technologically superior region, leads the world in terms of the presence of SCM vendors. It is also the world's first adopter of SCM solutions and services. In terms of revenue, the USA tends to dominate the SCM market in North America.
The region's necessity SCM is being fueled by the growing IoT trend and focuses on making supply chain operations such as logistics, warehousing, fulfillment, production, and transportation management more efficient. North America accounted for a market share of nearly 31.6% of the global market in the year 2022.
Globally, internet penetration among businesses is intense, triggering a rise in e-commerce players. This increment is likely to spur online sales, which might propel the expansion of the cloud SCM market in North America as well.
By implementing a cloud-based SCM system, businesses are developing comprehensive strategies to deliver end-to-end business models. Furthermore, COVID-19 caused significant disruptions in supply chains and working conditions, as well as flares in demand for specific items. For example,
| Regional Market Comparison | Global Market Share in Percentage |
|---|---|
| The United States | 23.4% |
| Germany | 10.6% |
| Japan | 6.5% |
| Australia | 3.4% |
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Europe market has a substantial market share as it held a 28.3% market share of the worldwide market back in the year 2022. Europe's market is predicted to continue to grow substantially by 2033, led by the United Kingdom, France, and Germany.
| Regional Markets | CAGR (2023 to 2033) |
|---|---|
| The United Kingdom | 10.5% |
| China | 13.8% |
| India | 17.6% |
Large enterprises influenced the supply chain management market by user type in 2021, and this trend is predicted to continue during the forecast period, owing to increased implementation of SCM software to integrate this software into their existing software and inventories.
The small and medium-sized enterprises segment is projected to expand at a significant CAGR during the forecast period, due to an increase in the adoption of cloud-based SCM software, which provides SMEs with a cost-effective and efficient solution.
| Category | By Component |
|---|---|
| Top Segment | Software |
| Market Share in Percentage | 67.8% |
| Category | By End User Industry |
|---|---|
| Top Segment | Oil & Gas |
| Market Share in Percentage | 32.4% |
How Key Players are Opening Frontiers for Future Growth?
Manufacturers are adopting various marketing strategies such as new product launches, geographical expansion, mergers and acquisitions, partnerships, and collaboration to identify the interest of potential buyers and create a large customer base. For instance
Some of the leading commodity supply chain management solution device manufacturers include Triple Point Technology, SAP SE, Oracle Corporation, JDA Software Group, Inc., Genpact, Infor, Manhattan Associates, Inc., Epicor Software Corporation, IBM Corporation, and e2open.
Key commodity supply chain management solution providers are adopting various strategies such as new product launches and approvals, partnerships, collaborations, acquisitions, mergers, etc. to increase their sales and gain a competitive edge in the global commodity supply chain management solution providers market.
| Report Attributes | Details |
|---|---|
| Growth Rate | CAGR of 12.9% from 2023 to 2033 |
| Market Value in 2023 | US$ 2,955 million |
| Market Value in 2033 | US$ 9,971.9 million |
| Base Year for Estimation | 2022 |
| Historical Data | 2018 to 2022 |
| Forecast Period | 2023 to 2033 |
| Quantitative Units | Revenue in US$ million and CAGR from 2023 to 2033 |
| Report Coverage | Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
| Segments Covered |
|
| Regions Covered |
|
| Key Countries Profiled |
|
| Key Companies Profiled |
|
| Customization & Pricing | Available upon Request |
The market is slated to attain US$ 2,955 million in 2023.
The market is expected to expand at a CAGR of 12.9% through 2033.
Expanding range of applications and increasing efficiencies in the solution.
North America holds a considerable share in the market.
Triple Point Technology, SAP SE, and Oracle Corporation are leading market players.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Investment Feasibility Matrix
3.5. PESTLE and Porter’s Analysis
3.6. Regulatory Landscape
3.6.1. By Key Regions
3.6.2. By Key Countries
3.7. Regional Parent Market Outlook
4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Component
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) Analysis By Component, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Component, 2023 to 2033
5.3.1. Software
5.3.2. Services
5.4. Y-o-Y Growth Trend Analysis By Component, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Component, 2023 to 2033
6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Enterprise Size
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) Analysis By Enterprise Size, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Enterprise Size, 2023 to 2033
6.3.1. SMEs
6.3.2. Large Enterprises
6.4. Y-o-Y Growth Trend Analysis By Enterprise Size, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By Enterprise Size, 2023 to 2033
7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End User Industry
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) Analysis By End User Industry , 2018 to 2022
7.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By End User Industry , 2023 to 2033
7.3.1. Oil & Gas
7.3.2. Mining
7.3.3. Food and Beverage
7.3.4. Transportation and Logistics
7.3.5. Others
7.4. Y-o-Y Growth Trend Analysis By End User Industry , 2018 to 2022
7.5. Absolute $ Opportunity Analysis By End User Industry , 2023 to 2033
8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
8.1. Introduction
8.2. Historical Market Size Value (US$ Million) Analysis By Region, 2018 to 2022
8.3. Current Market Size Value (US$ Million) Analysis and Forecast By Region, 2023 to 2033
8.3.1. North America
8.3.2. Latin America
8.3.3. Western Europe
8.3.4. Eastern Europe
8.3.5. South Asia and Pacific
8.3.6. East Asia
8.3.7. Middle East and Africa
8.4. Market Attractiveness Analysis By Region
9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
9.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
9.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
9.2.1. By Country
9.2.1.1. USA.
9.2.1.2. Canada
9.2.2. By Component
9.2.3. By Enterprise Size
9.2.4. By End User Industry
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Component
9.3.3. By Enterprise Size
9.3.4. By End User Industry
9.4. Key Takeaways
10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
10.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
10.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
10.2.1. By Country
10.2.1.1. Brazil
10.2.1.2. Mexico
10.2.1.3. Rest of Latin America
10.2.2. By Component
10.2.3. By Enterprise Size
10.2.4. By End User Industry
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Component
10.3.3. By Enterprise Size
10.3.4. By End User Industry
10.4. Key Takeaways
11. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
11.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
11.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Country
11.2.1.1. Germany
11.2.1.2. United Kingdom.
11.2.1.3. France
11.2.1.4. Spain
11.2.1.5. Italy
11.2.1.6. Rest of Western Europe
11.2.2. By Component
11.2.3. By Enterprise Size
11.2.4. By End User Industry
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Component
11.3.3. By Enterprise Size
11.3.4. By End User Industry
11.4. Key Takeaways
12. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
12.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Country
12.2.1.1. Poland
12.2.1.2. Russia
12.2.1.3. Czech Republic
12.2.1.4. Romania
12.2.1.5. Rest of Eastern Europe
12.2.2. By Component
12.2.3. By Enterprise Size
12.2.4. By End User Industry
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Component
12.3.3. By Enterprise Size
12.3.4. By End User Industry
12.4. Key Takeaways
13. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
13.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
13.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
13.2.1. By Country
13.2.1.1. India
13.2.1.2. Bangladesh
13.2.1.3. Australia
13.2.1.4. New Zealand
13.2.1.5. Rest of South Asia and Pacific
13.2.2. By Component
13.2.3. By Enterprise Size
13.2.4. By End User Industry
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Component
13.3.3. By Enterprise Size
13.3.4. By End User Industry
13.4. Key Takeaways
14. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
14.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
14.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
14.2.1. By Country
14.2.1.1. China
14.2.1.2. Japan
14.2.1.3. South Korea
14.2.2. By Component
14.2.3. By Enterprise Size
14.2.4. By End User Industry
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Component
14.3.3. By Enterprise Size
14.3.4. By End User Industry
14.4. Key Takeaways
15. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
15.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
15.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
15.2.1. By Country
15.2.1.1. GCC Countries
15.2.1.2. South Africa
15.2.1.3. Israel
15.2.1.4. Rest of MEA
15.2.2. By Component
15.2.3. By Enterprise Size
15.2.4. By End User Industry
15.3. Market Attractiveness Analysis
15.3.1. By Country
15.3.2. By Component
15.3.3. By Enterprise Size
15.3.4. By End User Industry
15.4. Key Takeaways
16. Key Countries Market Analysis
16.1. USA.
16.1.1. Pricing Analysis
16.1.2. Market Share Analysis, 2022
16.1.2.1. By Component
16.1.2.2. By Enterprise Size
16.1.2.3. By End User Industry
16.2. Canada
16.2.1. Pricing Analysis
16.2.2. Market Share Analysis, 2022
16.2.2.1. By Component
16.2.2.2. By Enterprise Size
16.2.2.3. By End User Industry
16.3. Brazil
16.3.1. Pricing Analysis
16.3.2. Market Share Analysis, 2022
16.3.2.1. By Component
16.3.2.2. By Enterprise Size
16.3.2.3. By End User Industry
16.4. Mexico
16.4.1. Pricing Analysis
16.4.2. Market Share Analysis, 2022
16.4.2.1. By Component
16.4.2.2. By Enterprise Size
16.4.2.3. By End User Industry
16.5. Germany
16.5.1. Pricing Analysis
16.5.2. Market Share Analysis, 2022
16.5.2.1. By Component
16.5.2.2. By Enterprise Size
16.5.2.3. By End User Industry
16.6. United Kingdom.
16.6.1. Pricing Analysis
16.6.2. Market Share Analysis, 2022
16.6.2.1. By Component
16.6.2.2. By Enterprise Size
16.6.2.3. By End User Industry
16.7. France
16.7.1. Pricing Analysis
16.7.2. Market Share Analysis, 2022
16.7.2.1. By Component
16.7.2.2. By Enterprise Size
16.7.2.3. By End User Industry
16.8. Spain
16.8.1. Pricing Analysis
16.8.2. Market Share Analysis, 2022
16.8.2.1. By Component
16.8.2.2. By Enterprise Size
16.8.2.3. By End User Industry
16.9. Italy
16.9.1. Pricing Analysis
16.9.2. Market Share Analysis, 2022
16.9.2.1. By Component
16.9.2.2. By Enterprise Size
16.9.2.3. By End User Industry
16.10. Poland
16.10.1. Pricing Analysis
16.10.2. Market Share Analysis, 2022
16.10.2.1. By Component
16.10.2.2. By Enterprise Size
16.10.2.3. By End User Industry
16.11. Russia
16.11.1. Pricing Analysis
16.11.2. Market Share Analysis, 2022
16.11.2.1. By Component
16.11.2.2. By Enterprise Size
16.11.2.3. By End User Industry
16.12. Czech Republic
16.12.1. Pricing Analysis
16.12.2. Market Share Analysis, 2022
16.12.2.1. By Component
16.12.2.2. By Enterprise Size
16.12.2.3. By End User Industry
16.13. Romania
16.13.1. Pricing Analysis
16.13.2. Market Share Analysis, 2022
16.13.2.1. By Component
16.13.2.2. By Enterprise Size
16.13.2.3. By End User Industry
16.14. India
16.14.1. Pricing Analysis
16.14.2. Market Share Analysis, 2022
16.14.2.1. By Component
16.14.2.2. By Enterprise Size
16.14.2.3. By End User Industry
16.15. Bangladesh
16.15.1. Pricing Analysis
16.15.2. Market Share Analysis, 2022
16.15.2.1. By Component
16.15.2.2. By Enterprise Size
16.15.2.3. By End User Industry
16.16. Australia
16.16.1. Pricing Analysis
16.16.2. Market Share Analysis, 2022
16.16.2.1. By Component
16.16.2.2. By Enterprise Size
16.16.2.3. By End User Industry
16.17. New Zealand
16.17.1. Pricing Analysis
16.17.2. Market Share Analysis, 2022
16.17.2.1. By Component
16.17.2.2. By Enterprise Size
16.17.2.3. By End User Industry
16.18. China
16.18.1. Pricing Analysis
16.18.2. Market Share Analysis, 2022
16.18.2.1. By Component
16.18.2.2. By Enterprise Size
16.18.2.3. By End User Industry
16.19. Japan
16.19.1. Pricing Analysis
16.19.2. Market Share Analysis, 2022
16.19.2.1. By Component
16.19.2.2. By Enterprise Size
16.19.2.3. By End User Industry
16.20. South Korea
16.20.1. Pricing Analysis
16.20.2. Market Share Analysis, 2022
16.20.2.1. By Component
16.20.2.2. By Enterprise Size
16.20.2.3. By End User Industry
16.21. GCC Countries
16.21.1. Pricing Analysis
16.21.2. Market Share Analysis, 2022
16.21.2.1. By Component
16.21.2.2. By Enterprise Size
16.21.2.3. By End User Industry
16.22. South Africa
16.22.1. Pricing Analysis
16.22.2. Market Share Analysis, 2022
16.22.2.1. By Component
16.22.2.2. By Enterprise Size
16.22.2.3. By End User Industry
16.23. Israel
16.23.1. Pricing Analysis
16.23.2. Market Share Analysis, 2022
16.23.2.1. By Component
16.23.2.2. By Enterprise Size
16.23.2.3. By End User Industry
17. Market Structure Analysis
17.1. Competition Dashboard
17.2. Competition Benchmarking
17.3. Market Share Analysis of Top Players
17.3.1. By Regional
17.3.2. By Component
17.3.3. By Enterprise Size
17.3.4. By End User Industry
18. Competition Analysis
18.1. Competition Deep Dive
18.1.1. Triple Point Technology
18.1.1.1. Overview
18.1.1.2. Product Portfolio
18.1.1.3. Profitability by Market Segments
18.1.1.4. Sales Footprint
18.1.1.5. Strategy Overview
18.1.1.5.1. Marketing Strategy
18.1.2. SAP SE
18.1.2.1. Overview
18.1.2.2. Product Portfolio
18.1.2.3. Profitability by Market Segments
18.1.2.4. Sales Footprint
18.1.2.5. Strategy Overview
18.1.2.5.1. Marketing Strategy
18.1.3. Oracle Corporation
18.1.3.1. Overview
18.1.3.2. Product Portfolio
18.1.3.3. Profitability by Market Segments
18.1.3.4. Sales Footprint
18.1.3.5. Strategy Overview
18.1.3.5.1. Marketing Strategy
18.1.4. JDA Software Group Inc.
18.1.4.1. Overview
18.1.4.2. Product Portfolio
18.1.4.3. Profitability by Market Segments
18.1.4.4. Sales Footprint
18.1.4.5. Strategy Overview
18.1.4.5.1. Marketing Strategy
18.1.5. Genpact
18.1.5.1. Overview
18.1.5.2. Product Portfolio
18.1.5.3. Profitability by Market Segments
18.1.5.4. Sales Footprint
18.1.5.5. Strategy Overview
18.1.5.5.1. Marketing Strategy
18.1.6. Manhattan Associates Inc.
18.1.6.1. Overview
18.1.6.2. Product Portfolio
18.1.6.3. Profitability by Market Segments
18.1.6.4. Sales Footprint
18.1.6.5. Strategy Overview
18.1.6.5.1. Marketing Strategy
18.1.7. Epicor Software Corporation
18.1.7.1. Overview
18.1.7.2. Product Portfolio
18.1.7.3. Profitability by Market Segments
18.1.7.4. Sales Footprint
18.1.7.5. Strategy Overview
18.1.7.5.1. Marketing Strategy
18.1.8. IBM Corporation
18.1.8.1. Overview
18.1.8.2. Product Portfolio
18.1.8.3. Profitability by Market Segments
18.1.8.4. Sales Footprint
18.1.8.5. Strategy Overview
18.1.8.5.1. Marketing Strategy
18.1.9. e2open
18.1.9.1. Overview
18.1.9.2. Product Portfolio
18.1.9.3. Profitability by Market Segments
18.1.9.4. Sales Footprint
18.1.9.5. Strategy Overview
18.1.9.5.1. Marketing Strategy
18.1.10. Infor
18.1.10.1. Overview
18.1.10.2. Product Portfolio
18.1.10.3. Profitability by Market Segments
18.1.10.4. Sales Footprint
18.1.10.5. Strategy Overview
18.1.10.5.1. Marketing Strategy
19. Assumptions & Acronyms Used
20. Research Methodology
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Commodity Supply Chain Management Solution Market
