The global Consumer Goods sector was valued at USD 105.85 billion by the end of 2022 and is expected to increase to USD 224.33 billion by 2032. This growth was projected at a CAGR of 7.8% during the period 2022-2032.
Consumer goods markets constantly aim to adapt to changing consumer trends and consumer demand. The biggest influences on the market for consumer goods in recent years have been digital innovation, the Covid-19 pandemic, and a greater focus on healthy and sustainable lifestyles.
There are major demographic, political, and technological shifts that are already in process. This is only indicating more change and innovation. Market.us’s researchers believe that the changing consumer is one of their greatest challenges.
Participation by consumers with brands goes beyond buying and using the products. Expectations have increased with continuous consumer feedback and instant access to consumer data. Companies in this sector have made interoperability and communication their key selling points.
This is where Market.us comes into play. We use the power of analytics for our clients to create and implement platform-based business models, along with making informed decisions.
Market.us has established itself as a reliable source of verifiable business information. We offer extensively valuable insights on various business data needs that professionals in the life science market may then use to address potential challenges, thus positively influencing the growth trajectory of their respective organizations or business.
We analyze and comprehend the key trends and developments in the sector to support our clients’ key strategic plans and business decisions. We have the right help our clients can leverage. They can gain the right business intelligence needed and build more efficient and economically-sound strategies.
We utilize primary and secondary information sources when formulating comprehensively quantifiable strategies that address our clients’ areas of interest.
Nestle of Switzerland is one of the largest fast-moving consumer goods companies, followed by Procter & Gamble and PepsiCo of the US. Unilever, AB Inbev, Tyson Foods, JBS, L’Oreal, Coca-Cola, and BAT are the other fast-moving consumer goods (FMCG) companies.
Acquisitions play a key role in these companies’ growth, including expansion into higher-growth healthy product segments and careful vertical integration to fortify market capabilities.
Our Consumer goods category segmentation encompasses:
Consumer Electronics Read More ▾
Luxury & premium products
Homecare & Decor
Cosmetics & Personal Care
Apparel, Fashion & Accessories
Consumer and general services
Sports, Fitness, and Leisure
Pet products and supplies