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Consumer Packaged Goods Market By Product Type (Personal Care and Cosmetics, Food and Beverage, Household Supplies, Agricultural products, Wholesale distribution, Others) By Distribution Channel (Online, Offline) - Growth, Future Prospects & Competitive Analysis, 2016 – 2028

About this report

The global consumer packaged goods market report explores the critical analysis of the potassium derivatives industry using key parameters. The report consists of investment strategies, the need for investments in the consumer packaged goods industry, and the multiple benefits for the investors. Importantly, this report sets out major changes in the global technical regulations for the consumer packaged goods industry and how economic and non-economic barriers are helping the consumer packaged goods market grow. Moreover, the report analyzes the global, regional, and country-level historic and forecasted market size. The report also provides a comprehensive analysis of key investment propositions, demand and supply gap, competitors positioning, STAR analysis, SRC analysis, and Tornado analysis. Key technological developments and other analyses such as porter's five forces analysis, PESTEL analysis, value chain analysis, etc.

REPORT ATTRIBUTE DETAILS

Consumer Packaged Goods Market by Volume

Yes

Consumer Packaged Goods Market by Value

Yes

Consumer Packaged Goods Market, Tornado Analysis

Yes

Consumer Packaged Goods Market, STAR Analysis

Yes

Consumer Packaged Goods Market, SRC Analysis

Yes

Consumer Packaged Goods Market, Import-Export Data

Yes (On Demand)

Consumer Packaged Goods Market Pricing Analysis

Yes (On Demand)

Consumer Packaged Goods Market Segment Analysis

·         By Product Type (Personal Care and Cosmetics, Food and Beverages, Household Supplies, Agricultural products, Wholesale Distribution, and Others)

·         By Distribution Channel (Online and Offline)

 

Consumer Packaged Goods Market, Regional Analysis

·         North America (US and Canada)

·         Europe (Germany, UK, France, Italy, Spain, and Rest of Europe)

·         Asia Pacific (China, India, Japan, South Korea, South East Asia, and Rest of Asia Pacific)

·         Latin America (Brazil, Mexico, and Rest of Latin America)

·         Middle East and Africa (GCC Countries, South Africa, and Rest of Middle East and Africa)

Consumer Packaged Goods Market Key Companies

AnheuserBusch InBev SA / NV, Nestlé SA, Procter & Gamble Co, PepsiCo Inc., Heineken NV, The Coca-Cola Co, Unilever plc, L'Oréal SA, Kweichow Moutai Co., Ltd., and Colgate Palmolive Société

Consumer Packaged Goods Market Competitive Landscape

·         Consumer Packaged Goods Market Share Analysis

·         Competitive Benchmarking

·         Key Players Market Positioning

·         Geographical Presence Analysis

·         Major Strategies Adopted

Key Highlights of the report

How are the major segments performing in the Consumer Packaged Goods market?

  • In 2021, the food and beverages segment accounted for the largest share of the market. Consumer packaged goods market research suggests, due to the shift in consumer behavior, food and beverage prices are predicted to rise the greatest over the forecasted period. The consumer packaged goods food market size is also comparatively very high.
  • In 2021, the online segment was anticipated to grow the fastest. Due to the increasing demand, it is anticipated that the online segment will grow the most during the anticipated time.

Which region dominated the consumer packaged goods market?

In 2021, 35.2% of the market was accounted for by North America. North America is the consumer packaged goods market leader. Over the past few years, the demand for consumer packaged goods has increased due to changes in lifestyle, growing urbanization, and everyday routines. Personal hygiene practices have significantly contributed to the rising utilization of personal care products, causing businesses to boost output. Consumer packaged goods are also being adopted by the rural population, causing businesses to reorient their attention away from metro areas and study the rural market.

How is US Market Performing in the consumer packaged goods market?

In 2021, the US will hold a prominent share of the global consumer packaged goods market. The consumer packaged goods market in US is growing as it is preferred due to daily routine and lifestyles of the US citizens. As well as increasing efficient marketing campaigns implemented by major food and beverages manufacturers are also promoting the growth and adoption of the consumer packaged goods market in the US.

consumer-packaged-goods -market

What is the competitive environment of the consumer packaged goods market?

The consumer packaged goods industry's competitive environment provides information on the entire economic profit made by suppliers and businesses, the sales and revenues created in this sector, the consumer packaged goods market share globally, consumer packaged goods industry trends, the business organization summary, the introduction of new products, the opportunities in the consumer packaged goods market and consumer packaged goods industry market size.

Executive Summary

What is Consumer Packaged Goods Industry?

Consumer packaged goods are products that everyday customers use and need to be replenished or replaced regularly. Because consumers can easily replace their product with one that is more readily available and less expensive on the market, the consumer packaged goods industry has a substantial amount of market saturation and low consumer switching costs. Such products have a consistent demand, and the market is competitive for all enterprises. This business tends to change swiftly when new worldwide markets arise in various nations due to the growing focus on emerging markets. It has been difficult for manufacturers to sell CPG through E-commerce sites on the internet since the product packaging must be distinctive and appealing to stand out from the competitors on a drugstore, grocery, or big box store shelf. The food and beverage sector comprises manufacturers who control, manage, and distribute food and beverages. The global food and beverage sector includes groceries, juices, packaged foods, baked goods, animal food, alcoholic beverages, hard and soft drinks, infant food, energy drinks, oils, and fats. There are an increasing amount of packaged goods on the market.

Which are the key investments by the consumer packaged goods market players?

Leading players operating in the consumer packaged goods market are focusing on expansion in production capacities for consumer packaged goods. Apart from this, players are concentrating on strategic mergers, acquisitions and collaborations to gain a competitive edge. For instance, an increase in consumer preferences and demand led to Subway hiring 50,000 new team members in May 2022 for its busiest summer. To assist the international expansion of its Hill's Pet Nutrition business, Colgate-Palmolive Company paid Red Collar Pet Foods $700 million in August 2022 for three dry pet food manufacturing facilities in the United States.

Some of the global consumer packaged goods companies are Anheuser-Busch InBev SA / NV, Nestlé SA, Procter & Gamble Co, PepsiCo Inc., Heineken NV, The Coca-Cola Co, Unilever plc, L'Oréal SA, Kweichow Moutai Co., Ltd., and Colgate Palmolive Société.

What are the Major Driving Factors for the Consumer Packaged Goods Market?

The micro-consumption segment, which propels the introduction of new items, is one of the numerous elements fuelling the rise of the consumer staple. While more new businesses are entering the market, CPG companies are increasingly tailoring new brand extensions to a certain clientele. The growing promotion of consumer packaged goods is another factor. With more products on the shelf, the CPG business or brand owner has increased the reach and frequency of its advertising and promotions. These offerings often include limited-time product variations focused on special occasions and promotions. They started running advertisements during this time to strengthen their brand, and 68 percent of CPG respondents agreed, according to the packaging survey.

What are the Major Risks for the Consumer Packaged Goods Market?

One of the trickiest industries to break into is probably consumer packaged goods (CPG) and services, to a lesser extent. Companies in this sector must balance innovation and adaptability while keeping the core services that helped them become successful in the first place. This opens up new development opportunities for CPG companies, but it also suggests that there are risks that senior executives need to take into account consumer behavior change, new competitors and entrants, and distribution challenges in the supply chain.

Which is the key distribution channel in the consumer packaged goods market?

There are two distribution channels for consumer goods: offline and online. While offline sales channels dominated commerce, rising digitalization and the number of internet platforms are forcing a change in consumer behavior. Consumers may easily assess the product's quality and shelf life through the offline sales channel because they can view the product up close. As a result, the online distribution channel will increase faster during the anticipated year. E-commerce websites and business portals are the key online outlets. Over the following few years, the online segment will be anticipated to expand dramatically as more and more online buyers choose various e-commerce platforms.

How is the consumer packaged goods market performing in regions?

In 2021, 35.2% of the market was accounted for by North America. The change in the home consumption basket of goods accounts for the Consumer Packaged Goods (CPG) industry's appealing growth rate in North America. Technological innovations and advancements are driving both offline and online channels. Because they are supposed to be used fast, CPGs have a short shelf life, which keeps demand steady. The market is also probably going to grow as a result of consumer micro-segmentation driving new product releases.

What is the consumer packaged goods market size, or how much is the consumer packaged goods industry worth?

The global consumer packaged goods market is anticipated to grow at a substantial CAGR of 6.5% in the upcoming years. The global Potassium Derivatives industry was estimated to be worth USD 598.2 million in 2021 and was expected to be worth USD 872.9 million by 2028.

What are the major players planning for the future of the consumer packaged goods market?

Major players are planning to adopt online distribution channels to expand their customer base Manufacturers are also focused on expansion in Asia Pacific countries due to robust demand in the region, a high-growth potential market for major players.

Segmentation of Global Consumer Packaged Goods Market-

Global Consumer Packaged Goods Market – By Product Type

  • Personal Care and Cosmetics
  • Food and Beverage
  • Household Supplies
  • Agricultural products
  • Wholesale distribution
  • Others

Global Consumer Packaged Goods Market – By Distribution Channel

  • Online
  • Offline

Global Consumer Packaged Goods Market – By Region

  • North America
    • US
    • Canada
  • Europe
    • Germany
    • France
    • UK.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South-east Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East and Africa

Frequently asked questions about the global consumer packaged goods market

COVID-19 has had a substantial impact on the market due to the outbreak of the COVID-19 pandemic, which reduced the demand for consumer packaged goods.

North America accounted for the most heightened share in the global consumer packaged goods market.

Increasing demand for consumer packaged food and beverages products and changing lifestyles will drive the consumer packaged goods market.

The offline segment had a major global market share in 2021.

The food and beverages segment had a major share in the global market.

Consumer Packaged Goods Market Scope

Report Attribute Details
Market Value in 2021 USD 598.2 million
Market Value in 2028 USD 872.9 million
CAGR 6.5%
Benchmarking Year 2021
Past data 2016 – 2021
Forecast period 2022 – 2028
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Trusted By
Godaddy
Published Date:  Oct 2022
Category:  Packaging
Report ID:   60764
Report Format:   PDF
Pages:   140
Rating:    4.6 (40)
Delivery Time: 24 Hours to 48 Hours   
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