Statistics
FMCG Industry Trends
As per globenewswire, globally,
- The current economic environment is quite stable for the global FMCG industry, as per 39% of respondents.
- 37% felt that current economic conditions were favorable for the FMCG industry.
- Fast-changing lifestyles among middle-class consumers to buy quality products is another positive factor, as are increasing overall per capita household spending, the implementation of digitalization techniques along the procurement and distribution cycle, and growing e-commerce prominence.
- 51% of respondents expect a positive change in consumer confidence. Globally, surveyed executives anticipate a 3.8% rise in the price of raw materials.
- Regulatory concern and increasing tax burdens are viewed as the most pressing worries for FMCG companies over the next 12 months.