The fast- Moving consumer goods (FMCG) sector is an important contributor to India's GDP and it is the 4th largest sector of the Indian economy has market size ~ Rs.460 billion. Items in this category are meant for the frequent consumption and they usually yield a high return. This ...
What are the key market drivers leading to the rise in the adoption of FMCG Industry? Growing preference for e-commerce online distribution is the key driver of the market. The e-commerce sector has significantly influenced the sales of Fast-Moving Consumer Goods (FMCG) products due to its co...
The FMCG market has grown significantly due to developed markets such as the U.S., China, and others. These are expected to account for over 70% of the global increase in consumer expenditure. According to projections from the World Bank, India would have surpassed Japan and Germany to becom...
Management Guru Mr.C.K Pralhad's thought - fortune lies at the bottom of the pyramid is very true when it comes to exploring the rural markets and grabbing an opportunity to expand the market. The FMCG sector in India is the fourth largest in the economy, with a market s...
The retail sector's digital transformation is particularly noteworthy, with online penetration expected to reach 10.7% by 2024, compared to 4.7% in 2019. This shift is further validated by the Federation of Indian Chambers of Commerce & Industry's projection of India's retail market reaching USD...
Flexible plastic packaging dominates India's plastic packaging market, comprising 75% of total usage. The FMCG sector prefers this packaging type for its versatility and cost-effectiveness. Small-scale manufacturers, focusing on cost, produce diverse multi-layered packaging compositions. This results in...
Explore Innovations in the Air Freshener Industry to Stay Relevant and Get a Competitive Edge. March 2025 315 pages Consumer Product Fast-Moving Consumer Goods (FMCG) Air Freshener Market Outlook 2025 to 2035 The air freshener market is estimated to grow from USD 17.4 billion in 2025 to USD 28...
The global oleochemicals market size was estimated at USD 24.42 billion in 2023 and is projected to grow at a CAGR of 7.0% in terms of revenue from 2024 to 2030
There is high competition between various online grocery stores present in the market. They try to attract new customers by means of discounts and promotions. In the FMCG sector, goods are being purchased more frequently by the customers. Commerce cloud solutions help to integrate various ...
Furthermore, economic growth in developing countries has led to a significant increase in disposable income among consumers which led to growth in FMCG sector eventually having a positive impact on the FMCG Packaging Market. For example, between 2019 and 2030, there is projected growth in the numb...