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Consumer Packaged Goods (CPG) Market Size, Trends, Industry Analysis, CPG Industry Overview 2022-2028

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Abstract

The Consumer Packaged Goods (CPG) Market is expected to grow at a faster pace in the coming years. This growth is attributed to increasing household consumption basket of goods and technological innovations and advances, which are driving the market on both offline and online channels. The market also has high profit margins, which makes it attractive for investors. The Global Consumer Packaged Goods (CPG) Market report includes a detailed analysis of the entire range of products covered in the market, including volume, price and revenue. The report also includes an analysis of various market segments such as distribution channels, product mix, end-use industry and region.
Consumer Packaged Goods (CPG) Market Insight
The Consumer Packaged Goods (CPG) Market is expected to grow at a faster pace in the coming
years. This growth is attributed to increasing household consumption basket of goods and
technological innovations and advances, which are driving the market on both offline and online
channels. The market also has high profit margins, which makes it attractive for investors. The Global
Consumer Packaged Goods (CPG) Market report includes a detailed analysis of the entire range of
products covered in the market, including volume, price and revenue. The report also includes an
analysis of various market segments such as distribution channels, product mix, end-use industry
and region.
As the global economy mends, the 2021 growth of Consumer Packaged Goods (CPG) will have
significant change from previous year. According to our latest study, the global Consumer Packaged
Goods (CPG) market size is USD million in 2022 from USD 1951710 million in 2021, with a change of
% between 2021 and 2022. The global Consumer Packaged Goods (CPG) market size will reach USD
2418700 million in 2028, growing at a CAGR of 3.1% over the analysis period.
Request Free Sample of Consumer Packaged Goods (CPG) Market Report @
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Market Definition:
Consumer packaged goods, also called consumer goods, are items used daily by average consumers
and need routine replenishment or replacement. Examples of consumer packaged goods are food,
beverages, clothes, makeup, household products, tobacco, and others. The consumer packaged
goods sector has high market saturation and low consumer switching costs. Demand for such
products is constant and is a competitive sector for all companies. As the emerging markets receive
a lot of attention, this market tends to change rapidly with the introduction of international markets
in various countries. Today, consumer packaged goods are also available in online markets against
previous times where the products were only available in brick-and-mortar stores. Packaging of
these products is different and attractive to differentiate from each other or its competitors on
pharmacies, grocery stores.
Manufacturers of consumer packaged goods have had difficulty selling their products through e-
commerce channels. A consumer packaged good is any product intended for mass consumption and
final purchase by consumers, either directly or via a third party, typically sold in retail packaging. The
food and beverage sector comprises a wide variety of consumer packaged goods, including
groceries, drinkable liquids and juices, packaged foods, nutritional and natural foods, metal canned
goods, baked food, animal food, hard and soft drinks, alcoholic drinks and baby food. The variety of
products in the packaged food sector is increasing.
Market Overview:
The rapid growth of consumer package goods can be attributed to several factors, including the
growing number of new companies introducing their product lines and limited-run product variants
(driven by special events and promotional activities) and an increase in promotional activity. The
packaging survey indicates that promotional activity is on the rise, with 68% of respondents claiming
that they have expanded their scope and increased the frequency of their advertisement and
promotional activities.
The third driver for growth is the private-label/Tier 2 brand share of the Consumer Packaged Goods
(CPG) Market, which provides cheaper products to remain in competition with higher brands. The
Consumer Packaged Goods (CPG) Market Insight
count of SKU units has increased due to the expansion of the CPG Market along with the increased
demand for innovative packaging as these small brands compete more directly with Tier 1 brands.
Global Consumer Packaged Goods (CPG) Market: Segmentation Analysis:
This report presents a comprehensive overview, market shares, and growth opportunities of
Consumer Packaged Goods (CPG) market by product type, application, key players and key regions
and countries.
Segmentation by type: breakdown data from 2017 to 2022 in Section 2.3; and forecast to 2028 in
section 10.7.
Food and Beverage
Personal Care and Cosmetics
Household Supplies
Others
Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to
2028 in section 10.8.
In-Stores
Online Sales
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Consumer Packaged Goods (CPG) Market Insight
The report also presents the market competition landscape and a corresponding detailed analysis
of the major players in the market. The key players covered in this report: Breakdown data in in
Chapter 3.
Procter & Gamble
Unilever
LOreal SA
Colgate-Palmolive
The Kraft Heinz Co.
Kellogg Company
Nestle
Pepsi
Coca-Cola
Carlsberg A/S
Diageo
Heineken NV
AB InBev
Kweichow Moutai
Keurig Dr Pepper
Campbell Soup Company
Table of Content:
1 Scope of the Report
2 Executive Summary
3 Consumer Packaged Goods (CPG) Market Size by Player
4 Consumer Packaged Goods (CPG) by regions
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Global Consumer Packaged Goods (CPG) Market Forecast
11 Key Players Analysis
12 Research Findings and Conclusion
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