Press release
FMCG Industry Anticipated to Witness Steady Growth in the Coming Years
OverviewThe existing economic environment is stable for the FMCG industry, and customer confidence levels will remain constant during next six months. FMCG companies are positive about economic conditions in the Asia-Pacific region due to a growing population, rapid urbanization, and increase in household income among the middle class in China and India. Globally, the FMCG industry is expected to record higher expenditure on protecting the growing market share and improving operational efficiency in H2 2017. However, executives with business operations in North America expect an increase in semi-finished product prices during the next six months.
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Major Scope of the report:
- In total, 44% of survey respondents state that the current economic environment is stable, whereas 22% of respondents indicated that the economic condition is very favorable or favorable
- The positive outlook towards company growth over the next six months is highest among executives with business operations in Europe
- The majority of respondents with business operations in North America anticipate a significant increase in consumer confidence during the next six months
- Globally, 39% of FMCG industry executives expect an increase of 2% to 5.99% in the supplier prices of ingredients during the next six months
- Industry executives across the globe highlight the increasing tax burden and regulatory issues as pressing economical concerns that are likely to impact their company’s performance over the next six months.
Table of Contents
Introduction
Definitions
Methodology and sample size
Respondent profile
Confidence indexes
Economic state, growth prospects and consumer confidence
Existing economic environment
Industry and company growth outlook
Expected change in consumer confidence
Supplier prices, staff headcount and sales performance
Supplier prices expectations
Anticipated change in staff head count and sales projections
Anticipated change in spend on key activities
Business concerns and organizational priorities
Level of concerns and expected impact
Significance of potential business priorities
.Continued
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