The
consumer goods & retail industry’s growth over the past couple of decades
has been exhilarating, to say the least. Consumer goods companies have launched
novel consumer products to meet a burgeoning array of human desires and needs.
The players operating in the CG industry have rapidly expanded into the
flourishing consumer markets of the developing economies. Furthermore, they
have aggressively created global scale along value chain’s all parts in order
to make this escalated growth profitable and possible. The innovative strategies
followed by the CG companies, coupled with augmented margins and rapidly
growing categories, have time and again delivered exceptional shareholder
returns.
Today,
the consumer goods and retail industry is on the brink of a new age: Virtual
shopping. The face of new economy, e-commerce has just been here, and yet more unique
and disruptive ways have already been created to flood the market, providing
entirely different customer experiences. Nevertheless, as the industry
approaches further, disruptions in the global consumer goods markets are
expected to produce as many losers as winners among CG players. For instance,
Asia Pacific region will outstrip the West as the major consumer market, and
will demand different levels of disruption from CG companies. Traditional sales
models could be toppled owing to increasing Internet penetration. Some of the
major problems that CG companies face include shifting consumer approach
towards products & brands, changing stringent regulations and new entrants
to the consumer goods and retail sector.
Industry
Probe’s business intelligence reports on consumer goods and retail industry
provide insights into the undercurrents of the industry and prepare them to respond
to any tests they face at any stage of the business cycle.
Industry Probe is a leading market research and business intelligence firm focused on consumer goods & industrial machinery sector offering best-in-class intelligence services through a workforce of talented & experienced analysts.
Offering a varied range of services from syndicated research & consulting solutions to competitive intelligence & full time engagement, Industry Probe is renowned for delivering excellent visibility and bringing better understanding to companies seeking greater market awareness.
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