The consumer goods sector is a category of stocks and companies that relate to items purchased by individuals rather than by manufacturers and industries. This sector includes companies involved with food production...Show More
The consumer goods sector is a category of stocks and companies that relate to items purchased by individuals rather than by manufacturers and industries. This sector includes companies involved with food production, packaged goods, clothing, beverages, automobiles and electronics, Apparel, Consumer Services, Cosmetics & Personal Care, House & Home Care, Retailing, Sporting Goods, Tobacco Product, Game, Toy, and Travel & Leisure etc.
Performance in the consumer goods sector depends heavily on consumer behavior. When the economy grows the sector will see an increased demand for higher-end products. When the economy shrinks there is an increased demand for value products. While some product types, such as food, are necessary, others, such as automobiles, are considered luxury items.
Owing to the increase in the incomes and consequent augmentation of the spending power of individuals, the consumer goods market has witnessed a boom in sales, in the past few years. The primary countries witnessing an increase in the sale of consumer goods constitute Brazil, Russia, India and China, also known as the BRIC nations. Apart from them, other Asian countries are also experiencing a similar wave.
Reports provide complete market outlook of Consumer Goods market with Competitor analysis which aids the business firms to strategize and execute their operations in the respective market.
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Published on: Jan 2020 | From USD $2900 |
Published By: MAIA RESEARCH KOREA | Number Of Pages: 115 | Category: CONSUMER GOODS