Slow recovery seen for consumer goods industry - BusinessWorld Online

Kantar said in a statement on Tuesday that the country’s FMCG industry declined 4% year on year during the first nine months of 2021.

According to Lourdes Deocareza-Lozano, Kantar Philippines Worldpanel Division new business director, local FMCG companies should consider the changes to consumer behavior following the coronavirus disease 2019 pandemic in order to boost the industry. “Globally, food categories under breakfast and lunch benefit most from the shift to a work-from-home setup, especially during the first nine months of 2021. Beverages and dairy such as milk, flavored milk, coffee, ready-to-drink tea, juices and carbonated soft drinks saw steady growth across the seven major markets covered by Kantar’s recent study,” it said.

It added that products usually bought via online channels include bar bath soap, shampoo, laundry powder, lotion, baby diaper, and frozen or chilled meat.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Airbus sees signs of gradual recovery in PHL market - BusinessWorld OnlineEUROPEAN aerospace company Airbus SE said it is seeing signs of gradual recovery in the Philippines, helping boost demand for new aircraft in the Asia-Pacific region. READ:
Herkunft: bworldph - 🏆 9. / 68 Weiterlesen »

From Hermes to Ikea: brands suspend business in Russia - BusinessWorld OnlinePARIS — The world’s leading luxury brands said on Friday that they planned to temporarily close stores and pause business operations in Russia.
Herkunft: bworldph - 🏆 9. / 68 Weiterlesen »