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Consumer Goods and Retail Industry Overview

Consumer goods are any tangible commodities produced to address the daily and perceived needs of consumers. Home appliances, consumer electronics, toiletries and cosmetics, personal care and hygiene products, food products and beverages, and other generic household items are among the most common examples for consumer goods.

The consumer goods and retail industry is rapidly shifting to eco-friendly packaging materials such as Biodegradable plant-based material packaging and Smart packaging with embedded sensors. This industry focuses on a healthy environment and takes concerted initiatives and invests in R&D to achieve Sustainable Development Goals. These factors are creating opportunities for new revenue pockets in this market.

Consumer goods are subcategorized as durable goods and non-durable goods. Durable goods include home products; baby products and supplies; consumer electronics and appliances; and sports, fitness, and leisure products. However, cleaning products, office supplies, clothing and personal care products, and food and beverages are considered as nondurable goods.

Consumer goods providers are engaging themselves in business strategies such as mergers, acquisitions, or alliances, which are likely to help them reduce risks associated with the processes of creating new products, reaching new customers, expanding into new markets, increasing operating efficiencies and reducing capital expenditures.

Consumer Goods and Retail Industry Analytics

* Hover on bubble to show name of report, market size and CAGR numbers.

Consumer Goods and Retail Industry Reports

Report Name CAGR (%) Forecast Year Revenue ($ million) Published Date
Nutritional Bars Market 5.6 7100.96 December 2022
South America Avocado Market 5 1039.72 December 2022
North America Self Tanning Products Market 6.7 344.43 December 2022
Europe Resistance Bands Market 4.4 195.05 January 2023