Brief:
Fast-moving consumer goods, also known as consumer packaged goods, are products that are sold quickly and at a relatively low cost.
1) PACKAGED FOOD AND BEVERAGES
Main Offerings: Processed foods, snacks, beverages, dairy products, bakery items, confectionery.
Market Size & Growth: Over $2 trillion globally, with a projected growth of 3.4% CAGR (compound annual growth rate) by 2027 [Mordor Intelligence].
Essential KPIs:
- Market Share: Percentage of total sales in a category captured by a brand.
- Brand Preference: Consumer loyalty and preference for a specific brand.
- Product Sales Velocity: How quickly products sell through the supply chain. (Measured by inventory turnover or average time to sell)
- Profit Margin: Percentage of profit earned per unit sold.
- New Product Launch Success: Effectiveness of launching and establishing new products in the market.
2) PERSONAL CARE AND HYGIENE
Main Offerings: Soaps, shampoos, conditioners, cosmetics, toiletries, baby care products, oral care products.
Market Size & Growth: Over $600 billion globally, with a projected growth of 4.2% CAGR by 2027 [Grand View Research].
Essential KPIs:
- Brand Awareness: How familiar consumers are with a brand and its products.
- Shelf Placement and Visibility: Prominence of products on store shelves.
- Marketing Return on Investment (ROI): Effectiveness of marketing campaigns in generating sales.
- Customer Acquisition Cost (CAC): Cost of acquiring a new customer.
- Customer Lifetime Value (CLV): Total revenue a customer generates over their relationship with the brand.
3) HOUSEHOLD CARE
Main Offerings: Laundry detergents, cleaning supplies, air fresheners, paper products, waste management products.
Market Size & Growth: Over $300 billion globally, with a projected growth of 3.8% CAGR by 2027 [Statista].
Essential KPIs:
- Distribution Network Efficiency: Effectiveness of reaching consumers through retail channels.
- Out-of-Stock Rate: Frequency of products being unavailable to customers at stores.
- Product Innovation: Development and launch of new, improved products.
- Sustainability Initiatives: Measures taken to reduce environmental impact.
- Cost Efficiency: Cost optimization within the supply chain and production processes.
4) BEVERAGES
Main Offerings: Alcoholic beverages, non-alcoholic beverages (carbonated drinks, bottled water, energy drinks, etc.)
Market Size & Growth: Over $1.5 trillion globally, with a projected growth of 3.1% CAGR by 2027 [Expert Market Research].
Essential KPIs:
- Promotional Effectiveness: Ability of promotional campaigns to drive sales.
- Seasonal Sales Performance: Performance of products during specific seasons.
- New Product Trial Rate: Rate at which consumers try new beverage offerings.
- Customer Churn Rate: Rate at which customers stop purchasing a brand's products.
- Brand Image: Overall perception and reputation of the brand.
DISCLAIMER: This blog is solely for educational purposes and not to offer any investment advice. Please do your own research or consult a financial advisor before making any investment decisions.
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