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Lockdown: Nielsen slashes FMCG growth forecast by half to 5-6 pc for 2020

Market insight firm Nielsen has slashed the growth forecast for FMCG sector by almost half to 5 to 6 percent for 2020, citing impact of coronavirus pandemic and subsequent lockdown. Earlier, on January 21, Nielsen had projected the FMCG industry''s...

Impact of Lockdown on the FMCG Industry: Disruption in supply chain and labour force

The coronavirus pandemic and the ongoing 21-day lockdown has already had a big implication on global trade and commerce as countries have banned imports and exports and even shut down production of non-essential commodities. India has already taken plenty of...

The impact of COVID-19 on grocery shopping behavior

At the onset of the coronavirus pandemic in the U.S., grocery shopping behavior changed seemingly overnight. The question for many retailers and manufacturers is how the current crisis will impact future shopping behavior once the country returns to a...

FMCG sales decline in last week of March, e-comm to play a larger role: Nielsen

Retailers have witnessed a sharp decline in the last week of March across all channels, after posting double digit growth in the first three weeks on account of the lockdown, said data analytics firm Nielsen in a report. This was...

Forecast 2020: Trends & Expectations from the FMCG Industry

The FMCG industry in India has seen a remarkable transformation over the last two decades, facilitated by rising income levels, urbanisation and changing consumer behavior. The general industry sentiment is positive and optimistic post demonetization and GST implementation with...

FMCG sector to expand at 9 pc in FY20, growth to improve in FY21: Report

The Rs 4 lakh crore FMCG sector will close fiscal 2020 with a 9 percent growth, down 4 percentage points and a jump in rural buying will lift the same to 11 percent in fiscal 2021, a report said...

E-commerce to contribute 11 pc of FMCG sales by 2030: Nielsen

E-commerce's contribution to the total FMCG sales is expected to be 11 percent by 2030, according to market research firm Nielsen.E-commerce contributed 0.4 percent to FMCG sales in 2016 and in 2018 it is expected to be around 1.3...

ITC says net profit up over 10 percent in Q1

FMCG major ITC Ltd on Thursday reported a 10.08 per cent increase in its net profit to Rs 2,818.68 crore in the quarter ended on June 30 as compared to Rs 2,560.50 crore in the year-ago period.On a comparable...

The path to wholesome growth (FMCG/ wholesale markets)

As consumers in India today, we are spoiled for choice when it comes to buying our regular fast-moving consumer goods (FMCG) products. A wide range of retail formats across traditional trade, modern trade and online stores make it convenient...

FMCG firms may post 11.8 pc revenue growth in Q4: Report

Fast moving consumer goods (FMCG) firms are expected to post a net revenue growth of 11.8 percent in the March quarter, highest in the past 18 quarters, on acceleration in volume growth, GST-led savings and higher leverage benefits, said...
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