REPORT SAYS INDIAN FMCG INDUSTRY RECORDED 9.4 PERCENT GROWTH IN FY21 Q4

HIGHLIGHTS

• A report says that Indian FMCG Industry recorded 9.4% growth in FY21 Q4.
• Rural markets continued to build momentum.

In the last quarter (Q4) of FY21, India’s Fast Moving Consumer Goods (FMCG) industry recorded 9.4% g...

REPORT PREDICTS INDIA LEADING GLOBAL FMCG AD SPENDS GROWTH AT 14 PERCENT

HIGHLIGHTS

• A report says that India is leading global FMCG ad spends growth at 14%.
• In India, FMCG ad spends are increasing due to many factors.
• These factors include rising consumer demand, increasing disposable incomes, and catch-up expan...

MARS WRIGLEY PARTNERS WITH ANS COMMERCE

HIGHLIGHTS

• Mars Wrigley has forged a partnership with ANS Commerce.
• Partnership is meant to focus on warehousing and delivery fulfilment.
• ANS Commerce will also set up cold storage for maintaining the right temperature for chocolates.
...

RISING INPUT COST OF SOAPS LEADING TO PRICE HIKES

HIGHLIGHTS

• The input costs of many FMCGs especially soaps is increasing.
• Hence, the price of various soaps is increasing.

The top Fast Moving Consumer Goods (FMCG) companies in India have raised prices of many soap brands as palm oil...

FMCG COMPANIES CONTINUE TO BENEFIT FROM ONLINE SALES

HIGHLIGHTS

• FMCG companies are getting benefits due to online sales.
• A report by Unicommerce said that sales on e-commerce grew 36% in volume terms compared to FEB 2020.
• In DEC 2019 quarter, 30% growth was witnessed.
• In DEC 2020 q...

IMPORT OF JAPANESE CONSUMER PRODUCTS CONTINUES TO FALL AMID BOYCOTT

Highlights –

• Import of Japanese consumer goods fall
• South Korea boycott

For the seventh consecutive month, until January, South Korea’s key imports of consumer goods from Japan fell. According to data published on Tuesda...

A veteran of Fast Moving Consumer Goods (FMCG), Rajeev Bakshi has joined Ola's food

Fast-moving consumer goods consist of all the products that purchasers or consumers require on a daily basis. All the products ranging from clothing to food to anything that you can think of that a person needs or uses in his or hers day to day basis or for running their whole day are all categor...

Q3FY20 does not hold any good expectations for FMCG firms

To Indian fast-moving consumer goods (FMCG) firms, the September quarter did not offer much respite, although some companies managed to do better than others.

Another quarter down the lane (Q3FY20), investors would do well to keep expectations low as demand recovery hopes have not been ...

GCPL delivered volume growth in December quarter

Godrej Consumer Products Ltd (GCPL) is a Mumbai-based consumer goods firm. In December quarter, it registered volume growth in the mid-single-digit range. It is because of its strong consumer promotions, new launches and an uptick in demand for its household insecticides portfolio.

GCPL...

FMCG distributors claim that companies are willing to bring in more price parity to the trade

Merchants of quick moving buyer merchandise (FMCG) said they have been given confirmations by enormous shopper products firms that going ahead items given to key merchants and those provided to huge business-to-business or sorted out discount stores and B-2-B web based business venders will be ev...

Indonesia to cut down imports on goods

Consumer goods are essential to the economy and some economies can’t have enough of these goods and are always looking for ways to produce more or export more of these products as they are essentials and cannot fail completely and they longer shelf lives gives them a good scope even if not ...

The demand for sustainable consumer goods rises

A European Commission-funded project supported by the United Nations is calling for consumers to demand electronic and electrical products made with recycled plastic in the wake of climate emergency, and for manufacturers to redesign products to both improve recyclability and integrate recycled p...