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FMCG Industry Business Confidence Report 2020

  • ID: 5055439
  • Report
  • May 2020
  • Region: Global
  • 42 pages
  • GlobalData
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FMCG Industry Business Confidence Report 2020

Summary

Globally, the existing economic environment is stable for the FMCG industry, as stated by 49% of respondents. Meanwhile, 22% felt that current economic conditions were favorable for the FMCG industry. The recent global COVID-19 pandemic has affected the entire global economy, including the FMCG sector. The government move towards partial/ complete lockdown in most of the regions has affected supply chains, thereby, significantly impacting the business growth of FMCG companies. The current global uncertainty coupled with restricted consumer spending has halted the growth of FMCG companies. Furthermore, 41% of respondents expect a positive change in consumer confidence over the next 12 months (March 2020-February 2021). Globally, surveyed executives anticipate a 4.6% rise in the price of raw materials. Regulatory concern and increasing tax burdens are viewed as the most pressing worries for FMCG companies over the next 12 months.2

FMCG Industry Business Confidence Report 2020 examines executives’ opinions on the business environment during the next 12 months (March 2020-February 2021). It also covers existing economic conditions, supplier price variations, sales performance, industry and company growth outlook, spending patterns, and key priorities. Additionally, the report provides information categorized by region.

What else does this report offer?
  • Current state of the global economy: examines prevailing economic conditions globally and across various regions
  • Company and industry growth outlook: provides industry executives’ expectations of growth prospects for their company and for the industry over the next 12 months
  • Change in customer confidence: analyzes FMCG industry executives’ opinion on changes in customer confidence during 2020-2021
  • Supplier prices projection: determines expected change in supplier prices across various categories and their impact on business confidence
  • Change in staff headcount and sales performance: tracks expected change in staff headcount and sales for 2020-2021 among industry executives globally as well as regionally
  • Significant investment activities: highlights various areas in which industry executives intend to spend and invest over the next 12 months
  • Business concerns: provides information about potential business concerns indicated by survey respondents for 2020-2021
  • Key priorities: identifies the top priorities of industry executives operating in various regions
Scope
  • The highest percentage of respondents view the current state of the global economy as stable in terms of its impact on the FMCG industry
  • Overall, supplier prices for packaging are expected to rise by an average of 4% over the next 12 months
  • Executives indicated that “green” initiatives will see the highest increase in capital expenditure during 2020-2021, followed by new product development
  • Surveyed executives showed more optimism towards their industry’s growth prospects than the company’s growth prospects over the next 12 months
  • The majority of respondents with business operations in Asia-Pacific point to health epidemics as their most critical concern for 2020-2021
Reasons to Buy
  • Helps organizations to make effective business strategy decisions through the provision of information on prevailing business conditions and sentiment within the FMCG industry
  • Organizations will be supported in business expansion decisions through the provision of information on projected changes in sales performance, staff headcount, and supplier prices
  • Helps executives to make informed decisions for their organization through the provision of insights into key priorities and the main concerns within the FMCG industry over the next 12 months
  • Helps with investment allocation by allowing the reader to understand key focus areas for 2020-2021, highlighted by survey respondents
Note: Product cover images may vary from those shown
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Introduction
  • Definitions
  • Methodology and sample size
  • Respondent profile
  • Economic state, growth prospects, and consumer confidence
  • Existing economic environment
  • Industry and company growth outlook
  • Expected change in consumer confidence
  • Supplier prices, staff headcount, and sales performance
  • Supplier prices outlook
  • Anticipated change in staff head count and sales projections
  • Anticipated change in spending on key activities
  • Business concerns and organizational priorities
  • Level of concerns and expected impact
  • Significance of potential business priorities
Appendix

List of Figures
Figure 1: Current economic condition - overall
Figure 2: Current economic condition - region wise
Figure 3: Current economic condition - those that operate and do not operate in a region
Figure 4: Industry’s and company’s growth prospects - outlook and overall
Figure 6: Industry’s and company’s growth prospects - overall and regional analysis
Figure 7: Anticipated variation in customer confidence - overall
Figure 8: Anticipated variation in customer confidence - region wise -
Figure 9: Projected change in supplier prices - raw materials - overall and by region
Figure 10: Projected change in supplier prices - semi-finished product - overall and by region
Figure 11: Projected change in supplier prices - power and energy - overall and by region
Figure 12: Projected change in supplier prices - packaging- overall and by region
Figure 13: Staff headcount and sales outlook - by region -
Figure 14: Expenditure projection on key activities - overall
Figure 15: Top five business concerns - by region
Figure 16: Business concerns - overall and regional analysis - A
Figure 17: Business concerns - overall and regional analysis - B
Figure 18: Business concerns - overall and regional analysis - C
Figure 19: Top five organizational priorities - by region
Figure 20: Organizational priorities - overall and regional analysis
Note: Product cover images may vary from those shown
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