COVID-19 Impact on Colgate-Palmolive Company, 2022 Update

'COVID-19 Impact on Colgate-Palmolive Company, 2022 Update', reports key findings as of 4th March, 2022 based on market analysis and brand diversification by industry and geography.

The positive outlook for Asia, the company's biggest operating region led by the growth in China and India, is expected to further prove beneficial in the upcoming period. Moreover, the launch of new products in the premium personal care category will further expand the customer base. However, further global economic turmoil due to the Russian invasion of Ukraine may have some negative impacts on the company's business in the European and North American markets.

Scope

• Colgate-Palmolive's operations in the Asian market, primarily in China, present a promising outlook in the coming quarters.
• The rise in fuel prices will result in higher household expenditure and consumers might restrict their non-essential spending.

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