In 2021, the market for fast-moving consumer goods (FMCG) was estimated to be worth USD 15,315.25 billion. Based on projections, the sector is expected to rise at a compound annual growth rate (CAGR) of 4.56% from USD 15,829.84 billion in 2022 to USD 22,863.25 billion by 2030.
The basis for a thorough and perceptive examination of the sector is laid by the extensive scope and research methodology of the South Korea Fast Moving Consumer Goods Market report. The scope of the study is extensive, covering a wide range of coffee machine types, applications, and end-user sectors to give a thorough understanding of the market environment. In order to assure accuracy and dependability, the research approach used complies with strict guidelines and combines primary and secondary research with market surveys and data triangulation. With the use of this strong technique, insightful information about market trends, competitive environments, and new business prospects can be extracted, giving stakeholders a comprehensive picture of the South Korean fast-moving consumer goods market.
COVID 19 Impact
The COVID-19 pandemic caused supply chain disruptions and financial uncertainty due to disruptions in manufacturing activities worldwide. The emphasis shifted to immediate concerns such as health and safety measures, workforce management, and financial stability. The COVID-19 outbreak disrupted global supply chains, affecting South Korea Fast Moving Consumer Goods availability and delivery. The closure of cafes and restaurants during the lockdown period reduced sales of commercial coffee machines. However, as more people stayed at home, demand for home coffee machines increased as consumers sought to replicate the café experience.
Key Companies in the South Korea Fast Moving Consumer Goods market include
- Nestle S.A.
- Pepsico Inc.
- Coca Cola
- Unilever
- Tyson Foods
- Procter & Gamble Co.
- L'OREAL SA
- ANHEUSER-BUSCH INBEV
- JBS Foods
- Kraft Heinz
Key Features of the Fast Moving Consumer Goods Market Report: -
➤ Analyze competitive developments such as expansions, deployments, new product launches, and market acquisitions.
➤ Examine the market opportunities for stakeholders by identifying higher growth sections.
➤ To study and analyze the global Fast Moving Consumer Goods industry status and forecast including key regions.
➤ An in-depth analysis of key product segments and application spectrum, providing strategic recommendations to incumbents and new entrants to give them a competitive advantage over others.
➤ It provides a comprehensive analysis of key regions of the industry as well as a SWOT analysis and Porter's Five Forces analysis to provide a deeper understanding of the market.
➤ It helps you make strategic business decisions and investment plans.
Key Reasons to Purchase
- To gain insightful analyses of the market and have comprehensive understanding of the market and its commercial landscape.
- Assess the production processes, major issues, and solutions to mitigate the development risk.
- To understand the most affecting driving and restraining forces in the market and its impact in the market.
- Learn about the market strategies that are being adopted by leading respective organizations.
- To understand the future outlook and prospects for the market.
- Besides the standard structure reports, we also provide custom research according to specific requirements.
FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)
Key questions answered in the report:
- Which are the five top players of the Fast Moving Consumer Goods market?
- How will the Fast Moving Consumer Goods market change in the next five years?
- Which product and application will take a lion’s share of the Fast Moving Consumer Goods market?
- What are the drivers and restraints of the Fast Moving Consumer Goods market?
- Which regional market will show the highest growth?
- What will be the CAGR and size of the Fast Moving Consumer Goods market throughout the forecast period?
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY 16
2 MARKET INTRODUCTION 23
3 RESEARCH METHODOLOGY 26
4 MARKET DYNAMICS 32
5 MARKET FACTOR ANALYSIS 43
6 GLOBAL FAST MOVING CONSUMER GOODS MARKET, BY TYPE 56
7 GLOBAL FAST MOVING CONSUMER GOODS MARKET, BY PRODUCTION TYPE 66
8 GLOBAL FAST MOVING CONSUMER GOODS MARKET, BY DISTRIBUTION CHANNEL 69
9 GLOBAL FAST MOVING CONSUMER GOODS MARKET, BY REGION 73
10 COMPETITIVE LANDSCAPE 102
11 COMPANY PROFILES 107
12 APPENDIX 147
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NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.
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