10.18.16
From Brexit’s impact on the UK and EU to the upcoming US presidential election, political uncertainty continues to challenge and influence the global economic outlook with fast-moving consumer goods (FMCG) industries, according to Euromonitor International’s industry forecast statement for Q3 2016.
Within FMCG industries, Q3 forecast growth revisions point to marginal sales downgrades. In the short-term, several emerging markets will see a protracted recovery. However, growth will return over 2016-2020, according to Euromonitor.
“FMCG companies must shift focus to markets with healthier growth opportunities such as India and Indonesia,” noted Kotryna Tamoseviciene, a macro analytics manager at Euromonitor. “Value-added consumer goods such as premium lager and skin care appear to offer more secure revenues, for now.”
Within beauty and personal care, Euromonitor reports the sharpest downgrades are observed in men’s toiletries and fragrances, both losing 0.5 percentage points in compound annual growth rate over 2015-2020.
The Q3 update also shows a further decline in US laundry care sales with a $80 million downward revision.
Within FMCG industries, Q3 forecast growth revisions point to marginal sales downgrades. In the short-term, several emerging markets will see a protracted recovery. However, growth will return over 2016-2020, according to Euromonitor.
“FMCG companies must shift focus to markets with healthier growth opportunities such as India and Indonesia,” noted Kotryna Tamoseviciene, a macro analytics manager at Euromonitor. “Value-added consumer goods such as premium lager and skin care appear to offer more secure revenues, for now.”
Within beauty and personal care, Euromonitor reports the sharpest downgrades are observed in men’s toiletries and fragrances, both losing 0.5 percentage points in compound annual growth rate over 2015-2020.
The Q3 update also shows a further decline in US laundry care sales with a $80 million downward revision.