Consumer products outlook 2023

  • What are the challenges of consumer goods in 2023?

    In today's climate, if you ask any consumer company CEO what is top of mind, the response will likely begin with rising costs and end with price sensitivity.
    Supply chain disruption and geopolitical volatility have increased the cost of energy and raw materials, driving up inflation..

  • What is the consumer products outlook for 2023?

    Record inflation, supply chain issues, labor shortages, global conflicts, climate change, and a potential recession—each in isolation is challenging.
    Combined, they are overwhelming.
    And consumers' heads are likely spinning.
    Their context keeps changing and with it their behaviors..

  • What is the outlook for retail in 2023?

    Economic outlook for the retail industry
    A slowing economy will keep retail sales growth in check.
    In our baseline scenario (55% probability), we forecast GDP growth to slow to 0.9% in 2023 from an estimated 2% in 2022 and 5.9% in 2021..

  • What is the outlook for the consumer goods market?

    Output in the Consumer Goods market is projected to amount to US$22.12tn in 2023.
    A compound annual growth rate of 14.23% is expected (CAGR 2023–2028)..

  • From 2023 to 2030, the Fast Moving Consumer Goods (FMCG) market displays a consistent and positive growth direction, indicating a favorable outlook for the industry.
    This growth is propelled by several key factors, including increasing consumer demand, advancements in technology, and shifting consumer preferences.
  • Output in the Consumer Goods market is projected to amount to US$22.12tn in 2023.
    A compound annual growth rate of 14.23% is expected (CAGR 2023–2028).
Deloitte's 2023 consumer products industry outlook examines the latest CPG trends to help companies overcome challenges and drive profitable growth.
High inflation, supply chain issues, labor shortages, global conflicts, and climate change are likely to persist in 2023, creating uncertainty and disruption for companies in household goods, apparel, and other consumer segments. Traditionally, CP as an industry has been based on stability and consistency.

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