Typically, FMCG products have a relatively short shelf life due to high consumer demand or because they are perishable.
Because of the nature of items that are bought frequently, consume quickly (daily), sold at low prices and sold in large quantities, FMCG products have very high sales.
FMCG products are mainly distribute in places where consumers can easily shop, such as grocery stores, supermarkets, (traditional) markets, or convenience stores.
According to statistics from Statista , the market capacity of the FMCG industry will reach a value of more than 15 trillion USD by 2025 and increase by more than 300 billion USD in the period from 2022 to 2026.
Fmcg is Abbreviate in English as Fmcg
What is package goods?
Package Goods (CPG), means consumer package goods or consumer package goods. A concept that refers to products that consumers shop on a regular. Basis such as cosmetics, clothing, food or beverages. drinks.
While both FMCG and package goods are terms that refer. To goods that are consume on a regular basis and at low prices, there are certain Air Transportation Email List differences between them. So what is the biggest difference between FMCG and package goods?
Collectively, package goods or package goods have a broader meaning and include FMCG.
While package goods, i.e. package consumer goods. Includes all products that are consume on a regular basis by consumers in large quantities, FMCG includes only products that are consume quickly.
Fast (very fast) and slow consumption is the biggest. Difference between FMCG products and package goods.
Example While You Might Buy a Mask on a Regular
Masks are mainly package products, while toothpaste. Or toilet paper are in the fast-moving consumer goods industry.
FMCG and package goods differ in how sales are achieve.
From the perspective of marketers CMB Directory and businesses. Another difference between FMCG and package goods is that FMCG products are consume faster and more often, the number of products to be sold as well as the way to achieve sales will be easier than for consumer package products.
