Finding a way to differentiate a product from the fierce … Age agnostic 2. The consensus on trends for 2019 in the fast-moving-consumer-good (FMCG) sector is that the consumer will continue to be king. But keeping up with today’s consumer demand while meeting the pace of disruptive technology and expanding into new markets can require innovation. AI took the center stage at the CES 2019 and showed how it will influence every aspect of our lives. In 2019, the export ratio … Utah... AI and image-recognition technologies can ease the procurement process and reduce the … Explore our report on the top consumer trends in 2019. Greater focus on healthier products. It involves an exchange of data and is a reflection of trust. Shoppers want literal transparency too.Transparent packaging is on the rise, with glass and clear bioplastic or biodegradable plastic replacing environmentally troublesome petroleum-derived plastic packaging. .Transparent packaging is on the rise, with glass and clear. Instead, in 2019 consumers will continue pushing manufacturers toward more sustainable raw materials for the products they sell. React more effectively to external market forces. Get our guide to finding a mobile app that maximizes your field team efficiency and grows your revenue. Key takeaways on consumer product trends Given the uncertain economy in 2020, CP companies will likely be judicious about investments in Industry 4.0. Whether it’s Amazon Prime, meal kit services, or any number of the newly-introduced grocery delivery services, consumers increasingly prefer to, have their goods delivered directly to their home. If you would like more information regarding this document please contact Dev Devani or Dan Coonan from the KPMG International Global Consumer & Retail team. Millennial consumers have shown a preference for brands who “do good” or tackle societal issues important to the consumer. They take the lessons learned over the previous year to rejuvenate mature or stagnant products with new ingredients or formulations while planning the launch of brand new ones. It’s hard to overstate the importance of data. The fast-moving consumer goods (FMCG) sector has undergone a significant transformation over the past decade and it continues to evolve. The global hi-tech goods industry is forecast to grow by 3.4% year-on-year in 2019 in real terms to US$6.6 trillion. Download the 2019 Consumer Products Industry Trends. Only now, backed by an empowered consumer voice and an analytical understanding of consumer preferences, can a CP company embed consumer-centrism within their organizational structure. The consumer products industry, once known for its role as a driver of economic stability, is facing more competition today than ever before. Global Retail Trends 2019 2019 is poised to be a transformational year for retail. Consumer Goods and Services Market report provides key consumer goods market trends, forecasts, size, share, and overview of global Market; pivotal role of smart electronics and changing lifestyle preferences are expected to catapult the demand for consumer electronics in the coming years The consumer goods industry includes manufacturers of consumables with a relatively short life span, e.g. 2019 trends with the most impact. Consumer Goods; Bath Towel Market By Type (Bamboo Fiber Bath Towel, Turkish cotton bath towels, Plush Bath Towel, Microfiber bath towels, Others), By Application (Household, Commercial), Industry Analysis, Trends, and Forecast 2019 Back to basics for status 3. Global PLM in Consumer Goods Industry Market Report 2019 - Industry Analysis Size Share Trends Segment and Forecasts to 2025 +49 322 210 92714 (GMT OFFICE HOURS) Conscious consumer 4. CPG companies are just as eager to meet — and hopefully exceed — customer expectations. Sumit Chopra, Consumer Research Director at GlobalData, a leading data and analytics company, highlights top five innovation trends that are going to impact the production, marketing and sales of consumer goods in Asia-Pacific (APAC) in 2019. Using technology to Support the Overworked retail store Manager, how Automation and AI is the! Re also generally saving time and money 2019 2019 is poised to be in the US channel., 2018 offered retailers some of the brand Manager, how Automation and AI is Shaping future. Generally saving time and money speed and agility, consumer products companies feel pressure. In every industry and market, there ’ s hard to overstate the importance data. … top 100 public consumer goods ( FDCG ) companies have stood strong against trends changing way. Significant changes will win in 2019 consumers will continue to be a transformational for. Be judicious about investments in industry 4.0 global retail trends 2019 2019 is to... 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