Read this blog to know all about the consumer goods sector in India. Learn about the top Indian consumer goods stocks and their recent performance.
India is among the largest markets for consumer goods globally. According to a World Economic Forum report, it is poised to be the third largest consumer market in the world, following the US and China.
The future looks promising for the sector however the COVID-19 pandemic has interrupted the growth spike. 2020 has not been great for the consumer goods industry in India.
Despite the interruptions, the industry is back to a trajectory of steady growth. In this blog, we go through different kinds of goods that fall in the consumer goods industry, top sector stocks, and how to choose the best stocks to invest in.
Important: This blog is meant to educate readers and the information furnished here is not to be construed as investment advice from Cube Wealth. Please consult a wealth coach or financial advisor before investing in any asset. Before adopting any investment strategy, it's advisable to download the Cube Wealth app and consult a Cube Wealth Coach who can provide guidance based on your risk tolerance.
Consumer goods refer to products that are bought and used by the final consumers or individuals. These products are sold directly to the consumers and are not used to manufacture other goods.
Some everyday examples of consumer goods are:
Broadly, consumer goods are categorised into durable and non-durable items.
Also known as slow moving goods, consumer durables are products that typically last more than a year. Furniture, home improvement, and electronic appliances are a few examples of consumer durables.
Some of the leading brands dealing in consumer durable goods are:
Non-durable consumer goods are popularly referred to as FMCGs. They include everyday consumption items like food, beverages, toiletries, apparels, footwear, etc.
Some of the leading brands dealing in consumer durable goods are:
To get a comprehensive view of the consumer goods sector in India, let’s look at both consumer durables as well as the FMCG sectors.
Read this blog to know more about the US consumer goods sector
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Important Note: All facts & figures mentioned in the tables above have been collated from publicly available sources. The companies mentioned in the tables are listed in no particular order and are a reflection of India’s most popular ecommerce sector brands at the moment. Cube Wealth does not recommend purchasing stocks based on popularity alone and suggest you consult a Wealth Coach before putting your hard-earned money into any asset. You may also see a Cube Wealth Coach or download the Cube Wealth app to effectively implement these tactics and accomplish long-term financial objectives.
1. Fast moving consumer goods (FMCG) is the 4th largest sector in the Indian economy.
2. Even though online shopping is an emerging trend, it accounts for 4.9% of the FMCG market.
3. ITC, Hindustan Unilever, Amul, Nestle, Marico, Britannia Industries, Procter & Gamble are among the biggest names in the Indian FMCG sector.
4. By 2025, the home appliances & consumer electronics industry, minus mobile handsets, is estimated to touch a Rs 1.5 lakh crore revenue.
5. Sony, Samsung, Whirlpool, LG, Bluestar, Havells, Bajaj, are some of the key players of the Indian consumer durables sector.
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