Impact of Covid-19 on Fast Moving Consumer Goods
The strong turmoil is experienced by the FMCG industries after the COVID-19 outbreak. The stringent lockdowns across the countries, transportation issues, stockpiling are some of the key restraints faced by the FMCG companies during the crisis. However, the market for fast-moving consumer goods notices significant changes i.e. demand for hand hygiene products and consumer packaged goods (CPG) is snowballing at an exponential rate especially in the majorly-affected countries such as Europe. Alongside this, growth in household goods expenditure has also increased in the countries as well. To know the more precise impact on the industry fill the required information and we would be happy to assist you.