We use our own and third-party cookies to optimize your experience on this site, including to maintain user sessions. Without these cookies our site will not function well. If you continue browsing our site we take that to mean that you understand and accept how we use the cookies. If you wish to decline our cookies we will redirect you to Google.
Already have an account? Sign in.

 Remember Me | Forgot Your Password?

China’s FMCG Market Growth Slows, Though Online Shopping Is Booming

November 2, 2015: 12:00 AM EST
Spending in China’s fast moving consumer goods (FMCG) market slowed in the year that ended in September, growing by only 4.7 percent, according to Kantar Worldpanel. For the third quarter, growth dropped to 2.7 percent, the lowest rate in three years, from 6.6 percent in the second quarter. Growth in hypermarkets, supermarkets and convenience stores grew only 2.4 percent in the third quarter. International retailers continued to struggle: market share slid from 14.5 percent to 13.5 percent. China’s local retailers fared much better. Sun-Art Group boosted market share to 7.5 percent, up from 6.9 percent in the third quarter of 2014. 2014Q3. Online shopping in China rose 37 percent during 2015, spurred by gains in penetration and purchasing frequency.
Jason Yu, "China FMCG market hits a new low growth", Report, Kantar WorldPanel, November 02, 2015, © Kantar WorldPanel
Domains
FOOD COMPANIES
Other
Geographies
Worldwide
Asia-Pacific
China
Categories
Companies, Organizations
Market News
Trends
Developed by Yuri Ingultsov Software Lab.