PLM Solutions Support Consumer Packaged Goods Market

  Enquire / contact me

Rise of Internet commerce

PLM Solutions Support Consumer Packaged Goods Market
PLM Solutions Support Consumer Packaged Goods Market

According to ARC Advisory Group, the consumer packaged goods (CPG) market is currently undergoing some groundbreaking changes as the consumer market and CPG landscape respond to a number of factors. These include: the rise of Internet commerce, emerging consumer markets on a global scale, an informed consumer that wants to provide feedback on product development, value-conscious buyers looking for the best buy and highest quality, and rapidly changing global demographics across age, economic class, and ethnicity.
The challenges facing the CPG industry for the near term and into the next decade will be significant and how the companies in this industry respond will determine market share, brand awareness, and bottom-line profits for just about all industry players. While CPG companies work diligently to respond to current regional and global economic conditions and value-conscious consumers, market research indicates that significant demographic and economic shifts will dramatically reshape both the growth and decline of CPG market segments for the foreseeable future.

Posted on August 9, 2012 - (190 views)
by
Related articles
Abu Dhabi International Petroleum Exhibition & Conference
Connect Everything with eFactory
Sensing Innovation in Process and Control
Mechatronic Products
SENSORS & INSTRUMENTATION for Test Measurement & Control
IIoT I/O Series
Hannay Reel Hose and Cable Reels
SPS IPC Drives 2018 - Free Ticket
Level Switches
Ultrasonic Flowmeter for Air
JDN Mini 24/07
Motion Controller from FAULHABER with STO shutdown
Temperature control technology
Multi-tasking Communication Server
Guidance Systems for Higher Duty XTS Applications
Advanced Humanoid Robot Hand
Virtual Personal Assistant ODP S3
On the Road to Energy Sustainability
Hexagon PPM and Ditio Established a Partnership to Foster Digital Transformation
Digitalization will be the Number 1 Trend at ADIPEC 2018