Sectoral Analysis || FMCG Sector || Report
Sectoral Analysis || FMCG Sector || Report Economic Overview Fast Moving Consumer Goods sector is one of the fastest-growing sectors in the Indian economy. The FMCG sector is the fourth largest sector in India with household and personal care accounting for 50% of FMCG sales in India. The urban sector contributes about 55% of the total revenue generated by the FMCG sector. However, in the last few years, the trend has changed. FMCG has grown faster in rural areas as compared to urban areas. In India, the retail market is estimated to reach US$1.1 Trillion by 2020 from US$840 Billion in 2017 with trade expected to grow at 20.25% per annum, which will boost the revenue of FMCG company’s risers in rural consumption will drive the growth in the FMCG sector. It contributes about 36% to the overall FMCG spending. This sector is stiffly influenced by multinational companies’ existence and a strong distribution channel. The trend for this sector is also changing as these products ar...