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Three retail and consumer trends of 2022

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Following three retail and CG trends are expected to be seen in 2022, shaping the consumption landscape. 1, Diversification of products by DTC brands: due to pandemic, numerous DTC companies emerged in the market, offering diverse product lines to expand their services. As per the State of DTC Report, only 320 DTC brands were offering their services in the market in 2019, however, there are approximately 1,111 brands in 2021. 2, Disruptions in alcoholic beverages: according to IWSR, the low or no alcoholic market is anticipated to increase 31% by 2024. 3, Supply chain disruptions: brands are rethinking their supply chain strategies to cope with the disruptions caused in 2021. This would ultimately affect the delivery time.

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Consumer Goods industry will surpass $15T globally by 2025. However the old business model of mass distribution is about to become obsolete. New Trends such as Digital Transformation, Millennials and Gen Z effect, Direct to Consumer and Post-Covid World are going to reshape the winning formula for the new era CG industry. ConsumerGeniuses.com is a content platform where we curate latest innovations and disruptions in the Top global trends in the Consumer Goods industry. ConsumerGeniuses is managed by IndustryGeniuses (A place where industries meet innovation). We are rolling out content platforms for the world’s hottest industries such as Food & Grocery Retail, Consumer Goods and Healthcare. Sign up to our weekly newsletter(s) and never miss out: https://signup.industrygeniuses.com/newsletter
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Consumer Goods industry will surpass $15T globally by 2025. However the old business model of mass distribution is about to become obsolete. Digital Transformation, Millennials and Gen Z effect, Direct to Consumer and Post-Covid World are going to reshape the winning formula for the new era CG industry. Our weekly newsletter covers global innovations and disruptions in CG industry.

ConsumerGeniuses is managed by IndustryGeniuses (A place where industries meet innovation). We are rolling out content platforms for the world’s hottest industries such as Food & Grocery Retail, Consumer Goods and Healthcare. For each of these key industries, we support Tech Startups and Industry Disruptors as they roll out next generation digital initiatives.

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