Keep a close eye on FMCG market on the E-Commerce battlefield
4. Amazon and JD.com, the gigantic e-commerce players, made their appearance on a market and created a ‘snowball effect’ to empower the other online FMCG players. 5. Online FMCG sales are set to double globally over the next five years and will grow twice as fast in developing markets. 6. By 2022, Nielsen forecasted that FMCG e-commerce sales will dramatically increase globally to US$ 400 billion. 7. The Asia region is expected to generate the biggest growth for the online FMCG market over the next 5 years. These number would be a benefit to FMCG players: from SMEs owners, retailers to manufacturers, and allow them to set their future market and achieve a brighter future. Let’s update the insight before anyone by clicking www.facebook.com/heroleadsthailand/ or contact our digital experts by clicking the link below.
Moreover, a market which is value conscious and actively pursues good deals has a higher tendency to go online. China has a high household savings rate, and consumers are enticed to cheaper prices, as reflected by the incredible success of Black Friday, the world’s biggest shopping day.
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