Benjamin Cawthray’s Post

The annual Cost Inflation Outlook by AlixPartners offers a new range of market viewpoints, forecasts, and expert analyses for companies in the Consumer Products sector. Our 2024 edition involves a collaboration with renowned market intelligence specialists ChAI to delve into AI-driven cost predictions on a global scale for the upcoming year. #ConsumerProducts #FMCG #Retail

The Global Frying Pan market size is USD 1851.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 3.40% from 2024 to 2031. Read the Full Report: https://lnkd.in/ddN376xK Key Players of the Frying Pan Market : Asda, Kai Group, Jill May Interiors, GreenPan, Cooker King, Joyoung, Pearl Life Global, Midea Group, Fissler, supor, Woll Maschinenbau GmbH, Maxcook, and Others Delivery Includes:- Market Timeline 2019 till 2031, Market Size, Revenue/Volume Share, Forecast and CAGR, Competitor Analysis, Regional Analysis, Country Analysis, Segment Analysis, Market Trends, Drivers, Opportunities, Restraints, ESG Analysis, Porters Analysis, PESTEL Analysis, Market Attractiveness, Patent Analysis, Technological Trend, SWOT Analysis, COVID-19 Analysis, Consumer Behavior Analysis, etc.    #CompetitiveInsights #Research #MarketingConsultants #MarketReports #DataAnalytics #BusinessConsultant #ConsultingServices #MarketInsights #BusinessIntelligence #MarketTrend #FryingPan #FryingPanMarket

Despite the anticipated easing of inflation in 2024, consumers are embarking on a quest for affordability. The allure of lower prices, a reluctance to bear delivery fees, and a steadfast focus on essential goods, particularly food, are guiding bargain-hunting enthusiasts back to the heart of retail - our brick-and-mortar stores. Amidst the backdrop of challenges faced by small businesses grappling with high costs and interest rates, a silver lining emerges for retailers. The recovery in footfall at physical stores is proving to be a space for new growth and expansion. This uptake in consumer confidence is not only revitalising the retail sector but also fueling ambitions for expansion. Join us as we discuss the dynamism of the Fast Moving Consumer Goods (FMCG) industry in 2024, at our webinar ‘Resilience and Relevance: Adapting FMCG Brands for Tomorrow's Market’. 📅 Date: Wednesday, 24 January 2024 ⏰ Time: 17:00-18:30 SAST 📍 Place: Zoom ✅ Register here: https://lnkd.in/eyvqqXUT #ValuePropositions #CustomerExperience #fmcgindustry #FastMovingConsumerGoods #InnovationLeaders #DesigningValuePropositions  #ProcessImprovement #Import #Export #TechnologyInnovation #DigitalTransformation #EnterpriseSolutions #BusinessGrowth #SustainableDevelopment

The Shift in Retail: Durables to Non-Durables. Insightful analysis of how the retail sector is evolving from durable goods to non-durables and services, highlighting current market trends. #cre #RealEstate #Selfstorage #investing Subscribe to our YouTube channel. https://lnkd.in/eRdcihaN

Why guess when you can know? During high inflationary times, there’s constant pressure on prices. How will the shoppers react to price changes and how will this be reflected in your sales? It’s time to stop guessing. Differentiate within your portfolio and make the right decisions: know where it is safe to increase price, and where you should be more cautious. With NIQ Everyday Analytics, we can help you reach these right decisions. Let’s talk! #NIQ # NielsenIQ #EverydayAnalytics #EDA #Analytics #Business #FMCG #Market

❔ The question of the day: Do you know what is the value potential for your brand or category? Mastering Category Management is pivotal for success in FMCG, while inflation, down-trading and volume declines continue to impact most of the categories. We can help you do that with our CPS GfK SimIT data. #consumerpanel #shopperinsights #CatMan

I am delighted to announce the release of a fresh whitepaper from The Grocer, in which I had the honor of making a contribution. This report explores the importance for FMCG companies to upgrade their Revenue Growth Management (RGM) capabilities in the current cost-of-living crisis.   With inflation ramping up in 2022, most FMCG companies have reacted by taking pricing and/or decreasing their promotional investment, sometimes with a poor anticipation of the impact on their volumes and P&L. They are now facing two growing headwinds: 1) pressure from retailers to reflect falling commodity costs in net prices and 2) unprecedented changes in consumer behaviour as a result of the current cost-of-living crisis.   In this context, it’s time for FMCG brands to pivot and prioritize RGM. This report provides practical recommendations on adapting RGM across the four essential pillars (price, promotions, portfolio and trade terms) and a guide to the indispensable insights and analytics tools needed to support your RGM strategy.   #FMCG #ConsumerGoods #RGM #revenuegrowthmanagement #Inflation #Pricing #Promotions #TradeTerms #Assortment

Much smaller recession cycles cause disproportionately larger retail disruptions over the course of last 30 years. This means the immune system of retail is getting weaker and less capable to handle disruptions. Why? Increasing levels of concentration and unsustainable business practices prioritizing short term. Often undermined aspects of sustainability. Environment and market sustainability are two sides of same coin. Diversification of sourcing channels and production assets, improved market access, development of alternative and local resources are not just race for market shares. This is buffer for future stability. When it comes to food it becomes a life line. #retaildemocratization

Understanding recent inflation trends in the retail sector reveals compelling insights. Contrary to misconceptions, inflation primarily stemmed from service costs rather than retail goods. Retailers, operating in a fiercely competitive landscape, saw their margins squeezed as they absorbed higher input costs—reflected in lower gross and EBITDA margins compared to pre-pandemic periods. A good read from the National Retail Federation by Mark Matthews. https://lnkd.in/e7h5XmTX The data underscores how retailers acted as price-takers rather than price-makers, navigating fluctuating consumer demand and supply chain disruptions without reaping disproportionate profits. This analysis highlights the pivotal role of market dynamics in shaping retail pricing strategies amid economic shifts. #InflationAnalysis #RetailSectorInsights #MarketDynamics #BusinessStrategy