Segments

Care Products

Companies in this segment manufacture toiletries and grooming products, as well as products such as soap and detergent.

Home and Office

Companies in this segment manufacture household, office, and institutional furniture.

Luxury and Entertainment

Companies in this segment manufacture jewelry from precious metals, gemstones, and various other materials. Companies also manufacture electronic and non-electronic toys and games.

The Consumer Products industry is Concentrated. The production in this industry is dominated by a many large firms that are capable of shaping the industry’s direction and price levels.


Primary Demand Drivers

  • Population growth
  • Consumer preferences

Profitability Drivers

  • Product innovation
  • Effective sales and marketing
  • Efficient operations

From the Blog Blog RSS

Reflecting on the past couple of months, many headlines have emphasized the hyperinflation businesses and individuals are feeling around the world; however, many analysts have questioned if these price hikes are inflation or "greedflation". Headlines across Canada specifically are calling out grocery store chains for skewing the prices of their goods. With rising inflation, the majority of companies are steadily losing profit with the exception of grocery stores in Canada that are reporting high profits.

Telecommunications companies worldwide have invested hundreds of billions into the development of 5G expecting to recoup that investment with further benefits. However, this process has taken longer than expected and has brought a dilemma on what to do next. These large companies, including AlphabetAmazon, and Microsoft, are hoping that high-tech industries will depend on this new development that will allow them to make a profit. 5G market revenue forecasts worldwide predict that revenues will reach $58.8 billion this year and $1.69 trillion by 2030. Will these predictions hold or will have these telecommunications companies invest in a losing project?

Sources

  1. SelectUSA (Date Accessed: 6/1/2017)