Consumer Products: Introduction
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 
Fast food is no longer just about cheap meals and convenience; it is becoming one of the fastest adopters of AI in the restaurant industry. From smarter drive-thrus to automated inventory management and predictive maintenance, significant chains like Taco Bell, KFC, McDonald’s, and Chick-fil-A are investing heavily in AI to deliver faster service, improve accuracy, and boost efficiency behind the scenes.
Sources
- SelectUSA (Date Accessed: 6/1/2017)