ABSA INSIGHTS SERIES | 30 OCTOBER 2020
Consumer goods sector: How the next 5 years may play out
Covid-19 has changed the consumer goods sector. Some changes will reverse, but others are permanent and may even accelerate.
Along with the pandemic, the future of the consumer goods sector has arrived with bang.
Consumer spending is holding up, but behaviour has changed – perhaps permanently, especially the move online.
The pandemic has hastened much-needed consolidation and made clear the value of bringing supply chains closer to home.