MALAYSIA FMCG MARKET

INTRODUCTION

Products that sell quickly and for a low price are known as fast-moving consumer goods (FMCG). Non-durable items include packaged food, drinks, toiletries, over-the-counter medicines, and other consumables are some examples.

Due to high customer demand or because the product degrades quickly, many fast-moving consumer goods have a limited shelf life. Foods that go bad quickly include FMCG items like meat, produce, dairy, and baked goods. The turnover rates for other products are significant, including hygiene, soft beverages, candy, and prepackaged foods. Holidays and seasons can occasionally have an impact on sales. 

MALAYSIA FMCG MARKET SIZE AND FORECAST

The Malaysia FMCG market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

COVID-19 IMPACT ON MALAYSIA FMCG MARKET

For more than a year, Malaysia dealt with the consequences of the coronavirus outbreak. At the height of the pandemic, Malaysia ordered the temporary closing of non-essential businesses, including pubs, restaurants, and entertainment venues. They also prohibited large public gatherings and urged people to work from home if possible.

As vaccination rates rise and the incidence rate declines, this is currently gradually easing. The demand for consumer packaged goods (CPG) increased dramatically in Malaysia, which was severely hit, and growth in household goods spending also increased. As a result, the market for fast-moving consumer products saw significant changes.

By attending to the grocery store less frequently, consumers initially attempted to lower their risk of contracting the virus. A few consumers started hoarding food and water. Others bought items they would typically find in a store using online commerce.

MALAYSIA FMCG MARKETCOMPANY PROFILE

• Softsoap
• Colgate
• Protex
• Sanex
• Palmolive
• YONGHUAT 
• GAC
• Bosch Rexroth 
• KPMG
• Reckitt Benckiser
• ISL
• Nestlé 
• L’Oréal 
• Dutch Lady 
• Procter & Gamble
• Mondelez International
• Unilever
• Maestro Swiss Group
• Johnson and Johnson 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS OFMALAYSIA FMCG MARKET

1. What is the average cost perMalaysia FMCGright now and how will it change in the next 5-6 years?
2. Average cost to set up aFMCG marketin Malaysia?
3. How manyMalaysia FMCG are manufactured per annum globally? Who are the sub-component suppliers in different regions?
4. What is happening in the overall public, globally?
5. Cost breakup of aMalaysia FMCGand key vendor selection criteria
6. Where is theMalaysia FMCGmanufactured? What is the average margin per equipment?
7. Market share ofMalaysia FMCGmanufacturers and their upcoming products
8. The most important plannedMalaysia FMCGin the next 2 years
9. Details on the network of majorMalaysia FMCGand pricing plans
10. The cost advantage for OEMs who manufactureMalaysia FMCGin-house
11. 5 key predictions for the next 5 years inMalaysia FMCG market
12. Average B-2-BMalaysia FMCGprice in all segments
13. Latest trends inMalaysia FMCG market, by every market segment
14. The market size (both volume and value) ofMalaysia FMCG marketin 2024-2030 and every year in between?
15. Global production breakup ofMalaysia FMCG market, by suppliers and their OEM relationship