COVID has made Checkers60 and Pick n Pay ASAP (Formerly Bottles) a go to for easy delivery . Load shedding driving uber eats / Mr d deliveries maybe.
The retail industry contributed more than R1tn in sales to South Africa's economy in 2021, with the FMCG sector's contribution estimated at over 70% of those sales.
The FMCG industry is growing rapidly, and this is due to the increasing demand from consumers, like myself. Consumers are looking for products that are easy to use and save time, like ready to eat meals, snacks and drinks. To add the cherry on top, we are all moving towards a healthy lifestyle and natural products. Which is an additional saver with some of the top medical aids and health apps.
In recent years, e-commerce has also played a significant role in the growth of the FMCG industry, online shopping has become significantly popular and many FMCG companies have these services at their disposal. This has enabled them to reach new customers and expand their markets.
Overall, FMCG industry is expected to continue its growth trajectory in the coming years, driven by change in consumer behaviour, preferences, population growth and the increasing adoption of e-commerce.