The average for 2023 based on 154 countries was 363.59 billion U.S. dollars. The highest value was in the USA: 18822.77 billion U.S. dollars and the lowest value was in Tonga: 0.55 billion U.S. dollars. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.

The global total consumer spending in was forecast to continuously increase between 2024 and 2029 by in total **** trillion U.S. dollars (+***** percent). After the ninth consecutive increasing year, the consumer spending is estimated to reach **** trillion U.S. dollars and therefore a new peak in 2029. Consumer spending here refers to the domestic demand of private households and non-profit institutions serving households (NPISHs). Spending by corporations and the state is not included. The forecast has been adjusted for the expected impact of COVID-19.Consumer spending is the biggest component of the gross domestic product as computed on an expenditure basis in the context of national accounts. The other components in this approach are consumption expenditure of the state, gross domestic investment as well as the net exports of goods and services. Consumer spending is broken down according to the United Nations' Classification of Individual Consumption By Purpose (COICOP). As not all countries and regions report data in a harmonized way, all data shown here has been processed by Statista to allow the greatest level of comparability possible. The underlying input data are usually household budget surveys conducted by government agencies that track spending of selected households over a given period.The data is shown in nominal terms which means that monetary data is valued at prices of the respective year and has not been adjusted for inflation. For future years the price level has been projected as well. The data has been converted from local currencies to US$ using the average exchange rate of the respective year. For forecast years, the exchange rate has been projected as well. The timelines therefore incorporate currency effects.Find more key insights for the total consumer spending in countries like North America and Europe.

The average for 2024 based on 102 countries was 66.87 percent. The highest value was in Somalia: 123.99 percent and the lowest value was in Brunei: 28.5 percent. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.

Consumer Spending in China increased to 538646.10 CNY Hundred Million in 2024 from 512120.60 CNY Hundred Million in 2023. This dataset provides - China Consumer Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The table shows the levels of household consumption as percent of GDP across countries. These are the latest numbers available from the national authorities of the respective countries. Household consumption is about 60 percent of GDP making it the largest component of GDP besides investment, government spending and net exports. There are, however, large differences across countries that can range from about 45 percent of GDP to over 80 percent of GDP.

Consumer spending across India amounted to 27.2 trillion rupees by the end of the first quarter of 2025. It reached an all-time high during the fourth quarter of 2024, with a value of 28.4 trillion rupees. What is consumer spending? Consumer spending refers to the total money spent on final goods and services by individuals and households in an economy. It is an important metric that directly impacts the GDP of a country. Items that qualify as consumer spending include durable and nondurable goods and services. Various factors such as debt held by consumers, wages, supply and demand, taxes, and government-based economic stimulus can impact consumer spending in a country. Positive consumer outlook in India India’s consumer spending reflects a positive outlook with renewed consumer confidence post-COVID. Its consumer market is set to become one of the largest in the world as the number of middle- to high-income households rises with increasing amounts of disposable incomes. The country’s young demographic is also considered a driving force for increased consumer spending.

Der private Verbrauch in den Vereinigten Staaten stieg im zweiten Quartal 2025 von 16291,80 Mrd. USD im ersten Quartal 2025 auf 16350,20 Mrd. USD. Diese Seite bietet den neuesten gemeldeten Wert für - Verbraucherausgaben der Vereinigten Staaten - sowie frühere Veröffentlichungen, historische Höchst- und Tiefststände, kurzfristige Prognosen und langfristige Vorhersagen, Wirtschaftskalender, Umfragekonsens und Nachrichten.

The average for 2024 based on 18 countries was 55.07 percent. The highest value was in Puerto Rico: 75.99 percent and the lowest value was in Brunei: 28.5 percent. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.

The average for 2024 based on 1 countries was 67.93 percent. The highest value was in the USA: 67.93 percent and the lowest value was in the USA: 67.93 percent. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.

Singapore, Indonesia, and India had the highest consumer confidence of the ** countries as of September 2024. On the other hand, consumer confidence was lowest in Turkey and Hungary. On average, consumer confidence in the ** countries included in the survey reached an index score of ****.

Global Sharing Economy market size was USD 145.22 Billion in 2022. Sharing Economy Industry's Compound Annual Growth Rate will be 32.6% from 2023 to 2030. What is driving the Sharing Economy Market?

The proliferation of advanced digital platforms and devices

In recent years, the sharing economy has changed the way individuals share and conduct transactions in digital areas. The recent technological advancements have enabled transactions to take place on demand, to be precisely measurable in time and thus more scalable, and to be dynamically matched through an online platform. Advanced digital platforms and devices, such as smartphones and high-speed internet, have increased connectivity. This connectivity enables sharing economy platforms to connect providers and consumers effortlessly. People can easily access sharing economy services through mobile apps or websites, facilitating resource and service sharing. Digital platforms provide users with easy access to information about available resources and services. Through sharing economy platforms, individuals can quickly find and compare options, making it convenient to rent or share assets. The availability of detailed listings, photos, reviews, and ratings helps users make informed decisions and build trust in the sharing economy ecosystem. The companies in the sharing economy are growing as a result of profound shifts in consumer behavior. One of the major players in sharing economy is Uber which has in just a few years completely transformed industries and became the largest player in the sharing economy. Uber manages around 157 000 rides globally on an average day. According to Uber, 131 million people used Uber in 2022, an 11% increase by 2021. Moreover, the increasing adoption of smartphones is supporting the growth of the sharing economy. Smartphones provide individuals with constant access to sharing economy platforms, enabling on-the-go booking, real-time communication with service providers, and instant updates. The convenience and mobility offered by smartphones have significantly expanded the reach and usage of sharing economy services. According to the source GSMA Intelligence, smartphones accounted for 68% of total mobile connections in 2020,8 compared to 64% in 2019 and 47% in 2016 across the world. Thus, the increasing usage of smartphones globally led to adopt the digital platforms, which in turn fuels the growth of the sharing economy. Furthermore, the development of advanced digital platforms prioritizes user experience and offers intuitive interfaces by allowing individuals to easily navigate and interact with the platforms. Companies are increasingly expanding their business in the shared mobility industry and developing innovative platforms for users. For instance, Force Motors launched a next-generation shared mobility platform called Urbania. The simplicity and convenience of these platforms make it easy for users to engage in sharing activities, accelerating the growth of the sharing economy market. These technological advancements for the development of cost-effective products have been contributing to driving the growth and adoption of sharing economy services.

Changing consumer preferences fuels the market growth


Rising focus on sustainability and environmental consciousness (Access Detailed Analysis in the Full Report Version)


Substantial growth of the entertainment industry (Access Detailed Analysis in the Full Report Version)

Introduction of Sharing Economy

The sharing economy is an economic model defined as a peer-to-peer (P2P) based activity of providing, acquiring, or sharing access to goods and services that is often facilitated by a community-based online platform. Sharing economy (SE) is a relatively new field of economics, gaining more traction from various industries. It has several applications in materials, transportation, hospitality, and sharing of information and knowledge. SE is related to various economic and environmental aspects such as sustainability, environment-friendly practices, circularity, less production, and more responsible use of resources. Sharing economy helps connect goods and services seekers with their providers using technology. It helps businesses reduce costs and increase efficiency along with environment-friendly choices for consumers. Further, some prominent factors that led to the boost of economy sharing are...

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FMCG Market Size 2025-2029

The FMCG market size is valued to increase by USD 456.9 billion, at a CAGR of 3.2% from 2024 to 2029. Growing preference for e-commerce online distribution will drive the FMCG market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 44% growth during the forecast period.
By Type - Food and beverage segment was valued at USD 1277.40 billion in 2023
By Distribution Channel - Offline segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 27.75 billion
Market Future Opportunities: USD 456.90 billion
CAGR from 2024 to 2029 : 3.2%

Market Summary

The Fast-Moving Consumer Goods (FMCG) market continues to experience significant shifts, driven by evolving consumer preferences and advancements in technology. The increasing popularity of e-commerce platforms for FMCG purchases has disrupted traditional distribution channels, leading to a more convenient and accessible shopping experience for consumers. Simultaneously, the demand for ready-to-eat food products has surged due to hectic lifestyles and the growing trend of on-the-go meals. Despite this progress, challenges persist, particularly in emerging economies where infrastructure development lags behind. Inadequate storage facilities and transportation networks can hinder the efficient distribution of FMCG products, leading to spoilage and supply chain disruptions.
However, these hurdles also present opportunities for innovation and investment in modern logistics solutions. As the market adapts to these trends and challenges, it remains a dynamic and vital sector for businesses worldwide. Companies must stay agile and responsive to consumer demands, leveraging technology and strategic partnerships to navigate the complex landscape and capitalize on emerging opportunities. The future of the market promises continued growth and transformation, as it adapts to the evolving needs and preferences of consumers in an increasingly interconnected and globalized world.

What will be the Size of the FMCG Market during the forecast period?

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How is the FMCG Market Segmented ?

The FMCG industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Food and beverage
  Personal and beauty care
  Health and hygiene care
  Home care


Distribution Channel

  Offline
  Online


Product Type

  Premium
  Mass market
  Private label


Production Type

  In-house
  Contract-based


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  Middle East and Africa

    Egypt
    KSA
    Oman
    UAE


  APAC

    China
    India
    Japan


  South America

    Argentina
    Brazil


  Rest of World (ROW)

By Type Insights

The food and beverage segment is estimated to witness significant growth during the forecast period.

In the dynamic and ever-evolving world of fast-moving consumer goods (FMCG), the food and beverage sector experienced a significant surge in demand during 2024. This growth was driven by improving economic conditions and increasing disposable income levels in both developed and developing countries. As a response, manufacturers have been investing in advanced food processing and packaging solutions to cater to this expanding market. Product differentiation has become a key focus for companies, with innovative new offerings such as Thomas's October 2023 launch of a croissant bread, which combines the flaky layers of a croissant with the convenience of sliced bread.

In this competitive landscape, effective marketing mix modeling, supply chain visibility, and consumer insights are essential. Quality control measures, inventory control, and sales performance indicators are crucial for maintaining brand loyalty and market share. Retailer relationships, consumer segmentation, and data analytics are also vital for demand planning and e-commerce platform success. With the increasing importance of digital marketing and social media engagement, product traceability and product lifecycle management are becoming increasingly important for transparency and customer trust. The market is expected to continue its growth trajectory, with consumer packaged goods companies continually refining their marketing campaign effectiveness, sales promotion strategies, and pricing strategies to meet evolving consumer behavior patterns.

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The Food and beverage segment was valued at USD 1277.40 billion in 2019 and showed a gradual increase during the forecast period.

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Regional Analysis

APAC is estimated to contribute 44% to th

Description

This comprehensive dataset provides a wealth of information about all countries worldwide, covering a wide range of indicators and attributes. It encompasses demographic statistics, economic indicators, environmental factors, healthcare metrics, education statistics, and much more. With every country represented, this dataset offers a complete global perspective on various aspects of nations, enabling in-depth analyses and cross-country comparisons.

Key Features

• Country: Name of the country.
• Density (P/Km2): Population density measured in persons per square kilometer.
• Abbreviation: Abbreviation or code representing the country.
• Agricultural Land (%): Percentage of land area used for agricultural purposes.
• Land Area (Km2): Total land area of the country in square kilometers.
• Armed Forces Size: Size of the armed forces in the country.
• Birth Rate: Number of births per 1,000 population per year.
• Calling Code: International calling code for the country.
• Capital/Major City: Name of the capital or major city.
• CO2 Emissions: Carbon dioxide emissions in tons.
• CPI: Consumer Price Index, a measure of inflation and purchasing power.
• CPI Change (%): Percentage change in the Consumer Price Index compared to the previous year.
• Currency_Code: Currency code used in the country.
• Fertility Rate: Average number of children born to a woman during her lifetime.
• Forested Area (%): Percentage of land area covered by forests.
• Gasoline_Price: Price of gasoline per liter in local currency.
• GDP: Gross Domestic Product, the total value of goods and services produced in the country.
• Gross Primary Education Enrollment (%): Gross enrollment ratio for primary education.
• Gross Tertiary Education Enrollment (%): Gross enrollment ratio for tertiary education.
• Infant Mortality: Number of deaths per 1,000 live births before reaching one year of age.
• Largest City: Name of the country's largest city.
• Life Expectancy: Average number of years a newborn is expected to live.
• Maternal Mortality Ratio: Number of maternal deaths per 100,000 live births.
• Minimum Wage: Minimum wage level in local currency.
• Official Language: Official language(s) spoken in the country.
• Out of Pocket Health Expenditure (%): Percentage of total health expenditure paid out-of-pocket by individuals.
• Physicians per Thousand: Number of physicians per thousand people.
• Population: Total population of the country.
• Population: Labor Force Participation (%): Percentage of the population that is part of the labor force.
• Tax Revenue (%): Tax revenue as a percentage of GDP.
• Total Tax Rate: Overall tax burden as a percentage of commercial profits.
• Unemployment Rate: Percentage of the labor force that is unemployed.
• Urban Population: Percentage of the population living in urban areas.
• Latitude: Latitude coordinate of the country's location.
• Longitude: Longitude coordinate of the country's location.

Potential Use Cases

• Analyze population density and land area to study spatial distribution patterns.
• Investigate the relationship between agricultural land and food security.
• Examine carbon dioxide emissions and their impact on climate change.
• Explore correlations between economic indicators such as GDP and various socio-economic factors.
• Investigate educational enrollment rates and their implications for human capital development.
• Analyze healthcare metrics such as infant mortality and life expectancy to assess overall well-being.
• Study labor market dynamics through indicators such as labor force participation and unemployment rates.
• Investigate the role of taxation and its impact on economic development.
• Explore urbanization trends and their social and environmental consequences.

Data Source: This dataset was compiled from multiple data sources

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China is the largest consumer of primary energy in the world, having used some 176.35 exajoules in 2024. This is a lot more than what the United States consumed, which comes in second place. The majority of primary energy fuels worldwide are still derived from fossil fuels, such as oil and coal. China's energy mix China’s primary energy mix has shifted from a dominant use of coal to an increase in natural gas and renewable sources. Since 2013, the renewables share in total energy consumption has grown by around eight percentage points. Overall, global primary energy consumption has increased over the last decade, and it is expected to experience the largest growth in emerging economies like the BRIC countries - Brazil, Russia, India, and China. What is primary energy? Primary energy is the energy inherent in natural resources such as crude oil, coal, and wind before further transformation. For example, crude oil can be refined into secondary fuels, such as gasoline or diesel, while wind is harnessed for electricity - itself a secondary energy source. A country’s total primary energy supply is a measure of the country’s primary energy sources. Meanwhile, end-use energy is the energy directly consumed by the user and includes primary fuels such as natural gas, as well as secondary sources, like electricity and gasoline.

The South Korea travel retail market, valued at $12.6 billion in 2025, exhibits robust growth potential, projected to expand at a Compound Annual Growth Rate (CAGR) exceeding 5% from 2025 to 2033. This expansion is driven by several key factors. Firstly, South Korea's increasing popularity as a tourist destination fuels demand for duty-free goods. The rise of affluent Chinese and other Asian tourists significantly contributes to this growth. Secondly, the strategic expansion and modernization of airport infrastructure and duty-free shops enhance the shopping experience, attracting more consumers. Finally, innovative marketing strategies employed by major players like Lotte Duty Free and The Shilla Duty Free, along with the introduction of new product lines in beauty, personal care, and luxury goods cater to evolving consumer preferences. The market is segmented by product type (beauty and personal care dominating), and distribution channels (airports holding the largest share). However, challenges exist, including fluctuating global economic conditions and potential shifts in tourist patterns impacting overall market performance. Despite these challenges, the South Korean travel retail sector demonstrates significant resilience. The consistent high CAGR reflects the enduring appeal of duty-free shopping and the country's commitment to developing its tourism industry. The diverse product offerings across various segments ensure a broad consumer base. Competition among major players drives innovation and keeps prices competitive, benefiting consumers. While economic uncertainty poses a risk, strategic partnerships and diversification efforts by operators help mitigate these factors. The future outlook remains positive, with continued expansion expected across all major segments, further consolidating South Korea's position as a leading travel retail market in Asia. This comprehensive report provides an in-depth analysis of the dynamic South Korea travel retail market, encompassing the period from 2019 to 2033. It offers invaluable insights for businesses seeking to understand the market's characteristics, trends, and future growth potential. With a focus on key players like Lotte Duty Free, The Shilla Duty Free, and Shinsegae Duty Free, this report utilizes data from the base year 2025 and forecasts up to 2033, providing a clear picture of this multi-billion dollar industry. Recent developments include: July 2022: Dufry AG, the world’s largest duty-free operator, acquired Autogrill SpA, the motorway and airport catering company, from the Benetton Family., April 2022: South Korea Lotte Duty Free has partnered with Korean Seven, the operator of the 7-Eleven convenience store chain, to expand local market sales of so-called domestic customs-cleared duty-free goods.. Key drivers for this market are: Beauty Products, Jewellery, Fashion and Accessories are Faster Developing Segments in the Market. Potential restraints include: Beauty Products, Jewellery, Fashion and Accessories are Faster Developing Segments in the Market. Notable trends are: Growing Disposable Income is Driving the Market.

The table shows the level of household consumption for over 100 countries. The data are quarterly, i.e. they show the total market value of all goods and services consumed by households during one quarter. The data are in nominal terms which means that changes over time reflect both the changes in the volume of goods and services consumed as well as their prices. The data are updated every day so that the numbers are the latest ones published by the national authorities. The first column with numbers shows the latest data available. The next two columns show the percent change in household consumption from the previous quarter and from the same quarter last year. Household consumption is the main component of the GDP, constituting about 60 percent of GDP. It is more stable over time compared to investment purchases by firms as households try to smooth their consumption over time and make it less dependent on income fluctuations. Its contribution to the the business cycle is therefore less prominent than the contribution of investment. Nonetheless, being such a major part of the economy, even relatively small fluctuations in household consumption have important implications for the overall economy.

The graph shows China's share in global gross domestic product adjusted for purchasing-power-parity until 2024, with a forecast until 2030. In 2024, China's share was about 19.3 percent. China's global GDP share Due to the introduction of capitalist market principles in 1978, China's economic market began to show immense change and growth. China's real GDP growth ranged at 5.0 percent in 2024. China's per capita GDP is also expected to continue to grow, reaching 13,300 U.S. dollars in 2024. Comparatively, Luxembourg and Switzerland have some of the world’s largest GDP per capita with 141,100 U.S. dollars and 111,700 U.S. dollars, respectively, expected for 2025.China is the largest exporter and second largest importer of goods in the world and is also among the largest manufacturing economies. The country also ranges among the world's largest agricultural producers and consumers. It relies heavily on intensive agricultural practices and is the world's largest producer of pigs, chickens, and eggs. Livestock production has been heavily emphasized since the mid-1970s. China’s chemical industry has also seen growth with a heavy focus on fertilizers, plastics, and synthetic fibers. China's use of chemical fertilizers amounted to approximately 50.2 million metric tons in 2023. GDP composition in China Industry and construction account for less than 40 percent of China's GDP. Some of the major industries include mining and ore processing, food processing, coal, machinery, textiles and apparel, and consumer products. Almost half of China's output is dedicated to investment purposes. However, as the country tends to support gross output, innovation, technological advancement, and even quality are often lacking.

Euromonitor International leads the world in data analytics and research into markets, industries, economies and consumers. We provide global insight and data on thousands of consumer products and services and we are the first destination for organisations seeking growth.

Euromonitor’s archive of market research reports can be licensed for the purpose of LLM Fine Tuning/Machine.

 -40K Full-text reports in a machine-readable format  -All content is proprietary and paywalled  -Content is specific to the consumer goods and retail space  -25 year archive  -1 billion business relevant words/data – excellent string capability  -Reports include text, tables of data and visuals  -Dedicated Account Manager support

Report Types

Market Insights - Providing market background, company intelligence and market prospects for product lines within industry.

Global Briefings - Providing market background, company intelligence and market prospects for product lines within industry.

Company Profiles - Company analysis for global manufacturers for up to 29 industries.

Industrial Reports - Coverage includes market trends production trends, competitive landscape and prospects for B2B industries.

Major Market Profiles - Up to 312 Industries for 8 developed markets. Content includes market sales, company shares and corporate overviews.

Country Profiles - Up to 214 countries. Coverage includes government, economy, business environment, energy, society and population.

The archive provides a substantial amount of business relevant commentary which is excellent for improving AI functionality such as search & retrieve, summarising and commenting on data.

Euromonitor International leads the world in data analytics and research into markets, industries, economies and consumers.

Euromonitor’s archive of market research reports can be licensed for the purpose of LLM fine tuning/machine learning.

• 40K full-text reports in a machine-readable format
• All content is proprietary and paywalled
• Content is specific to the consumer goods and retail space
• 25 year archive
• 1 billion business relevant words/data – excellent string capability
• Reports include text, tables of data and visuals
• Dedicated Account Manager support

Report types available for LLM training:

Market Insights - Providing market background, company intelligence and market prospects for product lines within industry.

Global Briefings - Providing market background, company intelligence and market prospects for product lines within industry.

Company Profiles - Company analysis for global manufacturers for up to 29 industries.

Industrial Reports - Coverage includes market trends production trends, competitive landscape and prospects for B2B industries.

Major Market Profiles - Up to 312 Industries for 8 developed markets. Content includes market sales, company shares and corporate overviews.

Country Profiles - Up to 214 countries. Coverage includes government, economy, business environment, energy, society and population.

The archive provides a substantial amount of business relevant commentary which is excellent for improving AI functionality such as search & retrieve, summarising and commenting on data.

About Euromonitor: We provide global insight and data on thousands of consumer products and services and we are the first destination for organisations seeking growth.

Euromonitor International leads the world in data analytics and research into markets, industries, economies and consumers. We provide global insight and data on thousands of consumer products and services and we are the first destination for organisations seeking growth.

Euromonitor’s archive of market research reports can be licensed for the purpose of LLM Fine Tuning/Machine.

 -40K Full-text reports in a machine-readable format  -All content is proprietary and paywalled  -Content is specific to the consumer goods and retail space  -25 year archive  -1 billion business relevant words/data – excellent string capability  -Reports include text, tables of data and visuals  -Dedicated Account Manager support

Report Types

Market Insights - Providing market background, company intelligence and market prospects for product lines within industry.

Global Briefings - Providing market background, company intelligence and market prospects for product lines within industry.

Company Profiles - Company analysis for global manufacturers for up to 29 industries.

Industrial Reports - Coverage includes market trends production trends, competitive landscape and prospects for B2B industries.

Major Market Profiles - Up to 312 Industries for 8 developed markets. Content includes market sales, company shares and corporate overviews.

Country Profiles - Up to 214 countries. Coverage includes government, economy, business environment, energy, society and population.

The archive provides a substantial amount of business relevant commentary which is excellent for improving AI functionality such as search & retrieve, summarising and commenting on data.