Vietnamese consumers looking for innovations even in basic
items: Nielsen
Fast-moving
consumer goods (FMCG) growth in Vietnam's six major cities took a dip in the
first quarter of this year, presenting challenges for manufacturers,
according to a report released Wednesday by Nielsen.
The growth was 3.6 percent compared to 5.7 percent in the
previous quarter. Beverage continued to
contribute the most to total FMCG sales with 39 percent in the quarter.
“It’s believed that when consumer income reaches some certain
extent, the consumption aspiration changes. Urban consumers are increasingly
demanding and expecting better choices. They’re looking for more innovations
and new consumption experiment," said Nguyen Anh Dung, Director of
Retail Measurement Services, Nielsen Vietnam.
"With
lack of innovation, FMCG is becoming more basic items which consumers would
still buy but only at a sufficient level,” Dung said.
According to Nielsen, Vietnam has the highest score for trying
new products in Southeast Asia.
“This presents good challenges for manufacturers to provide
true innovations for consumers,” Dung said.
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Thứ Năm, 30 tháng 6, 2016
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