The Good, The Bad, & The Uncertain: Why CPGs Will Face Significant Challenges In 2022
Throughout 2020 and 2021, the pandemic has buoyed the CPG industry thanks to the confluence of a few key factors such as stimulus checks, boosted unemployment benefits, and increased average hourly wages. While other industries have struggled with managing the rising costs of materials throughout the supply chain, CPGs have been able to counteract those challenges better than most.
However, there is looming uncertainty as market conditions shift and CPGs have reason to worry heading into 2022:
- How will inflation affect consumer spending?
- Will consumer “pandemic” behaviors continue?
- What is the potential impact of more COVID variants?
- Will there be additional supply chain disruption?
- How will new market conditions impact specific CPG categories?
Download this complimentary report for insights into the good, the bad, and the uncertain for U.S. CPGs in 2022.
About Prevedere, Inc.
Prevedere is the world’s leading provider of predictive analytics technology and solutions based on econometric modeling, enabling intelligent enterprises to understand and quantify the impact of external factors as part of their strategic planning and forecasting. Our global data repository and patented AI platform enable financial executives and operational planners to identify market drivers, quantify the future impact of economic volatility, generate performance forecasts, and optimize plans based on market foresight.
Prevedere’s automated AI model monitoring provides an early warning system when unplanned market shifts and anomalies are predicted, enabling planners to future proof business performance. Many of the world’s leading consumer packaged goods, retail, logistics, and manufacturing companies leverage Prevedere to generate economic intelligence, spot market opportunities, mitigate risks, and deliver exclusive competitive advantage.