Due to the coronavirus pandemic in 2020, consumer packaged goods (CPG) demand has soared in several countries. CPG sales grew by 5.9 percent in greece compared to the previous year. The United Kingdom was an outlier with only 0.7 percent growth during the year.
Supply shortages in local grocery stores
Early in the pandemic, there had been reports of food and supply shortages in local grocery stores worldwide. In March 2020, consumers in many countries believed this was more likely due to people stockpiling items, as opposed to supply and distribution disruptions. In Australia, France, and the United Kingdom, for instance, over 85 percent of consumers perceived the cause of local grocery store shortages to be due to people stockpiling food and other products.
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IRI. (November 10, 2020). Change in consumer packaged goods sales due to the coronavirus pandemic worldwide in September 2020, by country [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1105409/coronavirus-change-in-cpg-purchases-by-country-worldwide/
IRI. "Change in consumer packaged goods sales due to the coronavirus pandemic worldwide in September 2020, by country." Chart. November 10, 2020. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1105409/coronavirus-change-in-cpg-purchases-by-country-worldwide/
IRI. (2020). Change in consumer packaged goods sales due to the coronavirus pandemic worldwide in September 2020, by country. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1105409/coronavirus-change-in-cpg-purchases-by-country-worldwide/
IRI. "Change in Consumer Packaged Goods Sales Due to The Coronavirus Pandemic Worldwide in September 2020, by Country." Statista, Statista Inc., 10 Nov 2020, https://www.statista.com/statistics/1105409/coronavirus-change-in-cpg-purchases-by-country-worldwide/
IRI, Change in consumer packaged goods sales due to the coronavirus pandemic worldwide in September 2020, by country Statista, https://www.statista.com/statistics/1105409/coronavirus-change-in-cpg-purchases-by-country-worldwide/ (last visited August 25, 2024)
Change in consumer packaged goods sales due to the coronavirus pandemic worldwide in September 2020, by country [Graph], IRI, November 10, 2020. [Online]. Available: https://www.statista.com/statistics/1105409/coronavirus-change-in-cpg-purchases-by-country-worldwide/