The pandemic induced consumers to buy more grocery products than before. In 2020, grocery products made up 45.5 percent of the global out-of-stock value registered in retail. It is estimated that perishable foods accounted for 38.9 percent of the total value of products going out-of-stock in the retail sector over the year in consideration.
Breakdown of out-of-stock value in consumer goods' retail in 2020, by product category
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IHL Group. (December 17, 2020). Breakdown of out-of-stock value in consumer goods' retail in 2020, by product category [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1199044/consumer-goods-retail-out-of-stock-breakdown/
IHL Group. "Breakdown of out-of-stock value in consumer goods' retail in 2020, by product category." Chart. December 17, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1199044/consumer-goods-retail-out-of-stock-breakdown/
IHL Group. (2020). Breakdown of out-of-stock value in consumer goods' retail in 2020, by product category. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1199044/consumer-goods-retail-out-of-stock-breakdown/
IHL Group. "Breakdown of Out-of-stock Value in Consumer Goods' Retail in 2020, by Product Category." Statista, Statista Inc., 17 Dec 2020, https://www.statista.com/statistics/1199044/consumer-goods-retail-out-of-stock-breakdown/
IHL Group, Breakdown of out-of-stock value in consumer goods' retail in 2020, by product category Statista, https://www.statista.com/statistics/1199044/consumer-goods-retail-out-of-stock-breakdown/ (last visited November 21, 2024)
Breakdown of out-of-stock value in consumer goods' retail in 2020, by product category [Graph], IHL Group, December 17, 2020. [Online]. Available: https://www.statista.com/statistics/1199044/consumer-goods-retail-out-of-stock-breakdown/