In 2023, China's Tier-2 cities recorded the highest year-on-year growth in terms of FMCG market value, amounting to five percent. Comparatively, the FMCG market in tier-1 cities only grew by 1.5 percent.
Annual growth of fast-moving consumer goods (FMCG) market value in China in 2023, by city tier
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Year-on-year growth
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Bain & Company. (June 27, 2024). Annual growth of fast-moving consumer goods (FMCG) market value in China in 2023, by city tier [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1321703/china-fmcg-market-value-growth-by-city-tier/
Bain & Company. "Annual growth of fast-moving consumer goods (FMCG) market value in China in 2023, by city tier." Chart. June 27, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1321703/china-fmcg-market-value-growth-by-city-tier/
Bain & Company. (2024). Annual growth of fast-moving consumer goods (FMCG) market value in China in 2023, by city tier. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1321703/china-fmcg-market-value-growth-by-city-tier/
Bain & Company. "Annual Growth of Fast-moving Consumer Goods (Fmcg) Market Value in China in 2023, by City Tier." Statista, Statista Inc., 27 Jun 2024, https://www.statista.com/statistics/1321703/china-fmcg-market-value-growth-by-city-tier/
Bain & Company, Annual growth of fast-moving consumer goods (FMCG) market value in China in 2023, by city tier Statista, https://www.statista.com/statistics/1321703/china-fmcg-market-value-growth-by-city-tier/ (last visited July 22, 2024)
Annual growth of fast-moving consumer goods (FMCG) market value in China in 2023, by city tier [Graph], Bain & Company, June 27, 2024. [Online]. Available: https://www.statista.com/statistics/1321703/china-fmcg-market-value-growth-by-city-tier/