Consumer Products & Services
Industry Overview
Globally India is viewed as a vital market for the Consumer Products & Services in future. India’s young population and a large middle class with rising disposable income, are the key drivers of the demand. If the country can sustain its current pace of growth for some time – which seems quite likely - average household incomes will triple over the next 20 years and India will become the 5th largest consumer economy globally by 2025.
India's market is consumer products and services driven, with spending anticipated to more than double by 2025. The Indian consumer segment is broadly segregated into urban and rural markets, and is attracting marketers from across the world.
The growing purchasing power and the rising influence of the social media have helped the Indian consumers to splurge on good things. The consumer spending in India is expected to quadruple to US$ 4.2 trillion over the next 2 years.
Another study has ranked India fourth in the top 10 global consumer products and service markets. India has the potential to become the world's largest middle class consumer and service market with a total consumer spend of nearly US$ 13 trillion by 2030.
On the back of better incomes and increasing affordability, the consumer and service market is anticipated to expand at a CAGR of ~ 15 % to US$ 12.5 billion
Online retailing, both direct and through marketplaces, is expected to grow 3 fold to cross US$ 8.06 billion shortly.
Right Step Consulting Private Limited provides best Consumer Products & Services Recruitments in India. We have in-depth functional and industry expertise. Our scale, scope, and knowledge allow us to address a wide spectrum of industries, and structure solutions successfully for Human Capital challenges.
Our Consumer Products & Services Recruitment Consultant help clients achieve substantial, positive, and sustainable impact in their performance. The practice serves clients across the industry vertical, including :
- FMCG, Food & Beverages
- FMCD – Consumer Durables and Electronics
- IT Hardware
- E-commerce / Online Retail
- Retail
- Logistics & Shipping
Recent Searches for Consumer Products & Services Recruitment
Head of Sales, a leading FMCG company in home care products
Head of Finance, a leading FMCG company in home care products
Head of Logistics, a leading Indian FMCG manufacturer
Sales Head, a leading mobile handset company
Head Legal & Secretarial, a leading Indian FMCG company
Head of Projects, Hotel division of a leading FMCG company
Head of Service, Indian arm of a leading global FMCD company
Head of Sales - Modern Trade, leading FMCD company