The consumer goods market not only survived the recent pandemic, but it came through stronger, and observers project it will be back to sustained growth in the years to come. Ira Kalish, chief global economist, Deloitte said: "The baseline outlook for 2022 is for relatively strong growth in consumer products, even amid continued supply chain stress and labor shortage, though both should gradually abate. During the pandemic, governments, businesses, and individuals undertook actions that set the stage for strong economic growth."

A report from Industry Research.biz projected that the global Fast Moving Consumer Goods (FMCG) market size was valued at USD 11951.95 million in 2021 and is expected to expand at a CAGR of 3.17% during the forecast period, reaching USD 14415.47 million by 2027. The Deloitte report added: "Bold moves made during last year's uncertainty are paying off, as the year ahead for the consumer products industry looks to be one of strong economic growth.

Yet, some challenges could stand in the way of continued progress. How can consumer packaged goods (CPG) companies outmaneuver of these obstacles? Explore Deloitte's perspective and what 100 executives from apparel, household goods, personal care, and food & beverage companies think awaits them in the year ahead."