Over 2020, we saw significant increase in food & beverage sales and cleaning products.
Sales in the make up and hair care sectors was lacklustre.
This was driven by lockdowns causing consumers to stay at home. As they were not able to go out to a restaurant, they shopped at grocery stores for different foods and beverages. Due to the very same driver, sales of make-up and hair care brands decreased significantly.
Increased sales of cleaning products in 2020 was driven by an increased consciousness of hygiene due to the pandemic.
As we look at 2021, with successful vaccination campaigns and with lockdowns easing, we expect make up and hair care sales to increase in anticipation of and due to social activity. As restaurants, bars and cafes opening up, we expect grocery sales of food & beverages to decline slightly. But the sector is expected to retain a major share of the gains from last year as people cautiously venture out as lockdowns ease.
The one sector we expect will retain the increased sales from 2020 is the cleaning products sector. As people go out and enjoy the return to normal, to keep safe, we expect consumers to buy and use more cleaning products than they used to pre-covid.
If you’d like to learn more and understand how individual categories may be impacted by the easing of lockdowns, email me on email@example.com