ARTICLE
15 March 2024

Consumer Products Corner - Financial Fitness: Where Will Continued Growth Come From In 2024?

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AlixPartners
Contributor
AlixPartners is a results-driven global consulting firm that specializes in helping businesses successfully address their most complex and critical challenges.
QoQ median revenue and EBITDA trended up for Health & Beauty, Home & Outdoor, and Apparel & Luxury, although it remained flat or trended down for Food & Beverage, Durables, and Packaging.
United States Consumer Protection
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QoQ median revenue and EBITDA trended up for Health & Beauty, Home & Outdoor, and Apparel & Luxury, although it remained flat or trended down for Food & Beverage, Durables, and Packaging. Post-pandemic, consumers continue to prioritize personal health and wellness products, but inflation has pushed them to opt for more affordable food and beverage options—or forgo larger purchases altogether, unless on promotion. As we move forward in 2024, companies will need to creatively rethink how they grow their top lines as consumer spending remains in flux. If prices can't increase much further, where will companies look for growth in 2024?

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On a monthly basis, AlixPartners charts sales, sentiment and supply chains in consumer-facing businesses. Learn more about the Consumer Products Corner newsletter and read previous articles, here.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

ARTICLE
15 March 2024

Consumer Products Corner - Financial Fitness: Where Will Continued Growth Come From In 2024?

United States Consumer Protection
Contributor
AlixPartners is a results-driven global consulting firm that specializes in helping businesses successfully address their most complex and critical challenges.
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