Private label brands saw double-digit sales growth and strong unit volumes in 2020 as the COVID-19 pandemic lifted grocery sales, the Private Label Manufacturers Association ( PLMA) said recently. But store brands’ market share remained stable as national brands gained ground.
99% of American households buy private label brands
Data shows that private label sales in the United States totaled $158.8 billion in 2020, up 11.6% from $142.3 billion in 2019. National brands grew slightly, from $587.4 billion the previous year to $657.2 billion in 2020, an increase of 11.9%.
Despite the dramatic changes brought on by the coronavirus crisis, private label brands still account for about one-third of every four consumer packaged goods (CPG) items sold in these retail channels and about one-fifth of every five dollars spent.
So far in 2020, COVID- related retail impacts have ranged from panic buying by shoppers in the early months (leading to ongoing supply chain disruptions in high-demand categories) to socially distanced in-store shopping and a near doubling of year-over-year online sales.
Survey data shows that 99% of American households purchased private labels last year . Nationwide lockdowns and restaurant closures have also triggered a major shift in consumer purchases from food services to grocery stores as Americans adjust their lifestyles to remote schools and workplaces.
Paper products are the highest-selling category
Across all retail channels, household paper and plastics became the largest private label category in 2020, reaching $10.7 billion, or 37.4% of the total category, largely due to the increased use of toilet paper , paper towels , napkins , facial tissue, and disposable plates , cups, and utensils during the early stages of the COVID-19 pandemic .
In 2020, store brands will account for 23% of all grocery dollars and 25% of units sold, including sales from retailers not captured in point-of-sale scanning data. Those figures also include about $40 billion in private-label sales from shoppers at leading clubs, discounters and other retailers with extensive private-label programs.
In general, the habits of American consumers have also changed with the COVID-19 pandemic. Private brands are becoming more and more popular among consumers, and sellers also need to pay close attention.
GMV Private Label market share |
>>: American Eagle Q1 sales to exceed $1 billion
Recently, foreign media reported that Amazon will...
Good news! During the Double 11 preparation perio...
Not long ago, an Amazon seller shared that he mad...
Wande Brothers (Shenzhen Wande Brothers Global Sup...
Recently, Amazon India launched a five-day promot...
The epidemic has driven the development of online...
On September 11, 2023, the 9.9 Super Shopping Fes...
Recently, a U.S. federal court sentenced Mr. and ...
A case of claiming a high price of 8 million US d...
Recently, a snowstorm hit the United States, and ...
Chuangzhi Cloud Warehouse is a technology company...
Recently, according to Reuters, South Korea's...
After launching the "anti-involution" c...
According to this definition, Amazon in the past ...
Zhongheng Pet’s listing was terminated. The Lunar...