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CPG growth in 2005

This article was originally published in The Rose Sheet

Executive Summary

Hand and body lotions were among consumer packaged goods categories to grow double digits in 2005 "through innovation and alignment with consumer needs," Information, Resources, Inc. reports. Total CPG sales were up 1.6% during the year, impacted by the hurricanes and economic issues, but "encouraging" trends were seen across certain categories and channels, IRI notes in study released March 23. "The drug store channel had an exceptional year," with dollar sales exceeding industry growth across all CPG departments, IRI adds. In addition to enhanced sales of products like foods and beverages, segment was "successful in gaining share within core healthcare and beauty/personal care" categories, according to the market research firm...
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