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BRICdata Publishes Market Opportunities and Business Strategies in Private Label Branding in Brazil - Private labels accounted for a market share of 4.58% in Brazil in 2011. Brazilian consumers have become more willing to try private label products at the expense of branded products in order to save on their grocery expenditure – BRICdata.com
BRICdata Publishes Market Opportunities and Business Strategies in Private Label Branding in Brazil

 

PRZOOM - /newswire/ - London, Greater London, United Kingdom, 2012/03/19 - Private labels accounted for a market share of 4.58% in Brazil in 2011. Brazilian consumers have become more willing to try private label products at the expense of branded products in order to save on their grocery expenditure – BRICdata.com.

   
 
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Private labels accounted for a market share of 3.8% in Brazil in 2007. This figure grew by 0.7% during the review period to reach a market share of 4.5% in 2011. The global financial crisis led to consumers becoming more value-conscious. Brazilian consumers have become more willing to try private label products at the expense of branded products in order to save on their grocery expenditure.

The growing share of organised retail in Brazil meant that retailers continued to improve on the quality of their private label products and started marketing them between the leading and discounted brands. While the low cost of private labels continued to be the key driving factor, manufacturers started entering the premium market by offering high value products. Over the forecast period, private labels are expected to record positive growth and be driven by consumer demand for high-value products.

There is an increasing trend of collaborative product development in the Brazilian market. As a part of this trend, companies are involving consumers in product development activity. Some of Brazil’s key private label product categories include paper napkins, paper towels, alcoholic drinks, carpet cleaner and disinfectant.

Key highlights of this title
• The private label market in Brazil grew by 0.7% during the review period (2007–2011) to reach a market share of 4.5% in 2011.
• Brazilian consumers have become more willing to try private label products at the expense of branded products in order to save on their grocery expenditure.
• Private label products in Brazil are, on average, 20% cheaper than branded products. However this range can vary significantly depending on the specific product type and the retail outlets in which the product is being sold.
• Some of Brazil’s key private label product categories include paper napkins, paper towels, alcoholic drinks, carpet cleaner and disinfectant.
• There is an increasing trend of collaborative product development in the Brazilian market. As a part of this trend, companies are involving consumers in product development activity.
• Having made inroads into the Brazilian retail market, retailers have adopted a new strategy with regards to the positioning of their private label. Operators are now introducing more sophisticated products under their private label brands to directly compete in the premium market alongside national brands.

Scope
• This report provides a comprehensive analysis of the private label market within the consumer packaged goods industry in Brazil
• It provides an overview of key global markets for private label
• It provides comparison of private label market share in Brazil with Latin American countries and with the key global markets
• It provides historical share for Brazilian private label market for the report’s 2007–2011 review period and forecast figures for the 2012–2016 forecast period
• It highlights the consumer, business and economic factors driving the private label market in Brazil
• It covers a summary on the key challenges facing the private label market in Brazil
• It details the business strategies of private label brands by retail store formats
• It discusses the key emerging product strategies in the Brazilian private label market
• It compares the pricing strategy adopted for private label products in key categories
• It outlines the purchasing habits of Brazilian consumers by age-group across branded and private label products
• It outlines the future outlook for the Brazilian private label market
• It profiles the major retailers in the private label market in Brazil.

Product code: RT0101MR

BRICdata (BRICdata.com) specializes in the provision of strategic intelligence on emerging markets that helps suppliers in developed markets identify, pursue and achieve growth opportunities.

 
 
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BRICdata Publishes Market Opportunities and Business Strategies in Private Label Branding in Brazil

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