Report: Digital CPG buys up 36%

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Researchers with 1010Data report that digital CPG revenue was $10.4 billion in 2016; that is an increase of nearly $3 billion over 2015.

Researchers also point out that private label brands in the CPG space are gaining traction, especially with online buyers. Experts believe brands like Amazon and WalMart will continue to expand their private label offerings, with could push CPG sales in the digital space even higher.

“After the first half of 2016, 1010data estimated that CPG online sales in key CPG categories would reach $10 billion for the first time ever, and we were correct,” said Sandy Steier, CEO and Co-Founder of 1010data. “All indications are that there is no sign of slowing in the online CPG market. 1010data will to continue to track consumer behavior with high-quality, granular datasets that reveal meaningful insights about what markets are doing and why.”

Breaking down the top CPG categories for digital, researchers found:

• Subscription/Pantry boxes helped to increase sales of laundry/dish cleaners
• $2.6 billion in health supplements were bought online, making it the top digital CPG category
• Pet care ranked second, increasing 67% YoY

Total ecommerce increased 16% between 2015 and 2016, according to the researchers; CPG increased 36%.

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ABOUT THE AUTHOR

Kristina Knight-1
Kristina Knight, Journalist , BA
Content Writer & Editor
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Kristina Knight is a freelance writer with more than 15 years of experience writing on varied topics. Kristina’s focus for the past 10 years has been the small business, online marketing, and banking sectors, however, she keeps things interesting by writing about her experiences as an adoptive mom, parenting, and education issues. Kristina’s work has appeared with BizReport.com, NBC News, Soaps.com, DisasterNewsNetwork, and many more publications.