Business Standard

Online FMCG sales to touch $5 bn by 2020: Google-Bain study

Online FMCG sales to touch $5 bn by 2020: Google-Bain study

  • February 11, 2015
  • min read

Business Standard

Online FMCG sales to touch $5 bn by 2020: Google-Bain study

A study by Bain & Company and Google said that online sales in fast-moving consumer goods (FMCG) categories, such as male grooming, beauty, food and beverages and infant care would reach $5 billion by 2020. "The increase in the next five years is substantial and speaks of the rapid digital migration of consumers in the time-frame under review," says Bain partner Nikhil Prasad Ojha.