Fast-moving Consumer Goods (FMCG)

Covid-19-induced economic distress has added to existing problems such as lack of access to finance, non-tailored financial products, absence of capacity development, poor market linkage, absence of skilled labor, and lack of an export market. According to the Asian Development Bank (RRP Sector Assessment, ADB): The SMEs in Bangladesh account for 70 to 80% of […]

Bangladesh is one of the most prosperous countries in Asia and is expected to become the 26th largest economy in the world by 2030 . Even during the pandemic, while neighboring countries were experiencing a negative trend in their GDP growth rate, Bangladesh’s GDP per capita grew from USD 1,960 in 2020 to USD 2,130 […]

Mom-and-Pop shops, commonly known as Mudir Dokan in Bangladesh, have dominated the retail space for ages. Although super markets were predicted to put these shops out of business, that has not been the case in reality. Due to the inability of supermarkets to penetrate the middle class market, Shwapno was the first to set up […]

Supermarkets have changed the way people shop ever since their inception. As the need for convenience increases, more and more supermarkets are gaining popularity. So, it is important to look at how all this started and how that might become relevant for Bangladesh in the future. The Rise of Supermarkets in the US The Start: […]

While the consumers have been cutting back on most of their purchases during the COVID-19 outbreak, grocery retailers are winning out. The overwhelming demands for grocery shopping which started with ‘panic buying’, now appears as a logical consumption strategy to survive in the lockdown. The impact in consumer sentiment is highly noticeable in the grocery […]

The LightCastle team has been analyzing the macro and industry level picture and possible impacts wrought about by the Covid-19 crisis. Over the following days, we’ll be covering the major sectors shedding light on the possible short and long term ramifications of the global pandemic. Read all the articles in the series. Bangladesh’s Fast Moving […]

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