One-Third Of Consumer Products Firms Plan Global Expansion

July 14, 2006
Thirty-five percent of large, U.S.-based consumer products companies surveyed by PricewaterhouseCoopers (PwC) expect to expand their global presence during the next 12 months to 18 months. The reason: to increase top-line growth and profits, says John ...

Thirty-five percent of large, U.S.-based consumer products companies surveyed by PricewaterhouseCoopers (PwC) expect to expand their global presence during the next 12 months to 18 months.

The reason: to increase top-line growth and profits, says John G. Maxwell, PwC's retail and consumer industry leader for the Americas.

Among those planning to expand their presence in the next 12 months to 18 months, the majority expects that expansion will come with existing U.S. products 'adapted to local tastes' or marketed 'as is,'" says Maxwell.

However, nearly half of the companies surveyed -- 48% -- expect to maintain their global presence pretty much the same as during the next 12 months to 18 months. And another 5% actually expect to shrink their global presence during the near term.

Popular Sponsored Recommendations

How Manufacturers Can Optimize Operations with Weather Intelligence

Nov. 2, 2023
The bad news? Severe weather has emerged as one of the biggest threats to continuity and safety in manufacturing. The good news? The intelligence solutions that build weather ...

Gain a competitive edge with real-world lessons on private 5G networks

Nov. 16, 2023
The use of private networks in manufacturing applications is rapidly growing. In this paper, we present valuable insights and lessons learned from the field with the goal of enhancing...

Lean Manufacturing in the Age of the Industrial Internet

Oct. 24, 2023
Read how advanced MES capabilities can help you improve your labor utilization, reduce WIP, and optimize your production. Download the white paper today.

Digitally Transforming Data and Processes With Product Lifecycle Management

Oct. 29, 2023
Manufacturers face increasing challenges in product development as they strive to consistently deliver improved results. Discover how industry leaders are improving time-to-market...

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!