consumer packaged goods

American  

[kuhn-soo-mer pak-ijd goodz] / kənˈsu mər ˈpæk ɪdʒd ˌgʊdz /

plural noun

Economics

1. goods that are bought for short-term usage and replaced frequently, as food, cosmetics, and clothing, in contrast to goods bought for long-term usage, as appliances and furniture. CPG

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Etymology

Origin of consumer packaged goods

First recorded in 1955–60

Example Sentences

One problem is that a chunk of the fund consists of consumer packaged goods companies that are losing ground to smaller companies that are offering healthier products to appeal to consumers’ health push.

From Barron's • Apr. 2, 2026

Kimberly-Clark is adding a company at the intersection of consumer packaged goods and healthcare, Chief Executive Mike Hsu said in a statement.

From MarketWatch • Nov. 3, 2025

But it’s not just consumer packaged goods companies feeling the pressure.

From Salon • Feb. 27, 2025

Nationwide, Walmart is the most popular retailer, capturing 21% of consumer packaged goods spending, according to consumer data company Numerator.

From Los Angeles Times • Sep. 6, 2024

"There is incredible appetite for our products," said Katie Denis, a spokeswoman for the Consumer Brands Association, a trade group for consumer packaged goods companies including Colgate.

From Reuters • Mar. 1, 2022