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

In the earnings call, CEO Jeff Green said there had been “a sustained weakness among some large consumer packaged goods companies as well as some global auto companies.”

From Barron's • Feb. 26, 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

In response, retailers have offered higher discounts on consumer packaged goods, further weighing on margins.

From Reuters • Sep. 8, 2023