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[ClickPress, Sun Apr 19 2015] Foodservice and shopping centres continue to expand in Lima as well as in urban provincial areas. This type of business generally opts for well-recognised providers to supply AFH products, as players in this arena generally provide significant savings on unit prices and a good range of quality, to target different budgets. Moreover, busier lifestyles of Peruvian consumers determine that they increasingly spend more time away from home, which also contributes to boost sales of AFH products. As a result, the category posted an 8% growth in value terms in 2014, in line with the performance observed the previous year (9%).
There is no specific data available for AFH products. However, some of the leading companies within retail, such as multinationals Kimberly-Clark del Perú SA and CMPC SA also achieved a privileged position within the AFH arena, as they participate in all areas of AFH tissue and hygiene, provide good quality products as well as a wide range of segmentation to meet customers’ needs at competitive prices.
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AFH tissue and hygiene will record a CAGR of 5% at constant 2014 prices over the forecast period, which is near the country’s expected GDP growth. The expansion of hotels, shopping centres and consumer foodservice outlets within Lima and the provinces will have a positive impact.
Discover the latest market trends and uncover sources of future market growth for the Away-From-Home Tissue and Hygiene industry in Peru with research from Euromonitor's team of in-country analysts.
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