Business Idea: Start A Cpg Company in 2024
A CPG (Consumer Packaged Goods) company is a company that sells packaged items that are purchased by consumers for daily use. These products are usually sold in retail stores, but they can also be sold online or in other ways.
CPG companies make products that are generally easy to use and accessible to any consumer. These include household items such as cleaning supplies and toothpaste as well as food and beverages like juice or beer.
Starting a CPG business requires finding an idea for a product, researching the market to determine if there is room for your product in the marketplace, getting a manufacturer or distributor to produce and distribute the product, and coming up with enough capital to get started.
Revenue & Profitability
How much do CPG companies make?
- On average, successful CPG companies report $2.74M/year in revenue.
- 81% of CPG companies report being profitable.
Learn more about how much money CPG companies make.
Startup Costs
How much does it cost to start a CPG company?
- It can cost as low as $69 to start a CPG company.
- It can cost as high as $2,000,000 to start a CPG company.
Learn more about the costs of a CPG company.
Examples Of Successful Cpg Companies
Successful CPG company businesses and case studies
BeatBox Beverages, a wine-based cocktail company, grew sales from $700k in 2016 to $2.4m in 2018 and is on track to hit $6m+ in 2019 through a unique and differentiated product, social media marketing, and an appearance on Shark Tank.
TomboyX, a gender-neutral clothing company, has consistently increased its revenue over 100% each year and expanded from zero employees to 15 in just two years by focusing on quality underwear and listening to customer feedback.
See full list of successful CPG companies.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
