Walmart owns the top 5 private label brands
Numerator’s updated Private Label Trends Tracker has found that nearly all U.S. households purchased private label products in grocery, health and beauty, household, and home and garden categories over the last 12 months, and private label products accounted for 24% of total units sold across ten major product sectors.
Nearly half (43%) of surveyed consumers purchase private label items to save money, but not all are convinced that they offer the same quality. Some 58% say private label brands offer an above-average value for their price, but less than 1 in 3 (29%) think they are as good as name brands
Across 10 major product sectors, private label products accounted for nearly a quarter of unit volume (24%). The sectors with the highest private label share were Office (38.7%), Home & Garden (32.5%), Tools & Home Improvement (29%), and Household (26.7%). The other sectors analyzed were Grocery (23.8%), Baby (22.7%), Pet (17.6%), Health & Beauty (17.4%), Toys (16.1%), and Electronics (11.1%)
Just about every U.S. household purchased a private label item in the past year. All U.S. households purchased a private label grocery item in the past 12 months, followed by Health & Beauty (99.2% of households), Household Products (98.9%), and Home & Garden (97.6%). The sectors that saw the most change were Home & Garden (-2.8% HHP vs. YA) and Electronics (-1.8% HHP).
Among 20 of the largest U.S. retailers, Aldi and Trader Joe’s rely most heavily on private label products, with their owned-brands accounting for 80% and 69%, respectively, of their overall sales volume. Costco (34%), Sam’s Club (33%), HEB (33%), Walmart (30%), Dollar Tree (29%), Lowe’s (28%), and Kroger (27%) also see more than a quarter of their overall sales volume come from private label products. Only 3% of Amazon’s sales volume is attributable to private label
Walmart’s private label brands dominate the competition. Five Walmart brands had over 50% U.S. household penetration in the past year, including Great Value (86% purchased), Equate (75%), Mainstays (70%), Marketside (69%), and Freshness Guaranteed (67%). Dollar Tree, Aldi, Target, and Costco rounded off the top 10 private label brands by household penetration.
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