Majority of consumers think private brands offer quality, value
Private label products are continuing to improve their standing with shoppers.
More than half (58%) of consumers say they don't care whether a product is a national brand or a private label, according to a new report from NielsenIQ (NIQ). Sixty-eight percent of consumers view private label products as a good alternative to national brands, while 69% believe they offer good value for money.
Younger consumers are especially keen on private brands, as 67% of Gen Z consumers believe private label products are just as good as national brands.