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When it comes to private label products in Serbia, what is the consumer attitude? And what are private-label products?
Private label products are store brands owned by retailers and sold under their brand name. The general perception of private label products is that they are alternatives to traditional brands, offering good enough quality and lower prices.
GfK Serbia's research Shopper 360, the most relevant study on the market and consumers in Serbia, provides insights into trends and the share of private label products in total retail sales in Serbia for 2022-23.