INVESTING | Consumer Staples Sector
A Sector is a broad selection of companies with similar characteristics. An Industry is a subset of Sectors where companies are grouped in more specifically than Sectors.
Investors can use Sectors and Industries to efficiently classify and compare companies. Comparing companies with shared Sector and Industry allows an investor to identify relative strengths and weaknesses. Comparing companies across different Sectors and Industries can help identify relationships and trends.
The Consumer Staples Sector includes companies that sell items required as part of living a normal life. These staples are relatively price inelastic, which means demand remains relatively consistent through price fluctuations and economic conditions. The Consumer Staples Sector includes the following six Industries:
Food & Staples Retailing Industry
Food Products Industry
Household Products Industry
Personal Products Industry
The total value of the Consumer Staples Sector in the United States is approximately $2.95 trillion.
Consumer Staples include companies like Kroger, Proctor and Gamble, Pepsi, and Estee Lauder.