Private Label Products May 2026

Shoppers are no longer just "switching" to save money; they are "trading up" within the private label category.

: Premium store brands now account for 40% of total private label spend, up significantly since 2019. PRIVATE LABEL PRODUCTS

The private label market has reached record heights as of 2026, with U.S. sales hitting . Once viewed as low-cost "generic" alternatives, these products—also known as store brands —now capture a 24% unit share of the total market. This shift is driven by a fading stigma; 72% of consumers now view store brands as strong alternatives to national brands, and many are unable to distinguish between the two based on quality alone. Market Performance & Trends Shoppers are no longer just "switching" to save

The growth of is currently outpacing national brands by nearly three times. While value and affordability remain the primary drivers, retailers are increasingly using "premiumization" to attract higher-income shoppers. sales hitting

: In Europe , private label already accounts for roughly half of all unit sales , and Australia has reached a 40% share. Consumer Insights