Ecuador

Sports nutrition products typically have very high prices, which limits the growth potential to an extent. As such, consumption is limited to consumers in medium and high income groups. In addition, some sports nutrition products sold in Ecuador can…

Medicated shampoo is expected to register the highest current value growth in dermatologicals in 2023, with the big winner being Genommalab’s Medicasp. This brand has significantly increased value share over the review period. With substantial…

Sugar confectionery continues to post robust retail volume and current value growth in 2023, with the return of normal lifestyles boosting consumption occasions. With schools fully reopened, there is an increase in demand for sugar confectionery that…

Gum is highly dependent on impulse sales in the traditional channel and so the category was heavily affected by the COVID-19 pandemic. As demand subsided, companies substantially reduced their staff, product portfolio and distribution. In 2023,…

Deodorants achieved another solid year of growth in 2022 as the category recovered from the pandemic. Many people had spent time at home and used far less deodorant during the long periods spent at home. As consumers resumed normal lifestyles in…

Surface care saw dynamic growth during the COVID-19 pandemic as consumers elevated cleaning routines in their homes, and used products to disinfect them on a regular basis. With the pandemic largely under control and virus concerns reduced,…

Home Insecticides is highly dependent on the weather situation in the country. During 2022, the country experienced “La Niña” phenomenon, which has modified the demand patterns of home Insecticides. In coastal regions where there are more insects, it…

Dishwashing has seen a substantial rise in raw materials costs, in addition to increases in logistical costs, putting pressure on profit margins and operations. Many companies have been unable to absorb the rise in costs and consequently increased…

Ecuador has witnessed a remarkable expansion of its air routes with the introduction of new airlines alongside the growth of existing ones. One such noteworthy addition is Arajet, a low-cost carrier that commenced operations in the final quarter of…

After the sharp decline seen during the pandemic, sun care made a strong recovery in 2022, with retail volume sales nearing pre-pandemic levels. As cases of COVID-19 decreased in 2022, travel restrictions on mobility were also relaxed. Domestic…

During the review period, a number of small brands of locally produced mouthwashes witnessed solid growth, including the domestic alcohol brand Weir that has extended its portfolio to include mouthwashes. Local brands have sought to take advantage of…

Grocery retailers continued to see dynamic growth in 2022, with the lifting of COVID-19 restrictions supporting economic activity and boosting consumer confidence. Furthermore, while many consumers remained price sensitive in 2022, spending was…

Digestive remedies is expected to register significant current value and volume growth in 2023, partly driven by high demand for diarrhoeal remedies (see below). The healthy growth is also due to the high levels of recommendation by pharmacists at…

The consumption of chocolate confectionery is heavily reliant on purchases made in the traditional channel, where a significant proportion of sales is driven by impulse buying. With the pandemic now behind them, consumers have been able to return to…

At the end of 2021, a law was passed exempting sanitary towels and tampons from VAT. This has helped to ensure that, despite the rise in manufacturing costs, retail prices do not increase by such magnitude that they become unaffordable to end…

Air care was negatively impacted by the arrival of the pandemic since a large part of consumers considered these products as irrelevant. However, as fear of the pandemic has faded, consumers have turned to air care products again. Car air fresheners,…

Probiotic supplements is a standout product within dietary supplements and is expected to register double-digit volume growth in 2023. Probiotics supplements are available over the counter, but part of their success is due to sales representatives…

Snacks is heavily dependent on everyday impulse purchases in Ecuador. Confectionery, ice cream, sweet biscuits and savoury snacks are all largely procured through the traditional channel, which relies heavily on consumer footfall outside of the home.…

Azende Corp Cía Ltda continues to lead the RTD category in 2022 with its Switch brand. Aimed at young adults, Azende has used a strong social media campaign with a funny and fresh message to engage its audience. Switch is a well-known spirit-based…

Following its effective COVID-19 vaccination plan, Ecuador started 2022 with the pandemic threat greatly reduced. However, there was a slight rebound in cases during the first quarter as the Omicron variant emerged and consequently some mild…