Category: Consumer Goods
Caribbean Consumer Goods
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Macro - Country Economic Forecasts - Puerto Rico
... Federal funds from disaster-relief programs and pandemic stimulus that buoyed infrastructure projects and private consumption will continue to fade. Still, resilient demand from mainland US will likely remain a benefit to Puerto Rico's exports and tourism sector, driving growth in the island's economy. Read More
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Macro - Country Economic Forecasts - Dominica
... our 2024 GDP forecast for Dominica to 4.2% and expect robust growth of 3.1% next year. Our forecast reflects strong near-term prospects due a major recovery in tourism, high public investment, and strong Citizenship-by-Investment revenues. Read More
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Analysis by Region - Emerging Markets - Cuba
... fuel shipments from Russia and Venezuela caused widespread blackouts, while Hurricane Rafael strained the already neglected infrastructure. In turn, we don't expect pre-pandemic output levels to be reached until 2029, with risks tilted to the ... Read More
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Macro - Country Economic Forecasts - St. Vincent and the Grenadines
... to 2.9%y/y for 2025 because of damage caused by Category 5 Hurricane Beryl in July. The impact of Beryl this year is likely to be moderate as critical infrastructure and tourism facilities escaped heavy damage. Read More
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Macro - Country Economic Forecasts - Cayman Islands
... expect GDP will grow by 1.9% next year before slowing down to 1.6% in 2026. Inflation is falling sharply as the global inflationary crisis keeps fading. So, we forecast inflation slightly below 2% for 2025. Read More
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Macro - Country Economic Forecasts - Virgin Islands (UK)
... Virgin Islands' economy will grow by 1.2% in 2024 and 1.6% in 2025. We've revised up our 2025 GDP forecast to reflect stronger-than-anticipated growth in the tourism sector, partly driven by the robust US economy. Read More
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Dominican Republic Cigarettes
... have also been impacted by the shift to e-vapour products (both open and closed systems) and heated tobacco, which have a reputation of being less harmful to health. These products are also increasingly popular because ... Read More
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Dominican Republic Tobacco
... a decline in terms of volume and slight growth in value due to price increases. The reduction in consumption is also attributable to a declining smoking population, in line with the global trend, as well ... Read More
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Dominican Republic Smokeless Tobacco, E-Vapour Products and Heated Tobacco
... attracting consumers of cigarettes and small cigars who perceive these products to be less harmful to their health, as well as new consumers, mostly young people, who have not previously consumed traditional tobacco products. Their ... Read More
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Dominican Republic Cigars, Cigarillos and Smoking Tobacco
... tobacco, and cigars being a symbol of a high social status. This perception is attracting consumers of all ages, including young people. Whilst some players believe this increased demand could last several years, they have ... Read More
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Economy of English Speaking Caribbean - 2024
... Jamaica and Trinidad & Tobago are considered together in this study. The microstates of the region are not included. Issues discussed are internal budgets, external accounts, economic policies and, in some cases, levels of violence. Read More
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Macro - Country Economic Forecasts - Anguilla
... we expect tourism will continue to aid growth and demand for the country's domain name will continue to provide an additional revenue source. We've therefore upgraded our 2025 GDP forecast by 0.1ppts to a 4.6% ... Read More
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Macro - Country Economic Forecasts - Aruba
... over 80% of Aruba's overseas visitors, thereby boosting tourism activity. Arrivals are expected to surpass pre-pandemic levels in both 2023 and 2024. However, weak private investment is likely to constrain growth this year, as the ... Read More
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Macro - Country Economic Forecasts - Antigua and Barbuda
... tourism and construction activity increasing, to which real activity is expected to climb to pre-pandemic levels by the end of the year. Potential tourism slowdowns and geographical vulnerabilities remain a headwind for sustainable long-term growth. Read More
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Macro - Country Economic Forecasts - Grenada
... construction. The ongoing strength of the US consumer will uphold Grenada's tourism-driven economy, particularly in the first half of the year, but with services spending normalizing to pre-pandemic levels, the largest effects have likely passed. Read More
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Macro - Country Economic Forecasts - Guadeloupe
... Starlink satellite coverage, which is expected to provide the island with high-speed, reliable internet access, will provide additional support to growth as it will improve opportunities for remote working, e-commerce, and education via online resources. Read More
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Sun Care in Dominican Republic
... more aware of the potential damage to the skin from direct exposure to the sun, such as premature ageing or skin cancer. Greater awareness about the relevance of sun care use is encouraging certain Dominicans ... Read More
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Mass Beauty and Personal Care in Dominican Republic
... inflationary conditions in the Dominican Republic. Many of these consumers were unwilling to forgo beauty and personal care items, which are used on a daily basis. Nevertheless, there was a tendency to buy more affordable ... Read More
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Hair Care in Dominican Republic
... high inflation. Consumers switched to new packaging sizes and formats in shampoos in order to make cost savings. Larger containers such as the 700ml option from Head & Shoulders, a leading brand from The Procter ... Read More
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Fragrances in Dominican Republic
... the pandemic and the subsequent inflationary period putting a squeeze on purchasing power, this trend has reversed. Consumers in 2023 showed greater interest in mass fragrances, as they sought to reign in expenditure. Euromonitor International's ... Read More
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Colour Cosmetics in Dominican Republic
... simplification in their beauty rituals. Cosmetics manufacturers regularly launch products with multifunctional claims. The Maybelline New York brand from the L'Oréal Groupe, which has wide distribution in supermarket chains, such as Olé, Plaza and Jumbo, ... Read More
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Beauty and Personal Care in Dominican Republic
... fell in 2023 compared to the previous two years, the overall increase in prices over the past two years continued to put pressure on the purchasing power of Dominicans, especially in low- and middle-income demographic ... Read More
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Depilatories in Dominican Republic
... toll. Less essential products such as razors have been hard hit by this trend. This shift in consumer purchasing patterns has favoured low-price razor brands such as Bic and Top Care, which were active in ... Read More
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Oral Care in Dominican Republic
... such as teeth brushing are well established among the majority of Dominicans and so basic products are deemed essential. Awareness of the importance of oral health, as an integral part of general health, is increasing ... Read More
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Premium Beauty and Personal Care in Dominican Republic
... higher living costs, led consumers to prioritise their purchases. In beauty and personal care, this was reflected in more rational purchases of products such as fragrances or skin care, with premium products growing at lower ... Read More
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