Category: Consumer Goods
Caribbean Consumer Goods
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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 - 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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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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Deodorants in Dominican Republic
... with retail volume sales continuing to rise in 2023. The category has a wide variety of brands and formats, many of them perceived as affordable by a large part of the population. Consumers are willing ... Read More
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Skin Care in Dominican Republic
... aesthetics and supports general health. This behaviour is more noticeable among millennials and Gen Z, who use skin care products on a daily basis. During a period in which consumers felt the pressure of higher ... Read More
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Men's Grooming in Dominican Republic
... In later years, Dominicans renewed their interest in activities outside the home whilst remote work became less and less frequent, so the habit of shaving tended to recover. In 2023, men’s razors and blades has ... Read More
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Baby and Child-Specific Products in Dominican Republic
... lower-priced brands that were more attractive to frugal-minded consumers. Tougher competition urged Johnson's Baby to focus on a differentiation strategy, resulting in the reformulation of its products, reporting claims such as ""new purer and more ... Read More
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Bath and Shower in Dominican Republic
... as these formats are still considered a more economical alternative to hand and body wash in liquid format. Given the multifunctionality of bar soap, it is sometimes used by low-income groups as a substitute for ... Read More
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Tourism Desintation Market Insight - Caribbean (2024)
... as well as a SWOT analysis. Key Highlights Prior to COVID-19, inbound flows to the Caribbean grew at a CAGR of 3.04% between 2015 and 2019, reaching 21.57 million international arrivals in 2019. In 2023, ... Read More
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Cuba Hotels Market Size by Rooms (Total, Occupied, Available), Revenues, Customer Type (Business and Leisure), Hotel Categories (Budget, Midscale, Upscale, Luxury), and Forecast to 2026
... services, typically with a continuous staff presence) market have seen moderate change in the recent years and is also expected to evolve in similar fashion in the near future. The report Cuba Hotels Market Analytics ... Read More
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Cigars, Cigarillos and Smoking Tobacco in Dominican Republic
... of category leadership for the local player. La Aurora continues to benefit from the broad distribution of its products, which is handled by Cervecería Nacional Dominicana, part of AB-InBev, the global alcoholic drinks giant. La ... Read More
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Smokeless Tobacco, E-Vapour Products and Heated Tobacco in Dominican Republic
... this next generation alternative to cigarettes. At the time of writing, there were more than 23,000 heated tobacco users in the country, up from around 20,000 in 2021 and while Philip Morris’ IQOS system is ... Read More
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