Category: Consumer Goods & Retailing
Colombia Consumer Goods & Retailing
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Colombia Dog Food
... for much of the review period, largely attributed to the significant increase in raw material costs and widespread inflation, which has led to a considerable rise in animal feed prices. Faced with these challenges, players ... Read More
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Pet Products in Colombia
... The positive performance of cat litter is mainly driven by increases in the cat population, with cats becoming an increasingly popular pet option in large cities in which people live in apartments. Despite its rising ... Read More
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Other Pet Food in Colombia
... emotional connection that many people have with these types of animals compared to cats and dogs. Unlike cats and dogs, which are often seen as companions and family members, other pets may not evoke the ... Read More
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Pet Care in Colombia
... a notable impact on the industry, leading pet owners seek to manage their monthly pet-related expenses more prudently in a trend that is persisting in 2024 Euromonitor International's Pet Care in Colombia report offers a ... Read More
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Colombia Pet Care
... notable impact on the industry, leading pet owners seek to manage their monthly pet-related expenses more prudently in a trend that is persisting in 2024 Euromonitor International's Pet Care in Colombia report offers a comprehensive ... Read More
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Dog Food in Colombia
... low for much of the review period, largely attributed to the significant increase in raw material costs and widespread inflation, which has led to a considerable rise in animal feed prices. Faced with these challenges, ... Read More
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Beauty and Personal Care in Colombia
... Administrative Department of Statistics), which resulted in strong price hikes for beauty and personal care products (an average of 16% during the year). Even though living costs and limited household budgets forced consumers to become ... Read More
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Fragrances in Colombia
... have clearly had an impact on value growth, though consumers are spending more on fragrances for different reasons too. As consumers focus on wellbeing, fragrances represent a state of mind and bring out and express ... Read More
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Colour Cosmetics in Colombia
... is to Colombian women and their habits. Eye make-up remained the largest category in value terms at the end of the review period, benefiting from trends of consumer experimentation and shifting from bold colours to ... Read More
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Men's Grooming in Colombia
... of new products did not prevent a significant decline in volume. While the largest category in men’s toiletries in value terms remained men’s deodorants, volume growth in this category was limited by maturity. Nonetheless, players ... Read More
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Mass Beauty and Personal Care in Colombia
... mass brands because of their lower purchasing power as the prices of energy and groceries continued their upward trend (with inflation at 9.28% in 2023 according to the DANE - The National Administrative Department of ... Read More
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Skin Care in Colombia
... on skin care routines. As in every other area of beauty and personal care, value growth in 2023 was boosted by unit price increases. As a result, more competitive pricing was particularly pressing given the ... Read More
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Oral Care in Colombia
... more price sensitive, encouraging them to switch away from branded goods towards less expensive private label offerings. Private label products have increased their quality standards in toothpaste, moving away from basic or traditional formulae to ... Read More
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Sun Care in Colombia
... awareness about the potential damage caused by sun and blue light, including premature skin ageing and the development of skin cancers. As a result, consumers have expanded the use of sun care towards a daily ... Read More
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Hair Care in Colombia
... during the year. Similar to other beauty and personal care categories, brands continued to leverage consumers’ preference for and greater interest in ingredients that support their health and further supported innovation utilising ingredients such as ... Read More
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Premium Beauty and Personal Care in Colombia
... increase in value share across most categories and gained ground from other channels such as department stores. While e-commerce strongly appeals to Millennials and Generation Z consumers, retailers have invested in their physical stores to ... Read More
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Deodorants in Colombia
... result of the growth in retail prices linked to the higher costs of production faced by manufacturers. According to official sources (IDEAM - Institute of Hydrology, Meteorology and Environmental Studies), during 2023, the average air ... Read More
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Depilatories in Colombia
... services, such as waxing and laser hair removal. Women’s razors and blades benefited strongly from this situation, representing a less expensive alternative solution, and saw growth in volume and value in 2023. Depilatories brands aimed ... Read More
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Bath and Shower in Colombia
... to liquid soap due to its more accessible prices and value-added features in terms of both packaging and ingredients. Skinification also reached bath and shower as the category witnessed the inclusion of prebiotics and collagen ... Read More
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Baby and Child-Specific Products in Colombia
... consumers to shift to family-orientated offerings. As consumers move between channels looking for convenience and price, they are open to trying new brands and products, especially private label options, which is constraining the performance of ... Read More
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Colombia Luxury Footwear Market Overview, 2029
... is relatively new. This rise is mostly linked to the country's growing upper-middle class, which has developed a taste for designer brands and luxury items. The evolution of this segment indicates a shift in customer ... Read More
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Retail in Colombia
... food and beverages exports, which registered a 24% increase. However, despite notable signs of economic recovery in 2023 with a revaluation rate of 17%, according to a Banco de la República de Colombia report in ... Read More
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Discounters in Colombia
... uncertainty and budget constraints. Discounters have come to the fore for Colombian consumers through proposals centred on economy and variety in terms of product offer. Not only have discounters managed to gain traction in terms ... Read More
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Apparel and Footwear Specialists in Colombia
... strongly in consumers’ out-of-home choices, have experienced significant changes since the pandemic. Dress codes have been loosened, giving more room in work environments for less formal clothing and footwear. Comfortable and sporty items were the ... Read More
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Supermarkets in Colombia
... supported by frequent discounts and offers. The importance of hypermarkets is in decline in grocery retailing in Colombia, since people prefer to buy in smaller formats and seek differentiated and niche offers. In this light, ... Read More
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