Chile

Wound care in Chile continues to record declines in both retail volume and value terms. This is primarily due to the country's economic situation, where consumer spending remains constrained and Chileans are having to prioritise their expenses. In…

Weight management and wellbeing in Chile continues its downward trajectory, with 2023 value sales marked by contraction rather than stagnation, and an even steeper decline recorded in the first half of 2024. This is primarily due to growing consumer…

Demand for vitamins in Chile is surging in 2024 following two consecutive years of decline. A fall in retail volumes in 2022 was due to high comparable rates following the pandemic and the return to normalcy, which relegated supplementation to a…

2023 marked a year of outstanding results for sports nutrition in Chile. Although value sales growth slowed in the first half of 2024, demand is growing across the category. This is primarily being driven by increasing interest among Chileans in…

Demand for sleep aids in Chile continues to grow in 2024 and remains significantly above pre-pandemic levels. Although value growth can also be considered healthy, it falls short when compared to the remarkable figures observed in 2021, when the…

Paediatric consumer health in Chile continues its downward trend across much of the category. This is because local parents are becoming increasingly cautious about their children’s health since at least six infants died in Chile in 2023 due to…

Values sales of herbal/traditional products in Chile are significantly slowing, primarily due to Chilean consumers prioritising their purchases and viewing this category as non-essential for health. Along with sleep aids, herbal/traditional cough,…

Following a drop in 2022, demand for eye care in Chile continues to rise. The category has been mainly impacted by the weather, considering that 2023 was characterised by a shorter spring due to the effects of the El Niño climatic phenomenon.

Value sales of digestive remedies in Chile continue to grow, albeit at a slower pace compared to 2023. Historically, demand for digestive remedies in Chile has remained stable, as these products are not dependent on weather variations or the seasonal…

In value sales terms, dietary supplements in Chile maintains its upward trajectory. This is primarily due to the supplementation boom, which has continued its rise among Chilean consumers who are constantly seeking products to help prevent potential…

Dermatologicals in Chile is a fairly stable category that has, however, shown signs of dynamism for the second consecutive year. While this category typically demonstrates notable stability and has not exhibited substantial growth following the…

Despite registering healthy growth during 2023, cough, cold, and allergy (hay fever) remedies in Chile fell well below industry expectations. This was primarily due to the climate effect, a determining factor in demand for remedies that address…

Consumer health in Chile maintains modest value growth, consistent with the previous year. The industry has faced a slowdown compared to its performance during the pandemic, where supplementation became a priority for consumers amid the health…

Sales of analgesics in Chile, in both retail volume and value terms, declined in 2023, primarily due to high comparative rates from previous years when demand was heavily influenced by their widespread use to alleviate vaccination-related symptoms.…

Travel and tourism in Chile is experiencing a remarkable resurgence post-pandemic. This revitalisation is attributed to a resurgence in leisure and business travel, fuelled by strategic initiatives such as the "Meet in Chile" programme, which has…

Argentina and Chile, neighbouring countries sharing a 5,308 km border, experience a high flow of tourists crossing between them, influenced by the strength of their respective currencies against the dollar. When the exchange rate is low, Argentina…

Following a significant downturn due to the impact of COVID-19, hotels in Chile experienced a remarkable recovery in 2023. The category ended 2022 with considerable improvements, approaching pre-pandemic levels in terms of value sales, and this…

Since the pandemic, there has been a notable shift in how travellers book international trips. Increasingly, they are turning to intermediaries, particularly travel agencies, due to the challenges they faced during the pandemic. This period saw many…

Chile's recovery in terms of inbound arrival numbers is lagging behind other Latin American countries, largely due to the delayed reopening of its borders following the pandemic. This delay has affected travel decisions and reduced demand for flights…

Santiago and Antofagasta are Chile’s most economically vibrant cities, due to population size, consumer expenditure and disposable income. Temuco is expected to see the greatest economic growth in terms of GDP growth in the future. In the near term,…