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Learn moreMay 2018
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Bar soap is regarded as the most essential product in bath and shower and one of the most important in beauty and personal care. Price regulations imposed by the Venezuelan government in 2012 caused large supply losses because the ceilings set were not adjusted for more than two years, making its production unprofitable.
By tradition Venezuelans bathe daily and even twice a day. They prefer bar soap instead of liquid formats, which are increasing in importance only because bar soap is scarce.
Massive shortages of all bath and shower categories have resulted in less segmentation and loss of consumer brand loyalty. Consumers purchase whatever products they can find on retailers’ shelves, with little attention paid to whether the product offers value-added benefits, such as moisturising, whitening, soothing or exfoliating.
The private label Farmatodo, from the largest drugstore/parapharmacy chain in Venezuela, leads in bath and shower. Products under this private label like intimate wash, shower gel and liquid soap have been well received by the public, which considers them affordable and of good to superior quality, boosting its share in 2017.
The marked absence of flagship brands of bar soap opened the door for artisanal brands in 2017. Unlike multinationals and large domestic groups, artisanal producers are not closely scrutinised by the government, thus are able to set prices according to their cost structures, in spite of the regulations.
Talcum powder lost share in bath and shower because the main users of general purpose talcum powder are elderly people; others regard it as an old-fashioned product. Farmatodo entered this category successfully after the largest multinationals exited in 2015.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Bath and Shower industry in Venezuela with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Bath and Shower industry in Venezuela, our research will save you time and money while empowering you to make informed, profitable decisions.
The Bath and Shower in Venezuela market research report includes:
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Why buy this report?
This industry report originates from Passport, our Beauty and Personal Care market research database.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.