Chile

The protests that were affecting Chile in the final quarter of 2019 were already increasingly turning consumers towards an in-home environment, even before the COVID-19 pandemic arrived in Chile, increasing the importance of e-commerce and especially...

As the only product recording increasing sales in portable players, the penetration of wireless speakers continues to rise within Chilean households. Given the increasing focus of top players such as Sony on more expensive models, with the entry of ...

An 11% decline in car sales in Chile during 2019, as announced by ANAC, the National Automotive Association of Chile, combined with the closure of physical sales outlets due to the protests that affected Chile in the last quarter of 2019, saw in-car ...

In spite of the protests in Chile disrupting the operations of many bricks-and-mortar retailers in the major cities during the final quarter of 2019, wearable electronics still managed to record dynamic growth in this year, helped by the increasing ...

The improvements in the sound definition technology and prices, together with the portability and low cable dependency, of products such as wireless speakers and soundbars, have been negatively impacting the unit sales performance of hi-fi systems, ...

What could be evaluated as major changes in people’s lifestyles caused by the COVID-19 pandemic in Chile, such as curfew, movement restrictions, army checkpoints, store closures and overall uncertainty over the future, were situations that, to a ...

With sales of digital cameras and camcorders continuing to decline, due to their substitution by smartphones, with the ever increasing quality of their cameras, the global camera producers are betting on the same formula that is seeing smartphones ...

The 2020 postponements of the Copa America South American soccer championship finals and the Olympic Games were contributing to driving down the sales of TVs, resulting in an overall decline in the home video category in 2020. Following a difficult ...

Indirectly impacted by the lootings, store closures and the decline in the consumption of non-essential products during the social unrest protest of 2019, mixed retailers were experiencing major cashflow problems. With mixed retailers being the most ...

After a challenging year in 2019, the COVID-19 pandemic in 2020 is set to lead to further strong negative value growth for car rental in 2020. Business and leisure car rental are both expected to record sharp falls in value sales reflecting the very ...

The global COVID-19 pandemic is having a strong negative impact on all categories and players in lodging in Chile in 2020 as the steep decline in business and leisure travellers leads to a similarly precipitous fall in spending on lodging services. ...

The tourism industry in Chile is expected to see the number of foreign tourists arriving in the country in 2020 reduced by more than 70% over the previous year’s arrivals due to COVID-19. This would mean a loss of approximately CLP1.6 trillion (USD2 ...

The COVID-19 pandemic is set to leave few areas of the travel and tourism market in Chile untouched in 2020. It has led to huge falls in tourist flows and sales across all categories, effectively paralysing airlines and lodging establishments during ...

Travel intermediaries have been among those hit hardest by the COVID-19 pandemic in 2020. Travel bans and border closures around the world have created an unprecedented negative impact on travel and tourism and a huge climate of uncertainty, with a ...

Both scheduled and low cost carriers in Chile have seen and are set to see a steep decline in the number of travellers during 2020 as a result of COVID-19-related flight restrictions and travel bans. This is accompanied by a lack of consumer ...

High per capita disposable income and a large middle class will drive consumer market growth over 2020-2040. Moreover, supportive macroeconomic policies and changes in the tax system are expected to increase welfare spending and help to reduce high ...

Latin America’s economy will fall sharply in 2020 due to the containment measures of dealing with the Coronavirus (COVID-19). The region’s consumer expenditure will also fall in 2020. Caribbean economies will lag behind other countries due to their ...

Coronavirus (COVID-19) is having a significant impact on alcoholic drinks in Chile. The outbreak of the virus exacerbated ongoing issues, such as economic concerns and the desire of some consumers to lower their alcohol consumption. Rising ...

The maturity of wine in Chile represented a challenge to organic volume growth. In the past, wine relied on population growth, but with changing demographic dynamics and a consumer trend towards reduced alcohol consumption, wine companies have had to...

Pisco, the most popular alcoholic drink in the country, remained a staple at parties and social events. Consumed either neat or in cocktails, the most popular way to drink pisco in Chile is as a “piscola”, a mix of pisco and cola carbonates. Pisco, a...