The world's most comprehensive market research on consumer produc...
The world's most comprehensive market research on consumer products, commercial industries, demographics trends and consumer lifestyles in Panama.
Tobacco sales dropped in both 2020 and 2021 due to health concerns around COVID-19, while lockdown and home seclusion diminished social occasions and opportunities to smoke. Moreover, smoking prevalence remains low in Panama and is falling despite…
After plummeting in 2020, on-trade sales recovered well in 2021, with total volume sales rising to exceed those seen in 2019. Despite a rebounding on-trade, the off-trade was also strong as at-home consumption remained popular. Low tax rates, the…
Hot drinks returned to growth in 2021 after stagnating in 2020 due to the pandemic. Coffee remained the largest category and maintained growth while tea experienced a strong rebound after sales contracted in 2020. Once the pandemic recedes and the…
COVID-19 had a marginal impact on tissue and hygiene in 2021 though sales growth remained slower than pre-pandemic levels. The essential nature of some of these products enabled demand to remain stable, although differences were seen between…
This report analyses the market for consumer health in Panama. For the purposes of the study, the market has been defined as follows:
In 2021, beauty and personal care rebounded after steep declines in the previous year that were stimulated by the onset of COVID-19. The strongest corrections were in sun care, fragrances and colour cosmetics as consumers were able to venture outside…
Protests are exacerbating political instability in Panama, where public finances are deteriorating owing to the Coronavirus (COVID-19) pandemic response. Economic recovery is expected to be rapid, and foreign investors are attracted to the country’s…
Panama’s economy will return to normality in 2021, which implies a sizable cumulative output loss compared to the pre-pandemic outlook. Prices will remain soft. Weaker economic activity will lower credit growth. Suspension of labour contracts (to…
Dairy products and alternatives saw positive growth in 2021, though much slower than prior to the pandemic. Despite an easing of restrictions, the ongoing presence of COVID-19 posed problems for industry players such as altered consumer demand due to…
Cooking ingredients and meals achieved positive growth in 2021 as COVID-19 restrictions began to ease though the performance varied across product categories. Prior to the pandemic Panama was one of the fastest-growing economies in the region with…
Prior to COVID-19, tourism had been already been struggling, principally driven by a dramatic drop of visitors from Venezuela and hotel occupancy was low. It is not expected that tourism will not see any significant growth in terms of value sales,…
The number of households is set to increase rapidly in Panama over 2021-2040, with single person becoming the dominant household type. While household earnings will only gradually reach pre-pandemic levels, the fastest household expenditure growth is…
Economies that offer an efficient, fast and inexpensive path to starting a business enjoy great dynamism and high FDI intake. A country with a competitive business environment is offering sound transport and ICT infrastructure; an effective juridical…
The report provides information on the economic landscape, major monetary indicators, foreign trade, investments and government finance in Panama. In 2021, the country’s economy expanded in real terms, driven by increasing domestic consumption,…
Insight into income, wealth and expenditure of consumers and households is vital in helping businesses make strategic decisions with regards to which country (or even which region within a country) to enter, which consumer segment to target, which…