Market research on the retailing industry. Our reports feature a ...
Market research on the retailing industry. Our reports feature a wealth of standardised and cross-comparable statistics including total market sizes, market share and brand share data, distribution and industry trends.
Apparel and footwear specialist retailers was among the areas of Ecuador’s retailing market worst affected by the fallout of COVID-19 in 2020. Lockdowns forced these outlets to close for lengthy periods, and when they were permitted to reopen trade…
The channel did not see any important changes in the last couple of years of the review period, with no new brands entering the market or announcing their intention to do so. This meant that the existing players continued to gain ground, using new…
Historically, online spending by Ecuadorians has been primarily focused on services and entertainment. However, consumption patterns in this area have changed dramatically since the outbreak of COVID-19, with people increasingly choosing to purchase…
Grocery retailers continued to see dynamic growth in 2022, with the lifting of COVID-19 restrictions supporting economic activity and boosting consumer confidence. Furthermore, while many consumers remained price sensitive in 2022, spending was…
Chemists/pharmacies and drugstores/parapharmacies saw growth in outlet numbers accelerate significantly during the latter part of the review period as multiple large chains pursued aggressive expansion strategies in Ecuador. The most dynamic players…
Mixed retailers in Ecuador is dominated by department stores. This channel registered a steep double-digit decline in current value terms in 2020, as these outlets were forced to close during lockdown periods, and fear of contracting COVID-19 made…
While Ecuadorians have been using smartphones and other types of mobile devices to browse e-commerce websites and compare prices for several years, they have traditionally tended to use desktop PCs to make online purchases. However, since the…
Supermarkets experienced a spike in demand in 2020 as many Ecuadorians started consolidating grocery shopping trips to reduce potential exposure to COVID-19 and spent more time cooking and eating at home than usual due to social distancing, remote…
According to the Instituto Nacional de Estadisticas y Censos (INEC), consumer appliances and electronics experienced a reduction in prices over 2022, when compared to 2021. This was in part due to a normalisation of production thereby ensuring there…
Historically, online spending by Ecuadorians has been primarily focused on services and entertainment. However, consumption patterns in this area changed dramatically during the COVID-19 pandemic, with people increasingly choosing to purchase…
Retail in Ecuador posted strong growth in current value terms in 2022, building on the strong recovery posted the previous year. With COVID-19 fears subsiding and most of the remaining restrictions being lifted locals and foreign visitors were more…
After posting a steep decline in current value terms in 2020, traditional grocery retailers saw sales rebound strongly in 2021. As concerns about potential exposure to COVID-19 receded with the rollout of vaccines and a drop in community transmission…