Venezuela

Market research on consumer products, commercial industries, demographics trends and consumer lifestyles in Venezuela. Includes comprehensive data and analysis, tables and charts, with five-year forecasts.

Venezuela StatisticsConsumer Lifestyles in VenezuelaVenezuela Country BriefingsFuture Demographics: Venezuela in 2030

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    Latin America: Regional Profile

    Jun 2020

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

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    Country Briefing

    Country Briefing

    Households: Venezuela

    May 2020

    Global shifts in gender, ageing, migration, housing and education are transforming the size, location and general make-up of households around the globe, with diverse implications for governments and companies. Households insights can help identify ...

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    Country Briefing

    Country Briefing

    Sustainability: Venezuela

    Apr 2020

    The landscape in which businesses operate has an impact on the supply chains and regulatory matters while offering scope for innovation and new ways of doing business. Insights on key sectors directly related to the environmental sustainability of a ...

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    Country Profile

    Country Profile

    Venezuela: Country Profile

    Apr 2020

    Venezuela’s economy will contract again in 2019. Hyperinflation and severe structural weaknesses are only part of the reason for the continuing decline. Cash shortages, power shortages and the suspension of lending by Chinese banks are other ...

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    Strategy Briefing

    Strategy Briefing

    Business Dynamics in Latin America

    Apr 2020

    Latin America has great potential for investment, yet still faces severe issues with government instability, widespread corruption and terrorism. The region also has high tax rates deterring potential investment, however, continues improving systems ...

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    Country Briefing

    Country Briefing

    Business Dynamics: Venezuela

    Jan 2020

    A stable and competitive business environment is vital to operate efficiently and attract inward investment. Businesses can assess these factors alongside challenges such as corruption, political instability and terrorism to understand the strengths ...

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    Country Briefing

    Country Briefing

    Economy, Finance and Trade: Venezuela

    Dec 2019

    Understanding the structure and health of an economy are important for decision-making within an existing operating environment as well as for expansion strategies. Real GDP growth, inflation and exchange rate fluctuations will directly impact ...

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    Country Briefing

    Country Briefing

    Income and Expenditure: Venezuela

    Oct 2019

    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 or household type ...

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    Future Demographic

    Future Demographic

    Venezuela in 2030: The Future Demographic

    Aug 2019

    Rapid population growth in Venezuela up to 2030 will be driven by positive, albeit declining, natural change. While the ageing trend is set to hasten, comparatively high birth and fertility rates and low life expectancy mean that Venezuela will ...

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    Strategy Briefing

    Strategy Briefing

    Laundry Care in Latin America

    Aug 2019

    Latin America is the fourth largest region globally for sales of laundry care, and is predicted to be the third fastest growing over 2018-2023. Difficult economic conditions in some markets over 2013-2018 restricted growth, but there are many ...

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    Strategy Briefing

    Strategy Briefing

    Digital Landscape in Latin America

    Jun 2019

    Digital development in Latin America will bring new possibilities to the region and increase connectivity for most countries, but the region as a whole still has work to do to improve, lagging behind more developed regions and taking advantage of the...

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    Strategy Briefing

    Strategy Briefing

    Major Appliances in Latin America

    Jun 2019

    Despite social, economic and political turbulence during the review period, sales of major appliances in Latin America returned to growth in 2018, with further growth expected in the near future. Much depends on Brazil, which, given the size of the ...

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    Strategy Briefing

    Strategy Briefing

    Pharmaceuticals and Medical Equipment Global Industry Overview

    Mar 2019

    Growth of the global pharmaceuticals and medical equipment industry accelerated in 2018 on the back of strong performance of companies within Asia Pacific and Western Europe. Lucrative Asian markets, surging biologics production, and investment into ...

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    Strategy Briefing

    Strategy Briefing

    Spirits in Latin America

    Mar 2019

    With over 40% of the region’s volumes, Brazil is the key market for spirits in Latin America. A severe recession in Brazil hampered growth in the region over the review period. This has been countered by other markets, notably Mexico, meaning volumes...

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    Country Report

    Country Report

    Air Treatment Products in Venezuela

    Feb 2019

    Air treatment products has seen a further decline in retail volume terms in 2018, continuing the negative performance seen throughout the review period. Shortages of foreign exchange prevented a continuous presence of recognisable brands, while ...

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    Country Report

    Country Report

    Dishwashers in Venezuela

    Feb 2019

    To maximise sales, companies are more inclined to import essential consumer appliances such as large cooking appliances, washing machines and fridges and as a result are neglecting dishwashers. In 2017, retailers had almost no units on sale, because ...

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    Country Report

    Country Report

    Food Preparation Appliances in Venezuela

    Feb 2019

    Due to tighter household budgets consumers are taking greater care of their food preparation appliances, in particular blenders, carrying out maintenance and looking for technical support. During the review period, there has been evidence of ...

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    Country Report

    Country Report

    Home Laundry Appliances in Venezuela

    Feb 2019

    As long as the current economic model remains unchanged the government is expected to continue exercising a monopoly on imports with it restricting access to foreign currency for importers and manufacturers. Furthermore, it maintains an oversight on ...

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    Country Report

    Country Report

    Large Cooking Appliances in Venezuela

    Feb 2019

    According to industry representatives, the retail volume decline seen in large cooking appliances in 2018 is being driven by lower demand due to tightening household budgets. Venezuelan households are having to dedicate more of their income to ...

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    Country Report

    Country Report

    Microwaves in Venezuela

    Feb 2019

    Microwaves has the potential for growth in urban centres, where lifestyles are more hectic than in rural areas where cookers and wood stoves are still present. Dynamic lifestyles have changed the habits of Venezuelan consumers, who have embraced ...

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