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June 30, 2015

El Bachaqueo and the Striving Venezuelan Black Market for Tissue and Hygiene Products

Adriana RangelAnalyst Insight by Adriana Rangel - Contributing Analyst

The term bachaquero derives from the word bachaco, a large ant common to the Amazon region of South America. It refers to the leafcutters - hard workers, carrying loads on their backs day and night in order to build their nests. For some years now, this term has been used to describe people who have illegally passed through border controls in the Venezuelan states of Zulia and Táchira, without declaring anything, in order to sell goods at a higher price in Colombia. Similar to a colony of bachaco ants, an increasing number of Venezuelans are working together in purchasing and stockpiling scarce, price-controlled items, and then loading them up, in a seemingly uninterrupted march towards the border, in order to resell them for a profit. 

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June 29, 2015

Challenges for Amazon in Mexico

Amanda BoulierAnalyst Insight by Amanda Boulier - Research Analyst

View Amanda Boulier's profile on LinkedIn

With a distribution centre reportedly bought and several high profile hires made, evidence is mounting that Amazon is preparing to launch full e-commerce operations in Mexico in the coming months, despite the absence of an official announcement. Amazon has surely learned a lot about international expansion into emerging markets from its experiences in India and China, but Mexico still presents a number of challenges, such as payments, delivery and brand awareness, that Amazon will need to overcome for a smooth entry into Latin America.

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June 26, 2015

How Do Latin America’s Domestic Workers Influence the Home Care Market?

Rob WalkerAnalyst Insight by Rob Walker - Contributing Analyst

View Rob Walker's profile on LinkedIn

There are nearly 20 million domestic workers in Latin America, according to the International Labour Organisation, which is five times more than in the whole of Western Europe and North America combined. Mostly they are women. In fact, one in every four women earning a wage in Latin America is a domestic worker. But, what is their impact on the region’s home care market? After all, at the core of their remit is cleaning houses.

Increased demand for convenience products

Unsurprisingly, their influence on home care sales is huge and far-reaching. It is felt not only in the work they do, but also, increasingly, in the work they do not do, or have stopped doing. Indeed, although the number of domestic workers is still very high in Latin America, the big change over recent years has been the drop in the number of domestic workers employed on a full-time basis.

Consider, for example, that salaries paid to domestic workers in Brazil have risen faster than any other profession over the last decade, reflecting hikes in the minimum wage coupled with new and more enforceable legal rights to benefits such as overtime and severance pay. One of the side-effects is that fewer middle-class Brazilians can afford to employ domestic workers (empregadas) on a full-time basis. For example, an empregada who works 12 hours a day for five days a week now has the legal right to claim 20 hours of overtime (four hours per day). This has pushed up wages dramatically.

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June 20, 2015

The Global Picture of Migration in 2030

Emi_netMigration-v1.2

Migration trends have a big impact on future patterns in consumer spending. Singapore, Australia and Qatar are set to experience the biggest net immigration rates in 2030 at 8.9, 8.0 and 7.4 per 1000 population. This is due to these countries having attractive business environments, and high wages per hour. Poor countries in Eastern Europe and Latin America with few employment prospects will see the highest migration rates in 2030, with Kosovo the highest globally at -23.6 per 1000 population.

Download "Marketing to the ASEAN Consumer" to learn more

 

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Euromonitor to present at Cleaning Products Latin America – São Paulo

CPLA_final1Event: Cleaning Products Latin America 2015

Date: 2015, June 23-25

Presentation: Wednesday (24) at 3pm, Hotel Pullman São Paulo Ibirapuera

About the event: This June, global leaders from across the cleaning products industry will come together in Sao Paulo, Brazil for Cleaning Products Latin America. With support from the Brazilian Cleaning Products Industry Association, Smithers Apex brings this new addition in  the  Cleaning Products Conference series after 15 years of highly attended conferences in Europe and the United States with sold out exhibition halls. The growth of Cleaning Products Latin America reflects the emerging cleaning products market, the growing global marketplace and the demand from local attendees. 

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June 17, 2015

¿Cuál será el impacto económico de la Copa América en Chile?

El pasado 11 de junio dio inicio la Copa América, uno de los eventos deportivos más esperados en América del Sur y que tiene como anfitrión este año a Chile, país que actualmente se enfrente a una desaceleración económica. ¿ Tendrá la Copa América algún impacto significativo en la economía chilena? En este vídeo, Andrés Musalem, Research Associate en Euromontior International presenta los sectores que se espera reciban un empuje gracias a la Copa América y otros que, se podría esperar que fueran beneficiados pero que no verán grandes cambios. Mira el vídeo completo para más información.

June 4, 2015

¡No te pierdas nuestra presentación en la XXXVI Convención Anual de CANIPEC!

Logo-Convencion-CANIPEC

Nombre del evento: XXXVI Convención Anual de CANIPEC 
Fecha: 10 al 13 de junio, 2015
 
Día, fecha y hora de nuestra presentación:  Jueves 11 de junio de 110:10 a 11:40 am, Hotel Las Brisas Huatulco, Oaxaca, México

Acerca del evento:  Dar a conocer los temas y proyectos que influyen o influirán en un futuro próximo en las actividades de las empresas del sector cosmético y de aseo. Al mismo tiempo se busca generar una agenda de colaboración con autoridades, representantes de organismos empresariales nacionales e internacionales a favor de mejorar el ambiente de negocios y competitividad del sector.

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June 2, 2015

LATAM Airline's Strategic Objectives and Challenges

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This podcast examines the performance and future strategies for LATAM Airlines based on the recently released Q1 results statement. Memership in the OneWorld Alliance will help the company strengthen it's international network, giving it strength beyond being the leading regional player.  Additionally, updating its fleet of aircraft will help move the company into a more competitive position.  Listen to the podcast for complete insights.

Continue reading "LATAM Airline's Strategic Objectives and Challenges" »

June 1, 2015

Sustainable Tourism in the Caribbean

Authorities in the Caribbean have been encouraging tourism companies to adopt sustainable practices in an effort to preserve the fragile ecosystems which draw tourists to the tropical countries. At the same time, many major hotel brands are looking to expand their investment there with new construction.  It will be a struggle for these economies to balance these interests.  Watch the video for complete insights.

Video features Fernando Cruz - Research Analyst

India Resists the BRIC Slowdown

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View Sarah Boumphrey's profile on LinkedIn

This year India is expected to grow faster than China. Behind this trend we can see several key economic and social trends which place India at an advantage vis-à-vis its BRIC counterparts. Added to which, the very fact that it is growing from a low base across many indicators gives it an edge - if it can capitalise on the catch-up effect.

Real GDP Growth in BRIC: 2010-2015

BRIC GDP

Source: Euromonitor International from national statistics/Eurostat/OECD/UN/IMF

Note: Data for 2015 are forecast

 

Continue reading "India Resists the BRIC Slowdown" »

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Recent Posts

El Bachaqueo and the Striving Venezuelan Black Market for Tissue and Hygiene Products

Challenges for Amazon in Mexico

How Do Latin America’s Domestic Workers Influence the Home Care Market?

The Global Picture of Migration in 2030

Euromonitor to present at Cleaning Products Latin America – São Paulo

¿Cuál será el impacto económico de la Copa América en Chile?

¡No te pierdas nuestra presentación en la XXXVI Convención Anual de CANIPEC!

LATAM Airline's Strategic Objectives and Challenges

Sustainable Tourism in the Caribbean

India Resists the BRIC Slowdown