DISTRIBUTION COUNTRIES

The luxury consumer market in Nicaragua is thriving, with projected revenue of US$51.39 million in 2024 and an annual growth rate of 0.37%. Despite challenges, the industry is expected to develop further in the medium-term (2024-2029), driven by economic rebound, increasing demand, and evolving consumer preferences, offering opportunities for luxury brands.

Luxury lifestyle market in Costa Rica is experiencing significant growth and
thriving. The market is expected to have an annual growth rate of 2.23% from
2024 to 2028, with Luxury Fashion being the largest segment. Additionally, the revenue in the luxury goods market is forecasted to increase by 9.24% between 2024 and 2028, totaling 23.9 million U.S. dollars

The luxury consumer market in El Salvador is on an upward trajectory, with an anticipated annual growth rate of 2.17% from 2024 to 2028. The largest segment in this market is Prestige Cosmetics & Fragrances, showing promising growth opportunities Revenue in the luxury goods market is projected to increase by 11.62% between 2023 and 2028, totaling 12.5 million U.S. dollars.

Honduras’ luxury market is experiencing growth and prosperity, with an average
economic growth rate of 3.8% prior to COVID-19. Honduras boasts the second-highest trade-to-GDP ratio in Central America, indicating a favorable environment for luxury goods. Additionally, the market is showing positive signs of development and increasing consumer interest in luxury products.