Home to the Amazon jungle, Andean highlands and the Galápagos Islands, this South American country is widely known for its Spanish colonial culture and skillful artisans. It has one of the largest South American markets in the city of Otavalo which is renowned for its beautiful woven clothes, tapestries and jewelries. Ecuador is well known for its biodiversity and geographic location.
No wonder this country bustling with tourists has also attracted many popular MLM companies in the world, Herbalife, Young Living, Oriflame and Belcorp to name a few. Ecuador direct sales market has companies with South American origin such as Belcorp, Omnilife, Yanbal International and Hinode Cosméticos.
Top MLM companies in Ecuador is regulated by the Ecuadorian Association of Direct Selling Companies (AEVED). The organization oversees the operations of MLM companies in the Ecuador direct selling market.
Top MLM companies in Ecuador direct selling industry 2024
The table below highlights the top MLM companies reigning the Ecuador direct sales market with an overview of their year-over-year revenue and growth rate.
# | Company | Country | Revenue 2023 (in million USD) |
Revenue 2022 (in million USD) |
Growth Rate | Year Founded |
---|---|---|---|---|---|---|
1 | Herbalife | USA | 5,100 | 5,200 | -2% | 1980 |
2 | Young Living | USA | 2,000 | 2,000 | 0% | 1993 |
3 | Oriflame | Sweden | 811 | 989 | -18% | 1967 |
4 | Belcorp | Peru | 780 | 780 | 0% | 1968 |
5 | Omnilife | Mexico | 633 | 584 | 8% | 1991 |
6 | Yanbal International | Peru | 536 | 536 | 0% | 1967 |
7 | Nature's Sunshine | USA | 445 | 422 | 5% | 1972 |
8 | Tiens | China | 435 | 435 | 0% | 1995 |
9 | 4Life | USA | 341 | 341 | 0% | 1998 |
10 | Hinode Cosméticos | Brazil | 149 | 206 | -28% | 1988 |
11 | Nikken | USA | 49 | 49 | 0% | 1975 |
©
Epixel MLM Software
Source - Direct Sales Association of Ecuador
Data updated in December 2024
*The above list is subject to market changes and modifications.
Explore the growth insights and interesting facts of top MLM companies worldwide and fuel up your MLM journey.
Direct sales in Ecuador
Ecuador is one of the high potential market in the Americas classified under high penetration direct sales markets worldwide. Ecuador ranks at #5 among the top high penetration markets at the rate of 0.752%. Ecuador is also among the top 10 American markets and generated a retail sales revenue of $904 million in 2023 (WFDSA). While many of the direct sales markets in Americas suffered a decline in 2023, Ecuador marked a growth rate of +2.6% with a 3-year CAGR of +0.6%.
Discover how we build resilient businesses with advanced MLM functionalities
MLM companies in Ecuador is contributing fairly well to the growth of the direct selling sector in the country. The top MLM companies in Ecuador belong to the MLM health and wellness and beauty and cosmetics industry. This probably indicates the trend and customer preferences in the region. Let’s hope to see many more diverse product lines venturing into the Ecuador direct sales market in the near future.
Disclaimer: Epixel neither promotes nor supports any of the companies mentioned in this article nor their products or services. The facts published here are represented as reported in the direct selling industry. The facts don't reflect our priorities. The article was compiled based on available resources and does not represent special mentions or priorities to organizations, persons, or products.
MLM Growth Tools
Lead Generation
Generate the right leads, the right way. And convert them in your own way.
Distributor Engagement
Build trust. Create the bond. Seamless distributor engagement and beyond.
Team Building
Collaborate your efforts to build resourceful and productive teams.
Leave your comment
Fill up and remark your valuable comment.