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.
Overview of the leading direct selling companies in Ecuador
1. Herbalife
Country: USA
Website: www.herbalife.com
Top Earners: 10
Products & Services: Personal Care & Wellness,Food & Beverage, Cosmetics
Founder: Mark R. Hughes
CEO: Michael O. Johnson
Year Founded : 1980
Headquarters : Los Angeles, California, USA
Achievements:
- Ranked #3 in DSN Global 100 2024
- Achieves Guinness World Records™ Title with 2024 Global Workout Event
- Recipient of the Direct Selling Association's Excellence in Business Award
2. Young Living
Country: USA
Website: www.youngliving.com/
Top Earners: 72
Products & Services: Cosmetics, Essential Oils, Haircare, Health/Fitness/Wellness, Nutritional Supplements, Personal Care
Founder: Donald Gary Young
CEO: Mary Young
Year Founded : 1993
Headquarters : Lehi, Utah, USA
Achievements:
- Awarded the Direct Selling Association (DSA) Award for Excellence in the Sales and Marketing Campaign category
- Recognized with the 2023 Green Business Award
- Honored with the GOLD STEVIE® Company of the Year Award 2022 by the International Business Awards
3. Oriflame
Country: Sweden
Website: www.oriflame.com/
Top Earners: NA
Products & Services: Beauty and personal care products
Founder: Jonas af Jochnick , Robert af Jochnick
CEO: Anna Malmhake
Year Founded : 1967
Headquarters : Schaffhausen, Switzerland, Europe
Achievements:
- Ranked #19 in DSN Global 100 2024
4. Belcorp
Country: Peru
Website: www.belcorp.biz
Top Earners: 10
Products & Services: Beauty products
Founder: Eduardo Belmont Anderson
CEO: Érika Herrero
Year Founded : 1968
Headquarters : Av. Pardo y Aliaga 652, San Isidro, Lima, Peru
Achievements:
- Ranked #4 in 2024 DSN Global 100
- Received the CIO 100 Award for IT Excellence for leveraging AI and analytics
5. Omnilife
Country: Mexico
Website: https://portal.omnilife.com/
Top Earners: NA
Products & Services: Cosmetics, Personal Care
Founder: Jorge Carlos Vergara Madrigal
CEO: Deian Jones
Year Founded : 1991
Headquarters : Av. England 3089 I, Guadalajara, Jalisco, Mexico, USA
Achievements:
- Ranked #21 in 2024 DSN Global 100
- Recognized as the Winner of the 2022 Lyfebulb-CVS Kidney Care® Innovation Challenge
6. Yanbal International
Country: Peru
Website: www.yanbal.com/
Top Earners: 1
Products & Services: Cosmetics, Beauty Products, Jewelry
Founder: Juan Fernando Belmont Anderson
CEO: Janine Belmont
Year Founded : 1967
Headquarters : NA
Achievements: NA
7. Nature's Sunshine
Country: USA
Website: www.naturessunshine.com/
Top Earners: 11
Products & Services: Dietary supplements and Personal Care
Founder: Gene and Kristine Hughes
CEO: Terrence Moorehead
Year Founded : 1972
Headquarters : Lehi, Utah, USA
Achievements:
- Ranked #27 in DSN Global 100 2024
- Awarded with Comparably Awards for Best Leadership Team and Best Career Growth
8. Tiens
Country: China
Website: www.tiens.com/
Top Earners: NA
Products & Services: Health, Beauty and Skincare, Personal Care
Founder: Li Jinyuan
CEO: Li Jinyuan
Year Founded : 1995
Headquarters : Tianjin, China
Achievements:
- Honored with the "Influential Person of the Year 2024" Award
9. 4LIFE
Country: USA
Website: www.4life.com
Top Earners: 2
Products & Services: Health/Fitness/Wellness, Nutritional Supplements
Founder: David and Bianca Lisonbee
CEO: Danny Lee
Year Founded : 1998
Headquarters : Sandy, Utah, United States
Achievements:
- Awarded Best Longevity & Immune System Company 2024
- Won Grand Globee Award 2023
10. Hinode Cosméticos
Country: Brazil
Website: www.hinode.com.br/
Top Earners: 4
Products & Services: Perfumes, Cosmetics, Personal Care, Hair Care, Wellness
Founder: Francisco & Adelaide Rodrigues
CEO: Sandro Rodrigues
Year Founded : 1988
Headquarters : Barueri, Sao Paulo, Brazil .
Achievements:
- Ranked #54 in DSN Global 100 2024
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%.
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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.
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