Mexico Retail Sector Market
Mexico Retail Sector Market Size, Share &Trends Analysis Report by Product (Food and Beverage and Tobacco Products, Personal and Household Care, Apparel, Footwear, Accessories, Furniture, Toys, Industrial and Automotive, Electronic and Household Appliances, and Others), and by Distribution Channel (Hypermarkets and Supermarkets, Convenience Stores and Department Stores, Specialty Stores, Online, and Others) Forecast Period (2023-2030) Update Available - Forecast 2024-2030
The Mexico retail sector market is anticipated to grow at a considerable CAGR of 5.3% during the forecast period. The influx of numerous retail stores is notably driving the retail market growth in Mexico, although factors such as issues related to logistics and supply chain operations may hinder the market growth. With the noteworthy increase in the middle-class population over the past decade, vendors are also emphasizing non-urban locales to target untapped potential markets.
Segmental Outlook
The Mexico retail sector market is segmented based on the product, and distribution channel. Based on the product, the market is segmented into food, beverages, tobacco, personal and household care, apparel, footwear, accessories, furniture, toys, industrial and automotive, electronic and household appliances and others. Further, on the basis of distribution channel, the market is sub-segmented into hypermarkets and supermarkets, convenience stores and department stores, speciality stores, online and others. Among the product segment, the apparel sub-segment is expected to cater prominent market share over the forecast period owing to high growth in Mexico.
The Apparel Sub-Segment is Anticipated to Hold Prominent Share in the Mexico Retail Sector Market
Mexico is a key supplier of textiles and clothing to the US and sends a large proportion of its textile and clothing exports to the US. In the apparel sector, the women's and girls’ apparel segment holds the largest share. The expansion of the middle class, with young working consumers who follow trends and growth of cities, is contributing to the increasing number of shopping centers. Mexicans like to spend their free time at shopping centers, regardless of their social status. Over the last couple of years of the review period, the apparel and footwear industry saw the entrance of international brands. Fast fashion stood to be a factor behind this change. E-commerce in Mexico is booming, bringing new growth opportunities for the consumer goods and retail industries.
Market Players Outlook
The major companies serving the Mexico Retail Sector market include FEMSA ComercioSA, Coppel SA de CV, El Puerto de Liverpool, Walmart International, Carrefour, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in July 2022, Fomento Economico Mexicano, S.A.B. de C.V. (FEMSA), a leading retail and beverage company acquired Valora Holding AG (Valora).
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Key companies operating in the Mexico retail sector market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Key Strategy Analysis
4. Market Segmentation
4.1. Mexico Retail Sector Market by Product
4.1.1. Food and Beverage and Tobacco Products
4.1.2. Personal and Household Care
4.1.3. Apparel
4.1.4. Footwear
4.1.5. Accessories
4.1.6. Furniture
4.1.7. Toys
4.1.8. Industrial and Automotive
4.1.9. Electronic and Household Appliances
4.1.10. Others
4.2. Mexico Retail Sector Market by Distribution Channels
4.2.1. Hypermarkets and Supermarkets
4.2.2. Convenience Stores and Department Stores
4.2.3. Specialty Stores
4.2.4. Online
4.2.5. Other
5. Company Profiles
5.1. Auchan
5.2. Carrefour
5.3. Coppel SA de CV
5.4. Costco wholesale corp
5.5. El Palacio de Hierro
5.6. El Puerto de Liverpool
5.7. FEMSA Comercio SA
5.8. Grupo Carso SAB de CV
5.9. Heineken NV, La Comer SAB de CV
5.10. MercadoLibre S de RL de CV
5.11. Organization Soriana SA de
5.12. Sears Operadora Mexico SA De CV
5.13. Superama
5.14. Tiendas Soriana SA de CV
5.15. Walmart Inc.
1. MEXICO RETAIL SECTOR MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2022-2030 ($ MIL-LION)
2. GLOBAL MEXICO FOOD AND BEVERAGE AND TOBACCO PRODUCTS RETAIL MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
3. MEXICO PERSONAL AND HOUSEHOLD CARE RETAIL MARKET RESEARCH AND ANALYSIS BY RE-GION, 2022-2030 ($ MILLION)
4. MEXICO APPAREL RETAIL MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MIL-LION)
5. MEXICO FOOTWEAR RETAIL MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MIL-LION)
6. MEXICO ACCESSORIES RETAIL MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
7. MEXICO FURNITURE RETAIL MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MIL-LION)
8. MEXICO FURNITURE RETAIL MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MIL-LION)
9. MEXICO TOYS RETAIL MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
10. MEXICO INDUSTRIAL AND AUTOMOTIVE RETAIL MARKET RESEARCH AND ANALYSIS BY RE-GION, 2022-2030 ($ MILLION)
11. MEXICO ELECTRONIC AND HOUSEHOLD APPLIANCES RETAIL MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
12. MEXICO OTHERS RETAIL MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
13. MEXICO RETAIL SECTOR MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2022-2030 ($ MILLION)
14. MEXICO RETAIL IN HYPERMARKETS AND SUPERMARKETS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
15. MEXICO RETAIL IN CONVENIENCE STORES AND DEPARTMENT STORES MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
16. MEXICO RETAIL IN SPECIALTY STORES MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
17. MEXICO ONLINE RETAIL MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
18. MEXICO RETAIL IN OTHER MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MIL-LION)
1. MEXICO RETAIL SECTOR MARKET SHARE BY PRODUCT, 2022 VS 2030 (%)
2. MEXICO FOOD AND BEVERAGE AND TOBACCO PRODUCTS RETAIL MARKET SHARE BY RE-GION, 2022 VS 2030 (%)
3. MEXICO PERSONAL AND HOUSEHOLD CARE RETAIL MARKET SHARE BY REGION, 2022 VS 2030 (%)
4. MEXICO APPAREL RETAIL MARKET SHARE REGION, 2022 VS 2030 (%)
5. MEXICO FOOTWEAR RETAIL MARKET SHARE BY REGION, 2022 VS 2030 (%)
6. MEXICO ACCESSORIES RETAIL MARKET SHARE BY REGION, 2022 VS 2030 (%)
7. MEXICO HOBBY RETAIL MARKET SHARE BY REGION, 2022 VS 2030 (%)
8. MEXICO TOYS RETAIL MARKET SHARE BY REGION, 2022 VS 2030 (%)
9. MEXICO INDUSTRIAL AND AUTOMOTIVE RETAIL MARKET SHARE BY REGION, 2022 VS 2030 (%)
10. MEXICO ELECTRONIC AND HOUSEHOLD APPLIANCES RETAIL MARKET SHARE BY REGION, 2022 VS 2030 (%)
11. MEXICO RETAIL SECTOR MARKET SHARE BY DISTRIBUTION CHANNELS, 2022 VS 2030 (%)
12. MEXICO RETAIL SECTOR IN HYPERMARKETS AND SUPERMARKETS MARKET SHARE BY RE-GION, 2022 VS 2030 (%)
13. MEXICO RETAIL SECTOR IN CONVENIENCE STORES AND DEPARTMENT STORES MARKET SHARE BY REGION, 2022 VS 2030 (%)
14. MEXICO RETAIL SECTOR IN SPECIALTY STORES MARKET SHARE BY REGION, 2022 VS 2030 (%)
15. ONLINE MEXICO RETAIL SECTOR MARKET SHARE BY REGION, 2022 VS 2030 (%)
16. MEXICO OTHER RETAIL SECTOR MARKET SHARE BY REGION, 2022 VS 2030 (%)
