The market is dominated by foreign suppliers, as imports account for 75.7% of total market size in 2022. Households drive market demand, with household spending representing 86.8% of total demand in 2022. Mexico has the largest market size for sports goods regionally, with demand reaching USD1.8 billion in 2022. Next Level in Sports SA de CV is the largest company in Mexico, generating 8.6% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 15.3% of total production value in 2022. The total number of companies increases in 2022, to 9,270 units. The costs of the industry increase by 28.7% in 2022, largely driven by rising B2B costs. The industry’s profitability increases and stands at 51.0% of production value in 2022, the highest regionally. The industry’s exports share increases in 2022 to 49.3% of total production output. With production value of USD645 million, Mexico accounts for 30.8% of the Latin America total in 2022.
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This Euromonitor industrial report provides unique information on Sports Goods in Mexico: ISIC 3693. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Sports Goods in Mexico: ISIC 3693 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Household Goods is an aggregation of Furniture, Jewellery and Related Articles, Musical Instruments; Imitation Jewellery, Brushes and Other Personal Items, Sports Goods, Toys and Games, Watches and Clocks.
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