The increase in the consumption of sports footwear is an advantage for both international and national brands, with domestic players seeing a great demand for their products thanks to the better affordability of their prices and the value that local consumption has in the territory. Furthermore, the sports and exercise trends look set to continue as consumers pay more attention to their physical health, thus heralding ongoing opportunities for local players who manufacture sports footwear.
The relocation of production chains is a recurrent alternative taken by companies to reduce production and distribution costs, as well as a sustainable alternative to reduce CO2 emissions in the transportation of materials. Within this landscape, Mexico is beginning to appear as an attractive area thanks to its proximity to the United States, one of the world's leading markets.
Smuggling and piracy have long been challenges within Mexican commerce, but with the rise of sneaker collections from premium brands such as Nike, Dolce & Gabbana, Fendi, and Louis Vuitton, imitations, clones, and contraband have become an affordable alternative for consumers unable to purchase the original models, directly impacting formal commerce and the local market both. Previously, one had to go to informal markets such as Tepito or San Juan de Dios to get a pair of "pirate" sneakers.
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Understand the latest market trends and future growth opportunities for the Footwear industry in Mexico with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Footwear industry in Mexico, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
This is the aggregation of children's footwear, men's footwear and women's footwear. Includes all men’s, women’s and children’s outdoor and indoor shoes made of materials as leather, fabric or plastic. Outdoor shoes includes all dress shoes, trainers, sports shoes, sandals, boots, pumps, and high heels. Indoor shoes includes house-shoes and slippers. Items must be new when sold to the consumer; second-hand/used footwear is excluded. Antique and/or vintage footwear is also excluded. Sports footwear (broken out as a separate category) is included in total footwear figure. One pair of footwear constitutes one volume unit.See All of Our Definitions
This report originates from Passport, our Footwear research and analysis database.
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