Households drive market demand, with household spending representing 99.8% of total demand in 2020. Grupo Gayosso SA de CV is the largest company in Mexico, generating 19.8% of the industry’s total turnover in 2020. The industry is fragmented, with the top five companies generating 26.9% of total turnover in 2020. The total number of companies increases in 2020, to 9,598 units. The costs of the industry decrease by 13.8% in 2020, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 27.1% of turnover in 2020, the highest in the region. With turnover of USD430 million, Mexico accounts for 12.0% of the Latin America total in 2020.
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This Euromonitor industrial report provides unique information on Funeral and Related Services in Mexico: ISIC 9303. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Funeral and Related Services in Mexico: ISIC 9303 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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