The rate of growth in retail volume sales of headphones is projected to accelerate over the course of the forecast period, compared with 2023. The increasing ubiquity of smartphones and an anticipated economic rebound are set to play significant roles in this performance, alongside the persistence of work-from-home practices in many companies.
Having surged due to the exigencies of the COVID-19 pandemic in terms of consumer movement and retailing restrictions, e-commerce’s retail volume share is projected to continue to increase over 2023, albeit at a slower rate than in 2020. Importantly, local consumers have become more comfortable purchasing goods online, while selections widen and delivery services improve.
Like other categories of consumer electronics, headphones is the recipient of significant innovation and new product development, and this is anticipated to continue over the forecast period. Logitech G, the division specialising in developing the best products for gamers, won the Esport Award for Sports Hardware Provider of the Year in 2022.
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Understand the latest market trends and future growth opportunities for the Headphones 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 Headphones 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 category only covers products designed for retail sale and consumer usage. Products bundled for free as part of computers or mobile sales will be excluded. It includes Wireless Headbands, Wireless Earphones, and TWS earbuds. Headphones priced below US$100 are categorized as mass headphones. Headphones priced US$100 and above are categorized as premium headphones.See All of Our Definitions
This report originates from Passport, our Headphones research and analysis database.
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