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Country Report

Luxury Portable Consumer Electronics in

Luxury Portable Consumer Electronics in Mexico

Jan 2021

US$990

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Executive Summary

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

2020 IMPACT

The closure of physical stores leads to lower sales during the pandemic

Luxury portable consumer electronics consists almost exclusively of luxury wearables in Mexico. These products appeared in the country in 2017 and have enjoyed strong growth ever since.

E-commerce sales of luxury wearables do not benefit to the same extent as other luxury goods

The e-commerce share of sales of luxury portable consumer electronics remained in single figures in 2019, despite strong growth rates. Although this increased to a double-digit share in 2020, the channel did not witness the explosion in growth enjoyed in some other luxury goods.

Luxury mobile phones remains negligible

Sales of luxury mobile phones remain negligible in Mexico. Consumers tend to prefer standard technology, which is updated regularly by all the major players.

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Overview

Why buy this report?

Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.

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Files are delivered directly into your account within a few minutes of purchase.

Overview

Discover the latest market trends and uncover sources of future market growth for the Luxury Portable Consumer Electronics industry in Mexico with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Luxury Portable Consumer Electronics industry in Mexico, our research will save you time and money while empowering you to make informed, profitable decisions.

The Luxury Portable Consumer Electronics in Mexico market research report includes:

Analysis of key supply-side and demand trends
Detailed segmentation of international and local products
Historic volumes and values, company and brand market shares
Five year forecasts of market trends and market growth
Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

What is the market size of Luxury Portable Consumer Electronics in Mexico?
What are the major brands in Mexico?
How dynamic is the growth of Luxury Portable Consumer Electronics internet sales?
What is driving growth?

Why buy this report?

Gain competitive intelligence about market leaders
Track key industry trends, opportunities and threats
Inform your marketing, brand, strategy and market development, sales and supply function

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Luxury Portable Consumer Electronics in Mexico - Category analysis

KEY DATA FINDINGS

2020 IMPACT

The closure of physical stores leads to lower sales during the pandemic

E-commerce sales of luxury wearables do not benefit to the same extent as other luxury goods

Luxury mobile phones remains negligible

RECOVERY AND OPPORTUNITIES

A rapid return to strong growth

Some consumers may opt for standard products

E-commerce may take some time to take a major share

CATEGORY DATA

Table 1 Sales of Luxury Portable Consumer Electronics by Category: Value 2015-2020
Table 2 Sales of Luxury Portable Consumer Electronics by Category: % Value Growth 2015-2020
Table 3 NBO Company Shares of Luxury Portable Consumer Electronics: % Value 2015-2019
Table 4 LBN Brand Shares of Luxury Portable Consumer Electronics: % Value 2016-2019
Table 5 Distribution of Luxury Portable Consumer Electronics by Format: % Value 2015-2020
Table 6 Forecast Sales of Luxury Portable Consumer Electronics by Category: Value 2020-2025
Table 7 Forecast Sales of Luxury Portable Consumer Electronics by Category: % Value Growth 2020-2025

Luxury Goods in Mexico - Industry Overview

EXECUTIVE SUMMARY

COVID-19 impact on luxury goods

COVID-19 country impact

Company response

Retailing shift

What next for luxury goods?

MARKET INDICATORS

Table 8 Number of High Net Worth Individuals (HNWI): 2015-2020

MARKET DATA

Table 9 Sales of Luxury Goods by Category: Value 2015-2020
Table 10 Sales of Luxury Goods by Category: % Value Growth 2015-2020
Table 11 Inbound Receipts for Luxury Goods by Country of Origin: Value 2015-2020
Table 12 NBO Company Shares of Luxury Goods: % Value 2015-2019
Table 13 LBN Brand Shares of Luxury Goods: % Value 2016-2019
Table 14 Distribution of Luxury Goods by Format and Category: % Value 2020
Table 15 Forecast Sales of Luxury Goods by Category: Value 2020-2025
Table 16 Forecast Sales of Luxury Goods by Category: % Value Growth 2020-2025

Megatrends

Country Report

Luxury Portable Consumer Electronics in Mexico

New Report Guarantee

Executive Summary

New Report Guarantee

2020 IMPACT

The closure of physical stores leads to lower sales during the pandemic

E-commerce sales of luxury wearables do not benefit to the same extent as other luxury goods

Luxury mobile phones remains negligible

Overview

Why buy this report?

Samples (FAQs about samples):

Want to find out more about this report?

Table of Contents

Luxury Portable Consumer Electronics in Mexico - Category analysis

KEY DATA FINDINGS

2020 IMPACT

The closure of physical stores leads to lower sales during the pandemic

E-commerce sales of luxury wearables do not benefit to the same extent as other luxury goods

Luxury mobile phones remains negligible

RECOVERY AND OPPORTUNITIES

A rapid return to strong growth

Some consumers may opt for standard products

E-commerce may take some time to take a major share

CATEGORY DATA

Luxury Goods in Mexico - Industry Overview

EXECUTIVE SUMMARY

COVID-19 impact on luxury goods

COVID-19 country impact

Company response

Retailing shift

What next for luxury goods?

MARKET INDICATORS

MARKET DATA

DISCLAIMER

GLOBAL MACROECONOMIC ENVIRONMENT

GLOBAL INDUSTRY ENVIRONMENT

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