Mexico

Mexico is undergoing a worrying shift towards increasing electricity output from fossil fuels. Environmental protection levels in the country are extremely disappointing, especially when it comes to protection of endangered species. Furthermore, ...

Budget Car Rental México underwent a brand renewal process towards the end of the review period and this focused mainly on improving customer services and the opening of new offices in several cities across the country. In addition, Budget moved into...

Very strong growth was registered in airlines in 2019 and much of this was accounted for by Mexico-based carriers. Indeed, airlines based in the country have been able to capture strong demand among a widening consumer segment, with local travellers ...

2018 and 2019 saw further increases in investment in the development and construction of hotels across Mexico. Among the major players in this respect were major hospitality groups and although investment was seen in hotels that cater to travellers ...

Expedia is increasingly focusing on offering Mexicans greater value in an effort to capture higher demand in a country where many people remain quite price-sensitive. The major international online intermediary launched Advantage Add On in mid-2018, ...

2019 saw further positive growth across Mexico’s travel industry as investment in the promotion of the country’s very attractive and highly diverse tourism offer resulted in increases in domestic and inbound tourism flows. Various destinations across...

Towards the end of the review period, several countries were engaged in explicit efforts to attract the attention of outbound Mexicans at a time of increasing outbound departures and outgoing tourist receipts. Among the countries that have recently ...

Uncertainty surrounding the renegotiation of the North American Free Trade Agreement (NAFTA) acted as a drag on economic growth in 2017, given Mexico’s enormous dependence on the USA for trade. This could be compounded in the short term by the ...

In-car navigation continued to suffer from the growing number and range of smartphone navigation apps. Government programmes have specifically focused on improving internet and cellular connectivity across the country making it very easy for ...

Mexican gamers continued to drive growth for desktops and laptops in 2019. These consumers continued to seek out desktops and laptops with higher specifications that could enable them to play their games. Mexico is considered one of the most ...

Home cinema and speaker systems remained relevant in Mexico in 2019 because few consumers can afford to purchase new televisions with the most sophisticated and superior sound systems. These high-end models are too expensive for many low- to ...

In Mexico, the most important communication channel in the country is television; based on IFT (Instituto Federal de Telecomunicaciones) data, 98% of Mexican homes have an average of two televisions. Mexican consumers use television to primarily ...

Penetration rates for smartphones continue to soar in Mexico and brands are developing more innovative products with improved camera functionality, which is having a significant impact on imaging devices. With more sophisticated cameras that capture ...

Ownership of smartphones in Mexico continued to soar during 2019 with penetration rates having more than doubled over the review period. The majority of consumers now use their smartphones to connect to the internet as well as using their handsets ...

Retail volume growth slowed in 2018 due to the renegotiation of the North American Free Trade Agreement (NAFTA) which impacted rules for the importing of consumer electronics. Furthermore, an unfavourable exchange rate resulted in price rises for ...

Wireless speakers continued to record dynamic growth in 2019, mainly boosted by the increase in online music services such as Spotify and Apple Music. Mexicans spend on average around three hours a day listening to music, with consumers increasingly ...

There is a growing interest in health and wellness in Mexico with consumers looking for new ways to improve their health, or to lose weight and improve their figure. This has resulted in an increase in the uptake of sport and fitness activities which...

Latin America is the fourth largest region globally for sales of laundry care, and is predicted to be the third fastest growing over 2018-2023. Difficult economic conditions in some markets over 2013-2018 restricted growth, but there are many ...

This report introduces Euromonitor International’s Country Risk Index as a tool for comparing macroeconomic risks across countries. The Country Risk Index provides an estimate of the expected decline in income levels or market sizes under adverse ...

The entry of new brands and players in the beer category over the review period is likely to encourage the more dynamic development of new products in the future. Small independent brewers are likely to launch innovations more frequently in an aim to...