Mexico

As of May 2020, Euromonitor International has further downgraded the baseline global real GDP growth forecast for 2020 to a range of -4.0% to -1.5. Advanced economies are expected to be the hardest hit in this recession, with their economic activity ...

Until recently, the remote environment was the sole focus of companies involved in digital commerce in Mexico. However, now that the remote environment has reached a certain level of development and maturity, attention is turning towards the ...

Recent years have seen very strong growth in consumer interest in online streaming services in Mexico. YouTube in particular has become very popular and the video streaming social media platform has now surpassed Facebook in terms of usage. ...

At the end of the review period, Mexico’s digital consumer market remained underdeveloped, including in comparison with some other Latin American countries. Although the country’s telecom operators are looking to the future with 5G mobile internet ...

Pet care continues to see good growth in Mexico, with overall sales being boosted by an increase in demand for dog food, followed by cat food. However, pet care players view this performance with caution. There is a degree of uncertainty in the ...

Economic and political uncertainty continues to limit growth within pet products, with many pet owners prioritising essential items such as food and cleaning products rather than toys and accessories. Nevertheless, the ongoing expansion of ...

Economic and political uncertainty have impacted the performance of dog food recently in Mexico, with consumers shifting towards more affordable brands or mixing different types of dry food, thus driving interest in economy brands....

Small mammals and birds are attractive options for two main consumer segments, children and elderly people, as they require less care than dogs or cats. They also offer greater interaction with their owners compared with fish and some reptiles. ...

Sales of cat food are growing faster than within dog food in Mexico. Cats are being given more attention from their owners and people who are looking to get a new pet, thus boosting consumption of cat food and treats. Cats are more suitable for ...

Mexican households enjoyed one of the highest median disposable incomes in Latin America in 2019; however income levels are projected to shrink notably over 2020 as a result of the crisis triggered by the COVID-19 pandemic. Moreover, high ...

Based on data from Asociación Mexicana de Profesionales Inmobiliarios (AMPI), the residential sector is one the most important parts of the construction industry in Mexico. The industry continues growing, albeit at a slower rate, which is providing ...

Home improvement continued to record a positive performance in all its categories, in spite of the negative construction rates during 2019 and economic deceleration. Because of the previous good years in the construction industry as well as foreign ...

In recent years, Mexican consumers have been getting more worried about their health and eating habits. Some consumers are trying to lead a better life by consuming food with more nutritional ingredients to maintain a healthy diet and because of that...

The positive performance in the construction industry in 2018, with many residential projects being developed, helped home and garden to record growth in this year. More residential complexes, ie houses and apartments, continued to appear in the most...

“Do it for me” continues to be popular in Mexico – because of the cheap hourly labour rates, it is more common to pay for someone to take care of the garden, in addition to the fact that some people do not have the time to carry out such activities ...

Full-service restaurants experienced a strong performance in 2019 despite unsettling economic conditions. Many Mexicans appreciate the personal service provided by staff including the initial reception they receive to recommendations by their waiter,...

Consumer foodservice players, particularly those operating restaurants, are having to become increasingly innovative when selecting locations in which to open new outlets. As local consumers are becoming more demanding in terms of where and what they...

Limited-service restaurants recorded a positive performance in 2019, driven by an increasing number of players within the Asian, pizza and burger categories offering accessible pricing strategies and promotional bundles to attract less affluent ...

Sales through self-service cafeteria continued to see negligible sales in Mexico in 2019 and there are no signs that this situation will change over the forecast period....

In line with growing sustainability concerns amongst local environmentally-aware consumers in addition to new legislation regarding the ban of single-use plastic such as straws in eight of the country’s states, cafés/bars, like many restaurants, are ...