Mexico

Having slowed significantly during the pandemic, the rate of growth in both the number and value of debit card transactions accelerated during 2021. This acceleration was driven by an economic rebound as COVID-19 restrictions were eased, which…

Inflationary pressures are observed in price increases throughout sweet spreads, and this has slowed down growth as price-sensitive consumers prioritise other, more essential, food products.

Edible oils are observing notable price increases in 2022, with some brands reported as being up-to-100% during the year. This situation comes from the myriad challenges being faced by companies, including increases in manufacturing and logistics…

Overall demand for baby food in Mexico is predicted to see further growth in 2022, as parents return to workplaces. Rising unit prices, resulting in much higher current value growth compared to volume, could however, impact price-sensitive consumers.…

During the Coronavirus (COVID-19) pandemic Mexico used a traffic light system to identify the level of COVID-19 spread in each state. This system dictated the level of restrictions required to be put in place in the particular state. For instance,…

Delivery app providers are looking to develop super apps to enable consumers to fulfil their travel needs, from booking trips and flights to hotels. For example, Rappi, the popular delivery app, has developed its offer with RappiTravel, through which…

Retail volume sales of home video will return to growth during 2022. There continues to be a sharp divergence between the performance of televisions and video players, with strong growth in demand for LCD TVs and OLED TVs being almost offset by a…

During 2021, most of the distribution channels that spectacles rely on for sales, such as optical goods stores, were able to reopen and many consumers once again visited these stores in order to have their eyes checked after many stayed away during…

Having plunged by more than a fifth during 2020, retail constant value sales (2021 prices) of sun care rebounded during 2021 but remained well below their pre-pandemic level. During 2020, travel restrictions depressed the need or inclination to buy…

Oral care has been among the most stable categories in beauty and personal care in the face of the pandemic. Even before the onset of COVID-19, retail constant value sales (2021 prices) of oral care had been in decline, and this trend continued…

Having plunged by more than a fifth during 2020, retail constant value sales (2021 prices) of colour cosmetics saw no more than an anaemic recovery in 2021. Demand for lip products (the largest category in colour cosmetics) and colour cosmetics…

Hypermarkets continue to struggle in Mexico amid increasingly fierce competition, particularly from discounters. Even prior to the onset of the pandemic, the retail constant value sales (2021 prices) of hypermarkets had been in decline, with…

The rate of growth in retail constant value sales (2021 prices) of homeshopping accelerated during 2020, before exhibiting a slight decline in 2021. As the COVID-19 pandemic raged across the nation in 2020, many Mexican consumers actively sought to…

Having plunged by more than a fifth during 2020 due to COVID-19 restrictions, the retail constant value sales (2021 prices) of department stores rebounded strongly in 2021, exceeding their pre-pandemic peak. The fact that the number of department…

Dishwashing has particularly benefited from the home seclusion trend resulting from the pandemic and subsequent restrictions introduced by the government in an attempt to control the spread of the virus. Remote working and learning in addition to…

Retail current value sales of hosiery declined by a fifth in 2020 and rebounded only partially during 2021. Like all other apparel categories, sales were negatively impacted by the closure of non-essential retailers during the COVID-19 lockdown. The…

In 2022, sports drinks in Mexico benefited from the country’s vaccination efforts and the fuller resumption of out-of-home exercise and sports activities as the threat of Coronavirus (COVID-19) faded over the year. The ongoing roll-out of the…

Off-trade volume and current value sales of soft drinks are set to see positive growth in all categories over 2022. Sales benefited as consumers resumed pre-Coronavirus (COVID-19) activities and lifestyles, spending more time out-of-home after the…

RTD tea is projected to see healthy off-trade volume and current value growth over 2022, to continue the category’s recovery from the decline registered in 2020, in the wake of the Coronavirus (COVID-19) pandemic in Mexico. Regular still RTD tea…

On-trade volume sales of carbonates plummeted in 2020 following the outbreak of Coronavirus (COVID-19), with on-trade establishments forced to close for three months and further restrictions remaining in place for the rest of the year. This had a…