Mexico

Cigarettes posted a moderate but positive growth in volume terms in 2017, driven by a mix of trends that include a decline in the smoking prevalence and in the average number of sticks smoked per day, a reduction of illicit trade and the growth of ...

Cigars, cigarillos and pipe tobacco continued their volume declining trajectories in 2017, reflecting a decline in the number of smokers as a result of a variety of factors that include the regulations to tobacco products under the Mexican Tobacco ...

Cigarettes, the most important category of tobacco products in Mexico, posted a low single-digit volume increase in 2017 due to a combination of trends that include a decline in smoking prevalence and average number of sticks smoked per day, a ...

Smokeless tobacco is a small category in Mexico where there are basically two products available: Klondike distributed by Tabasa Import Export Ltd SA de CV and Kayak, distributed by Lieb International SA de CV, both classified as loose US-style moist...

The Mexican economy was marked by a period of economic uncertainty in 2017 due to international political events, rising inflation and a natural disaster to name a few. In many consumer goods markets, packaging was reduced mostly in terms of size ...

While the Mexican alcoholic drinks market saw growth constrained by rising prices and a sluggish economy in 2017, it did experience the ongoing development of a premiumisation trend in certain categories, with tequila and whiskies amongst the most ...

Mexico’s economy will strengthen in 2018. Moderate gains in private consumption and another strong showing by exporters provide support. Spending on reconstruction after the two earthquakes in 2017 will be another driver. Uncertainty concerning ...

Mexico is rich in natural resources, and the country is a major producer of oil and various agricultural and products. Nevertheless, oil production has been declining and Mexico is becoming increasingly reliant on natural gas imports. Water shortage ...

Eyewear in Mexico continued to record positive value and volume growth in 2018, supported by new product launches, marketing campaigns by leading brands, and an increase in an ageing population requiring vision correction support. The retailing ...

With the increasing number of Mexicans needing corrective lenses due to ageing, spectacles is predicted to record stable growth over the forecast period. According to Euromonitor International estimates, by 2023, the number of Mexicans aged over 65 ...

Latin America’s real recovery will continue in 2018. The region’s consumer expenditure will also improve slightly in 2018. Caribbean economies will lag behind other countries due to their excessive reliance on tourism and remittances. Latin America ...

Latin America is one of the fastest growing cat food markets in the world, with major countries like Brazil, Mexico and Chile driving sales in the region. The rise of the pet humanisation trend and increased ownership of cats as pets among the young ...

This report explores the changes taking place in the luxury hotel and travel market, which saw another year of strong growth. Thanks to a combination of wealth expansion and changing consumer habits, the industry has seen greater opportunities across...

Bags recorded moderate retail volume growth in 2018, mainly driven by population growth. The high inflation rate in 2017 had a negative effect on general prices and eroded consumer purchasing power and thus many shoppers reduced their spending on ...

Value sales of jewellery over the forecast period are expected to be driven by the launch of new designs to incentivise purchase recurrence and to attract new potential consumers, including specific groups such as young consumers or middle-income ...

Personal accessories registered stronger growth in 2018 than in the previous year thanks to the improvement in the macroeconomic environment in the country, which resulted in lower inflation rates and higher GDP growth than in 2017. The development ...

Mechanical watches was the most dynamic category in 2018 and this is expected to continue over the forecast period. Mechanical watches are largely status symbols, with an important presence of luxury brands. In 2018, sales continued to benefit from ...

The back-to-school period continued to drive sales of writing instruments in 2018 and this is set to remain the case over the forecast period. Trade sources indicate that demand generated in the season can represent up to 60-70% of annual sales ...

Online sales accounted for just 3% of all retail sales in Mexico in 2017, but consumers increasingly turn to the internet to discover, research, and find the best places to purchase items of all types, including grocery products. Walmart and delivery...

Most of the major economies in Latin America have faced significant economic and political challenges that have affected consumer spending across product categories, including purchases at grocery retailers. Economic crises in Brazil, Argentina and ...