Retailing in Mexico

March 2022
USD 2,450
Request More Information

Delivery:

Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).

Overview:

Understand the latest market trends and future growth opportunities for the Retailing industry in Mexico with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.

Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.

Data and analysis in this report provides further detailed coverage dedicated to the following key categories, where applicable:

  • Convenience Stores
  • Discounters
  • Hypermarkets
  • Supermarkets
  • Traditional Grocery Retailers
  • Apparel and Footwear Specialist Retailers
  • Electronics and Appliance Specialist Retailers
  • Health and Beauty Specialist Retailers
  • Home and Garden Specialist Retailers
  • Department Stores
  • Variety Stores
  • Warehouse Clubs
  • Direct Selling
  • Homeshopping
  • Vending

If you're in the Retailing industry in Mexico, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.

The Retailing in Mexico report includes:

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

This report answers:

  • What is the market size of Retailing in Mexico?
  • Which are the leading retailers in Retailing in Mexico?
  • How are products distributed in Retailing in Mexico?
  • How is the rise of e-commerce and the expansion of modern grocery retail impacting traditional retail?
  • How significant are discounters and private label in Mexico?
  • How has the impact of COVID-19 and national lockdown impacted consumer demand?
  • Which formats have benefited the most from stockpiling and enforced home seclusion?
  • How will the wider economic impact of COVID-19 shape the retail landscape in the future?
  • Where is future growth expected to be most dynamic?

Retailing in Mexico

EXECUTIVE SUMMARY

Retailing in 2021: The big picture
Department stores prove resilient in the face of COVID-19
E-commerce holds onto its pandemic gains, as local consumers become increasingly comfortable shopping online
What next for retailing?

OPERATING ENVIRONMENT

Informal retailing
Opening hours
Summary 1 Standard Opening Hours by Channel Type 2021
Physical retail landscape
Cash and carry
Table 1 Cash and Carry Sales: Value 2016-2021
Seasonality
Christmas Back to School Christmas Season El Buen Fin Hot Sale
Payments
Delivery and collection
Emerging business models

MARKET DATA

Table 2 Sales in Retailing by Store-based vs Non-Store: Value 2016-2021 Table 3 Sales in Retailing by Store-based vs Non-Store: % Value Growth 2016-2021 Table 4 Sales in Store-based Retailing by Channel: Value 2016-2021 Table 5 Sales in Store-based Retailing by Channel: % Value Growth 2016-2021 Table 6 Store-based Retailing Outlets by Channel: Units 2016-2021 Table 7 Store-based Retailing Outlets by Channel: % Unit Growth 2016-2021 Table 8 Sales in Non-Store Retailing by Channel: Value 2016-2021 Table 9 Sales in Non-Store Retailing by Channel: % Value Growth 2016-2021 Table 10 Grocery Retailers: Value Sales, Outlets and Selling Space 2016-2021 Table 11 Grocery Retailers: Value Sales, Outlets and Selling Space: % Growth 2016-2021 Table 12 Sales in Grocery Retailers by Channel: Value 2016-2021 Table 13 Sales in Grocery Retailers by Channel: % Value Growth 2016-2021 Table 14 Grocery Retailers Outlets by Channel: Units 2016-2021 Table 15 Grocery Retailers Outlets by Channel: % Unit Growth 2016-2021 Table 16 Non-Grocery Specialists: Value Sales, Outlets and Selling Space 2016-2021 Table 17 Non-Grocery Specialists: Value Sales, Outlets and Selling Space: % Growth 2016-2021 Table 18 Sales in Non-Grocery Specialists by Channel: Value 2016-2021 Table 19 Sales in Non-Grocery Specialists by Channel: % Value Growth 2016-2021 Table 20 Non-Grocery Specialists Outlets by Channel: Units 2016-2021 Table 21 Non-Grocery Specialists Outlets by Channel: % Unit Growth 2016-2021 Table 22 Mixed Retailers: Value Sales, Outlets and Selling Space 2016-2021 Table 23 Mixed Retailers: Value Sales, Outlets and Selling Space: % Growth 2016-2021 Table 24 Sales in Mixed Retailers by Channel: Value 2016-2021 Table 25 Sales in Mixed Retailers by Channel: % Value Growth 2016-2021 Table 26 Mixed Retailers Outlets by Channel: Units 2016-2021 Table 27 Mixed Retailers Outlets by Channel: % Unit Growth 2016-2021 Table 28 Retailing GBO Company Shares: % Value 2017-2021 Table 29 Retailing GBN Brand Shares: % Value 2018-2021 Table 30 Store-based Retailing GBO Company Shares: % Value 2017-2021 Table 31 Store-based Retailing GBN Brand Shares: % Value 2018-2021 Table 32 Store-based Retailing LBN Brand Shares: Outlets 2018-2021 Table 33 Non-Store Retailing GBO Company Shares: % Value 2017-2021 Table 34 Non-Store Retailing GBN Brand Shares: % Value 2018-2021 Table 35 Grocery Retailers GBO Company Shares: % Value 2017-2021 Table 36 Grocery Retailers GBN Brand Shares: % Value 2018-2021 Table 37 Grocery Retailers LBN Brand Shares: Outlets 2018-2021 Table 38 Grocery Retailers LBN Brand Shares: Selling Space 2018-2021 Table 39 Non-Grocery Specialists GBO Company Shares: % Value 2017-2021 Table 40 Non-Grocery Specialists GBN Brand Shares: % Value 2018-2021 Table 41 Non-Grocery Specialists LBN Brand Shares: Outlets 2018-2021 Table 42 Non-Grocery Specialists LBN Brand Shares: Selling Space 2018-2021 Table 43 Mixed Retailers GBO Company Shares: % Value 2017-2021 Table 44 Mixed Retailers GBN Brand Shares: % Value 2018-2021 Table 45 Mixed Retailers LBN Brand Shares: Outlets 2018-2021 Table 46 Mixed Retailers LBN Brand Shares: Selling Space 2018-2021 Table 47 Forecast Sales in Retailing by Store-based vs Non-Store: Value 2021-2026 Table 48 Forecast Sales in Retailing by Store-based vs Non-Store: % Value Growth 2021-2026 Table 49 Forecast Sales in Store-based Retailing by Channel: Value 2021-2026 Table 50 Forecast Sales in Store-based Retailing by Channel: % Value Growth 2021-2026 Table 51 Forecast Store-based Retailing Outlets by Channel: Units 2021-2026 Table 52 Forecast Store-Based Retailing Outlets by Channel: % Unit Growth 2021-2026 Table 53 Forecast Sales in Non-Store Retailing by Channel: Value 2021-2026 Table 54 Forecast Sales in Non-Store Retailing by Channel: % Value Growth 2021-2026 Table 55 Grocery Retailers Forecasts: Value Sales, Outlets and Selling Space 2021-2026 Table 56 Grocery Retailers Forecasts: Value Sales, Outlets and Selling Space: % Growth 2021-2026 Table 57 Forecast Sales in Grocery Retailers by Channel: Value 2021-2026 Table 58 Forecast Sales in Grocery Retailers by Channel: % Value Growth 2021-2026 Table 59 Forecast Grocery Retailers Outlets by Channel: Units 2021-2026 Table 60 Forecast Grocery Retailers Outlets by Channel: % Unit Growth 2021-2026 Table 61 Non-Grocery Specialists Forecasts: Value Sales, Outlets and Selling Space 2021-2026 Table 62 Non-Grocery Specialists Forecasts: Value Sales, Outlets and Selling Space: % Growth 2021-2026 Table 63 Forecast Sales in Non-Grocery Specialists by Channel: Value 2021-2026 Table 64 Forecast Sales in Non-Grocery Specialists by Channel: % Value Growth 2021-2026 Table 65 Forecast Non-Grocery Specialists Outlets by Channel: Units 2021-2026 Table 66 Forecast Non-Grocery Specialists Outlets by Channel: % Unit Growth 2021-2026 Table 67 Mixed Retailers Forecasts: Value Sales, Outlets and Selling Space 2021-2026 Table 68 Mixed Retailers Forecasts: Value Sales, Outlets and Selling Space: % Growth 2021-2026 Table 69 Forecast Sales in Mixed Retailers by Channel: Value 2021-2026 Table 70 Forecast Sales in Mixed Retailers by Channel: % Value Growth 2021-2026 Table 71 Forecast Mixed Retailers Outlets by Channel: Units 2021-2026 Table 72 Forecast Mixed Retailers Outlets by Channel: % Unit Growth 2021-2026

DISCLAIMER

SOURCES

Summary 2 Research Sources

Convenience Stores in Mexico

KEY DATA FINDINGS

2021 DEVELOPMENTS

Convenience stores struggle to recover from the effects of COVID-19
Brands look to deals and partnerships to widen their appeal and drive growth in foot traffic
Despite a slowdown in new store openings, the pandemic helps OXXO to deepen its dominance

PROSPECTS AND OPPORTUNITIES

Mounting inflationary pressure will slow recovery
Foodservice offer will grow in importance
Government policy will be key to the development of forecourt retail

CHANNEL DATA

Table 73 Convenience Stores: Value Sales, Outlets and Selling Space 2016-2021 Table 74 Convenience Stores: Value Sales, Outlets and Selling Space: % Growth 2016-2021 Table 75 Convenience Stores GBO Company Shares: % Value 2017-2021 Table 76 Convenience Stores GBN Brand Shares: % Value 2018-2021 Table 77 Convenience Stores LBN Brand Shares: Outlets 2018-2021 Table 78 Convenience Stores LBN Brand Shares: Selling Space 2018-2021 Table 79 Convenience Stores Forecasts: Value Sales, Outlets and Selling Space 2021-2026 Table 80 Convenience Stores Forecasts: Value Sales, Outlets and Selling Space: % Growth 2021-2026

Discounters in Mexico

KEY DATA FINDINGS

2021 DEVELOPMENTS

Slowdown in new store openings retards constant value sales growth
Pandemic and inflationary pressure help discounters to widen their appeal
Investment in e-commerce pays off for Walmart

PROSPECTS AND OPPORTUNITIES

Amid elevated inflationary pressure, the value for money offered by discounters will help to broaden their appeal
Discounters will focus more on private label and narrow their product range
E-commerce will continue to grow in importance

CHANNEL DATA

Table 81 Discounters: Value Sales, Outlets and Selling Space 2016-2021 Table 82 Discounters: Value Sales, Outlets and Selling Space: % Growth 2016-2021 Table 83 Discounters GBO Company Shares: % Value 2017-2021 Table 84 Discounters GBN Brand Shares: % Value 2018-2021 Table 85 Discounters LBN Brand Shares: Outlets 2018-2021 Table 86 Discounters LBN Brand Shares: Selling Space 2018-2021 Table 87 Discounters Forecasts: Value Sales, Outlets and Selling Space 2021-2026 Table 88 Discounters Forecasts: Value Sales, Outlets and Selling Space: % Growth 2021-2026

Hypermarkets in Mexico

KEY DATA FINDINGS

2021 DEVELOPMENTS

Inflationary pressure accelerates shift away from hypermarkets
Led by Walmart, hypermarkets pivot towards an omnichannel model
Facing aggressive competition for discounters, hypermarkets struggle to expand their store networks

PROSPECTS AND OPPORTUNITIES

As the inflationary squeeze deepens, hypermarkets will continue to struggle to compete with discounters
Hypermarkets will continue to invest heavily in e-commerce, as they seek to reduce delivery costs
Going local will help hypermarkets to differentiate themselves from discounters

CHANNEL DATA

Table 89 Hypermarkets: Value Sales, Outlets and Selling Space 2016-2021 Table 90 Hypermarkets: Value Sales, Outlets and Selling Space: % Growth 2016-2021 Table 91 Hypermarkets GBO Company Shares: % Value 2017-2021 Table 92 Hypermarkets GBN Brand Shares: % Value 2018-2021 Table 93 Hypermarkets LBN Brand Shares: Outlets 2018-2021 Table 94 Hypermarkets LBN Brand Shares: Selling Space 2018-2021 Table 95 Hypermarkets Forecasts: Value Sales, Outlets and Selling Space 2021-2026 Table 96 Hypermarkets Forecasts: Value Sales, Outlets and Selling Space: % Growth 2021-2026

Supermarkets in Mexico

KEY DATA FINDINGS

2021 DEVELOPMENTS

Supermarkets outperform both discounters and hypermarkets
Pandemic drives shift to e-commerce and self-checkouts
Superama re-branded as Walmart Express

PROSPECTS AND OPPORTUNITIES

Modernisation will help supermarkets to better compete against hypermarkets and discounters
Foodservice will play a bigger role in attracting consumers to supermarkets
Supermarkets will continue to invest in e-commerce

CHANNEL DATA

Table 97 Supermarkets: Value Sales, Outlets and Selling Space 2016-2021 Table 98 Supermarkets: Value Sales, Outlets and Selling Space: % Growth 2016-2021 Table 99 Supermarkets GBO Company Shares: % Value 2017-2021 Table 100 Supermarkets GBN Brand Shares: % Value 2018-2021 Table 101 Supermarkets LBN Brand Shares: Outlets 2018-2021 Table 102 Supermarkets LBN Brand Shares: Selling Space 2018-2021 Table 103 Supermarkets Forecasts: Value Sales, Outlets and Selling Space 2021-2026 Table 104 Supermarkets Forecasts: Value Sales, Outlets and Selling Space: % Growth 2021-2026

Traditional Grocery Retailers in Mexico

KEY DATA FINDINGS

2021 DEVELOPMENTS

After a large number of closures in 2020, 2021 brings a significant rebound in store numbers
Government-sponsored Segalmex stores struggle
Food and drink specialists that pivoted towards e-commerce have fared better than those that have not

PROSPECTS AND OPPORTUNITIES

Rapidly expanding convenience store segment poses the biggest competitive threat to traditional grocery retailers
Trade groups and local and regional governments will continue to help traditional grocery retailers to improve their operations and accept card payments
Emergence of ‘dark’ stores will pose a mounting competitive threat

CHANNEL DATA

Table 105 Traditional Grocery Retailers: Value Sales, Outlets and Selling Space 2016-2021 Table 106 Traditional Grocery Retailers: Value Sales, Outlets and Selling Space: % Growth 2016-2021 Table 107 Traditional Grocery Retailers GBO Company Shares: % Value 2017-2021 Table 108 Traditional Grocery Retailers GBN Brand Shares: % Value 2018-2021 Table 109 Traditional Grocery Retailers LBN Brand Shares: Outlets 2018-2021 Table 110 Traditional Grocery Retailers LBN Brand Shares: Selling Space 2018-2021 Table 111 Traditional Grocery Retailers Forecasts: Value Sales, Outlets and Selling Space 2021-2026 Table 112 Traditional Grocery Retailers Forecasts: Value Sales, Outlets and Selling Space: % Growth 2021-2026

Apparel and Footwear Specialist Retailers in Mexico

KEY DATA FINDINGS

2021 DEVELOPMENTS

Pandemic both undermines sales and drives them online
C&A and Forever 21 both change hands
Players focus on expanding e-commerce, rather than their store networks

PROSPECTS AND OPPORTUNITIES

Online shift will not be reversed
Store-in-store and pop-up outlets will proliferate, as brands seek low-cost ways to maintain a physical presence
Second-hand fashion marketplaces will appeal to both the price sensitive and those interested in sustainability

CHANNEL DATA

Table 113 Apparel And Footwear Specialist Retailers: Value Sales, Outlets and Selling Space 2016-2021 Table 114 Apparel And Footwear Specialist Retailers: Value Sales, Outlets and Selling Space: % Growth 2016-2021 Table 115 Apparel And Footwear Specialist Retailers GBO Company Shares: % Value 2017-2021 Table 116 Apparel And Footwear Specialist Retailers GBN Brand Shares: % Value 2018-2021 Table 117 Apparel And Footwear Specialist Retailers LBN Brand Shares: Outlets 2018-2021 Table 118 Apparel And Footwear Specialist Retailers LBN Brand Shares: Selling Space 2018-2021 Table 119 Apparel And Footwear Specialist Retailers Forecasts: Value Sales, Outlets and Selling Space 2021-2026 Table 120 Apparel And Footwear Specialist Retailers Forecasts: Value Sales, Outlets and Selling Space: % Growth 2021-2026

Electronics and Appliance Specialist Retailers in Mexico

KEY DATA FINDINGS

2021 DEVELOPMENTS

Despite robust demand from office workers and students, retail constant value sales continue to fall
Pandemic-induced shift to e-commerce was not a flash in the pan
Overtaken by ishop, Best Buy exits

PROSPECTS AND OPPORTUNITIES

E-commerce will continue to weigh on physical store sales
Competition from internet retailers like Amazon and Mercado Libre will intensify
Inflationary pressure will squeeze margins and could drive consolidation

CHANNEL DATA

Table 121 Electronics and Appliance Specialist Retailers: Value Sales, Outlets and Selling Space 2016-2021 Table 122 Electronics and Appliance Specialist Retailers: Value Sales, Outlets and Selling Space: % Growth 2016-2021 Table 123 Electronics and Appliance Specialist Retailers GBO Company Shares: % Value 2017-2021 Table 124 Electronics and Appliance Specialist Retailers GBN Brand Shares: % Value 2018-2021 Table 125 Electronics and Appliance Specialist Retailers LBN Brand Shares: Outlets 2018-2021 Table 126 Electronics and Appliance Specialist Retailers LBN Brand Shares: Selling Space 2018-2021 Table 127 Electronics and Appliance Specialist Retailers Forecasts: Value Sales, Outlets and Selling Space 2021-2026 Table 128 Electronics and Appliance Specialist Retailers Forecasts: Value Sales, Outlets and Selling Space: % Growth 2021-2026

Health and Beauty Specialist Retailers in Mexico

KEY DATA FINDINGS

2021 DEVELOPMENTS

COVID-19 restrictions hit some health and beauty specialist retailers much harder than others
Outlet numbers begin to recover
E-commerce is emerging, but many local consumers remain reluctant to utilise this channel for such categories as beauty and personal care and consumer health

PROSPECTS AND OPPORTUNITIES

Parapharmacies/drug stores will continue to proliferate
While e-commerce will continue to expand, it will remain of secondary importance
Health and beauty specialist retailers will struggle to compete with direct selling on price

CHANNEL DATA

Table 129 Health and Beauty Specialist Retailers: Value Sales, Outlets and Selling Space 2016-2021 Table 130 Health and Beauty Specialist Retailers: Value Sales, Outlets and Selling Space: % Growth 2016-2021 Table 131 Sales in Health and Beauty Specialist Retailers by Channel: Value 2016-2021 Table 132 Sales in Health and Beauty Specialist Retailers by Channel: % Value Growth 2016-2021 Table 133 Health and Beauty Specialist Retailers GBO Company Shares: % Value 2017-2021 Table 134 Health and Beauty Specialist Retailers GBN Brand Shares: % Value 2018-2021 Table 135 Health and Beauty Specialist Retailers LBN Brand Shares: Outlets 2018-2021 Table 136 Health and Beauty Specialist Retailers LBN Brand Shares: Selling Space 2018-2021 Table 137 Health and Beauty Specialist Retailers Forecasts: Value Sales, Outlets and Selling Space 2021-2026 Table 138 Health and Beauty Specialist Retailers Forecasts: Value Sales, Outlets and Selling Space: % Growth 2021-2026 Table 139 Forecast Sales in Health and Beauty Specialist Retailers by Channel: Value 2021-2026 Table 140 Forecast Sales in Health and Beauty Specialist Retailers by Channel: % Value Growth 2021-2026

Home and Garden Specialist Retailers in Mexico

KEY DATA FINDINGS

2021 DEVELOPMENTS

Home improvement and gardening outperform homewares and home furnishing
E-commerce grows in popularity, with some players struggling to cope
Hypermarkets and discounters pose a mounting competitive threat

PROSPECTS AND OPPORTUNITIES

While the hypermarket threat will intensify, e-commerce growth will stall
New entrant IKEA has significant scope for growth
Comex looks to fintech partnership to drive sales growth

CHANNEL DATA

Table 141 Home and Garden Specialist Retailers: Value Sales, Outlets and Selling Space 2016-2021 Table 142 Home and Garden Specialist Retailers: Value Sales, Outlets and Selling Space: % Growth 2016-2021 Table 143 Sales in Home and Garden Specialist Retailers by Channel: Value 2016-2021 Table 144 Sales in Home and Garden Specialist Retailers by Channel: % Value Growth 2016-2021 Table 145 Home and Garden Specialist Retailers GBO Company Shares: % Value 2017-2021 Table 146 Home and Garden Specialist Retailers GBN Brand Shares: % Value 2018-2021 Table 147 Home and Garden Specialist Retailers LBN Brand Shares: Outlets 2018-2021 Table 148 Home and Garden Specialist Retailers LBN Brand Shares: Selling Space 2018-2021 Table 149 Home and Garden Specialist Retailers Forecasts: Value Sales, Outlets and Selling Space 2021-2026 Table 150 Home and Garden Specialist Retailers Forecasts: Value Sales, Outlets and Selling Space: % Growth 2021-2026 Table 151 Forecast Sales in Home and Garden Specialist Retailers by Channel: Value 2021-2026 Table 152 Forecast Sales in Home and Garden Specialist Retailers by Channel: % Value Growth 2021-2026

Department Stores in Mexico

KEY DATA FINDINGS

2021 DEVELOPMENTS

Strong recovery in demand, with constant value sales exceeding their pre-pandemic level
Chains leverage store cards to drive growth
Demand for big ticket items like home furnishings particularly strong

PROSPECTS AND OPPORTUNITIES

As chains pivot towards an omnichannel model, new store openings will slow
Partnerships will help department stores to boost their e-commerce performance
Department stores will seek to improve the in-store experience in order to better compete with pure-play e-commerce

CHANNEL DATA

Table 153 Department Stores: Value Sales, Outlets and Selling Space 2016-2021 Table 154 Department Stores: Value Sales, Outlets and Selling Space: % Growth 2016-2021 Table 155 Department Stores GBO Company Shares: % Value 2017-2021 Table 156 Department Stores GBN Brand Shares: % Value 2018-2021 Table 157 Department Stores LBN Brand Shares: Outlets 2018-2021 Table 158 Department Stores LBN Brand Shares: Selling Space 2018-2021 Table 159 Department Stores Forecasts: Value Sales, Outlets and Selling Space 2021-2026 Table 160 Department Stores Forecasts: Value Sales, Outlets and Selling Space: % Growth 2021-2026

Variety Stores in Mexico

KEY DATA FINDINGS

2021 DEVELOPMENTS

Variety stores struggle to recover from pandemic-induced shift to e-commerce
Credit offers makes variety stores popular with low-income consumers
Lockdown gave leader Elektra the opportunity to steal a march on its rivals

PROSPECTS AND OPPORTUNITIES

With the shift to e-commerce set to be permanent, variety store sales will struggle to recover to their pre-pandemic level
Intense competition will put downward pressure on pricing
Social media will facilitate more personalised offers

CHANNEL DATA

Table 161 Variety Stores: Value Sales, Outlets and Selling Space 2016-2021 Table 162 Variety Stores: Value Sales, Outlets and Selling Space: % Growth 2016-2021 Table 163 Variety Stores GBO Company Shares: % Value 2017-2021 Table 164 Variety Stores GBN Brand Shares: % Value 2018-2021 Table 165 Variety Stores LBN Brand Shares: Outlets 2018-2021 Table 166 Variety Stores LBN Brand Shares: Selling Space 2018-2021 Table 167 Variety Stores Forecasts: Value Sales, Outlets and Selling Space 2021-2026 Table 168 Variety Stores Forecasts: Value Sales, Outlets and Selling Space: % Growth 2021-2026

Warehouse Clubs in Mexico

KEY DATA FINDINGS

2021 DEVELOPMENTS

After a bumper 2020 driven by stockpiling, demand stabilises
Pandemic halts rapid expansion
Warehouse clubs boost their e-commerce offer

PROSPECTS AND OPPORTUNITIES

Inflationary squeeze will reinforce the appeal of warehouse clubs to price-sensitive consumers
More stores will offer delivery
Social media will increasingly be leveraged to reach younger consumers

CHANNEL DATA

Table 169 Warehouse Clubs: Value Sales, Outlets and Selling Space 2016-2021 Table 170 Warehouse Clubs: Value Sales, Outlets and Selling Space: % Growth 2016-2021 Table 171 Warehouse Clubs GBO Company Shares: % Value 2017-2021 Table 172 Warehouse Clubs GBN Brand Shares: % Value 2018-2021 Table 173 Warehouse Clubs LBN Brand Shares: Outlets 2018-2021 Table 174 Warehouse Clubs LBN Brand Shares: Selling Space 2018-2021 Table 175 Warehouse Clubs Forecasts: Value Sales, Outlets and Selling Space 2021-2026 Table 176 Warehouse Clubs Forecasts: Value Sales, Outlets and Selling Space: % Growth 2021-2026

Direct Selling in Mexico

KEY DATA FINDINGS

2021 DEVELOPMENTS

COVID-19 upends the direct selling business model
Pandemic drives direct selling online
Consumer health fares relatively well

PROSPECTS AND OPPORTUNITIES

Apparel and footwear will recover faster than beauty and personal care
Lack of formal employment opportunities will continue to make direct selling an attractive career opportunity for many
The line between direct selling and e-commerce will blur

CHANNEL DATA

Table 177 Direct Selling by Category: Value 2016-2021 Table 178 Direct Selling by Category: % Value Growth 2016-2021 Table 179 Direct Selling GBO Company Shares: % Value 2017-2021 Table 180 Direct Selling GBN Brand Shares: % Value 2018-2021 Table 181 Direct Selling Forecasts by Category: Value 2021-2026 Table 182 Direct Selling Forecasts by Category: % Value Growth 2021-2026

Homeshopping in Mexico

KEY DATA FINDINGS

2021 DEVELOPMENTS

Pandemic boost to homeshopping demand peters out
Consumer health among the top performers
Focusing on consumer electronics, telecoms operator TELMEX remains the leading player

PROSPECTS AND OPPORTUNITIES

With an ageing customer base, homeshopping companies will struggle to drive growth
The line between e-commerce and homeshopping will blur
Competition from physical stores will intensify

CHANNEL DATA

Table 183 Homeshopping by Category: Value 2016-2021 Table 184 Homeshopping by Category: % Value Growth 2016-2021 Table 185 Homeshopping GBO Company Shares: % Value 2017-2021 Table 186 Homeshopping GBN Brand Shares: % Value 2018-2021 Table 187 Homeshopping Forecasts by Category: Value 2021-2026 Table 188 Homeshopping Forecasts by Category: % Value Growth 2021-2026

Vending in Mexico

KEY DATA FINDINGS

2021 DEVELOPMENTS

After a torrid 2020, constant value sales show signs of stabilising
Vending machines selling health products like face masks proliferate
Grupo Bimbo and Pepsi-Cola Mexicana remain dominant

PROSPECTS AND OPPORTUNITIES

The range of products offered by vending machines will continue to widen
Contactless payment options will become commonplace
Electronic cigarettes represent a growth opportunity

CHANNEL DATA

Table 189 Vending by Category: Value 2016-2021 Table 190 Vending by Category: % Value Growth 2016-2021 Table 191 Vending GBO Company Shares: % Value 2017-2021 Table 192 Vending GBN Brand Shares: % Value 2018-2021 Table 193 Vending Forecasts by Category: Value 2021-2026 Table 194 Vending Forecasts by Category: % Value Growth 2021-2026

E-Commerce (Goods) in Mexico

KEY DATA FINDINGS

2021 DEVELOPMENTS

As in-person shopping revives, e-commerce stables but holds on to its pandemic gains
Fraud remains a significant concern for many
Pandemic proves transformational for online grocery shopping

PROSPECTS AND OPPORTUNITIES

Mexicans will continue to grow more comfortable shopping online
More manufacturers and retailers will launch their own e-commerce websites and apps
Alibaba set to be a growing presence

CHANNEL DATA

Table 195 E-Commerce (Goods) by Channel and Category: Value 2016-2021 Table 196 E-Commerce (Goods) by Channel and Category: % Value Growth 2016-2021 Table 197 E-Commerce (Goods) GBO Company Shares: % Value 2017-2021 Table 198 E-Commerce (Goods) GBN Brand Shares: % Value 2018-2021 Table 199 Forecast E-Commerce (Goods) by Channel and Category: Value 2021-2026 Table 200 Forecast E-Commerce (Goods) by Channel and Category: % Value Growth 2021-2026

Mobile E-Commerce (Goods) in Mexico

KEY DATA FINDINGS

2021 DEVELOPMENTS

Mobile e-commerce value sales have more than doubled since the onset of the pandemic
Smartphone apps are making mobile e-commerce more accessible
Rapid growth brings growing pains

PROSPECTS AND OPPORTUNITIES

M-commerce will continue to grow in importance within e-commerce
Offering fast delivery and more delivery options will be an important point of competition
Financial technology companies will make it easier for lower-income consumers to make online purchases

CHANNEL DATA

Table 201 Mobile E-Commerce (Goods): Value 2016-2021 Table 202 Mobile E-Commerce (Goods): % Value Growth 2016-2021 Table 203 Mobile E-Commerce (Goods) Forecasts: Value 2021-2026 Table 204 Mobile E-Commerce (Goods) Forecasts: % Value Growth 2021-2026

Food and Drink E-Commerce in Mexico

KEY DATA FINDINGS

2021 DEVELOPMENTS

Having surged in 2020, demand declines slightly as in-person grocery shopping returns and stockpiling abates
More attention is now being paid to last-mile delivery
Alcoholic drinks have performed particularly strongly since the onset of the pandemic

PROSPECTS AND OPPORTUNITIES

With daily life normalising, demand growth is set to be no more than moderate
With third party marketplaces likely to pay more attention to food and drink e-commerce, competition will intensify
Delivery speed will be a crucial differentiating factor

CHANNEL DATA

Table 205 Food and Drink E-Commerce: Value 2016-2021 Table 206 Food and Drink E-Commerce: % Value Growth 2016-2021 Table 207 Food and Drink E-Commerce Forecasts: Value 2021-2026 Table 208 Food and Drink E-Commerce Forecasts: % Value Growth 2021-2026
The following categories and subcategories are included:

Retailing

      • Apparel and Footwear Direct Selling
      • Beauty and Personal Care Direct Selling
      • Consumer Electronics Direct Selling
      • Consumer Health Direct Selling
      • Consumer Appliances Direct Selling
      • Food and Drink Direct Selling
      • Home Care Direct Selling
      • Home Improvement and Gardening Direct Selling
      • Homewares and Home Furnishings Direct Selling
      • Media Products Direct Selling
      • Personal Accessories and Eyewear Direct Selling
      • Pet Care Direct Selling
      • Traditional Toys and Games Direct Selling
      • Video Games Hardware Direct Selling
      • Other Direct Selling
      • Apparel and Footwear Homeshopping
      • Beauty and Personal Care Homeshopping
      • Consumer Appliances Homeshopping
      • Consumer Electronics Homeshopping
      • Consumer Health Homeshopping
      • Food and Drink Homeshopping
      • Home Care Homeshopping
      • Home Improvement and Gardening Homeshopping
      • Homewares and Home Furnishings Homeshopping
      • Media Products Homeshopping
      • Personal Accessories and Eyewear Homeshopping
      • Pet Care Homeshopping
      • Traditional Toys and Games Homeshopping
      • Video Games Hardware Homeshopping
      • Other Homeshopping
      • Packaged Drinks Vending
      • Snacks Vending
      • Dairy Products and Alternatives Vending
      • Cooking Ingredients and Meals Vending
      • Staple Foods Vending
      • Personal Hygiene Vending
      • Tobacco Vending
      • Hot Drinks Vending
      • Traditional Toys and Games Vending
      • Other Products Vending
      • Mobile E-Commerce (Goods)
        • Foreign E-Commerce (Goods)
        • Domestic E-Commerce (Goods)
        • Apparel and Footwear E-Commerce
        • Beauty and Personal Care E-Commerce
        • Consumer Appliances E-Commerce
        • Consumer Electronics E-Commerce
        • Consumer Health E-Commerce
        • Food and Drink E-Commerce
        • Home Care E-Commerce
        • Home Improvement and Gardening E-Commerce
        • Homewares and Home Furnishings E-Commerce
        • Media Products E-Commerce
        • Personal Accessories and Eyewear E-Commerce
        • Pet Care E-Commerce
        • Traditional Toys and Games E-Commerce
        • Video Games Hardware E-Commerce
        • Other E-Commerce

Retailing

Sales of new and used goods to the general public for personal or household consumption. Excludes specialist retailers of motor vehicles, motorcycles, vehicle parts, fuel. Also excludes foodservice, rental and hire and wholesale industries (Cash and Carry). Sales value excluding or including VAT/Sales Tax. Retailing is the aggregation of Store-based retailing and Non-store retailing. Retailing excludes the informal retail sector. Informal retailing is retail trade which is not declared to the tax authorities. Informal retailing encompasses (a) sales generated by unregistered and unlicensed retailers, ie retailers operating illegally, and (b) any proportion of sales generated by a registered and licensed retailer which is not declared to the tax authorities. Unregistered and unlicensed retailers operate predominantly (although not exclusively) as street hawkers or operate open market stalls, as these channels are harder for the authorities to monitor than permanent outlets. Activities in the illegal market, which is usually understood to refer to trade in illegal, counterfeit or stolen merchandise, are included within our definition of informal retailing. Activities in the “grey market”, which is usually understood to refer to trade in legal merchandise that is sold through unauthorized channels – for example cigarettes bought legally in another country, legally imported, but sold at lower prices than in authorized channels – will be included as informal retailing if no tax is paid on sale by the retailer. However if the retailer pays tax – for example on cigarettes bought legally in another country but sold at a lower price than standard – the sale is included within formal retailing. In relation to click and collect purchases (i.e. where purchases are made over the internet but picked up at store) where the sales data is attributed depends on where the payment is made: If payment is made in store, then the sale is included in store-based sales. If payment is made over the internet, then the sale is included in internet retailing.

See All of Our Definitions
Share:

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

This report originates from Passport, our Retailing research and analysis database.

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! Home Page