The market is dominated by foreign suppliers, as imports account for 70.4% of total market size in 2021. Households drive market demand, with household spending representing 85.0% of total demand in 2021. Mexico has the largest market size for sports goods regionally, with demand reaching USD1.0 billion in 2021. Easton SA de CV is the largest company in Mexico, generating 3.0% of the industry’s total production value in 2021. The industry is fragmented, with the top two companies generating 3.1% of total production value in 2021. The total number of companies increases in 2021, to 5,342 units. The costs of the industry increase by 13.9% in 2021, largely driven by rising B2B costs. The industry’s profitability increases and stands at 31.1% of production value in 2021, the highest regionally. With production value of USD414 million, Mexico accounts for 41.9% of the Latin America total in 2021.
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This Euromonitor industrial report provides unique information on Sports Goods in Mexico: ISIC 3693. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Sports Goods in Mexico: ISIC 3693 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Household Goods is an aggregation of Furniture, Jewellery and Related Articles, Musical Instruments; Imitation Jewellery, Brushes and Other Personal Items, Sports Goods, Toys and Games, Watches and Clocks.See All of Our Definitions
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