B2B drives market demand, with B2B spending representing 92.3% of total demand in 2020. Intertek Testing Services De México SA de CV is the largest company in Mexico, generating 7.7% of the industry’s total turnover in 2020. The industry is fragmented, with the top three companies generating 11.0% of total turnover in 2020. The total number of companies decreases in 2020, to 11,855 units. The costs of the industry decrease by 15.9% in 2020, largely driven by declining B2B costs. The industry’s profitability increases and stands at 23.3% of turnover in 2020, the highest in the region. With turnover of USD587 million, Mexico accounts for 12.3% of the Latin America total in 2020.
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This Euromonitor industrial report provides unique information on Technical Testing and Analysis in Mexico: ISIC 7422. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Technical Testing and Analysis in Mexico: ISIC 7422 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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