Mexico Retail Market Size by Sector and Channel including Online Retail, Key Players and Forecast, 2022-2026

Mexico Retail Market Size by Sector and Channel including Online Retail, Key Players and Forecast, 2022-2026

Summary

This databook uses data from GlobalData’s Retail database showing the trends in the market and sectors by value. It also reveals the major retailers by market share in 2021 in each of the sectors. All data includes the impact COVID-19 has had on sales in 2021 (forecasted at the date of publication).

This databook provides both the historic and forecast market data of total retail sales in Mexico. It illustrates the data with charts, graphs and tables summarizing the value trends, with individual sector details in overall retail. The forecasts include the impact of COVID-19 on growth. The databook also reveals major retailers in each sector and their market share along with their price and market positioning in 2021.

ScopeThe overall retail industry in Mexico is forecast to grow at a CAGR of 6.8% between 2021 and 2026 to reach MXN 10,002 bn.Food & Grocery is the dominating sector with MXN 4,464 bn in 2021 but Homewares is the fastest growing sector, which will grow at 7.6% CAGR between 2021-2026 to reach MXN 264.0 bn.Convenience stores (including independents) and gas stations is the leading channel, but Duty free retail channel is expected to see the maximum growth during the forecast period, registering a CAGR of 21.2% between 2021-2026 to reach MXN 5.0 bn. The Mexico retail industry is dominated by mass market playersReasons to BuyGain a comprehensive view of the retail industry and forecasts to 2026Explore new opportunities that will allow you to align your product offerings and strategies to meet demand following the impact of COVID-19 on the retail marketInvestigate current and forecast trends in retail sectors to identify the opportunities offering the most potentialUnderstand who the main competitors are in the sectors and their price positioning