"Retailing in Mexico - Market Summary and Forecasts" is now available at Fast Market Research

From: Fast Market Research, Inc.
Published: Fri Nov 13 2015

Despite the volatile economic conditions, retail sales continued to grow in Mexico following the 2009 recession. Retailers across channels have been rapidly expanding their store count to take advantage of the growing middle income households in Mexico. A large young working population with an increasing number of women in the workforce will continue to generate more disposable income. This increase in disposable income will drive aspirational consumption among Mexican consumers, a behavior further fuelled by discounts and promotional offers.

Key Findings

* A steady recovery in the economy offers growth opportunities for retail sector
* Despite volatile economic conditions and sluggish consumption, retailers continue to invest
* Surge in international tourists (29.1 million) will influence retail sales in Mexico
* Rising participation of women in the labor force(43.1% of working age population) and their desire for a better life will favor retail growth
* Online shoppers prefer cash on delivery due to the fear of uncertainty in product delivery
* Despite being the fastest-growing retail channel in Mexico, online retailing is still in a very nascent stage and contributing only 0.6% to overall retail sales in 2014
* Food and grocery category continue to dominate with 35.4% of share in Mexican retail market
* Clothing (8.1%)and footwear (8%)will be the fastest growing product categories over the next five years

Full Report Details at
- http://www.fastmr.com/prod/1062388_retailing_mexico_summary.aspx?afid=301

"Retailing in Mexico - Market Summary and Forecasts, 2014-2019" provides data for historic and forecast retail sales, and also includes information on the business environment and country risk related to the Mexican retail environment. In addition, it analyses the key consumer trends influencing the Mexican retail industry.

What else does this report offer?

* In-depth analysis of the latest trends in consumer shopping, covering the factors driving shopping, consumer insights, market dynamics (covering 26 product categories), and reviews of the latest best practice in online retail site design
* Market insights based on consumer trends, changing economic and demographic factors, technology innovations and other macroeconomic factors.
* Retail sales and fastest-growing product categories that includes Clothing; Footwear; Books, News and Stationery; Electrical and Electronics; Food and Grocery; Health and Beauty; Furniture and Floor Coverings; Home and Garden Products; Music, Video and Entertainment Software; Sports and Leisure Equipment; Jewelry, Watches and Accessories; Luggage and Leather Goods
* Qualitative and quantitative insights of changing retail dynamics across various channels

Reasons to Get this Report

* Gain a comprehensive knowledge on 12 product sectors in the Mexican retail market and develop a competitive advantage around consumer behaviour trends from the start of your supply chain

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Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

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