How big is the Mexico E-commerce Market?

The Mexico E-commerce Market size is expected to reach USD 28.95 billion in 2024 and grow at a CAGR of 13.27% to reach USD 53.97 billion by 2029. Read More

What is the current Mexico E-commerce Market size?

In 2024, the Mexico E-commerce Market size is expected to reach USD 28.95 billion. Read More

Who are the key players in Mexico E-commerce Market?

Amazon, Walmart, Coppel, Costco and MercadoLibre, Inc. are the major companies operating in the Mexico E-commerce Market. Read More

What years does this Mexico E-commerce Market cover, and what was the market size in 2023?

In 2023, the Mexico E-commerce Market size was estimated at USD 25.11 billion. The report covers the Mexico E-commerce Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Mexico E-commerce Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the major challenges faced by the E-Commerce Market in Mexico?

Major challenges faced by the Ecommerce Market are a) Logistical inefficiencies b) Limited internet access in rural areas c) Concerns about online payment security d) Strong competition from both local and international players Read More

Mexico E-commerce Market Analysis | Growth Forecast, Size & Industry Report Insights

Mexico E-commerce Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Mexico E-Commerce Market Report is Segmented by B2C E-Commerce (Beauty and Personal Care, Consumer Electronics, Fashion and Apparel, Food and Beverage, Furniture and Home, and Others) and B2B E-Commerce. The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Mexico E-commerce Industry Overview

Mexico’s e-commerce market is fragmented in nature. Key major players include Amazon, Walmart, MercadoLibre, Coppel, and Costco. These major players account for a considerable percentage of online sales in the region and actively participate in partnerships and product innovations to gain more market share.

June 2024: TJX announced its expansion into Mexico through a partnership with Grupo Axo. Grupo Axo, which operates full-price and off-price brands in Mexico and South America, will help TJX grow its off-price retail presence in Mexico. This expansion includes over 200 locations, such as Promoda, Reduced, and Urban Store outlets. TJX joins Ulta, which also partnered with Axo to enter the Mexican market, catering to Mexico's fashion and value-conscious consumers.
May 2024: Nestlé Purina is channeling approximately USD 223.78 million into the expansion of its pet food facility in Silao, Mexico. This initiative will introduce a third production line for wet pet food and a fourth line for dry pet food, propelling the factory to become the largest pet food production facility in Latin America.