How big is the Mexico Retail Market?

The Mexico Retail Market size is expected to reach USD 94.40 billion in 2024 and grow at a CAGR of greater than 5% to reach USD 122.70 billion by 2029. Read More

What is the current Mexico Retail Market size?

In 2024, the Mexico Retail Market size is expected to reach USD 94.40 billion. Read More

Who are the key players in Mexico Retail Market?

Walmart International, El Puerto de Liverpool, FEMSA ComercioSA, Coppel SA de CV and Carrefour are the major companies operating in the Mexico Retail Market. Read More

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

In 2023, the Mexico Retail Market size was estimated at USD 89.68 billion. The report covers the Mexico Retail Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Mexico Retail Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the key factors driving the growth of the Mexico Retail Market?

The key factors driving the growth of the Mexico Retail Market are a) Increasing consumer preference for convenient shopping experiences (e.g., mobile shopping apps) b) Economic prosperity leading to more discretionary spending c) Rise of e-commerce and omnichannel retail strategies d) Growing focus on sustainability and ethical consumption Read More

Mexico Retail Market Size

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

The Report Covers Retail Stores in Mexico. The Market is Segmented by Product (Food and Beverage and Tobacco Products, Personal and Household Care, Apparel, Footwear and Accessories, Furniture, Toys, and Hobby, Industrial and Automotive, Electronic and Household Appliances, and Other Products), Distribution Channel (Hypermarkets and Supermarkets, Convenience Stores and Department Stores, Specialty Stores, Online, and Other Distribution Channels). The Report Offers Market Size and Forecasts in Value (USD) for all the Above Segments.

Mexico Retail Industry Overview

The Mexican retail market is fragmented. In terms of market share, few of the major players currently dominate the market. However, with technological advancement and product innovation, midsize to smaller companies are increasing their market presence by securing new contracts and tapping new markets. The major market players are Walmart International, El Puerto de Liverpool, FEMSA ComercioSA, Coppel SA de CV, and Carrefour.