Mexico Footwear Retail Market Summary, Competitive Analysis and Forecast to 2027

Key Highlights

• The footwear market includes total revenues generated through the sales of all types of men's, women's, and children's shoes.
• The Mexican footwear market had total revenues of $6.2 billion in 2022, representing a compound annual growth rate (CAGR) of 2.9% between 2017 and 2022.
• The women's footwear segment accounted for the market's largest proportion in 2022, with total revenues of $2.7 billion, equivalent to 43.6% of the market's overall value.
• Factors such as reducing unemployment, rising disposable income, and a high standard of living are contributing to the growth of the Mexican footwear market. For instance, according to in-house research, in 2022, the net household disposable income in Mexico reached $904.4 billion, up 5% over 2021.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the footwear retail market in Mexico
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the footwear retail market in Mexico
• Leading company profiles reveal details of key footwear retail market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the Mexico footwear retail market with five year forecasts by both value and volume

Reasons to Buy

• What was the size of the Mexico footwear retail market by value in 2022?
• What will be the size of the Mexico footwear retail market in 2027?
• What factors are affecting the strength of competition in the Mexico footwear retail market?
• How has the market performed over the last five years?
• Who are the top competitiors in Mexico's footwear retail market?