Advertising in Mexico industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The advertising industry consists of revenues gained by any advertising activities or agencies providing advertising services, including display advertising services.
- The Mexican advertising industry had total revenues of$6.98 billion in 2023, representing a compound annual growth rate (CAGR) of 2.5% between 2018 and 2023.
- The food, beverage & personal/healthcare segment accounted for the industry's largest proportion in 2023, with total revenues of$3.94 billion, equivalent to 56.5% of the industry's overall value.
- The growth in the Mexican advertising industry is influenced by several macroeconomic factors, such as rising GDP, growing consumer confidence, and an increase in advertising spending. For instance, according to the Instituto Nacional de Estadística y Geografía (INEGI), Mexico's consumer confidence index increased to 47.30 points in March 2024 from 47.20 points in February 2024.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the advertising market in Mexico
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the advertising market in Mexico
- Leading company profiles reveal details of key advertising market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Mexico advertising market with five year forecasts
Reasons to Buy
- What was the size of the Mexico advertising market by value in 2023?
- What will be the size of the Mexico advertising market in 2028?
- What factors are affecting the strength of competition in the Mexico advertising market?
- How has the market performed over the last five years?
- Who are the top competitors in Mexico's advertising market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- The Interpublic Group of Companies, Inc.
- Publicis Groupe SA
- WPP plc
- Havas SA