Apparel & Non-Apparel Manufacturing 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 apparel & non-apparel manufacturing market is segmented into apparel and non-apparel products. The market value refers to the revenue generated by apparel and non-apparel manufacturers in a specific year.
- The Mexican apparel & non-apparel manufacturing market recorded revenues of $17.82 billion in 2023, representing a compound annual growth rate (CAGR) of 7.8% between 2018 and 2023.
- The apparel segment accounted for the market's largest proportion in 2023, with total revenues of $15.39 billion, equivalent to 86.4% of the market's overall value.
- The Mexican apparel & non-apparel manufacturing market is influenced by its role as a major manufacturing hub for North American brands, driven by competitive labor costs and proximity to the US market. Domestic demand is growing due to increasing urbanization and economic development. The rising emphasis on sustainability and green fashion, driven by eco-conscious consumers, pushes manufacturers to adopt environmentally friendly practices and materials, boosting demand for sustainable products. For instance, according to GlobalData, the Mexican green fashion market value stood at $53.5 million in 2023, an increase of 13.2% from the previous year.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the apparel & non-apparel manufacturing market in Mexico
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the apparel & non-apparel manufacturing market in Mexico
- Leading company profiles reveal details of key apparel & non-apparel manufacturing market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Mexico apparel & non-apparel manufacturing market with five year forecasts
Reasons to Buy
- What was the size of the Mexico apparel & non-apparel manufacturing market by value in 2023?
- What will be the size of the Mexico apparel & non-apparel manufacturing market in 2028?
- What factors are affecting the strength of competition in the Mexico apparel & non-apparel manufacturing market?
- How has the market performed over the last five years?
- Who are the top competitors in Mexico's apparel & non-apparel manufacturing 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:
- PVH Corp
- VF Corp
- NIKE Inc
- Levi Strauss & Co.
