+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Consumer Lifestyles in Mexico

  • PDF Icon

    Report

  • 70 Pages
  • November 2021
  • Region: Mexico
  • Euromonitor International
  • ID: 228436
Consumer Lifestyles offers valuable insights into key consumer attitudes and current thinking, and their impact on purchasing and consumption habits; quantifying behaviours, preferences and motivations and aligning them with broader trends in Mexico

The Consumer Lifestyles in Mexico report analyses factors influencing national consumer expenditure. Consumer lifestyles reports include coverage of: population, urban development, home ownership, household profiles, labour, income, consumer and family expenditure, health, education, eating habits, drinking habits, shopping habits, personal grooming, clothing, leisure habits, savings and investments, media, communication, transport and travel and tourism. Use this report to understand the factors influencing a nation's lifestyle choices.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the Consumer Overview market;
  • Pinpoint growth sectors and identify factors driving change;
  • Understand the competitive environment, the market’s major players and leading brands;
  • Use five-year forecasts to assess how the market is predicted to develop.

The publisher has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, the publisher has a unique capability to develop reliable information resources to help drive informed strategic planning.
  • Consumer landscape 2021
  • Life priorities
  • Although Mexicans have strong family ties, over half prioritise “me time”
  • Time for friends is not prioritised as much as global average
  • Younger generations more focused on time for their favourite activities
  • Consumers look for things that make them stand out from the crowd
  • Tailored and curated experiences are more valued by Millennials
  • Trying new products and services valued by over 70% of consumers
  • High percentage only buy from companies/brands that they trust
  • Home life
  • Homes are a hub of activity especially with the addition of home working
  • All generations regularly connecting with friends and family virtually
  • Homes in a safe location with access to an outside space top priorities
Living in a home with smart functionality appeals most to Gen Z
  • Eating habits
  • Despite high levels of home cooking, food delivery/takeaway popular
  • Gen Z not cooking at home as regularly as other cohorts
  • Consumers enjoy foods that offer health and nutritional benefits
  • Millennials adopting a more flexitarian diet
  • Consumers enjoy snacking although nearly half have scheduled mealtimes
  • Gen Z least likely to eat their meals at the same time each day
  • Working life
  • Work-life balance and job security most important work priorities
  • Work-life balance most desirable work-related factor for all cohorts
  • High salaries more important for younger generations
  • Workforce is looking for more flexible working arrangements
  • Gen Z want more flexibility and break away from regular working hours
  • Sustainable living
  • Mexican consumers have most faith in recyclable labels
  • All cohorts are trying to have a more positive impact on the planet
  • Most focus is on reducing use of plastics and using less water
  • Baby Boomers most actively engaging with green behaviours
  • Over half of respondents say they are using sustainable packaging
  • Baby Boomers more inclined to repair than replace items
  • Consumers like to buy from brands that support their values
  • Older generations more inclined to share their opinions on social media
  • Leisure habits
  • Socialising with friends online surges during the pandemic
  • Millennials are the biggest online socialisers
  • In-person socialising not as frequent as virtual get-togethers
  • Millennials and Gen X are the most avid cinema-goers of all cohorts
  • Domestic leisure trips more popular as overseas travel stymied
  • Travellers look for destinations where they can relax with no extra costs
  • Gen Z select all-inclusive holidays as their top travel feature
  • Health and wellness
  • Nearly 75% exercise every week to improve their health/wellbeing
  • Over half of respondents say they walk or hike for exercise every week
  • Millennials exercise by running nearly as much as walking every week
  • Herbal remedies are more popular than the global average
  • Millennials are biggest users of sleep aids and herbal remedies
  • Shopping habits
  • Consumers are focusing their attention on buying less, but higher quality
  • Millennials more likely to seek out personalised shopping experiences
  • Friends and family have strongest influence on buying choices
  • All cohorts are most influenced by friends and family recommendations
  • Subscription service users are most motivated by the convenience
  • Shoppers most motivated to shop in-store to see and try and take home
  • Baby Boomers feel that stores are more trustworthy than other cohorts
  • Consumers shop online for best price, brand variety and free delivery
  • Gen X more inclined to shop online for best prices
  • Technology
  • Nearly 60% actively manage their data sharing and privacy settings
  • Millennials show stronger preference to communicate online
  • Higher share of gaming system console ownership than global average
  • Nearly a quarter of respondents own a smartwatch
  • Frequency of most online activities higher than global average
  • Millennials make most use of online health-related and medical sites

Loading
LOADING...