"Electricals Retailing in Mexico, Market Shares, Summary and Forecasts to 2021", provides data for historic and forecast retail sales, and also includes information on the business environment and country risk related to the Mexico retail environment. In addition, it analyzes the key consumer trends influencing Mexican electricals retail market.
The electricals market is being driven by rising disposable income and a decline in prices leading to a robust CAGR of 7.2% during 2016 -2021, reaching a value of Mex$463.6 billion.Elektra is the top retailer in terms of market share with an 13.8% share as of 2016. Department store retailer Coppel is the second-largest retailer with a share of 11.8% in 2016.
What else does this report offer?
- In-depth analysis of the latest trends in consumer shopping, covering the factors driving shopping, consumer insights, market dynamics
- The report also details major retailers in electricals category group with their product proposition analysis and market positioning in 2016 along with recent key developments
- Market insights based on consumer trends, changing economic and demographic factors, technology innovations, and other macroeconomic factors
- Retail sales and the fastest-growing product categories in electricals sector
- Qualitative and quantitative insights of changing retail dynamics in electricals sector
- Electricals sector in Mexico registered sales of Mex$328.3 billion in 2016, having registered a healthy growth over the past five years.
- The Mexican electricals sector is fairly consolidated with top 10 retailers commanding a market share of 43% in 2016.
- Retailers are adopting omnichannel strategies to expand their presence to attract a wider customer base.
- Gain a comprehensive knowledge on electricals sector in Mexican retail market and develop a competitive advantage from the start of your supply chain
- Investigate current and forecast behavior trends in electricals category to identify the best opportunities to exploit
- Analysis of key international and domestic players operating in the electricals market
- Explore novel opportunities that will allow you to align your product offerings and strategies to meet demand by analyzing the vital economic and population trends, key consumer and technology trends influencing the electricals market.