Apparel, Costume Jewelry & Accessories Retailers in Mexico - Industry Market Research Report

Decked out: Increases in consumer spending and the CPI are expected to continue driving revenue growth

Apparel, Costume Jewelry & Accessories Retailers in Mexico
Favorable macroeconomic conditions in Mexico have boosted industry revenue over the five years to 2019. Since the majority of products in this industry are discretionary, increases in consumer spending directly stimulate industry revenue. Additionally, growth in the consumer price index (CPI) means that the products purchased are more expensive and therefore contribute more to industry revenue. Over the five years to 2024, the same positive conditions will continue to boost revenue. A projected increase in the Consumer Confidence Index is likely to benefit the industry, alongisde continued growth in consumer spending and the CPI.This industry comprises establishments primarily engaged in the specialized retail trade of new clothing, goods from leather, fur and substitute materials, jewelry and clothing accessories, disposable diapers and sanitary towels. Establishments that exclusively retail either footwear, jewelry, handcrafted products or goods from leather, fur and substitute materials are excluded from this industry, as are retailers of used jewelry and clothing accessories. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.