Market Size in 2024: USD 475.2 billion

Market Forecast in 2033: USD 698.8 billion

Market Growth Rate 2025-2033: 4.38%

According to the latest report by IMARC Group, the Mexico retail market size reached USD 454.5 billion in 2025. Looking forward, IMARC Group expects the market to reach USD 698.8 billion by 2034, exhibiting a growth rate (CAGR) of 4.38% during 2025-2033.

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Mexico Retail Industry Trends and Drivers:

The Mexico retail industry is expanding steadily due to rising consumer spending, urbanization, and increasing disposable income, which is driving demand for diverse products such as groceries, apparel, and electronics. Changing lifestyles are encouraging consumers to seek convenience and variety, while retailers are expanding stores to improve accessibility. At the same time, the growth of e-commerce and digital technologies is transforming the industry, with retailers investing in online platforms, mobile apps, and efficient delivery systems to enhance customer experience, improve engagement, and support overall retail market growth.

Mexico Retail Industry Segmentation:

The report has segmented the market into the following categories:

Product information:

Food and drinks

Personal and home care

Clothing, footwear and accessories

Furniture, Toys and Hobbies

Electronic devices and household appliances

Others

Information about the distribution channel:

Supermarkets and hypermarkets

Convenience stores

Specialty stores

Online stores

Others

Regional perspectives:

Northern Mexico

Central Mexico

Southern Mexico

Others

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Competitive Landscape:

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant. Additionally, the report features detailed profiles of all major companies in the Mexico retail industry.

Key highlights of the report:

Market Performance (2019-2024)

Market Outlook (2025-2033)

COVID-19 Impact on the Market

Porter's Five Forces Analysis

Strategic Recommendations

Historical, Current and Future Market Trends

Market Drivers and Success Factors

SWOT Analysis

Structure of the Market

Value Chain Analysis

Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps organizations create lasting impact through market entry and expansion services. Its offerings include market assessment, feasibility studies, company setup support, regulatory guidance, and strategic advisory. The firm also provides branding, marketing, competitive analysis, pricing research, and procurement insights to help businesses make informed decisions and achieve sustainable growth.

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