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Mexico Retail Report Q3 2015

61 Pages BMI Research April 29, 2015 SKU: BMI5545091

Mexico Retail Report Q3 2015

BMI View: Between 2015 and 2019, rising total household incomes, falling unemployment and the relativestability of the economy will continue to provide opportunity for foreign investment within the retail sector.

The growing affluence of the population is a key driver behind our forecast that sub-sectors comprisedlargely of non-essentials will experience strong rates of growth, as demand increases, throughout theforecast period.

Total household spending is forecast to experience steady growth rates throughout our period, acceleratingslightly towards the end, which will have positive implications on the Mexican retail sector, as well as onthe economy as a whole. As the population as a whole become more affluent, the proportion of thepopulation now meeting the middle-class earning criteria is rising, creating difference investmentopportunities within the retail sector. Recreation and culture spending, restaurant and hotel spending,personal, insurance and other spending as well as spending on alcohol and tobacco are expect toexperience the greatest growth rates between 2015 and 2019. All of these sub-sectors are predominantlycomprised of non-essentials which demonstrates that retail spending is moving towards luxury purchases.

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Mexico Retail Report Q3 2015

BMI Research
April 29, 2015

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