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Mexico Retail Report Q2 2016

Mexico Retail Report Q2 2016

BMI View: Growing household income will continue to drive growth in the middle class and uplift theMexican population over the 2016-2020 forecast period. Rising employment and a stable political andeconomic outlook will dampen volatility in the country and foster steady growth in household spending, asmore disposable income becomes available to consumers, despite the effect of recent interest rate hikes.

Together, these factors will expand the consumer market and bolster consumer confidence, creating afavourable environment for retailers as internal consumption and economic activity expand. Growth acrossall sub-sectors will be strong, but e-commerce and online sales can be expected to see explosive upwardtrajectory. Additionally, the food & drinks sub-sector will continue to see the emergence of higher valuepremium brands as consumers seek more aspirational products and brands.

Key Views & Developments

We expect household consumption to continue to improve, thanks to a stronger labour market(unemployment stands at 4.1%, beating the US's 5.0%), and higher wages. This will be further supportedby low inflation), which will help support real purchasing power.

BMI Industry View
Industry Forecast
Headline Retail Forecast
Table: Total Household Spending (Mexico 2013-2020)
Table: Retail Sector Spending, % Of Total (Mexico 2013-2020)
Table: Retail Sector Spending, % of GDP (Mexico 2013-2020)
Table: Headline Retail Sector Spending (Mexico 2013-2020)
Retail Sector Forecast
Food, Drink & Tobacco
Table: Food, Drink & Tobacco Spending (Mexico 2013-2020)
Clothing And Footwear
Table: Clothing & Footwear Spending (Mexico 2013-2020)
Household Goods
Table: Household Goods Spending (Mexico 2013-2020)
Personal Care And Effects
Table: Personal Care Spending (Mexico 2013-2020)
Household Numbers And Income Forecast
Table: Household Income Data (Mexico 2013-2020)
Table: Labour Market Data (Mexico 2013-2020)
Demographic Forecast
Table: Total Population (Mexico 2013-2020)
Table: Population: Babies (Mexico 2013-2020)
Table: Population: Young Children (Mexico 2013-2020)
Table: Population: Children (Mexico 2013-2020)
Table: Population: Young Teens and Older Children (Mexico 2013-2020)
Table: Population: Young People (Mexico 2013-2020)
Table: Population: Older Teenagers (Mexico 2013-2020)
Table: Population: 21yrs + (Mexico 2013-2020)
Table: Population: Young Adults (Mexico 2013-2020)
Table: Population: Middle Aged (Mexico 2013-2020)
Table: Population: Urban (Mexico 2013-2020)
Industry Risk Reward Ratings
Latin America Risk/Reward Index
Table: Latin America Retail Risk/Reward Index, Q216
Mexico Risk/Reward Index
Market Overview
Competitive Landscape
Clothing & Footwear
Table: Major Clothing And Footwear Retailers
Household Goods
Table: Major Household Goods Retailers
Table: Major Electronics Retailers
Department Stores
Table: Major Department Stores
Table: Major E-commerce Retailers
Pharmacies And Drug Stores
Table: Major Pharmacies and Drug Stores
Industry Forecast Methodology
Risk/Reward Index Methodology
Table: Retail Risk/Reward Index Indicators
Table: Weighting Of Indicators

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