
Mexico Home Improvement
Description
Home Improvement in Mexico
Mexico’s home improvement market saw substantial current value growth in 2023 as consumers retained an interest in undertaking home renovation tasks. The growing housing and construction markets as well as record low unemployment and real wage growth drove consumers to continue investing in their living spaces. Furthermore, as the average home size is relatively small in Mexico, consumers seek innovative ways to beautify their homes without relying on furniture replacements.
Euromonitor International's Home Improvement in Mexico report offers a comprehensive guide to the size and shape of market demand at a national level. It provides the latest retail sales data (historic date range), allowing you to identify the categories driving growth. It also identifies the leading companies and their brands, and offers strategic analysis of key factors influencing demand - from new product developments, consumer lifestyles, route to market and pricing issues. Forecasts to 2028 illustrate how market demand is expected to evolve in the medium-term
Product coverage: Bathroom and Sanitaryware, Floor Covering, Hand Tools, Hardware, Home Paint, Kitchen Sinks, Other Home Improvement, Power Tools, Wall Covering.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
* Get a detailed picture of the Home Improvement market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.
Table of Contents
21 Pages
- Home Improvement in Mexico
- Euromonitor International
- May 2024
- List Of Contents And Tables
- HOME IMPROVEMENT IN MEXICO
- KEY DATA FINDINGS
- 2023 DEVELOPMENTS
- Home improvement posts robust value growth, in line with growth in the construction market
- Strong presence of both local and international players
- Desire for convenience is changing trends in floor covering
- PROSPECTS AND OPPORTUNITIES
- Decorative paints forecast to see growth due to nearshoring of paint players
- Growing focus on sustainability across home improvement
- Consumers’ reliance on installation services to constrain growth of retail e-commerce, but some categories to continue to benefit
- CATEGORY DATA
- Table 1 Sales of Home Improvement by Category: Value 2018-2023
- Table 2 Sales of Home Improvement by Category: % Value Growth 2018-2023
- Table 3 NBO Company Shares of Home Improvement: % Value 2019-2023
- Table 4 LBN Brand Shares of Home Improvement: % Value 2020-2023
- Table 5 Distribution of Home Improvement by Format: % Value 2018-2023
- Table 6 Forecast Sales of Home Improvement by Category: Value 2023-2028
- Table 7 Forecast Sales of Home Improvement by Category: % Value Growth 2023-2028
- HOME AND GARDEN IN MEXICO
- EXECUTIVE SUMMARY
- Home and garden in 2023: The big picture
- 2023 key trends
- Competitive landscape
- Retailing developments
- What next for home and garden?
- MARKET DATA
- Table 8 Sales of Home and Garden by Category: Value 2018-2023
- Table 9 Sales of Home and Garden by Category: % Value Growth 2018-2023
- Table 10 NBO Company Shares of Home and Garden: % Value 2019-2023
- Table 11 LBN Brand Shares of Home and Garden: % Value 2020-2023
- Table 12 Penetration of Private Label in Home and Garden by Category: % Value 2018-2023
- Table 13 Distribution of Home and Garden by Format: % Value 2018-2023
- Table 14 Distribution of Home and Garden by Format and Category: % Value 2023
- Table 15 Forecast Sales of Home and Garden by Category: Value 2023-2028
- Table 16 Forecast Sales of Home and Garden by Category: % Value Growth 2023-2028
- DISCLAIMER
- SOURCES
- Summary 1 Research Sources
Pricing
Currency Rates
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