Mexico Apparel Market Report And Forecast 2025-2034
Description
The Mexico apparel market size reached around USD 29.57 Billion in 2024. The market is projected to grow at a CAGR of 4.90% between 2025 and 2034, reaching almost USD 47.71 Billion by 2034.
The demand for second-hand clothing witnessed a steady increase in Mexico owing to rising consumer awareness about sustainability. For instance, online second-hand apparel retailer Go Trendier recorded a daily sale of 8640 products in 2023, indicating the rising popularity of such clothing among Mexicans due to factors such as increased accessibility and affordability. Women aged 24-45 years are major end-users of second-hand garments like jewellery, sunglasses, dresses, and blouses. The increasing demand for such clothing from women is further expected to accelerate the Mexico apparel market expansion in the coming years.
Increasing innovations in the market are driving the production of jeans, tracksuits, and other pieces of clothing from sustainable materials. For example, in March 2021, H & M entered into a partnership with Desserto to utilise its vegetable leather material for manufacturing garments for its Science Story Collection. This vegetable leather is obtained from cactus and is a high-quality, non-toxic, and cruelty-free alternative for manufacturing leather-based apparel. Hence, the growing focus on sustainability is one of the key Mexico apparel market trends.
A large number of Mexican consumers prefer online distribution channels for purchasing apparel due to their convenience and rapid home deliveries. As shopping brands work towards diversifying payment options for consumers and building trust with the older generations, the Mexico apparel market growth is expected to receive a significant boost from the expansion of online channels for distribution.
Market Segmentation
Mexico Apparel Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Formal Wear
Casual Wear
Sportswear
Nightwear
Others
Market Breakup by End User
Men
Women
Children
Market Breakup by Distribution Channel
Online
Offline
Market Breakup by Region
Baja California
Northern Mexico
The Bajío
Central Mexico
Pacific Coast
Yucatan Peninsula
Competitive Landscape
Key Mexico apparel market players are engaged in adopting sustainable manufacturing practices to minimise waste and reduce their carbon footprint.
The key market players are:
Dolce & Gabbana S.r.l
PVH Corp
Ralph Lauren Corporation
Under Armour, Inc
Nike, Inc
Adidas AG
Reebok International Limited
H & M Hennes & Mauritz AB
PUMA SE
Fila Holdings Corp
Columbia Sportswear Company
Decathlon USA LLC
Others
The demand for second-hand clothing witnessed a steady increase in Mexico owing to rising consumer awareness about sustainability. For instance, online second-hand apparel retailer Go Trendier recorded a daily sale of 8640 products in 2023, indicating the rising popularity of such clothing among Mexicans due to factors such as increased accessibility and affordability. Women aged 24-45 years are major end-users of second-hand garments like jewellery, sunglasses, dresses, and blouses. The increasing demand for such clothing from women is further expected to accelerate the Mexico apparel market expansion in the coming years.
Increasing innovations in the market are driving the production of jeans, tracksuits, and other pieces of clothing from sustainable materials. For example, in March 2021, H & M entered into a partnership with Desserto to utilise its vegetable leather material for manufacturing garments for its Science Story Collection. This vegetable leather is obtained from cactus and is a high-quality, non-toxic, and cruelty-free alternative for manufacturing leather-based apparel. Hence, the growing focus on sustainability is one of the key Mexico apparel market trends.
A large number of Mexican consumers prefer online distribution channels for purchasing apparel due to their convenience and rapid home deliveries. As shopping brands work towards diversifying payment options for consumers and building trust with the older generations, the Mexico apparel market growth is expected to receive a significant boost from the expansion of online channels for distribution.
Market Segmentation
Mexico Apparel Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Formal Wear
Casual Wear
Sportswear
Nightwear
Others
Market Breakup by End User
Men
Women
Children
Market Breakup by Distribution Channel
Online
Offline
Market Breakup by Region
Baja California
Northern Mexico
The Bajío
Central Mexico
Pacific Coast
Yucatan Peninsula
Competitive Landscape
Key Mexico apparel market players are engaged in adopting sustainable manufacturing practices to minimise waste and reduce their carbon footprint.
The key market players are:
Dolce & Gabbana S.r.l
PVH Corp
Ralph Lauren Corporation
Under Armour, Inc
Nike, Inc
Adidas AG
Reebok International Limited
H & M Hennes & Mauritz AB
PUMA SE
Fila Holdings Corp
Columbia Sportswear Company
Decathlon USA LLC
Others
Table of Contents
84 Pages
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Regions
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Latin America Apparel Market Overview
- 5.1 Key Industry Highlights
- 5.2 Latin America Apparel Historical Market (2018-2024)
- 5.3 Latin America Apparel Market Forecast (2025-2034)
- 5.4 Latin America Apparel Market Share by Country
- 5.4.1 Brazil
- 5.4.2 Mexico
- 5.4.3 Argentina
- 5.4.4 Others
- 6 Mexico Apparel Market Overview
- 6.1 Key Industry Highlights
- 6.2 Mexico Apparel Historical Market (2018-2024)
- 6.3 Mexico Apparel Market Forecast (2025-2034)
- 7 Mexico Apparel Market by Type
- 7.1 Formal Wear
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.2 Casual Wear
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 7.3 Sportswear
- 7.3.1 Historical Trend (2018-2024)
- 7.3.2 Forecast Trend (2025-2034)
- 7.4 Nightwear
- 7.4.1 Historical Trend (2018-2024)
- 7.4.2 Forecast Trend (2025-2034)
- 7.5 Others
- 8 Mexico Apparel Market by End User
- 8.1 Men
- 8.1.1 Historical Trend (2018-2024)
- 8.1.2 Forecast Trend (2025-2034)
- 8.2 Women
- 8.2.1 Historical Trend (2018-2024)
- 8.2.2 Forecast Trend (2025-2034)
- 8.3 Children
- 8.3.1 Historical Trend (2018-2024)
- 8.3.2 Forecast Trend (2025-2034)
- 9 Mexico Apparel Market by Distribution Channel
- 9.1 Online
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.2 Offline
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 10 Mexico Apparel Market by Region
- 10.1 Baja California
- 10.1.1 Historical Trend (2018-2024)
- 10.1.2 Forecast Trend (2025-2034)
- 10.2 Northern Mexico
- 10.2.1 Historical Trend (2018-2024)
- 10.2.2 Forecast Trend (2025-2034)
- 10.3 The Bajío
- 10.3.1 Historical Trend (2018-2024)
- 10.3.2 Forecast Trend (2025-2034)
- 10.4 Central Mexico
- 10.4.1 Historical Trend (2018-2024)
- 10.4.2 Forecast Trend (2025-2034)
- 10.5 Pacific Coast
- 10.5.1 Historical Trend (2018-2024)
- 10.5.2 Forecast Trend (2025-2034)
- 10.6 Yucatan Peninsula
- 10.6.1 Historical Trend (2018-2024)
- 10.6.2 Forecast Trend (2025-2034)
- 11 Market Dynamics
- 11.1 SWOT Analysis
- 11.1.1 Strengths
- 11.1.2 Weaknesses
- 11.1.3 Opportunities
- 11.1.4 Threats
- 11.2 Porter’s Five Forces Analysis
- 11.2.1 Supplier’s Power
- 11.2.2 Buyers Powers
- 11.2.3 Threat of New Entrants
- 11.2.4 Degree of Rivalry
- 11.2.5 Threat of Substitutes
- 11.3 Key Indicators for Demand
- 11.4 Key Indicators for Price
- 12 Value Chain Analysis
- 13 Competitive Landscape
- 13.1 Supplier Selection
- 13.2 Key Global Players
- 13.3 Key Regional Players
- 13.4 Key Player Strategies
- 13.5 Company Profiles
- 13.5.1 Dolce & Gabbana S.r.l.
- 13.5.1.1 Company Overview
- 13.5.1.2 Product Portfolio
- 13.5.1.3 Demographic Reach and Achievements
- 13.5.1.4 Certifications
- 13.5.2 PVH Corp.
- 13.5.2.1 Company Overview
- 13.5.2.2 Product Portfolio
- 13.5.2.3 Demographic Reach and Achievements
- 13.5.2.4 Certifications
- 13.5.3 INDITEX, S.A.
- 13.5.3.1 Company Overview
- 13.5.3.2 Product Portfolio
- 13.5.3.3 Demographic Reach and Achievements
- 13.5.3.4 Certifications
- 13.5.4 Ralph Lauren Corporation
- 13.5.4.1 Company Overview
- 13.5.4.2 Product Portfolio
- 13.5.4.3 Demographic Reach and Achievements
- 13.5.4.4 Certifications
- 13.5.5 Under Armour, Inc.
- 13.5.5.1 Company Overview
- 13.5.5.2 Product Portfolio
- 13.5.5.3 Demographic Reach and Achievements
- 13.5.5.4 Certifications
- 13.5.6 Nike, Inc.
- 13.5.6.1 Company Overview
- 13.5.6.2 Product Portfolio
- 13.5.6.3 Demographic Reach and Achievements
- 13.5.6.4 Certifications
- 13.5.7 Adidas AG
- 13.5.7.1 Company Overview
- 13.5.7.2 Product Portfolio
- 13.5.7.3 Demographic Reach and Achievements
- 13.5.7.4 Certifications
- 13.5.8 Reebok International Limited
- 13.5.8.1 Company Overview
- 13.5.8.2 Product Portfolio
- 13.5.8.3 Demographic Reach and Achievements
- 13.5.8.4 Certifications
- 13.5.9 H & M Hennes & Mauritz AB
- 13.5.9.1 Company Overview
- 13.5.9.2 Product Portfolio
- 13.5.9.3 Demographic Reach and Achievements
- 13.5.9.4 Certifications
- 13.5.10 PUMA SE
- 13.5.10.1 Company Overview
- 13.5.10.2 Product Portfolio
- 13.5.10.3 Demographic Reach and Achievements
- 13.5.10.4 Certifications
- 13.5.11 Fila Holdings Corp.
- 13.5.11.1 Company Overview
- 13.5.11.2 Product Portfolio
- 13.5.11.3 Demographic Reach and Achievements
- 13.5.11.4 Certifications
- 13.5.12 Columbia Sportswear Company
- 13.5.12.1 Company Overview
- 13.5.12.2 Product Portfolio
- 13.5.12.3 Demographic Reach and Achievements
- 13.5.12.4 Certifications
- 13.5.13 Decathlon USA LLC
- 13.5.13.1 Company Overview
- 13.5.13.2 Product Portfolio
- 13.5.13.3 Demographic Reach and Achievements
- 13.5.13.4 Certifications
- 13.5.14 Others
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