PROSPECTS AND OPPORTUNITIES
New imports tariffs imposed by US may affect exports of appliances and electronics
Due to US president Donald Trump imposing a new 25% tariff to exports from Mexico, announced in February 2025, Mexico’s exports for appliances and electronics may suffer. Exports of televisions, mobile phones, computers and home appliances account for an important share of Mexico’s total exports.
Innovation and increasing competition from Asian markets as two biggest challenges for appliances
Global competition, the speed of technological advances and the demand for more sustainable products are some of the main challenges that appliances in Mexico face. Asia is one of the principal competitors, as such products originating from the region tend to be comparatively cheap due to low production costs and rapid manufacturing development.
Customer experience and sustainability will play a key role
The customer experience and sustainability are two factors which are expected to play an increasingly important role over the forecast period in Mexico. Added value services and positive in-store customer experiences will add a competitive edge.
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Overview:
Understand the latest market trends and future growth opportunities for the Appliances and Electronics Specialists industry in Mexico with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Appliances and Electronics Specialists industry in Mexico, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Appliances and Electronics Specialists in Mexico report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Appliances and Electronics Specialists in Mexico?
- Which are the leading retailers in Appliances and Electronics Specialists in Mexico?
- How is the rise of e-commerce and the expansion of modern grocery retail impacting traditional retail?
- How has the impact of COVID-19 and national lockdown impacted consumer demand?
- Which formats have benefited the most from stockpiling and enforced home seclusion?
- How will the wider economic impact of COVID-19 shape the retail landscape in the future?
- Where is future growth expected to be most dynamic?
Appliances and Electronics Specialists in Mexico - Category analysis
KEY DATA FINDINGS
Appliances and electronics among most-bought products during promotional seasons
iShop and Steren continue to rise
RadioShack keeps closing stores but grows revenue
New imports tariffs imposed by US may affect exports of appliances and electronics
Innovation and increasing competition from Asian markets as two biggest challenges for appliances
Customer experience and sustainability will play a key role
Retail in Mexico - Industry Overview
Retail in 2024: The big picture
Artificial intelligence spearheads innovation in Mexico’s retail landscape
Investing in omnichannel capabilities is key for success
What next for retail?
Informal retail
Opening hours for physical retail
Seasonality
Christmas Season
Back to School
Hot Sale
Buen Fin
DISCLAIMER
Appliances and Electronics Specialists
Appliances and electronics specialists are chained or independent retail outlets with a primary focus on selling one or more of the following categories: domestic electrical appliances, consumer electronics (including mobile phones), and/or computers and peripherals. Appliances and electronics specialists value sales excludes revenues derived from telecoms service plans and top-up cards. Example brands include Apple, Best Buy, and Gome.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Appliances and Electronics Specialists research and analysis database.
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