PROSPECTS AND OPPORTUNITIES
Revolutionising footwear: The impact of AI on design and customisation
At SAPICA 2024, Mexico’s largest footwear fair, a project was presented showcasing how artificial intelligence (AI) is transforming footwear design. This technology allows designers to input multiple instructions, generating real-time visualisations of changes in patterns, colours, and styles.
The skate aesthetic’s fashion renaissance
Amongst the main trends in footwear, the resurgence of the skate aesthetic has been seen in the fashion world. This comeback is manifested in the reappearance of iconic 90s brands such as Ecko and DC, which have relaunched their lines with a renewed focus.
Brands are paving the way for sustainable footwear
Footwear, like many other categories, is facing increasing pressure to adopt more sustainable and environmentally-friendly practices. In response, many companies are re-evaluating and transforming their production processes to reduce their environmental footprint.
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Overview:
Understand the latest market trends and future growth opportunities for the Footwear 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 Footwear 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 Footwear 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 Footwear in Mexico?
- Which are the leading brands in Mexico?
- How are products distributed in Mexico?
- How is the rise of e-commerce shaping demand?
- What % of apparel and footwear sales are made via grocery retailers?
- Do consumers want premium quality or fast fashion?
- How will COVID-19 and recession impact demand?
- How important is sustainability in Footwear in Mexico?
- Where is future growth expected to be most dynamic?
Footwear in Mexico - Category analysis
KEY DATA FINDINGS
Inflation and competition from Asian brands impact footwear
Mexican footwear industry demands action against Chinese import dumping
Loss of Timberland contract leads to major closure for Flexi in Guanajuato
Revolutionising footwear: The impact of AI on design and customisation
The skate aesthetic’s fashion renaissance
Brands are paving the way for sustainable footwear
Apparel and Footwear in Mexico - Industry Overview
Apparel and footwear in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
What next for apparel and footwear?
DISCLAIMER
The following categories and subcategories are included:
Footwear
- Children's Footwear
- Men's Footwear
- Women's Footwear
Footwear
This is the aggregation of children's footwear, men's footwear and women's footwear. Includes all men’s, women’s and children’s outdoor and indoor shoes made of materials as leather, fabric or plastic. Outdoor shoes includes all dress shoes, trainers, sports shoes, sandals, boots, pumps, and high heels. Indoor shoes includes house-shoes and slippers. Items must be new when sold to the consumer; second-hand/used footwear is excluded. Antique and/or vintage footwear is also excluded. Sports footwear (broken out as a separate category) is included in total footwear figure. One pair of footwear constitutes one volume unit.
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 Footwear research and analysis database.
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