PROSPECTS AND OPPORTUNITIES
Urban growth and lifestyle changes drive demand for personalised, tech-enabled, and sustainable homewares
Homewares is expected to see current value growth in Mexico over the forecast period, while sales stagnate at constant 2024 prices. As urbanisation continues and housing development expands, there is a growing demand for homewares to furnish new living spaces.
Digital innovation and rising connectivity anticipated to reshape homewares retail into a more personalised and accessible experience
As consumers increasingly rely on online platforms for their shopping needs, homeware brands are leveraging advanced digital strategies to engage with a broader audience. Enhanced internet connectivity and streamlined digital payment systems have bolstered the confidence of shoppers, encouraging them to explore a wider range of products from the comfort of their homes.
Mexican homeware brands to thrive through design innovation and sustainability over the forecast period
Mexican homeware brands are increasingly blending contemporary design elements with traditional craftsmanship to create unique products that resonate both locally and internationally. This innovative approach often involves adopting sustainable materials and incorporating smart home functionalities into everyday products, aligning with the growing consumer emphasis on environmental responsibility and modern convenience.
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Overview:
Understand the latest market trends and future growth opportunities for the Homewares 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 Homewares 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 Homewares 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 Homewares in Mexico?
- Which are the leading brands in Homewares in Mexico?
- How are products distributed in Homewares in Mexico?
- How is the rise of e-commerce changing the retail and competitive landscape?
- Have home seclusion and social distancing measures following COVID-19 benefited sales of Homewares?
- Has the economic fall-out of COVID-19 negatively or positively impacted consumer interest and demand for Homewares?
- Where is future growth expected to be most dynamic?
Homewares in Mexico - Category analysis
KEY DATA FINDINGS
Rising incomes, urban growth, and sustainability trends are driving demand for modern and eco-friendly homewares in Mexico
Grupo Vasconia leads with innovation and cost efficiency, while Zara Home gains ground through digital and lifestyle-focused strategies
Homewares and home furnishing stores retains leadership through curated offerings, while e-commerce accelerates with tech-driven convenience
Urban growth and lifestyle changes drive demand for personalised, tech-enabled, and sustainable homewares
Digital innovation and rising connectivity anticipated to reshape homewares retail into a more personalised and accessible experience
Mexican homeware brands to thrive through design innovation and sustainability over the forecast period
Home and Garden in Mexico - Industry Overview
Home and garden in 2024: The big picture
2024 key trends
Competitive landscape
Retail developments
What next for home and garden?
DISCLAIMER
The following categories and subcategories are included:
Homewares
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- Beverageware
- Cutlery
- Dinnerware
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- Ovenware
- Stove Top Cookware
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- Food Storage
- Kitchen Utensils
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Homewares
Cooking utensils, dishes, tableware, cutlery, drinkware, serving trays and other small articles used in a home. Items must be new when sold to the consumer. Second-hand / used homewares are excluded, as are antique sales. Homewares refers to dining (beverageware, cutlery and dinnerware) and kitchen (cookware and kitchenware).
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 Homewares research and analysis database.
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