The market is dominated by foreign suppliers, as imports account for 85.4% of total market size in 2024. Investments drive market demand, with investments representing 55.6% of total demand in 2024. Mexico has the second largest market size for machinery for textile and apparel production regionally, with demand reaching USD1.1 billion in 2024. ITG Mexico SA de CV is the largest company in Mexico, generating 19.1% of the industry’s total production value in 2024. The industry is fragmented, with the top five companies generating 27.2% of total production value in 2024. The total number of companies increases in 2024, to 8,637 units. The costs of the industry increase by 3.1% in 2024, largely driven by rising labour costs. The industry’s profitability decreases and stands at 10.6% of production value in 2024, the third highest regionally. The industry’s exports share decreases in 2024 to 28.7% of total production output. With production value of USD216 million, Mexico accounts for 31.4% of the Latin America total in 2024.
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Overview:
This Euromonitor industrial report provides unique information on Machinery for Textile and Apparel Production in Mexico: ISIC 2926. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Machinery for Textile and Apparel Production in Mexico: ISIC 2926 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
The Machinery in Mexico report includes:
- Five year forecasts on industry’s historic trends and growth
- Insights on key factors shaping industry’s historic and future performance
- Historic data on industry’s turnover, market size, imports and exports
- Detailed overview of industry’s supply and demand structure
- Analysis of competitive landscape changes within the industry
This report answers:
- What is the turnover of the Machinery?
- How the Machinery will perform in the future?
- Which categories are driving industry's growth?
- Which factors will shape industry’s performance?
- What is the industry’s costs and demand structure?
- How profitable is the industry?
- Is industry’s competitive landscape concentrated or fragmented?
Machinery for Textile and Apparel Production in Mexico: ISIC 2926
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MARKET OVERVIEW
Machinery
This is the aggregation of general purpose machinery and special purpose machinery.
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