Market size and recent performance (2009-2024)
Industry revenue has grown at a CAGR of 0.8% over the past five years, to reach an estimated $128.7bn in 2019.
Trends and Insights
- Operators are subject to intense price-based competition, since many sell the same variety and types of products
- Additional trends and insights available with purchase
Biggest companies in the Apparel, Costume Jewelry & Accessories Retailers in Mexico
| Company
2019 | Market Share (%)
2019 | Revenue ($m)
2019 | Profit ($m)
2019 | Profit Margin (%)
2019 |
|---|---|---|---|---|
Zara SA | ||||
The Gap Inc. | ||||
Hennes & Mauritz AB |
To view the market share and analysis for all 4 top companies in this industry, view purchase options.
Products & Services Segmentation
Industry revenue is measured across several distinct product and services lines, including Apparel, Leather and fur apparel and accessories and Jewelry. Apparel is the largest segment of the Apparel, Costume Jewelry & Accessories Retailers in Mexico.
Trends and Insights
• Apparel accounts for the largest percentage of revenue at 39.2%.
- This segment comprises men's, women's, children's and infant apparel, including all tops and bottoms as well as athletic apparel, formal wear, jackets and coats.
- More insights available in the full report
Table of Contents
About this industry
Industry definition
The Apparel, Costume Jewelry & Accessories Retailers industry in Mexico includes establishments that focus on the retail trade of new clothing, goods from leather, fur and substitute materials, jewelry and clothing accessories, specialized disposable diapers and sanitary towels and school and work uniforms. Establishments dedicated exclusively to the specialized trade of either footwear, jewelry, handcrafted products, apparel, goods from leather, fur and substitute materials or used jewelry, clothing and accessories are excluded from this industry. Instead, industry establishments typically sell a variety of clothing and accessories in their retail locations. This industry has been growing in line with Mexico's economy. Over the five years to 2019, industry revenue is anticipated to increase at an annualized rate of 0.8% to MXN $128.7 billion, including an increase of 1.8% in 2019 alone.
What's included in this industry?
Retailing apparel, including men's, women's, children's and infant clothingRetailing fur & leather clothing and accessoriesRetailing jewelryRetailing other accessories, including sunglasses, hats, scarves and glovesApparelLeather and fur apparel and accessoriesJewelryOther accessoriesCompanies
Zara SAThe Gap Inc.Hennes & Mauritz ABPurchase this report to view all 4 major companies in this industry.
Related Terms
BRICK-AND-MORTARCOMPARABLE STORE SALESFAST-FASHIONIndustry Code
NAICS 46321MX - Apparel, Costume Jewelry & Accessories Retailers in Mexico
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Consumer Confidence Index. When consumers are more confident in the economy, they are more willing to spend money on discretionary purchases. During periods of economic uncert...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2009-2018) and forecast (2019-2024)
- Employees, including historical (2009-2018) and forecast (2019-2024)
- Businesses, including historical (2009-2018) and forecast (2019-2024)
- Profit, including historical (2009-2019)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
• Apparel accounts for the largest percentage of revenue at 39.2%. This segment comprises men's, women's, children's and infant apparel, including all tops and bottoms as...
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2019
- Product innovation level
Charts
- Products & services segmentation in 2019
- Major market segmentation in 2019
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
The distribution of establishments in the Apparel, Costume Jewelry & Accessories Retailers industry typically trends in line with population density. As a result, the Southwes...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2019
Tables
- Number and share of establishments in each region in 2019
- Number and share of revenue each region accounts for in 2019
- Number and share of wages each region accounts for in 2019
- Number and share of employees in each region in 2019
Detailed analysis
- Geographic spread of the industry across North America, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Proximity to key markets. An industry establishment's proximity to densely populated areas enables operators to maximize foot traffic and sales. Clear signage, easy access and...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2014-2019
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
Zara SA (Zara) is an international clothing retailer based in Galicia, Spain. The first store was opened in 1975 and the first store outside of Spain was established in 1988. ...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2015 through 2019
- Major companies in the industry, including market share, revenue, profit and profit margin in 2019
- Overview of Zara SA's performance by revenue, market share and profit margin from 2013 through 2019
- Overview of The Gap Inc.'s performance by revenue, market share and profit margin from 2013 through 2019
- Overview of Hennes & Mauritz AB's performance by revenue, market share and profit margin from 2013 through 2019
- Overview of revenue, market share and profit margin trend for one additional company
Detailed analysis
- Description and key data for Zara SA, and factors influencing its performance in the industry
- Description and key data for The Gap Inc., and factors influencing its performance in the industry
- Description and key data for Hennes & Mauritz AB, and factors influencing its performance in the industry
- Description, key data and performance trends for one additional company
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
The Apparel, Costume Jewelry & Accessories Retailers industry is subject to a low and steady level of regulation. This industry is subject to regulation from the Federal Offic...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
Detailed analysis
- Demographic and macroeconomic factors influencing the industry
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2009-2024)
- IVA (2009-2024)
- Establishments (2009-2024)
- Enterprises (2009-2024)
- Employment (2009-2024)
- Exports (2009-2024)
- Imports (2009-2024)
- Wages (2009-2024)
Top Questions Answered
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the estimated market size of the Apparel, Costume Jewelry & Accessories Retailers industry in Mexico in 2019?
The market size of the Apparel, Costume Jewelry & Accessories Retailers industry in Mexico is $128.7bn in 2019.
How many businesses are there in the Apparel, Costume Jewelry & Accessories Retailers in Mexico industry in 2019?
There are 169k businesses in the Apparel, Costume Jewelry & Accessories Retailers industry in Mexico, which has declined at a CAGR of 1.4% between 2014 and 2019.
Has the Apparel, Costume Jewelry & Accessories Retailers industry in Mexico grown or declined over the past 5 years?
The market size of the Apparel, Costume Jewelry & Accessories Retailers industry in Mexico has been at a CAGR of 0.8% between 2014 and 2019.
What is the forecast growth of the Apparel, Costume Jewelry & Accessories Retailers industry in Mexico over the next 5 years?
The Apparel, Costume Jewelry & Accessories Retailers in Mexico market is forecast to over the five years from 2019 to 2024
What are the biggest companies in the Apparel, Costume Jewelry & Accessories Retailers market in Mexico?
The biggest companies operating in the Apparel, Costume Jewelry & Accessories Retailers market in Mexico are Zara SA, The Gap Inc. and Hennes & Mauritz AB
What does the Apparel, Costume Jewelry & Accessories Retailers in Mexico include?
Retailing apparel, including men's, women's, children's and infant clothing and Retailing fur & leather clothing and accessories are part of the Apparel, Costume Jewelry & Accessories Retailers industry.
Which companies have the highest market share in the Apparel, Costume Jewelry & Accessories Retailers in Mexico?
The company holding the most market share in Mexico is Zara SA.
How many people are/were employed in the Apparel, Costume Jewelry & Accessories Retailers in Mexico in 2019?
There are 363k employed in the Apparel, Costume Jewelry & Accessories Retailers industry in Mexico 2019.
Widen your competitive advantage with related industries
Related Domestic Industries
- Department stores retail a broad range of merchandise, including health and beauty aids, clothing, footwear and accessories.
- Self-service retailers sell a variety of goods, especially food and household supplies.
- Operators in the Cut & Sew Textile Materials Apparel Manufacturing industry produce industry-relevant products through facilities in Mexico.
Methodology
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Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
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Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
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