Market size and recent performance (2009-2024)
Industry revenue has grown at a CAGR of 1.6% over the past five years, to reach an estimated $221.1bn in 2019.
Trends and Insights
- The industry experienced healthy growth, as the national unemployment rate dipped and universal healthcare expanded throughout the country
- Additional trends and insights available with purchase
Biggest companies in the Pharmacies & Drug Stores in Mexico
| Company
2019 | Market Share (%)
2019 | Revenue ($m)
2019 | Profit ($m)
2019 | Profit Margin (%)
2019 |
|---|---|---|---|---|
Corporativo Fragua SA de CV | ||||
Farmacias Benavides SAB de CV | ||||
Farmacias de Similares SA de CV |
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 Branded prescription drugs, Generic prescription drugs and Nonprescription medicines. Branded prescription drugs is the largest segment of the Pharmacies & Drug Stores in Mexico.
Trends and Insights
• Operators in the Pharmacies and Drug Stores industry in Mexico retail a wide array of items, including over-the-counter (OTC) and prescription medications, food and beverages and various convenience and health items.
- More insights available in the full report
Table of Contents
About this industry
Industry definition
Operators in the Pharmacies and Drug Stores industry in Mexico primary retail over-the-counter (OTC) and prescription medications, along with nutritional supplements, various groceries, tobacco and alcohol products and cosmetic items. Operators may also retail allopathic medications and other alternative medicinal treatments and products. Additionally, operators may offer basic health assessment services or may partner with a medical professional to offer more-comprehensive health services. However, this industry excludes pharmacies located within hospitals, along with ancillary pharmacies located within large grocery stores.
What's included in this industry?
Preparing and selling prescription and nonprescription drugs and medicinesRetailing basic consumable goodsSelling other miscellaneous items, such as candy, cosmetics, magazines and light refreshmentsAdvising customers on the use of both prescription and over-the-counter drugsBranded prescription drugsGeneric prescription drugsNonprescription medicinesGroceries and food itemsVitamins, minerals and dietary supplementsCosmeticsAlcohol and tobacco productsOtherCompanies
Corporativo Fragua SA de CVFarmacias Benavides SAB de CVFarmacias de Similares SA de CVPurchase this report to view all 4 major companies in this industry.
Related Terms
FRONT-END SALESOVER-THE-COUNTER (OTC) MEDICATIONSPRESCRIPTION DRUGIndustry Code
NAICS 46411MX - Pharmacies & Drug Stores 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 spending. Changes in the economic growth rate influence demand for products and services offered by industry operators. As the gross domestic product of Mexico contin...
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
• Operators in the Pharmacies and Drug Stores industry in Mexico retail a wide array of items, including over-the-counter (OTC) and prescription medications, food and bev...
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
Successful establishments in the Pharmacies and Drug Stores industry in Mexico are generally those in conveniently located spaces near to the general public. Additionally, man...
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
Ability to control stock on hand. Stock controls must be used to manage ideal inventory levels and increase sales. Inventory management can help retailers track the items cust...
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
Headquartered in Guadalajara, Jalisco, Corporativo Fragua SA de CV is the parent company of the largest pharmacy chain in Mexico, Farmacia Guadalajara. Founded in 1942, Farmac...
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 Corporativo Fragua SA de CV's performance by revenue, market share and profit margin from 2013 through 2019
- Overview of Farmacias Benavides SAB de CV's performance by revenue, market share and profit margin from 2013 through 2019
- Overview of Farmacias de Similares SA de CV'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 Corporativo Fragua SA de CV, and factors influencing its performance in the industry
- Description and key data for Farmacias Benavides SAB de CV, and factors influencing its performance in the industry
- Description and key data for Farmacias de Similares SA de CV, 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 Pharmacies and Drug Stores industry in Mexico is subject to a moderate level of regulation, and this trend has remained steady. Industry operators are subject to a variety...
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 Pharmacies & Drug Stores industry in Mexico in 2019?
The market size of the Pharmacies & Drug Stores industry in Mexico is $221.1bn in 2019.
How many businesses are there in the Pharmacies & Drug Stores in Mexico industry in 2019?
There are 59,488 businesses in the Pharmacies & Drug Stores industry in Mexico, which has declined at a CAGR of 1.0% between 2014 and 2019.
Has the Pharmacies & Drug Stores industry in Mexico grown or declined over the past 5 years?
The market size of the Pharmacies & Drug Stores industry in Mexico has been at a CAGR of 1.6% between 2014 and 2019.
What is the forecast growth of the Pharmacies & Drug Stores industry in Mexico over the next 5 years?
The Pharmacies & Drug Stores in Mexico market is forecast to over the five years from 2019 to 2024
What are the biggest companies in the Pharmacies & Drug Stores market in Mexico?
The biggest companies operating in the Pharmacies & Drug Stores market in Mexico are Corporativo Fragua SA de CV, Farmacias Benavides SAB de CV and Farmacias de Similares SA de CV
What does the Pharmacies & Drug Stores in Mexico include?
Preparing and selling prescription and nonprescription drugs and medicines and Retailing basic consumable goods are part of the Pharmacies & Drug Stores industry.
Which companies have the highest market share in the Pharmacies & Drug Stores in Mexico?
The company holding the most market share in Mexico is Corporativo Fragua SA de CV.
How many people are/were employed in the Pharmacies & Drug Stores in Mexico in 2019?
There are 302k employed in the Pharmacies & Drug Stores industry in Mexico 2019.
Widen your competitive advantage with related industries
Related Domestic Industries
- This industry comprises establishments known as general medical hospitals primarily engaged in providing inpatient diagnostic services and medical care for the general population.
- This industry comprises establishments primarily engaged in manufacturing raw materials for the pharmaceutical industry and pharmaceutical preparations.
Methodology
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