Consumer Lifestyles in Mexico

June 2024

Consumer Lifestyles offers valuable insights into key consumer attitudes and current thinking, and their impact on purchasing and consumption habits; quantifying behaviours, preferences and motivations, and aligning them with broader trends.

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Overview:

Consumer Lifestyle reports provide detailed snapshorts of the behaviours, attitudes and spending patterns of consumers in 40 countries. 

The Lifestyles reports offer valuable statistics and insights into key consumer traits and values, linking behaviour trends with purchase and consumption habits. Using lifestyles survey data, these reports quantify behaviours, preferences and motivations both now and in the future across specific consumer-related topics relating to how consumers live, shop, work and play in 40 markets. Analysis is also included on how Euromonitor’s 8 focus megatrends, the longer-term shifts in consumer attitudes and behaviour, are playing out in each of the 40 countries. Consumer lifestyles are constantly shifting. Understanding behavioural shifts is vital for businesses to stay competitive and adapt to in order to capitalise on new opportunities.

The Consumer Lifestyle in Mexico report includes:

Lifestyles survey data and analysis on consumer values, behaviour and future expectations on topics such as life priorities, home and work life, ethical and health priorities and eating, leisure and shopping habits and use of technology. Consumer Megatrends covered are: Connected Consumers Ethical Living Experience More Healthy Living Middle Class Retreat Premiumisation Shifting Market Frontiers Shopping Reinvented

The Consumer Lifestyle in Mexico report answers:

  • How is the consumer mindset in Mexico changing? In Mexico, what are consumer attitudes towards “green” and sustainable products?
  • What values influence consumers in Mexico purchase decisions?
  • Where and how do consumers shop in Mexico?
  • What health-related activities do consumers in Mexico participate in?
  • What megatrends should I focus on in Mexico (and why)?
  • How do I prioritize my investment? I operate in country x, which are the most important megatrends in that country?
  • My product chimes with the Healthy Living trend, what consumer behaviours do I need to consider for innovation planning?
Scope
Consumer landscape in Mexico 2024
Personal traits and values
Mexican consumers concerned about rising unit prices of everyday goods
Older generations love spending time with their children
Mexicans open to experiencing cultures other than their own
Consumers in Mexico enjoy exploring new brands
Voice of the consumer (1)
Millennials feeling most optimistic about the future
Personal traits and values survey highlights
Home life and leisure time
Keeping a clean and tidy house top home activity among all Mexican generations
Socialising in person is the most frequent leisure activity
Voice of the consumer (2)
Gen X highly desires an energy efficient home
Gen Z least concerned about safe home location
Respondents want to get the best return on money spent when travelling
Home life and leisure time survey highlights
Eating and dietary habits
Identifying healthy ingredients paramount for those that monitor their food intake
Not having time remains a major barrier to cooking at home
Older generations particularly keen on eating snacks when at home
Gen X consumers seek to reduce meat consumption
Voice of the consumer (3)
Mexicans are most willing to pay more for products with health and nutritional properties
Eating and dietary habits survey highlights
Working life
Gen X want to be employed by an organisation that prioritises ethical and social obligations
Mexicans seek to find employment that provides time for both personal and work life
Voice of the consumer (4)
Gen X places highest priority on having job security
Mexican employees wish to have flexible start and finish times, above working from home
Working life survey highlights
Health and wellness
Weekly walking or hiking the most popular exercise routine amongst Mexicans
Meditation is the most routine stress-reduction activity
Mexicans consider health and nutritional value to be the most influential product feature
Millennials most actively using tech to manage and track their health
Health and wellness survey highlights
Shopping and spending
Consumers in Mexico always on the look out for the best deals
Gen X committed to buying high quality goods from recognised brands
Millennials seek out products with labels that are easy to understand
Mexican consumers strongly supporting extended product lifecycles
Gen X consumers taking active steps to ensure ethical shopping habits
Voice of the consumer (5)
Millennials most actively engaging and interacting with brands
Consumers primarily trust friends and family recommendations
Voice of the consumer (6)
Consumers in Mexico expect to spend more on education
All generations feeling comfortable with their current finances
Shopping and spending survey highlights
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