Supermarkets is expected to experience only modest growth in current value terms and in terms of outlet numbers in Mexico over the forecast period. In the case of outlet expansion, many companies are expected to continue to remodel old outlets rather than investing in opening new stores.
Although a modest rise is expected in the number of stores in supermarkets in the forecast period, rather than opting for the conventional approach of opening new outlets, an increasing number of retailers are likely to focus on improving their current locations with self-checkout facilities (which speed up the transaction process), the integration of omnichannel options (with quick commerce becoming increasingly popular), and the acceptance of new payment methods. As a sizeable segment of the Mexican population remains unbanked, financial services are also expected to become a key component of the business expansion strategies of the leading supermarket chains going forward.
Specialisation or emphasising specific attributes is becoming increasingly important for supermarkets. This is accompanied by concepts inherited from the pandemic and post-pandemic era, such as healthy eating and the importance of health; therefore generating a particular interest in fresh foods and home cooking.
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Understand the latest market trends and future growth opportunities for the Supermarkets 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 Supermarkets 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.
Supermarkets are chained or independent retail outlets with a selling space of between 400 and 2,500 square metres and with a primary focus on selling food/beverages/tobacco and other groceries. Supermarkets may also sell a selection of non-groceries, but the product mix is skewed towards grocery items. Example brands include Casino, Kroger, and Tesco. Exception: In some markets, primarily the US, Australia and Hong Kong, there are grocery retailer brands that operate outlets with a selling space of over 2,500 square metres, but offer only a very limited range of non-grocery merchandise or none at all. These brands are included in Supermarkets.
See All of Our DefinitionsThis report originates from Passport, our Supermarkets research and analysis database.
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