Jewelry & Watch Retail in Mexico
SummaryJewelry & Watch Retail in Mexico industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2016-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The Jewelry, Watches and Accessories market includes gold jewelry, silver jewelry and other precious jewelry like diamonds, platinum, precious stones (sapphires, emeralds and rubies), pearls (natural and cultured) and semi-precious stones (e.g. quartz, opal, topaz, amethyst, coral etc.), fashion jewelry (non-precious jewelry), hair accessories, belts, hats, gloves, scarves, sunglasses and ties, plus watches.
- The Mexican jewelry & watches market generated total revenues of $2,623.3 million in 2021, representing a compound annual growth rate (CAGR) of 1.1% between 2017 and 2021.
- The jewelry & watches segment was the market's most lucrative in 2021, with total revenues of $1,397.5 million, equivalent to 53.3% of the market's overall value.
- Following a sharp decline in 2020 due to pandemic the market surge by double-digit growth in 2021. This is due to the gradual recovery of demand in local market, opening of pent-up demand, and improvement in consumer confidence.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the jewelry & watch retail market in Mexico
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the jewelry & watch retail market in Mexico
- Leading company profiles reveal details of key jewelry & watch retail market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Mexico jewelry & watch retail market with five year forecasts
Reasons To Buy
- What was the size of the Mexico jewelry & watch retail market by value in 2022?
- What will be the size of the Mexico jewelry & watch retail market in 2027?
- What factors are affecting the strength of competition in the Mexico jewelry & watch retail market?
- How has the market performed over the last five years?
- Who are the top competitiors in Mexico's jewelry & watch retail market?
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