Bags and luggage in Mexico is set to experience a strong slowdown in retail current value growth in 2024 compared with the previous three years, when it recorded double-digit growth. In 2023, economic conditions encouraged consumption and an increase in travel, despite high inflation. However, in 2024 spending by some consumers has started to contract, and shoppers are prioritising purchases and seeking convenience. A factor contributing to this trend is the rising prices of bags and luggage. Ac...
Euromonitor International's Bags and Luggagein Mexico report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2019-2023), allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market – be they new product developments, distribution or pricing issues. Forecasts to 2028 illustrate how the market is set to change.
Product coverage: Bags, Luggage.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Bags and Luggage market; * Pinpoint growth sectors and identify factors driving change; * Understand the competitive environment, the market’s major players and leading brands; * Use five-year forecasts to assess how the market is predicted to develop.
Bags and Luggage in Mexico
Euromonitor International
December 2024
List Of Contents And Tables
BAGS AND LUGGAGE IN MEXICO
KEY DATA FINDINGS
2024 DEVELOPMENTS
Bags and luggage faces a slowdown in growth amidst rising prices
Mexicans shift focus from upgrading possessions to experiences
“Hermès in the Making” exhibition raises the brand’s profile
PROSPECTS AND OPPORTUNITIES
The surge in second-hand luxury shopping amongst young Mexicans
Luxury handbags set to maintain growth
Technology is set to redefine luggage design
CATEGORY DATA
Table 1 Sales of Bags and Luggage by Category: Volume 2019-2024
Table 2 Sales of Bags and Luggage by Category: Value 2019-2024
Table 3 Sales of Bags and Luggage by Category: % Volume Growth 2019-2024
Table 4 Sales of Bags and Luggage by Category: % Value Growth 2019-2024
Table 5 Sales of Luggage by Type: % Value 2019-2024
Table 6 NBO Company Shares of Bags and Luggage: % Value 2020-2024
Table 7 LBN Brand Shares of Bags and Luggage: % Value 2021-2024
Table 8 Distribution of Bags and Luggage by Format: % Value 2019-2024
Table 9 Forecast Sales of Bags and Luggage by Category: Volume 2024-2029
Table 10 Forecast Sales of Bags and Luggage by Category: Value 2024-2029
Table 11 Forecast Sales of Bags and Luggage by Category: % Volume Growth 2024-2029
Table 12 Forecast Sales of Bags and Luggage by Category: % Value Growth 2024-2029
PERSONAL ACCESSORIES IN MEXICO
EXECUTIVE SUMMARY
Personal accessories in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
What next for personal accessories?
MARKET DATA
Table 13 Sales of Personal Accessories by Category: Volume 2019-2024
Table 14 Sales of Personal Accessories by Category: Value 2019-2024
Table 15 Sales of Personal Accessories by Category: % Volume Growth 2019-2024
Table 16 Sales of Personal Accessories by Category: % Value Growth 2019-2024
Table 17 NBO Company Shares of Personal Accessories: % Value 2020-2024
Table 18 LBN Brand Shares of Personal Accessories: % Value 2021-2024
Table 19 Distribution of Personal Accessories by Format: % Value 2019-2024
Table 20 Forecast Sales of Personal Accessories by Category: Volume 2024-2029
Table 21 Forecast Sales of Personal Accessories by Category: Value 2024-2029
Table 22 Forecast Sales of Personal Accessories by Category: % Volume Growth 2024-2029
Table 23 Forecast Sales of Personal Accessories by Category: % Value Growth 2024-2029