The Mexico E-commerce Market size is estimated at USD 28.95 billion in 2024, and is expected to reach USD 53.97 billion by 2029, growing at a CAGR of 13.27% during the forecast period (2024-2029).
The Latin American e-commerce market has recorded robust growth over the last few years, offering exciting opportunities for online retailers across various sectors. Mexico is one of Latin America's major consumer markets and a critical e-commerce market.
Mexico e-commerce market is highly fragmented in nature. Key major players include Amazon, Walmart, MercadoLibre, Coppel, and Costco. These major players account for a considerable percentage of online sales in the region and actively participate in partnerships and product innovations to gain more market share.
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