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Department Store Market 2016 Trend, Analysis and Overview

Wednesday, November 23, 2016 21:58
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The Mexican organized retail sector includes three different retail formats: department stores, specialized stores, and supermarkets. A wide range of products are sold in department stores, and these products broadly fall under one of these categories: apparel, footwear, and accessories; consumer electronics and electricals; home furniture and furnishings; and other products. The other products include beauty and personal care products; books, gifts, and stationery products; home care products; music, video, and entertainment software; and sports and leisure equipment. 
The sheer consumption potential of Mexico has resulted in the country gaining the interest of retailers worldwide. Within the organized retail space, department stores in particular have received the attention of global heavyweights such as Wal-Mart and the home grown Liverpool and Grupo Carso. 

Publisher’s analysts forecast the department store market in Mexico to grow at a CAGR of 12.74% during the period 2016-2020.

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Covered in this report 
The report covers the present scenario and the growth prospects of the department store market in Mexico for 2016-2020. To calculate the market size, the report considers the revenue generated from the retail sales of products to individual customers in Mexico.
On the basis of retail format, the organized retail sector in Mexico is segmented into:
-Department stores
-Specialized stores

Publisher’s report, Department Store Market in Mexico 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. 

Key vendors 
-Coppel, Grupo Elektra 
-Grupo Palacio de Hierro 
-Grupo Sanborns 
-Liverpool (El Puerto de Liverpool)


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Other prominent vendors 
-American Eagle Outfitters
-Best Buy
-Costco de México
-Forever 21
-Grupo Famsa 

Market driver 
-Growth of middle-income class
-For a full, detailed list, view our report 

Market challenge 
-Competition from supermarkets
-For a full, detailed list, view our report 

Market trend 
-Growth in e-commerce
-For a full, detailed list, view our report 

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