The market is dominated by foreign suppliers, as imports account for 63.8% of total market size in 2023. Households drive market demand, with household spending representing 83.3% of total demand in 2023. Mexico has the largest market size for imitation jewellery, brushes and other personal items regionally, with demand reaching USD19.9 billion in 2023. The total number of companies increases in 2023, to 74,488 units. The costs of the industry increase by 12.6% in 2023, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 43.0% of production value in 2023, the highest regionally. The industry’s exports share decreases in 2023 to 32.4% of total production output. With production value of USD6.4 billion, Mexico accounts for 35.2% of the Latin America total in 2023.
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This Euromonitor industrial report provides unique information on Imitation Jewellery, Brushes and Other Personal Items in Mexico: ISIC 3699. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Imitation Jewellery, Brushes and Other Personal Items in Mexico: ISIC 3699 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Household Goods is an aggregation of Furniture, Jewellery and Related Articles, Musical Instruments; Imitation Jewellery, Brushes and Other Personal Items, Sports Goods, Toys and Games, Watches and Clocks.
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