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Consumer Values and Behaviour in Mexico

June 2024 | 58 pages | ID: C1D90504D06BEN
Euromonitor International Ltd

US$ 1,325.00

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This report visually explores everyday habits and behaviours which reflect consumers' beliefs and values, linking behavioural trends with purchase and consumption habits.

Euromonitor's Consumer Values and Behaviour in Mexico report analyses factors influencing national consumer expenditure. Consumer lifestyles reports include coverage of: population, urban development, home ownership, household profiles, labour, income, consumer and family expenditure, health, education, eating habits, drinking habits, shopping habits, personal grooming, clothing, leisure habits, savings and investments, media, communication, transport and travel and tourism. Use this report to understand the factors influencing a nation's lifestyle choices.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
  • Get a detailed picture of the Consumer Values 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.
Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.
Scope
Consumer values and behaviour in Mexico
Consumers in Mexico take safety measures before stepping out of their house
Older generations most concerned about rising unit prices
Mexican consumers prefer to explore innovative products and services
Millennials do extensive research into the products and services they consume
Mexican consumers strongly believe they will experience greater happiness in the future
All generations believe their quality of life in terms of happiness will increase in the future
While at home, consumers frequently connect with friends or family online
Safe location - the most desired home feature
Strong majority of Mexicans prefer preparing their own meals
Not having time to cook deemed as greatest barrier to cooking at home
Gen X say that someone else living with them is in charge of making their meals
Over half of Mexicans prioritise healthy ingredients in food and beverages
Mexicans indicate they wish to be able to manage their work-life balance effectively
Consumers in Mexico primarily prioritise having a sense of security in their careers
Mexicans say they maintain a clear separation between their professional and personal life
No preference in socialising either online or face to face for Mexicans
Millennials most active generation in terms of monthly leisure activities
Consumers' top travel motivation - getting the best return on money spent
Gen X have the biggest wish list for important features when travelling
Weekly walk or hike the most frequent exercise habit in Mexico
Younger generations enjoy team sports and group activities
Mexicans are interested in meditation to improve wellbeing
Mexican consumers are worried about climate change
Older generations living by example in terms of positively impacting the environment
Consumers motivated to employ eco-friendly materials for packaging
Mexicans use social and political media to share their views
Mexicans eager to explore stores and malls in order to find the best offerings
Older generations enjoy visiting malls even when they have no intention of buying anything
Consumers in Mexico look for reputable or easily recognised brands
Older generations attempting to lead a simplified lifestyle and only buy what is needed
Mexican consumers subscribe to online platforms for streaming media
Consumers planning to decrease spending on experiences over tangible items
Younger generations committed to spending money to upskill themselves
Consumers in Mexico are satisfied with their current financial standing
Gen Z consumers only slightly concerned about their financial position
Younger generations expect to increase their savings
Mexicans proactively oversee the sharing of data and privacy preferences
Less than half of Gen Z concerned with actively managing their data and privacy settings
Consumers in Mexico utilise platforms for communicating digitally almost daily
Less than half of Gen Z consumers use online banking on weekly basis
Reading reviews from peers a frequent online activity among most Mexican consumers
Consumers engage with businesses' social media content
Millennials most likely generation to purchase brands directly from social media platforms


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