Footwear retail in Mexico

Footwear retail in Mexico

50,000 businesses are dedicated to the activity of Footwear retail, with an estimated labor force of 170,000 people.

In Mexico 50,000 establishments are estimated to be operating  in the activity of Footwear retail in Mexico, with MXN $69,000 millions in estimated annual revenue.

According to the market research report prepared by MarketDataMexico, five businesses lead the annual revenue generation in the activity of Comercio al por menor de calzado in Mexico, with an approximate 26% of the estimated total annual revenue. Some of the main players in this market are  COPPEL SA de CV, HERMANOS BATTA SA de CV and NAZAN COMERCIALIZADORA DE CALZADO SA de CV.

Performance by State: Mexico leads the business

Most of the revenue in this activity is generated in Mexico, with MXN $8,000 millions in estimated annual revenue. In the second place is Mexico City, with MXN $6,500 millions, and in third place, Guanajuato, with MXN $5,600 millions.

What products are manufactured by these businesses?

Some of the products fabricated in these establishments are: NEW ACCESSORIES FOR FOOTWEAR, NEW SHOE LACES, NEW ESPADRILLES y NEW BOOTS, among others.

Annual expenses of these establishments

On an annual basis, companies in this area report an estimated average of $56,000 millions in total expenses, of which $4,100 millions correspond to expenses for rent and rental of movable and immovable property, $210 millions to fuel and lubricants, and MXN $720 millions to expenses in electricity.

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