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© 2016 COTTON COUNCIL INTERNATIONAL AND COTTON INCORPORATED’S GLOBAL LIFESTYLE MONITOR SURVEY GLOBAL LIFESTYLE MONITOR: MEXICO APPAREL SPENDING SPENDING Mexico's apparel market is the second largest in Latin America and projected to grow by a third over the next 15 years. SHOPPING Attaining positive results in Mexico will involve tailored advertising, marketing, and products to meet the needs of the country’s varied shoppers. OMNICHANNEL Providing detailed product information online can reduce consumer concerns, make shoppers more comfortable with the online experience, and possibly increase sales. SUSTAINABILITY Opportunities exist to market cotton products to satisfy consumers’ functional, emotional, and sustainable needs. KEY TRENDS $16.6 $320.2 PROJECTED SPENDING GROWTH 2015-2030 1 BILLIONS OF U.S. DOLLARS 1 2015 APPAREL SPENDING $359.6 U.S. +28% EUROPE +20% MEXICO +33%

New GLOBAL LIFESTYLE MONITOR: MEXICO · 2016. 7. 25. · Sources: Cotton Council International and Cotton Incorporated’s Global Lifestyle Monitor Survey and External Source: Euromonitor

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  • © 2016 COTTON COUNCIL INTERNATIONAL AND COTTON INCORPORATED’S GLOBAL LIFESTYLE MONITOR SURVEY

    GLOBAL LIFESTYLE MONITOR: MEXICO

    APPAREL SPENDING

    SPENDING Mexico's apparel market is the second largest in Latin America and projected to grow by a third over the next 15 years.

    SHOPPING Attaining positive results in Mexico will involve tailored advertising, marketing, and products to meet the needs of the country’s varied shoppers.

    OMNICHANNEL Providing detailed product information online can reduce consumer concerns, make shoppers more comfortable with the online experience, and possibly increase sales.

    SUSTAINABILITY Opportunities exist to market cotton products to satisfy consumers’ functional, emotional, and sustainable needs.

    KEY TRENDS

    $16.6

    $320.2

    COTTON SUSTAINABILITY FACTS

    U.S. cotton farmers have reduced pesticide applications by HALF over the past 30 years.

    PROJECTED SPENDING GROWTH 2015-20301

    BILLIONS OF U.S. DOLLARS1 2015 APPAREL SPENDING

    $359.6

    U.S. +28% EUROPE +20% MEXICO +33%

    Over the past two decades, U.S. cotton farmers have improvedwater efficiency by approximately 80%.

  • GLOBAL LIFESTYLE MONITOR: MEXICO

    INGLOBAL CONSUMER SIGHTS

    GLOBAL LIFESTYLE MONITOR SURVEY • CHINA • COLOMBIA • GERMANY • INDIA • ITALY • MEXICO • JAPAN • THAILAND • TURKEY • UNITED KINGDOM

    CHAIN STORES

    HYPERMARKETS

    DEPARTMENTSTORES

    OTHER

    STREET MARKETS

    INDEPENDENTSTORES

    32%store

    displays

    43%friends &

    colleagues

    Robust growth projections of Mexico's apparel spending have motivated brands such as H&M, Gap, Abercrombie, and Amazon to enter and expand in the market. Despite this development, cultural, retail, and economic differences continue to cultivate diverse apparel habits and needs throughout Mexico. Attaining positive results will involve tailored advertising, marketing, and product assortments to meet the needs of the country’s varied shoppers.

    TOP SOURCES OF CLOTHING IDEAS

    RETAIL CHANNELS SHOPPED MOST OFTEN

    APPAREL SHOPPING ATTITUDES & HABITS

    MEX

    26%

    13%

    12%

    14%

    17%

    18%

    TOTAL

    27%

    16%

    11%

    12%

    20%

    15%

    44%family

    GDL

    16%

    6%

    14%

    16%

    26%

    21%

    TOP 5 CLOTHING PURCHASE DRIVERS

    fit quality

    APPAREL SHOPPING HABITS

    HALF of consumers say retailer/brand websites are their top online source of clothing inspiration.

    67%love or enjoy

    clothes shopping

    58%pay more for better quality

    apparel

    38%shop for clothing once per month

    or more

    18%buy clothing on

    impulse

    MEX GDL

    73%

    76%

    64%

    27%

    62%

    40%

    68%

    19%

    TOTAL

    durability

    MTY

    30%

    17%

    10%

    13%

    14%

    16%

    MTY

    62%

    36%

    76%

    18%

    21%TV18%

    magazines

    comfortprice

    MEX = MEXICO CITY . GDL = GUADALAJARA . MTY = MONTERREY

    MEX = MEXICO CITY . GDL = GUADALAJARA . MTY = MONTERREY

  • GLOBAL CONSUMER INSIGHTS

    INFO: [email protected] LIFESTYLEMONITOR.COTTONINC.COM © 2016

    OMNICHANNEL SHOPPINGA quarter of all online apparel and footwear sales in Latin America are from Mexico; however, this only accounts for 2% of total online spending within Mexico. Tactile and logistical issues may be preventing Mexican consumers from making online apparel purchases. Providing detailed product information online can reduce these concerns and consequently make shoppers more comfortable with the online experience, whether it entails buying apparel online or conducting online research before purchasing in-store.

    WHERE CONSUMERS BEGIN THEIR ONLINE SHOPPING JOURNEY

    45%search engines

    24%social media websites

    15%fashion trend sites

    13%blogs

    TOP CONCERNS WHEN SHOPPING FOR CLOTHES ONLINE

    58%inability to try on

    clothes

    57%clothing

    availability

    55%return policies

    66%

    compare pricesresearch clothing browse styles

    22% SHOP FOR CLOTHING ONLINE & USE THE INTERNET TO...

    61%up-close views

    56%

    country of origin information

    58%detailed size information56%views in multiple colors

    55%

    FACTORS THAT COULD INFLUENCE ONLINE SHOPPING DECISIONS

    Online apparel & footwear sales are projected to grow 105% from $456MM in 2015 to $934MM by 20201.

    39%47% 25%

    clothing quality

    fiber content information

    46%retailer/brand websites

    58%information

    privacy

  • Sources: Cotton Council International and Cotton Incorporated’s Global Lifestyle Monitor Survey and External Source: Euromonitor International1Source: Cotton Council International and Cotton Incorporated’s Global Lifestyle Monitor Survey, a biennial consumer research study. In the 2016 survey, approximately 10,000 consumers (i.e., 1,000 consumers in 10 countries) were surveyed. External Source: Euromonitor International1

    GLOBAL LIFESTYLE MONITOR: MEXICO

    GLOBAL CONSUMER INSIGHTS

    INFO: [email protected] LIFESTYLEMONITOR.COTTONINC.COM © 2016

    cotton

    93%

    modal

    78%

    tencel

    60%

    polyester

    62%

    nylon

    67%

    rayon

    67%

    SEEKING SUSTAINABLE APPAREL

    TOP SUSTAINABILITY/SOCIAL CONCERNS

    Mexican shoppers value sustainability and nearly 2 in 3 seek sustainable apparel in their clothing purchases. Cotton is their preferred fiber due to its ability to meet functional needs for comfort and durability as well as emotional needs for trust and authenticity. As a result, opportunities exist to market cotton products as satisfying consumers’ functional, emotional, and sustainable needs.

    GLOBALWARMING

    FOOD SAFETY

    WATER QUALITY

    COTTON SUSTAINABILITY FACTS

    U.S. cotton farmers have reduced pesticide applications by HALF over the past 30 years.

    DISCOVER WHAT COTTON CAN DOSM at CottonToday.CottonInc.com.

    % SAYING THE FOLLOWING FIBERS ARE SAFE FOR THE ENVIRONMENT

    COMPARED TO CLOTHING FROM MANMADE FIBERS, COTTON IS VIEWED AS THE MOST...

    TOP CONCERNS REGARDING COTTON PRODUCTION

    1.2.3.

    Amount of chemicals & pesticides used

    Greenhouse gas emissions

    Amount of water used

    69%

    SUSTAINABILITY...

    66%

    53%

    75%

    auth

    entic

    trust

    wor

    thy

    68%

    com

    forta

    ble

    68%

    relia

    ble

    dura

    ble

    69% 68%

    87% of consumers prefer cotton-rich clothing.

    is important in my apparel purchase.

    when it’s lacking, I blame the industry.

    is something I seek in my apparel.

    Over the past two decades, U.S. cotton farmers have improvedwater efficiency by approximately 80%.

    CHILD LABOR