Mexico Retail Logistics Market Size & Outlook, 2023-2030
Mexico retail logistics market, 2018-2030 (US$M)
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Mexico retail logistics market highlights
- The Mexico retail logistics market generated a revenue of USD 11,410.9 million in 2023 and is expected to reach USD 30,587.8 million by 2030.
- The Mexico market is expected to grow at a CAGR of 15.1% from 2024 to 2030.
- In terms of segment, roadways was the largest revenue generating mode of transport in 2023.
- Airways is the most lucrative mode of transport segment registering the fastest growth during the forecast period.
Retail logistics market data book summary
| Market revenue in 2023 | USD 11,410.9 million |
| Market revenue in 2030 | USD 30,587.8 million |
| Growth rate | 15.1% (CAGR from 2023 to 2030) |
| Largest segment | Roadways |
| Fastest growing segment | Airways |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Railways, Airways, Roadways, Waterways |
| Key market players worldwide | XPO Inc, DSV AS, Kuehne + Nagel International AG, C.H. Robinson Worldwide Inc, Nippon Express Holdings Inc, FedEx Corp, Schneider Electric SE, United Parcel Service Inc Class B, DHL Group, A. P. Moller Maersk A/S Class B, Associate Global Partners Ltd |
Other key industry trends
- In terms of revenue, Mexico accounted for 4.1% of the global retail logistics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Mexico retail logistics market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 30,587.8 million by 2030.
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Retail Logistics Market Scope
Retail Logistics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico retail logistics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to retail logistics market will help companies and investors design strategic landscapes.
Roadways was the largest segment with a revenue share of 50.36% in 2023. Horizon Databook has segmented the Mexico retail logistics market based on railways, airways, roadways, waterways covering the revenue growth of each sub-segment from 2018 to 2030.
The retail logistics market in Mexico has witnessed significant growth owing to various factors. The rapid expansion of e-commerce in the country is attracting consumers toward online shopping. For instance, major Mexican retailers such as Walmart and Liverpool have reported substantial increases in their online sales, fueling the demand for efficient and flexible logistics solutions.
Cross-border trade, particularly with the U.S., has been a driving force for the growth of the Mexican retail logistics market. The implementation of the United StatesMexico-Canada Agreement (USMCA) has facilitated smoother trade flows, encouraging logistics companies to optimize cross-border operations.
Various government initiatives, such as improvements in customs procedures and trade facilitation measures, have created a conducive environment for market growth. For instance, the Mexican government's efforts to streamline customs processes at key border crossings have reduced delays and enhanced the overall efficiency of cross-border logistics.
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Target buyers of Mexico retail logistics market databook
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Our clientele includes a mix of retail logistics market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico retail logistics market , including forecasts for subscribers. This country databook contains high-level insights into Mexico retail logistics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico retail logistics market size, by mode of transport, 2018-2030 (US$M)
Mexico Retail Logistics Market Outlook Share, 2023 & 2030 (US$M)
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Related regional statistics
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