Market Research Report
Mexico B2C E-Commerce and Payment Market 2022
|Mexico B2C E-Commerce and Payment Market 2022|
Published: April 27, 2022
yStats.com GmbH & Co. KG
Content info: 47 Pages
Delivery time: 1-2 business days
"Mexico continues to experience significant E-Commerce growth", says yStats.com report.
A forecast cited in the yStats.com report suggests that by the year 2025, E-Commerce in Mexico will account for over one-half of total sales growth. Already the number of Internet users and online shoppers in Mexico has risen and continues to do so. Cross-Border E-Commerce has also become increasingly popular with around two-thirds of online shoppers in Mexico shopping from foreign websites. Among the most purchased product categories was clothing, followed by electronics and cosmetics. A forecast cited in the yStats.com report suggests that B2C E-Commerce sales in Mexico are projected remain on the growth path over the next five years.
The top payment methods used by consumers in Mexico when shopping online are credit and debit cards, according a recent survey cited in the yStats.com report. Digital wallets like PayPal rank next, followed by cash-based payment methods such as Oxxo.
The top 5 B2C E-Commerce websites in Mexico, based on their number of visits from the country, are Mercadolibre.com.mx, Amazon.com.mx, Coppel.com, Walmart.com.mx and Amazon.com, as revealed in the yStats.com report. MercadoLibre also ranks first by 2021 market share, followed by Amazon.
Amazon.com, Citibanamex Movil, Coppel, EBANX, El Puerto de Liverpool, MercadoLibre, Oxxo, PayPal, and Walmart.