Mexico Footwear Industry to Grow at 6% CAGR
Mexico stands number eight in the list of top global footwear manufacturers. Not only the domestic market but the international export destinations earn significant foreign exchange to the country. Mexico has enviable advantages in terms of abundant raw material supply, skilled labor, well established supply chain among others. Our recent study reveals that footwear sales in Mexico is expected to grow at a CAGR of around 6% during 2012-2017 driven by growing middle class population which accounts for approx. 39%...
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