Investor Presentation FIBRA PROLOGIS
Mexico: E-commerce is a Resilient Driver of Expansion
By 2026, E-commerce penetration ¹ in Mexico is expected to double vs 2021
E-COMMERCE SALES AND PENETRATION RATE IN MEXICO¹
E-COMMERCE GLOBAL PENETRATION RATE¹
USD$ B
•
60,000
50,000
40,000
30,000
FIBRA
PROLOGIS
Penetration Rate
%
Mexico
40
Europe
Global
China
USA
Brazil
18%
36
16%
32
14%
28
12%
24
10%
20
8%
16
6%
12
4%
8
2%
0
0%
0
2019 2020 2021 2022 2023 2024 2025 2026 2027
2019 2020 2021 2022
2023 2024 2025 2026
2027
E-commerce
%
20,000
10,000
E-commerce is a tailwind for logistics real estate demand, especially in Mexico City
Nascent e-commerce penetration relative to global market peers: penetration in Mexico is expected to double in the next 5 years
.
E-commerce companies are more intense users of space versus brick-and-mortar retailers (+3x), due to:
•
High inventory turn levels
•
Broader product variety
Reverse logistics
Last-Touch® facilities ensure customers have well-located facilities in large, dense, constrained urban areas
1. Source: Euromonitor. Penetration rate defined as % of retail sales made online vs total retail sales.
2. Source: Prologis Research with sales data and forecasts with information from Euromonitor.
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