Future Cities

Emerging Industrial Markets: Saltillo, Mexico

May 17, 2023

Saltillo is a fast-growing industrial hub for the automotive industry. The city's proximity to the U.S., strong infrastructure and low costs have made the city an ideal location for the expansion and arrival of companies seeking to serve the North American market. Saltillo has become a hub for suppliers serving the U.S. producers of traditional automobiles and electric vehicles. Given Tesla’s new plant to be located in Monterrey (a 30-minute drive from Saltillo), the automotive hub will become even stronger in this region.
Ramón FloresCBRE Executive Vice President, Mexico Northeast Division


More than 5.6 million people—22% aged 18 to 34—live within 50 miles (80 kilometers) of Saltillo, and 20.3 million consumers are within 250 miles. Saltillo is approximately 188 miles (303 kilometers) southwest of the Mexico/U.S. border in Laredo, Texas, and 54 miles (87 kilometers) west of Monterrey, Mexico.

Figure 1: Saltillo Population Analysis

Source: CBRE Location Intelligence.

Saltillo’s local-warehouse labor force of 74,319 is expected to grow by 43% by 2032, according to CBRE Mexico Research. The average salary for a non-supervisory warehouse worker is US$1.89 per hour (base salary + mandatory benefits).

Figure 2: Saltillo Warehouse & Storage Labor Fundamentals

Source: CBRE Labor Analytics.

Emerging Industrial Markets

Spotlighting markets across North America that offer demographic, logistics and incentives advantages for industrial investors and occupiers


Related Insights

Related Services

Insights in Your Inbox

Stay up to date on relevant trends and the latest research.