The market is dominated by foreign suppliers, as imports account for 79.8% of total market size in 2023. Households drive market demand, with household spending representing 68.8% of total demand in 2023. Spain has the fifth largest market size for apparel regionally, with demand reaching USD20.0 billion in 2023. Inditex, Industria de Diseño Textil SA is the largest company in Spain, generating 9.9% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 17.4% of total production value in 2023. The total number of companies decreases in 2023, to 8,293 units. The costs of the industry increase by 1.3% in 2023, largely driven by rising labour costs. The industry’s profitability decreases and stands at 8.2% of production value in 2023, the eighth highest regionally. The industry’s exports share decreases in 2023 to 75.9% of total production output. With production value of USD8.4 billion, Spain accounts for 8.4% of the Western Europe total in 2023.
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This Euromonitor industrial report provides unique information on Apparel in Spain: ISIC 181. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Apparel in Spain: ISIC 181 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of cordage, rope, twine and netting, finishing of textiles, made-up textile articles, spinning of textile fibers; weaving of textiles, tanning and dressing of leather, and technical textiles, labels, badges and other textile products.
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