The market is dominated by foreign suppliers, as imports account for 56.9% of total market size in 2023. B2B drives market demand, with B2B spending representing 56.1% of total demand in 2023. Spain has the fifth largest market size for machinery for textile and apparel production regionally, with demand reaching USD1.0 billion in 2023. Girbau SA is the largest company in Spain, generating 27.1% of the industry’s total production value in 2023. The industry is concentrated, with the top five companies generating 50.4% of total production value in 2023. The total number of companies decreases in 2023, to 422 units. The costs of the industry increase by 5.1% in 2023, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 18.4% of production value in 2023, the fourth highest regionally. The industry’s exports share decreases in 2023 to 38.0% of total production output. With production value of USD473 million, Spain accounts for 2.7% of the Western Europe total in 2023.
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This Euromonitor industrial report provides unique information on Machinery for Textile and Apparel Production in Spain: ISIC 2926. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Machinery for Textile and Apparel Production in Spain: ISIC 2926 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of general purpose machinery and special purpose machinery.
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