The market is dominated by foreign suppliers, as imports account for 89.1% of total market size in 2023. Households drive market demand, with household spending representing 56.8% of total demand in 2023. Spain has the sixth largest market size for domestic appliances regionally, with demand reaching USD6.5 billion in 2023. BSH Electrodomésticos España SA is the largest company in Spain, generating 36.4% of the industry’s total production value in 2023. The industry is concentrated, with the top five companies generating 72.1% of total production value in 2023. The total number of companies decreases in 2023, to 199 units. The costs of the industry decrease by 2.9% in 2023, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 14.8% of production value in 2023, the sixth highest regionally. The industry’s exports share decreases in 2023 to 78.6% of total production output. With production value of USD2.9 billion, Spain accounts for 5.1% of the Western Europe total in 2023.
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This Euromonitor industrial report provides unique information on Domestic Appliances in Spain: ISIC 293. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Domestic Appliances in Spain: ISIC 293 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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