As seen in other EU countries, in 2020 Spanish authorities took the decision to impose a national lockdown in order to control the expansion of the COVID-19 pandemic. The quarantine period began on 15 March, with eases in restrictions being carried out from 4 May.
Spanish consumers are increasingly looking for comfort in their life. This is leading to a change in the clothes and shoes they wear, with trainers and other sports-inspired footwear expected to become the top trend in the short to medium term.
Franchising Calzedonia España remained the leading player in hosiery in 2020. The company benefits from a strong reputation for comfort and long-lasting products, while it reaches many Spaniards through its large network of stores.
The COVID-19 pandemic resulted in the largest decline of Spanish GDP since the Civil War, with latest estimations by the EU showing no other country in the community is recording a greater decrease in its GDP. Spain’s economic recovery is likely to be lengthy as very high unemployment figures and declining disposable incomes are predicted to continue over the short to medium term.
Climate change in Spain is evident through milder winters and longer summers, diminishing the need for hosiery. Moreover, sandals are increasingly worn in colder months, deterring Spanish females from wearing sheer hosiery.
The rising popularity of elaborately designed socks is encouraging many small brands to launch online shops in the country. Spanish males continue to leave their ties at home and choose socks to personalise their look.
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Understand the latest market trends and future growth opportunities for the Hosiery industry in Spain with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Hosiery industry in Spain, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
This report originates from Passport, our Hosiery research and analysis database.
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