Households drive market demand, with household spending representing 60.1% of total demand in 2022. VidaCaixa Group SA is the largest company in Spain, generating 5.7% of the industry’s total turnover value in 2022. The industry is fragmented, with the top five companies generating 21.6% of total production value in 2022. The total number of companies decreases in 2022, to 68,078 units. The costs of the industry decrease by 11.4% in 2022, largely driven by declining B2B costs. The industry’s profitability increases and stands at 36.6% of turnover in 2022, the second highest regionally. With turnover of USD21.1 billion, Spain accounts for 4.6% of the Western Europe total in 2022.
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This Euromonitor industrial report provides unique information on Insurance and Pension Funding in Spain: ISIC 66. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Insurance and Pension Funding in Spain: ISIC 66 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of insurance and pension funding, monetary intermediation.
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