Spain

In 2020, COVID-19 has severely affected the mobility industry in Spain, with the national lockdown, home seclusion requirements and travel restrictions greatly reducing the need for car rental. It has impacted demand for both business and leisure ...

Airlines has been significantly affected by the outbreak of COVID-19. With fleets grounded across the competitive landscape and flight schedules put on hold during lockdown in Spain, passenger numbers for 2020 have been heavily reduced. Based on a ...

Lodging has been strongly affected by COVID-19 in 2020. The State of Emergency in Spain resulted in the closure of the international borders and of almost all lodging establishments for tourists (several were left “on duty”). Hotels and short-term ...

Despite the overall decline in value sales for travel intermediaries in 2020 as a result of the COVID-19 national lockdown in Spain and travel restrictions to and from the country, the value share of internet transactions through intermediaries is ...

The severe outbreak of COVID-19 in Spain, with the consequent declaration of a State of Emergency and the closure of the country’s borders, has significantly restricted the country’s tourism flows in 2020. Both inbound and outbound trips are expected...

Spain’s heavy reliance on tourism, with the country being one of the most popular destinations in the world, has meant that the impact of COVID-19 on the Spanish travel market in 2020 has been severe. It is likely to have a prolonged effect on ...

Home video volume and current value sales have been in decline for several years in Spain. This is primarily due to maturity and comparatively long replacement cycles in the dominant category of televisions, but also reflects the fact that BD players...

In-car entertainment in Spain is in long-term decline, for a number of reasons. Firstly, most new vehicles sold in the country now come with pre-installed speakers, navigation systems and media players as standard. Accordingly, this category is ...

Overall volume and current value growth rates for wearable electronics in 2020 are expected to be down sharply on 2019. While this is partly the result of increasing maturity, the slowdown is primarily due to the impact of COVID-19. Most notably, ...

Volume sales of smartphones in Spain have declined consistently in recent years. This is mainly the result of saturation, with the gradual extension of replacement cycles – partly driven by a lack of significant innovation – also inhibiting demand. ...

While computers and peripherals retail volume sales look set to decline marginally over 2020 as a whole, this would be a significant improvement on the more substantial drop recorded in 2019. Similarly, following a decline in 2019, double-digit ...

Consumer electronics in Spain looks set to record a decline in total volume sales for 2020 as a whole, which would be in keeping with the downward trend observed throughout the review period. Total current value sales should continue to increase, ...

Demand for all types of home audio and cinema products has been in decline for a number of years in Spain, primarily because of consumer migration to alternative devices and technologies. The rise of digital media formats and streaming services like ...

As evidenced by the negative results it registered in volume and current value terms over most of the review period, the long-term trajectory of imaging devices in Spain is one of decline. This is due to cannibalisation by smartphones, which in ...

While growth rates will be well down on 2019 due to the economic shock of COVID-19, wireless speakers is the only portable players category expected to see volume and current value sales increase over 2020 as a whole. Its expansion will continue to ...

Spain is experiencing a steep recession. The severe outbreak of the Coronavirus (COVID-19) pandemic and the confinement measures taken in response have resulted in a sharp contraction of activity in the first half of the year, with the service sector...

In Q3 2020, global economic activity levels remain significantly below normal. Under the baseline forecast the global economy is headed for the worst global recession since the great depression of the 1930s, with global output set to contract by 3-6%...

Population growth in Spain in 2019-2040 will be propelled by positive net migration, as natural change remains negative. With older 60+ age cohorts swelling, ageing will accelerate further, placing more pressure on state resources. While life ...

The strict lockdown in Spain due to the outbreak of COVID-19 required the short-term closure of all on-trade establishments. This is forecast to have a severe impact on on-trade volume sales of alcoholic drinks in 2020, which is not likely to be ...

Cider/perry continued its steady, positive performance in Spain in 2019, favoured by consumers’ perception that these alcoholic drinks are healthier, more natural, lighter, and more suitable for on-trade consumption during the week. In addition, ...