The market is dominated by foreign suppliers, as imports account for 85.7% of total market size in 2021. Households drive market demand, with household spending representing 47.8% of total demand in 2021. Spain has the fifth largest market size for sports goods regionally, with demand reaching USD2.0 billion in 2021. Exercycle SL is the largest company in Spain, generating 12.4% of the industry’s total production value in 2021. The industry is fragmented, with the top five companies generating 30.5% of total production value in 2021. The total number of companies increases in 2021, to 287 units. The costs of the industry increase by 18.3% in 2021, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 7.9% of production value in 2021, the 16th highest regionally. The industry’s exports share increases in 2021 to 68.2% of total production output. With production value of USD418 million, Spain accounts for 5.5% of the Western Europe total in 2021.
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This Euromonitor industrial report provides unique information on Sports Goods in Spain: ISIC 3693. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Sports Goods in Spain: ISIC 3693 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Household Goods is an aggregation of Furniture, Jewellery and Related Articles, Musical Instruments; Imitation Jewellery, Brushes and Other Personal Items, Sports Goods, Toys and Games, Watches and Clocks.
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