B2B drives market demand, with B2B spending representing 95.6% of total demand in 2022. SGS Española de Control SA is the largest company in Spain, generating 22.5% of the industry’s total turnover value in 2022. The industry is fragmented, with the top three companies generating 23.0% of total production value in 2022. The total number of companies increases in 2022, to 14,681 units. The costs of the industry decrease by 6.2% in 2022, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 13.5% of turnover in 2022, the 18th highest regionally. With turnover of USD3.6 billion, Spain accounts for 6.2% of the Western Europe total in 2022.
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This Euromonitor industrial report provides unique information on Technical Testing and Analysis in Spain: ISIC 7422. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Technical Testing and Analysis in Spain: ISIC 7422 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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