Home / Knowledge / News / Apparel/Garments / Spain's per capita spending on apparel dips 22% since 2007
Spain's per capita spending on apparel dips 22% since 2007
17
Dec '12
The average annual per capita expenditure for purchase of clothing items by Spanish citizens has decreased by about 22 percent since 2007, according to a study done by the Strategic Research Centre of EAE Business School.
 
The report titled “The textile sector and spending on clothing in Spain in 2012,” analyzes the production and per capita expenditure of families on clothing.
 
The provinces of Basque, Navarra and Cantabria spend more on clothing per person compared to other Spanish autonomous units, the study says.
 
People spend € 9.531 million on buying women’s clothing per annum in Spain, compared to expenditure of € 7.124 million spent on men’s clothing, according to the report.
 
The report says nearly 7,000 textile companies have shutdown their businesses in Spain since 2002, the year in which they registered their peak business.
 
It cites the increase in the import of textiles from Asia and China as the main reason for closure of textile manufacturing units in Spain since 2002.
 
On the other hand, Spanish textile imports have increased during the ten year period from 2002 to 2011, the report states. China, Turkey and Morocco accounted for 36.3 percent, 15.5 percent and 13.3 percent, respectively, of all Spanish textile imports in 2011.
 
Between 2007 and 2011, there has been a 19.4 percent reduction in total Spanish spending on garments. While spending on male apparels declined by 22 percent, the expenses on women’s and children’s clothing items fell by 18.4 percent and 16.6 percent, respectively.
 
The report states that the global apparel market grew by 11.1 percent between 2007 and 2011, led by the US market, which grew by 13.9 percent. European region recorded slower growth at about 5.1 percent.
 
It expects the US to continue to lead the global apparel market with a share of 37.6 percent in 2016, followed by Europe with 34.7 percent share.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 9th Dec 2016

ACIMIT signs MoU with Pakistan textile bodies

In a bid to strengthen the trading in garments and textiles between...

Textiles | On 9th Dec 2016

‘Less demand may make it hard to achieve export target’

The $48 billion target for textiles and garment exports for 2016-17...

Textiles | On 9th Dec 2016

GST Council may decrease tax rates in future: CBEC

The goods and services tax (GST) Council might reduce the proposed...

Interviews View All

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search