Home / Knowledge / News / Textiles / Spanish spending on apparel will grow 24% by 2017: Report
Spanish spending on apparel will grow 24% by 2017: Report
10
Sep '13
The expenditure on apparel by Spanish citizens will increase by about 24 percent from the current spending, says a latest report released by the Strategic Research Centre of the EAE Business School.
 
The report titled “The Textile and Clothing Expenditure 2013”, estimates that the spending on clothing in Spain in 2017 will be €25.669 million, which will be an increase of 24 percent compared to the current figures.
 
The study also expects a change in spending trend and says that 53 percent of amount spent on apparel would be for buying women’s clothing by 2017, followed by 34 percent on men’s clothing and 14 percent on kidswear. In comparison, the current distribution is 47 percent spent on womenswear, 35 percent on menswear and 18 percent on children’s clothing. 
 
The average spending per person in Spain on garments will increase by about 20 percent over the current spending to €543 by 2017, states the report.
 
Analyzing the state of the Spanish textile industry, the study notes that the number of companies engaged in textile production in Spain was 8,668 in 2012, which was 5.19 percent less than in 2011 and 46.4 percent less than the number of firms existed in 2002.
 
Around 66 percent of all textile and clothing companies in Spain are located in the four autonomous provinces of Catalonia, Madrid, Andalusia and Galicia, the study adds.
 
"International opening processes always have two sides of the same coin: one in which the most competitive producers are favored by the opening of new international markets, and the other, the local producers, who are affected by the presence of more competitive prices that affect their competitiveness in local markets and, indeed, that is the case of the textile sector in Spain,” said Juan Aitor Lake, director, Strategic Research Center of EAE, in a press release.
 

Fibre2fashion News Desk - India


Must ReadView All

Apparel/Garments | On 22nd Sep 2017

Govt announces new duty drawback rates for garments

The Government of India has today announced the new duty drawback...

Courtesy: ITMA

Textiles | On 22nd Sep 2017

ITMA 2019 to focus on smart garment technologies

ITMA 2019, the world's largest textile and garment technology...

Apparel/Garments | On 22nd Sep 2017

New US FTC rule for RN used on textile product labels

The US Federal Trade Commission recently streamlined requirements...

Interviews View All

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Rahul Bhadani
Looksgud

Navigating through catalogues is a bit hasslesome

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Giorgio Mantovani
Corman S.p.A

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

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Pranav Mishra
Huemn

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

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

September 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search