Spain: Electricals - Market Shares, Summary & Forecasts to 2023

Spain: Electricals - Market Shares, Summary & Forecasts to 2023

Summary

Spain: Electricals - Market Shares Summary Forecasts to 2023 provides data for historic and forecast retail sales, and also includes information on the business environment and country risk related to Spain retail environment. In addition, it analyzes the key consumer trends influencing Spain electricals industry

The electricals sector grew 3.4% in 2018 to reach €15.7 billion. It is forecast to grow at a CAGR of 3.4% from 2018 and 2023 to reach €18.6 billion. Favorable economic conditions led to an increase in consumer’s purchasing power, which in turn drives the sector growth.

What else does this report offer?

- In-depth analysis of the latest trends in consumer shopping, covering the factors driving shopping, consumer insights, market dynamics
- The report also details major retailers in electricals category group with their product proposition analysis and market positioning in 2018 along with recent key developments
- Market insights based on consumer trends, changing economic and demographic factors, technology innovations, and other macroeconomic factors
- Retail sales and the fastest-growing product categories in electricals sector
- Qualitative and quantitative insights of changing retail dynamics in electricals sector

Scope

- Increase in purchasing power and flexible payment options to drive growth
- Online outperforms and special shopping events further accelerate online sales
- Online penetration in electricals is the highest across all sectors
- Despite efforts to better integrate stores and online, Media Markt loses share as competition rises

Reasons to buy

- Gain a comprehensive knowledge on electricals sector in Spain retail market and develop a competitive advantage from the start of your supply chain
- Investigate current and forecast behavior trends in electricals category to identify the best opportunities to exploit
- Analysis of key international and domestic players operating in the electricals market
- Explore novel opportunities that will allow you to align your product offerings and strategies to meet demand by analyzing the vital economic and population trends, key consumer and technology trends influencing the electricals market
- Analyze the recommended actions to align your marketing strategies with the crucial trends influencing consumer behavior
- Analysis of key international and domestic players operating in Spain retail market — including store counts and revenues that give you a competitive edge and identify opportunities to improve your market share