Footwear market in Spain - statistics & facts
Camper, Panama Jack, and Pikolinos - these are just some of Spain’s footwear brands of international recognition. While Spain is known for its fashion giant Inditex and its department store chain El Corte Inglés, the country’s footwear market is a significant contributor to this vibrant fashion industry.
The production value of footwear manufacturing in Spain amounted to 2.5 billion euros in 2021, increasing by over 100 million euros compared to the previous year. On the consumer side, the total household expenditure on footwear amounted to over six billion euros in 2021, and close to seven billion euros the following year.
The Spanish footwear market is set to remain stable over the next couple of years, forecast to reach a revenue of seven billion U.S. dollars by 2029. Boots will continue to be the strongest segment in the footwear market in Spain.
International trade
While Spain's footwear export figures are well below that of manufacturing powerhouses like China or Vietnam, Spain still plays a significant role in the global footwear market. As of 2022, Spain was the eighth biggest importer of footwear in the world, following other European fashion power houses like France and Italy. Still, the Spanish footwear market counts with a negative trade balance, or trade deficit, importing a slightly higher value of shoes than it exports.Major Spanish fashion brands
Industria de Diseño Textil S.A., more commonly known Inditex, is the leading Spanish fashion group. The company owns several popular high street brands: Zara, Pull & Bear, Massimo Dutti, Bershka, Stradivarius, and Oysho. Grupo Inditex also owns the homeware store Zara Home. Then there is Tempe Inditex, a firm that designs, markets, and distributes the footwear and accessories sold by the Inditex Group brands. In 2023, Tempe S.A. generated a sales value of over 1.5 billion euros in Spain. As far as footwear retailers in Spain, Merkal Calzados S.L. registered the highest sales value that year. Other popular names include Deichmann, Snipes, and RKS.The Spanish footwear market is set to remain stable over the next couple of years, forecast to reach a revenue of seven billion U.S. dollars by 2029. Boots will continue to be the strongest segment in the footwear market in Spain.
