In 2023, household expenditure on home textiles in Spain stood at 2.29 billion euros. For 2024, the forecasted expenditure is 2.3 billion euros, showing a minimal year-on-year increase of 0.44%. The value remains steady in 2025 at 2.3 billion euros with no growth. By 2026, it slightly increases to 2.31 billion euros, representing a 0.43% increase. In 2027, the expenditure is forecasted to rise further by 0.43% to 2.32 billion euros and remains the same through 2028.
Over the last two years (2023-2025), the expenditure shows a stagnant trend with an average variation of 0%. The Compound Annual Growth Rate (CAGR) from 2023 to 2028 is forecasted to be 0.26%, showing a modest and steady growth over the five-year period.
Future trends to watch for include shifts in consumer behavior towards sustainable and eco-friendly textiles, technological advancements in textile production, and potential economic fluctuations affecting household spending capacity. Market players should be attentive to these trends to strategize effectively and capture emerging opportunities.