{"id":9265,"date":"2023-10-05T10:47:16","date_gmt":"2023-10-05T08:47:16","guid":{"rendered":"https:\/\/eurotext.de\/en\/?p=9265"},"modified":"2024-09-30T08:48:33","modified_gmt":"2024-09-30T06:48:33","slug":"fashion-e-commerce-in-spain","status":"publish","type":"post","link":"https:\/\/eurotext.de\/en\/blog\/fashion-e-commerce-in-spain\/","title":{"rendered":"Fashion & e-commerce in Spain"},"content":{"rendered":"

Sunshine, sea, beach, flamenco, and overly large servings of alcohol… Those are the first things that come to mind when we think about Spain. Ah yes, flamenco. In our mind\u2019s eye, we see the stereotypical frilly, overly tight dresses for the women, and matador outfits for the men. But Spain has a lot more to offer in terms of fashion. Madrid Fashion week (12-17 September 2023), which is ranked fourth in the world of fashion after Paris, New York, and Milan, attests to the versatility and vision of Spanish designers. <\/p>\n

Spanish fashion is first and foremost wearable. Key aspects for Spanish designers: comfort, the use of natural materials, and outfits that remain wearable beyond just one season. These are important aspects in view of climate change and the increasingly hot and long summers in Spain, where inland temperatures can reach 50 degrees Celsius.<\/p>\n

For most Spanish, however, the top designers remain out of reach. They turn to the internet to recreate their idea of fashion by mixing and matching brands and styles. Let\u2019s have a look at Spanish online shopping behavior.<\/p>\n

In Spain, 51.2% of the population shopped online in 2021 (compared to 42.1% in 2019), and the number of e-commerce users is expected to reach 70% by 2027. Moreover, the fashion slice of e-commerce in Spain grew from a share of 7.8% in 2019 (approximately \u20ac24 billion) to 10.9% in 2021 (approximately \u20ac33 billion). Recent global events played an important role in accelerating shopper adoption of digital channels.<\/p>\n

The tendency towards digital was noticeable before the COVID-19 pandemic, but the harsh lockdowns imposed throughout Spain sped up a multitude of changes in consumer behavior. The increased popularity of online and omnichannel shopping is particularly significant. Consequently, customers hold values such as authenticity or diversity in high regard. They have come to expect increasingly personalized shopping experiences. That is one of the reasons why social media has become more relevant in 2022, and social commerce started to gain more ground among Spanish shoppers.<\/p>\n

Social commerce via Facebook and Instagram has grown in importance, with plenty of micro shops run out of private homes cropping up alongside the big-name brands. The products marketed on social media can then be viewed at markets, sales events, or private sales parties, much like the Tupperware or Ann Summers parties of the 1980s. On the other end of the scale, online giants like Shein, offering very affordable fashion \u2013 regardless of season \u2013 are cleaning up among the fashion-hungry Spanish.<\/p>\n

At the start of 2022, Spain\u2019s population was 46.73 million, with an almost even 50-50 gender split and roughly 48% of the population in the age group 18-54. Spain\u2019s internet penetration rate stood at 94.0%. According to Statista,<\/strong> online fashion sales have been experiencing steady growth in recent years. Notably, Spain is home to some of the world\u2019s most recognized apparel brands, as well as up-and-coming new designers. Fashion accounts for 22.8% of the total e-commerce market in Spain. According to the research consultancy ecommercedb.com<\/strong>, the expected compound annual growth rate for the next four years (CAGR 2023-2027) will be 10.1%. ecommerceDB distinguishes the following three sub-markets: Apparel, Bags & Accessories, and Footwear.<\/p>\n

The Spanish Apparel e-commerce market accounts for 57.4% of the overall Fashion e-commerce in Spain. For Bags & Accessories, the online share is 31.4% and will increase by an average of 23.5% to 73.1% by 2027, while Footwear currently accounts for 31.3% and will increase by an average of 5.0% to 38.0% by 2027.<\/p>\n

However, Statista<\/strong> also notes that the average annual wage in Spain stood at approximately \u20ac29,113 in 2022. Compared to other European countries, Spain therefore ranked fairly low alongside salaries in Italy and Slovenia, remaining far behind the top earners in Europe.<\/p>\n

Key trends<\/h2>\n

Spanish shoppers, by necessity, have become some of the most discerning online customers, and are driven by key trends when it comes to online fashion shopping:<\/p>\n

Sustainability at no extra cost to the consumer<\/h3>\n