Spanish Luxury Brands Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The report covers Luxury Brands in Spain and is segmented by Type (Clothing and Apparel, Footwear, Bags, Jewelry, Watches, and Other Accessories); by Distribution Channel (Single-brand Stores, Multi-brand Stores, Online Stores, and Other Distribution Channels).

Spanish Luxury Brands Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Spain Luxury Brands Market Size

spain luxury goods
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2019 - 2023
CAGR 5.10 %
Market Concentration Low

Major Players

Spain Luxury Goods Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Spain Luxury Goods Market with other markets in Consumer Goods and Services Industry

Apparel, Footwear & Accessories

Luxury Goods & Services

Recreational Goods

Baby Care

Beauty and Personal Care

Consumer Services

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Spain Luxury Brands Market Analysis

The Spain Luxury Goods Market is expected to register a CAGR of 5.1% during the forecast period.

The Spain luxury goods industry has been heavily impacted by the Covid-19 crisis. Tourist arrivals have decreased as a result of the lockdown and restrictions enforced, compelling them to stay at home. Online purchasing for luxury items, on the other hand, has flourished and therefore the pandemic has highlighted the need for digitization as a key strategy for luxury brands in the forecasted years. Further, the market performance during the second quarter of 2020 demonstrates that luxury brands are ready to adopt more online channel marketing which in turn is anticipated to increase online sales of luxury goods in the future. For instance, in June 2022, Amazon launched its luxury fashion platforms in key European countries including Spain. In Spain, luxury stores have been launched to showcase ready-to-wear collections from established and emerging brands including Christopher Kane, Dundas, Elie Saab, Mira Mikati, Rianna + Nina, Boglioli, Jonathan Cohen, and Altuzarra. The luxury brands are anticipated to distribute through their own or Amazon's warehouse and will offer free returns and delivery services.

Over the medium term, millennials are considered to be the target consumers for luxury goods, as the generation is more open to spending on life's luxuries supported by financial independence and significant disposable income. Further, the increased exposure to the global and regional fashion trends due to the rising use of social media platforms is the key factor shaping consumer buying behavior. In response to this trend, luxury brands are collaborating with social media influencers to create purposeful promotional campaigns, which in turn encourage affluent consumers to purchase luxury fashion products.

Additionally, modern consumers are concerned about an ever-worsening climate crisis and desire to make a difference by adopting sustainable fashion trends. Therefore, luxury businesses' sustainability practices have a significant impact on the purchasing decisions of millennial consumers, which in turn promotes R&D and innovation to develop a range of luxury goods with the use of eco-friendly materials and ethical manufacturing methods. For instance, Spanish brands specializing in sustainable luxury fashion goods include - AVASAN, Flamingos' Life, Castañer, TwoThirds, and Balenciaga, among others.

Spain Luxury Brands Industry Overview

The Spain luxury goods market is a fragmented market, with many international companies and conglomerates like LVMH Moët Hennessy Louis Vuitton, Kering Group, Prada Holding S.P.A., Hermès International S.A., and Chanel SA among others competing with several other regional brands for significant market share. Key companies are emphasizing on mergers, expansion, acquisitions, and partnerships along with new product development in order to boost their market presence and reach the target customers. For instance, In June 2020, Spanish perfume and fashion company Puig invested its majority stake in British makeup brand Charlotte Tilbury Beauty Ltd.

Spain Luxury Brands Market Leaders

  1. Kering Group

  2. Prada Holding S.P.A.

  3. Hermès International S.A.

  4. Chanel SA

  5. LVMH Moët Hennessy Louis Vuitton

  6. *Disclaimer: Major Players sorted in no particular order
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Spain Luxury Brands Market News

  • In June 2022, Amazon launches its luxury fashion vertical in Spain. The e-commerce platform will include luxury fashion and beauty labels such as Christopher Kane, Dundas, Mira Mikati, Rianna+Nina and Altuzarra.
  • In July 2021, Carner Barcelona, a luxury perfume brand launched its first collection of hair perfumes, featuring natural ingredients. The perfume collection is available in four different fragrances namely, Tardes, Bo-bo, Latin Lover, and Costarela.
  • In February 2021, Spanish brand Hoss Intropia, which was acquired by fashion group Tendam in 2019, relaunched in the market with its spring/summer 2021 collection.

Spain Luxury Brands Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
  • 4.3 Market Restraints
  • 4.4 Porter's Five Force Analysis
    • 4.4.1 Threat of New Entrants
    • 4.4.2 Bargaining Power of Buyers/Consumers
    • 4.4.3 Bargaining Power of Suppliers
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 By Type
    • 5.1.1 Clothing and Apparel
    • 5.1.2 Footwear
    • 5.1.3 Jewellery
    • 5.1.4 Watches
    • 5.1.5 Bags
    • 5.1.6 Other Luxury Goods
  • 5.2 By Distribution Channel
    • 5.2.1 Single-brand Store
    • 5.2.2 Multi-brand Stores
    • 5.2.3 Online Stores
    • 5.2.4 Other Distribution Channels

6. COMPETITIVE LANDSCAPE

  • 6.1 Most Adopted Strategies
  • 6.2 Market Positioning of Key Players
  • 6.3 Company Profiles
    • 6.3.1 Prada Holding S.P.A.
    • 6.3.2 Hermes International S.A.
    • 6.3.3 Chanel SA
    • 6.3.4 Kering Group
    • 6.3.5 Rolex SA
    • 6.3.6 LVMH Moët Hennessy Louis Vuitton
    • 6.3.7 Audemars Piguet Holding SA
    • 6.3.8 Patek Philippe
    • 6.3.9 PUIG
    • 6.3.10 Giorgio Armani
  • *List Not Exhaustive

7. MARKET OPPURTUNITIES AND FUTURE TRENDS

8. IMPACT OF COVID 19 ON THE MARKET

9. DISCLAIMER

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Spain Luxury Brands Industry Segmentation

Luxury goods refer to premium or elite quality products which are expensive as compared to conventional accessories. The Spain luxury goods market is segmented by type and distribution channel. By type, the market is categorized into clothing and apparel, footwear, bags, jewelry, watches, and other luxury goods. By distribution channel, the market is segmented into single-brand stores, multi-brand stores, online stores, and other distribution channels. The report offers market size and forecasts in terms of value (USD million ) for all the above segments.

By Type Clothing and Apparel
Footwear
Jewellery
Watches
Bags
Other Luxury Goods
By Distribution Channel Single-brand Store
Multi-brand Stores
Online Stores
Other Distribution Channels
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Spain Luxury Brands Market Research FAQs

What is the current Spain Luxury Goods Market size?

The Spain Luxury Goods Market is projected to register a CAGR of 5.1% during the forecast period (2025-2030)

Who are the key players in Spain Luxury Goods Market?

Kering Group, Prada Holding S.P.A., Hermès International S.A., Chanel SA and LVMH Moët Hennessy Louis Vuitton are the major companies operating in the Spain Luxury Goods Market.

What years does this Spain Luxury Goods Market cover?

The report covers the Spain Luxury Goods Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Spain Luxury Goods Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Spain Luxury Goods Industry Report

Statistics for the 2025 Spain Luxury Goods market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Spain Luxury Goods analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.