Spain: Market anticipating two per cent growth in 2019

The Spanish hardware and DIY market will grow by 2.1% in 2019 according to the Comité de Economía of the Spanish manufacturers’ association AFEB (Asociación de fabricantes de bricolaje y ferretería) at its tenth Foro AFEB de Verano. The home improvement market in Spain is dominated by the French Adeo Group, which has a 72% market share. In Portugal its share is 66%, according to the AFEB. The conference heard that online shopping continues to develop strong momentum, even if still at a low level. Growth rates increased from 23.7% in 2018 to 30.3% in the first six months of 2019.

 

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