Home improvement in Spain is projected to post a marginal increase in retail value (constant 2024 prices) sales in 2025 and see gradually rising growth rates through the forecast period. Key growth drivers are expected to include rising moderate economic growth, with more stable inflation and rising disposable incomes, ongoing urbanisation, technological advancements in smart home products and a growing preference for eco-friendly materials.
Corded drills and “other” corded power tools are expected to continue to see declines in retail value (constant 2024 prices) sales through the forecast period in Spain, due to the rise of cordless battery-powered tools. This shift is driven by advancements in lithium-ion battery technology under leading brands like Bosch and Black+Decker, which offer drills and other power tools with longer run times and improved efficiency.
Home improvement in Spain is experiencing significant innovation across various categories, including bathroom and sanitaryware, floor covering and hardware. In bathroom and sanitaryware, advancements like touchless faucets, smart toilets with integrated bidet functions and water-saving technologies are becoming increasingly popular.
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Understand the latest market trends and future growth opportunities for the Home Improvement industry in Spain with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Home Improvement industry in Spain, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Home Improvement
Includes: products purchased by consumers through retail channels.Excludes: commercial sales to professional builders / tradesmen / contractors etc. Home improvement refers to bathroom and sanitaryware, decorating sundries, floor covering, hand tools, hardware, home paint, kitchen sinks, power tools, wall covering and other home improvement.
See all of our definitionsThis report originates from Passport, our Home Improvement research and analysis database.
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