Households drive market demand, with household spending representing 52.4% of total demand in 2023. VidaCaixa Group SA is the largest company in Spain, generating 5.8% of the industry’s total turnover value in 2023. The industry is fragmented, with the top five companies generating 21.9% of total production value in 2023. The total number of companies increases in 2023, to 69,662 units. The costs of the industry increase by 15.8% in 2023, largely driven by rising B2B costs. The industry’s profitability increases and stands at 31.8% of turnover in 2023, the third highest regionally. With turnover of USD22.0 billion, Spain accounts for 4.2% of the Western Europe total in 2023.
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This Euromonitor industrial report provides unique information on Insurance and Pension Funding in Spain: ISIC 66. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Insurance and Pension Funding in Spain: ISIC 66 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of insurance and pension funding, monetary intermediation.
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