openPR Logo
Press release

Impact of COVID-19 on Spain Economy Size, Industry Trends, Share and Forecast 2020-2026

06-12-2020 01:34 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Impact of COVID-19 on Spain Economy Size, Industry Trends, Share

Spain is the third most affected country due to the COVID-19 pandemic globally. The country is the second most affected country in Europe after Italy due to coronavirus with more than 95,000 cases by the end of March 2020. The country has registered the second-highest global mortalities after Italy due to the pandemic. The country was under lockdown from March 14, 2020, and after the sudden increase in the fatalities, the lockdown has been extended to April 12, 2020, and people can move only for food, medicine, and other important work. As per the International Monetary Fund, the country was 13th largest economy globally with a GDP of $1.4 trillion and a growth of nearly 2% in 2019. Due to the pandemic, the country’s growth is expected to slow down and there is a high chance that it will witness a negative growth rate in 2020.

A full report description of Impact of COVID-19 on Spain Economy at https://www.omrglobal.com/industry-reports/impact-of-covid-19-on-spain-economy

Based on industry classification, Spain's economy is studied into automobile, energy, healthcare, retail & e-commerce, agribusiness and food, aviation, manufacturing, travel & tourism, and others. A major slowdown in the aviation, travel and tourism, manufacturing, as well as the construction sector, has been reported due to COVID-19. Many sites have been shut down due to the coronavirus outbreak. Moreover, various production and manufacturing operations are also being disrupted and investment plans put on hold in Spain. As a result of travel restrictions following public health, the crisis has also reduced the travel and tourism industry in Spain.

Request a Free Report on Sample of Impact of COVID-19 on Spain Economy@ https://www.omrglobal.com/request-sample/impact-of-covid-19-on-spain-economy

After France and the US, Spain was the third-most visited country by tourists globally. Due to the COVID-19, many people are postponing or canceling their vacation and avoiding even the local areas where a large number of people assemble which is thereby affecting tourism and related sectors such as transport, hospitality, and air travel. Besides, Spain has a diverse industrial base including manufacturing, agribusiness, infrastructure, and renewable energy sectors. The cities of Madrid and Barcelona in Spain are the main regions for the commercial activities within the country. The recent pandemic is causing significant turbulence to the economy of Spain. A sudden drop in domestic and external demand for goods and products, reduction in various trades, halts in production due to labor and raw material shortage are some of the major impacts observed in the country.

Market Segmentation

• Automobile
• Energy
• Healthcare
• Retail & E-commerce
• Agribusiness and Food
• Aviation
• Manufacturing
• Travel and Tourism
• Others (Construction, Electronics)

Company Profiles

• Aernnova Aerospace SA
• Airbus SE
• BFS Blue Enterprises
• Daimler AG
• Distribuidora Internacional de Alimentacion, SA
• EDP Renewables SA
• Fersa Energias Renovables SA
• Ford Motor Co.
• Iberdrola SA
• Iberia Lineas Aereas de Espana SA Operadora
• Indra Sistemas, S.A.
• Industria de DisenoTextil, SA
• Mandarin Oriental Hotel Group
• Marriott International, Inc.
• Meliá Hotels International, S.A.
• Mercadona SA
• NH Hotel Group SA
• Rolls-Royce PLC
• Torresol Energy SA

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/impact-of-covid-19-on-spain-economy

For More Information, Visit https://www.omrglobal.com
Media Contact:

Company Name: Orion Market Research
Contact Person: Mr. AnuragTiwari
Email: info@omrglobal.com
Contact no: +1 646-755-7667, +91 780-304-0404

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Impact of COVID-19 on Spain Economy Size, Industry Trends, Share and Forecast 2020-2026 here

News-ID: 2073347 • Views:

More Releases from Orion Market Research

Used Cooking Oil Market Development, Industry Trends, Demand and Growth Analysis and Forecasts 2033
Used Cooking Oil Market Development, Industry Trends, Demand and Growth Analysis …
The global Used Cooking Oil (UCO) Market was valued at approximately USD 6.1 billion in 2023 and is projected to reach around USD 11.8 billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of about 7.5% from 2024 to 2032. Used Cooking Oil Market Overview The Used Cooking Oil Market is gaining traction globally, driven by rising demand for sustainable biofuels, particularly biodiesel. Governments and environmental bodies are
Loader Buckets Market to see Huge Growth by 2028
Loader Buckets Market to see Huge Growth by 2028
Market experts do detailed market study about entire market from several angles to depict the most updated and key market data to form this detailed Loader Buckets Market research report and help startups to reinforce their presence. This report further aims at covering vital data and figures on major areas such Asia Pacific, North America, Middle East, Europe, Latin America and Africa.  Business participants can also obtain larger gains as
Probiotics Supplement Market Trends, Business Overview, Industry Growth and Fore …
The global probiotics supplement market is anticipated to grow at a significant CAGR of 7.2% during the forecast period (2022-2028). The rising consumer awareness for healthcare and fitness with rising disposable income, are likely to drive the market growth. Probiotics enable to maintenance of a healthy balance of gut flora and have been linked to a variety of health advantages, including weight loss, digestive health, and immunological function. The market
Brick Pavers Market Top Leading Players with Strategies and Forecast 2028
Brick Pavers Market Size, Share & Trends Analysis is a professional and in-depth study on the current state of the global Brick Pavers market with a focus on the  market. The report provides key statistics on market of Brick Pavers. It is a valuable source of guidance and direction for companies and individuals interested in Brick Pavers industry. Key Players Belgard Acme Brick Company The Belden Brick Company Wienerberger Pine Hall Brick Redland Brick   By Type General Brick Pavers Wall

All 5 Releases


More Releases for Spain

Padel Clubs Market with Top Companies Data - Padel Club (Spain), World Padel Tou …
The Padel Clubs Market Size was valued at USD XX.X Million in 2023. The market is projected to grow to USD XX.X Million by 2032, exhibiting a compound annual growth rate (CAGR) of XX.X% from 2024 to 2032. In-Depth Analysis of Padel Clubs Market | Research Report [2024-2032] - https://www.globalmarketstatistics.com/market-reports/padel-clubs-market-11008 "Padel Clubs Market" Research Report Revealing a Comprehensive Analysis of Industry Trends, Growth, and Opportunities By Types (Outdoor Courts, Indoor Courts, Others),
"Your Way to Spain" Launches Comprehensive Relocation Services for Individuals M …
Madrid, Spain - September 10, 2024 - "Your Way to Spain" is proud to announce the launch of its specialized relocation services, tailored to meet the growing demand for seamless, stress-free moves to Spain. This comprehensive service aims to simplify the relocation process for individuals, families, and retirees looking to establish a new life in Spain, offering personalized support at every stage. The relocation process often involves navigating complex visa requirements,
Customized events and trips in Spain for foreigners, with Spain Luxury Incoming
Image: https://www.getnews.info/wp-content/uploads/2024/05/1714589693.jpeg In recent years, Spain has gained widespread popularity as an ideal destination for international travel. Every year, thousands of visitors come to this territory from various countries, drawn by its rich history, cultural diversity, majestic natural landscapes, and diverse and award-winning gastronomy. For these travelers, Spain Luxury Incoming [https://spainluxuryincoming.com/] provides a first-class experience during their visit to Spanish lands, through a luxury travel [https://spainluxuryincoming.com/] service that offers unique and exclusive
Fairing Market 2022 Analysis by Top Manufacturers - Aciturri (Spain),AERnnova(Sp …
The Global "Fairing Market" research report offers an in-depth examination of the current trends, latest expansions, conditions, market size, various drivers, limitations, and key players along with their profile details. The Fairing Market Research report offers the historic data for the year 2016 to 2021 and also makes available the forecast data from the year 2022 to 2028 which is based on revenue. With the help of all this information
Spain Agriculture Market, Spain Agriculture Industry, Spain Agriculture Livestoc …
The Agriculture has always been of prodigious importance for Spain region, as feeding the world’s principal population is not an easy assignment. The Spain government has been auxiliary the industry of agriculture with a significant number of policies, trying to stabilize the productivity and seeking ways to ensure the sector is upward healthily and sustainably. The federal government of Spain has been exceedingly supportive of agriculture for decades, and there
Bridal Wear Market 2019 by Top Growing Companies - Pronovias Fashion Group (Spai …
Bridal Wear Market share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks). Global Bridal Wear Market 2019 provides the summarized study on the market covering many factors encouraging the expansion of the market like manufacturers, market size, type, regions, and applications. The report is the most important research for who looks for complete information on the global Bridal Wear