India is third largest market for Lladro

"About 35-40% of our sales come from our 'Spirit of India' collection," said Cruz. "In 2021, we grew 33%, and in 2022, we expect to grow between 35 and 37%. Globally, we are growing at 15% year-to-date compared to last year," said Fernando Gallego Cruz, global sales director, Lladro SA.

post by Priya | 5:26am on 23rd Sep 2022 Friday
#India

The Indian market has surpassed Spain to emerge as the third largest market for iconic Spanish porcelain brand Lladro-after Japan and the US-as a sharp rebound in sales in 2022 catapulted the India business into one of the fastest growing in the world. "In 2021, we grew 33%, and in 2022, we expect to grow between 35 and 37%. Globally, we are growing at 15% year-to-date compared to last year," said Fernando Gallego Cruz, global sales director, Lladro SA. "The Indian market has a promising future for us and we will invest in the market."