If we consider the entire region of l’Alcoià and El Comtat, the population amounts to:
138.000
Nº Inhabitants
7.913
Nº Companies
Gross income has grown exponentially since 2014, reaching 25,000 euros in recent years.
In comparison with towns in the province of Alicante with similar population numbers, it ranks fifth.
COMPANIES
3.904 companies
SIGNIFICANT GROWTH IN THE 2018-2019 PERIOD
Noteworthy is the low percentage of businesses that closed due to the 2020 pandemic and the economic influence of Alcoy, which covers the regions of L’Alcoià and El Comtat (with significant industrial centers such as Ibi, Banyeres de Mariola, Muro, and Cocentaina). Regarding exports, 1,200 companies export beyond their borders.
Autonomy and added value. Own brands in Alcoià and Comtat.
It’s not just production for chain’s house brand; Alcoià and Comtat has a strong presence of own brands. 18.9% of companies in the region actively participate in international markets, generating 68% of total revenue.
In addition to their impact on the local economy through the export of goods and services, many of these companies stand out for their sector leadership, projecting their influence both nationally and internationally.
Regarding foreign trade, the territory records 245 million euros in imports and 406 million in exports, reinforcing its key role in the global market.
Furthermore, 60% of revenue comes from own-brand products,, which adds significant value to local production and reduces dependency on third parties, consolidating the autonomy and strength of companies in the territory.
ECONOMIC
SECTORS
DATA EXTRACTED FROM INE
TOTAL COMPANIES BY
LOCATION
TOTAL | |
---|---|
Alcoi/Alcoy | 3,904 |
Banyeres de Mariola | 545 |
Castalla | 847 |
Ibi | 1,907 |
Onil | 602 |
Penàguila | 16 |
Tibi | 92 |
Total number of companies | 7,913 |
The stability of this environment is reflected in the longevity of its businesses: 39% of these companies have been in operation for more than 25 years, and the average business age is 21.9 years, well above the national average of 10.8 years.
This stable and consolidated business environment represents a lower-risk scenario with high resilience against negative market movements due to its stability.
Sector | % Revenue |
---|---|
Textile | 30% |
Food | 12% |
Plastic | 12% |
Paper and Cardboard | 10% |
Construction | 7% |
Automotive | 5% |
Machinery | 3% |
Cosmetics | 3% |
Others | 18% |
Industrial Diversification: A Secure Environment for Foreign Investment
Although historically the area has been associated with the textile sector, L’Alcoià and El Comtat hosts a wide diversity of industrial sectors.
This diversity not only reinforces local economic stability but makes the region an attractive destination for foreign investments, as the presence of multiple sectors minimizes risk by not depending on a single industry.
This allows investors to find a more secure and balanced environment to expand their businesses, with growth opportunities in different markets.
Alcoy, cradle of the Industrial Revolution in Spain, stood out in the 19th century as a hub of textile and paper manufacturing, being famous for the production of cigarette paper. Despite the crisis it suffered during the 80s and 90s, the city reinvented itself, preserving and adapting its industrial heritage.
Today, it maintains its entrepreneurial drive, increasing its industrial base and backing entrepreneurs and companies that choose Alcoy as their headquarters.
Various public and private entities support these companies through consulting, training, and financing.
INDUSTRIAL
LAND
1.696.781 m2
of industrially zoned land distributed in
six industrial areas located on the outskirts of
the city:
Alcoy is preparing to create two new industrial areas that will add approximately 620,000 m2 of space designated for industry
The Alcoi Sud Industrial Park is in the planning phase and will be located in the area adjacent to the Ibi municipality.
The Pagos Industrial Park, which seeks a harmonious integration with nature, will be located near the A-7 motorway.
The city is transforming into a smart city, aimed at improving citizens’ wellbeing, protecting the environment, and strengthening the local economy.
Under the “Smart City Alcoy” initiative, strategic plans, comprehensive developments, trials, and projects are being implemented that put citizens at the center. With the goal of generating a positive impact on the population that improves their environmental, economic, and personal surroundings.
Within the city, the historic Rodes Block – a former metalworking factory – is being transformed into a modern technology park. This will be the location of the only Inland Tourism Development Center of the province of Alicante (CDTi).
The objective of an EGM is to improve industrial areas, make them more competitive and attractive for the implementation of new projects while benefiting existing companies.
They work closely with the City Council, managed through municipal services, promoting improvements in the industrial area and ensuring the conservation and maintenance of said area.
Their role is vital in the development, modernization, and revitalization of the industrial sector, promoting quality infrastructure and services, and encouraging sustainable practices such as circular economy.
Cotes Baixes has achieved the categorization of EGM and Advanced Industrial Area, thus facilitating financing and access to grants for infrastructure improvements in the industrial area.
These clusters share resources and knowledge, allowing them to be more competitive in the market.
The area of Alcoy, El Comtat, La Vall d’Albaida consists of the following clusters:
EUIPO is responsible for managing and registering trademarks, allowing companies to protect their brands in the
Located in the city of Ibi,
It is a Spanish entity dedicated to research, development and innovation in the field of toys, children’s products and the plastic industry.
Furthermore, it also manages Community design registrations, which protect product appearance throughout the EU.