UK: Clothing & Footwear: Clothing 2019-2024

Research By Markets adds Market Research Report - UK: Clothing & Footwear: Clothing 2019-2024

For detailed information: https://www.researchbymarkets.com/report/uk-clothing-footwear-clothing-2019-2024-541586.html

UK: Clothing & Footwear: Clothing 2019-2024

Summary

The UK Clothing 2019-2024 report offers comprehensive insight and analysis of the UK clothing market (including forecasts up to 2024), the major players, the main trends, and consumer attitudes. It provides in-depth analysis of the following: the hot issues impacting the market, strategies for success, market sizes and forecasts, retailer profiles, retailer market shares, consumer data and future outlook. The report focuses on womenswear, menswear, childrenswear and accessories. Consumer data is based on our 2019 How Britain Shops survey, using a panel of 10,000 nationally representative consumers, as well as our 2019 UK clothing survey, using a panel of 5,000 nationally representative consumers.

The UK clothing market is forecast to grow by 6.0% out to 2024, a marginal rise on the growth achieved over the past five years. While we expect consumer confidence to improve as agreements are put in place for the UK to leave the EU with the retail market likely to see some benefit, we do not expect a significant boost to clothing volumes in the short term as shoppers retain their cautious approach to spending.

Scope

– Primark is forecast to overtake M&S as the UK clothing market leader in 2019.
– The percentage of UK consumers that purchased clothing fell by 1.9ppts in the year to March 2019 to 83.2%.
– Value for money is the most important purchase motivator for clothing, especially among family shoppers aged 35-44 and also those aged over 65.
– The UK online clothing market will rise by 27.4% over the next five years, creating a £3.7bn sales opportunity.

Reasons to buy

– Utilise our analysis of how midmarket retailers such as Arcadia, Debenhams and Marks & Spencer are struggling in the clothing sector to consider how to avoid the same pitfalls and stay relevant.
– Learn what drives consumers to make a clothing purchase, such as value for money, quality and price, in order to boost appeal among target customers and maximise sales potential.
– Learn how online retailers can best utilise physical space in order to support long-term growth plans.
– Understand which consumers are shopping online for clothing and what delivery methods they are using in order to refine your online proposition and satisfy shopper needs.

Companies Mentioned:
Accessorize
Adidas
Amazon
Ambrose Wilson
Arcadia
Arket
ASDA
ASOS
boohoo.com
Burberry
Coast
Cos
Crew Clothing
Debenhams
Dorothy Perkins
eBay
Evans
Farfetch
Femme Luxe
Finery
Gymshark
H&M
Harpenne
House of Fraser
Hush
I Saw It First
In The Style
JD Sports
JD Williams
John Lewis & Partners
Karen Millen
Lavish Alice
Littlewoods
M&S
Matalan
Matchesfashion
Missguided
Missy Empire
Monsoon
Mothercare
Mulberry
Net-a-Porter
New Look
Next
Nike
Oasis
Oliver Bonas
Peacocks
PrettyLittleThing
Primark
River Island
Sainsbury’s
Selfridges
Sosandar
Sports Direct
Superdry
Ted Baker
Tesco
TK Maxx
Topman
Topshop
Urban Outfitters
Very.co.uk
Wallis
Zara


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Ritesh Tiwari is the Founder of Research By Markets, a leading Market Research Reports Reseller trusted by Fortune listed companies for their requirements of Syndicated and Custom Market Research Reports. Ritesh has an overall experience of 18+ years in Recruitments, Sales and Operations. He has been associated with the Market Research industry for the past 7 years. He is an avid foodie as well as a huge football fan being a supporter of Manchester United (EPL) and FC Barcelona (La Liga). Get in touch with him via ritesh@researchbymarkets.com. *Market Research News is a part of Research By Markets.