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(I-TravelNewswire.Com, July 18, 2018 ) The UK clothing market will grow by £7.3bn over the next five years. While growth is 3.9 percentage points stronger than that of 2012-17, the market will be driven by inflation, staying above the 2.0% mark until 2020 owing to the weak pound driving up import and manufacturing costs. Volumes will remain weak as shoppers cut back due to squeezed disposable incomes, prioritising essentials such as food & grocery or leisure activities.
For more information about this report: http://www.reportsweb.com/The-UK-Clothing-Market-2017-2022
Scope
- Young clothing shoppers have the higher purchase frequency, with 58.1% of 16-24s buying clothing at least once a month, boosted by fast fashion trends and shoppers' desire for newness. In comparison, just 14.6% of 65+s buy clothing at least once a month. - 27.4% of online clothing shoppers have used click & collect; however this is driven by females, with just under one fifth (19.7%) of males having used the delivery method, compared to almost one third of female online clothing shoppers. - While M&S remains the market leader, it is forecast to cede further share this year and is expected to be the biggest loser in 2017.
Reasons to buy
- Using our five year forecasts to 2022, understand which subsectors are the fastest performing to ensure more focus and investment in these winning product areas. - Understand clothing shoppers' purchasing habits and preferences, and what influences their retailer selection in order to drive spend. - Glean major clothing retailers' strengths and weaknesses and their market share forecasts for 2017 and outlooks out to 2018.
Request Sample Copy at http://www.reportsweb.com/inquiry&RW0001858645/sample
Table of Content: The hot issues What people buy Where people shop How people shop Why people shop Methodology
Companies Mentioned:
Primark Asda TK Maxx New Look Next Tesco H&M Matalan Sainsbury's boohoo.com Lidl Aldi John Lewis Marks & Spencer ASOS Amazon Very.co.uk
Inquire for Report at http://www.reportsweb.com/inquiry&RW0001858645/buying
ReportsWeb.com
Rajat Sahni
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com
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