E-retail in the UK 2016-2024 - Growth is Forecast at 42%, Driven by the High Growth of the Clothing & Footwear Sectors - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "E-retail in the UK 2016" report to their offering.

Online growth from 2016 to 2021 is forecast at 42%, driven by the high growth of the Clothing & footwear sectors growth of 71.9%, this sector continues to dominate the online channel aided by retailers' ongoing investment in newness and personalized marketing. The rate of online growth will continue to decline as the number of new retailers entering the channel for the first time diminishes and the market reaches maturation.

Key Findings

  • The online clothing & footwear market is forecast to account for 24.5% of all online retail spend in 2016, making it the largest online sector ahead of electrical and food & grocery, and, despite its relative maturity, its forecast growth between 2016 and 2021 is the strongest across all sectors.
  • Food & grocery spend-per-head will grow by £106.01 over the next five years as inflation follows its upward trend. Additionally, an increasingly tech-savvy and time-poor population, especially among younger shoppers, will shop for food & grocery online, contributing to a 5.4% increase in online shoppers' share of overall food & grocery shoppers.
  • Young individuals have the highest online penetration in the majority of sectors. Those individuals between the ages of 25 and 34 are most likely to shop in sectors such as clothing & footwear, influenced by online pure plays such as Boohoo and ASOS that target younger audiences.
  • Consumers are currently using a variety of different home delivery options; however, consumers clearly prefer options that work around their timetable, with 83.7% stating they would want to use next day delivery more in future and 84.0% of online shoppers wanting to use named day home delivery in future.

Key Topics Covered:

1. The hot issues

2. What people buy

3. What people buy: Electricals

4. What people buy: Clothing & footwear

5. What people buy: Homewares

6. What people buy: DIY & Gardening

7. What people buy: Food & Grocery

8. What people buy: Health & Beauty

9. What people buy: Furniture & Floor coverings

10. What people buy: Books

11. What people buy: Music & Film

12. How people shop

13. The shopper journey

14. Where people shop

15. Where people shop - drivers of online shopping

16. Where people shop - Retailer penetrations

For more information about this report visit http://www.researchandmarkets.com/research/wfql3n/eretail_in_the

Related Topics: Retail

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716