UK: Clothing & Footwear: Clothing 2019-2024
Table of Contents
THE HOT ISSUES
Market drivers and inhibitors in clothing
Main issues in clothing
Retailers’ approach to discounting must be addressed in 2020
Midmarket players struggle to retain relevance and share
Online pureplays should utilise pop-ups, showrooms and concessions to support long-term growth
Growing appetite for second-hand clothing and fashion rental poses threat to future prospects of retail market
Strategies for success
WHAT PEOPLE BUY
Headlines
The sector at a glance
Overall sector size
Overall sector growth
Category growth in clothing
Category dynamics: womenswear
Category dynamics: women's outerwear
Category dynamics: women's underwear
Category dynamics: menswear
Category dynamics: men's outerwear
Category dynamics: men's underwear
Category dynamics: childrenswear
Category dynamics: girlswear
Category dynamics: boyswear
Category dynamics: infantswear
Category dynamics: accessories
Spend per head
Online dynamics
WHERE PEOPLE SHOP
Channels of distribution
Market shares
Visited retailers
Retailer profiles
ASOS
John Lewis
Marks & Spencer
Ted Baker
Tesco
Competitor dynamics
HOW & WHY PEOPLE SHOP
Who shops and where they are located
What people purchase
Channels used by consumers
Fulfilment methods used by consumers
Frequency of shopping
What's important when purchasing clothing
Retailer recommendation
Shopping preferences
METHODOLOGY
What is included
Market sizing
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.