Press release
UK Childrenswear Market is Forecast to Grow by 12.4% between 2017-2022
"UK Childrenswear Trend Report, 2018", offers comprehensive analysis into the childrenswear market - the key players, trends and consumer behaviours. It provides insight into the winners and losers for 2017 including issues surrounding the squeeze on midmarket retailers and growth of value players, as well as looking at new entrants to the market and their growth prospects.While the £5.4bn UK childrenswear market remains lucrative, it is the value players such as Primark, H&M and the grocers which continue to hold the most appeal. Indeed according to our data Primark has now overtaken Asda in terms of purchaser share. Midmarket players such as M&S and Next will continue to struggle as they lose out of rivals, with a clear need to better justify their higher price points via quality and design to win back shoppers.
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Scope:
- The UK childrenswear market is forecast to grow by 12.4% between 2017 and 2022
- Value for money, price and quality remain the biggest purchase motivators in childrenswear
- Fashion and celebrity have an influential role in the purchasing process, with 67.1% of young shoppers aged 16-24 stating they dress their children, or the children they shop for, in the latest fashion trends
- 91.2% of childrenswear shoppers agree that fit is important when shopping for kidswear highlighting the demand for well fitting clothing.
Leading Key Players Mentioned:
Amazon, ASDA, boohoo.com, Boots, Burton, Debenhams, Dorothy Perkins, Gap, H&M, Joe Browns, John Lewis, Marks & Spencer, Matalan, Mothercare, Next, Outfit Kids, Pretty Little Thing, Primark, Reserved, River Island, Sainsbury's, Tesco, Zara
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Reasons to buy:
- Learn which retailers are the winners and losers of the UK childrenswear market and what they are doing to increase their appeal
- Gain insight into new entrants in the UK childrenswear market and how they compare with the dominant value and midmarket players, while understanding the threat they pose to your business
- Discover what the key influences are in purchasing childrenswear across different shopper age groups in order to drive customer engagement and improve product selection.
Note: If you have any special requirements, please let us know and we will offer you the report as you want.
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The UK Childrenswear Market 2016-21
Summary
The childrenswear market is the weakest out of all clothing sectors and is only expected to grow 10.4% in the next five years, the same rate of growth achieved between 2011 and 2016. The overall clothing sector is expected to struggle as the weakening pound puts added pressure on prices and margins, but childrenswear will be especially exposed to this as parents prioritise price and value more so than in…