openPR Logo
Press release

Online Returns in the UK 2022: Future Opportunities and Growth- UNIQLO, ALDI UK, DPD, CHARLES & KEITH UK, Royal Mail Group Ltd, Hermes Returns

04-02-2019 01:09 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Reportsweb

Online Returns in the UK

Online Returns in the UK

Online Returns in the UK-2022

"Online Returns in the UK-2022", report offers comprehensive insight and analysis of the online returns channel in the UK, the main trends and the hot issues, consumer returns motivations and preferred methods. Consumer data is based on our e-retail survey using a panel of nationally representative online shoppers.

This report looks at the online returns channel in the UK from 2017 to 2022. Consumers are becoming increasingly accustomed to returning items bought online, resulting in significant growth of the channel over the next five years. Retailers must give the returns process as much attention as the shopping journey in order to boost customer satisfaction and help retain customers. In this report we look at what people return, the methods used and the size of the channel split by parcel size for each sector. We also look at the profile and penetration of online shoppers who return, and what drives them to return by sector.

Top Key Players:

UNIQLO, ALDI UK, DPD, CHARLES & KEITH UK, Royal Mail Group Ltd, Hermes Returns

Get sample copy of the Report: https://www.reportsweb.com/inquiry&RW00011016590/sample

Scope

-The online returns channel is set to rise by 34.6% to £5,438.1m by 2022. Growing consumer confidence in the returns process and a 35.0% growth in online spend over the same period will drive this growth. Retailers must prepare for the rising number of returns by investing into the entire operation. Retailers that are able to provide a returns process which is as seamless as the purchasing journey will benefit from improved customer retention.
-Penetration of online shoppers that have returned an item, has risen across all sectors other than in clothing & footwear, although clothing & footwear has by far the highest penetration at 32.7%-compared to the next highest sector food & grocery gifting at 19.7%.
-Overall, 37.3% of returns were made via post while 35.1% were brought back to a retailer's store. However, for five of the nine retail sectors, returns were most commonly completed via returning to store. The minimal use of channels such as lockers and drop off points like Collect and Doddle proves that consumer awareness of these options remains low. Retailers should further highlight the availability of the lesser used options to demonstrate the convenience of their returns proposition whilst alleviating some of the workload and resource involved in the returns process for stores.

Reasons to buy

-Utilise our five year forecasts to 2022 for the online returns channel, and sector penetration to help form an effective growth strategy.
-Review our analysis on hot issues and understand the factors driving the channel.
-Understand the returns penetration for each sector in 2017, and returns penetration of total online market.
-Understand the returns channel share of online retail and forecast growth compared to online spend, to help incorporate growing returns into financial forecasts.
-Recognise why consumers are returning products purchased online to enable a better understanding of the channel moving forward, and to help mitigate the future growth of returns.

Table of Contents:

The hot issues
What people return
Who returns
Why people return
Methodology

Know more about Report: https://www.reportsweb.com/buy&RW00011016590/buy/5750

About us:

ReportsWeb is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers.

Contact us:
Phone : +1-646-491-9876
E-Mail : sales@reportsweb.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Online Returns in the UK 2022: Future Opportunities and Growth- UNIQLO, ALDI UK, DPD, CHARLES & KEITH UK, Royal Mail Group Ltd, Hermes Returns here

News-ID: 1683379 • Views: 308

More Releases from Reportsweb

A Comprehensive Study Exploring Pre-Employment Assessment Tools Market By World …
Pre-Employment Assessment Tools Market Analysis to 2024 is a specialized and in-depth study of the Technology, Media, & Telecommunications industry with a focus on the market trend. The report aims to provide an overview of Pre-Employment Assessment Tools Market with detailed market segmentation by product or application and geography. Pre-Employment Assessment Tools Market report covers the present and past market scenarios, market development patterns, and is likely to proceed with
Digital Banking Platform Market 2020 Explosive Growth and Key Trends Analysis Ed …
Digital banking platform enables banks to offer a digitized banking solution to their customers with all traditional banking activities such as online banking, mobile banking and others. In addition, it provides various banking functionalities such as money deposits, withdrawals transfers, savings account management, application for financial products, loan management, bill payments, and other account services. Furthermore, it provides multi-channel and omni channel banking facilities to their end users. In addition,
C-RAN (Centralized Radio Access Network) Market Benefits, Technology Advancement …
C-RAN (Centralized Radio Access Network) Market report provides in-depth statistics and analysis available on the market status of the C-RAN (Centralized Radio Access Network) key players and is a valuable method of obtaining guidance and direction for companies and business enterprise insider considering the C-RAN (Centralized Radio Access Network) market. It contains the analysis of drivers, challenges, and restraints impacting the industry. The research report on C-RAN (Centralized Radio Access Network)
Financial Wellness Program Market 2020-2026| Mercer, Wellable, Fidelity, Morgan …
The Reportsweb analysts forecasts the latest report on “Global Financial Wellness Program Market Impact and Analysis by 2026”, according to report; The Financial Wellness Program Market report covers the overall and all-inclusive analysis of Market with all its factors that have an impact on market growth. This report is anchored on the thorough qualitative and quantitative assessment of the Financial Wellness Program Market. Get Sample Report of Financial Wellness Program Market

All 5 Releases


More Releases for Returns

09-25-2018 | Arts & Culture
Pop Ellay
L.A. artist Charisse Abellana returns from Paris
As the history, architecture, and culture of Paris have been linked to artists and their aspirations for centuries, the city has come to hold a unique attraction for artists. Last week, Los Angeles-based artist Charisse Abellana dove into that tradition, flying to Paris for an exhibit at the Bateau Daphne Gallery, which featured her painting Dark Tea & Dark Romance. “Paris, Paris,” said Charisse, “I see you as love, I see
Online Returns in the UK - 2017
"Online Returns in the UK - 2017", report offers comprehensive insight and analysis of the online returns channel in the UK, the main trends and the hot issues, consumer returns motivations and preferred methods. Consumer data is based on our e-retail survey using a panel of nationally representative online shoppers. This report looks at the online returns channel in the UK from 2017 to 2022. Consumers are becoming increasingly accustomed to
Tavistock Pledges Positive Annual Returns
A turnaround in profit has been promised by Adviser network Tavistock when it announces its annual results, overturning a £1.65m loss following its buyout of struggling competitor Financial Ltd. London, England, July 02, 2016 -- In an update released today, the company said “each of the organizations active businesses is now making sustained positive returns”. The report refers to Tavistock Partners and Tavistock Financial, which supply several financial services to the network’s
Packt’s $5 eBonanza returns
Following the success of last year’s festive offer, Packt Publishing will be celebrating the Holiday season with an even bigger $5 offer. From Thursday 18th December, every eBook and video will be available on the publisher’s website for just $5. Customers are invited to purchase as many as they like before the offer ends on Tuesday January 6th, making it the perfect opportunity to try something new or to take your
Chef Paul Turano from Tryst Returns
WHAT: Executive Chef Paul Turano of Tryst Restaurant located in Arlington, MA returns to The Viking Center in Westwood on Tuesday, February, 28th, 2012 at 6:30PM for a cooking demonstration and dinner! Guests will be up close and personal as Chef Turano creates a specially selected meal. After learning how to construct each course, guests will have the opportunity to savor the delicious results while spending time with Chef himself!
05-12-2009 | Sports
CueSport TV Ltd
£50,000 Pool Series Returns
The richest 8-ball pool tour on the UK and Irish calendars returns this weekend (8th-10th May) with event two of the 2008-09 CueSport TV £50,000 Pool Series. This time the event is being held in the amazing Louis Fitzgerald Hotel in Dublin, Ireland. As the pinnacle of the Blackball pool game, these tournaments each carry a guaranteed £10,000 in prize money with the winner of each leg receiving £3,500. Simon Ward