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Clothing & Footwear Retailing in the UK Key Players - Marks & Spencer, Next, Primark, ASDA, and TK Maxx Market Analysis & Forecast 2017 to 2021

03-28-2018 07:47 AM CET | Fashion, Lifestyle, Trends

Press release from: WISEGUY RESEARCH CONSULTANTS PVT LTD

/ PR Agency: WISEGUY RESEARCH CONSULTANTS PVT LTD
Clothing & Footwear Retailing in the UK

Clothing & Footwear Retailing in the UK

Clothing & Footwear Retailing in the UK

Overview

The clothing & footwear sector is forecast to reach £61.8 billion by 2021, growing at a CAGR of 2.8% during 2016-2021. Inflation will be a factor driving growth as retailers pass on the rising input prices caused by the weakening pound. Menswear is a bright spot for growth as more men become interested in fashion and their appearance.

Apparel specialists have the highest value share of 57.8% in 2016, but will lose share of spend. On the other hand online will register a CAGR of 10.8% to reach £20.1bn by 2021 and penetration of 32.4%, taking a third of the market. The sector is highly competitive and mass middle market retailers that traditionally led the market, such as M&S, Next and the Arcadia Group, have seen market shares being whittled away by new competitors as the sector polarizes.

Click here for sample report @ https://www.wiseguyreports.com/sample-request/3079970-clothing-footwear-retailing-in-the-uk-market-shares-summary-and-forecasts-to-2021

Major Companies mentioned

Marks & Spencer

Next

Primark

ASDA

TK Maxx

JD Sports Fashion

Clothing & Footwear Retailing in the UK Major Outlook

 Stronger growth forecast, but inflation a key factor 
- Clothing & footwear to grow at an improved rate during 2016-2021 
- Online to account for one in every three pounds spent in the sector by 2021 
- Traditional mid market leaders being challenged 
- Top ten retailers accounted for a share of 40.2% in 2016 
- All top 10 retailers fall in the value and mass market segments 
- Menswear outperforms overall clothing sector growth 
- Footwear sales to register consistent recovery in growth

Clothing & Footwear Retailing in the UK - Competitive Analysis

Key players are making innovative developments in Clothing & Footwear Retailing in the UK.  The same will help in improving the market performance. Heavy investments are made by major players in the R&D sector

Scope

 In-depth analysis of the latest trends in consumer shopping, covering the factors driving shopping, consumer insights, market dynamics 
- The report also details major retailers in clothing and footwear category group with their product proposition analysis and market positioning in 2016 along with recent key developments 
- Market insights based on consumer trends, changing economic and demographic factors, technology innovations, and other macroeconomic factors 
- Retail sales and the fastest-growing product categories in clothing and footwear sector 
- Qualitative and quantitative insights of changing retail dynamics in clothing and footwear sector 
.Continued

For Detailed Reading Please visit @ https://www.wiseguyreports.com/reports/3079970-clothing-footwear-retailing-in-the-uk-market-shares-summary-and-forecasts-to-2021

Wise Guy Reports understand how essential statistical surveying information is for your organization or association. Therefore, we have associated with the top publishers and research firms all specialized in specific domains, ensuring you will receive the most reliable and up to date research data available. We also provide COTS (Commercial off the Shelf) business sector reports as custom exploration agreeing your particular needs.

WISEGUY RESEARCH CONSULTANTS PVT LTD
Office No. 528, Amanora Chambers
Pune - 411028
Maharashtra, India

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