|
|
 |
|
Viewing report
|
|
|
|
UK Retail Futures 2011: Sector Summary
Verdict Research Limited, March 2007, Pages: 233
Retailers in the UK face unprecedented challenges. Most have experienced weak demand growth over the past decade yet price competition has been fierce and margins have also been squeezed by a host of operating cost increases. In such testing conditions knowing how the market will develop over the next five years is of paramount commercial importance.
Scope
Forecasts for whole of UK retail for consumer spending, store sales, store numbers, space, sales densities with summary breakdown by channel Market value and growth, inflation 1996-2006 with annual forecasts to 2011 for 10 retail sectors Specialists sales, space, like-for-like growth, sales densities and store numbers 1996-2006 with annual forecasts to 2011 for each retail sector Channels of distribution analysis for 2005, 2006 and 2011 and full discussion of issues for each retail sector
Highlights
The UK retail market is set to increase in size by 15.1% over the next five years, taking its value to £312.8bn. This is a slower rate of growth than the 17.3% it produced in the last five years and against a background of rising operating cost inflation is certain to lead to increased consolidation and a further shakeout of weaker operators. Growth in 2007 will be slightly down on 2006. Following a December surge in spending in 2006, which helped lift annual retail expenditure growth to 2.9% after soft demand through much of the year, we expect retail expenditure to increase by just 2.8% in 2007. The electricals sector will be the best performer by a considerable distance over the next five years. Growth of 24.1% is a particularly strong performance in light of wider economic and social factors and makes electricals one of only three sectors to experience faster growth than over the previous five years.
Reasons to Purchase
Plan for the future use this report to plan strategies that will help you compete effectively against rivals and adapt to changing market conditions Detailed category forecasts allow you to quantify and exploit opportunities in fast growing categories and avoid over-investment in weaker segments. Evaluate your current position with regard to the market's future growth prospects
|
|
|
|
