The UK Clothing Market 2018 - 2023
Summary
"The UK Clothing Market 2018 - 2023", report offers comprehensive insight and analysis of the clothing market (including forecasts up to 2023), 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 2018 How Britain Shops survey, using a panel of 10,000 nationally representative consumers, as well as our 2018 UK clothing survey, using a panel of 5,000 nationally representative consumers.
The UK clothing market is forecast to reach £46.3bn in 2018, with forecast growth of 10.4% between 2018 and 2023. Inflation continues to drive the market as volumes experience another year of decline in 2018. However we expect a recovery over the next five years as consumer sentiment improves, with volumes reaching 1.8% in 2023.
Scope
Reasons to buy
Summary
"The UK Clothing Market 2018 - 2023", report offers comprehensive insight and analysis of the clothing market (including forecasts up to 2023), 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 2018 How Britain Shops survey, using a panel of 10,000 nationally representative consumers, as well as our 2018 UK clothing survey, using a panel of 5,000 nationally representative consumers.
The UK clothing market is forecast to reach £46.3bn in 2018, with forecast growth of 10.4% between 2018 and 2023. Inflation continues to drive the market as volumes experience another year of decline in 2018. However we expect a recovery over the next five years as consumer sentiment improves, with volumes reaching 1.8% in 2023.
Scope
- Primark is forecast to become the UK's second largest clothing retailer in 2018, overtaking Next.
- Menswear is the driving force of the clothing sector, forecast to grow by 12.3% over the next five years as greater trend incorporation and newness drives volumes
- 60.9% of UK clothing shoppers purchased an item online in the past year.
Reasons to buy
- Use our in-depth analysis of value retailer Primark in order to understand why it is winning market share and the lessons to be learned from its proposition.
- Understand how social media impacts clothing purchases in order to fully exploit such platforms and drive online spending.
- Consider how much of a threat smaller players are to your proposition in order to adapt your strategy to better position yourself.
- Learn how drivers of clothing purchases, such as price, quality and customer service, change in importance among different demographics in order to maximise your sales potential.
Table of Contents
THE HOT ISSUESMarket drivers and inhibitors in clothing
Main issues in clothing :
Established multichannel players under pressure as new online pureplays vie for market share
Social media’s influence on clothing choices cannot be ignored
Value players hold the most appeal in the clothing sector
Invest in bridging the online/offline gap
Strategies for success
WHAT PEOPLE BUY
Headlines
The sector at a glance
The sector in context
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: accessories
Category dynamics: childrenswear
Category dynamics: girlswear
Category dynamics: boyswear
Category dynamics: infantswear
Spend per head
Online dynamics
WHERE PEOPLE BUY
Headlines
Channels of distribution
Market shares
Key metrics for leading retailers
Visited retailers
Retailer profiles
Debenhams
Tesco
H&M
Primark
ASOS
Pep & Co
QUIZ
Boden
Competitor dynamics
HOW & WHY PEOPLE SHOP
Headlines
Who shops and where they are located
Which categories they buy
Channels used by consumers
Fulfilment methods used by consumers
Frequency of shopping
What's important when purchasing clothing
Likelihood of recommending retailer to a friend
Shopping preferences
METHODOLOGY
What is included
Market sizing
List of Tables
Clothing spend by subcategory, 2018e and 2023e
Clothing channel split: 2018e, 2023e
Market share prospects out to 2019 for the top 10 players
Five year market shares for Top 10 players, 2013-2018e
Comparative metrics for leading retailers
Retailer competitor overlap for Top 10 players, 2018
Purchase penetration at subcategory level (menswear, womenswear, accessories and childrenswear) by demographic, 2018
Channel usage by demographic (instore, online, mail order), 2018
Fulfilment methods used by demographic (home delivery, click & collect and third-party pickup), 2018
What drives clothing purchases, by demographic, 2018
What drives clothing purchases, by retailer, 2018
List of Figures
Percentage of clothing shoppers inspired by each social media site when making clothing choices, 2018
Percentage of shoppers buying from value, midmarket and premium & luxury retailers by demographic, 2018
Total size of the clothing market by category, 2018e
Clothing share of total retail spending, 2013, 2018e and 2023e
Overall clothing: size of the market 2013-2023e
Overall clothing: inflation & volume, 2013-2023e
Category growth in clothing 2018e-2023e
Womenswear: category size and growth rates 2013-2023e
Women's outerwear: category size and growth rates 2013-2023e
Women's underwear: category size and growth rates 2013-2023e
Menswear: category size and growth rates 2013-2023e
Men's outerwear: category size and growth rates 2013-2023e
Men's underwear: category size and growth rates 2013-2023e
Accessories: category and growth rates 2013-2023e
Childrenswear: category size and growth rates 2013-2023e
Girlswear: category size and growth rates 2013-2023e
Boyswear: category size and growth rates 2013-2023e
Infantswear: category size and growth rates 2013-2023e
Clothing spend per head, 2018e-2023e, and per age group, 2018e
Online clothing penetration 2013-2023e
Online clothing size and growth rates 2013-2023e
Channel splits for clothing 2018e and 2023e
Market shares of top 10 clothing retailers, 2017, 2018e
Top 20 most visited clothing retailers, 2018
Debenhams: consumer dynamics and where else they shop, 2018
Debenhams: clothing market share, 2013-2018e
Tesco: consumer dynamics and where else they shop, 2018
Tesco: clothing market share, 2013-2018e
H&M: consumer dynamics and where else they shop, 2018
H&M: clothing market share, 2013-2018e
Primark: consumer dynamics and where else they shop, 2018
Primark: clothing market share, 2013-2018e
ASOS: consumer dynamics and where else they shop, 2018
ASOS: clothing market share, 2013-2018e
Pep & Co: UK sales, store numbers and market share, 2018e
QUIZ: UK sales, store numbers and market share, 2018e
Boden: UK sales, store numbers and market share, 2018e
Clothing shopper penetration by demographic and region, 2018
Profile of clothing shoppers by demographic and region, 2018
Purchase penetration at category level, 2018
Channel usage (instore, online and mail order/catalogue) 2017, 2018
Fulfilment method for clothing (home delivery, click & collect, third-party pickup), 2018
Frequency of clothing purchases by demographic, 2017, 2018
What drives clothing purchases, 2017 and 2018
Likelihood of recommending a retailer to a friend, 2018
What inspires clothing choices, by age, 2018
Views on clothing purchases, 2018
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Amazon
- Arcadia
- ASDA
- ASOS
- Boden
- Bonmarché
- boohoo.com
- boohooMAN
- Coast
- Debenhams
- Dorothy Perkins
- eBay
- Fashion Nova
- Footasylum
- H&M
- House of Fraser
- JD Sports
- John Lewis
- Joules
- Marks & Spencer
- Matalan
- Missguided
- Missy Empire
- New Look
- Next
- Peacocks
- Pep & Co
- Primark
- QUIZ
- QUIZMan
- River Island
- Sainsbury's
- SilkFred
- Sports Direct
- Ted Baker
- TK Maxx
- Topshop
- Warehouse
- Zara
