Summary
The UK online clothing and footwear pureplay market will grow by £2.5bn in the five years to 2021, reaching a 9.8% share of the total clothing and footwear market. Growth via pureplays will be driven by more regular online purchasing, aided by frequent newness, online exclusives and free and convenient delivery
– with Amazon, ASOS and Very.co.uk forecast to grow share.
Synopsis
– An overview on the drivers and inhibitors of the UK online clothing and footwear pureplay market
– Summary of the main issues in the online clothing and footwear pureplay market
– Market size and forecast (2011-21e) for the UK online clothing and footwear market
– Online clothing and footwear market share of total clothing and footwear market
– Online clothing and footwear spend per head
– Market size and forecast (2011, 16e, 21e) for the UK online clothing and footwear pureplay market
– Top 10 most visited online clothing and footwear retailers and conversion rates
– Online clothing and footwear pureplays positioning map
– Online clothing and footwear pureplays life cycle
– Retailer profiles and market shares (for both the online clothing and footwear market and the online clothing and footwear pureplays market) for Amazon, ASOS, boohoo.com, Missguided, Very.co.uk, Littlewoods, and Net-a-Porter.
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Key Findings
– The online clothing and footwear market is forecast to account for 24.3% of all online retail spend in 2016, making it the largest online sector ahead of electricals and food and grocery.
– Online pureplays will account for 27.8% of the online clothing and footwear market in 2016.
– Stores remain highly influential in the retail sector – especially for younger shoppers, with 80% of 16-34 year olds’ spend made via physical stores. This puts online pureplays at a distinct disadvantage, and makes expansion into physical retailing more attractive.
– Shop Direct brand Littlewoods is on the decline with a forecast online pureplay clothing and footwear market share of 6.4% in 2016. With significant overlap in terms of product offer with its sister brand Very.co.uk, Littlewoods has lost relevance and destination status in the UK clothing and footwear market.
– Amazon is the best recognized online pureplay and remains front of mind for online shoppers, being viewed as a trusted brand. However, it has achieved somewhat limited success in clothing and footwear, despite a 57.9% online visitor penetration rate, owing to its focus on other products categories such as electricals, entertainment and homewares.
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Reasons To Buy
– Utilize the detailed data and insight on the market to help form an effective growth strategy in the online clothing and footwear pureplays market.
– Learn which physical retailing opportunities to seize and how private label ranges play an important role in the success of standalone stores.
– Understand how to get ahead in the market by investing in delivery and returns.
– Identify the opportunities to grow business in this sector by comparing strategies of the key players in the market and their performance metrics.
– Understand how online clothing and footwear spend per head will change over the coming years, and learn which areas of the market are most lucrative for pureplays to target.
– Understand consumers’ views on how the weather impacts their shopping behavior in order to minimize its detrimental impact.
Related Reports:
The UK Stationery Market 2016-2021:
http://www.hexareports.com/report/the-uk-stationery-market-2016-2021/details
Consumer Attitudes and Online Retail Dynamics in New Zealand, 2015-2020:
http://www.hexareports.com/report/consumer-attitudes-and-online-retail-dynamics-in-new-zealand-2015-2020/details
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