E-Retail in the UK 2018 - 2023

E-Retail in the UK 2018 - 2023

Summary

E-Retail in the UK 2018 - 2023, report forms part of GlobalData's Retail Channels series, and offers a comprehensive insight into the consumer and market dynamics of the e-retail channel. The report analyses the channel, the main trends, and consumer attitudes of the channel.

The UK online market is set to reach £55.9bn in 2018 and remain on a positive growth trajectory, albeit slowing as the channel matures. Clothing & footwear is expected to remain the largest sector online in the next five years as clothing & footwear specialists improve their online propositions, encouraging consumers to shop more regularly and online pureplays continue to bolster spend in the sector.

Scope

• Despite being a mature sector online, clothing & footwear revenue will rise 40.3% out to 2023 and is predicted to remain the largest sector online.
• Average annual order frequency varies significantly across sectors, driven by factors including impulse purchases, price, the need for replacement items and convenience.
• Mobiles currently have the second highest device penetration with 48.1% of online shoppers purchasing via the device - though this is a substantial 45.9 ppts behind desktop/laptop penetration.
• Retailers must adapt to compete with Amazon, which dominates across almost all sectors.

Reasons to buy

• Use our in-depth consumer and market insight to learn about the growth of the different sectors in e-retail, and the related drivers and inhibitors for each sector.
• Understand why and how consumers shop online for different products, and their shopping journeys.
• Understand which retailers have the most popular online propositions in each sector.
• Understand average annual spend per head online by demographic, sector and device.