Apparel Retail in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The apparel retail market is segmented into childrenswear, menswear, and womenswear. The market value represents retail sales.
- The UK apparel retail industry recorded revenues of $54.4 billion in 2023, representing a compound annual growth rate (CAGR) of 0.2% between 2018 and 2023.
- The womenswear segment accounted for the industry's largest proportion in 2023, with total revenues of $31.1 billion, equivalent to 57.2% of the industry's overall value.
- The growth of the apparel retail industry is significantly driven by the expansion of online retail, which has become increasingly accessible and popular among consumers. The convenience of shopping online has led to a noticeable shift in consumer behavior, with more individuals turning to digital platforms for their fashion needs. According to GlobalData, the UK online retail market reached $81.0 billion in 2023, marking a 0.4% increase from the previous year.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the apparel retail market in the United Kingdom
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the apparel retail market in the United Kingdom
- Leading company profiles reveal details of key apparel retail market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the United Kingdom apparel retail market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the United Kingdom apparel retail market by value in 2023?
- What will be the size of the United Kingdom apparel retail market in 2028?
- What factors are affecting the strength of competition in the United Kingdom apparel retail market?
- How has the market performed over the last five years?
- Who are the top competitors in the United Kingdom's apparel retail market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Primark Stores Ltd
- John Lewis plc
- JD Sports Fashion Plc
- Marks and Spencer Group plc
