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Thematic Analysis
NewWeb3 – Thematic Intelligence
Web3 Thematic Report Overview Web3 is an ideology that refers to the next model of the internet built on blockchain. It promises a mix of peer-to-peer (P2P) communication channels and decentralized governance. This will lead the internet’s transition from an information-centric model to a user-centric model. Furthermore, Web3 aims to give users the ability to create, own, and monetize their content and manage the use of their data. However, it is still an emerging model and has a long way...
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Sector Analysis
NewUnited Kingdom (UK) Mother’s Day Market Analysis, Trends, Consumer Attitudes and Buying Dynamics, 2024 Update
United Kingdom (UK) Mother’s Day Market Report Overview The report suggests that over a third of male consumers agreed they spend more on taking their mother for a meal than buying a tangible gift. Indeed, if retailers cannot make gifting selections more appealing, consumers will turn to leisure over retail to mark the occasion. Therefore, retailers must promote experience gifts, which grew in popularity this year to compete with leisure options, such as dining out. The UK Mother’s Day market...
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Thematic Analysis
Customer Loyalty in Retail and Apparel – Thematic Intelligence
Customer Loyalty in Retail and Apparel Thematic Overview In retail, customer loyalty is an important parameter for any retailer’s success in today’s competitive landscape. However, it is challenging to retain customer loyalty as there is a plethora of retailers to choose from. In addition, the prevalence of online shopping allows consumers to easily compare retailers’ propositions and pick the most suitable product based on factors such as price, product, or experience. It is more expensive for retailers to acquire new...
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Sector Analysis
NewUnited Kingdom (UK) Valentine’s Day – Analyzing Market, Trends, Consumer Attitudes and Major Players, 2024 Update
United Kingdom (UK) Valentine’s Day Market Report Overview The proportion of UK consumers shopping for Valentine’s Day has declined in 2024. Muted interest in spending on retail has significantly contributed to the decline in Valentine’s Day shopping. The other key factor influencing the decline is the diminishing significance of Valentine’s Day. As consumers continue to feel the impact of inflation, over 50% of consumers agree that the cost-of-living crisis has reduced spending for the occasion. They are more likely to...
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Sector Analysis
United Kingdom (UK) Off to University – Analysing Buying Dynamics, Channel Usage, Spending and Retailer Selection
United Kingdom (UK) Off to University Market Report Overview The UK off to university market research report forms a part of GlobalData's Retail Occasions series. It showcases the buying patterns of off to university in the United Kingdom. The report gives an in-depth insight into the off to university shopper profile (age, sex, location), and the various occasions motivating the off to university purchase. It also provides information on the factors driving retailer selection, the purchasing channels, store types, and...
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Sector Analysis
United Kingdom (UK) Town Centres Market Analysis by Sectors, Revenue Share, Consumer Attitudes, Key Players and Forecast to 2027
UK Town Centres Market Overview The UK town centres market size was GBP 102.8 billion in 2022. The market is expected to grow at a CAGR of more than 2% during 2022-2027. Retail sales in town centres are expected to grow at a slower rate than total retail sales in the UK over the forecast period, as e-commerce becomes more buoyant up to 2027. However, retailers can appeal to shoppers who want to shop offline by maintaining a wide range...
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Sector Analysis
United Kingdom (UK) Health and Beauty Market Size, Trends, Consumer Attitudes and Key Players to 2027
United Kingdom Health and Beauty Market Report Overview The United Kingdom health and beauty market size was GBP39.04 billion in 2022. The market is expected to record a CAGR of more than 2% during 2022-2027. As consumer confidence and spending recover in the forecast period, an upturn is anticipated in the non-essential categories, as consumers can invest once again in makeup and skincare that they forewent when under financial pressure. United Kingdom Health and Beauty Market Outlook, 2022-2027 (GBP Billion)...
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Sector Analysis
United Kingdom (UK) Supermalls Market Size, Trends, Categories, Consumer Attitudes and Key Players to 2027
United Kingdom (UK) Supermalls Market Report Overview The UK supermalls market size was GBP 10.4 billion in 2022. The market is expected to grow at a CAGR of more than 1% during 2022-2027. The supermall market is anticipated to grow at an accelerating rate over the forecast period, driven by increased investment by local authorities, supermalls, and retailers. Supermalls must continue to invest in marketing and expanding retail and leisure services to maintain demand, as this will be key in...
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Sector Analysis
United Kingdom (UK) Value, Discount, Variety Stores and General Merchandise Retail Market Trends, Analysis, Key Players and Forecast to 2027
UK Value, Discount, Variety Stores, and General Merchandise Retail Market Report Overview The UK value, discount, variety stores, and general merchandise retail market was valued at £46.9 billion in 2022 and is forecast to grow at a compound annual growth rate (CAGR) of more than 4% between 2022-2027. The retail channel is set to grow as more shoppers turn to value-focused retailers to make their budgets stretch further during the cost-of-living crisis. This demand is met with major investments from...
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Sector Analysis
United Kingdom (UK) Father’s Day Market Analysis, Trends, Consumer Attitudes, Buying Dynamics and Key Players, 2023 Update
UK Father’s Day Market Report Overview Experience gifts continue to rise in popularity for Father’s Day occasions in the UK. The proportion of consumers that stated they financed their Father’s Day and Mother’s Day spending using Buy Now Pay Later options. Buy Now Pay Later (BNPL) finance options were more popular for Father’s Day 2023 than they were for Mother’s Day this year, with more than 9% of shoppers using this payment option to finance their spending on this occasion....