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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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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) Food and Grocery Retailing Market Size, Trends, Consumer Attitudes and Key Players to 2027
The UK food & grocery retailing market is forecast to rise to £171.9 billion in 2023. The market is anticipated to grow at a CAGR of more than 3% from 2022 to 2027. With inflation remaining high throughout 2023, growth prospects for the sector are strong. Additionally, online growth is anticipated to bolster total food & grocery sales into 2027 as online sales are expected to accelerate from 2024. UK Food & Grocery Retailing Market Outlook 2022-2027 (£ Billion) Buy...
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Sector Analysis
United Kingdom (UK) Christmas – Analysing Buying Dynamics, Channel Usage, Spending and Retailer Selection
UK Christmas Retail Market Overview The proportion of consumers shopping for Christmas increased in 2023. A third of consumers stated that they started Christmas shopping earlier last year compared to the previous year. Among these consumers, most of them stated that this was to spread the cost of the occasion to feel better prepared for Christmas this year. Consumers also leveraged finance options such as Buy Now Pay Later for cost spreading. The UK Christmas market research report offers a...
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Case Studies
New Product Development Opportunities from the Rise of Solo Households
New Product Development Opportunities from the Rise of Solo Households Report Overview Rapid urbanization and economic migration are the key factors responsible for the increase in the rates of solo living across the globe. Individuals often migrate from rural to urban areas as a necessity for higher income opportunities, which often requires a change in living arrangements, such as solo housing. Also, higher rates of urbanization can be viewed as a proxy for wealth and greater economic opportunity in some...
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Sector Analysis
United Kingdom (UK) Halloween – Analyzing Market, Trends, Consumer Attitudes and Major Players, 2023 Update
UK Halloween Market Report Overview The proportion of consumers buying any item for Halloween in 2023 has declined, falling to 40.2% versus 2022. This is reflected in both retail and leisure purchases decreasing this year. Food was the only category in which penetration increased year-on-year, as consumers opted for low-cost celebrations amid pressures on personal finances. Value for money and price were most important as consumers looked to reduce spending at Halloween in the UK. The United Kingdom (UK) Halloween...
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Sector Analysis
United Kingdom (UK) Black Friday – Analysing Buying Dynamics, Channel Usage, Spending and Retailer Selection
United Kingdom (UK) Black Friday Market Report Overview The proportion of consumers shopping during the Black Friday promotional period rose marginally by 0.2ppts in 2023. Although shopper penetration increased in 2023, the size of the Black Friday occasions market in the UK is expected to decrease in the coming years. This is due to the falling average consumer spending across several key categories, with notable drops in the electricals & technology and home appliances sector. The UK Black Friday market...
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Sector Analysis
United Kingdom (UK) End of Year Gifts for Teachers Retail Market – Analyzing Trends, Consumer Attitudes, Occasions and Key Players
The End of Year Gifts for Teachers 2023 report forms part of GlobalData's Retail Occasions series and offers a comprehensive insight into the consumer dynamics and spending habits of British consumers for end of year gifts for teachers. The report analyses the market, the major players, the main trends, and consumer attitudes. The proportion of consumers who have bought an item for teachers as an end of year gift has fallen in 2023.
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Sector Analysis
United Kingdom (UK) Summer Retail Market – Analyzing Trends, Consumer Attitudes, Occasions and Key Players
United Kingdom (UK) Summer Retail Market Report Overview Summer shopper penetration rises in the UK but fails to reach pre-pandemic levels in 2023 although the proportion of people shopping for summer has increased across both retail and leisure. Inflation led most consumers to spend more when compared to the summer of 2022, despite buying the same number of products in both years. With food inflation persistently high, older consumers who purchased food & drinks more than other categories in 2023...
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Sector Analysis
United Kingdom (UK) Back to School Retail Market – Analyzing Trends, Consumer Attitudes, Occasions and Key Players
United Kingdom (UK) Back-to-School Retail Market Report Overview Significant inflation across school uniform products forced consumers to spend more on back-to-school retail despite the best efforts of retailers. To deal with the situation, consumers have attempted to cut down their spending by purchasing secondhand items. This has been facilitated by a rise in secondhand sales and pop-up stores across the country, to help consumers battle the cost-of-living crisis. The increased popularity of sites such as Vinted has also supported secondhand...