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Track & Monitor
Europe Retail Market Review by Sector, Country and Consumer Insights, Q1 2024 Update
Europe Retail Market Report Overview The European retail market size was EUR 4,069.6 billion in 2023. The European retail market is forecast to have a CAGR of more than 3% among all continents between 2023 and 2028. Â As a result of the high inflation and economic uncertainties experienced throughout Europe, consumers have become more likely to cut costs, especially on purchases of non-essential goods. Europe Retail Market Outlook 2023-2028 (EUR Billion) Buy the Full Report for More Insights into the...
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Sector Analysis
United 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
Retailer Ethics and Attitudes Towards the Environment – Key Trends and Consumer Insights
Retailer Ethics and Attitudes Towards the Environment Report Overview Retailers are embracing refill stations as environmental concerns among consumers grow. The increasing concern for the environment among consumers has sparked a notable shift towards sustainability and ethical practices within the retail sector. consumers in China exhibit the strongest inclination towards using refill stations compared with other countries, with 69.4% either actively using these stations or planning to start within the next three months. This acceptance of eco-friendly practices among consumers...
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Sector Analysis
United Kingdom (UK) Easter Intentions and Consumer Spending Preferences, 2024 Update
United Kingdom (UK) Easter Market Report Overview More than 68% of consumers intend to purchase something for Easter in 2024. The intended participation in celebrating Easter diminishes with age, ranking highest among 16-24-year-old consumers. This 16-24-year-old age group is the most engaged purchaser, intending to purchase food & drink, gifts, cards & gift wraps, and other seasonal items for their loved ones. The UK Easter market research report offers a comprehensive insight into the dynamics and spending habits of UK...
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Consumer Insights
China Retail Consumer Insights – Spending Intentions and Shopping Habits, 2024
This report provides detailed consumer insights into China's retail market. It centers on consumer sentiment, categories purchased, channel usage, motivations for purchasing, purchase frequency and the most popular global brands. Due to the crash in the real estate market and deflationary pressures, consumption has slowed down in the Chinese market. 52.3% of Chinese consumers intend to spend the same on retail goods in the next six months, while 26.2% intend to spend more as deflationary pressure subsides. Retailers need to...
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Sector Analysis
Airport Retailing Market Size, Trends and Analysis by Regional and Category Performance, Brands and Forecast to 2028
Airport Retailing Market Overview The airport retailing market size was valued at $35.2 billion in 2023. The airport retailing market benefited from an increase in air traffic and airport retailers capitalized on this by expanding their presence across different markets. Furthermore, airport retailers adopting innovative omnichannel initiatives will support the market growth recording a CAGR of more than 9% during 2023-2028. Airport Retailing Market Outlook, 2023-2028 ($ Billion) Buy the Full Report for More Insights into the Airport Retailing Market Forecast,...
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Sector Analysis
Secondhand Selling – Shopping Trends and Consumer Insights, 2024
Secondhand Selling Market Overview The secondhand market is constrained by concerns about the quality of secondhand goods, particularly, from consumers in Spain, Italy, and China. The following are some of the key highlights of the secondhand selling market: Cost is one of the factors driving secondhand clothing & footwear buying, with more than 60% of consumers globally excluding China. China is majorly focusing on getting access to vintage, limited-edition, or unique items including all the other countries. Italy and France...
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Sector Analysis
United 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 following are some of the key highlights of the UK Valentine’s Day Market : 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...
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Consumer Insights
Cost Pressures – Shopping Trends and Consumer Insights
Cost Pressures Market Report Overview Consumers across the globe are pessimistic about their country’s economic scenario over the next six months. However, a significant part of the population believe the economies to decline in the coming years. The economic adversities will adversely impact retail spending as consumers plan to cutback on costs. Retailers should opt for cost-effective alternatives, with a focus on promoting value for money, to drive retail spending. Consumers are changing their purchasing patterns in response to inflationary...