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Sector Analysis
Footwear Market Size, Share and Trend Analysis by Segments, Region, Category Performance and Competitive Landscape to 2027
Footwear Market Report Overview The footwear market size was valued at $358 billion in 2023 and the market will grow at a CAGR of more than 3% during 2023-2027. Footwear has historically been challenging to buy online, as it is more fit-critical than clothing and accessories. However, new technologies are now helping improve the digital shopping process and experience for footwear. For instance, Nike Fit can accurately measure its user’s feet using their smartphone camera and AI. Such improvements will...
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Sector Analysis
United Kingdom (UK) Accessories Market Analysis, Trends, Consumer Preferences and Forecast to 2027
United Kingdom (UK) Accessories Market Report Overview The United Kingdom (UK) accessories market size was £5.9 billion in 2023. The market is expected to grow at a CAGR of more than 2% during 2023-2027. Even though inflationary pressures led consumers to cut back on fashion spend due to higher prices and less discretionary income, the high presence of luxury goods within the fashion sector allowed accessories to achieve slightly stronger growth than clothing and footwear. UK Accessories Market Outlook, 2023-2027...
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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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Thematic Analysis
Connected Consumer in Retail and Apparel – Thematic Intelligence
Connected Consumer in Retail and Apparel Thematic Overview The connected consumer has been created as a direct result of other themes within the retail and apparel sectors. For instance, the Internet of Things (IoT) has transformed the way that retailers and consumers interact. It has allowed retailers to track previously untraceable behaviors, such as tracking coffee replenishment needs through a Bluetooth-connected coffee machine to a retailer’s app. This has raised the bar for the connectivity that consumers expect from retailers...
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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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Analyst Opinions
Europe Apparel Market Size and Trend Analysis by Category, Retail Channel, Supply Chain, Consumer Attitudes, Brands and Forecast to 2027
Europe Apparel Market Report Overview The Europe apparel market size was valued at EUR482 billion in 2022. The market will grow at a CAGR of more than 3% during 2022-2027. Factors such as the advancement of online distribution channels in emerging Eastern European markets, consumer preferences toward convenience, and improvement of brands’ online propositions are expected to drive the European apparel market growth in the coming years. Europe Apparel Market Outlook 2022-2027 (EUR Billion) Buy the Full Report for More...
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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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Thematic Analysis
Top Themes in Retail and Apparel in 2024 – Thematic Intelligence
Explore trends and insights from the following data in our best-selling ‘Top Themes in Retail and Apparel in 2024’ thematic report: Top themes that are expected to impact the global retail and apparel industries in 2024. The report defines; highlights trends and opportunities; and offers key considerations for brands and manufacturers, for each theme. The major themes that will impact these sectors in 2024 - inflation, globalized retail, mergers and acquisitions, ESG, artificial intelligence, and channel shift. How is the ‘Top Themes...
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Sector Analysis
Apparel Resale Market Size, Share and Trend Analysis by Region, Category Performance and Competitive Landscape to 2027
Apparel Resale Market Report Overview The apparel resale market size was estimated at $193.7 billion in 2023. The market is expected to achieve a CAGR of more than 12% during 2023-2027. The growth is attributed to the prevalent practice of buying second-hand apparel because many traditional brands and retailers are launching their own resale platforms. Such ventures are destigmatizing and increasing awareness of the resale channel. Global Apparel Resale Market Overview, 2023-2027 ($ Billion) Buy Full Report to Know More...
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Sector Analysis
Menswear Market Size, Share and Trend Analysis by Segments, Region, Category Performance and Competitive Landscape to 2027
Menswear Market Report Overview The menswear market size was estimated at $501.1 billion in 2022. The market is expected to achieve a CAGR of more than 4% during 2022-2027 due to spending normalizing marginally as inflation subsides from 2024. Also, the growing interest in sportswear and streetwear will boost the menswear market growth in the coming years. Menswear Market Overview, 2022-2027 ($ Billion) Buy Full Report to Know More About the Menswear Market Forecast Download a Free Report Sample The menswear...