United Kingdom (UK) Retail Market Size by Sector and Channel Including Online Retail, Key Players and Forecast to 2027
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UK Retail Market Report Overview
The UK retail market size was GBP386.3 billion in 2022. The market is expected to grow at a CAGR of more than 2% during 2022-2027. The UK retail market research report provides both historic and forecast market data for total retail sales in the UK.
UK Retail Market Outlook 2022 – 2027 (GBP Billion)
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It illustrates the data with charts, graphs, and tables, summarizing the value trends, with individual sector details in overall retail. The databook also reveals major retailers in each sector and their market share along with their price and market positioning in 2022.
Market Size (2022) | GBP386.3 billion |
CAGR (2022-2027) | >2% |
Historical Period | 2017-2022 |
Forecast Period | 2023-2027 |
Key Sectors | · Food & Grocery
· Clothing & Footwear · Home · Electricals · Health & Beauty |
Key Distribution Channels | · Hypermarkets, Supermarkets & Hard Discounters
· Online · Clothing, Footwear, and Accessories Specialists · Convenience Stores (Including Independents) and Gas Stations · Drug Stores and Health & Beauty Stores · Value, Discount and Variety Stores and General Merchandise Retail · Food and Drinks Specialists |
Leading Retailers | · Next
· Primark · Tesco · Sainsbury’s · Currys · Amazon · Boots · Specsavers · B&Q · IKEA |
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UK Retail Market Segmentation by Sectors
The key sectors in the UK retail market are food & grocery, clothing & footwear, home, electricals, health & beauty, among others. Food & grocery had the highest value share in 2022 and is anticipated to have the highest growth rate during the forecast period as well.
UK Retail Market Analysis by Sectors, 2022 (%)
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UK Retail Market Segmentation by Distribution Channels
Some of the key distribution channels in the UK retail market are hypermarkets, supermarkets & hard discounters, online, clothing, footwear, and accessories specialists, convenience stores (including independents) and gas stations, drug stores and health & beauty stores, value, discount and variety stores and general merchandise retail, and food and drinks specialists. Hypermarkets, supermarkets & hard discounters had the highest value share in 2022.
UK Retail Market Analysis by Distribution Channels, 2022 (%)
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UK Retail Market - Competitive Landscape
Some of the leading retailers in the UK retail market are Next, Primark, Tesco, Sainsbury’s, Currys, Amazon, Boots, Specsavers, B&Q, and IKEA.
UK Retail Market Analysis by Retailers, 2022
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Segments Covered in the Report
UK Retail Market Sectors Outlook (Value, GBP Billion, 2017-2027)
- Food & Grocery
- Clothing & Footwear
- Home
- Electricals
- Health & Beauty
UK Retail Market Distribution Channels Outlook (Value GBP Billion, 2017-2027)
- Hypermarkets, Supermarkets & Hard Discounters
- Online
- Clothing, Footwear, and Accessories Specialists
- Convenience Stores (Including Independents) and Gas Stations
- Drug Stores and Health & Beauty Stores
- Value, Discount and Variety Stores and General Merchandise Retail
- Food and Drinks Specialists
Key Highlights
- Food and grocery is the dominating sector in 2021 but clothing and footwear is the fastest growing sector between 2021-2026
- Hypermarkets, supermarkets, and hard discounters is the leading channel, but the duty-free retail channel is expected to see the maximum growth during the forecast period
- The UK retail industry is dominated by mass-market players
Reasons to Buy
- Gain a comprehensive view of the UK retail industry and forecasts to 2027
- Explore new opportunities that will allow you to align your product offerings and strategies to meet demand following the impact of recent events on the retail market in the UK
- Investigate current and forecast trends in the UK retail sectors to identify the opportunities offering the most potential
- Understand who the main competitors are in the sectors and their price positioning
Tesco
Specsavers
Superdrug
Sainsbury's
LloydsPharmacy
Morrisons
Table of Contents
Frequently asked questions
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What was the UK retail market size in 2022?
The retail market size in the UK was GBP386.3 billion in 2022.
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What is the UK retail market growth rate?
The retail market in the UK is expected to grow at a CAGR of more than 2% during 2022-2027.
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Which was the leading sector in the UK retail market in 2022?
Food & grocery was the leading sector in the UK retail market in 2022.
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Which was the leading distribution channel in the UK retail market in 2022?
Hypermarkets, supermarkets & hard discounters was the leading distribution channel in the UK retail market in 2022.
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Which are the leading retailers in the UK retail market?
Some of the leading retailers in the UK retail market are Next, Primark, Tesco, Sainsbury’s, Currys, Amazon, Boots, Specsavers, B&Q, and IKEA.
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