Report publication titled “UK Online Retail Market Outlook to 2025 - By Product
Categories (Apparel and Footwear, Food and Drink, Media Products, Consumer Electronics
and Others), By Desktop and Mobile Mode, By Gender (Male and Female) and By
Mode of Payment (Debit+Credit Card, Net Banking and Cash on Delivery)” provides a comprehensive analysis of the online retail market
in UK. The report also covers the overview and genesis of the markets, overall
market size, segmentation, trends, developments, issues and challenges, regulatory
framework, value chain analysis, competitive scenario including competition
stage, competition parameters, market share, brand share and company profiles
of major players operating in market. Lastly, the report concludes with the future
market projections and analyst recommendations highlighting the major
opportunities and cautions for new as well as existing players in the market.
UK Online Retail Market Overview
and Size
UK online retail market grew at double digit growth
rate in terms of GMV over the review period 2013-2018. The market growth was
supported by the increase in total smartphone penetration, growth in online shoppers
and rise in youth population. The availability of better deals and offers along
with change in consumer behaviour towards in-store has significantly affected
the growth in the market and has changed the digital landscape in the industry.
The market is currently placed in the growth stage owing to the increasing
penetration of online retail sales during 2019. As more retailers turn online
for their shopping, more and more shops are leaving the high street (i.e.
offline stores in UK). On the other hand, online retail players have become
highly competitive on the basis of personalized experience and social
engagement.
UK Online Retail Market
Segmentation
By Major Product Categories (Apparel
and Footwear, Beauty and Personal Care, Consumer Appliances and Others): Apparel and Footwear dominated
the online retail market as they have highest demand among both male and female
population while traditional toys and games are the lowest owing to the
declining interest of kids towards traditional games.
By Device (Desktop and Mobile): More than half of the people in
UK visit the E-commerce site via mobile for the purpose of searching about the
product whereas, the lesser proportion of audience actually buy the product via
mobile. UK people generally prefer to go for a desktop and tablet to make the
purchase of the product. This is due to the large display screen available on
laptop as compared to mobile, which facilitates a better image and view of the
product.
By Gender (Male and Female): The male segment within European
countries is equally active in terms of online shopping compared to female
segment. Though, both male and female have different product categories to
spend being an E-shopper, males generally prefer to spend more on electronics
whereas, the female segment are the major consumer of apparels and footwear.
By Mode of Payment (Debit+Credit
Card, Net Banking and M-Wallets and Cash on Delivery): With increasing digitalization
coupled with smartphone penetration in the country, UK consumers were observed
to prefer making online payments via debit as well as credit cards and net
banking. As a result, cash on delivery option saw a rapid decline during 2019.
Competitive Landscape in UK
Online Retail Market
Competition has increased over the years leading to
the increasing number of online retail websites in UK. Major companies include
Amazon.com Inc, eBay.Inc, Tesco Plc, J Sainsbury Plc and several others which are
competiting by providing all device optimization, better deals, hyper
personalization through personal engagement and convinent, secure and fast
payment modes. Amazon Inc is the dominating player in online retailing with
huge product range, great customer trust and support. The giant has multiple
subsidiaries worldwide. They primarily sell all their products online and
generate no cost in maintaining physical outlets.
UK Online Retail Market Future
Outlook and Projections
Online retail market in UK is expected to witness a
single digit growth rate in the forecast period 2018-2025F. The impact of brexit
will slow the growth rate owing to unexpected alteration in the regulations and
currency fluctuations leading to the decline in the cross border transactions
in the future. However, growth is supported by increasing omni channels, demand
for hyper-personalization and increasing mobile retailing within the UK. Other
demand drivers include growing social media users, shift towards mobile
commerce and technological innovation.
Key
Segments Covered:-
By
Product Category Type (Apparel and Footwear, Beauty
and Personal Care, Consumer Appliance, Consumer Electronics, Consumer Health,
Food and Drink, Home Care, Home Improvement & Gardening, Homewares/Home
Furnishings, Media Products, Personal Accessories and Eyewear, Pet Care, Traditional
Toys and Games, Video Games Hardware and Other Internet Retailing)
By
Type of Device (Mobile and Desktop)
By
Gender (Female and Male)
By
Mode of Payment (Cash on Delivery, Debit + Credit Card and Net
Banking and M-Wallets)
Key
Target Audience:-
Online Retail Companies
Third Party Websites of Online
Retail
Time
Period Captured in the Report:-
Historical
Period: 2013-2018
Forecast
Period: 2018-2025F
Companies
Covered:-
Amazon.com
Inc
eBay
Inc
Tesco
Plc
J
Sainsbury Plc
John
Lewis Partnership Plc
Key Topics Covered in the Report:-
Market
Overview and Genesis
Business
Models in UK Online Retail Market
U.K.
Online Retail Market Size, 2013-2018
UK
Online Retail Market Segmentation, 2013-2018
Government
Regulations in the U.K. Online Retail Market
Growth
Drivers of U.K. Online Retail Market
Trends
and Developments in U.K. Online Retail Market
Issues
and Challenges in UK Online Retail Market
Competitive
Landscape in U.K. Online Retail Market
Company
Profiles of Major NBO Companies (Amazon.com Inc, EBay Inc, Tesco plc, J.
Sainsbury Plc and John Lewis Partnership plc) Operating in UK Online Retail
Market
U.K.
Online Retail Market Future Outlook and Projections, 2018-2025F
Failure
Case Study
Impact
of Brexit on Online Retailers in UK
Analyst
Recommendations
For More Information on the
research report, refer to below links:-
Related Reports:-
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