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UK Retail Sector Summary Forecasts to 2019

  • January 2014
  • -
  • GlobalData
  • -
  • 30 pages

Summary

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Summary
A unique forecasting tool providing dynamic forecasts and analysis of market demand and price pressures. This is a summary report covering total retail, sectors and channels - clothing and footwear, DIY and gardening, electricals, furniture and floorcoverings, food and grocery, health and beauty, homewares, music and video and books.

Key Findings
- Brief review of economic trends and how they impact retail, explaining how we believe key economic metrics will evolve over the next five years

- Forecasts of how overall retail and retail sectors will fare over the next five years, examining volume, inflation and overall growth rates

- Category level forecasts are provided to fully inform growth strategies

Synopsis
Verdict forecasts overall UK retail will grow by 16.5% over the next five years, double that of the previous five (8.0%).

The improving economy, consumer confidence and population growth will all drive higher spending.

Home-related sectors will return to growth and start to take more share of overall spending as the housing market improves.

Reasons To Buy
- How will the economic recovery impact my retail sector and when?

- Which retail sectors will perform the best through 2014-19? Which sectors should my business focus on?

- How will fast will online sales penetration grow over the next five years?

- Which sectors will be most impacted by high unemployment?

- Will inflation reach the 2.0% BoE target, and what will happen as a result? How long will this last, and will it stimulate a rise in interest rates?

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