1. Market Research
  2. > Clothing and Textile
  3. > Footwear Market Trends

Footwear Retailing in the UK | Verdict Sector Report

  • September 2014
  • 191 pages
  • GlobalData
Report ID: 3468676

Summary

Table of Contents

Search Inside

Summary
Higher disposable incomes due to wage growth recovery, combined with a rise in consumer confidence, will drive discretionary purchases and volumes in 2014, while better trend adaptation from the catwalks will drive shoppers to buy more on-trend footwear styles, aiding expenditure growth of 2.6%.

Key Findings
- Provides data and insight on market size, sales and growth rates for footwear overall and by channel, helping to identify growth opportunities.

- Provides expenditure breakdown across the value, midmarket and premium footwear sectors highlighting the areas which offer the most growth potential.

- Forecasts expenditure and spend per head for women's, men's and children's footwear to 2019, highlighting the sectors with the most growth potential

- Footwear expenditure forecast to 2019 and analysis of volume growth and inflation, aiding future planning and strategising

- Market issues are examined: consumer demographic analysis, online growth prospects, niche product opportunities and drivers of children's footwear.

Synopsis
2014 has seen a conscious effort from retailers to introduce more transeasonal footwear to prevent a repeat of 2013's poor performance, which was impacted by unseasonable weather. Being proactive in adapting product ranges is key, while reacting to short-term changes in the weather through marketing is also vital to better suit consumer needs.

Consumers will place quality, comfort and style over price as loyalty drivers and will trade back up to the midmarket and premium brands they love, aiding these segments of the market to grow by a total of £917m in the next five years to 2019.

The UK online footwear market is forecast to grow by 156.9% in the five years to 2014, as spend shifts from more traditional shopping methods and multichannel retailers such as Schuh, Office and Next continue to invest in their platforms and increase footwear product availability online.

Reasons To Buy
- What is driving women's spend in footwear and how can I increase sales in men's shoes? What impact will value players have on children's footwear?

- What challenges do footwear specialists face from clothing retailers and sportswear players? How can they protect their place in the market?

- Which retailers will gain the most market share in 2014, and who are expected to be the greatest share losers and why?

- How can I defy unpredictable weather to maintain spend, and which players have started to invest in transeasonal footwear ranges?

- What proportion of footwear sales will come from the online channel in 2014? What must value players do to further capitalise on this growing channel?

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Ahmad helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Footwear Markets in the World to 2021 - Market Size, Development, and Forecasts

  • $ 24725
  • Industry report
  • July 2017
  • by Global Research & Data Services

The report package Footwear Markets in the World to 2021 - Market Size, Development, and Forecasts offers the most up-to-date industry data on the actual market situation, and future outlook for footwea ...

Strap Footwear Markets in the World to 2021 - Market Size, Development, and Forecasts

  • $ 24725
  • Industry report
  • July 2017
  • by Global Research & Data Services

The report package Strap Footwear Markets in the World to 2021 - Market Size, Development, and Forecasts offers the most up-to-date industry data on the actual market situation, and future outlook fo ...

Footwear Markets in Europe to 2021 - Market Size, Development, and Forecasts

  • $ 12090
  • Industry report
  • July 2017
  • by Global Research & Data Services

The report package Footwear Markets in Europe to 2021 - Market Size, Development, and Forecasts offers the most up-to-date industry data on the actual market situation, and future outlook for footwea ...


ref:plp2014

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.