Ken Research - UK Footwear Retailing Market Future Outlook
UK Footwear Retailing Market
Future Outlook: Ken Research
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 UK Footwear Retailing Market Research Report, 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 strategizing
Market issues are examined: consumer demographic analysis, online growth prospects, niche product
opportunities and drivers of children's footwear.
2014 has seen a conscious effort from retailers to introduce more transpersonal 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.