E-retail in the UK-2017
ReportsWeb.com published “E-retail Market” from its database. The report covers the market
landscape and its growth prospects over the coming years. The report also includes a discussion
of the key vendors operating in this market.
"E-retail in the UK-2017", report offers comprehensive insight and analysis of the online
channel in the UK, the main trends and hot issues, major players and consumer shopping
behaviour. It also provides forecasts to 2022 across key retail sectors.
The online retail sector will continue to experience strong growth over the next five years,
propping up the UK retail market. Growth in the online channel will be driven by clothing &
footwear, with sales forecast to rise 55.2% over the next five years. The continued success of
fast fashion online pureplays and retailers' investment in improving customer experience will
ensure clothing & footwear remains a driving force within the online channel.
Despite the online channel providing a lifeline to multichannel retailers who are experiencing
tough offline sales, e-retail imposes challenges such as the management of returned stock and
the continuous need to innovate to offer fast and low cost fulfilment options. Online returns
are forecast to grow at practically the same rate as online spend driven by consumers becoming
more confident with free and simple returns processes offered by retailers along with the rise
of delivery saver schemes.
For more information about this report at http://www.reportsweb.com/e-retail-in-the-uk-
2017
The report provides in-depth analysis of the following-
- The hot issues
- What people buy
- Who shops
- The shopper journey
- Where people shop
Scope
- Sales via smartphone are a key area of growth for the online channel over the next five years,
with spend via mobile set to grow 112.0%, overtaking tablet sales in 2018. Mobile growth is
predominantly driven by food & grocery and clothing & footwear sectors, with the latter
category aided by the 'see now, buy now' mentality of consumers frequently browsing social
media. Retailers should prioritise investment in mobile platforms and apps to capitalise on the
forecast growth in mobile spend.
- Due to its fast online growth, clothing & footwear will further dominate the online returns