Figure 1: Short, medium and long-term impact of COVID-19 on womenswear, 2021. While growth is 3.9 ppts stronger than that of 2012-17, the market will be driven by . It provides in-depth analysis of the following: the hot issues impacting the market, strategies for success, market sizes and forecasts, retailer profiles, retailer market shares, consumer data and . Figure 1: Short, medium and long-term impact of COVID-19 on womenswear, 2021. The brand had it particularly good between 2014 and 2016 . In second place is next.co.uk with a revenue of over US$2.4 billion, followed by sainsburys.co.uk with a revenue of US$2.2 billion. Robust and transparent research methodology, conducted in-country. Childrenswear more resilient, but still declines by 16%. Figure 2: Best and worst-case forecast for consumer spending on womenswear, 2015-25 (prepared on 26 April 2021) Brexit leads to higher costs for womenswear brands. Primark's consistent growth over the years helped place the value . Download reports now. In 2020, the revenue of the apparel market in the United Kingdom (UK) is expected to decrease by 9.7 percent, a likely impact of the Covid . Figure 3: Segmentation of UK childrenswear market, based on current prices, 2015-20. Year-on-Year Revenue Growth at 35% London, 4 September 2012, Spreadshirt (www.spreadshirt.co.uk), the global, customisable clothing-commerce platform, has today announced that the UK market continues to grow successfully, with the company seeing positive growth across all UK channels throughout the first two quarters of the . The UK Clothing 2019-2024 report offers comprehensive insight and analysis of the UK clothing market (including forecasts up to 2024), the major players, the main trends, and consumer attitudes. Clothing Retailing in the UK trends (2017-2022) Clothing Retailing in the UK industry outlook (2022-2027) poll Average industry growth 2022-2027 : x.x lock Purchase this report or a membership to unlock the average company profit margin for this industry. Womenswear suffers from big declines in sales in 2020. holidays, weddings, nightlife). Spreadshirt Consolidates UK Market Growth Tue, Sep 04, 2012 15:31 CET. The UK Clothing 2019-2024 report offers comprehensive insight and analysis of the UK clothing market (including forecasts up to 2024), the major players, the main trends, and consumer attitudes. Since 2007, Primark has significantly increased its share in the UK clothing market, going from 4.1 to 7.1 percent in 2018. Consumer spending on fashion accessories saw positive growth throughout 2021, with consumer confidence starting to return. Clothing & Footwear demand should return with more consistency over 2022, and more aligned with pre-pandemic levels, helped by the return of social occasions (e.g. "The UK Clothing Market 2017-2022" report offers comprehensive insight and analysis of the market (including forecasts up to 2022), the major players, the main trends, and consumer attitudes. Altogether, the top three online stores account for a market share of about 36% within the given segment. (GlobalData) M&S has held the leading position in the UK apparel market for a long time. UK top 10 Clothing, Footwear & Apparel retailers ranked by 2018-2019 market share, plus latest financial results and retailer profiles. The global Loungewear market to grow significantly by 2027 expanding at a reasonable CAGR of around 10% during the forecast period (2021-2027).. Loungewear is defined as comfortable and casual clothing that is versatile for relaxing, working from home, or venturing out for an indulgent brunch. In 2020, revenues in the apparel market in the UK are estimated to stay at around 52 . How consumers' behaviours and attitudes have changed since COVID-19. While growth is 3.9 ppts stronger than that of 2012-17, the market will be driven by . Next plc's share in the UK clothing market sank below 7 percent in 2018, which was a first for the fashion retailer in the last 10 years. The market. With sales in the UK Fashion market, johnlewis.com generated a revenue of US$2.5 billion in 2021, which means it is the leading online store in this segment. Market share of the largest clothing retailer in the UK 7.1% 2 : How much the Clothing sector is worth in the UK in 2020 You can unlock this figure now: Login or Sign up for a free trial! Figure 2: Market size and forecast for consumer spending on childrenswear, 2015-25 (prepared on 4 February 2021) Infantswear most resilient. UK clothing market will grow by 16.6% over the next five years to £51.2bn. The report covers retail sales growth, region and category-specific economic insight, together with market share size and rankings for the UK's top ten Clothing and Footwear retailers: As male interest in fashion and personal appearance builds and retailers are starting to respond to male consumers' growing demands for more choice, style, and newness. In second place is next.co.uk with a revenue of over US$2.4 billion, followed by sainsburys.co.uk with a revenue of US$2.2 billion. Rising per capita income, favorable demographics, and a shift in preference to branded products are projected to drive the demand for the market. It provides in-depth analysis of the following: the hot issues impacting the market, strategies for success, market sizes and forecasts, retailer profiles, retailer market shares, consumer data and . Retail Economics publish a monthly UK Clothing and Footwear sector report that provides in-depth analysis on the latest retail data and consumer trends affecting the category. The apparel and footwear market in the United Kingdom (UK) is projected to grow steadily in the coming years. Quickly understand. In 2018, Next.co.uk was the UK's top online store, with net annual sales of roughly 1.2 billion British . The global apparel and leather products market size is expected to grow from $870.37 billion in 2021 to $961.96 billion in 2022 at a compound annual growth rate (CAGR) of 10.5%. The apparel and leather market is expected to grow to $1,379.91 billion in 2026 at a CAGR of 9.4%. Current Market Landscape. It provides in-depth analysis of the following: the hot issues impacting the market, strategies for success, market sizes and forecasts, retailer profiles, retailer market shares, consumer data and future . The UK Clothing Market 2017-2022. 4 It provides in-depth analysis of the following: the hot issues impacting the market, strategies for success, market sizes and forecasts, retailer profiles, retailer market shares, consumer data and future . Clothing Retailing in the UK trends (2017-2022) Clothing Retailing in the UK industry outlook (2022-2027) poll Average industry growth 2022-2027 : x.x lock Purchase this report or a membership to unlock the average company profit margin for this industry. Five year forecasts of market trends and market growth. The Childrenswear in United Kingdom report includes: Analysis of key supply-side and demand trends. Revenue growth of the apparel market in the UK 2014-2026. The retailer's clothing sales slipped 0.4% in the six months to 3 August according to Kantar, taking its share of the market down to 10.4%, 0.5% percentage points less than a year before. Historic volume and value sizes, company and brand market shares. With sales in the UK Fashion market, johnlewis.com generated a revenue of US$2.5 billion in 2021, which means it is the leading online store in this segment. Sector outlook. What is the market size of the Clothing Retailing industry in the UK? Primark's market share, however, decreased between 2008 and 2018. How consumers define sustainable fashion. The market. 61.0% of sportswear shoppers exercise in some form at least a few times a week, however this rises among the over 55s, making it clear that there is opportunity to drive spend among mature shoppers. 4 The UK's clothing market is saturated with retailers that sell across various channels. Birth rates continue to drop. Primark's market share, however, decreased between 2008 and 2018. Womenswear suffers from big declines in sales in 2020. M&S was the UK's biggest clothing retailer in 2018 with a market share of nearly ten percent. Market share of the largest clothing retailer in the UK 7.1% 2 : How much the Clothing sector is worth in the UK in 2020 You can unlock this figure now: Login or Sign up for a free trial! 3 : How much the UK clothing market has declined in the UK in 2020 (Y-o-Y) You can unlock this figure now: Login or Sign up for a free trial! Read on to discover more details or take a look at all of our UK Clothing Footwear and Accessories market research. The UK value clothing market will grow by £3.2bn in the five years to 2021 - equating to 23.6% growth on 2016, with menswear driving the market and outperforming womenswear. The information represents On and Off Course golf shop channels combined with totals for 2020. Alternatively, discover who has climbed and fallen across the retail industry this year in our UK Retail Rankings market report. Retail Economics forecasts Clothing sales to grow by 00% YoY in 2022, reaching £00bn, and Footwear sales to rise by 00% YoY in 2022 . Industry market research reports, statistics, analysis, data, trends and forecasts. However, the way consumers are . This market report covers the fashion accessoires market size, market forecast, market segmentation and industry trends for the Fashion Accessories market in the UK. Quickly understand. The global apparel market is anticipated to record a CAGR of 5.5% during the forecast period (2020-2025). The brand had it particularly good between 2014 and 2016 . The global apparel market is anticipated to record a CAGR of 5.5% during the forecast period (2020-2025). The largest clothing retailer in the UK, Marks and Spencer, had a 7.6% share of the apparel market in 2018. - 61.0% of sportswear shoppers exercise in some form at least a few times a week, however this rises among the over 55s, making it clear that there is opportunity to drive spend among mature shoppers. Read on to discover more details or take a look at all of our UK Fashion market research. UK clothing market will grow by 16.6% over the next five years to £51.2bn. "The UK Clothing Market 2017-2022" report offers comprehensive insight and analysis of the market (including forecasts up to 2022), the major players, the main trends, and consumer attitudes. Next plc's share in the UK clothing market sank below 7 percent in 2018, which was a first for the fashion retailer in the last 10 years. Detailed segmentation of international and local products. IBISWorld's statistic shows that as of 2022 the market size of the Clothing Retailing industry is £36.5bn an increase of 34.32% from 2021. The apparel and footwear market in the United Kingdom (UK) is projected to grow steadily in the coming years. The adoption of luxury lifestyle among consumers has influenced the purchasing power to opt . Although the data from 2018 showed that it held the largest UK clothing retailers market share, it was a significant downturn from the previous 9.7% . The UK "premium lifestyle" market UK clothing, footwear and accessories market drivers Future impact (15-20) Key: Negative Positive Historical impact (12-15) Drivers of the clothing, footwear and accessories market value Rising disposable income and consumer confidence •The clothing market suffered a decline during the recession but The adoption of luxury lifestyle among consumers has influenced the purchasing power to opt . 3 : How much the UK clothing market has declined in the UK in 2020 (Y-o-Y) You can unlock this figure now: Login or Sign up for a free trial! What is the market size of the Clothing Retailing industry in the UK? The UK online apparel market accounted for 24 per cent of all clothing sales in 2018, with £11.6 billion out of £48.1 billion retail sales coming directly from digital purchases. The UK value clothing market is forecast to reach 14.1bn in 2019, with the market still expected to outperform the total UK clothing market over the next five years as low consumer confidence . This statistic shows supermarkets' share of the fashion retail market in the United Kingdom (UK) from June 2004 to July 2014, as value and volume share. Much more in-depth information is available by contacting . Figure 2: Best and worst-case forecast for consumer spending on womenswear, 2015-25 (prepared on 26 April 2021) Brexit leads to higher costs for womenswear brands. The UK Value Clothing 2019-2024 report offers comprehensive insight and analysis of the UK value clothing market (including forecasts up to 2024), the major players, the main trends, and consumer . Sports Direct remains leader of the UK sports clothing market despite further share erosion in 2018. There is further scope for this to be extended to other product categories, including accessories, footwear and clothing ranges. Rising per capita income, favorable demographics, and a shift in preference to branded products are projected to drive the demand for the market. The impact of COVID-19 on the sustainable fashion market. IBISWorld's statistic shows that as of 2022 the market size of the Clothing Retailing industry is £36.5bn an increase of 34.32% from 2021. - Sports Direct remains leader of the UK sports clothing market despite further share erosion in 2018. In 2020, revenues in the apparel market in the UK are estimated to stay at around 52 . M&S was the UK's biggest clothing retailer in 2018 with a market share of nearly ten percent. 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