UK Footwear Market Analysis 2017 (By Segment, Key Players and Applications) and Forecasts To 2022
Pune, India, 20 July 2017: WiseGuyReports announced addition of new report, titled “The UK Footwear Market 2017-2022”.
Pune, India – July 20, 2017 /MarketersMedia/ —
Summary
“The UK Footwear 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. 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 outlook.
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The UK footwear market is forecast to grow by 13.7% over the next five years, and will be driven by higher retail prices with inflation staying above 1.0% until 2021. As a consequence volumes will remain muted as shoppers opt to delay purchases – except for those on essential children’s footwear.
Scope
– Just 9.9% of footwear shoppers buy at least once a month, compared to 15.7% of clothing shoppers.
– Quality is the biggest purchase motivator with 90.3% of footwear shoppers citing it as important. Quality holds more importance among mature shoppers making it imperative that the likes of Clarks, Hotter and Pavers showcase their quality credentials.
– Between 2012 and 2017 an additional £80m has been spent on wide fit footwear, with the market outperforming the adult footwear sector.
Reasons to buy
– Utilise the detailed market data and insight to help form an effective growth strategy across the footwear market and its subsectors (men’s footwear, women’s footwear, and children’s footwear).
– Understand the opportunities in the market by learning who shops for footwear, how frequently they shop and what drives their store selection in order to drive conversion and spend.
– Understand how spend per head will change over the coming years, and learn which age groups will be most lucrative to target.
Table of Content: Key Points
The hot issues
What people buy
Where people shop
How people shop
Why people shop
Methodology
…Continued
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Source: MarketersMedia
Release ID: 219696
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