PROSPECTS AND OPPORTUNITIES
Retail e-commerce set to remain on strong growth path over forecast period
Retail e-commerce in the UK is expected to maintain its strong growth trajectory over the forecast period, driven by the rising consumer preference for convenience. The channel is set to reach new heights, driven by technological advancements, changing consumer behaviour, and the growing adoption of mobile shopping.
The rise of s-commerce and m-commerce to further drive retail e-commerce growth
Social commerce (s-commerce) and mobile commerce (m-commerce) are set to continue reshaping the retail e-commerce landscape in the UK. Local consumers are increasingly making purchases directly through social media platforms and mobile apps, reducing reliance on traditional websites.
Conscious shopping and price-sensitivity likely to positively influence retail e-commerce over forecast period
While inflation and cost-of-living concerns are expected to ease in the UK over the forecast period, local consumers are likely to maintain a cautious approach to spending. The economic uncertainty towards the end of the review period has created new shopping habits that are likely to remain prevalent in the coming years, with many consumers prioritising price comparison, the search for attractive deals, and strategic spending over impulse purchases.
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Overview:
Understand the latest market trends and future growth opportunities for the Retail E-Commerce industry in United Kingdom with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Retail E-Commerce industry in United Kingdom, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Retail E-Commerce in United Kingdom report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Retail E-Commerce in United Kingdom?
- Which are the leading retailers in Retail E-Commerce in United Kingdom?
- How is the rise of e-commerce and the expansion of modern grocery retail impacting traditional retail?
- How has the impact of COVID-19 and national lockdown impacted consumer demand?
- Which formats have benefited the most from stockpiling and enforced home seclusion?
- How will the wider economic impact of COVID-19 shape the retail landscape in the future?
- Where is future growth expected to be most dynamic?
Retail E-Commerce in the United Kingdom - Category analysis
KEY DATA FINDINGS
Retail e-commerce maintains positive trajectory in 2024
Evolving competitive landscape of retail e-commerce in the UK
S-commerce growth fuels TikTok Shop Marketplace’s continued surge in 2024
Retail e-commerce set to remain on strong growth path over forecast period
The rise of s-commerce and m-commerce to further drive retail e-commerce growth
Conscious shopping and price-sensitivity likely to positively influence retail e-commerce over forecast period
Retail in the United Kingdom - Industry Overview
Retail in 2024: The big picture
Value-driven shopping continues to reshape UK retail landscape
Retail e-commerce thrives on convenience and competitive pricing
What next for retail?
Informal retail
Opening hours for physical retail
Seasonality
Valentine’s Day
International Women’s Day
Easter
Back-to-school
Black Friday
Christmas
DISCLAIMER
The following categories and subcategories are included:
Retail E-Commerce
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- Apparel and Footwear E-Commerce
- Personal Accessories E-Commerce
- Eyewear E-Commerce
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- Beauty and Personal Care E-Commerce
- Consumer Health E-Commerce
- Tissue and Hygiene E-Commerce
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- Consumer Appliances E-Commerce
- Consumer Electronics E-Commerce
- Toys and Games E-Commerce
- Drinks and Tobacco E-Commerce
- Foods E-Commerce
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- Home Care E-Commerce
- Home and Garden E-Commerce
- Pet Care E-Commerce
- Other Products E-Commerce
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- First-Party (1P) Marketplace E-Commerce
- Third-Party (3P) Marketplace E-Commerce
- Grocery E-Commerce
- General Merchandiser E-Commerce
- Apparel and Footwear Specialist E-Commerce
- Appliances and Electronics Specialist E-Commerce
- Home Products Specialist E-Commerce
- Health and Beauty Specialist E-Commerce
- Leisure and Personal Goods Specialist E-Commerce
- Other E-Commerce Retailers
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Retail E-Commerce
Online sales of new and used goods to the public from a business for personal or household consumption. This figure includes those purchases made via online marketplaces, assuming it is a business-to-consumer purchase. This figure includes the purchase of mobile apps, games, in-app purchases and downloaded versions of recorded music, film, video games, books, journals and magazines. Note: The streaming versions of these media types, which are not tracked in Retailing, are captured in Streaming Services E-Commerce. Goods purchased via quick-delivery services, such as Amazon Prime, are captured here, whereas the subscription fee for such a service is captured in Other E-Commerce. Retail purchases made via hyperlocal or third-party delivery platforms are also included here, while the delivery fees associated with such services are included in Other E-Commerce. This category excludes the following industries and channels: • Specialist retailers of motor vehicles; motorcycles, vehicle parts and fuel • The rental, hire and leasing of products • Wholesalers, cash and carry outlets • Consumer-to-consumer transactions • Informal retail which is not declared to tax authorities
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Retail E-Commerce research and analysis database.
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