UK Value Clothing Market 2016-2021

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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. 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.

Scope

• The value menswear market is forecast to grow by 29.2% over the next five years, fuelling growth in the value sector and outperforming the value womenswear market.

• Market leader Primark’s share is expected to fall in 2016 following more than 15 years of growth.

• Value clothing sales at the grocers will continue to be impacted by weak food & grocery footfall, with value clothing share forecast to fall back in 2016. Online experiences for clothing shoppers remains an afterthought for the grocers, with little investment in shopping experience driving shoppers to visit websites of midmarket rivals.

•  42.7% of value shoppers buy clothing at least once a month from value retailers, compared to 36.4% of all clothing shoppers shopping the clothing sector at least once a month, indicating that value shoppers are more impulse driven.

• The online channel will account for 11.5% of the UK value clothing market, compared to 22.5% for the total UK clothing & footwear market in 2016 indicating how far behind the value clothing retailers are in terms of online maturity – unaided by Primark’s notable online absence.

Reasons to Buy

Utilise the detailed data and insight on the market to help form an effective growth strategy across menswear, womenswear, childrenswear and accessories

Understand how consumers trading up will threaten footfall and volumes at value clothing retailers

Identify the opportunities to grow business in this sector by comparing strategies of the key players in the market and their performance metrics

Learn how men’s growing demand for fashion will boost spend in the sector, and how retailers should respond

Understand the opportunities in the market by learning who shops for value clothing and how frequently they shop, and what drives their store selection.

Primark
Asda
TK Maxx
New Look
Tesco
H&M
Matalan
Sainsbury’s
Peacocks
Bonmarche
boohoo.com
Forever 21
Aldi
Missguided

Table of Contents

Introduction

The hot issues

Market drivers in clothing

Main issues in value clothing

Strategies for success

What people buy

Headlines

The sector at a glance

Sector in context

Overall sector size

Overall sector growth

Category growth in value clothing

Category dynamics: Womenswear

Category dynamics: Menswear

Category dynamics: Childrenswear

Category dynamics: Accessories

Spend per head on value clothing

Where people shop

Headlines

Channels of distribution

Market shares

Key metrics

Visited retailers

Retailer profiles

Competitive dynamics

How people shop

Highlights

Who shops and where they are located

Which categories they buy

Online dynamics

Channels used by consumers

Frequency of shopping

Why people shop

Headlines

Shopper attitudes

What’s important

Methodology

Table

N/A

Figures

N/A

Frequently asked questions

UK Value Clothing Market 2016-2021 standard reports
Currency USD
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