United Kingdom (UK) Retail Parks Channel to 2025 – Consumer and Market Dynamics

United Kingdom (UK) Retail Parks Channel to 2025 – Consumer and Market Dynamics report forms part of GlobalData's Retail Channels series, and offers a comprehensive insight into the consumer and market dynamics of the retail parks channel. The report analyses the market, which retailer consumers visit, consumer shopping habits and consumer attitudes of the location.

The overall UK retail parks market is forecast to decline by 4.6% in 2020, the best performing key location as total offline spend falls by 12.9% due to the impacts of COVID-19.

Spend in retail parks is set to increase by 8.3% out to 2025, though the decline in the market in 2020 and subsequent rebound in 2021 masks slowing growth in the location.

Scope

– The sector mix in retail parks is expected to change drastically in 2020 due to the impacts of COVID-19 that leads to the outperformance of food & grocery, DIY & gardening and homewares.

– 32.3% of consumers said that they have visited retail parks at least once a week since March, compared to 27.4% in the 12 months before March, with consumers turning to the location for their shopping, attracted by a safer experience than that in town centres and supermalls.

– Food & grocery is the most shopped sector at retail parks, with 67.9% and 65.8% of visitors browsing and purchasing respectively, with the grocers consistently in the top 10 retailers visited across all sectors.

Reasons to buy

– Use our in-depth consumer and market insight to learn about the growth of the retail parks location over the next five years, and understand why the location is forecast to have outperformed other locations in 2020.

– Understand which consumers are more likely to shop at retail parks at which retailers to help attract more shoppers to retail parks.

Companies mentioned

The Range

B&M

Marks & Spencer

Next

Matalan

Dixons Carphone

Argos

Aldi

Lidl

ASDA

Primark

H&M

New Look

Tesco

TK Maxx

Sainsbury's

B&Q

Wilko

Screwfix

Home Bargains

Homebase

Morrisons

Poundstretcher

Poundland

Iceland

Sports Direct

JD Sports

Clarks

IKEA

Dunelm

Wickes

Boots

Superdrug

Table of Contents

Table of Contents

Summary

WHAT PEOPLE BUY

Headlines

Definition

Overall channel size

Overall channel growth

Share of retail

Sector summary

Spend per head

RETAILERS VISITED

Retailers visited: Clothing

Retailers visited: DIY

Retailers visited: Electricals

Retailers visited: Food & grocery

Retailers visited: Footwear

Retailers visited: Furniture & floorcoverings

Retailers visited: Gardening

Retailers visited: Health & beauty

Retailers visited: Homewares

THE CONSUMER

Headlines

Who visits

Who visits: penetration

Who visits: profile

Who visits: frequent visitor penetration

The shopper journey

Sectors visited and purchased

Shopping habits

The shopper journey

Retail versus leisure

Shopper motivations

COVID-19 shopping behaviour

METHODOLOGY

What is included

List of Tables

List of Tables

Overall retail parks: sector penetration, 2019, 2020e and 2025e

Overall retail parks: share of overall sector sales, 2019, 2020e and 2025e

Overall retail parks: share of offline sector sales, 2019, 2020e and 2025e

Sectors visited and purchased in retail parks and conversion, 2020

List of Figures

List of Figures

Overall retail parks: size of the channel, 2019 – 2025e

Overall retail parks: growth rates versus total retail sales, 2019 – 2025e

Overall retail parks: non-food growth rates versus non-food total retail sales, 2019 – 2025e

Overall retail parks: growth rates versus total offline retail sales, 2019 – 2025e

Overall retail parks: non-food growth rates versus offline non-food retail sales, 2019 – 2025e

Retail parks' share of total retail and offline retail, 2019, 2020e and 2025e

Non-food in retail parks' share of non-food total retail and non-food offline retail, 2019, 2020e and 2025e

Retail parks sector penetration, 2020e

Overall retail parks: sector penetration, 2019, 2020e and 2025e

Sector growth 2020e – 2025e

Overall retail parks: average annual spend per head, 2019 – 2025e

Top 10 clothing retailers visited in retail parks, 2020

Top 10 DIY retailers visited in retail parks, 2020

Top 10 electricals retailers visited in retail parks, 2020

Top 10 food & grocery retailers visited in retail parks, 2020

Top 10 footwear retailers visited in retail parks, 2020

Top 10 furniture & floorcoverings retailers visited in retail parks, 2020

Top 10 gardening retailers visited in retail parks, 2020

Top 10 health & beauty retailers visited in retail parks, 2020

Top 10 homewares retailers visited in retail parks, 2020

Penetration of consumers who visited a retail park in the past 12 months, overall and by demographic, 2020

Penetration of consumers who visited a retail park in the past 12 months, overall and by demographic, 2019

Profile of a retail park visitor, by demographic, 2020

Profile of a retail park visitor, by demographic, 2019

Penetration of frequent retail park visitors, overall and by demographic, 2020

Frequency of visits to key locations, 2020

Travel time to key locations, 2020

Method of travel to retail parks, 2020

Retail and leisure facilities used in retail parks and average time spent on each activity, 2020

Leisure facilities used in retail parks, 2020

Time spent in retail parks and percentage of visitors who used leisure facilities, 2020

Reasons for preferring retail parks over other shopping locations, 2020 and ppt change versus 2019

Retail park visitor preferences, 2020

Retail park visitor preferences, 2020 by demographic

Reasons for not visiting retail parks, 2020

Reasons for not purchasing in a retail park, 2020 and ppt change versus 2019

Which locations consumers have visited and purchased from since the start of lockdown in March

How often consumers have visited key locations since the start of the lockdown in March

Which sectors retail park visitors have visited and purchased since the start of lockdown in March

Whether retail park visitors are visiting the location more or less compared to before the COVID-19 crisis

Whether retail park visitors are spending more or less at the location compared to before the COVID-19 crisis

Drivers of visiting a retail park since the start of lockdown in March

Agreement to statements about visiting retail parks considering the impacts of COVID-19

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