Summary Online Retail in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
The online retail market is segmented into apparel retail, electrical & electronics retail, food & grocery retail, home & garden products, furniture & floor coverings, and footwear.
The UK online retail sector had total revenues of $80.7 billion in 2022, representing a compound annual growth rate (CAGR) of 11.4% between 2017 and 2022.
The food & grocery retail segment accounted for the sector's largest proportion in 2022, with total revenues of $24.6 billion, equivalent to 30.5% of the sector's overall value.
In 2022, the economic slowdown, inflation, and increased energy prices contributed to decreased consumer spending on online retail, resulting in a dip in the market. For instance, consumer price inflation in the UK in 2022 stood at 9.1%, an increase from 2.7%, according to GlobalData.
Scope
Save time carrying out entry-level research by identifying the size, growth, and leading players in the online retail market in the United Kingdom
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the online retail market in the United Kingdom
Leading company profiles reveal details of key online retail market players’ global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the United Kingdom online retail market with five year forecasts by both value and volume
Reasons to Buy
What was the size of the United Kingdom online retail market by value in 2022?
What will be the size of the United Kingdom online retail market in 2027?
What factors are affecting the strength of competition in the United Kingdom online retail market?
How has the market performed over the last five years?
How large is the United Kingdom’s online retail market in relation to its regional counterparts?