How UK Online Retail market is Segmented?
By Major Product Categories
UK online retail industry is dominated by apparel and footwear category with the share of ~% in 2018 in terms of gross merchandise value due to high demand for wide variety while traditional toys and games category has least contribution with the share of ~% in 2018 owing to the high shift towards online games.
Desktop accounted for highest share of ~% in 2018 in terms of gross merchandise value due to the having better appearance and large screen size as compared to mobile while the share of mobile is growing continuously in the market owing to the increasing smart phone penetration, and mobile optimization.
UK online retail market is dominated by female with the share of ~% in 2018 as compared to male in terms of gross merchandise value as female always look for variety and low prices while male are comparatively less price conscious.
By Mode of Payment
Debit+ Credit Card accounted for highest share of ~% in 2018 in terms of gross merchandise value due to having fast and secure payments while the share of Net Banking+ M wallets accounted for second highest share of ~% in 2018 owing to the increasing smart phone penetration while cash on delivery contributed the least share due to the growing trend of cashless transactions.
How is The Competitive Landscape of Online Retail Market in UK?
The online retail industry in UK is experiencing high level of competition owing to the increasing number of retail websites and apps with growing demand of personalization in the country. Competition stage was observed to be highly fragmented along with the presence of major players such as Amazon.Com Inc, eBay Inc, Tesco Plc, J Sainsbury Plc, John Lewis Partnership Plc, Shop Direct Group Ltd, Next Plc, Apple Plc, Dixons Carphone Plc, Ocado Group Plc, Walmart Inc, Asos Plc, AO World Plc, Mark & Spencer Plc and other small players. Some of the major parameters on the basis of which the online retail companies compete in UK include number of product categories, unique visitors’ traffic, operating model, logistics and major brands of the company.
UK Online Retail Market Future Outlook and Projections
UK online retail market is anticipated to increase from GBP ~ million in 2018 to GBP ~ million by the year ending 2025 in terms of gross merchandise value at a CAGR of ~ % during the period 2018-2025F under deal and no deal scenario of Brexit with respect to multiple factors that include growing internet and smart phone penetration, increasing youth population, rapid technological development, rising digital advertising spent, increasing number of social media users, growth in the retail websites and applications in UK. Growing demand for personalization coupled with increasing online shoppers will drive the growth of online retail market in the near future in UK.
Key Segments Covered:-
By Product Category Type (Apparel and Footwear, Beauty and Personal Care, Consumer Appliance, Consumer Electronics, Consumer Health, Food and Drink, Home Care, Home Improvement & Gardening, Homewares/Home Furnishings, Media Products, Personal Accessories and Eyewear, Pet Care, Traditional Toys and Games, Video Games Hardware and Other Internet Retailing)
By Type of Device (Mobile and Desktop)
By Gender (Female and Male)
By Mode of Payment (Cash on Delivery, Debit + Credit Card and Net Banking and M-Wallets)
Key Target Audience:-
Online Retail Companies
Third Party Websites of Online Retail
Time Period Captured in the Report:-
Historical Period: 2013-2018
Forecast Period: 2018-2025F
J Sainsbury Plc
John Lewis Partnership Plc
For More Information on the research report, refer to below links:-
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