Apparel Retail in the United Kingdom (UK) – Market Summary, Competitive Analysis and Forecast to 2025

Apparel Retail in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

– The apparel retail market includes baby clothing, toddler clothing and casual wear, essentials, formalwear, formalwear-occasion, and outerwear for men, women, boys and girls; excludes sports-specific clothing. All market data and forecasts are represented as a consumer expenditure in retailers which includes sales taxes (e.g. VAT) and figures presented are in nominal terms (i.e., without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2020 annual average exchange rates.

– The UK apparel retail market had total revenues of $41.3bn in 2020, representing a compound annual growth rate (CAGR) of -4.9% between 2016 and 2020.

– The womenswear segment was the market’s most lucrative in 2020, with total revenues of $23.6bn, equivalent to 57.2% of the market’s overall value.

– Pay later options like Klarna are incentivizing the purchase of fast fashion items by delaying payment by up to 30 days or spreading the cost over three months. This has further accelerated growth in the fast fashion segment, but could lead to a slowdown in spending in the long-term due to rising levels of debt encouraged by pay later platforms, particularly amongst young female consumers.

Scope

– Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the apparel retail market in the United Kingdom

– Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the apparel retail market in the United Kingdom

– Leading company profiles reveal details of key apparel retail market players’ global operations and financial performance

– Add weight to presentations and pitches by understanding the future growth prospects of the United Kingdom apparel retail market with five year forecasts

Reasons to buy

- What was the size of the United Kingdom apparel retail market by value in 2020?

- What will be the size of the United Kingdom apparel retail market in 2025?

- What factors are affecting the strength of competition in the United Kingdom apparel retail market?

- How has the market performed over the last five years?

- What are the main segments that make up the United Kingdom's apparel retail market?

Companies mentioned

Associated British Foods Plc

John Lewis plc

Boohoo Group Plc

JD Sports Fashion Plc

ASOS Plc

Marks and Spencer Group plc

Table of Contents

Table of Contents

1 Executive Summary

1.1. Market value

1.2. Market value forecast

1.3. Category segmentation

1.4. Geography segmentation

1.5. Market rivalry

1.6. Competitive Landscape

2 Market Overview

2.1. Market definition

2.2. Market analysis

3 Market Data

3.1. Market value

4 Market Segmentation

4.1. Category segmentation

4.2. Geography segmentation

4.3. Market distribution

5 Market Outlook

5.1. Market value forecast

6 Five Forces Analysis

6.1. Summary

6.2. Buyer power

6.3. Supplier power

6.4. New entrants

6.5. Threat of substitutes

6.6. Degree of rivalry

7 Competitive Landscape

7.1. Who are the leading players?

7.2. What strategies do leading players follow?

7.3. What challenges are leading players facing?

7.4. What trends have impacted leading players in the market?

8 Company Profiles

8.1. Associated British Foods Plc

8.2. John Lewis plc

8.3. Boohoo Group Plc

8.4. JD Sports Fashion Plc

8.5. ASOS Plc

8.6. Marks and Spencer Group plc

9 Macroeconomic Indicators

9.1. Country data

10 Appendix

10.1. Methodology

10.2. Industry associations

10.3. Related MarketLine research

10.4. About MarketLine

List of Tables

List of Tables

Table 1: United Kingdom apparel retail industry value: $ billion, 2016-20

Table 2: United Kingdom apparel retail industry category segmentation: $ billion, 2020

Table 3: United Kingdom apparel retail industry geography segmentation: $ billion, 2020

Table 4: United Kingdom apparel retail industry distribution: % share, by value, 2020

Table 5: United Kingdom apparel retail industry value forecast: $ billion, 2020-25

Table 6: Associated British Foods Plc: key facts

Table 7: Associated British Foods Plc: Annual Financial Ratios

Table 8: Associated British Foods Plc: Key Employees

Table 9: John Lewis plc: key facts

Table 10: John Lewis plc: Key Employees

Table 11: Boohoo Group Plc: key facts

Table 12: Boohoo Group Plc: Annual Financial Ratios

Table 13: Boohoo Group Plc: Key Employees

Table 14: JD Sports Fashion Plc: key facts

Table 15: JD Sports Fashion Plc: Annual Financial Ratios

Table 16: JD Sports Fashion Plc: Key Employees

Table 17: ASOS Plc: key facts

Table 18: ASOS Plc: Annual Financial Ratios

Table 19: ASOS Plc: Key Employees

Table 20: Marks and Spencer Group plc: key facts

Table 21: Marks and Spencer Group plc: Annual Financial Ratios

Table 22: Marks and Spencer Group plc: Key Employees

Table 23: United Kingdom size of population (million), 2016-20

Table 24: United Kingdom gdp (constant 2005 prices, $ billion), 2016-20

Table 25: United Kingdom gdp (current prices, $ billion), 2016-20

Table 26: United Kingdom inflation, 2016-20

Table 27: United Kingdom consumer price index (absolute), 2016-20

Table 28: United Kingdom exchange rate, 2016-20

List of Figures

List of Figures

Figure 1: United Kingdom apparel retail industry value: $ billion, 2016-20

Figure 2: United Kingdom apparel retail industry category segmentation: % share, by value, 2020

Figure 3: United Kingdom apparel retail industry geography segmentation: % share, by value, 2020

Figure 4: United Kingdom apparel retail industry distribution: % share, by value, 2020

Figure 5: United Kingdom apparel retail industry value forecast: $ billion, 2020-25

Figure 6: Forces driving competition in the apparel retail industry in the United Kingdom, 2020

Figure 7: Drivers of buyer power in the apparel retail industry in the United Kingdom, 2020

Figure 8: Drivers of supplier power in the apparel retail industry in the United Kingdom, 2020

Figure 9: Factors influencing the likelihood of new entrants in the apparel retail industry in the United Kingdom, 2020

Figure 10: Factors influencing the threat of substitutes in the apparel retail industry in the United Kingdom, 2020

Figure 11: Drivers of degree of rivalry in the apparel retail industry in the United Kingdom, 2020

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