Footwear Retail in the United Kingdom
SummaryFootwear Retail in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The footwear market consists of the total revenues generated through the sale of all types of men's, women's and children's shoes. It includes all footwear categories for men, women, boys and girls, but excludes sports-specific footwear. All market data and forecasts are represented 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 2021 annual average exchange rates.
- The UK footwear market had total revenues of $10,433.9 million in 2021, representing a negative compound annual rate of change (CARC) of 2.1% between 2016 and 2021.
- Clothing, footwear and accessories specialists account for the largest proportion of sales in the UK footwear market in 2021, sales through this channel generated $4,804.6 million, equivalent to 46% of the market's overall value.
- The COVID-19 pandemic had a significant impact on the country’s footwear retail market. The sudden spike in the unemployment rate to 4.6% in 2020 as compared to 3.8% in 2019, resulted in the fall in the consumers income level, which in turn led to fall in consumer expenditure.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the footwear retail market in the United Kingdom
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the footwear retail market in the United Kingdom
- Leading company profiles reveal details of key footwear retail market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the United Kingdom footwear retail market with five year forecasts
Reasons To Buy
- What was the size of the United Kingdom footwear retail market by value in 2021?
- What will be the size of the United Kingdom footwear retail market in 2026?
- What factors are affecting the strength of competition in the United Kingdom footwear retail market?
- How has the market performed over the last five years?
- What are the main segments that make up the United Kingdom's footwear retail market?
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