Abstract
Introduction
UK Retail Futures 2013: Homewares provides comprehensive insight into sector
related issues such as inflation, space expansion and the changing patterns of
consumer demand. It combines this with a host of economic, social and
political factors to derive thorough sector forecasts over the next five years.
Scope of this research
- Market expenditure, inflation and volume growth forecast to 2013 as well
as data from the last ten years.
- Comprehensive analysis covering inflation, volume, and sales growth for
nine homewares sub categories.
- Channels of distribution analysis 2008, 2009 and 2013 covering homewares
specialists and non-specialists.
- Comprehensive analysis of the key issues set to impact the homewares
market over the next five years.
Research and analysis highlights
With the collapse of several major homewares retailers in 2008, homewares
spend has become fragmented and distributed across the market. However, from
2009 it will be the larger players which absorb the majority of the extra
capacity. Smaller retailers will continue to exit the market, unable to cope
with the torrid conditions.
Grocers are set to be big winners in homewares. Their convenience, value
credentials and growing homewares ranges will appeal to shoppers seeking value
during the recession. Sainsbury and Morrison continue to expand their offers,
while Tesco and Asda have boosted sales through extra space and their
multichannel ' Direct' offers.
2009 will see inflation return to the homewares market, reaching its highest
level in more than 10 years. Retailers will be forced to raise prices in an
effort to protect margins as demand falls and costs particularly import costs,
spiral. The heavy discounting of 2008 will ease considerably.
Key reasons to purchase this research
- Plan for the future using this report to develop strategies that will
enable you to compete effectively against rivals in tougher market conditions.
- Enhance your understanding of key issues, trends, and dynamics in the
market, providing a valuable tool to help steer through turbulent times ahead.
- See how homewares categories and sales channels are expected to perform
over the next five years.
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