The GlobalData Retail Channel Series: UK Online Retailing 2024-2029 report offers comprehensive insight and analysis of the online channel in the UK, the main trends and hot issues, major players and consumer shopping behaviour. It also provides forecasts to 2029 across key retail sectors.
In 2024, the UK online retail market saw notable growth, reflecting a steady performance but a slower pace compared to the previous five years. This suggests that the online sector is set to continue its upward trajectory, likely surpassing the overall retail market growth in the coming years. Key sectors and the rising appeal of marketplace formats are expected to contribute significantly to this growth, particularly in areas such as clothing and footwear.
Key Highlights
- The online health and beauty market is anticipated to experience substantial growth in 2025, contributing significantly to the overall expansion of the online market out to 2029.
- Tesco saw a significant increase in market share from 2023 to 2024. With a robust online presence across multiple sectors, the retailer is emerging as a formidable omnichannel competitor in the online market.
- The online food & grocery sector is also poised for significant growth between 2024 and 2029. This growth will be driven by consumers opting to shop online to manage budgets, investments by grocers and broader ranges.
Scope
- The UK Online Retailing report provides a comprehensive analysis and forecast of the online channel, offering insights into consumer behaviour, economic factors affecting the channel and retailer performance. This report aims to serve as a valuable resource for retail businesses, investors, policymakers, and other stakeholders interested in the future of the online market in the UK.
Reasons to Buy
- Use our in-depth consumer and market insight to learn about the growth of different sectors online and the issues affecting the online market to ensure you capitalise on high growth areas such as click & collect and third-party pickup in a given sector.
- Understand why and how consumers shop online for different products to capitalise on the growth in the online market.
- Understand which retailers have the most popular online propositions in each sector, enabling you to better compete with market leading players and enhance your own online propositions.