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United Kingdom (UK) Retail Parks Channel to 2025 - Consumer and Market Dynamics

DESCRIPTION

TABLE OF CONTENTS

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DESCRIPTION

United Kingdom (UK) Retail Parks Channel to 2025 - Consumer and Market Dynamics

United Kingdom (UK) Retail Parks Channel to 2025 - Consumer and Market Dynamics report forms part of Retail Channels series, and offers a comprehensive insight into the consumer and market dynamics of the retail parks channel. The report analyses the market, which retailer consumers visit, consumer shopping habits and consumer attitudes of the location.

The overall UK retail parks market is forecast to decline by 4.6% in 2020, the best performing key location as total offline spend falls by 12.9% due to the impacts of COVID-19.

Spend in retail parks is set to increase by 8.3% out to 2025, though the decline in the market in 2020 and subsequent rebound in 2021 masks slowing growth in the location.

Scope

- The sector mix in retail parks is expected to change drastically in 2020 due to the impacts of COVID-19 that leads to the outperformance of food & grocery, DIY & gardening and homewares.
- 32.3% of consumers said that they have visited retail parks at least once a week since March, compared to 27.4% in the 12 months before March, with consumers turning to the location for their shopping, attracted by a safer experience than that in town centres and supermalls.
- Food & grocery is the most shopped sector at retail parks, with 67.9% and 65.8% of visitors browsing and purchasing respectively, with the grocers consistently in the top 10 retailers visited across all sectors.

Reasons to Buy

- Use our in-depth consumer and market insight to learn about the growth of the retail parks location over the next five years, and understand why the location is forecast to have outperformed other locations in 2020.
- Understand which consumers are more likely to shop at retail parks at which retailers to help attract more shoppers to retail parks.

TABLE OF CONTENTS

Summary
WHAT PEOPLE BUY
Headlines
Definition
Overall channel size
Overall channel growth
Share of retail
Sector summary
Spend per head
RETAILERS VISITED
Retailers visited: Clothing
Retailers visited: DIY
Retailers visited: Electricals
Retailers visited: Food & grocery
Retailers visited: Footwear
Retailers visited: Furniture & floorcoverings
Retailers visited: Gardening
Retailers visited: Health & beauty
Retailers visited: Homewares
THE CONSUMER
Headlines
Who visits
Who visits: penetration
Who visits: profile
Who visits: frequent visitor penetration
The shopper journey
Sectors visited and purchased
Shopping habits
The shopper journey
Retail versus leisure
Shopper motivations
COVID-19 shopping behaviour
METHODOLOGY
What is included

List Of Tables

Overall retail parks: sector penetration, 2019, 2020e and 2025e
Overall retail parks: share of overall sector sales, 2019, 2020e and 2025e
Overall retail parks: share of offline sector sales, 2019, 2020e and 2025e
Sectors visited and purchased in retail parks and conversion, 2020

List Of Figures

Overall retail parks: size of the channel, 2019 - 2025e
Overall retail parks: growth rates versus total retail sales, 2019 - 2025e
Overall retail parks: non-food growth rates versus non-food total retail sales, 2019 - 2025e
Overall retail parks: growth rates versus total offline retail sales, 2019 - 2025e
Overall retail parks: non-food growth rates versus offline non-food retail sales, 2019 - 2025e
Retail parks share of total retail and offline retail, 2019, 2020e and 2025e
Non-food in retail parks share of non-food total retail and non-food offline retail, 2019, 2020e and 2025e
Retail parks sector penetration, 2020e
Overall retail parks: sector penetration, 2019, 2020e and 2025e
Sector growth 2020e - 2025e
Overall retail parks: average annual spend per head, 2019 - 2025e
Top 10 clothing retailers visited in retail parks, 2020
Top 10 DIY retailers visited in retail parks, 2020
Top 10 electricals retailers visited in retail parks, 2020
Top 10 food & grocery retailers visited in retail parks, 2020
Top 10 footwear retailers visited in retail parks, 2020
Top 10 furniture & floorcoverings retailers visited in retail parks, 2020
Top 10 gardening retailers visited in retail parks, 2020
Top 10 health & beauty retailers visited in retail parks, 2020
Top 10 homewares retailers visited in retail parks, 2020
Penetration of consumers who visited a retail park in the past 12 months, overall and by demographic, 2020
Penetration of consumers who visited a retail park in the past 12 months, overall and by demographic, 2019
Profile of a retail park visitor, by demographic, 2020
Profile of a retail park visitor, by demographic, 2019
Penetration of frequent retail park visitors, overall and by demographic, 2020
Frequency of visits to key locations, 2020
Travel time to key locations, 2020
Method of travel to retail parks, 2020
Retail and leisure facilities used in retail parks and average time spent on each activity, 2020
Leisure facilities used in retail parks, 2020
Time spent in retail parks and percentage of visitors who used leisure facilities, 2020
Reasons for preferring retail parks over other shopping locations, 2020 and ppt change versus 2019
Retail park visitor preferences, 2020
Retail park visitor preferences, 2020 by demographic
Reasons for not visiting retail parks, 2020
Reasons for not purchasing in a retail park, 2020 and ppt change versus 2019
Which locations consumers have visited and purchased from since the start of lockdown in March
How often consumers have visited key locations since the start of the lockdown in March
Which sectors retail park visitors have visited and purchased since the start of lockdown in March
Whether retail park visitors are visiting the location more or less compared to before the COVID-19 crisis
Whether retail park visitors are spending more or less at the location compared to before the COVID-19 crisis
Drivers of visiting a retail park since the start of lockdown in March
Agreement to statements about visiting retail parks considering the impacts of COVID-19

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