UK Online Retail Market is Driven by Surge in Total Number of Retail Websites Coupled with Growth in the Online Payment Platforms: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit “Growing digital penetration as well as technological innovation in the country has led to heavy closure of high street retail shops within UK”. Changing Consumer Trends: It was observed that UK retailers are increasingly turn-ing online mode by either opening their own website portal or listing their products on 3rd party websites. As a result, it led to closure / exit of numerous shops / offline stores and showrooms present in the high street. The companies have instead started focusing on creating mobile optimized websites owing to growing penetration of smart phones in the country. These companies are competing on the basis of personalized experience and social engagement. Blending of Online and Physical Model: ROPO i.e. Research Online, Purchase Offline has been witnessed as the growing trend in UK retail industry where both online and physical market place combines together with consumer behavior. In this model, the customer visits the online platform of the company or the stores landing page to search about the product features, prices and other details and made the purchase through physical store in order to avoid shipping cost and delays. This facilitates the customer to have wider options & competitive pricing along with physical quality verification. Rising Smartphone Penetration: In accordance with WeAreSocial Statistical Database, UK was evaluated with total of 45.0 million active social media users therefore, making a social media penetration of 67.0% and 71.7 million mobile subscription users as of January 2019. The increasing usage of internet via Smartphone has surged the growth of E-commerce industry in the country owing to the convenience and ease of accessing the websites from anywhere along with high internet speed of around 27.55 Mbps and increasing number of mobile optimized websites in UK thus, creating a positive impact on the country’s online retail sector. Growth in Youth Population of UK: Millennial and young population is the major end user of digital platforms in UK. The increasing number of young online shoppers and solo travelers has majorly contributed towards growing consumption of online video and music streaming services and online travel market in UK. The youth population of UK is increasing with a CAGR of 0.7% during 2013-2018 thus, evaluated at 27.5 million in the year 2018. The well developed digital infrastructure and increasing penetration of internet in the country with 46.2 million users and 95% penetration rate in led to growth of E-commerce industry in the country. Analysts at Ken Research in their latest publication “UK Online Retail Market Outlook to 2025 – By Product Categories (Apparel and Footwear, Food and Drink, Media Products, Consumer Electronics and Others), By Desktop and Mobile Mode, By Gender (Male and Female) and By Mode of Payment (Debit+Credit Card, Net Banking and Cash on Delivery)” observed that the online retail segment in UK is at a growing stage and it will further witness growth owing to factors such as rising digital advertising spent, surge in number of websites on desktop and mobile and increasing penetration of smart phones across the country. UK online retail market is expected to register a positive CAGR of 6.5% in terms of gross merchandise value during the forecast period 2018-2025. Key Segments Covered:- By Product Category Type (Apparel and Footwear, Beauty and Personal Care, Consumer Appliance, Consumer Electronics, Consumer Health, Food and Drink, Home Care, Home Improvement & Gardening, Homewares/Home Furnishings, Media Products, Personal Accessories and Eyewear, Pet Care, Traditional Toys and Games, Video Games Hardware and Other Internet Retailing) By Type of Device (Mobile and Desktop) By Gender (Female and Male) By Mode of Payment (Cash on Delivery, Debit + Credit Card and Net Banking and M-Wallets) Key Target Audience:- Online Retail Companies Third Party Websites of Online Retail Time Period Captured in the Report:- Historical Period: 2013-2018 Forecast Period: 2018-2025F Companies Covered:- Amazon.com Inc eBay Inc Tesco Plc J Sainsbury Plc John Lewis Partnership Plc For More Information on the research report, refer to below links:- UK Online Retail Market Related Reports:- US Online Advertising Market Outlook To 2025- By Medium (Mobile And Desktop), By Type (Search, Social Media, Display, Video, Audio And Others), By Sectors (Retail, Automotive, Financial Services, Telecommunications, Leisure Travel, Consumer Packaged Goods, Electronics & Computers, Pharmaceuticals/Healthcare, Media, Entertainment And Others), By Pricing Models (Performance, Cost Per Mile And Hybrid) And By Ad Buyers (Direct And Agencies) Singapore Online Advertising Market Outlook To 2023 – By Type (Search Ads, Social Media Ads, Video Ads, Banner Ads, Online Classifieds And Others), By Type Medium (Desktop, Mobile), By Sectors (FMCG, Entertainment & Media, BFSI, Automotive, Retail, Healthcare And Others) And By Models (Cost Per Click, Cost Per Mile And Cost Per Action) Oman Online Advertising Market Outlook To 2023 – By Medium (Desktop And Mobile), By Type (Search Advertising, Social Media Advertising, Banner Advertising, Video Advertising, Online Classifieds), By Sectors (Hospitality & Tourism, FMCG, BFSI, Telecommunications, Healthcare, Automotive, Retail And Others) And By Model (Cost Per Mile, Cost Per Click And Cost Per Action) Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: Amazon.com Online Retail Market Revenue, Average Annual Growth of Online Retail Sales UK, Britischer Online-Einzelhandelsmarkt, Britse online retailmarkt, Britský online maloobchodní trh, Digital Retail Market in UK, eBay Online Retail Market Shares, Egyesült Királyság online kiskereskedelmi piaca, Evaluation Study UK Online Retail Market, Evaluation Summary Report UK Online Retail Market, Evaluative Survey UK Online Retail Market, Female driven Online Shopping Categories UK, Industry Research Report Of UK Online Retail, Ison-Britannian online-vähittäismarkkinat, J Sainsbury Online Retail Market Revenue, John Lewis Partnership Online Retail Market Shares, Major NBO Companies UK Online Retail Market, Major Technology in UK Online Retail Market, Male driven Online Shopping Categories UK, Marché de détail 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