A meteoric rise in online shopping is expected to send courier and delivery sales soaring this year, as latest research from Mintel estimates the market will achieve annual growth of 23% in 2020, the biggest annual increase since 2015, when the growth rate was 17%.
Mintel, the experts in what consumers want and why, has today released new research analyzing the current economic environment compared to that of the Great Recession, including insight on the economic indicators that will play a role in predicting consumer spending in the months and years ahead. While the…
The latest research from Mintel* reveals the online grocery market is forecast to grow by 33% in 2020 to reach an estimated value of £16.8 billion, up from £12.7 billion in 2019. This phenomenal rise follows four consecutive years of slowing growth: in 2019 growth fell to…
Savvy young Brits are buying, selling, mending, swapping and renting their clothes, according to the latest research from Mintel. ‘Thrifting’ is the way forward among young British fashion shoppers, as Mintel research shows that in the last year alone over half (52%) of those aged 25-34 bought…
Despite a particularly tough year, Mintel forecasts some Christmas cheer for Britain’s retailers. Latest research predicts that December’s retail sales will reach £48.7 billion, growing a respectable 3.8% compared to last December when sales hit £46.9 billion. Sales through non-food retailers this December are expected to reach £23.9 billion (including…
Are the long lines and limited sales of Black Friday and Cyber Monday finally turning frenzied consumers away? While 37% of unimpressed US shoppers say they can get a good deal at any time of the year, nearly the same percentage wait for the thrill of post-Thanksgiving shopping.
The vibrant growth of the convenience store sector has been driven by rising urbanisation and newly emerging consumer lifestyles, and is expected to maintain this momentum in the years to come. Indeed, latest research from the world’s leading market intelligence agency Mintel reveals that the convenience store…
With the winner of this year’s Booker Prize announced later today (Monday 14th October), the latest research from Mintel highlights the nation’s love of the physical book, as the number of Brits buying a print book increased from 51% in 2018* to 56% in 2019**. Overall, the top three reasons…
With China undergoing an industrial transformation, shifting from a primarily manufacturing economy toward a more service- and creative-centric one, Chinese consumers are paying more attention to cultural and leisure lifestyles. In fact, it seems Chinese consumers are now more encouraged to visit cultural and creative venues as…
Sending the kids back to school is proving to be an increasingly costly affair for Britain’s parents, as the latest research from Mintel estimates that the back-to-school market was worth £1.16 billion in 2018. This is an increase of 36% on the previous year when it was worth £855 million.
Brits’ love of online shopping* is sending the courier and express delivery market** into double digit growth, according to latest research from Mintel. Last year, courier and express delivery sales increased a spectacular 12% to reach £12.6 billion, thereby completing growth of 62% since 2014. Meanwhile, volume sales increased by…
Brits continue to shop with the click of a button, as according to the latest research from Mintel, last year sales of online groceries in the UK hit £12.3 billion, up 9% from 2017. One of the fastest growing channels in the UK grocery market, the online grocery sector is…
