UK Online Marketplace Retailing 2019 – 2024 | Overview, Price, Industry Trends and Analysis

Albany, USA, 2019-Nov-01 — /EPR Network/ —

Market Research Hub (MRH) has actively uploaded a smart research report titled “Retail Channel Series: UK Online Marketplace Retailing 2019 – 2024”, to its broad online database. The primary motive of this study is to impart vital details associated to development of the UK Online Marketplace Retailing. The assessment includes brief knowledge about market size, Y-o-Y growth, market dynamics and competitive scenario expected to transform in the near future. Ever section of the report contains imperative market data that can prove useful for new entrants and industry players to draw crucial tactics.

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Retail Channel Series: UK Online Marketplace Retailing 2019 – 2024

Summary

The UK Online Marketplace Retailing 2019-2024 report forms part of GlobalData’s Retail Channel series, and offers a comprehensive insight into the UK online marketplace market, the main trends and hot issues, key players, consumer attitudes and shopping behaviour.

Online marketplaces have become increasingly popular shopping destinations in recent years, primarily thanks to wide product catalogues and shoppers perceiving marketplaces as offering low prices.

General merchandisers, Amazon and eBay, dominate the online marketplaces channel, and are forecast to account for 92.5% of spend in 2019.

Scope

– Spend via online marketplaces is forecast to reach 26.2bn in 2019 and rise 13.1bn over the next five years, with both brand new and second hand products appealing to consumers.
– Clothing & footwear is the most popular sector shopped on marketplaces, driven in particular by the changing shopping habits of young consumers and the presence of marketplaces selling predominantly clothing & footwear.
– Spend is dominated by brand new products sold by retailers or independent sellers and despite sustainability becoming more of a concern for consumers, spend on brand new items will rise at a faster pace than spend on second hand products over the next five years.

Reasons to buy

– Utilise our five year forecasts to 2024 for the UK online marketplace market, broken down by sector and by brand new and second hand products to understand the main areas of growth.
– Identify the key players in the online marketplace market using our in-depth analysis to learn how to appeal to consumers.
– Understand the key drivers and inhibitors affecting online marketplace retailing to maximise sales potential, such as the appeal of marketplaces for independent retailers.

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Table of Contents
Contents
The hot issues
Drivers and inhibitors
Main issues
Rise of clothing & footwear resale will boost spend
Cannibalisation can be avoided if retailers’ sites impress
Data-rich marketplaces have a huge advantage
Existing platforms can be used to build marketplaces
WHAT PEOPLE BUY
What is included
Headlines
Overall online marketplaces
Size of the channel
Growth rates
Share of channel by spend type
Spend split by sector and spend type
Brand new products bought via online marketplaces
Size of the channel
Share of total retail spend
Share of online retail spend
Spend split by sector and share of total sector and sector online
Online marketplaces’ share of total sector and sector online
Second hand products bought via online marketplaces
Size of the channel
Spend on second hand products via online marketplaces, split by sector, 2019e
WHO PEOPLE SHOP WITH
Online marketplaces: key metrics
Top 10 online marketplaces’ share of overall online marketplace spend
Top 10 online marketplaces, split by spend type
Top 10 online marketplace retailers visited
Top 10 online marketplace retailers purchased from

To be continue#@

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