United Kingdom (UK) Supermalls Market Size, Trends, Categories, Consumer Attitudes and Key Players to 2027

United Kingdom (UK) Supermalls Market Size, Trends, Categories, Consumer Attitudes and Key Players to 2027
Summary

The UK Supermalls Market 2022-2027 report offers comprehensive insight and analysis of UK Supermalls (including forecasts up to 2027), the key retailers, and consumer attitudes. It provides in-depth analysis of the following:- the market size and forecasts, sector performance and forecasts, retailer usage across different sectors, and consumer data. The report focuses on 7 key sectors: clothing & footwear, electricals, furniture & floorcoverings, health & beauty, homewares, and other. Consumer data is based on our 2023 UK How Britain Shops survey, using a panel of 10,000 nationally representative consumers.

The UK supermalls market is forecast to grow at a CAGR of 1.7% between 2022 and 2027. Though this market had been stagnating before the pandemic, with flatter growth and declines in the period leading up to the COVID-19 pandemic, the supermalls market has been boosted by recovering footfall and demand.

ScopeClothing & footwear continues to be a dominant sector in the UK supermalls market, with sales up over 10% between 2022 and 2027. As many supermall locations are heavily saturated with clothing & footwear retailers, this sector is key in driving growth in the market with these retailers achieving robust growth in 2022 and into 2023.Electricals has the lowest projected growth in the forecast period, up 1% between 2022 and 2027. This is due in part to the offline electricals market being forecast to remain relatively flat in the coming years, with growth in the overall market being driven by the online channel.Though consumers have been visiting supermalls less often in 2023, down on 2022, the time spent in supermalls has increased on the previous year.Reasons to Buy

Identify the key retailers used by consumers to purchase products across various sectors.

Understand the key drivers behind consumers visiting supermalls, and the services used in this location.

Use our in-depth analysis of the challenges faced by the supermalls market, and what existing retailers must to do keep consumers visitng this location.

View our forecasts for supermalls up to 2027, including which sectors are expected to prosper in the next five years.