UK Supermalls Market Forecast Report to 2028 - Growth in the UK Supermalls Market Slowed in 2023, Up 2.5% on the Previous Year to £11.26 billion, Following Two Years of Consecutive Double-Digit Growth


Dublin, Oct. 30, 2024 (GLOBE NEWSWIRE) -- The "Retail Locations Series: UK Supermalls Market 2023-2028" report has been added to ResearchAndMarkets.com's offering.

The UK Supermalls Market 2023-2028 report offers comprehensive insight and analysis of UK Supermalls (including forecasts up to 2028), 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 the 2024 UK How Britain Shops survey, using a panel of 10,000 nationally representative consumers.

Market Highlights

  • Growth in the UK supermalls market slowed in 2023, up 2.5% on the previous year to £11.26 billion, following two years of consecutive double-digit growth.
  • In the forecast period, we will continue to see more muted growth, making supermalls the slowest-growing location in the UK, with a five-year CAGR of 1.4% between 2023 and 2028, reaching a value of £12,078m.

Report Scope

  • Clothing & footwear retains its position as supermall's most established sector in 2023, accounting for over half of the supermalls market. However, this sector struggled in 2023 due to weak demand throughout the cost-of-living crisis, resulting in muted offline demand for clothing & footwear.
  • Health & beauty expansion has aided the location's growth in 2023 and 2024, with the arrival of Sephora and Space NK in supermalls driving demand as consumers shopped for brands unavailable elsewhere. Indeed, consumers have travelled to supermalls to visit Sephora's new stores, with the retailer's reputation for exclusive brands appealing to beauty shoppers.
  • The growing number of leisure options has also bolstered demand for supermalls, enabling consumers to shop and spend time with friends and family in one location.

Key Trends

  • Supermalls are leading the way in reimagining the future of retail
  • Changing tenant mix transforms sector composition of supermalls
  • Supermalls increasingly cater to Gen Z shoppers

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 visiting this location.
  • View forecasts for supermalls up to 2028, including which sectors are expected to prosper in the next five years.


Key Topics Covered:

  • UK SUPERMALLS MARKET 2023-2028
    • UK Supermalls Market, five year growth 2018 - 2028
    • UK Supermalls Market Size, 2018-2028
    • UK Supermalls Growth vs Total Retail Growth, 2018-2028
    • UK Supermalls Growth vs Offline Retail Growth, 2018-2028
    • UK Supermalls Share of Total Retail 2018, 2023 & 2028
  • SECTOR PERFORMANCE AND FORECASTS 2023-2028
    • Key Category Trends
    • UK Supermalls Sector Growth %, 2023-2028
    • UK Supermalls Market by Sector %, 2018, 2023 and 2028
    • UK Supermalls Market Sector Value and Forecast, 2023 & 2028
    • UK Supermalls Non-Food Growth vs Total Non-Food Retail Growth, 2018-2028
    • UK Supermalls Non-Food Growth vs Offline Non-Food Retail Growth, 2018-2028
    • UK Supermalls Non-Food Share of Total Non-Food Retail & Offline Non-Food Retail, 2018, 2023 & 2028
    • UK Supermalls Share of Overall Sector Sales, 2018, 2023 & 2028
  • COMPETITIVE LANDSCAPE
    • Top 10 Retailers Purchased from in Supermalls, 2023
  • CONSUMERS
    • Key consumer trends
    • UK Supermalls Visitor Penetration, 2023 & 2024
    • UK Supermalls Visitor Profile, 2023 & 2024
    • UK Supermalls Shopper Penetration, 2023 & 2024
    • UK Supermalls Shopper Profile, 2023 & 2024
    • Sectors visited & shopped in UK Supermalls, 2023 & 2024
    • UK Supermalls Purchased From, 2024
    • UK Supermalls Visitor Frequency, 2024
    • Supermalls Visit Drivers, 2024
    • UK Supermalls Preference Drivers, 2024
    • Services Used at Key Locations, 2024
    • UK Supermalls Services Usage, 2024
    • UK Supermalls Visitor Frequency, 2022-2024
    • Travel Time to Key Locations, 2022-2024
    • Travel Time to Supermalls, 2022-2024
    • Method of Travel to Key Locations, 2022-2024
    • Method of Travel to Supermalls, 2022-2024
    • Time Spent Retail Shopping, 2024
    • Time Spent in Supermalls, 2024
    • Sectors purchased at a Supermall on the last visit, 2024

Company Coverage:

  • Accessorize
  • Adidas
  • Apple
  • Argos
  • B&M
  • Bershka
  • Boots
  • Build-A-Bear
  • Card Factory
  • Claire's Accessories
  • Clintons
  • Currys
  • Flying Tiger Copenhagen
  • GAME
  • Goldsmiths
  • H&M
  • H&M Home
  • H. Samuel
  • HMV
  • Home Bargains
  • House of Fraser
  • Inditex
  • JD Sports
  • John Lewis & Partners
  • Lego Shop
  • Marks & Spencer
  • New Look
  • Next
  • Nike
  • Pandora
  • Poundland
  • Primark
  • Pull & Bear
  • Puma
  • Reserved
  • Robert Dyas
  • Savers
  • Sephora
  • Skechers
  • Smiggle
  • Smyths Toys
  • Space NK
  • Sports Direct
  • Superdrug
  • Swarovski
  • TAGHeuer
  • Tempur Mattresses
  • The Body Shop
  • The Entertainer
  • The Perfume Shop
  • The Range
  • The Works
  • Tiffany & Co.
  • TK Maxx
  • Tudor
  • Warren James
  • Watches of Switzerland
  • Waterstones
  • WH Smith
  • Zara

For more information about this report visit https://www.researchandmarkets.com/r/ln0nk8

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