Over the Next Five Year Sales in the UK Own Brands Market are Expected to be Over the Rate of Inflation.DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c40164) has announced the addition of Own Brands Market Report 2006 to their offering. This report covers the UK market for own-brand products. In particular, it focuses on own brands in the following sectors: groceries; over-the-counter (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). ) medicines; do-it-yourself (DIY DIY abbr. do-it-yourself DIY or d.i.y. Brit, Austral & NZ do-it-yourself DIY abbr DIY do it yourself a DIY shop/job. ) products; and clothing and footwear. We estimate that the total value of own-brand sales in 2005 was GBP GBP In currencies, this is the abbreviation for the British Pound. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 69.1bn at retail selling prices. Sales have increased by a total of 17.3% since 2001. In addition to a general rise in UK retail sales, the growth in this market reflects the increasing range of own-brand products available. Growth rates Growth Rates The compounded annualized rate of growth of a company's revenues, earnings, dividends, or other figures. Notes: Remember, historically high growth rates don't always mean a high rate of growth looking into the future. accelerated between 2001 and 2005, as own-brand products expanded their presence across markets -- moving from their original status as low-priced, value-for-money items into the premium and lifestyle arenas. Retailers are focusing on developing premium food products that directly address consumer concerns about the provenance prov·e·nance n. 1. Place of origin; derivation. 2. Proof of authenticity or of past ownership. Used of art works and antiques. of the food that they eat, as well as responding to growing consumer interest in healthy eating. The grocery market is the largest sector of the own-brands market, and is primarily composed of three major segments: foodstuffs foodstuffs npl → comestibles mpl foodstuffs npl → denrées fpl alimentaires foodstuffs food npl → ; beverages; and household goods. The UK's major supermarkets, along with a number of major private-label retailers, supply a wide range of food, beverages and additional non-food own-brand items. The rise of own-label products -- one of the most striking retail success stories of the last decade -- is also being seen in many other sectors. In clothing, for example, flagship own-label brands such as ASDA's George clothing and Tesco's Value range are having a dramatic effect, with the two supermarket giants emerging among the top three clothing retailers in the country (from virtually a standing start a decade ago). The increasingly concentrated nature of the retail market is one of the main factors supporting the rise of own-label products. Retailers have growing bargaining power as the market becomes more concentrated, and have the confidence to invest in establishing their own brands (which offer greater margins than can be obtained from selling non-retailer brands). The growth of high-quality own brands, such as Tesco's Finest and Sainsbury's Taste the Difference, is likely to further increase pressure on suppliers of non-retailer-branded goods. The outlook for own brands appears bright. Sales are likely to expand at well above the rate of inflation over the next 5 years, driven by factors such as the growing penetration of supermarkets into non-food sectors (including clothing, electronics, health and beauty and OTC medicines). Meanwhile, the range of own-brand goods available in DIY outlets is also likely to expand, as firms such as B&Q devote ever-increasing shelf space to own brands in the pursuit of profits growth. The increasing acceptance among consumers of own brands also suggests that the drive of private-label products into premium and lifestyle sectors of the grocery market will continue. Topics Covered Executive Summary 1. Market Definition 2. Market Size 3. Industry Background 4. Competitor Analysis Competitor analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors. Created by Michael Porter competitor analysis focuses on four key aspects: competitor's objectives, competitor's assumptions, 5. Strengths, Weaknesses, Opportunities and Threats 6. Buying Behaviour 7. Current Issues 8. The Global Market 9. Forecasts 10. Company Profiles 11. Consumer Confidence Companies Mentioned - Aldi Stores Ltd - Arcadia Group The Arcadia Group is a British company that owns several of the most well-known high street clothing retailers in the UK. These include Topshop, Topman, Miss Selfridge, Burton, Evans, Dorothy Perkins, Wallis and Outfit. Ltd - Asda Group LTd - Boots Group
The Boots Company PLC known as Boots and financially branded Boots The Chemists Plc - John Lewis Partnership Plc - Kingfisher Plc Kingfisher plc is a UK-based international retailer, which has owned a wide variety of retail chains in its history but is now focused on the DIY business. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index. - Marks And Spencer Plc - New Look Group Ltd - Next Plc - Primark Stores Ltd - Tesco Plc For more information visit http://www.researchandmarkets.com/reports/c40164 |
|
||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion