Abstract
Overview
Introduction
Verdict Research: Rapid growth between 2002 and 2008 leave the electricals sector with tough comparatives over the next five years. In particular maturing specialists will struggle to gain share as non-specialists build their credentials in the sector, targetting the faster growing segments of the market.
Scope
- Value data, growth rates and forecasts broken down by sub sector
- Coverage of key market issues and growth drivers
- Electricals market expenditure, inflation and volume growth (1997-2007), plus full five-year forecasts for each of the key sub sectors categories
Highlights
The electricals market will see a significant slowdown in growth over the next five years with electricals specialists in particular set to struggle
A whole raft of competitors will put further pressure on specialists. These non-specialists will target the fastest growing electricals sub sectors
Desite a slowdown, there is still much to be positive about with many product trends pointing towards robust performances
Reasons to Purchase
- Plan confidently for the future with reliable independent forecasts for market growth and action points to guide strategies
- Optimise buying, identify emerging trends and allocate resources so that you can capitalise on them
- Incentivise managers to outperform by setting your growth forecasts against an independent source
Table of Contents
- CHAPTER 1 EXECUTIVE SUMMARY
- Key Findings
- Main Conclusions
- CHAPTER 2 FORECAST SUMMARY
- Expenditure Summary
- Specialists Summary
- CHAPTER 3 KEY MARKET ISSUES
- Overview
- Games Consoles & Software / Audio-visual to Drive Growth
- Blu-ray - HD-DVD Format War Resolves
- Digital Switchover
- Specialists Continue to Underperform
- Price Deflation Holds Back Market Severely
- Other Sector Trends
- Photographic & Optical Equipment
- Digital Convergence
- Satellite Navigation
- Laptops
- CHAPTER 4 ELECTRICALS SPECIALISTS OUTLOOK
- Retail Sales
- Sources of Sales Growth
- Share of Total Sales
- Store Numbers
- Space Growth
- Sales Densities
- CHAPTER 5 CHANNELS OF DISTRIBUTION
- Sales & Spending
- Forecast Changes for Major Sectors
- Electricals Market Shares
- CHAPTER 6 CATEGORY FORECASTS
- Expenditure Summary
- Expenditure Analysis
- Expenditure Growth
- Brown Goods
- Audio-visual Equipment
- Games Consoles and Software
- Photographic & Optical Equipment
- White Goods
- Major Household Appliances
- Minor Household Appliances
- Grey Goods
- Information Processing Equipment
- Telephones & Fax Equipment
- CHAPTER 7 UK ECONOMIC FORECASTS
- Key Messages
- Gross Domestic Product - GDP
- How does it affect retail?
- What' s happened?
- What will happen?
- Earnings Growth
- How does it affect retail?
- What' s happened?
- What will happen?
- Real Household Disposable Income
- How does it affect retail?
- What' s happened?
- What will happen?
- Employment
- How does it affect retail?
- What' s happened?
- What will happen?
- Inflation
- How does it affect retail?
- What' s happened?
- What will happen?
- Exchange Rates
- How do they affect retail?
- What' s happened?
- What will happen?
- Interest Rates
- How do they affect retail?
- What' s happened?
- What will happen?
- Savings Ratio
- How does it affect retail?
- What' s happened?
- What will happen?
- Consumer Debt
- How does it affect retail?
- What' s happened?
- What will happen?
- Equities
- How does it affect retail?
- What' s happened?
- What will happen?
- House Price Inflation
- How does it affect retail?
- What' s happened?
- What will happen?
- Housing Equity Withdrawal
- How does it affect retail?
- What' s happened?
- What will happen?
- Housing Transactions
- How does it affect retail?
- What' s happened?
- What will happen?
- CHAPTER 8 UK RETAILING FORECASTS
- Key Indicators
- Retail Expenditure 1997-2012
- Sales by Location 2007-2012
- Sources of Growth 1997-2012
- Store Numbers by Location 1997-2012
- Space by Location 1997-2012
- Sales Density by Location 1997-2012
- Average Store Size 1997-2012
- Average Store Sales 1997-2012
- Online Retail Spending
- CHAPTER 9 GLOSSARY
- Terminology
- Market Definition
- Location Definitions
- Town Centre
- Out-of-town
- Neighbourhood
- Non-store retail
- Forecasting Methodology
- Abbreviations
- List of Tables
- Table 1: Electricals expenditure summary 2002, 2007& 2012
- Table 2: Electricals specialists summary 2002, 2007 and 2012
- Table 3: UK electricals growth by sub sector 2002-07 and 2007-12
- Table 4: Timing of the digital switchover 2008-2012
- Table 5: Electricals specialists sales 1997-2012
- Table 6: Sources of growth for UK electricals specialists 1997-2012
- Table 7: Total selling space for electricals specialists 1997-2012
- Table 8: Electricals channels of distribution by retailer type 2006, 2007 and 2012
- Table 9: Electricals retailers market shares 2003-2008e
- Table 10: Electricals expenditure summary 1997, 2002,2007 & 2012
- Table 11: Brown goods expenditure analysis 2007-2012
- Table 12: White goods expenditure analysis 2007-2012
- Table 13: Grey goods expenditure analysis 2007-2012
- Table 14: Total electricals expenditure 1997-2012
- Table 15: Brown goods expenditure 1997-2012
- Table 16: Audio-visual equipment expenditure 1997-2012
- Table 17: Games consoles and software expenditure 1997-2012
- Table 18: Photographic & optical equipment expenditure 1997-2012
- Table 19: White goods expenditure 1997-2012
- Table 20: Major household appliances expenditure 1997-2012
- Table 21: Minor household appliances expenditure 1997-2012
- Table 22: Grey goods expenditure 1997-2012
- Table 23: Information processing equipment expenditure 1997-2012
- Table 24: Telephone & fax equipment expenditure 1997-2012
- Table 25: Economic drivers for retail 2008
- Table 26: Measures of inflation 2008
- Table 27: UK retailing forecasts summary 2007-2012
- Table 28: Forecast chronology 2008-2012
- Table 29: Total consumer retail expenditure 1997-2012
- Table 30: Sales by location 1997-2012
- Table 31: Total UK physical store sales & selling space 1997-2012
- Table 32: Sources of sales growth for physical stores 1997-2012
- Table 33: Store numbers 1997-2012
- Table 34: Space by location 1997-2012
- Table 35: Sales densities by location at current prices 1997-2012
- Table 36: Average store size by location 1997-2012
- Table 37: Average sales per store by location at current prices 1997-2012
- Table 38: Electricals market definition 2008
- List of Figures
- Figure 1: Electricals specialists sources of growth 1997-2007 and forecast to 2012
- Figure 2: Electricals market key issues 2007-2012
- Figure 3: Drivers and brakes on HD player growth 2007-2012
- Figure 4: Specialists vs non-specialists performance 2007-2012
- Figure 5: Forecast annual average inflation/deflation by electricals sub sector 2007-2012
- Figure 6: Electricals specialists sales as a % of total UK retail consumer spending 1997-2012
- Figure 7: Total electricals specialists store numbers(000) 1997-2012
- Figure 8: Space growth for electricals specialists 1997-2012
- Figure 9: Electricals specialists sales densities at current prices 1997-2012
- Figure 10: Electricals specialists sales densities at constant (2003) prices 1997-2012
- Figure 11: Electricals channels of distribution 2006,2007 & 2012
- Figure 12: Forecast changes in shares of major channels in the electricals market 2012 on 2007
- Figure 13: Key electricals retailers change in market share 2003-2008e
- Figure 14: Electricals expenditure as a % of total spending 1997-2012
- Figure 15: Electricals growth at constant (2003) prices 1997-2012
- Figure 16: Brown goods expenditure as a % of electricals spending 1997-2012
- Figure 17: Brown goods expenditure growth at constant(2003) prices 1997-2012
- Figure 18: Audio-visual equipment expenditure as a % of electricals spending 1997-2012
- Figure 19: Audio-visual equipment expenditure growth at constant (2003) prices 1997-2012
- Figure 20: Games consoles and software expenditure as a% of electricals spending 1997-2012
- Figure 21: Games consoles and software expenditure growth at constant (2003) prices 1997-2012
- Figure 22: Photographic & optical equipment expenditure as a % of electricals spending 1997-2012
- Figure 23: Photographic & optical equipment expenditure growth at constant (2003) prices 1997-2012
- Figure 24: White goods expenditure as a % of electricals spending 1997-2012
- Figure 25: White goods expenditure growth at constant(2003) prices 1997-2012
- Figure 26: Major household appliances expenditure as a %of electricals spending 1997-2012
- Figure 27: Major household appliances expenditure growth at constant (2003) prices 1997-2012
- Figure 28: Minor appliances expenditure as a % of electricals 1997-2012
- Figure 29: Minor household appliances expenditure growth at constant (2003) prices 1997-2012
- Figure 30: Grey goods expenditure as a % of electricals 1997-2012
- Figure 31: Grey goods expenditure growth at constant(2003) prices 1997-2012
- Figure 32: Information processing equipment expenditure as a % of electricals spending 1997-2012
- Figure 33: Information processing equipment expenditure growth at constant (2003) prices 1997-2012
- Figure 34: Telephone & fax equipment expenditure as a % of electricals spending 1997-2012
- Figure 35: Telephone & fax equipment expenditure growth at constant (2003) prices 1997-2012
- Figure 36: Real gross domestic product (GDP) at constant(2003) prices 1997-2007 and forecast to 2012
- Figure 37: Inflation vs average earnings growth 1997-2007 and forecast to 2012
- Figure 38: Tax & Prices vs Average Earnings 1997-2007 and forecast to 2012
- Figure 39: Real household disposable income at constant(2003) prices 1997-2007 and forecast to 2012
- Figure 40: UK employment 1997-2007 and forecast to 2012
- Figure 41: UK employment 1997-2007 and forecast to 2012
- Figure 42: Inflation rates Y-o-Y 1997-2007 and forecast to 2012
- Figure 43: Sterling, dollar and euro exchange rates 1997-2007 and forecast to 2012
- Figure 44: UK average base rates 1997-2007 and forecast by quarter for 2008
- Figure 45: UK average base rates 1997-2007 and forecast to 2012
- Figure 46: Savings ratio 1997-2007 and forecast to 2012
- Figure 47: Growth in consumer debt 1997-2007 and forecast to 2012
- Figure 48: FTSE 100 Index 1997-2007 and forecast to 2012
- Figure 49: UK house price inflation 1997-2007 and forecast to 2012
- Figure 50: Housing Equity Withdrawal (England &Wales) 1996-2007 and forecast to 2012
- Figure 51: Housing transactions (England & Wales)1997-2007 and forecast to 2012
- Figure 52: Retail spending value, volume and inflation/deflation trends 1997-2007 and forecast to 2012
- Figure 53: Retail spending as percentage of total consumer spending 1997-2007 and forecast to 2012
- Figure 54: Consumer, retail and non-retail spending trends % 1997-2007 and forecast to 2012
- Figure 55: Retail sales by location 2007 and 2012
- Figure 56: Share of turnover by location 1997, 2002,2007 & 2012
- Figure 57: % share of store numbers by location 1997,2002, 2007 & 2012
- Figure 58: % share of space by location 1997, 2002, 2007& 2012
- Figure 59: Online retail spending 1997-2012
- Figure 60: Verdict forecasting methodology 2008
