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
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
- 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
- Top 10 Retailers Purchased from in Supermalls, 2023
- 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
About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
CONTACT: CONTACT: Laura Wood,Senior Press Manager ... For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.

Comments
No comment