UK Retail Futures 2012: DIY & Gardening

Publication Date	May 2008
Publisher	Verdict
Product Type	Report
Pages	150
ISBN Number	not applicable
Product Code	VDT00321

Price

£2,110.00
approximately: $3,146 | €2,514

PDF

PRINT £2,160 ($3,221 | €2,573)

Order above formats by FAX

Summary

Introduction

Verdict Research: For many years one of the fastest growing retail sectors, DIY & Gardening is now especially exposed to consumer belt tightening in response to the squeeze on disposable income, the reduced availability of credit and the housing market downturn. With demand weak, the impetus is falling more heavily than ever on retailers to drive sales growth themselves.

Scope

Five year forecasts to 2012 for DIY & gardening market expenditure, inflation and volume growth with 10 year historic data.
In depth analysis of key market issues that will shape demand and retailer responses over the next five years.
Forecasts and historic data for DIY specialists sales, market shares and analysis of main channels of distribution.
Comprehensive category analysis covering inflation, volume and sales growth for DIY and gardening. Further segmental analysis for 12 sub categories.

Highlights

The DIY & gardening market will struggle to grow in the short term as key drivers that have powered it in recent years go into reverse. A falling housing market (both by value of housing and number of home moves) is a serious concern, as are new restrictions on the availability of credit.
In hostile market conditions, the economics of further store openings are harder to justify. Instead of the land grab associated with the boom of the late 1990s and early 2000s, DIY specialists have become more conservative about opening new stores and placed increasing attention on driving like-for-like sales and using space more efficiently.
Grocers will achieve the largest gain in market share over the forecast period. A key factor here is the development of DIY ranges by the leading players. DIY has until recently been one of the lower priority sectors for grocers, but as their non-food space has increased it has become an obvious area for them to develop.

Reasons to Purchase

Use this report to plan strategies that will help capitalise on opportunities and compete effectively against rivals in a highly challenging market
Enhance your understanding of key issues, trends and dynamics that will impact your business over the next five years.
Detailed category forecasts allow you to quantify opportunities in fast growing categories and avoid over-investment in weaker segments.

Content

Chapter 1 Executive Summary
- Key Findings
- Main Conclusions
Chapter 2 Forecast Summary
- Expenditure Summary
Chapter 3 Key Market Issues
- Overview
- Deteriorating Macroeconomic Outlook
- Professionalisation of Home Improvement Work
- Cautious Approach to Space Development
- Grocers Target DIY
- Multichannel Development
- Strengthening Retail Proposition
- Building Customer Loyalty
- Enhancing Service
- Store Refurbishments
- Product and Range Development
- Opportunities in Gardening
Chapter 4 Diy Specialists Forecasts
- 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 Channels
- Market Shares
Chapter 6 Category Forecasts
- Expenditure Summary
- Principal Components
- Expenditure Analysis
- Expenditure Growth
- DIY
- Gardening
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: DIY & gardening expenditure summary 1997, 2002, 2007 and 2012
- Table 2: DIY specialists summary 2002, 2007 and 2012
- Table 3: Major DIY specialist store opening plans 2002-2012
- Table 4: DIY specialists sales 1997-2012
- Table 5: Sources of growth for UK DIY specialists 1997-2012
- Table 6: Total selling space for DIY specialists 1997-2012
- Table 7: Leading retailers market share of DIY & gardening expenditure 2002-2008e
- Table 8: DIY expenditure - principal components 2006, 2007 and 2012
- Table 9: DIY expenditure - principal components change and shares 2006, 2007 and 2012
- Table 10: Gardening expenditure - principal components 2006, 2007 and 2012
- Table 11: Gardening expenditure - principal components change and shares 2006, 2007 and 2012
- Table 12: DIY expenditure analysis 2007-2012
- Table 13: Gardening expenditure analysis 2007-2012
- Table 14: Total DIY & gardening expenditure 1997-2012
- Table 15: DIY expenditure 1997-2012
- Table 16: Gardening expenditure 1997-2012
- Table 17: Economic drivers for retail 2008
- Table 18: Measures of inflation 2008
- Table 19: UK retailing forecasts summary 2007-2012
- Table 20: Forecast chronology 2008-2012
- Table 21: Total consumer retail expenditure 1997-2012
- Table 22: Sales by location 1997-2012
- Table 23: Total UK physical store sales & selling space 1997-2012
- Table 24: Sources of sales growth for physical stores 1997-2012
- Table 25: Store numbers 1997-2012
- Table 26: Space by location 1997-2012
- Table 27: Sales densities by location at current prices 1997-2012
- Table 28: Average store size by location 1997-2012
- Table 29: Average sales per store by location at current prices 1997-2012
- Table 30: DIY & gardening market definition 2008
List of Figures
- Figure 1: DIY & gardening expenditure - principal components 2007
- Figure 2: DIY & gardening expenditure - principal components 2012
- Figure 3: DIY specialists sources of growth 1997-2007 and forecast to 2012
- Figure 4: Key issues in DIY & gardening retailing 2007-2012
- Figure 5: Y-o-Y changes % in DIY volume vs house prices and transactions 1997-2007 and forecast to 2012
- Figure 6: Professionalisation of home improvement work 2008
- Figure 7: DIY & gardening offer development at grocers 2008
- Figure 8: Strengthening the retail proposition 2008
- Figure 9: Key growth drivers for gardening retailers 2007-2012
- Figure 10: DIY specialists sales as a % of total UK retail consumer spending 1997-2012
- Figure 11: Total DIY specialists store numbers 1997-2012
- Figure 12: Space growth for DIY specialists 1997-2012
- Figure 13: DIY specialists sales densities at current prices 1997-2012
- Figure 14: DIY specialists sales densities at constant (2003) prices 1997-2012
- Figure 15: DIY & gardening channels of distribution 2006, 2007 & 2012
- Figure 16: Changes in shares of major channels in the DIY & gardening market 2012 on 2007
- Figure 17: Key DIY & gardening retailers change in market shares 2007 on 2002
- Figure 18: DIY expenditure snapshot 1997-2012
- Figure 19: Gardening expenditure snapshot 1997-2012
- Figure 20: DIY & gardening expenditure as a % of total spending 1997-2012
- Figure 21: DIY & gardening expenditure growth at constant (2003) prices 1997-2012
- Figure 22: DIY expenditure as a % of DIY & gardening spending 1997-2012
- Figure 23: DIY expenditure growth at constant (2003) prices 1997-2012
- Figure 24: Gardening expenditure as a % of DIY & gardening spending 1997-2012
- Figure 25: Gardening spend growth at constant (2003) prices 1997-2012
- Figure 26: Real gross domestic product (GDP) at constant (2003) prices 1997-2007 and forecast to 2012
- Figure 27: Inflation vs average earnings growth 1997-2007 and forecast to 2012
- Figure 28: Tax & Prices vs Average Earnings 1997-2007 and forecast to 2012
- Figure 29: Real household disposable income at constant (2003) prices 1997-2007 and forecast to 2012
- Figure 30: UK employment 1997-2007 and forecast to 2012
- Figure 31: UK unemployment 1997-2007 and forecast to 2012
- Figure 32: Inflation rates Y-o-Y 1997-2007 and forecast to 2012
- Figure 33: Sterling, dollar and euro exchange rates 1997-2007 and forecast to 2012
- Figure 34: UK average base rates 1997-2007 and forecast by quarter for 2008
- Figure 35: UK average base rates 1997-2007 and forecast to 2012
- Figure 36: Savings ratio 1997-2007 and forecast to 2012
- Figure 37: Growth in consumer debt 1997-2007 and forecast to 2012
- Figure 38: FTSE 100 Index 1997-2007 and forecast to 2012
- Figure 39: UK house price inflation 1997-2007 and forecast to 2012
- Figure 40: Housing Equity Withdrawal (England & Wales) 1996-2007 and forecast to 2012
- Figure 41: Housing transactions (England & Wales) 1997-2007 and forecast to 2012
- Figure 42: Retail spending value, volume and inflation/deflation trends 1997-2007 and forecast to 2012
- Figure 43: Retail spending as percentage of total consumer spending 1997-2007 and forecast to 2012
- Figure 44: Consumer, retail and non-retail spending trends % 1997-2007 and forecast to 2012
- Figure 45: Retail sales by location 2007 and 2012
- Figure 46: Share of turnover by location 1997, 2002, 2007 & 2012
- Figure 47: % share of store numbers by location 1997, 2002, 2007 & 2012
- Figure 48: % share of space by location 1997, 2002, 2007 & 2012
- Figure 49: Online retail spending 1997-2012
- Figure 50: Verdict forecasting methodology 2008