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Annual Forecasts 2010'15: Electricals Published on October 2011

Report Summary The UK Electricals market has endured a difficult 2011 so far and squeezed disposable incomes and a weak housing market have impacted spending. This report examines the prospects for the market over the next five years to 2015, analysing issues such as the economy, space expansion and changing consumer demands and well as the performances of both specialists and non-specialists.Understand which categories within electricals will perform the best, using our expenditure forecasts to 2015 covering brown, white and grey goodsUse our market share and channels of distribution to find out which retailers and channels pose the biggest threatDefine strategy with comprehensive analysis of the key issues set to impact the electricals market over the next five yearsThe market recovery will be slow and growth will not return until 2013 when we forecast growth of 1.4%. White goods will benefit from an increasingly buoyant housing market and consumers making long deferred purchases. Brown goods will be boosted by 3D technology reaching mass market prices and new video game technology.With space falling heavily between 2010'15, specialists will focus on improving volumes and driving like-for-like sales to return to growth. Online will play a crucial role in this, as will reinvigorating store formats with exciting new concepts that capture the consumer imagination.Despite the popularity of tablets and, to a lesser extent, laptops and notebooks, grey goods will continue to struggle due to the increasing redundancy of products such as digital cameras, desktop PCs and fax machines.How much will the electricals market grow between 2010'15'Which channels have the most potential for growth'How will weak sales growth impact sales densities and the performance of retailers in the sector'

Table of Content

OVERVIEW 'Summary 'Methodology EXECUTIVE SUMMARY 'Introduction 'Scope 'Methodology 'Principle Sources MARKET SUMMARY 'Further turbulence before recovery ' 'The inability and unwillingness of consumers to spend, plus a lack of new technology, is creating tough conditions for the sector; 'Most successful retailers are either at the value end (grocers, online players) or premium and aspirational (Apple, John Lewis); 'Traditional midmarket, volume operators will be increasingly squeezed; 'Squeezed disposable income, a weak housing market and low confidence will lead to further market declines; 'Retailers will have to wait until 2013 to really benefit from a stronger technology pipeline; 'Brown goods will continue to decline heavily in the short term but will be boosted by 3D technology and new video games consoles; 'White goods have declined to a level of replacement purchasing, but sales will pick up more strongly when the housing market recovers in 2013; 'Despite the popularity of tablets and, to a lesser extent, laptops and notebooks, grey goods will continue to struggle due to the increasing redundancy of products such as digital cameras, desktop PCs and fax machines.

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>> Get this Report Now by email! APPENDIX 'Help and tips to use the annual forecasts 'Printing 'Copying data to Excel 'Viewing 'Inserting slides into your own presentations 'Ask the analyst 'Verdict consulting 'Disclaimer TABLES 'Table: Principle sources of data and information FIGURES 'Figure: Verdict forecasting methodology

Companies mentioned Bank of England, Informa plc

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Annual Forecasts 201015: Electricals  

The UK Electricals market has endured a difficult 2011 so far and squeezed disposable incomes and a weak housing market have impacted spendi...

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