United Kingdom

Personal luxury retail value sales rose by 9% in 2023 to total GBP18.6 billion, supported by growth recorded by leading brand providers, such as Louis Vuitton UK Ltd and Chanel Ltd. 2023 value sales growth was boosted by consumers investing in luxury…

Retail value sales of luxury goods in the UK grew by 7% in 2023 in current terms, to stand at GBP48.9 billion. Development was predominantly characterised by a focus on recovery and a return to customary consumer behaviour, encompassing working,…

Value sales of fine wines/champagne and spirits grew by 8% to total GBP3.0 billion in the UK in 2023, as a result of a consumers’ desire to make the most of their time after the pandemic. Enjoying a drink with friends is considered a priority leisure…

Tourist visitor levels in the UK were seen to recover in 2023, despite global macroeconomic pressures such as high inflation and the rapid escalation of living costs. This was an improvement on previous years, when the pandemic prevented people from…

The United Kingdom’s (UK) political landscape has been volatile, whilst Brexit continues to weigh on economic freedom. Owing to high inflation that has eroded consumer purchasing power and business investment, economic output is set to slow markedly,…

Yoghurt has not been spared from the severe price increases that have characterised dairy in the UK. The increasing input costs, with commodities such as fertilisers, energy and animal feed, have slashed profit margins across the supply and…

Plant-based dairy is marginally benefiting from the severe pressures that are impacting the local dairy industry. As Brexit continues to hinder stability and the ongoing war in Ukraine impacts supply chains, high production costs of dairy farming…

The local dairy industry has been characterised by severe price increases, with products featuring milk as their primary ingredient suffering the highest hikes. Indeed, as input costs have become increasingly expensive, profit margins have been…

The dairy industry was among the most severely impacted in 2022. The lingering impact of the pandemic, continued Brexit-related issues and most importantly, the start of the war in Ukraine, pushed up production costs with utilities, fertiliser, and…

The dairy industry in the UK is being severely impacted by the lingering effects of the pandemic, and political, social and economic challenges. Firstly, Brexit continues to hamper import and export operations between the UK and European markets,…

Cheese consumption suffered a substantial decline in 2022 as the impact of economic instability, supply chain issues and high inflation affected both players and consumers. Additionally, growth inflated by the pandemic and home consumption resulted…

Butter and spreads continues to face substantial challenges in 2023 as the supply chain remains unstable, milk prices fluctuate, and labour remains an issue. Indeed, as feed and fertiliser prices that plateaued in September 2022 remain extremely…

Baby food continues to recover from the pandemic-related disruptions observed in 2020. Retail volume growth is evident across milk formula and other baby food categories as busy local parents have less time to prepare food at home, and demand safe…

With a lack of new product development and brand activity in 2023, demand for wound care is being primarily driven by a full year without lockdown restrictions boosting out-of-home activities. The category’s performance is largely dependent on…

Weight management and wellbeing continues to experience strong value growth in 2023, as the general health and wellness trend remains prevalent post-pandemic. As consumers have returned to hectic routines with the reopening of offices, balancing a…

Value sales of vitamins have rebounded in 2023, recording growth for the first time since 2021. Although value growth is much weaker than at the height of the pandemic, and overall retail volume sales are continuing to decline, demand remains above…

After a marginal decline in the first year of the pandemic, sports nutrition in the UK continues to record strong current value sales growth in 2023, following a full recovery in 2021. Apart from the price hikes driven by inflation since the end of…

Current value sales of sleep aids continue to rise in 2023, albeit at a slower rate due to stocking up and strong sales over the last three years since the emergence of the pandemic. Local consumers continue to experience the cost-of-living crisis in…

Paediatric consumer health in the UK is witnessing another strong year of current value growth in 2023, albeit at a slower pace than 2022. The positive performance across both years has predominantly been driven by high growth for paediatric cough,…

Demand for NRT smoking cessation aids is declining in 2023, despite a further drop in smoking prevalence among the adult population as consumers continue to focus on their health post-pandemic. A marginal decline in retail volume sales is likely to…