"The Report Lighting,
2016 provides information on pricing, market analysis, shares,
forecast, and company profiles for key industry participants. -
MarketResearchReports.biz"
"Lighting,
2016" is part of GlobalData Retails Home Retail Series, which
provides in-depth analysis into the lighting market, with value and
volume forecasts up to 2021. The report provides detailed
quantitative and qualitative analysis of the UK market, reviewing key
trends based on GlobalData Retails consumer data.
The
lighting market will experience modest growth over the next five
years, although in 2017 there will be a short-term slump in spend.
This is due to price inflation limiting spend on discretionary
purchases and an expectation of a decline in UK housing transactions
during 2017-2018 impacting volumes. However, this also offers an
opportunity for the entry level lighting market to thrive as well as
encouraging retailers to engage existing home owners looking to make
affordable home improvements.
View Report @
http://www.marketresearchreports.biz/analysis/1045257
The
report provides expert analysis of the following -
-
Key issues and success strategies
-
Market sizing and growth forecasts
-
In-depth profiling of key retailers
-
Where people shop
-
Why people shop
-
Channel usage and market value by channel
Get Sample Copy Of This
Report @
Scope
-
Ceiling and wall lighting, which makes up the largest proportion of
lighting sales, has the highest forecast growth over the next five
years. This is driven by three key trends; the continued demand for
fashionable ceiling pendant lighting, the growing trend towards
replacing lighting with LED technology and the emergence of smart
home lighting. All three trends are forecast to continue to grow in
popularity over the next five years.
-
The collapse of BHS has resulted in a large gap in the market with
their previous lighting market share up for grabs. Despite their
struggling clothing range, BHS lighting range continued to appeal to
consumers offering a wide selection of affordable products. Former
BHS customers will turn to competitors with a physical presence on
the high street such as Debenhams, which has recently refreshed its
lighting proposition. Debenhams is expected to improve its lighting
market share as a direct result of BHS demise and its strategy to
actively target BHS abandoned shopper base.
-
Online will be the fastest growing channel over the next five years.
This is in part due to the problematic nature of visually
merchandising lighting in physical stores. Having an online platform
has enabled retailers to overcome this by successfully showcasing
product with room set photography, product isolation and editorial
content allowing the consumer to better visualise the product in
their own home despite the absence of tangibility. Consequently more
premium and aspirational pureplay retailers are gaining lighting
market share.
Reasons to buy
-
Use our five-year forecasts to 2021 for individual product
categories, channel distribution and online sales penetration to
establish a focused strategy in areas of high growth.
-
Review our company analysis of major brands and retailers in the
lighting market and further your understanding of where these
retailers succeed and where they fail to improve your own lighting
proposition.
-
Identify which consumers to target and how to drive spend from them
by utilising our shopper penetration data to better understand what
influences their retailer selection and spending motivations.
-
Understand how the online channel can be better utilised to sell
lighting, reviewing the online expenditure forecast and analysis on
how to merchandise lighting online.
-
Use our analysis on market key issues to better understand how own
brand lighting can be clearly segmented and differentiated to target
different consumer groups, improve visual display and justify price
points effectively.
Table of Contents
Summary
Issues
And Strategies
The
Market
The
Retailers
The
Consumer
Further
Details
About us
MarketResearchReports.biz
is the most comprehensive collection of market research reports.
MarketResearchReports.Biz services are specially designed to save
time and money for our clients. We are a one stop solution for all
your research needs, our main offerings are syndicated research
reports, custom research, subscription access and consulting
services. We serve all sizes and types of companies spanning across
various industries.
Contact
Mr.
Nachiket
State
Tower
90
Sate Street, Suite 700
Albany,
NY 12207
Tel:
+1-518-621-2074
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