The grocery retailing sector will grow to an estimated £205.9 billion ($326.83 billion) in 2018
The grocery sector in the UK is expected to grow 21.3% between 2013 and 2018, according to September 2013 research from IGD, with the value of the whole industry reaching £205.9 billion ($326.83 billion) in 2018. However, two sectors will see an especially fast rise: the discount sector, which will grow 96.3%, and the digital grocery sector, which will increase 123.7% over that period. And digital’s share of total grocery sales will also rise substantially, according to IGD, increasing from 3.8% in 2013 to 7.1% in 2018, driven by new entrants into the market and more purchasing and collection options.
In many respects, digital grocery shopping in the UK actually lags behind other European nations, particularly France, in contrast to the UK’s overall role as a world leader in digital retailing. When comparing attitudes to grocery shopping in the UK, France and Germany in January 2013, Symphony EYC found that 40.4% of consumers in France stuck to traditional grocery shopping, compared to 68% of UK shoppers.
As research from Kantar Worldpanel has shown, digital’s share of grocery sales has almost quintupled since 2003, from 1.1% of the total, a very low base, to 5.1% in 2013. This share could grow much faster as retailers introduce new delivery services and competition increases.
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