This report covers the UK market for own-brand products. In particular, it focuses on own brands in the following sectors
April 13, 2007 (Press Release) --
Own Brands Market Report 2006
This report covers the UK market for own-brand products. In particular, it focuses on own brands in the following sectors: groceries; over-the-counter (OTC) medicines; do-it-yourself (DIY) products; and clothing and footwear.
It estimates that the total value of own-brand sales in 2005 was £69.1bn at retail selling prices. Sales have increased by a total of 17.3% since 2001. In addition to a general rise in UK retail sales, the growth in this market reflects the increasing range of own-brand products available. Growth rates accelerated between 2001 and 2005, as own-brand products expanded their presence across markets — moving from their original status as low-priced, value-for-money items into the premium and lifestyle arenas. R etailers are focusing on developing premium food products that directly address consumer concerns about the provenance of the food that they eat, as well as responding to growing consumer interest in healthy eating.
The grocery market is the largest sector of the own-brands market, and is primarily composed of three major segments: foodstuffs; beverages; and household goods. The UK's major supermarkets, along with a number of major private-label retailers, supply a wide range of food, beverages and additional non-food own-brand items.
The rise of own-label products — one of the most striking retail success stories of the last decade — is also being seen in many other sectors. In clothing, for example, flagship own-label brands such as ASDA's George clothing and Tesco's Value range are having a dramatic effect, with the two supermarket giants emerging among the top three clothing retailers in the country (from virtually a standing start a decade ago).
This report covers the UK market for own-brand products. In particular, it focuses on own brands in the following sectors: groceries; over-the-counter (OTC) medicines; do-it-yourself (DIY) products; and clothing and footwear.
It estimates that the total value of own-brand sales in 2005 was £69.1bn at retail selling prices. Sales have increased by a total of 17.3% since 2001. In addition to a general rise in UK retail sales, the growth in this market reflects the increasing range of own-brand products available. Growth rates accelerated between 2001 and 2005, as own-brand products expanded their presence across markets — moving from their original status as low-priced, value-for-money items into the premium and lifestyle arenas. R etailers are focusing on developing premium food products that directly address consumer concerns about the provenance of the food that they eat, as well as responding to growing consumer interest in healthy eating.
The grocery market is the largest sector of the own-brands market, and is primarily composed of three major segments: foodstuffs; beverages; and household goods. The UK's major supermarkets, along with a number of major private-label retailers, supply a wide range of food, beverages and additional non-food own-brand items.
The rise of own-label products — one of the most striking retail success stories of the last decade — is also being seen in many other sectors. In clothing, for example, flagship own-label brands such as ASDA's George clothing and Tesco's Value range are having a dramatic effect, with the two supermarket giants emerging among the top three clothing retailers in the country (from virtually a standing start a decade ago).
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