boost

Home improvement and stockpiling boost September UK retail sales

Consumers increased spending on improving their homes and stockpiling goods in September in preparation for a tightening of restrictions, providing a boost for retailers.

Sales in the UK rose 5.6 per cent last month compared with the same period a year ago, according to data from the British Retail Consortium and the consultancy KPMG. That was above the six-month average decline of 1.1 per cent and the best annual growth rate of any month since December 2009, it found.

“September saw a big improvement in retail sales growth,” said Helen Dickinson, chief executive at the BRC, whose survey covers about 60 per cent of the industry.

“With office workers still at home for the foreseeable future, the sales of electronics, household goods and home office products have remained high,” she added. In contrast, more time spent at home and the cancellation of public events “have continued to hold back clothing and footwear”.

Line chart of Annual % change showing UK retail sales shift online

Food retail sales also rose in September as shoppers began stockpiling in reaction to possible further restrictions, said Susan Barratt, chief executive at the grocery consultancy IGD, commenting on the BRC data.

The growth in overall retail sales does not mean that high-street retailers are out of the woods, as the shift toward online sales prompted by the lockdown continued.

Online non-food sales last month rose 37 per cent compared with the same period a year ago. In contrast, in-store sales of non-food items were still very depressed.

Retail sales were the first of the main economic indicators to rise above last year’s level back in July as consumers spent money on food and drink rather than visiting restaurants and pubs.

The BRC findings chime with a 2 per cent annual growth in consumer spending in September, according to Barclaycard data also published on Tuesday.

The payments company’s

Bathroom Accessories Market | Growing Awareness About Personal Hygiene to Boost the Market Growth | Technavio

LONDON–(BUSINESS WIRE)–The bathroom accessories market size is poised to grow by USD 5.63 billion during 2020-2024, progressing at a CAGR of over 5% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.

The growing awareness about sanitary and personal hygiene is one of the significant factors driving the bathroom accessories market growth. Diarrhea caused due to poor sanitary hygiene accounts for many deaths every year. Hence, with growing awareness about the importance of sanitary hygiene, consumers are increasingly adopting the best sanitary and personal hygiene practices, including keeping bathrooms clean and hygienic. Bathroom accessories such as washbasins, clean toilets, tissue holders, towel hangers, soap dispensers, towel rails, rings and hooks, toothbrush holders, shelves, trash cans, and paper towel machines are widely used in hygienic bathrooms. The demand for antimicrobial toilet seats is also increasing. These factors are expected to fuel the demand for bathroom accessories among various end-users, including healthcare centers, educational institutions, and offices during the forecast period.

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Report Highlights:

  • The major bathroom accessories market growth came from the offline distribution channel segment. Consumers prefer buying bathroom accessories from signature stores and display showrooms for convenience. This is because they can choose bathroom accessories from a wide range of products based on the requirements and budgets from these stores. Offline shopping allows buyers to understand products better with the touch and feel aspect. As a result, the popularity of

Bathroom Accessories Market | Growing Awareness About Personal Hygiene to Boost the Market Growth

LONDON–(BUSINESS WIRE)–Oct 12, 2020–

The bathroom accessories market size is poised to grow by USD 5.63 billion during 2020-2024, progressing at a CAGR of over 5% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201012005351/en/

Technavio has announced its latest market research report titled Global Bathroom Accessories Market 2020-2024 (Graphic: Business Wire)

The growing awareness about sanitary and personal hygiene is one of the significant factors driving the bathroom accessories market growth. Diarrhea caused due to poor sanitary hygiene accounts for many deaths every year. Hence, with growing awareness about the importance of sanitary hygiene, consumers are increasingly adopting the best sanitary and personal hygiene practices, including keeping bathrooms clean and hygienic. Bathroom accessories such as washbasins, clean toilets, tissue holders, towel hangers, soap dispensers, towel rails, rings and hooks, toothbrush holders, shelves, trash cans, and paper towel machines are widely used in hygienic bathrooms. The demand for antimicrobial toilet seats is also increasing. These factors are expected to fuel the demand for bathroom accessories among various end-users, including healthcare centers, educational institutions, and offices during the forecast period.


Register for a free trial today and gain instant access to 17,000+ market research reports.


Technavio’s SUBSCRIPTION platform

Report Highlights:

  • The major bathroom accessories market growth came from the offline distribution channel segment. Consumers prefer buying bathroom accessories from signature stores and display showrooms for convenience. This is because they can choose bathroom accessories from a wide range of products

Bathroom Accessories Market | Growing Awareness About Personal Hygiene to Boost the Market Growth | Technavio – Press Release

LONDON–(Business Wire)–The bathroom accessories market size is poised to grow by USD 5.63 billion during 2020-2024, progressing at a CAGR of over 5% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201012005351/en/

Technavio has announced its latest market research report titled Global Bathroom Accessories Market 2020-2024 (Graphic: Business Wire)

Technavio has announced its latest market research report titled Global Bathroom Accessories Market 2020-2024 (Graphic: Business Wire)

The growing awareness about sanitary and personal hygiene is one of the significant factors driving the bathroom accessories market growth. Diarrhea caused due to poor sanitary hygiene accounts for many deaths every year. Hence, with growing awareness about the importance of sanitary hygiene, consumers are increasingly adopting the best sanitary and personal hygiene practices, including keeping bathrooms clean and hygienic. Bathroom accessories such as washbasins, clean toilets, tissue holders, towel hangers, soap dispensers, towel rails, rings and hooks, toothbrush holders, shelves, trash cans, and paper towel machines are widely used in hygienic bathrooms. The demand for antimicrobial toilet seats is also increasing. These factors are expected to fuel the demand for bathroom accessories among various end-users, including healthcare centers, educational institutions, and offices during the forecast period.

Register for a free trial today and gain instant access to 17,000+ market research reports.

Technavio’s SUBSCRIPTION platform

Report Highlights:

  • The major bathroom accessories market growth came from the offline distribution channel segment. Consumers prefer buying bathroom accessories from signature stores and display showrooms for convenience. This is because they can choose bathroom accessories from a wide range of products based on the

Smart Kitchen Appliance Market | Demand for Innovative Appliances to Boost the Market Growth | Technavio

LONDON–(BUSINESS WIRE)–The global smart kitchen appliance market size is poised to grow by USD 6.16 billion during 2020-2024, progressing at a CAGR of over 9% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.

The innovative and smart kitchen appliances are eco-friendly, exhibit a user-friendly interface, and are energy-efficient, which attracts customers to buy it. Moreover, rising disposable income and growing purchasing power are making customers capable enough to increase their spending on premium smart kitchen appliances, which increases their demand and drives the market.

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Technavio’s SUBSCRIPTION platform

Report Highlights:

  • The major smart kitchen appliance market growth came from the smart large cooking appliance segment. This segment is the largest contributor to the global smart kitchen appliance market led by enhanced living standards and growing interest in smart connected home appliances. Moreover, augmented technology used in these appliances and their add-on connectivity features contribute to the growth. The smart large cooking appliance segment is expected to grow with the rise in consumer demand for energy-efficient appliances with user-friendly interfaces.
  • North America was the largest smart kitchen appliance market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The presence of favorable infrastructure, adoption of smart home technologies, technological advancements, and increased product offerings will significantly drive smart kitchen appliance market growth in this region over the forecast period.
  • The global smart kitchen appliance market is