UK Online Retail Market is Driven by Surge in Total Number of Retail Websites Coupled with Growth in the Online Payment Platforms: Ken Research

“Growing digital penetration as well as technological innovation in the country has led to heavy closure of high street retail shops within UK”.

Changing Consumer Trends: It was observed that UK retailers are increasingly turn-ing online mode by either opening their own website portal or listing their products on 3^rd party websites. As a result, it led to closure / exit of numerous shops / offline stores and showrooms present in the high street. The companies have instead started focusing on creating mobile optimized websites owing to growing penetration of smart phones in the country. These companies are competing on the basis of personalized experience and social engagement.

Blending of Online and Physical Model: ROPO i.e. Research Online, Purchase Offline has been witnessed as the growing trend in UK retail industry where both online and physical market place combines together with consumer behavior. In this model, the customer visits the online platform of the company or the stores landing page to search about the product features, prices and other details and made the purchase through physical store in order to avoid shipping cost and delays. This facilitates the customer to have wider options & competitive pricing along with physical quality verification.

Rising Smartphone Penetration: In accordance with WeAreSocial Statistical Database, UK was evaluated with total of 45.0 million active social media users therefore, making a social media penetration of 67.0% and 71.7 million mobile subscription users as of January 2019. The increasing usage of internet via Smartphone has surged the growth of E-commerce industry in the country owing to the convenience and ease of accessing the websites from anywhere along with high internet speed of around 27.55 Mbps and increasing number of mobile optimized websites in UK thus, creating a positive impact on the country’s online retail sector.

Growth in Youth Population of UK: Millennial and young population is the major end user of digital platforms in UK. The increasing number of young online shoppers and solo travelers has majorly contributed towards growing consumption of online video and music streaming services and online travel market in UK. The youth population of UK is increasing with a CAGR of 0.7% during 2013-2018 thus, evaluated at 27.5 million in the year 2018. The well developed digital infrastructure and increasing penetration of internet in the country with 46.2 million users and 95% penetration rate in led to growth of E-commerce industry in the country.

Analysts at Ken Research in their latest publication “UK Online Retail Market Outlook to 2025 - By Product Categories (Apparel and Footwear, Food and Drink, Media Products, Consumer Electronics and Others), By Desktop and Mobile Mode, By Gender (Male and Female) and By Mode of Payment (Debit+Credit Card, Net Banking and Cash on Delivery)” observed that the online retail segment in UK is at a growing stage and it will further witness growth owing to factors such as rising digital advertising spent, surge in number of websites on desktop and mobile and increasing penetration of smart phones across the country. UK online retail market is expected to register a positive CAGR of 6.5% in terms of gross merchandise value during the forecast period 2018-2025.

Key Segments Covered:-

By Product Category Type (Apparel and Footwear, Beauty and Personal Care, Consumer Appliance, Consumer Electronics, Consumer Health, Food and Drink, Home Care, Home Improvement & Gardening, Homewares/Home Furnishings, Media Products, Personal Accessories and Eyewear, Pet Care, Traditional Toys and Games, Video Games Hardware and Other Internet Retailing)

By Type of Device (Mobile and Desktop)

By Gender (Female and Male)

By Mode of Payment (Cash on Delivery, Debit + Credit Card and Net Banking and M-Wallets)

Key Target Audience:-

Online Retail Companies

Third Party Websites of Online Retail

Time Period Captured in the Report:-

Historical Period: 2013-2018

Forecast Period: 2018-2025F

Companies Covered:-

Amazon.com Inc

eBay Inc

Tesco Plc

J Sainsbury Plc

John Lewis Partnership Plc

For More Information on the research report, refer to below links:-

UK Online Retail Market

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US Online Advertising Market Outlook To 2025- By Medium (Mobile And Desktop), By Type (Search, Social Media, Display, Video, Audio And Others), By Sectors (Retail, Automotive, Financial Services, Telecommunications, Leisure Travel, Consumer Packaged Goods, Electronics & Computers, Pharmaceuticals/Healthcare, Media, Entertainment And Others), By Pricing Models (Performance, Cost Per Mile And Hybrid) And By Ad Buyers (Direct And Agencies)

Singapore Online Advertising Market Outlook To 2023 - By Type (Search Ads, Social Media Ads, Video Ads, Banner Ads, Online Classifieds And Others), By Type Medium (Desktop, Mobile), By Sectors (FMCG, Entertainment & Media, BFSI, Automotive, Retail, Healthcare And Others) And By Models (Cost Per Click, Cost Per Mile And Cost Per Action)

Oman Online Advertising Market Outlook To 2023 - By Medium (Desktop And Mobile), By Type (Search Advertising, Social Media Advertising, Banner Advertising, Video Advertising, Online Classifieds), By Sectors (Hospitality & Tourism, FMCG, BFSI, Telecommunications, Healthcare, Automotive, Retail And Others) And By Model (Cost Per Mile, Cost Per Click And Cost Per Action)

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

A Global Aggregator and Publisher of Market Intelligence Reports: Ken Research

Of course, with the momentous developments in the markets along the institution of advanced technologies in the business properties in the corresponding economy the market research has frolicked a momentous role as it evidenced to be an indispensable element to increase the inclusive profile of the corporations. In the present time, there are ever supplementary tools, both free and premium that flourishing up of streamlining market research and distributing invaluable customer feedback.

However, the market research in India significantly comprise a well-organized and systematic willpower to safeguard the operative and benefited information for the client corporation or any individual. The Ken Research is a top B2B market research company and a well-systematized podiums with the momentous and mammoth efforts of attaining the indispensable and profitable data with the frightened target markets and end users. For being a noteworthy player in the current competitive trend, the prospective players and businessmen are immensely doing substantial market research of the respective fields which further become money-making for categorizing the consequences, profit margin, market share, profile, and several other locations.

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Nevertheless, the Ken Research’s market research reports occupations are proficient on the basis of two principal approaches namely primary research and secondary research. Whereas, the Primary research discusses to the firsthand data or information concerning to the corresponding market aspects and its numerous other segments meanwhile, the term secondary research denotes to that information which was previously prophesied or discovered by someone.

In the market research reports of Ken Research, several of the technology-based trends are obtainable but the mobile technology will follow to be an indispensable trend to perceive out in the present past. The virtual reality and amplified reality will determine a whole fresh level of surveillance through the digital world. The amplified reality deliver an unaffected and unambiguous look at goods and services.

In addition, the customers of the B2B behave contrarily in the present duration, and this is serving of the source why the B2B market research is compulsory. The impending purchasers consume the facility of internet to inform themselves, to compute and conclude the observations of the additional clients, and to contract down their grades of the prospective vendors.

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For More Information refer to below link:

https://www.kenresearch.com/

Contact Us:

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Thailand Auto Finance Market Research Report: Ken Research

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How Thailand Auto Finance Market Is Positioned?

The auto finance market has played an imperative role in the overall GDP contribution in the Thai economy with a valuable contribution of ~ in terms of auto loan disbursed by the end of 2019 (Provisional). The market compasses similar trends fairly in-line with the domestic vehicle sales market, qualitatively & quantitatively. After witnessing a burst in 2015 the market is currently placed in its recovery phase registering a slow-moving growth rate.

Major operations are conducted by three types of entities namely, Banks & Subsidiaries, Captive Finances, and Non-Bank Financial Institutes. Numerous new business strategies were adopted by major players including the launch of “Cash Your Car”, First Car Buyer The scheme, and Floor Plan Model with competitors indulging in maintaining extensive collaborations with luxury dealers like Volvo for product sales expansion.

The Auto finance market has increased in terms of loan disbursed to approximately THB ~ billion in 2019P from THB ~ billion in 2014 registering a CAGR of ~% during the same period. The credit disbursed in the Thailand Auto Finance Industry has increased from THB ~ billion in 2013 to THB ~ billion in 2019P. The number of vehicles financed increased from ~ in 2014 to ~ in 2019P. There have been various factors responsible for the growth. One of the major factors has been the consistent growing level of sales of used vehicles in Thailand along with a vast array of financing options being offered by lenders. Moreover, convenience in lending is being improved as online lending ecosystems contribute to the rising total addressable market in vehicle finance and lenders offer highly customized products catered to the borrower’s needs. The Issuance of digitally Advanced Products, being offered by various Fintech Institutions, also acts as a Catalyst to the Growth of Industry.

Thailand Auto Finance Market Segmentation

By Vehicle Financed (2019): In Thailand, a sale is done for both new and used vehicles. Financing of New Car was observed to dominate the market during 2019P. New Vehicle Finance enjoys a majority share in the market owing to the advantages that come handy with the new vehicles that include higher resale value and better financing schemes. Used vehicles capture a comparatively lower share in the market in terms of Units Financed.

By Tenure of Loan: The loan tenure selected by the customer depends on factors such as the price of the car, income level of the customer, flexible scheme options and other social factors such as family size and lifestyle of the individual. The most preferred loan the time period in the Thailand Automotive market for the year 2019P is for 2 years.

By Type of Financing: The research showcased that Passenger vehicle finance is the leader in terms of financing acquired and amounts to ~ of the total loan outstanding in 2019P. After this, the Commercial vehicle segment of the market covers, ~ of the market and Registration pledge covers similarly ~ of the market, while the rest ~ of the total loan outstanding amounts to floor plan loans.

By Type of Vehicle financed: It was witnessed that out of Passenger loan outstanding, new Vehicle loans amount to ~ while Used Vehicle loans amount to ~ and motorcycle loans amounts to the only ~ of the total Passenger vehicle loan outstanding market.

By (Banks, NBFCs, and Captives): Commercial banks have accounted for a Major Share in the Overall Car Finance Market of Thailand on the basis of vehicles Financed. The second position in the market was captured by Captives and the third is captured by nonbanking finance Companies, which operate in the market for Automotive financing in 2019P.

Competitive Landscape In The Thailand Auto Finance Market

Competition in the market is moderately fragmented. The Major lending institution types in the market are Banks, Captives, Multi Finance Companies, they hold a moderately Fragmented share in the lending space for New Cars. However, the top 6 players in the market make up for almost 50% of the share, but the market of Captives and NBFC’s are majorly fragmented and totally amounts to more than 150+ players in the market. Competing Parameters: These entities majorly compete on the basis of diversification of services; interest rates charged, expanded distribution network & regional presence and enhanced customer relationship. One of the chief competing parameters is digitalization that has completely changed the market along with major strategies used to attract customers & expand business including Cash Your Car and others. The major players include Thanachart Bank, Ayudhya Bank, Siam Commercial Bank, TISCO Bank Capital, Asia Sermkij Leasing, Nakhon Luang Capital Limited, Thitikorn PCL and others.

Thailand Auto Finance Market Future Outlook and Projections

Over the forecast period, the Thailand auto finance market is expected to be positive if there is a continuous need for Car among the population. Multiple fin-tech startups have also come up in the country’s financial sector which poses a threat to conventional finance companies and banks. These startups have developed products to augment the digitalization of the banking sector. This includes digital payments, online lending, online aggregation, and remote banking facilities which made the customer lending process uncomplicated and simple further facilitating the car finance market in the country. Banks and Captives are expected to continue their leading position in the market due to their vast networks and range of products. In addition to that, the Thailand market is likely to witness a decline in Car sales which threatens the growth of a number of loans issued in the future.

Key Segments Covered:-

By Vehicle Financed

New Vehicles

Used Vehicles

By Lender Institutions

Banks

Captives

Non-Banking Finance Companies (NBFCs)

By Type of Finance

Passenger Vehicle

Commercial vehicles

Registration Pledge

Floor Plan

By Type of Vehicle

New Auto

Used Auto

Motorcycles

By Loan Tenure between New and Used Autos

One Year

Two Years

Three Years

Four Years

Five Years or more

Key Target Audience

Existing Auto Finance Companies

Banks

OEM Dealerships

Captive Finance Companies

Credit Unions

Private Finance Companies

New Market Entrants

Government Organizations

Investors

Automobile Associations

Automobile OEMs

Time Period Captured in the Report:

Historical Period: 2014-2019P

Forecast Period: 2019P-2024F

Key Companies Covered:

Banks

Thanachart Bank

Ayudhya Bank

Siam Commercial Bank

TISCO Bank

Kiatnakin Bank

Kasikorn Bank

ICBC Bank

Krungthai Bank

NBFCs

Muangthai Capital

Asia Sermkij Leasing

Nakhon Luang Capital Limited

Thitikorn

Summit Capital

Group Lease

Aeon Thana Sinsap

G Capital Public Limited

Thai Ace Capital

SGF Capital

JMT Network

Phatra Leasing Company

Mitsib Leasing

Captives

Toyota Leasing Thailand

Mercedes-Benz leasing

BMW Financial Services

MITSU Leasing Thailand

Ford Services Thailand Company Limited

Honda Leasing Thailand Company Limited

Hyundai Motor Thailand Company Limited

KIA Motors Finance

Mazda Financial Services Limited

Suzuki Motor Thailand Company Limited

Volvo Financial Services

Tri Petch Isuzu Leasing Company Limited

Land Rover Financial Services

Mini Financial Services

Porsche Financial Services

Thai Rung Union Auto Public Company Limited

Key Topics Covered in the Report:-

Thailand Auto Finance Market Overview and Genesis

Thailand Auto Finance Market Ecosystem, 2019P

Value Chain Analysis of the Thailand Auto Finance Market, 2019P

Thailand Finance Market Value Chain Analysis

Thailand Auto Finance Market Size, 2013-2019P

Thailand Auto Finance Market Segmentation, 20113-2019P

Major Trends and Development in Thailand Auto Finance Market

Issues and Challenges in Thailand Auto Finance Market

Regulatory Framework in the Thailand Auto Finance Market

Snapshot on Thailand Automotive Sales and Manufacturing Market, 2014-2019P

Ways to Finance Automotives in Thailand (Bank Finance or Multi Financing Companies, Personal Finance, Lease Financing)

Vendor Selection Process for Auto Finance Company in Thailand

Competitive Landscape Containing Company & Product Profiles in the Thailand Auto Finance Market

Financial Penetration of various OEM Brands

Thailand Finance Market Future Outlook and Projections, 2019P-2024

Analyst Recommendations for the Thailand Auto Finance Market

For More Information On The Research Report, Refer To Below Link:-

Thailand Auto Finance Market Analysis

Related Reports by Ken Research:-

Vietnam Auto Finance Market Outlook to 2023 - by Loan Tenure, by Type of Institution (Commercial Banks and Non- Banking Financial Institutions) and by Type of Vehicle (Passenger and Commercial)

Philippines Auto Finance Market Outlook To 2023 - By Banks And NBFCs Including Captive Units (Auto Loan Portfolio And Motor Cycle Loan Portfolio), By New And Used Motor Vehicles, By Motor Vehicle Financed (Passenger And Commercial Vehicles), By Loan Time Period.

Indonesia Auto Finance Market Outlook To 2024: Growing Prominence Of Captive Finance Companies Backed By Surging Auto Sales To Drive Market Growth

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

UK Online Retail Market Outlook to 2025: Ken Research

Report publication titled “UK Online Retail Market Outlook to 2025 - By Product Categories (Apparel and Footwear, Food and Drink, Media Products, Consumer Electronics and Others), By Desktop and Mobile Mode, By Gender (Male and Female) and By Mode of Payment (Debit+Credit Card, Net Banking and Cash on Delivery)” provides a comprehensive analysis of the online retail market in UK. The report also covers the overview and genesis of the markets, overall market size, segmentation, trends, developments, issues and challenges, regulatory framework, value chain analysis, competitive scenario including competition stage, competition parameters, market share, brand share and company profiles of major players operating in market. Lastly, the report concludes with the future market projections and analyst recommendations highlighting the major opportunities and cautions for new as well as existing players in the market.

UK Online Retail Market Overview and Size

UK online retail market grew at double digit growth rate in terms of GMV over the review period 2013-2018. The market growth was supported by the increase in total smartphone penetration, growth in online shoppers and rise in youth population. The availability of better deals and offers along with change in consumer behaviour towards in-store has significantly affected the growth in the market and has changed the digital landscape in the industry. The market is currently placed in the growth stage owing to the increasing penetration of online retail sales during 2019. As more retailers turn online for their shopping, more and more shops are leaving the high street (i.e. offline stores in UK). On the other hand, online retail players have become highly competitive on the basis of personalized experience and social engagement.

UK Online Retail Market Segmentation

By Major Product Categories (Apparel and Footwear, Beauty and Personal Care, Consumer Appliances and Others): Apparel and Footwear dominated the online retail market as they have highest demand among both male and female population while traditional toys and games are the lowest owing to the declining interest of kids towards traditional games.

By Device (Desktop and Mobile): More than half of the people in UK visit the E-commerce site via mobile for the purpose of searching about the product whereas, the lesser proportion of audience actually buy the product via mobile. UK people generally prefer to go for a desktop and tablet to make the purchase of the product. This is due to the large display screen available on laptop as compared to mobile, which facilitates a better image and view of the product.

By Gender (Male and Female): The male segment within European countries is equally active in terms of online shopping compared to female segment. Though, both male and female have different product categories to spend being an E-shopper, males generally prefer to spend more on electronics whereas, the female segment are the major consumer of apparels and footwear.

By Mode of Payment (Debit+Credit Card, Net Banking and M-Wallets and Cash on Delivery): With increasing digitalization coupled with smartphone penetration in the country, UK consumers were observed to prefer making online payments via debit as well as credit cards and net banking. As a result, cash on delivery option saw a rapid decline during 2019.

Competitive Landscape in UK Online Retail Market

Competition has increased over the years leading to the increasing number of online retail websites in UK. Major companies include Amazon.com Inc, eBay.Inc, Tesco Plc, J Sainsbury Plc and several others which are competiting by providing all device optimization, better deals, hyper personalization through personal engagement and convinent, secure and fast payment modes. Amazon Inc is the dominating player in online retailing with huge product range, great customer trust and support. The giant has multiple subsidiaries worldwide. They primarily sell all their products online and generate no cost in maintaining physical outlets.

UK Online Retail Market Future Outlook and Projections

Online retail market in UK is expected to witness a single digit growth rate in the forecast period 2018-2025F. The impact of brexit will slow the growth rate owing to unexpected alteration in the regulations and currency fluctuations leading to the decline in the cross border transactions in the future. However, growth is supported by increasing omni channels, demand for hyper-personalization and increasing mobile retailing within the UK. Other demand drivers include growing social media users, shift towards mobile commerce and technological innovation.

Key Segments Covered:-

By Product Category Type (Apparel and Footwear, Beauty and Personal Care, Consumer Appliance, Consumer Electronics, Consumer Health, Food and Drink, Home Care, Home Improvement & Gardening, Homewares/Home Furnishings, Media Products, Personal Accessories and Eyewear, Pet Care, Traditional Toys and Games, Video Games Hardware and Other Internet Retailing)

By Type of Device (Mobile and Desktop)

By Gender (Female and Male)

By Mode of Payment (Cash on Delivery, Debit + Credit Card and Net Banking and M-Wallets)

Key Target Audience:-

Online Retail Companies

Third Party Websites of Online Retail

Time Period Captured in the Report:-

Historical Period: 2013-2018

Forecast Period: 2018-2025F

Companies Covered:-

Amazon.com Inc

eBay Inc

Tesco Plc

J Sainsbury Plc

John Lewis Partnership Plc

Key Topics Covered in the Report:-

Market Overview and Genesis

Business Models in UK Online Retail Market

U.K. Online Retail Market Size, 2013-2018

UK Online Retail Market Segmentation, 2013-2018

Government Regulations in the U.K. Online Retail Market

Growth Drivers of U.K. Online Retail Market

Trends and Developments in U.K. Online Retail Market

Issues and Challenges in UK Online Retail Market

Competitive Landscape in U.K. Online Retail Market

Company Profiles of Major NBO Companies (Amazon.com Inc, EBay Inc, Tesco plc, J. Sainsbury Plc and John Lewis Partnership plc) Operating in UK Online Retail Market

U.K. Online Retail Market Future Outlook and Projections, 2018-2025F

Failure Case Study

Impact of Brexit on Online Retailers in UK

Analyst Recommendations

For More Information on the research report, refer to below links:-

UK Online Retail Market

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US Online Advertising Market Outlook To 2025- By Medium (Mobile And Desktop), By Type (Search, Social Media, Display, Video, Audio And Others), By Sectors (Retail, Automotive, Financial Services, Telecommunications, Leisure Travel, Consumer Packaged Goods, Electronics & Computers, Pharmaceuticals/Healthcare, Media, Entertainment And Others), By Pricing Models (Performance, Cost Per Mile And Hybrid) And By Ad Buyers (Direct And Agencies)

Singapore Online Advertising Market Outlook To 2023 - By Type (Search Ads, Social Media Ads, Video Ads, Banner Ads, Online Classifieds And Others), By Type Medium (Desktop, Mobile), By Sectors (FMCG, Entertainment & Media, BFSI, Automotive, Retail, Healthcare And Others) And By Models (Cost Per Click, Cost Per Mile And Cost Per Action)

Oman Online Advertising Market Outlook To 2023 - By Medium (Desktop And Mobile), By Type (Search Advertising, Social Media Advertising, Banner Advertising, Video Advertising, Online Classifieds), By Sectors (Hospitality & Tourism, FMCG, BFSI, Telecommunications, Healthcare, Automotive, Retail And Others) And By Model (Cost Per Mile, Cost Per Click And Cost Per Action)

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249