Why UK Plus Size Clothing Market is Growing

Since the inception of fashion world, the needs and trend of a market is changing with the passage of time. Sometime, it drastically changes the whole wearing pattern of people and sometime it adds/subtracts few changes in current trend. Almost every week you would have some new studies or data analysis from the research people. And this research work helps the trend setters to move their direction accordingly. Despite of growing health awareness, the obesity level in both genders is increasing sharply. As per the UK Health survey research data, the obesity level in young female generation (16-24age) has increased upto 3% (12.9% to 15.9%) within one year 2014-15. As per NHS Health Survey UK, the 26.8% women are encountering the obesity problem.  The male percentage is also not far and as per the experts the plus size men’s fashion garments UK market will grow upto 22% till year 2022

Plus Size Clothing Market Growth:

Due to sharply increase in obesity percentage in young population, the industry’s fashion’s icons pay special attention to this segment. The River Island, Marks & Spencer, New Look and Quiz made necessary investments in plus size clothing product line which is sharply growing and still under served. The efforts are not stop up to this level only. Since plus size clothing segment has now good market share and still on growing phase so you can also observe its presence in fashion shows (like plus size fashion models) and social media activities.

Why UK Plus Size Clothing Market is Growing

There are number of fashion retailers which realized this increasing obesity trend and already well prepared for it. Now the UK fashion market is offering a handsome range for plus size clothing market segment. Due to different body types in same size, the fit is most important thing after the price factor. According to research and consulting firm GlobalData, this segment is usually prefer to shop online. As the research study proved this thing that 45% of female shopper and 36% men’s shopper normally buy online. Moreover, the retailers are also quite happy to sell this product via online. Because, in the recent past the sale of plus size clothing wasn’t justifying it’s in-store space.

Fashion retailer’s Focus:

In past decade, the fashion retailers were only focusing and offering plus size clothing range to women. Whereas, the men’s plus size clothing market was not focused and undeserved during that period. As per the fashion analysts, the plus size UK men’s garments market has a great potential and it would be the strongest performer driver in next five years. So, the retailers are now paying adequately attention in both gender’s product line with improved availability and multiple choices in plus size clothing range and now the shoppers can be catered better than ever before.

Photos: River Island Men’s Big & Tall, Evans Ladies Plus Size Clothing

UAE Food Retail Industry Opportunities Analysis

UAE and Saudi Arabia are the major food consumption countries during the forecast period. As the country-wise share in total GCC food consumption is not to much change until 2021. The consumption of food in the UAE as well as other GCC is project to expand at a CAGR of 4.2% from an estimate 48.1 million MT in 2016 to 59.2 million MT in 2021. The main reason of this growth is an increase in higher per capita income. As the overall GCC economies stage a sustained economic recovery from the recent downturn. During the forecast period, UAE is projecting to grow by 4.4% to 10.1 million.

Despite of several challenges/thread (which would discussed in my other article of UAE market) to UAE grocery market, there are several areas where the said industry can take benefits and overcome the impacts of challenges.

Fresh and Halal Food:

The fresh and halal food demand is significantly increasing day by day. According to recent estimates from Euromonitor International (http://www.euromonitor.com/united-arab-emirates ), the sales of fresh foodstuffs in the UAE are anticipate to increase and as per estimation and it would increased from AED 27 billion in year 2016 to AED 30 billion in year 2017. Whereas, the sales of packaged food products is expecting to reach AED 19 billion. And the packaged tea and coffee product’s sales value is expecting an increase upto AED 4.4 billion by 2020. The organic packaged food products are expecting to significantly enhance sales up to AED 145 million in the same year.

Attraction for Foreign Investments:

Due to large market place and high hospitality rate, the number of current and new companies invests in the food and retail sector of UAE. The French export has grown not only in the UAE but also across the Middle East with the region representing over 3% of French food exports. The 22nd edition of Gulfood, taking place from February 26 to March 02, 2017 at the Dubai World Trade Centre, is all set to see a stronger French Pavilion comprising 70 companies divided in four key sectors (Food Specialists, Dairy Section, Beverages Section and Meat & Poultry Section).

For the first time at Gulfood, France represented under the label ‘Made in France Made with Love’ highlighting the French food industry’s values and commitment towards quality. Moreover, there will be ‘Made in France’ baby products, eggs, cheese, white & brown sugar, sauces, baked goods and desserts pastry, meat and ready meals, processed fruits and soft drinks and many others.

The Middle East is one of the largest importers of French dairy products. The French exports have grown not only in the UAE, but also across the Middle East with the region representing over 3% of French food exports. Saudi Arabia is considered as the largest export market for French companies in the F&B sector accounting for about $1 billion in 2015.

UAE F&B Market Going Strong:

According to the KPMG 2015 F&B Survey, eating out market in the UAE continues to perform strongly with many residents now eating out more frequently and spending more compared to a year ago. As per survey’s findings which was comprising respondents from a mix of Emirati and GCC nationals (including Arab, Asian and Western expatriates) revealed that 66% go out for dinner at least once during the week with an average spend on eating out per person being AED 120.

It is estimate that by the year 2019, the number of F&B outlets will increase by around 1,600. Further Euromonitor predicts the UAE F&B market to grow from $11.3 billion in 2014 to $13.2 billion in 2018. These positive facts and figures also encourage a lot of new investors to invest more in the said sector.

Investments in Food Production Sector:

Due to high food demand and low food production, the UAE has to go for some other options. So, that the country’s food demand can be met from various alternatives. And for this, it has made multiple measures to secure the food supply. It includes investments in abroad farm-lands and parallel to this it is also improving domestic productivity by using new technologies. The UAE has already invested handsome amount in different countries like Namibia, South Africa, Tunisia, Morocco, Algeria, Sudan and Egypt to secure food supply. However, weaker infrastructure, poor security, local hostility, and political unrest have affected some of the projects. The country has option shift at safer havens like Eastern Europe, Australia, and North and South America.

The UAE government has also invested heavily in providing the latest technology to improve land and water management. The space technology is usually use for enhancing crop productivity and reduce agricultural costs. This involves using satellites equipped with remote sensing technology for monitoring plant growth and activity, irrigation needs and environmental conditions.

UAE Grocery & Food Industry opportunities Analysis

Source: ―UAE‘s food imports to rise to $400b in 10 years‖, Gulf News, March 31, 2015. Scarcity and Abundance: UAE Food and Water Security‖, Future Directions International, November 25, 2014

Change in Life Style:

The growing number of working couples also caused the increase in spending on packaged foods and ready meals. Moreover, their busy lifestyles along with awareness about nutritional baby foods is the main reason in rise in demand of products (milk formula, dried & prepared baby food etc).

Sales of baby food in the UAE was estimating at AED 511 million (US$ 139.1 million) in 2016 and projecting to reach AED 677 million (US$ 184.3 million) in 2021, indicating an annualized growth rate of 5.8%. So, keeping in view this class, the industry giant can offer more products to them for better sale and margins.

UAE Retail Market opportunity Analysis Growing Demand for Healthy and Organic Foods:

The overall trend of healthy/organic food is increasing in all over the world and UAE is also in front-runner.. In 2015, sales of natural/organic food products in the country grew from 55% to 90% respectively from 2010. The Sales of healthy (hygienic) packaged foods in the UAE is growing by 9.2% annually. And it would increase from US$ 230 million in year 2015 to US$ 357 million by year 2020. The high visibility of organic, gluten-free and low-carbohydrate foods in supermarket’s racks is a proof to the popularity of products.

The UAE government also has been making efforts to boost domestic organic produce by providing farming inputs. It include various measure like fertilizers, seeds and pesticides to organic farmers at half the market price. In the four years to November 2015, the Emirates Authority for Standardization and Metrology has certified 103 organic farms. As per Ministry of Environment and Water strategic 2014-2016, they will increase the area under organic farming by 5% p/a..

Some Ending Lines:

The overall UAE Grocery and food industry is going well and business gurus are hoping positive changes in coming future. There are certain factors which create hindrance in the industry’s growth. But favorable thing is that these factors are well highlight to each and every responsible person of the country’s administrators. Since the willingness of the Govt. is also really encouraging towards the growth of the said industry. And we can see huge investments which were done in recent past for meeting the future challenges of this industry.

The Global Denim Jeans Market Analysis and Predictions

Global Denim Jeans Market

This article highlights the current global denim jeans market research analysis as well as the expert’s predictions of denim jeans business for coming years. I am sure the below information would provide concise but ample global market knowledge about the jeans industry trend. It also touches the insightful views on the issues affecting future business decision making for denim and jeans executives.The Denim jeans market of current year 2017 is worth in US$ 56.55 billion. In which the two key players Europe and North America have total contribution is around 70.9% of the total world. The percentage of contribution of the both players would be varied in future. As some experts say it remain same but some strongly believe that Europe pace would be better than North America.

Denim Jeans Market Analysis:

This huge denim jeans market is normally segmented by price differences. And here I want to mention this thing that there is no any good logical explanation of the price up-charge. Although there is some value addition in the high price articles (adding some extra features like GOTS, wearable technology or UV protected etc) yet the offered value is not justifying the price tag.

As per the research, the worldwide total volume of jeans for 2017 is 1,959 million pieces with an average worldwide retail price is around US$29 per piece. Whereas the Europe average price is US$40 and South America and rest world has restrict on US$15-17. There are 13 million jeans (high fashion) with a high price group and around 1,371 million in low price category. And the balance quantity is in between of the moderate prices range. If we review the consumption behavior of two major consumer market then figures per year varies. The North American consumers buy an average 1.4 pairs of jeans per person. Whereas, the European customers average consumption in denim jeans is around 0.6 per person per year.

Denim Jeans Market Future:

The future of the denim jeans industry is quite hopeful and the experts are predicting gradual growth in this business. As per the denim jeans gurus, the growth rate of denim jeans business in pieces till year 2022 will be around 2,089 million pieces (US$ 59.46 billion worth) with an estimate growth rate of 6.6%. Although the new trends which are related to environment is really hot now a days. And most of denim companies are more curious about sustainability of their product and its impact on environment. The steps towards sustainable environment is healthy but cost incurring development. As it would definitely be a challenging for a big market which categorize under price conscious segment.

The Global Apparel Industry Analysis: Expectations vs Reality

Apparel Industry Analysis

The World’s global economy has been moving at a slow pace and its reflection clearly observes on the world garment market. This slow pace is not only affecting the import/export oriented groups but you can also experience it in your traditional local markets. In actual, the overall apparel industry is dangling on various factors. Sometime, it’s pace disturbed by the country’s economic growth which directly hurt the purchase power of the end users. And sometime it hurt from the internal situations or policies of the manufacturing country’s Government.

Apparel Industry Analysis:

If we analyze on the current apparel industry (manufacturing countries) situation then we can say that only the few countries from the Asian apparel countries (like Bangladesh, Cambodia, and Vietnam) remain satisfactory for last two years. But the overall growth of the clothing manufacturing concern has been relatively weaker about 08% to 10% during year 2016-17. In reverse, the revenues of clothing exporters and the local market focused players grew about CAGR of 13%-14% during 2011-15.

UK Apparel Industry Analysis:

Let’s have a look on apparel business situation of year 2016 in UK which was consider as heaviest year of decline. But despite of heavy decline, the new opening percentage was also encouraging in the said year. Across 2,700 UK locations there were 45,986 new beginnings and 47,636 endings. There are certain factors which directly affect the British high street business. It include online shopping trend increasing, increase in minimum wage rate, slump after Brexit, the store closures numbers increased are the main factors which force the retailers to close their businesses. And some big groups like BHS and Jaeger have also found themselves in administration.

US Apparel Industry Analysis:

Same is the case of US apparel market, the US imports from all sources was down around 13.6% month on month in February to 2.09bn (SME). Since China is the biggest suppling country of US, its export also fell down around 16.8% year on year to 785m (SME). Whereas the second big supplying country named Vietnam faced a decline of 8.9%. And the same declining phase Bangladesh and Cambodian market faced during the said period.

The total US apparel imports of February/17 was 14% down which is approximately -0.77bn down from previous month. As per the recent figures of about March, it also proved another tough month for the US apparel retailers. As they were still reporting the lower foot traffic (despite of Easter).

In The Nutshell:

Based on current global situation, there must be a healthy collaboration of apparel selected groups (from all over the world). These groups/clusters should organize discussion events frequently along with that create platforms for sharing ideas and policies with each other. As these brainstorming activities will definitely be make the industry’s standards more favorable, productive and result oriented. These representatives should also have close collaboration with their government policy makers. So that the new or current Govt.’s policies could effectively support the industry’s business. And last but most important thing is that every member should convince his/her own country’s officials to implement the real practice of compliance practices BCI, ZDHC, BSR and other supporting social and environmental practices. So that the transparency of each and every manufacturing activity is really necessary to save our environment.