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Supermarkets in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Supermarkets Market Research Report | SIC G47.110 | Jun 2016

Slashing prices: Discount retailers have intensified competition in the industry

IBISWorld’s Supermarkets market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Aldi Stores Ltd Aldi Stores Ltd market share
Asda Asda market share
Sainsbury's Sainsbury's market share
Tesco Tesco market share
WM Morrisons Supermarkets plc WM Morrisons Supermarkets plc market share
Industry Statistics & Market Size
Revenue
£160bn
Annual Growth 12-17
0.7%
Annual Growth 17-22
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Profit
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Employment
1,038,680
Businesses
60
Industry Analysis & Industry Trends

The Supermarkets industry has undergone radical change over the past five years. The lingering effects of the economic downturn, extensive changes in consumer shopping habits and the aggressive expansion of the discount supermarkets Aldi and Lidl have shaken up the industry considerably. In March 2014, Tesco and Morrisons sparked a price war by announcing large price cuts on numerous items. Asda and Sainsbury's followed suit, announcing similar cuts to prices over the rest of the year. This price war was primarily designed to stall the advance of discount supermarkets, which have benefited from rising market shares in recent years... purchase to read more

Industry Report - Starting a New Business Chapter

New entrants to the Supermarkets industry face significant hurdles. Foremost among these is the substantial outlay required to build a new store and to fill it with sufficient stock. Locating a suitable site for a new store is also challenging, unless an existing store has recently shut and the space is available. The sheer size of most supermarkets makes their store space unsuitable for most other stores. Once established, annual capital costs are low, meaning that competitors face a more favourable cost environment. These lower costs are responsible for another major barrier: the industry is very mature with well-established large players who can afford, and are willing to, price their competition out of the market if feasible... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Supermarkets Industry?

Supermarkets sell a range of groceries and food, including fruit, vegetables, bread, canned goods, toiletries, dairy goods, alcohol, cleaning products and cigarettes. Off licences, greengrocers and symbol group and non-affiliated independent convenience stores are not included in this industry.

Industry Products
Meat, fish and delicatessen itemsFruit and vegetablesDairy productsBeverages Frozen foodOther foodGeneral merchandise
 
Industry Activities
Grocery retailingFruit and vegetable retailingBakery product retailingDelicatessen product retailingGeneral merchandise retailing


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