Research Presentations-PDF

UK Gen Z Retail Digital Marketing Report Q1 '24

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Gen Z in the U.K. Brief U.K.'s fashion retail market revenue will crest £43b by 2028 3 U.K.'s e - commerce market value will reach £68b by 2030 3 £68b OLV Advertising 47% of Gen Z in the U.K. remembered seeing ads in video portals (compared to 39% of gen pop) 1 Product preference Gen Z commands 24% of the overall apparel market, but 32% of the sustainable apparel market 5 By 2027, Gen Z will command 34% of the sustainable apparel market 5 E - commerce 60% of apparel sales in the U.K. will be made online by 2025 4 consume digital video content (H2 2023) 1 74% purchase clothing or shoes mostly online 2 47% purchased products because celebrities or influencers had advertised them 1 30% 1. Statista Consumer Insights Global as of January 2024, n=24,187 (all respondents), n=4,027 (Gen Z) 2. Statista United Kingdom; Klarna; Nepa ; Q2 2023 n=1000 3. Statista Digital Market & Consumer Insights 2023 4. United Kingdom; Retail Economics; Office for National Statistics (UK); Eurostat; IMF 5. Source(s): Eurostat; Statista Consumer Insights Survey: Sustainable Consumption (2021)

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