Consumer spending on footwear in the United Kingdom (UK) demonstrated a gradual annual increase since 2005, except for a significant decrease in 2020. In 2023, expenditure on footwear was worth over 10.9 billion British pounds, which was an increase on the previous year. Most recent data on UK households shows that majority of footwear purchases took place in outlets, including online channels of large supermarket chains.
Physical stores for footwear lose out
Spending on footwear goes up every year in the UK, but the number of retail stores for footwear displays the opposite trend. In the past 10 years, more than 800 enterprises selling footwear and leather goods in the UK disappeared. Considering the share of retail sales made online in this segment, the decline in the number of stores doesn’t come as a surprise.
Online shopping for footwear
Consumers move towards online in their footwear purchases, and for reasons other than mere convenience. A survey conducted in 2018 in the UK revealed that a wider variety of available products and cheaper prices were what gave online shopping an advantage over physical stores in the eyes of consumers.
Annual expenditure on footwear in the United Kingdom (UK) from 2005 to 2023, based on volume
(in million GBP)
Household final consumption expenditure based on chained volume measures (seasonally adjusted). Figures are given here in volume terms rather than value terms to give a better picture of whether households purchased more or less goods and services over the period in consideration.
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Office for National Statistics (UK). (March 28, 2024). Annual expenditure on footwear in the United Kingdom (UK) from 2005 to 2023, based on volume (in million GBP) [Graph]. In Statista. Retrieved November 09, 2024, from https://www.statista.com/statistics/300845/annual-expenditure-on-footwear-in-the-united-kingdom-uk/
Office for National Statistics (UK). "Annual expenditure on footwear in the United Kingdom (UK) from 2005 to 2023, based on volume (in million GBP)." Chart. March 28, 2024. Statista. Accessed November 09, 2024. https://www.statista.com/statistics/300845/annual-expenditure-on-footwear-in-the-united-kingdom-uk/
Office for National Statistics (UK). (2024). Annual expenditure on footwear in the United Kingdom (UK) from 2005 to 2023, based on volume (in million GBP). Statista. Statista Inc.. Accessed: November 09, 2024. https://www.statista.com/statistics/300845/annual-expenditure-on-footwear-in-the-united-kingdom-uk/
Office for National Statistics (UK). "Annual Expenditure on Footwear in The United Kingdom (Uk) from 2005 to 2023, Based on Volume (in Million Gbp)." Statista, Statista Inc., 28 Mar 2024, https://www.statista.com/statistics/300845/annual-expenditure-on-footwear-in-the-united-kingdom-uk/
Office for National Statistics (UK), Annual expenditure on footwear in the United Kingdom (UK) from 2005 to 2023, based on volume (in million GBP) Statista, https://www.statista.com/statistics/300845/annual-expenditure-on-footwear-in-the-united-kingdom-uk/ (last visited November 09, 2024)
Annual expenditure on footwear in the United Kingdom (UK) from 2005 to 2023, based on volume (in million GBP) [Graph], Office for National Statistics (UK), March 28, 2024. [Online]. Available: https://www.statista.com/statistics/300845/annual-expenditure-on-footwear-in-the-united-kingdom-uk/
