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Retail subscription boxes across categories were one of the big winners in the first year of the pandemic, but many expected their popularity to fall away. Retail Week looks at how these services have adapted to changing customer behaviours.
Subscription surge. Consumer appetite for subscription services also shows no sign of abating. The most recent Subscription Box Market Report, published in June 2021 by Royal Mail, showed that the market had more than doubled in size in three years and that consumers across the UK spent more than £1.4bn on subscription boxes in 2020 alone.
22 cze 2021 · With subscribers getting 38 promotional offers per year on averaging — and accepting about half per the Index — consumer retail subscription service providers “collectively generate 563...
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9 sie 2021 · Consumers spent almost £1.4 billion on subscription box purchases in 2020 and delivery providers made just under 88 million subscription box deliveries to customers across the UK.
19 kwi 2023 · 1. Inflation is pushing consumers to reconsider their subscriptions. The retail subscription market is continuing to see strong growth, with subscription e-commerce forecast to generate more than $38 billion in revenue in 2023 -- more than double 2019 figures.