{"id":1068259,"date":"2021-09-02T07:03:07","date_gmt":"2021-09-02T11:03:07","guid":{"rendered":"https:\/\/tamebay.com\/?p=101575"},"modified":"2021-09-02T07:03:07","modified_gmt":"2021-09-02T11:03:07","slug":"uk-subscription-box-market-report-from-royal-mail","status":"publish","type":"station","link":"https:\/\/platodata.io\/plato-data\/uk-subscription-box-market-report-from-royal-mail\/","title":{"rendered":"UK Subscription Box Market report from Royal Mail"},"content":{"rendered":"\n
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The UK Subscription Box Market report from Royal Mail is now out and reveals that consumers in London, West Midlands and Northern Ireland are most likely to be signed up to subscription services.<\/p>\n

You can download the full UK Subscription Box Market report from the Royal Mail website<\/a>, but more importantly don\u2019t forget that many marketplaces (including Amazon, Notonthehightstreet, Yumbles etc) offer subscription services to consumers so long as you make your marketplace offers available for subscriptions!<\/p>\n

Almost half (45%) of Londoners are signed up to at least one subscription box, followed by 37% and 36% of shoppers in the West Midlands and Northern Ireland, respectively.<\/p>\n

However, when it comes to the highest average number of subscription boxes per person, subscription box shoppers in the North East take top place at 5.2. Londoners come a close second signing up for 5 subscription boxes per person on average, followed by consumers in the East Midlands at 4.6.<\/p>\n

The UK subscription box market is set to be worth \u00a31.8 billion by 2025, according to Royal Mail\u2019s UK Subscription Box Market report. <\/p>\n

Retaining customers for the future<\/h2>\n

The popularity of subscription boxes remains strong with high levels of loyalty. Fewer than a quarter (24%) of subscription box shoppers said they intended to cancel their subscriptions any time soon. <\/p>\n

Retailers are also looking to make subscription boxes more popular by introducing more flexibility. For example, subscription retailers are increasingly looking to offer subscription box holidays for when the recipient either doesn\u2019t need any more of that item or if they are going to be away.<\/p>\n

Embracing sustainability for the future<\/h2>\n

As UK shoppers continue to embrace subscription-based models for goods and services, subscription box businesses are increasingly focusing on environmental, social and governance (ESG) requirements and keeping emissions low. <\/p>\n

With the UK\u2019s largest \u201cFeet on the Street\u201d network of over 85,000 postmen and women, Royal Mail already has the lowest reported CO2e emissions per parcel amongst major UK delivery companies.<\/p>\n

Bloom & Wild, for example, strongly embraces sustainability practices. Some of its initiatives include its 100% recyclable letterbox packaging, offsetting all of its carbon emissions and a strong focus on minimising waste by using sophisticated forecasting algorithms and eco sales for loyal customers.<\/p>\n

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\u201cIt\u2019s really important to our customers and our team that we minimise our impact. We\u2019re committed to our existing sustainability initiatives and are always looking at new ways to help us do that.\u201d<\/em>
\u2013 Henry Mower, Director of Fulfilment & Delivery, Bloom & Wild<\/strong><\/p>\n<\/blockquote>\n

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\u201cSubscription boxes have become a big part of many people\u2019s lives over the last year and we expect this trend to continue. At Royal Mail, we are well placed to support businesses as they introduce or scale up their subscription box models.<\/em><\/p>\n

With the UK\u2019s largest \u201cFeet on the Street\u201d network of over 85,000 postmen and women, Royal Mail is playing a key role in keeping carbon emissions low. A large proportion of subscription items are sent in smaller boxes and so are ideally suited for our low emission on-foot delivery service.\u201d
\u2013 Nick Landon, Chief Commercial Officer, Royal Mail<\/strong><\/p>\n<\/blockquote>\n

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\u201cThe popularity of subscription boxes soared during the pandemic, amid the more general acceleration in online retail growth. Subscription services minimised the need to go to shops when consumers felt less comfortable doing so, a trend that is expected to continue post-COVID-19 as shoppers opt for convenience.\u201d<\/em>
\u2013 Joseph Robinson, Retail Consulting Director, GlobalData<\/strong><\/p>\n<\/blockquote>\n

Source: https:\/\/tamebay.com\/2021\/09\/uk-subscription-box-market-report-from-royal-mail.html<\/a><\/p>\n","protected":false},"author":1,"featured_media":1068260,"template":"","meta":{"_eb_attr":"","type":"","auto_type":false,"post":"","stream":"","stream_url":"","waveform_data":[],"duration":0,"start":0,"end":0,"bpm":0,"downloadable":false,"download_url":"","purchase_title":"","purchase_url":"","post-count-all":0,"like_count":0,"download_count":0,"editor_note":"","copyright":"","captions":[],"sources":[]},"genre":[43595],"station_tag":[43567,3758,4262,4044,3761,4735,3719,4791,4054,4647,7064,3688,4148,3889,5657,7067,4000,3833,5621,4816,7156,7028,4652,16607,12620,4067,4068,4178,4072,3951,4181,3731,3801,6345,3650,3803,3953,5281,3653,4196,3805,3806,4856,3851,4450,3959,3658,6105,3913,3742,5112,3855,4096,3707,3916,44136,28054,4749,4857,4017,3744,4111,3866,5117,4788,4117,3975,3976,43661,5439,3779,4357,4414,3669,43757,4663,3671,3750,4465,3984,5443,6277,3784,3717],"artist":[45686],"mood":[],"activity":[],"_links":{"self":[{"href":"https:\/\/platodata.io\/wp-json\/wp\/v2\/station\/1068259"}],"collection":[{"href":"https:\/\/platodata.io\/wp-json\/wp\/v2\/station"}],"about":[{"href":"https:\/\/platodata.io\/wp-json\/wp\/v2\/types\/station"}],"author":[{"embeddable":true,"href":"https:\/\/platodata.io\/wp-json\/wp\/v2\/users\/1"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/platodata.io\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/platodata.io\/wp-json\/wp\/v2\/media?parent=1068259"}],"wp:term":[{"taxonomy":"genre","embeddable":true,"href":"https:\/\/platodata.io\/wp-json\/wp\/v2\/genre?post=1068259"},{"taxonomy":"station_tag","embeddable":true,"href":"https:\/\/platodata.io\/wp-json\/wp\/v2\/station_tag?post=1068259"},{"taxonomy":"artist","embeddable":true,"href":"https:\/\/platodata.io\/wp-json\/wp\/v2\/artist?post=1068259"},{"taxonomy":"mood","embeddable":true,"href":"https:\/\/platodata.io\/wp-json\/wp\/v2\/mood?post=1068259"},{"taxonomy":"activity","embeddable":true,"href":"https:\/\/platodata.io\/wp-json\/wp\/v2\/activity?post=1068259"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}