British Lifestyles Market Report 2023
£ 2,195 (Excl.Tax)
When purchasing 2 reports
When purchasing 3 reports
When purchasing 4+ reports
£ 2,195 (Excl.Tax)
Stay ahead of the curve and future-proof your business with Mintel’s UK British Lifestyles Market Report 2023. Our full report is packed with consumer-led market intelligence, the latest British Lifestyle trends and consumer behaviours affecting your business. Get a 360° view of consumer spending across multiple categories, including BPC, food and drink, retail, leisure and household.
The rising cost of living and successive interest rate rises mean the pressure on consumer finances has not let up in 2023, and more serious effects have now spilt over to include middle- and higher-income mortgage holders. In every month of 2023 so far, Brits are more likely to feel worse off, than better off, than the year before.
Despite the continued squeeze on incomes, Brits are still intent on buying quality goods and services. Most say that they would opt to purchase products or experiences less frequently or wait for them to be on offer, rather than purchasing a cheaper version of lesser quality if they had to make cuts to spending across a range of categories.
Despite over a third of adults reporting that they are spending less on holidays now compared to last year, holidays are still the top priority in discretionary spending. Holidays offer an ideal escape from everyday life, and this mental break is even more appealing after the hardships of the past few years.
This report, written by Francesca Smith, a leading consumer lifestyle analyst, delivers in-depth commentary and analysis to highlight British lifestyle trends and add expert context to the numbers.
Brits have been feeling the pinch of the cost-of-living crisis for a sustained period of time now, and for many, the ability to spend freely has almost completely disappeared. Essential categories, such as housing and groceries, are driving inflation and dominating consumer budgets. As a result, we expect the real value of consumer spending to fall in 2023.”
Francesca Smith
Senior Consumer Lifestyles Research Analyst
Mintel provides a range of market information, frequently through the category level, including market size and forecasting, complete with market drivers that illustrate the forces that shape a category or market.
Mintel’s proprietary consumer research provides our analysts with the attitudinal and behavioral data used to provide valuable insight to topical issues.
Mintel provides overviews of the top brands and manufacturers, and uses consumer research to explore attitudes and reactions to brands, as well as insight into what will resonate with consumers.
Market reports provide appendices of data to support the research and insight produced. Our databooks* are easily manipulated and downloadable to support your research needs and covers factors from consumer attitudes to market forecasts.
*databooks not available with UK B2B Industry reports.
Please Note: This is a sample report. All of the figures, graphs, and tables have been redacted. Our reports are available to download in PDF and PPT formats.