Verdict Research: UK Music & Video Retailers 2007 provides comprehensive analysis of the music & video market in the UK as consumers growing preference for digital downloads cuts demand for CDs. The report looks at the dynamics, growth trends and drivers, key indicators and profiles the top operators in the market including Asda, HMV, iTunes, Tesco, Virgin (Zavvi), and Woolworths.

Scope

Market size, inflation, sales, space and store numbers, 1997-2007. Includes category sales and forecasts to 2012. Sales through distribution channels including specialists, non-specialists, pureplay online retailers and grocers, and share of music & video spend. Analysis and strategic recommendations for key retailers, with market shares, store profile statistics and sales densities for 2002-2007.

Highlights

Following a highly challenging 2005, trading conditions for music & video retailers deteriorated further in 2006. The continued pressures of price deflation and weakening underlying demand for CDs and DVDs caused the market's value to fall by 7.6% over the year making it the worst performing sector by a considerable margin. While piracy will continue and CD volumes will decline further, most retailers are better placed to cope with market challenges. Many weaker players have fallen from the market, market leader HMV has invested heavily in its online offer and upgrading its store estate, and digital downloading is starting to pick up pace and has much potential. In the short term we expect next generation DVD will help stabilise the market. Though HD-DVD and Blu-ray are unlikely to cause a massive surge in sales to the extent DVD did when they hit the mass market, they will provide a stimulus, as hardware and software prices fall to mass market levels and more titles become available.

Reasons to Purchase

Assess the market's dynamics through robust, exclusive market share and market size data. Identify the growth prospects with detailed analysis of the key issues and drivers of the market. Understand each retailer's store portfolio, retail proposition and future outlook.