The UK subscription box market is forecast to grow by 72% by the end of 2022, according to a report by Royal Mail on the UK Subscription Box Boom.
The market is forecast to be valued at £1 billion by 2022, compared to £583 million estimated spend in 2017.
This is good news for sustainable and green logistics businesses, which are ideally placed to support the growth in e-commerce, given the UK’s world-leading position in online retail.
This rapid growth is being driven by several factors, such as the increasing popularity of e-commerce and social media. In addition, subscription boxes are becoming increasingly popular as a gifting option.
According to Royal Mail, 27.4 % of UK consumers are currently signed up to a subscription box service, either for themselves or on behalf of somebody else.
Male grooming and beauty subscription services offer the biggest growth opportunities in the market. Male grooming subscriptions could attract almost two million members by 2022, making them the fastest growing subscription category.
There are several types of subscription box business models with the most common categories being:
1. Food and drink boxes
2. Beauty boxes
3. Fashion boxes
4. Lifestyle boxes
5. Hobby and activity boxes
Engaging with a sustainable 3PL like Green Fulfilment can ensure your business is investing in a highly reliable and experienced partner, which is one less thing for you to worry about.
And when it comes to your customer’s box opening experience we ensure the box is assembled to exact specifications and all boxes are 100% consistent to that spec.
When it comes to timelines and you are looking to do a bulk despatch of your boxes on a given day, we will make sure the assembly is complete and shipping team are booked to ensure the all-important deadline is made.
Wherever you are in your business, investing in a third-party logistics provider supports your growth and peace of mind.
Green Fulfilment are experts in sustainable logistics and can support your business with scalable solutions, whether you’re just starting out or are an established business.
We have a range of sustainable packaging options to suit your business needs including recycled, recyclable, and compostable materials. Get in touch with our team today to discuss more on how we can help you and your business.
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