Growth is good news - The Greeting Card Association
Transcription
Growth is good news - The Greeting Card Association
GCAannualreport&agm Growth is good news The annual GCA report shows greetings card industry is a major British success story with total value of more than £1.6billion. C ARD sales across the UK have increased in value to around £1.6billion according to the Greeting Card Association’s Annual Market Report which reveals a 7.77 per cent increase in the value of single card sales to almost £1.4bn. In his report preface, new GCA President Ged Mace said their “considered estimate of the Christmas boxed/pack card market is £200million at retail and 900million cards in volume, therefore arriving at a total market value of £1.6bn at retail for 2014”. Ged added: “This latest Market Report shows that the UK greetings card market continues to be a major British success story with a value of over £1.6bn at retail. ”The UK greetings card market is creative, vibrant, global, relevant and unique. Ofcom’s recent Communications Market Report has confirmed that greetings cards remain the preferred choice of the British public when it comes to expressing personal sentiment. “A hand-written message inside a real card carries far more significance and is regarded more highly by the recipient than an email or text could ever be. ”With the increase in GCA publisher members reporting sales figures based on Epos data, the figures are a true reflection of the market. ”As a nation, the UK public purchased a staggering 879 million single cards last year – the figures highlight the importance people place on sending Christmas cards as a key way of remembering friends at that time of year, with retail sales of single Christmas cards accounting for over £174m for the year 2014. “This represents an increase of 13 per cent on the previous year. Figures from 2012 onwards show the UK market has emerged from recession and is experiencing a sustained growth in sales across all occasions. “This upward trend signals an optimistic future for greetings cards which, of course, is great news for retailers, publishers, suppliers and investors in our industry.” The 2015 report, commissioned by the GCA to provide reliable figures for the industry based on members’ UK sales, covers January to December 2014 compared with 2013, and this year also includes data from 2011, to show year-on-year trends. The total value of single cards sold in the UK in 2014 stood at £1.39bn with 878.8 million single cards sold with value up 7.77 per send while volume is down 6.1 per cent compared with 2013. Everyday card sales account for 76 per cent of total sales, with an average retail price (ARP) of £1.55 compared to £1.44 in 2013. The overall value of Everyday card sales stood at £1.057bn, an increase of £34.6m on 2013. Christmas single cards increased by £44m to £174.6m, 13 per cent of total value sales, at £1.55 ARP compared to £1.44 in 2013. The report does not cover online print-on-demand card sales or Christmas cards sold in boxes or packs. It is managed by independent research body Ebiquity and has been sent to all GCA members and is available for non-members to buy. The report preface states: “The results of this survey concur with both UK Greetings’ and Hallmark’s – the two biggest publishers – own assessments of the size of the market. While all three sources have slightly different results, the overall picture is reasonably consistent with a combination of UKG and Hallmark views.” T: 020 7619 0396 www.greetingcardassociation.org.uk Clintons CEO leads AGM’s inspiring speakers A NEW president, fantastic views, the annual market report and inspiring and interesting speakers were the attractions for the biggest turnout yet at the Greeting Card Association AGM. dbye – and goo le with l Hello h Da a n n a H r ufe speake hris Ho sident C past pre outgoing GCA President Chris Clintons CEO Dominique Schurman was the star attraction on September 30 Houfe, of the Great British Card Company, to backed up by Wrendale Designs’ Hannah Dale, while Sunday Assembly founder l Star turns – new ce The Art File’s Ged Mace, and the confirmation of the officers and council and stand-up Sanderson Jones provided a light-hearted celebration of life and the president Ged Ma with Dominique members. business of spreading love, happiness and positivity. Schurman Ged’s first speech as President saw him thank Chris for his work, Dominique started by explaining how her life has been steeped in the greetings particularly helping establish Festive Friday and Thinking Of You Week, and he industry, with her parents setting up the Marcel Schurman Company importing cards presented an overview of the 2014 Market Report. as wholesalers, then opening the original Papyrus store in 1973. In his vision for the future he started by clearing up at comment made at last year’s AGM: Following a look at why people send cards, illustrated with family and personal history “Someone suggested we only have 10 years left as an industry – I completely disagree and anecdotes, Dominique compared the North American and UK markets noting that over with this statement. Looking around this room, I see talent, enthusiasm, experience and here the industry is growing at three per cent, against one per cent in the US. confidence and I know we have an incredible future because it’s up to us.” With 60m people in the UK the market is worth £1.4billion ($2.2bn) while the £3.9bn Self-confessed nerd Hannah captivated the audience with her story of rising from mum ($6bn) US market is shared across 330m people and she said: “The UK is the highest per and farmer’s wife to running a 13-employee, £2m turnover card and gift business inside capita greeting card market in the world with 39 cards per year per person being exchanged. three years – with a background of earning a double first in animal behaviour and vertebrate This is a wonderful fact. evolution at Cambridge, followed by a master’s degree at Oxford, and five years as an “The markets in total represent over $8bn (£5.3bn) in retail sales – truly a staggering number that investment banker looking after £500m portfolios. amplifies the fact that people love to connect with people in meaningful, lasting and personal ways.” The full AGM report and speeches from Dominique, Ged and Hannah can be read on More than 160 publisher and associate members made the trip to Altitude 360 at the www.greetingstoday.co.uk and photos are available on our Facebook page top of the Millbank Tower. The audience first had the serious business of the handover from 32 www.greetingstoday.co.uk www.facebook.com/greetingstodaymag @greetingstoday