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Direct-to-consumer sales worth £96bn for UK manufacturing in 2020

Direct-to-consumer sales to give manufacturing industry £24bn boost by 2023

6 mins read

The FINANCIAL -- Direct-to-consumer sales worth £96bn for UK manufacturing in 2020, and set to grow to £120bn in 2023. 57% of consumers now choosing to buy direct from manufacturers. 85 million packages will be sent direct-to-consumer by manufacturers this year as logistics companies also benefit. New Barclays Corporate Banking research gives cause for optimism after a tough 2020: average manufacturer earnings have fallen by 26% this year, and headcount by 19%. A boom in manufacturers selling direct-to-consumer (D2C) will provide a £24bn boost to the industry’s coffers by 2023, research from Barclays Corporate Banking reveals today.…

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Direct-to-consumer sales to give manufacturing industry £24bn boost by 2023

6 mins read

The FINANCIAL -- Direct-to-consumer sales worth £96bn for UK manufacturing in 2020, and set to grow to £120bn in 2023. 57% of consumers now choosing to buy direct from manufacturers. 85 million packages will be sent direct-to-consumer by manufacturers this year as logistics companies also benefit. New Barclays Corporate Banking research gives cause for optimism after a tough 2020:…