Report Published: “Defense Spending in the United Kingdom”
The company’s Smirnoff Red remained the same but registered at 1% volume sales decline in 2012 compared to marginal growth in 2011. Sales were bolstered by the increasing popularity of flavoured vodka. Smirnoff Vanilla, which was launched in late 2011, made significant gains throughout 2012 as consumer awareness increased following a strong advertising campaign. As a consequence, however, there was a fall in share for other Smirnoff variants such as Smirnoff Blue, its share remained marginal but its sales declined by a sharp 46%. Volume sales of spirits declined by 1% in 2012. Manufacturers faced a number of challenges, including growing price pressure, numerous pub closures and restricted consumer budgets. As a result, it was no surprise that the on-trade performed considerably poorer than the off-trade, with the former registering a fall of 3% in volume sales, albeit slightly up on last year’s performance. Inevitably, with consumers looking to save money, sales migrated from the expensive on-trade channel to the off-trade. The off-trade was boosted by the growing popularity of cocktails and increased spirits consumption at home. Spirits faces two combined threats, in common with all alcoholic drinks, over the forecast period. The first, a long-term trend, is that of consumers’ increasing health awareness, with many seeking to cut back on their alcohol consumption. The second is the uncertainty of the economic climate over the next five years. Given that spirits are some of the most expensive products in the alcoholic drinks market, this trend is perhaps more threatening to this category than to any other. Consequently, the off-trade is predicted to have a positive volume CAGR of 1% and a decline of 1% annually in the on-trade.
The pop icon represented the United Kingdom at the Eurovision Song Contest this year with Believe in Me. Born in Skewen, South Wales she has released over sixteen studio albums. Her biggest successes include the album Faster Than The Speed Of Night in 1983, which included multi-platinum selling power ballads Total Eclipse Of The Heart and Holding Out For A Hero. Simon Darlow, Chairman of BASCA commented -I love the Gold Badge Awards! They are warmly given to those who contribute so much, often behind the scenes, to make our business so successful. It’s an honour and a pleasure for BASCA to give these awards in celebration of their achievements. Robert Ashcroft, Chief Executive of PRS for Music said :The Gold Badge Awards celebrate those from across the business, who through their professional endeavours, benefit the work of songwriters and composers. Film production, art work, industry and legal support to management and performance all have a crucial part to play in keeping British music on a global stage. The recipients this year are all worthy winners and Im delighted we have the chance to celebrate and recognise their contribution. Stay tuned to esctoday.com for more news and information on Bonnie Tyler and the Eurovision Song Contest . About the author Robin Scott I attended my first Eurovision Song Contest in 1995, and from 1996 presented daily live reports for radio stations from the event. Since then I have been providing material from everywhere the contest has been held.
The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Essential resource for top-line data and analysis covering the United Kingdom defense spending market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information. View Full Report Details and Table of Contents Highlights – Defense spending covers capital items, military personnel, government defense agencies, and related expenditure on defense and peacekeeping. The defense market is segmented to include expenditure on: personnel; equipment; infrastructure; and other expenditure (which represents all other spending). Volume is measured as the active serving personnel in the national army, air force, navy (including marines and coast guard) and other elements of the service, such as Joint Staff. Any currency conversions used in the creation of this report have been calculated using constant 2012 annual average exchange rates. – UK defense spending had a total budget allocation of $60.8bn in 2012, representing a compound annual growth rate (CAGR) of 1.8% between 2008 and 2012. – Personnel numbers remained largely stagnant during 2008 and 2012, with a compound annual rate of change (CARC) of less than -0.1%, resulting in a total of 159,931 in 2012. – The performance of the market is forecast to decelerate, with an anticipated CAGR of 1.2% for the five-year period 2012 – 2017, which is expected to drive the market to a value of $64.7bn by the end of 2017. Features Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the defense spending market in the United Kingdom Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the defense spending market in the United Kingdom Leading company profiles reveal details of key defense spending market players’ global operations and financial performance Add weight to presentations and pitches by understanding the future growth prospects of the United Kingdom defense spending market with five year forecasts by both value and volume Macroeconomic indicators provide insight into general trends within the United Kingdom economy Key Questions Answered What was the size of the United Kingdom defense spending market by value in 2012? What will be the size of the United Kingdom defense spending market in 2017?