Market Overview:
The global convenience store retailing market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The market growth can be attributed to the increasing demand for convenience store services from residential, office buildings, school, transportation hub and other applications. Moreover, the growing trend of online grocery shopping is also anticipated to fuel the demand for convenience stores in the coming years. North America dominates the global convenience store retailing market and is expected to maintain its dominance throughout the forecast period 2018-2030.
Product Definition:
Convenience store retailing is the sale of merchandise from a small, stand-alone store. The merchandise is typically convenience items such as snacks, cigarettes, and soft drinks. Convenience store retailing is important because it provides an easily accessible location for purchasing these types of items.
Retailing Food:
Retailing food is the business of keeping fresh, frozen, and processed foods in a retail store. The primary customers for this service are residential consumers who require these products on a daily basis.
The global retailing food market has witnessed significant growth over the past few years owing to changing lifestyles and rising demand for ready-to-eat meals that do not require much preparation time.
Grocery Retailing:
Grocery retailing is the selling of food products such as fresh fruits and vegetables, dairy, bakery items, frozen foods and meat at retail prices. The global grocery retail market was valued at USD 4 trillion in 2016. It is expected to grow at a CAGR of XX% from 2017 to 2025 owing to changing lifestyle along with increasing purchasing power of consumers.
Application Insights:
The transportation hub application segment led the global convenience store retailing market in 2017. Transportation hubs are expected to witness significant growth over the coming years owing to increasing passenger traffic and roadways. The growing population, coupled with rising income levels, is anticipated to drive demand for convenient stores at transportation centers, thereby influencing industry growth.
The residential application segment accounted for a share of 28.1% of the total revenue in 2017 and is projected to expand at a CAGR of XX% from 2018 to 2030 globally due largelyto high urbanization rates in developing countries such as China and India along with stable economic policies that have supported household construction activities over recent years (2017-2030). Furthermore, easy access provided by existing shopping malls & hypermarkets will also support retail expansion projects by convenience stores operators over the forecast period (2018-2030).
Regional Analysis:
Europe dominated the global market in 2017. The region is expected to retain its dominance over the forecast period as well due to increasing demand for convenient food products from major countries such as U.K., Germany, and France among others. Asia Pacific is projected to be the fastest-growing regional market at a CAGR of XX% from 2018 to 2030 owing to rising disposable income levels and changing consumer behavior patterns in emerging economies including China and India among others. Moreover, increasing investments by leading convenience store retailers such as A1 Express Services Pvt Ltd.; 7-Eleven Inc.; Hong Kong based Dairy Farm International Limited; Japan Tobacco Inc.; and convenience store chain Lawson Inc., are also driving growth across this region.
Growth Factors:
- Increasing urbanization: The convenience store retailing market is expected to benefit from the increasing trend of urbanization, as consumers shift towards convenient and easily accessible shopping formats.
- Rising disposable income: Convenience stores are becoming popular among consumers due to their low prices and easy access, which is resulting in an increase in disposable incomes. This is likely to drive the growth of the convenience store retailing market over the forecast period.
- Proliferation of small format stores: The proliferation of small format stores, such as mom-and-pop stores and independent retailers, is providing a boost to the convenience store retailing market. These small format stores are offering a wide range of products and services at competitive prices, which is attracting consumers towards them.
- Growing demand for prepared food items: The demand for prepared food items has been growing rapidly in recent years owing to changing lifestyles and busy schedules among consumers across all age groups worldwide . This trend is benefiting the convenience store retailing market as these stores offer a wide range of prepared food items that cater to various taste preferences . 5) Technological advancements: Convenience store retailers are increasingly adopting innovative technologies such as mobile payments systems and self-checkout counters in order to improve customer experience and increase sales
Scope Of The Report
Report Attributes
Report Details
Report Title
Convenience Store Retailing Market Research Report
By Type
Retailing Food, Grocery Retailing
By Application
Residential, Office Buildings, School, Transportation Hub, Other
By Companies
7-Eleven, Pyaterochka, Lawson, Magnit, FamilyMart, Circle K, USmile, Shell, Spar, Oxxo, Speedway, Casey's General Stores, Americanas Express, Ampm, Love's, Carrefour SA, Tesco Express, The Co-op Group (Food), Dixy, Sainsbury`s Local, Lewiatan, Meiyijia, Alfa, Indomaret, GS25, Easy Joy, Zoom, Yellow, Lulu Express, Alonit, OK Grocer, FreshStop, Adnoc Oasis, Quickshop
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
180
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Convenience Store Retailing Market Report Segments:
The global Convenience Store Retailing market is segmented on the basis of:
Types
Retailing Food, Grocery Retailing
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Office Buildings, School, Transportation Hub, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 7-Eleven
- Pyaterochka
- Lawson
- Magnit
- FamilyMart
- Circle K
- USmile
- Shell
- Spar
- Oxxo
- Speedway
- Casey's General Stores
- Americanas Express
- Ampm
- Love's
- Carrefour SA
- Tesco Express
- The Co-op Group (Food)
- Dixy
- Sainsbury`s Local
- Lewiatan
- Meiyijia
- Alfa
- Indomaret
- GS25
- Easy Joy
- Zoom
- Yellow
- Lulu Express
- Alonit
- OK Grocer
- FreshStop
- Adnoc Oasis
- Quickshop
Highlights of The Convenience Store Retailing Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Retailing Food
- Grocery Retailing
- By Application:
- Residential
- Office Buildings
- School
- Transportation Hub
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Convenience Store Retailing Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Convenience store retailing is the sale of cigarettes, alcohol, and other related items to customers who are not licensed to purchase these items from a liquor store or grocery.
Some of the major players in the convenience store retailing market are 7-Eleven, Pyaterochka, Lawson, Magnit, FamilyMart, Circle K, USmile, Shell, Spar, Oxxo, Speedway, Casey's General Stores, Americanas Express, Ampm, Love's, Carrefour SA, Tesco Express, The Co-op Group (Food), Dixy, Sainsbury`s Local, Lewiatan, Meiyijia, Alfa, Indomaret, GS25, Easy Joy, Zoom, Yellow, Lulu Express, Alonit, OK Grocer, FreshStop, Adnoc Oasis, Quickshop.
The convenience store retailing market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Convenience Store Retailing Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Convenience Store Retailing Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Convenience Store Retailing Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Convenience Store Retailing Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Convenience Store Retailing Market Size & Forecast, 2018-2028
4.5.1 Convenience Store Retailing Market Size and Y-o-Y Growth
4.5.2 Convenience Store Retailing Market Absolute $ Opportunity
Chapter 5 Global Convenience Store Retailing Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Convenience Store Retailing Market Size Forecast by Type
5.2.1 Retailing Food
5.2.2 Grocery Retailing
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Convenience Store Retailing Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Convenience Store Retailing Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Office Buildings
6.2.3 School
6.2.4 Transportation Hub
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Convenience Store Retailing Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Convenience Store Retailing Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Convenience Store Retailing Analysis and Forecast
9.1 Introduction
9.2 North America Convenience Store Retailing Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Convenience Store Retailing Market Size Forecast by Type
9.6.1 Retailing Food
9.6.2 Grocery Retailing
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Convenience Store Retailing Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Office Buildings
9.10.3 School
9.10.4 Transportation Hub
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Convenience Store Retailing Analysis and Forecast
10.1 Introduction
10.2 Europe Convenience Store Retailing Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Convenience Store Retailing Market Size Forecast by Type
10.6.1 Retailing Food
10.6.2 Grocery Retailing
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Convenience Store Retailing Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Office Buildings
10.10.3 School
10.10.4 Transportation Hub
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Convenience Store Retailing Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Convenience Store Retailing Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Convenience Store Retailing Market Size Forecast by Type
11.6.1 Retailing Food
11.6.2 Grocery Retailing
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Convenience Store Retailing Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Office Buildings
11.10.3 School
11.10.4 Transportation Hub
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Convenience Store Retailing Analysis and Forecast
12.1 Introduction
12.2 Latin America Convenience Store Retailing Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Convenience Store Retailing Market Size Forecast by Type
12.6.1 Retailing Food
12.6.2 Grocery Retailing
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Convenience Store Retailing Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Office Buildings
12.10.3 School
12.10.4 Transportation Hub
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Convenience Store Retailing Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Convenience Store Retailing Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Convenience Store Retailing Market Size Forecast by Type
13.6.1 Retailing Food
13.6.2 Grocery Retailing
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Convenience Store Retailing Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Office Buildings
13.10.3 School
13.10.4 Transportation Hub
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Convenience Store Retailing Market: Competitive Dashboard
14.2 Global Convenience Store Retailing Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 7-Eleven
14.3.2 Pyaterochka
14.3.3 Lawson
14.3.4 Magnit
14.3.5 FamilyMart
14.3.6 Circle K
14.3.7 USmile
14.3.8 Shell
14.3.9 Spar
14.3.10 Oxxo
14.3.11 Speedway
14.3.12 Casey's General Stores
14.3.13 Americanas Express
14.3.14 Ampm
14.3.15 Love's
14.3.16 Carrefour SA
14.3.17 Tesco Express
14.3.18 The Co-op Group (Food)
14.3.19 Dixy
14.3.20 Sainsbury`s Local
14.3.21 Lewiatan
14.3.22 Meiyijia
14.3.23 Alfa
14.3.24 Indomaret
14.3.25 GS25
14.3.26 Easy Joy
14.3.27 Zoom
14.3.28 Yellow
14.3.29 Lulu Express
14.3.30 Alonit
14.3.31 OK Grocer
14.3.32 FreshStop
14.3.33 Adnoc Oasis
14.3.34 Quickshop
