Global Convenience Store Market Forecast to Reach USD 48.1 Billion by 2024

New York, USA, 2018-Oct-05 — /EPR Network/ —According to Goldstein Research, global convenience store industry is expected to reach USD 48.1 billion by 2024, growing at a CAGR of 0.28% over the forecast period 2016-2024. The factors such as longer open hours and requiring small area to sell multiple varieties of products are primarily driving the growth of the market. Global convenience store market segmentation has been done on the basis of product type, store type, and geography. Gasoline accounted for the largest market of 53.2% in 2016 and tobacco is estimated to be the most opportunistic segment to grow at a CAGR of 1.3% over the forecast period. Global convenience store market is largely dominated by North America with a market share of 34.0% in 2016. North America accounts for the largest number of convenient stores across the globe. It is closely followed by Europe with the U.K. having maximum convenient stores across Europe.

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Market Segmentation

Global Convenience Store Market can be segmented as follows:

By Types of Product

  • Gasoline
  • Food
  • Fresh
  • Packed
  • Beverages
  • Tobacco
  • Snacks and Refreshments
  • Grocery items
  • Financial services

By Type of Store

  • Kiosks
  • Mini Convenience Store
  • Limited Selection Convenience Store
  • Traditional Convenience Store
  • Expanded Convenience Store
  • Hyper Convenience Store

By Region

  • North America Convenience Store Market Analysis, 2016-2024
  • Global Convenience Store Market Analysis, 2016-2024
  • Middle East And Africa Convenience Store Market Analysis, 2016-2024
  • Latin America Convenience Store Market Analysis, 2016-2024
  • Asia Pacific Convenience Store Market Analysis, 2016-2024
  • Rest Of The World Convenience Store Market Analysis, 2016-2024

“Global Convenience Store Market Outlook 2024” contains a broad overview of the global convenience store market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by types of product, types of store and geography.

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The Global Convenience Store Market Report highlights the competitive outlook of major global players that includes the business strategies, product portfolio, revenue distribution, financial analysis, R&D activities, and investments. The comprehensive analysis of the convenience store market report is drafted as per the clients to help them in assessing their business strategies in the competitive environment.

Major players of the global convenience store market analyzed in the report are 7-Eleven Inc, Speedway, Casey’s general STORE Inc, Alimentation couche-tard, Murphy USA Inc, Best-One, Convenience retail Asia, Amazon Go, Bargain Booze select convenience, Sunoco LP, Gasbuddy, BGF retail, etc.

Further, Global convenience store market trends report encompasses the key factors driving the growth of the market, opportunities in the market and the factors posing threats & challenges to the market. The Convenience Store Market Outlook also comprises the market dynamics, risk analysis, SWOT analysis, USP analysis, BPS Analysis & market attractiveness. Report further also includes the expert analysis and remarks showcasing the complete overview of the market based on intensive analysis of political, economic, social, technological, environmental & legal factors of each region in the market.

About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts.

Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview.

Our analysts working on consumer goods industry analysis report to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

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