1. Market Research
  2. > Retail
  3. > Food Retailing Market Trends
  4. > Asian Convenience Store Market Forecast to 2012

Asian Convenience Store Market Forecast to 2012

  • November 2011
  • -


Table of Contents

The Asian Convenience Store (C-store) Industry has grown rapidly over the past few years with consumers’ lifestyle heading towards modernity and large participation from market players. Despite economic slowdown and financial crisis over the past few years, the Asian region has showed a splendid performance and the number of c-stores increased rapidly. Also the developed markets of the US and UK have become saturated with high C-store density posing a question mark over the industry’s growth potential. As a result, players have now started to look outside these markets and Asia represented the most lucrative C-store market with increasing consumers’ appetite for convenient shopping and surging sales of low priced non-traditional products providing a strong impetus to the development of industry.

According to our new research report, “Asian Convenience Store Market Forecast to 2012”, the Asian c-store industry is heading fast towards the development phase. South Korea, for example, is one of the fast growing markets for c-store as the country’s total retail sales reached to the mark of KRW 268.1 Trillion (US$ 227 Billion) during 2010. Growing retail sales and large consumer base following western life style have boosted the development of c-store sector and so the sales from this retail segment grew by around 7% to reach around KRW 7.5 Trillion (US$ 6.4 Billion) during 2010.

Even in countries like China, Indonesia, and Vietnam, the share of c-stores in total grocery outlets is less than 1%. Thus, an almost untapped market coupled with vast consumer base provides a highly lucrative opportunity for existing as well as new market players to gain early advantages.

The report covers all the necessary aspects of the Asian c-store industry. Further, our team of analysts has also placed all the necessary information prudently on the basis of reliable data. The report also facilitates comprehension of current trends prevailing in industry and their impact on future growth. A brief overview of consumer behavior in these countries has also been presented. Future growth areas, evaluated in the research report, will help intending clients to align their business strategies as per the changing market dynamics in the region.

Find all the market research you need - instantly, in one place.

+1.2 Million Research Documents & Statistics +200,000 Trusted Public Sources 350 Industries With Global Coverage

Get This Report

24/7 Customer Support

Talk to Clare

+1 718 303 2384

Purchase Reports From Reputable Market Research Publishers

Asian Convenience Store Market Outlook 2020

Asian Convenience Store Market Outlook 2020

  • $ 1 600
  • Industry report
  • July 2015
  • by RNCOS

The modern retail outlets replacing the traditional unorganized retail outlets in various countries, have led to the widespread popularity of convenience stores in the Asian market. Convenience stores ...

Convenience Stores UK  Industry report

Convenience Stores UK Industry report

  • $ 634
  • Industry report
  • August 2015
  • by Plimsoll Publishing Ltd UK

Plimsoll’s Convenience Stores (UK) analysis is the most definitive and accurate study of the Convenience Stores (UK) sector in 2015. The report is split into two sections and uses both a written and ...

Spar Australia Ltd in Retailing (Australia)

Spar Australia Ltd in Retailing (Australia)

  • $ 465
  • Industry report
  • May 2015
  • by Euromonitor International

Spar Australia Ltd will look to consolidate its position on the eastern seaboard of Australia through focussing on its supply chain, whilst looking to find solutions in servicing its franchises in more ...

ReportLinker is an award-winning market research solution that finds, filters and organizes the latest industry data so you get all the market research you need - quickly, in one place.