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Shopping around: Consumers will turn to department stores and e-commerce, hampering industry growth



Abstract

Small Specialty Retail Stores in the US

Operators in the Small Specialty Retail Stores industry sell a diverse range of products, from premium cigars to grave markers. Due to its fragmented nature, the industry is not driven by product-specific trends but rather by broad macroeconomic variables. Although, individual segments respond to specific shifts in consumer preferences. Over the five years to 2016, rising income and employment have boosted demand throughout the retail sector. Over five years to 2021, this industry is anticipated to continue its gradual decline. IBISWorld forecasts growth in consumer spending, while consumer confidence is anticipated to decline. Consequently, increasing levels of discretionary spending will be focused on price point over specialty.

Industry operators retail specialized lines of goods, such as kitchenware, art supplies, cigarettes and cigars, collectors’ items, fireworks, and trophies. This industry also includes general merchandise auction houses (except electronic auctions), but it excludes mass merchandisers, department stores, grocery stores, warehouse clubs and supercenters.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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Table Of Contents

Small Specialty Retail Stores in the US - Industry Market Research Report

TABLE OF CONTENTS

ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS and MARKETS
Supply Chain
Products and Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology and Systems
Revenue Volatility
Regulation and Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON and GLOSSARY

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