Developing Regions Driving Global C-Store Industry, Asia-Pacific to Hold SwayBy: Shushmul Maheshwari
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Developing Regions Driving Global C-Store Industry, Asia-Pacific to Hold Sway
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The global convenience store (C-store) market is expected to grow at a rapid pace on the back of expanding organized retailing and increasing share of modern retail outlets, as per our new research report “Global Convenience Store Market Analysis”. However, the future of c-store market depends on emerging trends of modern retailing in developing regions, particularly the Asia-Pacific region.
The report said that the growth of C-store market in the Asia-Pacific region will be driven the changing lifestyle and increasing domestic consumption as the purchasing power of middle class population is rapidly increasing. But this new shift towards modern retailing in Asia will be dominated by China and India.
The C-store retail market in China is developing rapidly with the entrance of many foreign players such as 7-Eleven but the room for expansion in the tier-one cities is very limited. Consequently, both foreign and domestic C-store chains are focusing on tier-two cities to expand their business operations, says our research report.
In India, the rising demand for c-stores and services will foster growth among the large retailers who are fast expanding in the country. Moreover, several big domestic retail companies are planning to expand their chain of c-stores throughout the country in coming years. Foreign players are also taking benefit of liberalized retail sector and setting up their bases in the country.
“Global Convenience Store Market Analysis” gives detailed and rational analysis on the booming C-store market at the global level, comprising of the individual c-store market in Asia, Europe and North America. It gives an overview on the consumer behavior and helps clients in analyzing the market trends in c-store retailing across the world. The report further provides information on future growth areas and challenges for the industry that help clients to align their business strategies as per the changing market dynamics.
Our comprehensive research report further provides forecast on c-store sales and service stations industry by region.
For more information visit: http://www.rncos.com/Report/IM119.htm
Current Industry News: http://www.rncos.com/Blog/http://www.rncos.com/ |
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| Keywords |
Global Convenience Store Market Analysis, Global Convenience Store, Global Convenience Industry, Global Convenience Store Market |
| Category |
Business |
| Submission Date |
Jan 23, 2009 |
| Article Contact Name |
Shushmul Maheshwari || send email to Shushmul Maheshwari
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Other links at Business |
| 2. |
RNCOS Releases a New Report- Global Convenience Store Market Analysis
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RNCOS has recently added a new Market Research Report titled, "Global Convenience Store Market Analysis" to its report gallery. The report provides extensive analysis on the booming c-store market. It provides an insight into the c-store industry across Asia, Europe and North America, and gives a brief overview on the consumer behavior. The report helps the client analyze the trends in c-store retailing across the world and identify the key emerging markets. Future growth areas and challenges for the industry mentioned in the research help the client to align their business strategies as per the changing market dynamics.
Rapid economic development, along with booming retail industry, has been propelling the growth of convenience store (c-store) industry across the world. The global c-store industry has shown tremendous growth over the past few years, particularly in the emerging economies of Asia. Moreover, the increasing share of modern retail outlets and emerging trends in organized retailing are anticipated to drive the industry further in near future.
Key Findings
- Increasing trend of organized retailing will drive the growth of c-store industry in the world. By 2011, modern retail trade is expected to account for more than 55% share in overall retail industry Asia alone.
- The c-store industry has reached the mature stage in most of the developed countries of Europe and North America.
- Asia remains the fastest growing c-store market in the world as the major Asian retail markets registered explosive growth in opening up of new convenience store.
- Changing consumer preferences, lifestyle and rising income level, which is heavily influenced by economic growth, remains the major driving force for c-store industry in the Asian region.
- China remains the largest market for c-store industry after Japan in Asia. China recorded a CAGR increase of 15.28% in the number of c-stores during 2004-2006.
Key Issues Analyzed
- Overview on different retail formats (traditional and modern).
- Market size of the c-store industry with regional segregation.
- Country-wise analysis of the c-store industry.
- Study of consumer behavior in different countries.
- Analysis of the factors responsible for the growth of c-store industry.
- Challenges for the c-store industry.
Research Methodology Used
Information Sources
Information has been sourced from books, newspapers, trade journals, and white papers, industry portals, government agencies, trade associations, monitoring industry news and developments, and through access to more than 3000 paid databases.
Analysis Methods
The analysis methods include ratio analysis, historical trend analysis, linear regression analysis using software tools, judgmental forecasting, and cause and effect analysis.
For FREE SAMPLE of this report visit: http://rncos.com/Report/IM119.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
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| 3. |
RNCOS Releases a New Report- U.S. Convenience Stores Market Outlook to 2013
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RNCOS has recently added a new Market Research Report titled, "U.S. Convenience Stores Market Outlook to 2013" to its report gallery. RNCOS has recently released its new research report, “U.S. Convenience Stores Market Outlook to 2013”. It is an exhaustive study on the expanding reach of convenience stores in the US. According to the report, Convenience Stores constituted around 13% of the total retail sales in 2008 and this share is expected to rise in future. The rising store count is creating new opportunities for industries like RFID, CCTV and biometrics also.
The total Convenience Store sales in the US include motor fuel sales and in-store sales. Motor fuel sales made up for 70.8% whereas in-store sales accounted for approx 29.2% in total Convenience Store sales in 2007. Convenience Store industry is dominated by single store business or franchise. At regional level, the southern US states continue to lead the Convenience Store industry.
As per the report, Convenience Store operators have started to take differentiating strategic moves to improve operations, enhance performance and to position themselves at the forefront. However, the changing nature of convenience retailing and the margin pressures brought on by encroaching competitive formats is leading to Convenience Store industry consolidation.
This report is an in-depth study and evaluation of the past, current and future market trends in the US Convenience Store industry. It rationally analyzes the proliferating Convenience Store market and helps clients to analyze the opportunities and factors critical to its success in the US.
The report also provides industry forecast and estimates on various segments, including:
- Retail sales
- Convenience Store sales
- In-store sales
- Per head GDP
Key Players Profiling
This section covers key facts about major players operating in the US Convenience Store industry, such as 7-Eleven Inc, The Kroger, Shell Oil Products US, and Sunoco, Inc.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM184.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
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Indian Footwear Market to Grow at 19% CAGR
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According to our new research report “Indian Footwear Market Forecast to 2012”, with growing demand for children and women footwear, the Indian footwear retail market is projected to grow at a CAGR of about 19% between 2009 and 2012. Low cost of footwear production is another major advantage with India which will help in sustaining footwear demand in near future.
India has tremendous untapped potential in the ladies and kids footwear segment. Moreover, no organized retailing chain has the national presence in either of these categories. Of the total footwear market, ladies’ shoes account for almost 40% wherein unorganized segment constitutes 80%-90% of the market, indicating immense marketing opportunities for organized players. As the Indian woman becoming more brand-conscious as opposed to the past state of being product-conscious, a large number of internationally renowned players are expected to enter the market to fill this widening gap. Given India’s very young population, the market for children footwear is also attractive for new organized players to enter and earn supernormal profits.
Besides, women in India are becoming a key decision maker for most of the retail buying like footwear as their role in family planning and contribution to income is increasing. They have also been found doing impulsive buying for their kids during their visit to shopping malls. Thus, this changing trend will definitely help in raising the demand for footwear in India.
“Indian Footwear Market Forecast to 2012” provides reliable and objective analysis on the trends and performance of the Indian footwear market. It gives intensive qualitative and quantitative evaluation of the market. The report also discusses all the key parameters and gives segment-wise forecasts like Men’s, Women’s and Children’s, mass, casual and premium footwear etc.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM004.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
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| 5. |
Indian Automobile Sector - A Booming Market
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De-licensing in 1991 has put the Indian automobile industry on a new growth track, attracting foreign auto giants to set up their production facilities in the country to take advantage of various benefits it offers. This took the Indian automobile production from 5.3 Million Units in 2001-02 to 10.8 Million Units in 2007-08. The other reasons attracting global auto manufacturers to India are the country’s large middle class population, growing earning power, strong technological capability and availability of trained manpower at competitive prices. These are the major findings of our new report, "Indian Automobile Sector - A Booming Market”
In 2006-07, the Indian automotive industry provided direct employment to more than 300,000 people, exported auto component worth around US$ 2.87 Billion, and contributed 5% to the GDP. Due to this large contribution of the industry in the national economy, the Indian government lifted the requirement of forging joint ventures for foreign companies, which attracted global to the Indian market to establish their plants, resulting in heightened automobile production.
The Indian automobile market is currently dominated by two-wheeler segment but in future, the demand for passenger cars and commercial vehicles will increase with industrial development. Also, as India has low vehicle presence (with passenger car stock of only around 11 per 1,000 population in 2008), it possesses substantial potential for growth.
Key Research Highlights
- Passenger car production in India is projected to cross three million units in 2014-15.
- Sales of passenger cars during 2008-09 to 2015-16 are expected to grow at a CAGR of around 10%.
- Export of passenger cars is anticipated to rise more than the domestic sales during 2008-09 to 2015-16.
- Motorcycle sales will perform positively in future, exceeding 10 Million units by 2012-13.
- Value of auto component exports is likely to attain a double digit figure in 2012-13.
- Turnover of the Indian auto component industry is forecasted to surpass US$ 50 Billion in 2014-15.
Key Issues & Facts Analyzed in the Report
- Study of the Indian automobile industry structure.
- Analysis of performance of industry sub-segments and their future outlook.
- Understanding the Indian auto component market and its growth aspects.
- Evaluation of factors fuelling growth in the Indian automobile market.
- Discussion of the forces countering the market growth.
- Identification of future prospects for the Indian automobile industry.
Research Methodology Used in the Report
Information Sources
The information has been sourced from various authentic and reliable sources like books, newspapers, trade journals and white papers, industry portals, government agencies, trade associations, monitoring industry news and developments, and through access to more than 3000 paid databases.
Analysis Method
RNCOS industry forecast and analysis is based on various macro- and microeconomic factors, sector and industry specific databases, and our in-house statistical and analytical model. This model takes into account the past and current trends in an economy, and more specifically in an industry, to bring out an objective market analysis.
Our industry experts study the relationship between various industry and economic variables to ensure the required accuracy and desired check on the quality of data and information given in the report.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM526.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
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