Market Research Report
Global Convenience Stores Retailing, 2017-2022: Market Size, Forecasts, Trends, and Competitive Landscape
|Published by||GlobalData||Product code||854027|
|Published||Content info||63 Pages
Delivery time: 1-2 business days
|Global Convenience Stores Retailing, 2017-2022: Market Size, Forecasts, Trends, and Competitive Landscape|
|Published: April 30, 2019||Content info: 63 Pages||
Global retail sales through the convenience stores channel reached US$3,256 billion in 2017, rising 6.7% on 2016, and are projected to register a CAGR of 8.5% over the forecast period 2017-2022 to reach US$4,902 billion in 2022. Increasing consumer affinity towards smaller format stores that offer convenience is driving sales in the channel. Moreover, the global recovery in economic growth, coupled with rapid urbanization, has contributed considerably towards the growth of convenience stores in the past few years. Against this backdrop, convenience stores are projected to gain share of the total retail market. Sales through convenience stores reached 20.0% of the total retail sales in 2017 and are projected to gain share to 22.0% in 2022.
"Global Convenience Stores Retailing, 2017-2022", report published by GlobalData, provides analysis of current and forecast market data for Convenience store retail sales globally.
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