Convenience Store Market

Convenience Store Market

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The global convenience store market size was USD 1,360.4 Bn in 2022 and is anticipated to reach USD 2,321.9 Bn by 2031, expanding at a CAGR of 6.12%, during the forecast period 2023-2031. The market growth is attributed to the increasing demand for convenience stores in emerging economies due to the rising population and increasing consumer disposable income.

Convenience stores are also known as corner stores, corner shops, or C-store. A convenience store is a small retail store that sells a limited range of basic items. These items consist of various packaged foods and drugstore items such as prepared and ready-to-eat food, bottled and fountain beverages, tobacco products, over-the-counter medicines, and household staples. Convenience stores provide various services that consumer needs in their daily life. These services include money order services, wire transfers, and photocopier or fax machine services. 

Convenience Store Market Market Outlook

Which Major Factors are Likely to Drive the Demand for Convenience Store market?

Exports and Imports

Export and import of any product are important factors that affect the economy. The cost of export and import of products depends on the tax levied on the products. Export taxes on raw materials increases the cost of goods, which then increases the price of the end product. For example, an export tax levied on the price of exotic products demanded by consumers increases the price of the overall product. The export and import tax has an effect on the supply chain of the product. 

Growing Population

The growing population has increased the demand for different products, such as cosmetics products, medicines, bread, milk, soaps, batteries, and other essential products for daily usage. These products are indirectly or directly used by consumers. Therefore, high growth in population leads to high demand for various products at convenience stores.

Disposable Income

Increasing urbanization and the rising disposable income of consumers are driving the convenience stores market. Consumers are willing to pay more in order to get high-quality products and services. The rise in disposable income of the consumers leads them to high expenditure on goods and services, resulting in overall growth in the consumption of the products.

Demand and Supply

The supply and demand for products at convenience stores are rising. These products are widely used in daily household tasks. During the COVID-19 outbreak, the supply chain was disrupted, as a global lockdown was imposed by governments, causing a shutdown of manufacturing industries and decreased sales of in-store shopping at convenience stores.

Convenience Store Market Dynamics

What are the Key Factors Propelling the Global Convenience Store Market?

Advancement in technology

Convenience stores offer necessary items, allow for quick purchases, and offer a wide variety of consumable products. The availability of standardized brands and products in convenience stores is attracting a large number of consumers. Additionally, consumers prefer visiting convenience stores, as all goods and services are available under one roof, along with an option of home delivery. Moreover, the safe and secure store environment and automated AI solutions attract consumers.

Rising population of working-class people across the globe

Convenience stores are ideal for working-class people, as it acts as a one-stop shop and several consumers prefer visiting these stores for last-minute needs. Convenience stores are available in airport kiosks, downtown bodegas, and other locations. Travelers and locals rely on convenience stores for last-minute items. These stores allow for fast and easy transactions. Changing lifestyles of people, the use of advanced technology, and optimum location is driving the convenience stores market.

What are the major challenges of the Global Convenience Store Market?

Increasing prices of products

The prices of the products differ and it creates a budget crunch for consumers owing to the store’s location and hidden or extra charges on payments. Moreover, the inventory loss associated with convenience stores is enormous. The Global Report survey (2020) found that 33% of adults are working from home, 25% have a hybrid work mode, and 42% lost their jobs during the pandemic or are unemployed. Almost two-thirds of employees preferred to continue working from home, as it saved trips to the stores, and preferred to shop on online stores or websites, resulting in revenue loss for convenience stores which leads to hampering the global market.

What are the Growth Opportunities in the Global Convenience Store Market?

Rising population and investment in a franchise

High economic growth in emerging markets increased the demand for convenience stores. The population density in urban areas and the rising investments in retail business in various developed and developing nations are creating opportunities for market players. The demand for franchises across the globe is rising, as it helps businesses expand and eliminate all associated risks with operating only one store.

Scope of Convenience Store Market Report

The report on the Global Convenience Store Market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Convenience Store Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast

Base Year

2022

Historic Data

2020 and 2021

Forecast Period

2023–2031

Segmentation

Product Type (Tobacco products, Food service, Packaged Beverages, Candy and snacks, Beer, and Others), Age Group (Consumers [Below 25], [25 to 44], [45 to 64], and [65 and Above]), Convenience Store Type (Forecourt Convenience Stores, Mini Convenience Store, Limited Selection Convenience Store, Traditional Convenience Store, Expanded Convenience Store, Hyper Convenience Store, and Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered

Eleven, Wawa, Inc., EG America, Casey's Retail Company, Cumberland Farms, Al Madina Hypermarket, FamilyMart Co., Ltd., Alimentation Couche-Tard Inc., Parkland Corporation, GPM Investments, LLC.

Convenience Store Market Segment Insights

What Key Factors Contribute to the Significant Expansion of the Product Type Segment?

Growing demand for essential products

Based on product type, the convenience store market is segmented into tobacco products, food service, packaged beverages, candy and snacks, beer, and others. The tobacco products segment is projected to expand at a significant CAGR during the forecast period, due to the growing demand for tobacco products and cigarettes among young consumers. The beer segment and packaged beverages segments are anticipated to expand at a substantial CAGR in the near future, due to increasing consumer spending on beer and packaged beverages.

Convenience Store Market Product Types

Which Major Factors influence the Significant Growth of the age group Segment?

Increasing spending on cigarette and beer by Young Consumers

Based on age group, the convenience stores market is segregated into consumers (below 25), (25 to 44), (45 to 64), and (65 and above). The consumers (below 25) segment is projected to expand at a significant pace CAGR during the forecast period, due to the growing demand for packaged food and cigarette among young consumers. The consumers (25 to 44) segment is expected to hold a major share of the market in the near future, due to the rising working-class population with a hectic life schedule and growing demand for frozen food among consumers.

What are the Main Aspects for Boosting the Convenience Store Type Segment?

On the basis of convenience store type, the market is fragmented into the forecourt convenience store, mini convenience store, limited selection convenience store, traditional convenience store, expanded convenience store, and hyper convenience store. The forecourt convenience store segment is anticipated to expand at a significant CAGR during the forecast period due to the growing number of motorists and travelers. A high preference for convenience stores by motorists and travelers is driving the market.

The expanded convenience store segment is anticipated to grow at a significant pace of CAGR in the near future, due to the availability of a large number of grocery products, sufficient parking space, and sitting areas that attract different categories of customers such as women, senior citizens, and college-going students.

Convenience Store Market Store Type

Why is North America dominating the Global Convenience Store Market?

Increasing number of convenience store chains 

In terms of regions, the Global Convenience Store Market is divided into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. The market in North America is projected to expand at a significant CAGR during the forecast period. The number of convenience store chains in the US has been growing at a fast pace in the next few years, as they are located close to consumers’ homes, thus making them easily accessible.

Europe accounts for a substantial share of the market, due to the introduction of convenience formats by major grocery chains to attract customers by offering high standards of convenience. This, in turn, is fueling the market. Growing usage of niche convenience channels by retailers is boosting the market.

The market in Asia Pacific is expected to expand at a significant rate during the forecast period, due to growing digitalization and technological advancements thus fueling the market in Asia Pacific. In 2019, Tech start-ups and companies with strong digital capabilities provided a boost to the competitiveness of traditional and informal grocery retailers in the developing retail environment.

The market in the Middle East & Africa (MEA) is projected to grow in the near future due to rising internet penetration and growing infrastructural development. Convenience stores offer shopping comfort and convenience to their customers, which is expected to propel the market.

Convenience Store Market Region

Key Benefits for Industry Participants & Stakeholders:

  • In-depth Analysis of the Global Convenience Store Market
  • Historical, Current, and Projected Market Size in terms of Value.
  • Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
  • Industry Drivers, Restraints, and Opportunities Covered in the Study
  • Recent Industry Trends and Developments
  • Competitive Landscape & Strategies of Key Players
  • Neutral Perspective on Global Convenience Store Market Performance

Segments

Product Types

  • Tobacco products
  • Food service
  • Packaged Beverages
  • Candy and Snacks
  • Beer
  • Others

Age Group

  • Consumers [Below 25]
  • Consumers [25 to 44]
  • Consumers [45 to 64]
  • Consumers [65 and Above]

Convenience Store Type

  • Forecourt Convenience Stores
  • Mini Convenience Store
  • Limited Selection Convenience Store
  • Traditional Convenience Store
  • Expanded Convenience Store
  • Hyper Convenience Store
  • Others

 Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Key Players

  • 7-Eleven Inc
  • Wawa, Inc
  • EG Group
  • Casey’s Retail Company
  • Cumberland Farms
  • Al Madina Hypermarket
  • FamilyMart Co., Ltd
  • Alimentation
  • Couche-Tard
  • Parkland Corporation
  • GPM Investments, LLC.

Competitive Landscape

  • Top players in the market include 7-Eleven Inc., Wawa, Inc., EG Group, Casey’s Retail Company, Cumberland Farms, Al Madina Hypermarket, FamilyMart Co., Ltd., Alimentation, Couche-Tard, Parkland Corporation, and GPM Investments, LLC.
  • The market is characterized by the presence of new as well as established market players. Key market players operating in the convenience store market are focusing on various strategies such as mergers, partnerships, and acquisitions, among others.
  • The players are adopting key strategies such as acquisition, collaborations, and geographical expansion where potential opportunity for the Global Convenience Store Market.

Convenience Store Market Key Players

Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Convenience Store Market Overview
   4.1 Introduction
      4.1.1 Market Taxonomy
      4.1.2 Market Definition
      4.1.3 Macro-Economic Factors Impacting the Market Growth
   4.2 Convenience Store Market Dynamics
      4.2.1 Market Drivers
      4.2.2 Market Restraints
      4.2.3 Market Opportunity
   4.3 Convenience Store Market - Supply Chain Analysis
      4.3.1 List of Key Suppliers
      4.3.2 List of Key Distributors
      4.3.3 List of Key Consumers

4.4 Key Forces Shaping the Convenience Store Market
      4.4.1 Bargaining Power of Suppliers
      4.4.2 Bargaining Power of Buyers
      4.4.3 Threat of Substitution
      4.4.4 Threat of New Entrants
      4.4.5 Competitive Rivalry
   4.5 Global Convenience Store Market Size & Forecast, 2015-2030
      4.5.1 Convenience Store Market Size and Y-o-Y Growth
      4.5.2 Convenience Store Market Absolute $ Opportunity
   4.6 Consumer Buying Behavior Analysis
      4.6.1 Forecourt Convenience Stores
      4.6.2 Traditional Convenience Stores
   4.7 E-Commerce in Convenience Stores: Key Insights
      4.7.1 Last Mile Customer Deliveries from Convenience Stores: Global Overview
      4.7.2 Buy Online, Pick In Stores (BOPIS) Trends
    4.8 Differentiated Products & Service Offering Trends
       4.8.1 Product Offerings: (Quality, Packaging)
       4.8.2 Non-Convenience Services at Fuel Forecourts
          4.8.2.1 ATMs
          4.8.2.2 Car Washings
          4.8.2.3 Others
        4.8.3 Non-Convenience Services at Traditional Convenience Stores
          4.8.3.1 ATMs
          4.8.3.2 Coffee Shops
          4.8.3.3 Salon
          4.8.3.4 Automobile Repair Services
          4.8.3.5 Others
    4.9 Customer Retention Tactics & Trends
       4.9.1 Loyalty Card
       4.9.2 Other Methods (Personalised Experience, Continue Conversation, Others)
    4.10 Convenience Store Layouts
       4.10.1 RaceTrack Layouts
       4.10.2 Grid Layouts
       4.10.3 Diagonal Layouts
       4.10.4 Angular Layouts
       4.10.5 Geometric Layouts
       4.10.6 Mixed Floor Plans
    4.11 In-store research-based Case Studies
       4.11.1 Neuromarketing: Convenience Stores Insights
           4.11.1.1 Nonconscious Goals and Consumer Choice
           4.11.1.2 Visual Attention Heatmaps
    4.12 Strategic Adoption in Convenience Stores
       4.12.1 Increasing Capabilities
       4.12.2 Rising Automation
       4.12.3 Digitalization
       4.12.4 Others
    4.13 Supply Chain Networks: Current and Future Trends




Chapter 5 Global Convenience Store Market Analysis and Forecast By Product Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities By Product Type
      5.1.2 Basis Point Share (BPS) Analysis By Product Type
      5.1.3 Absolute $ Opportunity Assessment By Product Type
   5.2 Convenience Store Market Size Forecast By Product Type
      5.2.1 Tobacco products
      5.2.2 Food Service
      5.2.3 Packaged Beverages
      5.2.4 Candy and snacks
      5.2.5 Beer
      5.2.6 Others
   5.3 Market Attractiveness Analysis By Product Type
Chapter 6 Global Convenience Store Market Analysis and Forecast By Age Group
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities By Age Group
      6.1.2 Basis Point Share (BPS) Analysis By Age Group
      6.1.3 Absolute $ Opportunity Assessment By Age Group
   6.2 Convenience Store Market Size Forecast By Age Group
      6.2.1 Consumers (Below 25)
      6.2.2 (25 to 44)
      6.2.3 (45 to 64)
      6.2.4 (65 and Above)
   6.3 Market Attractiveness Analysis By Age Group
Chapter 7 Global Convenience Store Market Analysis and Forecast By Convenience Store Type
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities By Convenience Store Type
      7.1.2 Basis Point Share (BPS) Analysis By Convenience Store Type
      7.1.3 Absolute $ Opportunity Assessment By Convenience Store Type
   7.2 Convenience Store Market Size Forecast By Convenience Store Type
      7.2.1 Forecourt Convenience Stores
      7.2.2 Mini Convenience Store
      7.2.3 Limited Selection Convenience Store
      7.2.4 Traditional Convenience Store
      7.2.5 Expanded Convenience Store
      7.2.6 Hyper Convenience Store
      7.2.7 Others
   7.3 Market Attractiveness Analysis By Convenience Store Type
Chapter 8 Global Convenience Store Market Analysis and Forecast by Region
   8.1 Introduction
      8.1.1 Key Market Trends & Growth Opportunities by Region
      8.1.2 Basis Point Share (BPS) Analysis by Region
      8.1.3 Absolute $ Opportunity Assessment by Region
   8.2 Convenience Store Market Size Forecast by Region
      8.2.1 North America
      8.2.2 Europe
      8.2.3 Asia Pacific
      8.2.4 Latin America
      8.2.5 Middle East & Africa (MEA)
   8.3 Market Attractiveness Analysis by Region
Chapter 9 Coronavirus Disease (COVID-19) Impact
   9.1 Introduction
   9.2 Current & Future Impact Analysis
   9.3 Economic Impact Analysis
   9.4 Government Policies
   9.5 Investment Scenario
Chapter 10 North America Convenience Store Analysis and Forecast
   10.1 Introduction
   10.2 North America Convenience Store Market Size Forecast by Country
      10.2.1 U.S.
      10.2.2 Canada
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 North America Convenience Store Market Size Forecast By Product Type
      10.6.1 Tobacco products
      10.6.2 Food Service
      10.6.3 Packaged Beverages
      10.6.4 Candy and snacks
      10.6.5 Beer
      10.6.6 Others
   10.7 Basis Point Share (BPS) Analysis By Product Type
   10.8 Absolute $ Opportunity Assessment By Product Type
   10.9 Market Attractiveness Analysis By Product Type
   10.10 North America Convenience Store Market Size Forecast By Age Group
      10.10.1 Consumers (Below 25)
      10.10.2 (25 to 44)
      10.10.3 (45 to 64)
      10.10.4 (65 and Above)
   10.11 Basis Point Share (BPS) Analysis By Age Group
   10.12 Absolute $ Opportunity Assessment By Age Group
   10.13 Market Attractiveness Analysis By Age Group
   10.14 North America Convenience Store Market Size Forecast By Convenience Store Type
      10.14.1 Forecourt Convenience Stores
      10.14.2 Mini Convenience Store
      10.14.3 Limited Selection Convenience Store
      10.14.4 Traditional Convenience Store
      10.14.5 Expanded Convenience Store
      10.14.6 Hyper Convenience Store
      10.14.7 Others
   10.15 Basis Point Share (BPS) Analysis By Convenience Store Type
   10.16 Absolute $ Opportunity Assessment By Convenience Store Type
   10.17 Market Attractiveness Analysis By Convenience Store Type
Chapter 11 Europe Convenience Store Analysis and Forecast
   11.1 Introduction
   11.2 Europe Convenience Store Market Size Forecast by Country
      11.2.1 Germany
      11.2.2 France
      11.2.3 Italy
      11.2.4 U.K.
      11.2.5 Spain
      11.2.6 Russia
      11.2.7 Rest of Europe
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Europe Convenience Store Market Size Forecast By Product Type
      11.6.1 Tobacco products
      11.6.2 Food Service
      11.6.3 Packaged Beverages
      11.6.4 Candy and snacks
      11.6.5 Beer
      11.6.6 Others
   11.7 Basis Point Share (BPS) Analysis By Product Type
   11.8 Absolute $ Opportunity Assessment By Product Type
   11.9 Market Attractiveness Analysis By Product Type
   11.10 Europe Convenience Store Market Size Forecast By Age Group
      11.10.1 Consumers (Below 25)
      11.10.2 (25 to 44)
      11.10.3 (45 to 64)
      11.10.4 (65 and Above)
   11.11 Basis Point Share (BPS) Analysis By Age Group
   11.12 Absolute $ Opportunity Assessment By Age Group
   11.13 Market Attractiveness Analysis By Age Group
   11.14 Europe Convenience Store Market Size Forecast By Convenience Store Type
      11.14.1 Forecourt Convenience Stores
      11.14.2 Mini Convenience Store
      11.14.3 Limited Selection Convenience Store
      11.14.4 Traditional Convenience Store
      11.14.5 Expanded Convenience Store
      11.14.6 Hyper Convenience Store
      11.14.7 Others
   11.15 Basis Point Share (BPS) Analysis By Convenience Store Type
   11.16 Absolute $ Opportunity Assessment By Convenience Store Type
   11.17 Market Attractiveness Analysis By Convenience Store Type
Chapter 12 Asia Pacific Convenience Store Analysis and Forecast
   12.1 Introduction
   12.2 Asia Pacific Convenience Store Market Size Forecast by Country
      12.2.1 China
      12.2.2 Japan
      12.2.3 South Korea
      12.2.4 India
      12.2.5 Australia
      12.2.6 South East Asia (SEA)
      12.2.7 Rest of Asia Pacific (APAC)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Asia Pacific Convenience Store Market Size Forecast By Product Type
      12.6.1 Tobacco products
      12.6.2 Food Service
      12.6.3 Packaged Beverages
      12.6.4 Candy and snacks
      12.6.5 Beer
      12.6.6 Others
   12.7 Basis Point Share (BPS) Analysis By Product Type
   12.8 Absolute $ Opportunity Assessment By Product Type
   12.9 Market Attractiveness Analysis By Product Type
   12.10 Asia Pacific Convenience Store Market Size Forecast By Age Group
      12.10.1 Consumers (Below 25)
      12.10.2 (25 to 44)
      12.10.3 (45 to 64)
      12.10.4 (65 and Above)
   12.11 Basis Point Share (BPS) Analysis By Age Group
   12.12 Absolute $ Opportunity Assessment By Age Group
   12.13 Market Attractiveness Analysis By Age Group
   12.14 Asia Pacific Convenience Store Market Size Forecast By Convenience Store Type
      12.14.1 Forecourt Convenience Stores
      12.14.2 Mini Convenience Store
      12.14.3 Limited Selection Convenience Store
      12.14.4 Traditional Convenience Store
      12.14.5 Expanded Convenience Store
      12.14.6 Hyper Convenience Store
      12.14.7 Others
   12.15 Basis Point Share (BPS) Analysis By Convenience Store Type
   12.16 Absolute $ Opportunity Assessment By Convenience Store Type
   12.17 Market Attractiveness Analysis By Convenience Store Type
Chapter 13 Latin America Convenience Store Analysis and Forecast
   13.1 Introduction
   13.2 Latin America Convenience Store Market Size Forecast by Country
      13.2.1 Brazil
      13.2.2 Mexico
      13.2.3 Rest of Latin America (LATAM)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Latin America Convenience Store Market Size Forecast By Product Type
      13.6.1 Tobacco products
      13.6.2 Food Service
      13.6.3 Packaged Beverages
      13.6.4 Candy and snacks
      13.6.5 Beer
      13.6.6 Others
   13.7 Basis Point Share (BPS) Analysis By Product Type
   13.8 Absolute $ Opportunity Assessment By Product Type
   13.9 Market Attractiveness Analysis By Product Type
   13.10 Latin America Convenience Store Market Size Forecast By Age Group
      13.10.1 Consumers (Below 25)
      13.10.2 (25 to 44)
      13.10.3 (45 to 64)
      13.10.4 (65 and Above)
   13.11 Basis Point Share (BPS) Analysis By Age Group
   13.12 Absolute $ Opportunity Assessment By Age Group
   13.13 Market Attractiveness Analysis By Age Group
   13.14 Latin America Convenience Store Market Size Forecast By Convenience Store Type
      13.14.1 Forecourt Convenience Stores
      13.14.2 Mini Convenience Store
      13.14.3 Limited Selection Convenience Store
      13.14.4 Traditional Convenience Store
      13.14.5 Expanded Convenience Store
      13.14.6 Hyper Convenience Store
      13.14.7 Others
   13.15 Basis Point Share (BPS) Analysis By Convenience Store Type
   13.16 Absolute $ Opportunity Assessment By Convenience Store Type
   13.17 Market Attractiveness Analysis By Convenience Store Type
Chapter 14 Middle East & Africa (MEA) Convenience Store Analysis and Forecast
   14.1 Introduction
   14.2 Middle East & Africa (MEA) Convenience Store Market Size Forecast by Country
      14.2.1 Saudi Arabia
      14.2.2 South Africa
      14.2.3 UAE
      14.2.4 Rest of Middle East & Africa (MEA)
   14.3 Basis Point Share (BPS) Analysis by Country
   14.4 Absolute $ Opportunity Assessment by Country
   14.5 Market Attractiveness Analysis by Country
   14.6 Middle East & Africa (MEA) Convenience Store Market Size Forecast By Product Type
      14.6.1 Tobacco products
      14.6.2 Food Service
      14.6.3 Packaged Beverages
      14.6.4 Candy and snacks
      14.6.5 Beer
      14.6.6 Others
   14.7 Basis Point Share (BPS) Analysis By Product Type
   14.8 Absolute $ Opportunity Assessment By Product Type
   14.9 Market Attractiveness Analysis By Product Type
   14.10 Middle East & Africa (MEA) Convenience Store Market Size Forecast By Age Group
      14.10.1 Consumers (Below 25)
      14.10.2 (25 to 44)
      14.10.3 (45 to 64)
      14.10.4 (65 and Above)
   14.11 Basis Point Share (BPS) Analysis By Age Group
   14.12 Absolute $ Opportunity Assessment By Age Group
   14.13 Market Attractiveness Analysis By Age Group
   14.14 Middle East & Africa (MEA) Convenience Store Market Size Forecast By Convenience Store Type
      14.14.1 Forecourt Convenience Stores
      14.14.2 Mini Convenience Store
      14.14.3 Limited Selection Convenience Store
      14.14.4 Traditional Convenience Store
      14.14.5 Expanded Convenience Store
      14.14.6 Hyper Convenience Store
      14.14.7 Others
   14.15 Basis Point Share (BPS) Analysis By Convenience Store Type
   14.16 Absolute $ Opportunity Assessment By Convenience Store Type
   14.17 Market Attractiveness Analysis By Convenience Store Type
Chapter 15 Competition Landscape
   15.1 Convenience Store Market: Competitive Dashboard
   15.2 Global Convenience Store Market: Market Share Analysis, 2021
   15.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
      15.3.1 Eleven
      15.3.2 Wawa, Inc.
      15.3.3 EG America
      15.3.4 Casey's Retail Company
      15.3.5 Cumberland Farms
      15.3.6 Al Madina Hypermarket
      15.3.7 FamilyMart Co., Ltd.
      15.3.8 Alimentation Couche-Tard Inc.
      15.3.9 Parkland Corporation
      15.3.10 GPM Investments, LLC

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FAQ Section

Some frequently asked questions about this report!

Key players competing in the global market are Eleven, Wawa, Inc., EG America, Casey's Retail Company, Cumberland Farms, Al Madina Hypermarket, FamilyMart Co., Ltd., Alimentation Couche-Tard Inc., Parkland Corporation, and GPM Investments, LLC.

North America is likely to dominate the Convenience Store market during the forecast period.

Rising population of working-class people and Increasing investment in franchise are the major factors expected to drive the market growth during the forecast period.

Based on Convenience Store type, Forecourt Convenience Store segment held the major market share in 2022

The convenience store market is expected to reach USD 2,321.9 bn expanding at a CAGR of 6.12% by the end of 2031.