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Asian Convenience Store Market Outlook 2015
The modern retail outlets replacing the traditional unorganized retail outlets in various countries, have led to the widespread popularity of the convenience stores in the Asian market. The Asian convenience store industry has grown rapidly over the past few years, with consumers’ lifestyle heading towards modernity and large participation from market players. An increase in the number of convenience stores have also been fuelled by various factors like changing lifestyles, growing hectic schedules, favorable economic growth and increasing per capita income of the people, according to our latest report “Asian Convenience Store Market Outlook 2015”.
As per our study, we found that Hong Kong, South Korea, Taiwan, China, Malaysia, Philippines, Singapore, Thailand, Vietnam, India, Japan and Indonesia are the biggest retail markets of the Asian region. Also, the convenience store industry of these countries are witnessing fast developments, and presents huge potential for convenience store players. Thus, we have focused on these countries to study the Asian convenience store industry.
Our report provides retail market forecasts till 2015 for all these countries. According to our research, retail industry of Vietnam, India, China, Indonesia and Hong Kong are growing at a rapid pace, providing ample opportunities for convenience store players in these countries. Recent development of each country is also provided to have a clear scenario of the convenience store industry in all these countries. Further, the forecast for retail sales at convenience store till 2015 has also been incorporated for some of the countries.
Additionally, the report provides the total number of convenience stores along with the share of major players in the convenience store industry for various countries. Further, we have cross-checked our research outcome through telephonic interviews with various players all over the world. We have also observed that out of all the players, 7-Eleven is the most popular convenience store player, which has established its operations in most of the countries in the Asian market.
Our report has also provided a brief overview of the trends prevailing in the Asian convenience store industry, such as expansion in the convenience store numbers and growth of modern retail outlets. Competitive landscape with profiling of major convenience store players in the Asian convenience market is also included in the report. The section covers a brief business overview and the recent developments of the companies to track the latest industry activities of the players.
Thus, the report covers all the important aspects of the Asian convenience store market, which will prove decisive for the clients. Overall, the report is an outcome of extensive research and prudent analysis and is meant to offer suitable knowledge base to those who are interested in Asian convenience store industry.