News

Ideas That Generate Results

US Convenience Store Industry to Register Over 7% CAGR Till 2013

Jan 13, 2010

Share |

In its latest research offering, "U.S. Convenience Stores Market Outlook to 2013", the global market research leader RNCOS evaluates the market potentials of convenience store industry in the US. The abstract analysis of various prominent market segments together exhibits a strongly performing and rapidly growing market that has shown strong resilience against economic slowdown.

We have thoroughly researched the US c-store industry and identified decisive market trends shaping the industry's current and future growth prospects. As discussed in report, motor fuel segment is currently dominating the overall c-store industry sales. In 2008, the segment captured over 72% share of entire c-stores revenues and is expected to further increase during our forecast period (2010-2013) amid various decisive factors analyzed thoroughly in the report.

In addition, the in-store sales growth has also well outpaced the sales growth of other retail formats in the country. However, in 2009, the in-store sales have suffered negative impact of economic slowdown but our analysis finds that the effects will be short-lived and the industry is forecasted to see an encouraging growth trend in coming years.
 
The report further reveals that, c-store industry is proving highly beneficial for its vertical industry segments. Increasing c-store gasoline theft has uplifted the demand of security devices. For example, RFID, CCTV, biometric sensors, etc. are being rapidly deployed in these stores for strengthening the security. The trend is expected to hold strong in future also, and we forecast a double digit growth in sales for almost all the security devices during 2010-2013.

Our report "U.S. Convenience Stores Market Outlook to 2013" provides extensive research and analytical study of the booming c-store industry in the US. Report facilitates both quantitative and qualitative evaluation of both ongoing and future projected industry. The report also covers the regional and state level analysis for the convenience store industry in the US. The separate future strategic analysis has also been included in the report to provide a clear snapshot of future market opportunities and challenges along with RNCOS' recommendations.

For more information visit: http://www.rncos.com/Report/IM184.htm


Media Citation

get in touch

Please fill-in the information below.