Noida, UP India (PressExposure) February 24, 2011 -- The global c-store industry has shown tremendous growth during the past few years, particularly in the emerging economies of Asia. Penetration of the convenience stores in Asia is quite low with respect to other Western and European countries. Thus, an almost untapped market coupled with vast consumer base provides a highly lucrative marketplace for existing as well as new market players to gain early advantages. Among the Asian countries, China has witnessed substantial growth in the c-store industry. In future also, the Chinese convenience store industry is projected to register an impressive CAGR of around 21% during 2010-2012, says our research report "Global Convenience Store Market Analysis".
Our research reveals that the c-store sales in future will be heavily driven by food retail sales. Vast consumer base and strengthening spending power are expected to result in the fast development of the c-store industry. Our research report has also studied other factors that are driving growth in the Chinese convenience store industry. We have also studied the Chinese convenience store industry from the regional perspective. Our study has also analyzed the consumer behavior and the challenges, which are currently being faced by Chinese convenience store market.
"Global Convenience Store Market Analysis" provides an analysis on other Asian, European, and North American convenience store markets by segmenting them into emerging and mature markets. Various countries that have been analyzed under emerging markets along with China are India, South Korea, Hong Kong, Taiwan, Australia, Malaysia, the Philippines, Singapore, and Thailand. Under mature markets, the report has analyzed the US, Japan, the UK, France, Spain, Indonesia, and Vietnam.
For these countries, our study has also analyzed the future outlook of convenience store industry along with a brief overview on consumer behavior. Our report also provides an insight on future growth areas and challenges for the industry. This will help clients in aligning their business strategies as per the changing market dynamics. In addition, we have studied the growth drivers that will drive the overall convenience store industry.
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