Category: Convenience Stores
Convenience Stores market research reports by Euromonitor International
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Convenience Retailers in the Czech Republic
In 2024, convenience retailers in the Czech Republic posted further growth in current value sales. Convenience stores registered strong growth, much faster than in 2023, although the increase in current value sales slowed in forecourt retailers. Overall, growth in 2022 and 2023 was mainly caused by ... Read More
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Convenience Retailers in Slovakia
In 2024, retail value sales in convenience stores increased, and outlet numbers continued to expand. However, rising price points and frugal shopping behaviour of Slovak households, impacted sales. This was combined with negative consumer sentiment, and uncertainty due to potential new taxes, negati ... Read More
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Convenience Retailers in South Korea
Convenience retailers in South Korea continued to see growth in outlet numbers and current value sales in 2024. The share of convenience retailers also continued to rise within overall offline retail. While forecourt retailers maintained value growth in 2024, it was convenience stores which continue ... Read More
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Convenience Retailers in Japan
In May 2023, the Japanese government reclassified COVID-19 from a Category 2 infectious disease, which was deemed extremely high-risk, to Category 5, aligning it with seasonal influenza. This significant change led to the relaxation of various pandemic measures, creating a widespread impression that ... Read More
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Convenience Retailers in Australia
While value sales of convenience retailers in Australia, both via convenience stores and forecourt retailers, recorded low growth in 2024, the number of outlets in the channel continued to rise. A number of retailers expanded their networks during the year, including Ampol Ltd, 7-Eleven Stores Pty L ... Read More
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Convenience Retailers in Saudi Arabia
Convenience retailers was the second fastest-growing grocery retail channel in Saudi Arabia over 2024, following the rapidly expanding discounter model. Players are capitalising on the rapid pace of urbanisation and infrastructure development in Saudi Arabia to expand their network of convenience st ... Read More
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Convenience Retailers in Indonesia
Convenience retailers saw current value growth in Indonesia in 2024. During the year, both outlet numbers and value sales rose in the category. Convenience stores and forecourt retailers experienced similar growth trends in 2024. The addition of outlets in areas outside Java by the two brands with t ... Read More
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Convenience Retailers in Singapore
Convenience retail in Singapore saw changes in its competitive landscape in 2024. South Korean convenience store chain Emart24 entered the country in December 2022, introducing an array of Korean snacks, ready-to-eat meals and beverages, alongside seating for patrons to consume their purchases on th ... Read More
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Convenience Retailers in Hong Kong, China
Despite a marginal decline in 2024, driven by the dominant convenience stores, value sales through convenience retailers in Hong Kong remained significantly higher than pre-pandemic levels, while the number of outlets continued to rise. The channel is appreciated for offering products at more compet ... Read More
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Convenience Retailers in Taiwan
The big news for convenience retailers in Taiwan in 2024 came from developments from Shopee. Taiwan’s convenience store market has traditionally been dominated by four major players (7-Eleven, Family Mart, Hi-Life, and OK Mart), but in recent years, Shopee, a leading e-commerce platform in Taiwan, h ... Read More
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Convenience Retailers in Vietnam
Convenience stores in Vietnam recorded sustained growth in 2024, particularly in major urban centres such as Ho Chi Minh and Hanoi. A busy and modern lifestyle fuels this trend, and younger consumers - especially Gen Z and students - are increasingly drawn to the wide product selection and air-condi ... Read More
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Convenience Retailers in Portugal
Convenience retailers benefitted from an ongoing increase in outlets in Portugal in 2024, which is cited to be at the detriment of small local grocers. This outlet expansion is due to partnerships with large distribution networks, with logistical support offered through the partnerships themselves, ... Read More
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Convenience Retailers in New Zealand
Convenience stores already charge higher prices compared to the modern channel, as consumers are normally willing to pay more at local stores where they stock up on a few essentials. With consumers becoming increasingly price sensitive in this economic climate, and prices rising, convenience stores ... Read More
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Convenience Retailers in Chile
Convenience retailers in Chile continued on its positive growth path in 2024, with brands enjoying an increase in both outlet and value sales terms. This trend was applicable to both convenience stores and forecourt retailers, driven by greater mobility and busy lifestyles. Convenience retailers ben ... Read More
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Convenience Retailers in Turkey
In 2024, convenience stores registered significant value sales growth in Turkey, driven in part by several new outlets opening. The compact size of these stores makes it easier to find suitable locations, and their widespread presence in numerous neighbourhoods allows them to capture market share fr ... Read More
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Convenience Retailers in Hungary
Following three years of robust growth, convenience retailers in Hungary posted a marginal decline in current value sales in 2024. While this downturn was partly explained by the easing of inflationary pressures, it also reflected the increasing challenge players in the dominant channel of convenien ... Read More
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Convenience Retailers in the Philippines
Convenience retailers in in the Philippines recorded a dynamic performance in current value terms in 2024. This was largely attributable to the aggressive activities of incumbent players, such as Philippine Seven Corp and SM Retail. which continued with their expansion plans for their 7-Eleven and A ... Read More
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Convenience Retailers in Malaysia
Convenience retailers in Malaysia continued to benefit from the opening of more stores located closer in terms of proximity to the neighbourhoods in which consumers live. Rapid expansion of closer proximity stores has been joined by aggressive promotional activities, in order to offer lower prices o ... Read More
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Convenience Retailers in Thailand
Urbanisation played a key role in supporting the growth of convenience stores in Thailand in 2024 with the channel seeing strong gains both in current value terms and in terms of the number of outlets. Increasingly hectic lifestyles and the rise of on-the-go consumption have significantly fuelled th ... Read More
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Convenience Retailers in Colombia
Convenience retailers are still a relatively new concept in Colombia. In 2024, this was the most dynamic channel within grocery retailing, driven by aggressive outlet expansion from the leading convenience chain OXXO, owned by Cadena Comercial OXXO Colombia SA. OXXO aimed to have over 620 outlets in ... Read More
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Convenience Retailers in Italy
Convenience stores in Italy saw positive growth in 2024 with an increase in current value terms and in the number of outlets. This growth was fuelled by Italian consumers returning to busier on-the-go lifestyles, with more consumers returning to the workplace in 2024. This growth was also fuelled by ... Read More
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Convenience Retailers in Sweden
Convenience retailers maintained positive growth in Sweden in 2024, albeit at lower value levels than seen in 2023 due to the stabilisation of prices in line with lowering inflation levels. In line with stabilising inflation and prices, consumers are seeing growing real wages and, once again, enjoyi ... Read More
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Convenience Retailers in Poland
Within convenience retailers in Poland, 2024 saw convenience stores navigating a challenging landscape characterised by fierce competition, aggressive price wars from discount retailers and subdued consumer demand. Despite these obstacles, their proximity to residential areas continues to be a signi ... Read More
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Convenience Retailers in Romania
Convenience retailers registered healthy current value growth in Romania in 2024, though constant value growth was much more modest. Though inflation eased, it was still significant, and consumers were cautious about their spending and prioritised the basics and appreciated the proximity of convenie ... Read More
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Convenience Retailers in Brazil
Convenience retailers in Brazil saw significant growth in revenue in recent years, and solid but slower growth was seen in 2024, as consumers looked to shop for essentials close to home. Both forecourt retailers and convenience stores saw growth in 2024, although the latter saw the better performanc ... Read More