Category: Convenience Stores
Convenience Stores market research reports by Euromonitor International
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Where Consumers Shop for Alcoholic Drinks
Where Consumers Shop for Alcoholic Drinks A fall in volumes in 2023 suggests an end to post-pandemic momentum in alcoholic drinks. On-trade recovery has stalled, hampered by the impact of sustained cost of living pressures in addition to existing behavioural change. Distribution patterns also reflec ... Read More
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Megatrends: Convenience – Impact on Consumer Goods and Services Categories
Megatrends: Convenience – Impact on Consumer Goods and Services Categories As the impacts of technology advance and some consumer habits that started in 2020-2021 solidify, new industries feel the impact of greater demand for Convenience. In this briefing, we will analyse how this megatrend has shap ... Read More
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Convenience Retailers in Sweden
Convenience Retailers in Sweden Historically high inflation rates created huge challenges for convenience retailers in Sweden towards the end of the review period. As consumers started to plan their purchases more carefully and show a preference for discounters and large format stores, convenience f ... Read More
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Where Consumers Shop for Soft Drinks
Where Consumers Shop for Soft Drinks Consumers still value physical stores for trust, immediacy, and convenience. Small local grocers remain crucial, especially in developing countries. At the same time, on-the-go consumption is recovering, with convenience stores benefiting. Online sales are rising ... Read More
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Convenience Retailers in Germany
Convenience Retailers in Germany Convenience retailers in Germany recorded a resilient performance in 2023, despite a slowdown compared to the rapid growth witnessed in 2022 when cultural, leisure and professional events, including major trade, resumed at full capacity following heavy disruptions du ... Read More
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Convenience Retailers in South Korea
Convenience Retailers in South Korea Convenience retailers maintained dynamic growth in current value terms and in terms of outlet numbers in South Korea in 2023. The number of convenience retailers surpassed 50,000 in 2021, and this figure increased to nearly 60,000 in 2023. The increase in outlet ... Read More
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Convenience Retailers in Ireland
Convenience Retailers in Ireland Inflationary pressures, notably in food, drove value growth in convenience retailers in 2023. Here we note the cost of everyday essentials, such as butter, milk, flour, and eggs. While this supports value sales due to the higher prices, retailers in the channel have ... Read More
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Convenience Retailers in Saudi Arabia
Convenience Retailers in Saudi Arabia Due in part to Saudi Arabia’s Vision 2030 strategy the Kingdom is experiencing accelerated population growth and internal migration toward concentrated metropolitan areas. This has presented opportunities for quality-focused convenience stores to operate in area ... Read More
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Convenience Retailers in the United Kingdom
Convenience Retailers in the United Kingdom Despite price increases as a result of inflation that continued to drive the local population to adopt more conscious spending patterns in 2023, convenience retailers in the UK maintained a positive trajectory during the year as proximity and accessibility ... Read More
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Retail in the US
Retail in the US In 2022, the annual rate of inflation in the US rose to the highest level recorded in 40 years. As a result, rising costs firmly supplanted the COVID-19 pandemic as US consumers’ foremost concern. With the prices of groceries and petrol rising significantly faster than the baseline ... Read More
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Convenience Retailers in the US
Convenience Retailers in the US As it did for many industries, the pandemic distorted the growth curve for convenience retailers. Following historically high current value growth rates in 2021 and 2022, sales slowed for convenience retailers (which encompasses convenience stores and forecourt retail ... Read More
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Convenience Retailers in Mexico
Convenience Retailers in Mexico Convenience retailers saw double-digit current value growth in Mexico in 2023, and was the most dynamic channel within grocery retailers. This performance was primarily driven by the strong outlet expansion seen over the course of the review period, in a channel in wh ... Read More
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Convenience Retailers in India
Convenience Retailers in India Convenience retailers returned to current value growth in India in 2023. This is a relatively small channel with low penetration in the country, with outlets predominantly located in tier 1 and tier 2 cities. There are just a few major players in the channel, such as C ... Read More
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Convenience Retailers in Ukraine
Convenience Retailers in Ukraine Convenience retailers in Ukraine continued to prove more successful than other grocery formats in weathering the challenges brought about by the Russian invasion in 2023. Offering a relatively limited range of day-to-day essentials, they were well placed to profit as ... Read More
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Convenience Retailers in Israel
Convenience Retailers in Israel Big grocery retailers continued to expand their reach by opening convenience stores in Israel in 2023, targeting urban customers in a highly competitive environment to enhance accessibility and cater to the evolving needs of city-dwellers. This move aims to capture th ... Read More
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Retail in Israel
Retail in Israel Retail in Israel in 2023 was affected by the political and economic panorama in the country, as the war continues. Inflation remained high and mortgages became much more expensive, with significant hikes in monthly repayments for homeowners. Added to which, the political instability ... Read More
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Convenience Retailers in Chile
Convenience Retailers in Chile Convenience retailers in Chile continued to perform well in 2023, recording another year of double-digit value growth, primarily driven by convenience stores. The latter channel has become increasingly popular among Chileans in local neighbourhoods, especially since th ... Read More
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Convenience Retailers in Hong Kong, China
Convenience Retailers in Hong Kong, China Although seeing a slowing of its growth rate compared with the previous year, convenience retailers maintained solid current value growth in Hong Kong in 2023. Convenience stores remained overwhelmingly dominant within convenience retailers in 2023, and 7-El ... Read More
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Convenience Retailers in Brazil
Convenience Retailers in Brazil In 2023, convenience retailers in Brazil maintained retail current value growth, and also returned to growth in outlet numbers, as consumers looked to shop for essentials close to home. OXXO was one retailer which opened more stores at the end of the review period. Th ... Read More
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Convenience Retailers in Indonesia
Convenience Retailers in Indonesia Convenience retailers saw current value growth in Indonesia in 2023. Urbanisation is a key factor influencing the growth of convenience stores in the country. Many people move to big cities in search of work or education, and they need places to shop that are easil ... Read More
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Convenience Retailers in Italy
Convenience Retailers in Italy The geopolitical developments of 2022 and 2023 have had a big impact on retail in Italy. Russia's war in Ukraine continued in 2023 with no sign of resolution at the time of writing, while the emergence of further instability in other parts of the world have also create ... Read More
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Convenience Retailers in Poland
Convenience Retailers in Poland Convenience stores recorded slower value dynamics than overall retail in 2023. Higher prices in this channel stimulated a consumer shift towards discounters and supermarkets. The situation in the market favoured retail chains that can afford to offer attractive promot ... Read More
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Convenience Retailers in New Zealand
Convenience Retailers in New Zealand Convenience retailers in New Zealand continued to see retail current value sales growth in 2023; however, this was supported by inflationary pressures driving up unit prices of grocery products. While fuel costs stabilised following an initial shock in 2022, afte ... Read More
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Convenience Retailers in Finland
Convenience Retailers in Finland In 2023, convenience retailers in Finland witnessed only marginal current value growth, with much of this fuelled by high levels of inflation. Sales have suffered from lower purchasing power caused by the rising cost of living, with consumers remaining cautious about ... Read More
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Convenience Retailers in Australia
Convenience Retailers in Australia In early May 2023, the local operator of 7-Eleven (7-Eleven Stores Pty Ltd), the leading brand of convenience retailers in Australia, released a statement saying that the chain will be up for sale, including over 700 outlets across the country. The move is expected ... Read More
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