Convenience Stores in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Convenience Stores Market Research Report | NAICS 44512 | Sep 2015

Added convenience: Increasing demand for convenience and variety will stimulate industry revenue

The Convenience Stores market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Annual Growth 10-15
Annual Growth 15-20
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Industry Analysis & Industry Trends

Convenience stores have grown in popularity over the five years to 2015 as more Americans returned to work and decreased their leisure time. In response to growing demand for convenience and timesaving options, industry operators have opened additional stores, expanded into new markets and readily adapted to changing consumer tastes to increase sales. In the five years to 2020, increasing demand for convenience, improving personal disposable income and industry consolidation are expected to boost sales and lower costs... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Convenience Stores industry is in the mature stage of its life cycle. Industry value added (IVA), which measures the industry's contribution to GDP, is forecast to grow 1.4% in the 10 years to 2020. In comparison, GDP is projected to increase at an average 2.2% per year during the same period. Higher food input prices in 2011 resulted from a surge in the agricultural price index, which caused industry operators to raise prices for food items sold in their establishments, bolstering revenue. Aside from 2011, other factors point to the maturity of this industry. For instance, wages are growing as the government mandates higher minimum wage rates and as the industry generates stronger revenue. In addition, longer operating hours will continue to drive wage costs up in the future... purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Convenience Stores Industry?

Operators in this industry are retail businesses that primarily sell basic food, beverage and tobacco merchandise in convenient locations that are generally open during extended hours. This report excludes gas stations (IBISWorld report 44719), gas stations with convenience stores (IBISWorld report 44711), grocery stores (IBISWorld report 44511) and small kiosks.

Industry Products
Tobacco productsFood servicePackaged beveragesCandy and snacksBeer
Industry Activities
Retailing a limited line of goods with an emphasis on basic food, beverages and tobacco products

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