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Small Specialty Retail Stores in the US: Market Research Report

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

Small Specialty Retail Stores Market Research Report | NAICS 45399 | Jul 2014

Shop around: Consumers will turn to discount stores and e-tailers, hampering revenue growth

IBISWorld’s Small Specialty Retail Stores market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$41bn
Annual Growth 09-14
1.5%
Annual Growth 14-19
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Profit
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Employment
219,130
Businesses
126,293
Industry Analysis & Industry Trends

Despite the economy's turnaround, revenue for the Small Specialty Retail Stores industry will continue to experience downward pressure. The largely discretionary nature of the products sold by these stores will continue to push budget-conscious consumers to shop at external outlets, such as discount department stores and online retailers. Also, sales of tobacco, once the industry's key moneymaker, will gradually decline as consumers become more aware of the health risks associated with smoking... purchase to read more

Industry Report - Industry Products Chapter

Tobacco products and smokers' accessories

Tobacco products and smokers' accessories represent the largest product segment, accounting for an estimated 36.3% of total industry revenue in 2014. These products include cigars, cigarettes, chewing tobacco and snuff, as well as accessories such as lighters, pipes, rolling papers and grinders. Social and governmental efforts, including national anti-smoking campaigns and state excise taxes, have contributed to a reduction in the number of smokers in the five years to 2014. According to the latest data released by the Centers for Disease Control and Prevention, the percentage of adult smokers in the United States decreased from 20.9% in 2005 to 18.1% in 2012, and the percentage is expected to fall to 17.0% by 2020... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Small Specialty Retail Stores Industry?

Industry operators retail specialized lines of goods, such as art supplies, cigarettes and cigars, paper goods, collectors’ items, fireworks, religious merchandise and trophies. This industry also includes general merchandise auction houses (except electronic auctions), but it excludes mass merchandisers, department stores, grocery stores, warehouse clubs and superstores.

Industry Products
Tobacco products and smokers’ accessoriesArt materials and suppliesCollectible itemsOccupational suppliesReligious goods (except books)
 
Industry Activities
Retailing general merchandise Retailing tobacco and tobacco products (e.g. cigarettes and cigars)Retailing art suppliesRetailing collectors’ items (e.g. autographs, cards, coins and stamps)Retailing fireworksRetailing candlesRetailing religious goods (except books) Retailing trophies Retailing specialized occupational supplies Retailing calendars


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