Abstract
The Convenience Store (or C-store) industry in Asia has shown tremendous
growth over the past few years, making the region No.1 in C-store development
across the world. The rapid economic development, along with the booming
retail industry, has been propelling the growth of C-store industry across
various Asian countries. Moreover, the increasing share of modern retail
outlets and emerging trends in organized retailing are anticipated to drive
the growth of c-stores in Asia in near future, says "Opportunities in Asian
C-store Market", a research report by RNCOS.
The report provides extensive research on the growing c-store market in Asia
and highlights various technologies which are being integrated into c-stores
at a fast pace. It provides insight into the c-store industry across various
countries in Asia and brief overview on the consumer behavior. The report
helps the client analyze the trends in c-store retailing across Asia and
identify the key emerging markets in the region. Future growth areas and
roadblocks evaluated in the research report will help the client to align
their business strategies as per the changing market dynamics in the region.
For the purpose of this research report, Asia includes: Hong Kong, South
Korea, Taiwan, China, Malaysia, Philippines, Singapore, Thailand, Vietnam,
India, Japan and Indonesia.
Key Findings
- Share of modern retail in Asia increased to 49% in 2006 from 40% in 2001.
- Concentration of modern retail trade in Asia is expected to account for
54% of the total retail industry by 2010.
- Total retail sales in Asia are projected to reach US$ 6.138 Trillion by
2012, with more than 80% of retail sales concentrated in three countries -
Japan, China and India.
- North Asia accounts for close to 90% of the c-store industry.
- C-store density is highest in Japan and Taiwan, with more than 350 stores
per Million people.
- In future, Indonesia, Vietnam and India are expected to be the potential
c-store markets.
Key Issues & Facts Analyzed
- Different retail formats (traditional and modern) in Asia.
- Market size of the Asian c-store industry.
- Country-wise analysis of the c-store industry.
- Factors responsible for the growth of c-store industry in Asia.
- Challenges to be faced by the Asian c-store industry.
- Study of consumer behavior in different Asian countries.
Key Players
This section covers the key facts about the major players currently operating
in the C-store industry in Asia, such as 7-Eleven, Tesco PLC, Taiwan
FamilyMart Co. Ltd. and Lawson Inc.
Information Sources
Information has been sourced from books, newspapers, trade journals, white
papers, industry portals, government agencies, trade associations, monitoring
industry news and developments, and through access to more than 3000 paid
databases.
Analysis Methods
The analysis methods include ratio analysis, historical trend analysis, linear
regression analysis using software tools, judgmental forecasting, and cause
and effect analysis.