Emerging Private Label Concept in Asian Convenience Store Market

Private Label Brands or Store Brands have become the most profitable and a popular marketing strategy across the Asian countries. Although, the concept of Private Label is still in a budding stage in almost all Asian markets, the future outlook seems positive as retailers have started to invest in product development. There has been a major investment by many topmost retail chains into launching new private label products over the last 5 years and they are obtaining acceptance especially in the fundamental commodity categories. Moreover, the market shares of some categories including cooking oil, rice, and bathroom tissue are rising in various Asian countries.

According to a recent report, “Asian Convenience Store Market Forecast to 2012”, convenience store market in the Asian region has experienced structural changes in terms of retail formats, with traditional grocery stores getting wiped, and new western-style hypermarkets and personal care stores receiving greater attention from consumers. Modern lifestyle and greater participation by market players are leading toward the makeover of the Asian retail sector, which seems to move away from conventional shopping pattern to a new format of convenient and easy shopping.

The report, which provides exhaustive information and conceptual analysis on the growing convenience store industry in Asia, facilitates quantitative and qualitative analyses of the past and present industry scenarios. It also provides a clear picture of the route, in which the industry is likely to proceed in the coming years. Giving an insight into the convenience store market in different Asian countries, the study provides a brief overview of consumer behavior in these nations. The future growth areas and roadblocks have also been evaluated in the comprehensive research report to help clients align their business strategies as per the changing market dynamics. The study also looks into the competitive landscape and includes a SWOT analysis for each major player, with a view to presenting a balanced outlook of the industry to the clients.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM244.htm

Some of our Related Reports are:

- US Convenience Stores Forecast to 2014 (http://www.rncos.com/Report/IM384.htm)
- U.S. Convenience Stores Market Outlook to 2013 (http://www.rncos.com/Report/IM184.htm)
- Global Convenience Store Market Analysis (http://www.rncos.com/Report/IM119.htm)

Check Related REPORTS on: http://www.rncos.com/Retail_Industry.htm

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.

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This release was published on openPR.