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Global Mom and Pop Store Market: A Review of Growth Rate, Market Size, Key Players and Trends
Mom and Pop Store Market Size
What Is The Projected Market Size Of The Global Mom and Pop Store Market And Its Growth Rate?
The mom and pop store market has been witnessing a rapid expansion globally. Key factors such as community support and personalized customer service continue to drive its growth.
•Market Size in 2024: $149.03 billion
•Market Size in 2025: $175.43 billion (CAGR of 17.7%)
•Projected Market Size in 2029: $291.92 billion (CAGR of 13.6%)
What Is Driving The Growth In The Mom and Pop Store Market?
The growth of the mom-and-pop store market can largely be credited to the emphasis on personalized customer service. The unique experience that can be tailored to meet the individual needs of each customer makes these stores distinctive. With increasing consumer awareness about their shopping impact and the desire for unique products, it enhances the overall customer service experience, resulting in customer retention and gaining customer loyalty. For instance, a 2024 report by the US-based non-government organization, InMoment, indicates that 71% of consumers look for a personalized customer experience, and 78% are likely to make repeat purchases from brands providing such service.
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Who Are the Key Players Driving Mom and Pop Store Market Growth?
•ITOCHU Corporation
•Seven & i Holdings Co Ltd
•7-Eleven Inc
•Alimentation Couche-Tard Inc
•Auchan Holding SA
•casino* Guichard-Perrachon SA
•Murphy USA Inc
•Love's Travel Stops & Country Stores Inc
•Food Lion LLC, RaceTrac Petroleum Inc
•Cumberland Farms Inc
•Casey's General Stores Inc
•Sheetz Inc
•Wegmans Food Markets Inc
•Wawa Inc
•QuikTrip Corporation
•Pilot Company
•Circle K Stores Inc
•Tesco PLC
•Ingles Markets Inc
•Raley's Family of Fine Stores
•Buc-ee's Ltd
•GPM Investments LLC
•Kwik Trip Inc
•SPAR International
•The Fresh Market Inc
•Holiday Stationstores Inc
•Royal Farms Inc
•Farm Boy Inc
•Maverik Inc
•WinCo Foods LLC
What Are The Key Trends In The Mom and Pop Store Market?
Key Trends strengthening the market are:
•Emphasis on local and sustainable products
•Adaptation to changing consumer preferences
•Collaboration with local artisans and producers
•Enhanced customer experience
•Crisis resilience and local support
•Digital presence and e-commerce integration
•Digital transformation for small businesses
•Focus on local and artisanal products
•Community engagement and personalized service
•Incorporation of technology for efficiency
What Are The Segments Of The Global Mom and Pop Store Market?
•By Type: Personal Care, Cribs And Strollers, Vitamins And Dietary Supplements, Feeding Suppliers, Toys
•By Price Range: Premium, Mid-Range, Economy
•By Ownership: Retail Chain, Independent Retailer
•By Distribution Channel: Online Stores, Offline Stores
Which Region Leads The Mom and Pop Store Market?
Asia-Pacific was the largest region in the mom and pop stores market in 2024. Factors influencing this dominance include the increasing emphasis on local and sustainable products, changing consumer preferences, and an enhanced customer experience. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Mom and Pop Store Market Global Market Report?
- Market Size Analysis: Analyze the Mom and Pop Store Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Mom and Pop Store Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Mom and Pop Store Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Mom and Pop Store Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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