Comprehensive 2025 Convenience, Mom And Pop Stores Market Overview: Trends, Forecasts, and Growth Drivers

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Convenience, Mom And Pop Stores Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent times, the market size for convenience, mom and pop stores, has seen a quick surge. The growth is expected to increase from $1289.14 billion in 2024 to $1443.7 billion in 2025, indicating a compound annual growth rate (CAGR) of 12.0%. Factors contributing to this growth in the past include solid economic development in emerging markets, an influx of population in urban spaces, foreign direct investment in retail in underdeveloped nations, and the increasing recognition of franchising.

Convenience, Mom And Pop Stores Market Size Forecast: What's the Projected Valuation by 2029?
The market size of convenience and mom-and-pop stores is predicted to experience substantial growth in the upcoming years, reaching a size of $2045.14 billion by 2029 and advancing at a compound annual growth rate (CAGR) of 9.1%. This anticipated growth in the forecast period can be credited to technological progression, the influence of data analytics, a preference among consumers towards local shopping, extended operational hours, and reduced retail space. Noteworthy developments in this period involve the adoption of contactless convenience stores for uncomplicated maintenance and expense reduction, the implementation of automation techniques for efficient store operation, the utilization of Internet-of-Things (IoT) solutions for superior decision-making in store management, the integration of robotics to augment customer convenience and productivity of the store, extended food variety for revenue generation, partnerships with renowned brands to expand the customer base, and digital platform adoption for cost reduction and sales increase in convenience and mom-and-pop stores.

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What Are the Drivers Transforming the Convenience, Mom And Pop Stores Market?
Adopting a strong and unified approach for data analytics in management has become the new trend for convenience and mom-and-pop stores. The main aim is to increase the efficiency of the supply chain, streamline tasks to connect with customers, and establish customer loyalty. Data has taken on an integral role in the majority of retail processes. For example, the World Economic Forum, an NGO based in Switzerland, reported in July 2023 that 60% of businesses believe that the significance of big data and analytics capabilities is growing; this technology is expected to contribute significantly to job creation in the next 5 years. Furthermore, it is projected that between 2023 and 2027, data science and data analytics could generate up to 1.4 million fresh jobs. Thanks to the exponential growth of retail data and the emergence of data analysis technologies, convenience, mom and pop stores will find it increasingly simple to pinpoint and satisfy their customers' needs and wants, a factor anticipated to propel the market in the future.

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What Long-Term Trends Will Define the Future of the Convenience, Mom And Pop Stores Market?
The idea of unmanned convenience stores is rapidly gaining traction among convenience and small-scale stores. This cutting-edge concept leverages artificial intelligence and smartphone technology to eradicate the need for staff or cashiers in the shop. It allows every customer in such shops to possess a virtual trolley that automatically updates as items are picked up or put back by the customer. The payment process is triggered when the customer scans the product with a smartphone. As part of adopting this growing trend, E-Dukkan was launched by Omantel in January 2022, becoming the first unmanned convenience store in the Middle East. Other players in this space include Amazon Go, Alibaba's Hema, and Bingo Box.

Which Segments in the Convenience, Mom And Pop Stores Market Offer the Most Profit Potential?
The convenience, mom and pop stores market covered in this report is segmented -

1) By Type: Convenience Stores, Mom And Pop Stores
2) By Ownership: Retail Chain, Independent Retailer
3) By Price Range: Premium, Mid-Range, Economy

Subsegments:
1) By Convenience Stores: Chain Convenience Stores, Independent Convenience Stores, Gas Station Convenience Stores, Urban Convenience Stores, Rural Convenience Stores
2) By Mom And Pop Stores: Grocery Stores, Specialty Food Stores, Neighborhood Shops, Family-Owned Retailers, Local Convenience Shops

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Which Firms Dominate the Convenience, Mom And Pop Stores Market by Market Share and Revenue in 2025?
Major companies operating in the convenience, mom and pop stores market include Seven & I Holdings Co. Ltd., Carrefour SA, Auchan Holding SA, Alimentation Couche-Tard Inc., FamilyMart, Wawa Inc., Kwik Trip Inc., EG Group, Love's Travel Stops & Country Stores, Bianlifeng, Suning Xiaodian, Lawson, Ministop, Metcash, Think Convenience, GS25, SPAR, Tesco, Musgrave, Sainsbury's, Co-operative Group Limited, McColl's, Groupe casino*, Profi, Stokrotka Sp. z o.o., Perekrestok Express, Magnit, Zabka, Spolem, Groszek, Eurocash, Casey's general stores, Marathon Petroleum Corporation, Raízen Conveniências, Cencosud, Cia Brasileira de Distribuicao, Savola, Almeera Group, Al Madina Group, Lulu, Circle K, FreshStop, Food Lover's Market, Pick n Pay, Shoprite, Freshzo Foods



Which Regions Offer the Highest Growth Potential in the Convenience, Mom And Pop Stores Market?
Asia-Pacific was the largest region in the convenience, mom, and pop stores market in 2024. Africa was the second-largest region in the convenience, mom, and pop stores market. The regions covered in the convenience, mom and pop stores market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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