Press release
The US Convenience Store Market Size, Trends & Forecasts 2017
Scope of the Report
The report titled The US Convenience Store Market: Size, Trends & Forecasts (2017 Edition), provides an in-depth analysis of the US Convenience Store by value and by volume. The report also gives an insight of the US convenience store market by segments as well.
The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall US Convenience Store market has also been forecasted for the period 2017-2018, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
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The competition in the US Convenience Store market is thrived by several players. However, 7-Eleven was the first major convenience store in the US. The convenience stores in the US are run by both oil and gas companies by themselves or they are franchised. Similarly, the convenience stores in the US are also individually run or by SMEs.
Further, key players of the US Convenience Store market Seven & i Holdings Co. Ltd., Alimentation Couche-Tard Inc., Caseys General Stores, Inc. and Sunoco LP and are also profiled with their financial information and respective business strategies.
Company Coverage
Seven & i Holdings Co. Ltd.
Alimentation Couche Tard Inc.
Caseys General Stores Inc.
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Executive Summary
A convenience store is a form of kiosk or a small retail business which is opened as a part of gas stations in the US. The convenience stores stock a range of items of everyday necessity such as beverages, beer, tobacco, snacks, confectionary, toiletries, drugs, magazines, etc. Inception of convenience store idea was in the US. Convenience stores are based on different formats including Kiosk, mini convenience store, limited selection convenience store, traditional convenience store, etc.
The convenience stores could be segmented on the basis of fuel sales because after refilling the vehicle, the consumer generally has an urge to buy some other stuff as well. This urge of consumer is satiated by convenience store.
Convenience stores (C-store or CVS) are different from grocery stores, drugstores and supermarkets. Convenience stores have their own set of features and downside.
The US convenience store market has increased at a significant CAGR during the years 2010-2016 and projections are made that the market would rise further in 2017-2018 tremendously. The US convenience store market is expected to increase due to growth in US GDP Per-capita, increasing urban population, etc. Yet the market faces some challenges such as, environmental regulations, legislative regulations, etc.
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Table of Contents
1. Executive Summary
2. Introduction
2.1 Convenience Store: An Overview
2.1.1 Formats of Convenience Store
2.1.2 Convenience Store by Segments
2.1.3 Features of Convenience Store
2.1.4 Downside of Convenience Store
3. The US Market Analysis
3.1 The US Sales Market: An Analysis
3.1.1 The US Sales Market by Type of Retail
3.2 The US Convenience Store Market: An Analysis
3.2.1 The US Convenience Store Market by Value
3.2.2 The US Convenience Store Market Value by Segments
3.2.3 The US Convenience Store Market by In-Store Sales
3.2.4 The US Convenience Store Market In-Store Sales by Segments
3.2.5 The US Convenience Store Market by Motor Fuel Sales
3.2.6 The US Convenience Store Market by Volume
3.2.7 The US Convenience Stores Market Volume by Segments
3.2.8 The US Convenience Store Market by Number of Stores Not Selling Motor Fuel
3.2.9 The US Convenience Store Market by Number of Stores Selling Motor Fuel
3.2.10 The US Convenience Store Market by Ownership
3.2.11 The US Convenience Store Market by Presence Across States
3.2.12 The US Top 10 Convenience Store Market by Share
4. Market Dynamics
4.1 Growth Drivers
4.1.1 Increasing US GDP Per Capita
4.1.2 Increasing US Millennial and Urban Population
4.1.3 The US Households and Persons per Household
4.1.4 Declining US Unemployment Rate
4.1.5 Increasing US Beverage Cans Market by Volume
4.2 Challenges
4.2.1 Emergence of Electric Driven Vehicles
4.2.2 The US Gasoline Retail Prices and Consumption
4.2.3 The US Cigarette Market by Volume
4.2.4 Barriers to Entry in the Gasoline Station Business
4.2.5 Change in Environmental Regulations
4.2.6 Legislative Issues
4.3 Market Trends
4.3.1 The US Convenience Stores and Competitor Retail Stores
4.3.2 The US Top 10 States by Number of Persons per Convenience Stores
4.3.3 Convenience Store Densities in Asian Nations and in the US
4.3.4 The US Retail Spend by Channel
4.3.5 Channel Consideration on the Basis of Need
4.3.6 Increasing Retail E-commerce Sales in the US
4.3.7 Emergence of Tech-Savvy Convenience Store
5. Competitive Landscape
5.1 The US Convenience Store Market Top 20 Players by Annual Sales
5.2 The US Convenience Store Market Top 20 Players by Store Count
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