Asian Convenience Store Market Forecast to 2012
The Asian Convenience Store (C-store) Industry has grown rapidly over the past few years with consumers’ lifestyle heading towards modernity and large participation from market players. Despite economic slowdown and financial crisis over the past few years, the Asian region has showed a splendid performance and the number of c-stores increased rapidly. Also the developed markets of the US and UK have become saturated with high C-store density posing a question mark over the industry’s growth potential. As a result, players have now started to look outside these markets and Asia represented the most lucrative C-store market with increasing consumers’ appetite for convenient shopping and surging sales of low priced non-traditional products providing a strong impetus to the development of industry.
According to our new research report, “Asian Convenience Store Market Forecast to 2012”, the Asian c-store industry is heading fast towards the development phase. South Korea, for example, is one of the fast growing markets for c-store as the country’s total retail sales reached to the mark of KRW 268.1 Trillion (US$ 227 Billion) during 2010. Growing retail sales and large consumer base following western life style have boosted the development of c-store sector and so the sales from this retail segment grew by around 7% to reach around KRW 7.5 Trillion (US$ 6.4 Billion) during 2010.
Even in countries like China, Indonesia, and Vietnam, the share of c-stores in total grocery outlets is less than 1%. Thus, an almost untapped market coupled with vast consumer base provides a highly lucrative opportunity for existing as well as new market players to gain early advantages.
The report covers all the necessary aspects of the Asian c-store industry. Further, our team of analysts has also placed all the necessary information prudently on the basis of reliable data. The report also facilitates comprehension of current trends prevailing in industry and their impact on future growth. A brief overview of consumer behavior in these countries has also been presented. Future growth areas, evaluated in the research report, will help intending clients to align their business strategies as per the changing market dynamics in the region.
According to our new research report, “Asian Convenience Store Market Forecast to 2012”, the Asian c-store industry is heading fast towards the development phase. South Korea, for example, is one of the fast growing markets for c-store as the country’s total retail sales reached to the mark of KRW 268.1 Trillion (US$ 227 Billion) during 2010. Growing retail sales and large consumer base following western life style have boosted the development of c-store sector and so the sales from this retail segment grew by around 7% to reach around KRW 7.5 Trillion (US$ 6.4 Billion) during 2010.
Even in countries like China, Indonesia, and Vietnam, the share of c-stores in total grocery outlets is less than 1%. Thus, an almost untapped market coupled with vast consumer base provides a highly lucrative opportunity for existing as well as new market players to gain early advantages.
The report covers all the necessary aspects of the Asian c-store industry. Further, our team of analysts has also placed all the necessary information prudently on the basis of reliable data. The report also facilitates comprehension of current trends prevailing in industry and their impact on future growth. A brief overview of consumer behavior in these countries has also been presented. Future growth areas, evaluated in the research report, will help intending clients to align their business strategies as per the changing market dynamics in the region.
1. ANALYST VIEW
2. RESEARCH METHODOLOGY
3. INDUSTRY SNAPSHOT
4. KEY MARKET TRENDS
4.1 Increasing Influence of Foreign Players
4.2 High Emphasis on Modern Retail Outlets
4.3 Players Focused on Increasing the Number of Convenience Stores
4.4 Cut-Throat Competition
4.5 Emerging Private Label Concept
5. INDUSTRY PERFORMANCE
5.1 Hong Kong
5.2 South Korea
5.3 Taiwan
5.4 China
5.5 Malaysia
5.6 Philippines
5.7 Singapore
5.8 Thailand
5.9 Vietnam
5.10 India
5.11 Japan
5.12 Indonesia
6. APPLICATION OF TECHNOLOGY IN CONVENIENCE STORES
6.1 CCTV
6.2 RFID
6.3 IT
6.4 POS
6.5 Decision Support System/Data Warehouse
7. KEY PLAYERS
7.1 Lawson
7.2 Taiwan Family Mart Co. Ltd
7.3 7-Eleven Inc.
7.4 Tesco PLC
2. RESEARCH METHODOLOGY
3. INDUSTRY SNAPSHOT
4. KEY MARKET TRENDS
4.1 Increasing Influence of Foreign Players
4.2 High Emphasis on Modern Retail Outlets
4.3 Players Focused on Increasing the Number of Convenience Stores
4.4 Cut-Throat Competition
4.5 Emerging Private Label Concept
5. INDUSTRY PERFORMANCE
5.1 Hong Kong
5.2 South Korea
5.3 Taiwan
5.4 China
5.5 Malaysia
5.6 Philippines
5.7 Singapore
5.8 Thailand
5.9 Vietnam
5.10 India
5.11 Japan
5.12 Indonesia
6. APPLICATION OF TECHNOLOGY IN CONVENIENCE STORES
6.1 CCTV
6.2 RFID
6.3 IT
6.4 POS
6.5 Decision Support System/Data Warehouse
7. KEY PLAYERS
7.1 Lawson
7.2 Taiwan Family Mart Co. Ltd
7.3 7-Eleven Inc.
7.4 Tesco PLC
LIST OF FIGURES
Figure 3-1: North Asia and South East Asia - Modern Retail Share in Grocery Sales (2008 & 2011)
Figure 3-2: Share of North Asia and South East Asia in Convenience Stores (2011)
Figure 4-1: Asia - Share of Traditional and Modern Grocery Sales (2008 & 2011)
Figure 5-1: Hong Kong - Retail Sales (Billion HK$), 2010-2015
Figure 5-2: Hong Kong - Breakup of Consumer Expenditure (%), 2011
Figure 5-3: Hong Kong - Number of Convenience Stores (2007-2009)
Figure 5-4: Hong Kong - Convenience Stores by Player (%), 2011
Figure 5-5: South Korea - Retail Sales (Trillion KRW), 2010-2015
Figure 5-6: South Korea - Retail Sales at Convenience Stores (Trillion KRW), 2010-2015
Figure 5-7: South Korea - Breakup of Consumer Expenditure (%), 2011
Figure 5-8: South Korea - Number of Convenience Stores (2007-2009)
Figure 5-9: South Korea - Convenience Stores by Player (%), 2011
Figure 5-10: Taiwan - Retail Sales (Trillion TW$), 2010-2015
Figure 5-11: Taiwan - Retail Sales at Chained Convenience Stores (Billion TW$), 2010-2015
Figure 5-12: Taiwan - Breakup of Consumer Expenditure (%), 2011
Figure 5-13: Taiwan - Number of Convenience Stores (2008-2010)
Figure 5-14: Taiwan - Convenience Stores by Player (%), 2011
Figure 5-15: China - Retail Sales (Trillion CNY), 2010-2015
Figure 5-16: China - Retail Sales at Convenience Stores (Billion US$), 2010-2015
Figure 5-17: China - Breakup of Consumer Expenditure (%), 2011
Figure 5-18: China - Number of Convenience Stores (2007-2009)
Figure 5-19: Malaysia - Retail Sales (Billion MYR), 2010-2015
Figure 5-20: Malaysia - Breakup of Consumer Expenditure (%), 2011
Figure 5-21: Malaysia - Number of Convenience Stores (2007-2009)
Figure 5-22: Malaysia - Convenience Stores by Player (%), 2011
Figure 5-23: Philippines - Retail Sales (Trillion PHP), 2010-2015
Figure 5-24: Philippines - Breakup of Consumer Expenditure (%), 2011
Figure 5-25: Philippines - Number of Convenience Stores (2007-2009)
Figure 5-26: Philippines - Convenience Stores by Player (%), 2011
Figure 5-27: Singapore - Retail Sales (Billion US$), 2010-2015
Figure 5-28: Singapore - Breakup of Consumer Expenditure (%), 2011
Figure 5-29: Singapore - Number of Convenience Stores (2007-2009)
Figure 5-30: Singapore - Convenience Stores by Player (%), 2011
Figure 5-31: Thailand - Retail Sales (Trillion THB), 2010-2015
Figure 5-32: Thailand - Breakup of Consumer Expenditure (%), 2011
Figure 5-33: Thailand - Number of Convenience Stores (2007-2009)
Figure 5-34: Thailand - Convenience Stores by Player (%), 2011
Figure 5-35: Vietnam - Retail Sales (Trillion VND), 2010-2015
Figure 5-36: Vietnam - Breakup of Consumer Expenditure (%), 2011
Figure 5-37: Vietnam - Number of Convenience Stores (2007-2009)
Figure 5-38: Vietnam - Convenience Stores by Player (%), 2011
Figure 5-39: India - Retail Sales (Billion US$), 2010-2015
Figure 5-40: India - Breakup of Consumer Expenditure (%), 2011
Figure 5-41: Japan - Retail Sales (Trillion JPY), 2010-2015
Figure 5-42: Japan - Breakup of Consumer Expenditure (%), 2011
Figure 5-43: Japan - Retail Sales at Convenience Stores (Trillion JPY), 2010-2015
Figure 5-44: Japan - Retail Sales at Convenience Stores by Product & Services (%), 2010
Figure 5-45: Japan - Number of Convenience Stores (2008-2010)
Figure 5-46: Japan - Convenience Stores by Players (%), 2011
Figure 5-47: Indonesia - Retail Sales (Billion US$), 2010-2015
Figure 5-48: Indonesia - Retail Sales at Convenience Stores (Trillion IDR), 2010-2015
Figure 5-49: Indonesia - Breakup of Consumer Expenditure (%), 2011
Figure 5-50: Indonesia - Number of Convenience Stores (2007-2009)
Figure 5-51: Indonesia - Convenience Stores by Players (%), 2011
Figure 6-1: Asia-Pacific - Video Surveillance Equipment Market (Billion US$), 2010-2015
Figure 6-2: Asia-Pacific - RFID Tag Market (Billion US$), 2010 & 2015
Figure 3-1: North Asia and South East Asia - Modern Retail Share in Grocery Sales (2008 & 2011)
Figure 3-2: Share of North Asia and South East Asia in Convenience Stores (2011)
Figure 4-1: Asia - Share of Traditional and Modern Grocery Sales (2008 & 2011)
Figure 5-1: Hong Kong - Retail Sales (Billion HK$), 2010-2015
Figure 5-2: Hong Kong - Breakup of Consumer Expenditure (%), 2011
Figure 5-3: Hong Kong - Number of Convenience Stores (2007-2009)
Figure 5-4: Hong Kong - Convenience Stores by Player (%), 2011
Figure 5-5: South Korea - Retail Sales (Trillion KRW), 2010-2015
Figure 5-6: South Korea - Retail Sales at Convenience Stores (Trillion KRW), 2010-2015
Figure 5-7: South Korea - Breakup of Consumer Expenditure (%), 2011
Figure 5-8: South Korea - Number of Convenience Stores (2007-2009)
Figure 5-9: South Korea - Convenience Stores by Player (%), 2011
Figure 5-10: Taiwan - Retail Sales (Trillion TW$), 2010-2015
Figure 5-11: Taiwan - Retail Sales at Chained Convenience Stores (Billion TW$), 2010-2015
Figure 5-12: Taiwan - Breakup of Consumer Expenditure (%), 2011
Figure 5-13: Taiwan - Number of Convenience Stores (2008-2010)
Figure 5-14: Taiwan - Convenience Stores by Player (%), 2011
Figure 5-15: China - Retail Sales (Trillion CNY), 2010-2015
Figure 5-16: China - Retail Sales at Convenience Stores (Billion US$), 2010-2015
Figure 5-17: China - Breakup of Consumer Expenditure (%), 2011
Figure 5-18: China - Number of Convenience Stores (2007-2009)
Figure 5-19: Malaysia - Retail Sales (Billion MYR), 2010-2015
Figure 5-20: Malaysia - Breakup of Consumer Expenditure (%), 2011
Figure 5-21: Malaysia - Number of Convenience Stores (2007-2009)
Figure 5-22: Malaysia - Convenience Stores by Player (%), 2011
Figure 5-23: Philippines - Retail Sales (Trillion PHP), 2010-2015
Figure 5-24: Philippines - Breakup of Consumer Expenditure (%), 2011
Figure 5-25: Philippines - Number of Convenience Stores (2007-2009)
Figure 5-26: Philippines - Convenience Stores by Player (%), 2011
Figure 5-27: Singapore - Retail Sales (Billion US$), 2010-2015
Figure 5-28: Singapore - Breakup of Consumer Expenditure (%), 2011
Figure 5-29: Singapore - Number of Convenience Stores (2007-2009)
Figure 5-30: Singapore - Convenience Stores by Player (%), 2011
Figure 5-31: Thailand - Retail Sales (Trillion THB), 2010-2015
Figure 5-32: Thailand - Breakup of Consumer Expenditure (%), 2011
Figure 5-33: Thailand - Number of Convenience Stores (2007-2009)
Figure 5-34: Thailand - Convenience Stores by Player (%), 2011
Figure 5-35: Vietnam - Retail Sales (Trillion VND), 2010-2015
Figure 5-36: Vietnam - Breakup of Consumer Expenditure (%), 2011
Figure 5-37: Vietnam - Number of Convenience Stores (2007-2009)
Figure 5-38: Vietnam - Convenience Stores by Player (%), 2011
Figure 5-39: India - Retail Sales (Billion US$), 2010-2015
Figure 5-40: India - Breakup of Consumer Expenditure (%), 2011
Figure 5-41: Japan - Retail Sales (Trillion JPY), 2010-2015
Figure 5-42: Japan - Breakup of Consumer Expenditure (%), 2011
Figure 5-43: Japan - Retail Sales at Convenience Stores (Trillion JPY), 2010-2015
Figure 5-44: Japan - Retail Sales at Convenience Stores by Product & Services (%), 2010
Figure 5-45: Japan - Number of Convenience Stores (2008-2010)
Figure 5-46: Japan - Convenience Stores by Players (%), 2011
Figure 5-47: Indonesia - Retail Sales (Billion US$), 2010-2015
Figure 5-48: Indonesia - Retail Sales at Convenience Stores (Trillion IDR), 2010-2015
Figure 5-49: Indonesia - Breakup of Consumer Expenditure (%), 2011
Figure 5-50: Indonesia - Number of Convenience Stores (2007-2009)
Figure 5-51: Indonesia - Convenience Stores by Players (%), 2011
Figure 6-1: Asia-Pacific - Video Surveillance Equipment Market (Billion US$), 2010-2015
Figure 6-2: Asia-Pacific - RFID Tag Market (Billion US$), 2010 & 2015
LIST OF TABLES
Table 3-1: Asia - Key Players by Number of Stores (2009 & 2014)
Table 5-1: Hong Kong - Number of Retail Stores by Format (2007-2009)
Table 5-2: Hong Kong - Top Players by Number of Convenience Stores (2007-2010)
Table 5-3: South Korea - Number of Retail Stores by Format (2007-2009)
Table 5-4: South Korea - Top Players by Number of Convenience Stores (2007-2010)
Table 5-5: Taiwan - Number of Retail Stores by Format (2007-2010)
Table 5-6: Taiwan - Top Players by Number of Convenience Stores (2008-2010)
Table 5-7: China - Number of Retail Stores by Format (2007-2009)
Table 5-8: China - Top Players by Number of Convenience Stores (2006 & 2007)
Table 5-9: Malaysia - Number of Retail Stores by Format (2007-2009)
Table 5-10: Malaysia - Top Players by Number of Convenience Stores (2007-2010)
Table 5-11: Philippines - Number of Retail Stores by Format (2007-2009)
Table 5-12: Philippines - Top Players by Number of Convenience Stores (2007-2009)
Table 5-13: Singapore - Number of Retail Stores by Format (2007-2009)
Table 5-14: Singapore - Top Players by Number of Convenience Stores (2007-2010)
Table 5-15: Thailand - Number of Retail Stores by Format (2007-2009)
Table 5-16: Thailand - Top Players by Number of Convenience Stores (2007-2010)
Table 5-17: Vietnam - Number of Retail Stores by Format (2007-2009)
Table 5-18: Vietnam - Top Players by Number of Convenience Stores (2007-2009)
Table 5-19: India - Number of Retail Stores by Format (2008 & 2009)
Table 5-20: India - Top Players by Number of Convenience Stores (2007-2010)
Table 5-21: Japan - Retail Sales at Convenience Stores by Product & Services (Million Yen), 2008-2010
Table 5-22: Indonesia - Number of Retail Stores by Format (2007-2009)
Table 5-23: Indonesia - Top Players by Number of Convenience Stores (2008-2010)
Table 7-1: Lawson - SWOT Analysis
Table 7-2: Taiwan Family Mart Co. Ltd - SWOT Analysis
Table 7-3: 7-Eleven Inc. - SWOT Analysis
Table 7-4: Tesco PLC - SWOT Analysis
Table 3-1: Asia - Key Players by Number of Stores (2009 & 2014)
Table 5-1: Hong Kong - Number of Retail Stores by Format (2007-2009)
Table 5-2: Hong Kong - Top Players by Number of Convenience Stores (2007-2010)
Table 5-3: South Korea - Number of Retail Stores by Format (2007-2009)
Table 5-4: South Korea - Top Players by Number of Convenience Stores (2007-2010)
Table 5-5: Taiwan - Number of Retail Stores by Format (2007-2010)
Table 5-6: Taiwan - Top Players by Number of Convenience Stores (2008-2010)
Table 5-7: China - Number of Retail Stores by Format (2007-2009)
Table 5-8: China - Top Players by Number of Convenience Stores (2006 & 2007)
Table 5-9: Malaysia - Number of Retail Stores by Format (2007-2009)
Table 5-10: Malaysia - Top Players by Number of Convenience Stores (2007-2010)
Table 5-11: Philippines - Number of Retail Stores by Format (2007-2009)
Table 5-12: Philippines - Top Players by Number of Convenience Stores (2007-2009)
Table 5-13: Singapore - Number of Retail Stores by Format (2007-2009)
Table 5-14: Singapore - Top Players by Number of Convenience Stores (2007-2010)
Table 5-15: Thailand - Number of Retail Stores by Format (2007-2009)
Table 5-16: Thailand - Top Players by Number of Convenience Stores (2007-2010)
Table 5-17: Vietnam - Number of Retail Stores by Format (2007-2009)
Table 5-18: Vietnam - Top Players by Number of Convenience Stores (2007-2009)
Table 5-19: India - Number of Retail Stores by Format (2008 & 2009)
Table 5-20: India - Top Players by Number of Convenience Stores (2007-2010)
Table 5-21: Japan - Retail Sales at Convenience Stores by Product & Services (Million Yen), 2008-2010
Table 5-22: Indonesia - Number of Retail Stores by Format (2007-2009)
Table 5-23: Indonesia - Top Players by Number of Convenience Stores (2008-2010)
Table 7-1: Lawson - SWOT Analysis
Table 7-2: Taiwan Family Mart Co. Ltd - SWOT Analysis
Table 7-3: 7-Eleven Inc. - SWOT Analysis
Table 7-4: Tesco PLC - SWOT Analysis
