Active participation by the regional sector and growing interest of international players have driven the convenience store industry to emerge as one of the largest industries holding huge potential for future growth.
China's insistence on evolution backed by the growing economy, rising purchasing power, and strong consumer confidence has shaped the convenience store industry in the country. Active participation by the regional sector and growing interest of international players have driven the convenience store industry to emerge as one of the largest industries holding huge potential for future growth. Backed by regional domination, the number of convenience store in the country is expected to grow at a CAGR of 6% during 2014-2020.
The China convenience store industry has been witnessing strong growth in the sales for the past few years and is expected to grow in the coming years as well. Increased demand for convenience and time saving options has led to the opening of additional stores, while expansion of the players in the country. Thus, the report delivers on the developments in both retail and convenience store sectors of country.
The industry is expected to continue its growth impetus, as smaller retail format is gaining popularity in China's retail market recently As small-scale retailers, convenience stores have the benefit of closer access to customers, while providing quicker services.
- C&U Retail
- Chengdu Hongqi Chain Company Limited
- FamilyMart Co. Ltd.
- Nonggongshang Supermarket Group Co. Ltd.
- PetroChina Co. Ltd.
- Seven-Eleven (Beijing) Co. Ltd.
- Sinopec Group
Key Topics Covered:
1. Analyst View
2. Research Methodology
3. Asia Retail Industry
4. China Retail Industry Overview
5. Key Market Trends and Drivers
6. Convenience Store Industry Outlook 2020
7. IT Opportunity Assessment in Convenience Store
8. Key Players
For more information visit http://www.researchandmarkets.com/research/l4flnl/china_convenience