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  1. Gen Z has the buying power to have an impact on convenience stores and the snack categories in the years ahead. Decreased demand before the Memorial Day weekend is typical for this time of year...

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  2. Apr 4, 2024 · Convenience stores saw record sales in stores in 2023, according to newly released data from the National Association of Convenience Stores (NACS). Total convenience industry sales in 2023 were $859.8 billion, of which $327.6 were from in-store sales.

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    • Report Overview
    • Type Insights
    • Regional Insights
    • Key Companies & Market Share Insights
    • Segments Covered in The Report

    The global convenience stores market size was valued at USD 2.12 trillion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 5.6% from 2022 to 2028. Strong economic growth in emerging markets, increased population density in urban areas, expanding investments in the retail business in developing nations, and rising popularit...

    The cigarettes & tobacco segment dominated the market and contributed a revenue share of around 39% in 2021 and is forecast to grow at a CAGR of 5.8% from 2022 to 2028. The rising nicotine consumption across the globe is one of the primary factors driving the growth of the segment. In addition, the easy availability of tobacco products at every nea...

    North America accounted for the largest market revenue share of over 47% in 2021. In the United States, the convenience stores count is considerably higher than other channels of trade which accounts for around 35% of brick-and-mortar retail stores. Moreover, the changing shopping conduct and the pandemic reformed the U.S retail sector, and the fun...

    The market is characterized by the presence of established as well as new players. Major players operating in this market are offering various advantages such as partnership & acquisition. In October 2021, Reliance Retail announced its partnership with 7-Eleven, a giant convenience store to launch its store across India. The acquisition is made to ...

    This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2028. Grand View Research has segmented the global convenience stores market report based on type and region: 1. Type Outlook (Revenue, USD Billion, 2017 - 2028) 1.1. Cigarettes...

  4. Most key components of the convenience store business shined last year as total U.S. c-store sales grew by nearly 25 percent to $663.5 billion, according to the 2022 Convenience Store...

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