Convenience Store Market in India 2012
08-Jul-2012 | General Article (Non-News)
HTML clipboardThe Convenience Store Market in India is part of Netscribes’ Consumer Goods  Industry Series reports. The market will be boosted by the rising income levels  coupled with changing lifestyle, resulting in increased demand for convenience  shopping.  http://www.bharatbook.com/retail-market-research-reports/convenience-store-market-in-india-2012.html
  
  The report begins with an introduction section, comprising of the description of convenience stores along with the  significant focus areas for the development of the domestic convenience store  market. The next section provides the global outlook of the convenience store  market, mentioning the growth of convenience stores in Japan and the United  States. The market overview section begins with the retail industry overview in  India, including the market size and growth of the retail sector with distinct  share of organized and traditional retail. It also provides a brief idea about  the retail supply chain and mentions the ways in which modern retail supply  chain is leading to cost reduction. This section also includes the various  organized retail formats, providing a brief description and few examples of each  format. This is followed by the Convenience store market in India, providing  details on the domestic organized convenience store market size in terms of  market value and its growth. It also mentions the necessary factors for the  success of the convenience stores. Another detailed illustration about the  changing shopping trend has been included. Further, the report provides a  description of the major segments which attracts consumer spending and their  share in the overall retail sector. Food and groceries has always been the most  frequently purchased and largest selling segment in the Indian retail sector.
  
  Factors driving the growth of convenience store market in India are also  explained in detail. Rising income levels coupled with growing consumerism is  providing impetus to the growth in convenience store market. India is one of the  most lucrative consumer markets in the world with about one sixth of the global  population. Increasing purchases due to ease of payments via plastic cards,  stimulates the demand for more convenience stores across the country. Evolving  demographics and consumer behavior in India strongly supports the concept of  modern retailing, which enables the players to increase their domestic customer  base. Growing acceptance towards foreign direct investment in retail creates a  favorable impact on the growth of the convenience stores market.
  
  The players operating in the market also face challenges which are impeding  their development and growth. Large geographic spread and lack of logistics  support have been identified as major challenges. Regulatory challenges are  slowing down the pace of growth of the convenience store market. Human resource  constraints hamper the management and service facilities in a convenience store.  Further, customer migration from convenience stores to hypermarkets is leading  to a loss in the existing customer base of a convenience store.
  
  The report also highlights the real estate issues faced by the convenience store  players. It mentions the difficulties in finding a suitable property in any  central location.
  
  The competition section begins with the Porter’s Five Forces Analysis,  illustrating the competitive rivalry, bargaining power of suppliers and buyers  and threat of new entrants and substitutes. It outlays the competitive landscape  of the convenience store market in India briefing about the domestic players  existing in the market. This section provides a three dimensional analysis of  domestic key players’ revenues, profits and market capitalization. The report  also features brief profiles of major domestic players in the market and a  snapshot of their corporation, financial performance along with the key  financial ratios, business highlights and their product portfolio providing an  insight into the existing competitive scenario. 
  
  Some of the key statistics or factors impacting the convenience store market in  India covered in the report include global market size and growth, growth of  convenience stores in Japan, US and UK, retail market size and growth in India,  retail supply chain, organized retail formats, organized convenience store  market size and growth, convenience store success factors, changing shopping  trend in India, consumer spending- major segments, consumer demands in today’s  shopping trend, growing aggregate consumption, growing aggregate disposable  income, growing volume of cards, amount of transactions, demographic pattern,  changing consumer behaviour, FDI timeline, insufficient cold storage, fragmented  regulatory framework, complex tax policies, real estate issues.
  
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