Global Convenience, Mom And Pop Stores Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
The Global Convenience, Mom And Pop Stores Market Report by The Business Research Company covers convenience, mom and pop stores market drivers and restraints, convenience, mom and pop stores market size, major players, and the impact of COVID-19 on the convenience, mom and pop stores market.
The convenience, mom and pop stores market consists of sales of goods and some services through convenience, mom and pop stores by entities (usually sole traders or partnerships but in some cases organizations) that provide the retail service of supplying food, toiletries and other daily ‘necessities’ to their consumers through conveniently located small stores.
With the rapid growth in retail data and the availability of technologies to analyze data it will become easier for convenience, mom and pop stores to identify and meet the needs and expectations of their customers; this is expected to drive the market going forward.
The global convenience, mom and pop stores market is expected to grow from $908.19 billion in 2020 to $963.5 billion in 2021 at a compound annual growth rate (CAGR) of 6.1%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $1.33 trillion in 2025 at a CAGR of 9%.
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Some convenience, mom and pop stores market trends include convenience, mom and pop stores are increasingly adopting the concept of unmanned convenience stores. Unmanned convenience store concept uses artificial intelligence and smart phone concepts to eliminate the use of service personnel or cashiers in the store.
Global convenience, mom and pop stores market segments include:
1) By Type: Convenience Stores, Mom And Pop Stores.
2) By Ownership: Retail Chain, Independent Retailer.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Among these regions, Asia Pacific is the largest region in the global convenience, mom and pop stores market, accounting for 53% of the market.
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The Convenience, Mom And Pop Stores Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides convenience, mom and pop stores market overviews, analyzes and forecasts market size, share, convenience, mom and pop stores market players, convenience, mom and pop stores market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The convenience, mom and pop stores market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Where To Learn More:
Read Convenience, Mom And Pop Stores Global Market Report 2021: COVID-19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Market Players Covered: 7-Eleven, FamilyMart, Alimentation Couche-Tard, Lawson, OXXO
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Convenience, Mom And Pop Stores Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Convenience, Mom And Pop Stores Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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