Splendid Growth Patterns in Asian Convenience Store Sector

With the rapid economic development and significant changes in consumer life-style, North Asia contributes around 76% of the total number of Asian convenience stores, says RNCOS in its latest research report.

NOIDA, India (prHWY.com) August 22, 2011 - According to our new research report, "Asian Convenience Store Market Forecast to 2012", Asian countries have experienced structural changes in terms of new retail formats with traditional grocery stores wiped off and new convenience stores receiving significant attention from consumers. As of 2009, North Asian countries (China, Hong Kong, Taiwan, and South Korea) held around 76% share in the total number of c-stores, whereas the remaining proportion was held by the South-East Asian countries (Singapore, Philippines, Vietnam, Indonesia, Thailand, and Malaysia).

We have found that the changing lifestyle of consumers and the significant economic growth is attracting international players to open new c-stores in various Asian countries. The total number of c-stores was 3,293 at the end of 2009, which grew at a CAGR of 9.3% during 2007-2009. The market is still untapped and provides immense opportunity to market players for strengthening their position.

The report, "Asian Convenience Store Market Forecast to 2012", measures the structure of c-store sector in different Asian countries and the competitive landscape prevailing along with recent market developments. It also investigates the current market trends in the market and analyzes their impact on the sector performance. Moreover, the report effectively covers all the key developments taking place in each of the Asian countries on the convenience store sector.

The report is an outcome of an extensive research and prudent analysis of the Asian convenience store sector that makes use of reliable statistics and effective presentation. Future forecast in the report makes use of effective methods and techniques, which seek to present a realistic outlook. Overall, the report is meant to provide a complete package of knowledge to clients and investors who are concerned with the c-store industry in Asia.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM244.htm

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About RNCOS:

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.

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Tag Words: retail sales india

Categories: Retail

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