Convenience Stores in Australia - Industry Market Research Report
Description
Convenience Stores in Australia
Convenience stores have withstood fierce competition by emphasising convenience and value and offering various fresh and healthy products. C-stores have increasingly shifted product mixes to include food-service products that are profitable and have focused more on satisfying demand for quick and easy meal options. A lull in commuting and foot traffic hurt convenience stores in a pandemic-centric world. However, a return to normalcy and new pandemic-fuelled technology, including contactless payment and ordering methods, has strengthened industry performance. Revenue has slid by an annualised 0.1% to $4.9 billion over the five years to 2022-23, including a 1.0% jump in 2022-23.
Convenience stores sell a range of products including cigarettes, beverages, travel accessories, snack foods, ready-to-eat foods, groceries, beauty products, merchandise, newspapers and magazines. The industry includes corner shops and milk bars and excludes firms that operate primarily as supermarkets; firms that sell specialised foods including fruit, bread and deli goods; and business activities that generate revenue through fuel retailing.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Convenience stores have withstood fierce competition by emphasising convenience and value and offering various fresh and healthy products. C-stores have increasingly shifted product mixes to include food-service products that are profitable and have focused more on satisfying demand for quick and easy meal options. A lull in commuting and foot traffic hurt convenience stores in a pandemic-centric world. However, a return to normalcy and new pandemic-fuelled technology, including contactless payment and ordering methods, has strengthened industry performance. Revenue has slid by an annualised 0.1% to $4.9 billion over the five years to 2022-23, including a 1.0% jump in 2022-23.
Convenience stores sell a range of products including cigarettes, beverages, travel accessories, snack foods, ready-to-eat foods, groceries, beauty products, merchandise, newspapers and magazines. The industry includes corner shops and milk bars and excludes firms that operate primarily as supermarkets; firms that sell specialised foods including fruit, bread and deli goods; and business activities that generate revenue through fuel retailing.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
42 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
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