Convenience Stores in Canada
Over the five years to 2018, the Convenience Stores industry in Canada has withstood increasing competition by offering convenience, value and a variety of fresh and healthful products. Industry operators have increasingly shifted product mixes to include food service products that are more profitable than items like cigarettes and have focused more on satisfying demand for quick and easy meal options. Consequently, industry revenue is expected to grow. As the economy recovers and disposable income levels rise, consumers are expected to turn to the convenience of industry establishments. Over the five years to 2023, industry revenue is expected to grow.
This industry consists of retail businesses that primarily sell basic food, beverage and tobacco merchandise in convenient locations during extended hours of operation. This report excludes gas stations, gas stations with convenience stores, grocery stores and small kiosks. See IBISWorld report 44711CA for information on gas stations with convenience stores and IBISWorld report 44719CA for information on standalone gas stations.
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.
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