Convenience stores sales in Indonesia have shown a remarkable growth in recent years, due to increase in service-class population and their income levels. In addition, the significant surge in fuel price in 2008 also infused the C-stores sales. In Indonesia, the mass grocery retail sector is still developing which is expected to achieve even more substantial growth. This will also help to improve retail sales at C-store on the back of the formation of a larger, high-spending middle class with high disposable income, and the inclination to shop in modern retail outlets. On the back of these factors, C-store sales in Indonesia are anticipated to grow at a CAGR of 28% during 2012-2015.
According to a latest research report by RNCOS entitled, “Asian Convenience Store Market Forecast to 2012”, by Asian Convenience market has witnessed tremendous growth over the past few years with consumers’ lifestyle heading towards modernity and large participation from market players. The growth in the industry is attributed to the increasing consumer preference for convenience shopping and the growth of the service-class population. This new concept of shopping has given a new facet to the retail industry. Moreover, it is gradually replacing the existing traditional and independent retailers in the region.
As per our findings, Asian countries have been witnessing a high growth in modern retail outlets due to rise in young population, modernized life style, spending desires, increasing disposable income, gross domestic product (GDP) growth, and others. These positive changes have enabled the growth in modern retail that generally refers to organized retailing. With rise in growth of retail outlets in other Asian countries, the share of traditional retail outlets is on a decline.
Our report, “Asian Convenience Store Market Forecast to 2012”, provides exhaustive information and conceptual analysis on the growing C-store industry in Asia, facilitating quantitative and qualitative analyses of the past and present industry scenarios. It also provides a clear picture of the route, in which the industry is likely to proceed in the coming years. Giving an insight into the C-store market in different Asian countries, the study provides a brief overview of consumer behavior in these nations. The future growth areas and roadblocks have been evaluated in the comprehensive research report to help clients align their business strategies as per the changing market dynamics. The study also looks into the competitive landscape and includes a SWOT analysis for each major player, with a view to presenting a balanced outlook of the industry to the clients.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM244.htm
Some of our Related Reports are:
- US Convenience Stores Forecast to 2014 (http://www.rncos.com/Report/IM384.htm)
- U.S. Convenience Stores Market Outlook to 2013 (http://www.rncos.com/Report/IM184.htm)
- Global Convenience Store Market Analysis (http://www.rncos.com/Report/IM119.htm)
Check Related REPORTS on: http://www.rncos.com/Retail_Industry.htm
RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.