Convenience, Mom and Pop Stores Global Market Report 2022 - ResearchAndMarkets.com

The "Convenience, Mom And Pop Stores Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.

The global convenience, mom and pop stores market is expected to grow from $924.07 billion in 2021 to $1,044.08 billion in 2022 at a compound annual growth rate (CAGR) of 13.0%. The market is expected to grow to $1,658.21 billion in 2026 at a compound annual growth rate (CAGR) of 12.3%.

Major companies in the convenience, mom, and pop stores market include Itochu Corp, Seven & i Holdings Co. Ltd., Auchan Holding SA, Casino Guichard-Perrachon SA, SPAR International, Magnit, Amazon.com Inc, Tesco PLC, Love's Travel Stops & Country Stores, and Alimentation Couche-Tard Inc.

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.

The main types of convenience, mom and pop stores are convenience stores and mom and pop stores. A convenience shop is a small, generally franchised store that is open for longer hours than the usual stores. The convenience, mom and pop stores are having ownership of retail chains and independent retailers with price ranges of premium, mid-range, and economy.

Asia Pacific was the largest region in the convenience, mom, and pop stores market in 2021. Africa was the second-largest region in the convenience, mom, and pop stores market. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The convenience, mom and pop stores are adopting a robust and cohesive strategy for data analytics in management. This technology is being deployed to enhance supply chain efficiency, streamline operations to engage customers, and build loyalty, data has become critical for most retail operations. For instance, the global retail analytics market raised $5.1 billion in 2020. 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, thus it is expected to drive the market going forward.

Convenience, mom and pop stores are increasingly adopting the concept of unmanned convenience stores. The unmanned convenience store concept uses artificial intelligence and smartphone concepts to eliminate the use of service personnel or cashiers in the store.

The unmanned convenience stores maintain a virtual cart for every customer that enters the stores where the products are added and removed based on the customer's action. The deduction of the amount takes place when the customer scans the product using a smartphone. Following the trend, in 2019, an unmanned convenience store named, Aiquna, was launched in China. The store stocks food and daily necessities. Other unmanned convenience stores include Amazon Go, Alibaba's Hema, and Bingobox.

Key Topics Covered:

1. Executive Summary

2. Report Structure

3. Convenience, Mom And Pop Stores Market Characteristics

3.1. Market Definition

3.2. Key Segmentations

4. Convenience, Mom And Pop Stores Market Product Analysis

4.1. Leading Products/ Services

4.2. Key Features and Differentiators

4.3. Development Products

5. Convenience, Mom And Pop Stores Market Supply Chain

5.1. Supply Chain

5.2. Distribution

5.3. End Customers

6. Convenience, Mom And Pop Stores Market Customer Information

6.1. Customer Preferences

6.2. End Use Market Size and Growth

7. Convenience, Mom And Pop Stores Market Trends And Strategies

8. Impact Of COVID-19 On Convenience, Mom And Pop Stores

9. Convenience, Mom And Pop Stores Market Size And Growth

9.1. Market Size

9.2. Historic Market Growth, Value ($ Billion)

9.2.1. Drivers Of The Market

9.2.2. Restraints On The Market

9.3. Forecast Market Growth, Value ($ Billion)

9.3.1. Drivers Of The Market

9.3.2. Restraints On The Market

10. Convenience, Mom And Pop Stores Market Regional Analysis

10.1. Global Convenience, Mom And Pop Stores Market, 2021, By Region, Value ($ Billion)

10.2. Global Convenience, Mom And Pop Stores Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Region

10.3. Global Convenience, Mom And Pop Stores Market, Growth And Market Share Comparison, By Region

11. Convenience, Mom And Pop Stores Market Segmentation

11.1. Global Convenience, Mom And Pop Stores Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

• Convenience Stores
• Mom And Pop Stores

11.2. Global Convenience, Mom And Pop Stores Market, Segmentation By Ownership, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

• Retail Chain
• Independent Retailer

11.3. Global Convenience, Mom And Pop Stores Market, Segmentation By Price Range, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

• Premium
• Mid-Range
• Economy

12. Convenience, Mom And Pop Stores Market Metrics

12.1. Convenience, Mom And Pop Stores Market Size, Percentage Of GDP, 2016-2026, Global

12.2. Per Capita Average Convenience, Mom And Pop Stores Market Expenditure, 2016-2026, Global

Companies Mentioned

• Itochu Corp.
• Seven & i Holdings Co. Ltd.
• Auchan Holding SA
• Casino Guichard-Perrachon SA
• SPAR International
• Magnit
• Amazon.com Inc.
• Tesco PLC.
• Love's Travel Stops & Country Stores
• Alimentation Couche-Tard Inc.

For more information about this report visit https://www.researchandmarkets.com/r/oudwl

View source version on businesswire.com: https://www.businesswire.com/news/home/20220608005620/en/