Convenience Stores Market Research Scope And Data Sources Report 2028
Convenience Stores Market Growth & Trends The global convenience stores market size is estimated to reach USD 3.12 trillion by 2028 and is expected to grow at a CAGR of 5.6% from 2022 to 2028, according to a new report by Grand View Research, Inc. The market is surging due to long opening hours which provides easy access to customers to quickly purchase their necessary products when compared to other retail channels. Convenience Stores Market Segmentation Grand View Research has segmented the global convenience stores market based on type, and region: Based on the Type Insights, the market is segmented into Cigarettes & Tobacco, Foodservice, Packaged Beverages, Center Store, Low Alcoholic Beverages, Others. The cigarettes & tobacco segment dominated the market and contributed a revenue share of around 39% in 2021 and is forecast to grow at a CAGR of 5.8% from 2022 to 2028. The rising nicotine consumption across the globe is one of the primary factors driving the gr...