NewswireTODAY - /newswire/ - Noida, Uttar Pradesh, India, 2010/11/09 - Large consumer base and active participation by market players will boost the Asian convenience store sector.

According to our latest report entitled “Asian Convenience Store Market Forecast to 2012”, Asia represents one of the most lucrative markets for convenience retail. The retail industry has already attracted a large number of foreign players and now these retailers are focusing on strengthening their presence in convenience store market. Availability of large population as consumer base and saturation in developed markets are the prominent factors driving industry growth.

The report has identified that, currently, the North Asian countries are holding high attention from the market players. Countries such as, China, Taiwan, Hong Kong, and South Korea have witnessed an impressive growth in new store opening and revenue. South Korea, for example, performed good in recession also and registered sales worth around Won 6.2 Trillion (US$ 5.5 Billion) during 2009. Major players of the industry are now augmenting their presence in this region and adopting various strategies to enter into the Chinese market.

The report “Asian Convenience Store Market Forecast to 2012” covers all the necessary aspects of convenience store industry providing key information and analysis on each aspect. Current market trends and their impact on future industry growth have been analyzed in the report that will facilitate the investment decision making process of clients. Other sections related to future growth areas and technological uses in industry illustrate developments taking place in industry.

The report is an outcome of in-depth research and concrete analysis of convenience store market in the Asian region with special emphasis on data reliability and prudent future projection. The forecasting sections in the report make use of effective methods and techniques that ensure reliable future outlook. The report provides forecast till 2012 and relies heavily on factors leading to such projections. Besides, the report covers key Asian countries and illustrates major developments taking place and competitive landscape. Last but not the least, the report provides a description and recent activities along with SWOT analysis of key players.

Report/IM244

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