Convenience Stores in Australia - Market Research Report

Convenience Stores industry trends (2014-2019)

poll Average industry growth 2014–2019: 0.0%

The Convenience Stores industry has operated in a rapidly changing environment over the past five years. Volatile consumer sentiment, subdued growth in household disposable income, and continued competition from small-format grocery stores, supermarkets and fuel retailers have challenged industry operators. Industry revenue is expected to marginally decline at an annualised 0.4% over the five years through 2019-20, to be worth $4.7 billion. Convenience store operators are expected to continue facing tough retail conditions in the current year, with industry revenue anticipated to fall by 2.0%. Many industry operators have attempted to meet challenging conditions by reviewing prices and product ranges to offer consumers value for money. Industry oper...
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Convenience Stores industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

Operators in the Convenience Stores industry will continue facing external competition from multiple sources over the next five years, as supermarkets and fuel retailers attempt to gain a larger portion of the convenience market. As a result, industry revenue is forecast to fall at an annualised X.X% over the five years through XXX-XX, to $X.X billion. Despite this forecast decline, the industry is likely to benefit from a greater focus on fresh food and an increased range of services. Population growth is also anticipated to support industry demand. Changing opportunities The industry's trading environment is forecast to remain challenging over the next five years, but convenience stores will benefit from some growth opportunities. Industry operat...
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Convenience Stores industry statistics

  • attach_money Market Size: $5bn
  • business Number of Businesses: 8,919
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 25,917

Biggest companies in the Convenience Stores industry

The companies holding the largest market share in the Convenience Stores in Australia industry include 7-Eleven Stores Pty Ltd.

  • pie_chart 7-Eleven Stores Pty Ltd Market Share: x.x%
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What is Convenience Stores industry?

Industry Definition

Convenience stores sell a range of products including cigarettes, beverages, confectionery, snack foods, ready-to-eat foods, mobile phones and accessories, magazines, newspapers, and general merchandise. The industry includes milk bars and corner stores and excludes businesses that primarily operate as supermarkets; sell specialised foods such as fruit, bread and deli goods; or generate most of their sales through fuel retailing.

Industry Products and Services

  • Tobacco
  • Beverages
  • Communications, travel and car accessories
  • Snacks, confectionery and ice cream
  • Ready-to-eat food
  • Printed materials
  • Groceries
  • Health and beauty products

Industry Activities

  • Convenience store operation
  • Tobacco product retailing
  • Beverage retailing
  • Confectionery retailing
  • Ready-to-eat food retailing
  • Newspaper and magazine retailing

Market research report - table of contents

Industry Definition

Convenience stores sell a range of products including cigarettes, beverages, confectionery, snack foods, ready-to-eat foods, mobile phones and accessories, magazines, newspapers, and general merchandise. The industry includes milk bars and corner stores and excludes businesses that primarily operate as supermarkets; sell specialised foods such as fruit, bread and deli goods; or generate most of their sales through fuel retailing.

Main Activities

  • Convenience store operation
  • Tobacco product retailing
  • Beverage retailing
  • Confectionery retailing
  • Ready-to-eat food retailing
  • Newspaper and magazine retailing

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

The industry faces fierce competition from supermarkets such as Woolworths and Coles. These dominant retail chains have significant economies of scale, an...
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Demand from supermarkets and grocery stores
Population
Real household disposable income
Smoking rate

Current Performance

Threat of competition
Profit margins
Franchises and traditional operators
 Chart: Revenue Growth

Industry Outlook

Threat of competition
Profit margins
Industry structure
 Table: Convenience Stores in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Convenience Stores in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Consumers in Australia






Key Selling Industries

Meat, Poultry and Smallgoods Wholesaling in Australia
Dairy Produce Wholesaling in Australia
Fruit and Vegetable Wholesaling in Australia
Soft Drink and Pre-Packaged Food Wholesaling in Australia
Tobacco Product Wholesaling in Australia
General Line Grocery Wholesaling in Australia
Pharmaceuticals Wholesaling in Australia
Cosmetics and Toiletry Wholesaling in Australia

Products & Services

Convenience stores sell a range of goods, including beverages, mobile phones and accessories, newspapers, confectionery, ready-to-eat foods, and cigarette...
People aged 34 and under
People aged 55 and over




Demand Determinants

A range of factors, such as disposable income, store location, consumer trends, demographic changes and the availability of substitutes, influence demand ...
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Major Markets

People aged 34 and under
People aged 55 and over





 Chart: Major Market Segmentation for the Convenience Stores in Australia - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

The Convenience Stores industry displays low market share concentration, with the top four players accounting for less than 20% of revenue in 2019-20. The...
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Convenience Stores in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Convenience Stores in Australia - Market Research Report Industry

Industry Globalization

In Australia, 7-Eleven Stores Pty Ltd is privately owned by the Withers and Barlow families. The original 7-Eleven company was founded in the United State...
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7-Eleven Stores

 Table: 7-Eleven Stores - financial performance

Capital Intensity

The Convenience Stores industry is characterised by moderate capital intensity. For every dollar spent on capital costs in the current year, an estimated ...
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 Chart: Level of Capital Intensity for the Convenience Stores in Australia - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Convenience Stores in Australia Industry

Industry Revenue (2007-2026)
Industry Gross Product (2007-2026)
Establishments (2007-2026)
Businesses (2007-2026)
Employment (2007-2026)
Exports (2007-2026)
Imports (2007-2026)
Wages (2007-2026)
Domestic Demand (2007-2026)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

BANNER GROUP

POINT OF SALE EQUIPMENT

SELF-SERVICE CHECK-OUTS

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Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

Why buy this report on the Convenience Stores industry?

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This report on Convenience Stores in Australia:

  • Provides Market Size information to assist with planning and strategic decisions.
  • Includes the necessary information to perform SWOT, PEST and STEER analysis.
  • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
  • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.

The Convenience Stores in Australia market research report includes:

  • Historical data and analysis for the key drivers of this industry
  • A five-year forecast of the market and noted trends
  • Detailed research and segmentation for the main products and markets
  • An assessment of the competitive landscape and market shares for major companies
  • And of course, much more

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