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Convenience Stores in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Convenience Stores in Canada Market Research Report | NAICS 44512CA | Feb 2016

Minor inconvenience: The industry will lose customers to lower-price competitors

IBISWorld’s Convenience Stores market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$7bn
Annual Growth 11-16
0.4%
Annual Growth 16-21
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Profit
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Employment
48,103
Businesses
12,998
Industry Analysis & Industry Trends

The Convenience Stores has struggled to overcome slow demand over the past five years. While per capita disposable income has improved and the national unemployment rate has continued to drop, consumers have remained wary of spending money at convenience stores because they typically carry higher markups than competing grocery or mass merchandise stores. While the economy is expected to improve over the next five years and provide a boost to the industry, increased regulation, competition and continued acquisition activity will limit growth... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Convenience Stores industry is in the mature stage of its life cycle. In the 10 years to 2021, the industry's value added (IVA), a measure of the industry's contribution to the overall economy, is expected to decrease slightly at an average annual rate of 0.1%. Comparatively, Canadian GDP is forecast to increase an annualized 1.9% during the same period. This indicates the industry is squarely within the mature phase of its lifecycle. While IVA is declining, it has only dipped at a slow annualized rate. Part of this decline is due to the industry's consolidation as well as tough economic times... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Convenience Stores Industry?

This industry consists of retail businesses that primarily sell basic food, beverage and tobacco merchandise in convenient locations during extended hours of operation. This report excludes gas stations, gas stations with convenience stores, grocery stores and small kiosks. See IBISWorld report 44711CA for information on gas stations with convenience stores and IBISWorld report 44719 for information on standalone gas stations.

Industry Products
Tobacco productsFood serviceBeveragesCandy and snacksLiquor, drugs and other itemsOther products
 
Industry Activities
Retailing tobacco and tobacco productsRetailing dispensed and bottled beveragesRetailing prepared foodRetailing food prepared onsite for immediate consumptionRetailing OTC medication and other sundries


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