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United Kingdom Convenience Retailing Market Report 2019-2024 - ResearchAndMarkets.com

November 13, 2019 GMT

DUBLIN--(BUSINESS WIRE)--Nov 13, 2019--

The “UK Convenience Retailing 2019 - 2024” report has been added to ResearchAndMarkets.com’s offering.

The UK convenience market is forecast to grow 16.4% between 2019 to 2024, outperforming the total food & grocery market as shoppers continue to prioritise speed of product acquisition. Convenience multiples, symbol groups and co-operatives are set to gain market share by 2024, using economies of scale to overpower unaffiliated independents.

This report provides in-depth analysis of the key drivers and inhibitors of growth in the market, the market’s hot topics, the size of the market and sub-sector growth, market shares of the major convenience retailers, profiles on the major convenience retailers, and also includes analysis of consumer activity in the market.

Key Highlights

  • Spend on food products will continue to drive the convenience market, rising an average of 4% per year during 2019-2024 as opposed to only 1% for non-food products.
  • The greatest convenience market share gains by 2024 will be experienced by Tesco (using Booker to generate greater supply synergies), SPAR (growing through a lack of a like-for-like competitor) and Co-op (shedding its premium reputation to draw in more shoppers).
  • The proportion of consumers using a c-store as the main place for their weekly shop rose from 15.6% in 2017 to 20.9% in 2019, as the condition that a grocer must carry a wide range is waning.

Reasons to Buy

  • Understand the evolution of the UK tobacco & e-cigarette market, allowing you to tailor your sales mix to better meet the needs of your customers.
  • Gain insight into the far-reaching trends impacting the convenience market - including electric cars and autonomous robotic delivery - to allow you to better prepare strategies for long-term success.
  • Learn how food on the go will continue to dominate growth at convenience retailers, enabling you to better compete with operators with a fuller food on the go proposition.
  • Determine the difference in shopping habits between consumers with and without dietary requirements, facilitating you to appropriately rebalance your free-from food offer.

Key Topics Covered

THE HOT ISSUES

  • Market drivers & inhibitors
  • Main issues in convenience retailing
  • Strategies for success

WHAT PEOPLE BUY

  • Headlines
  • The sector at a glance
  • Overall channel size
  • Convenience channel growth in context
  • Convenience proportions of retail
  • Convenience channel in context
  • Food versus non-food growth in convenience
  • Category splits
  • Category penetration
  • Category splits by convenience channel
  • Category growth

WHERE PEOPLE SHOP

  • Headlines
  • Channels of distribution
  • Convenience channel growth rates
  • Market shares of major convenience operators
  • Historic market shares of major convenience operators
  • Forecast market shares of major convenience operators
  • Convenience store numbers by retailer
  • Convenience store numbers
  • Convenience space by retailer
  • Convenience space growth
  • Retailer summaries
  • Retailer profiles
  • Tesco
  • Co-op
  • SPAR
  • Sainsbury’s Local
  • M&S Simply Food
  • Nisa
  • McColl’s

HOW AND WHY PEOPLE SHOP

  • Headlines
  • Who shops
  • Shopper preferences
  • Shopper motivations
  • Shopper habits
  • Shopper diets

METHODOLOGY

WHAT IS INCLUDED

Companies Mentioned

  • 7-Eleven
  • Aldi
  • Alibaba
  • Amazon Go
  • Argos
  • Budgens
  • Costcutter
  • Deliveroo
  • Gridserve
  • Heron Foods
  • House of Vapes
  • JD.com
  • John Lewis & Partners
  • Just Eat
  • Marks & Spencer
  • McColl’s Retail Group
  • MobyMart
  • Morrisons
  • Ocado
  • Sainsbury’s
  • SPAR

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

View source version on businesswire.com:https://www.businesswire.com/news/home/20191113005357/en/

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KEYWORD: UNITED KINGDOM EUROPE

INDUSTRY KEYWORD: RETAIL CONVENIENCE STORE

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 11/13/2019 05:39 AM/DISC: 11/13/2019 05:39 AM

http://www.businesswire.com/news/home/20191113005357/en