Convenience Store Industry Staistics, Sales Data,Market Share & Trends 2016-2024

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United States Convenience Store Industry Size (USD
Billion) & Y-O-Y growth (%), 2016-2024
XX
XX
XX
XX
XX
XX%
CAGR: (2016-2024)
XX
XX
XX
XX
XX
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United States Convenience Store Industry Size (USD Billion), Compound Annual Growth Rate
(%), Y-O-Y Growth Rate (%), 2016-2024
XX
XX
XX%
XX%
XX%
XX%
XX%
XX
XX%
XX
XX
XX%
XX% XX% XX% XX% XX%
XX%
XX%
XX%
XX%
XX
XX%
XX
XX%
XX
2016e 2017e 2018f 2019f 2020f 2021f 2022f 2023f
Source: Goldstein Research
-XX%
Key Insights
Fig: 24: U.S Increase in No. of Convenience
Stores, 2012-2016
The U.S. convenience store count increased to
XXX,000 stores as of December 31, 2017, a XX%
increase (XXX stores) from the year prior. Overall,
nearly 80% of convenience stores (XXX thousand
total) sell fuel
Single-store operators within the convenience retail
space also increased by XX units (XX%), up from
XX,000 stores at year-end 2016 to XXXX stores at
year-end 2017. Further, the supermarkets and
grocery store industry makes up the largest food
retail channel in the United States. Industry
revenue totaled approximately USD XX billion in
2016, and profit was USD XX billion
XX
XX
XX
XX
XX
XX
XX
XX
XX
2016 2017 2018 2019 2020 2021 2022 2023 2024
Source: Goldstein Research
C-stores in North America should continue to grow, as small-format stores are projected to see a XX%
CAGR from 2016 to 2024 versus XX% for big-box stores. According to Goldstein Research, XX% of
current retail sales growth is coming from stores of 35,000 square feet and smaller, and over one-third
of that portion is coming from stores 5,000 square feet or smaller. In the U.S., C-stores have grown by
over XX% from 1984 to 2013, to approximately XXX,000 stores. However, the top 100 convenience
store operators only account for XX% of the stores and the top XX account for XX%.