North Asia accounts for close to 90% of the Asian convenience store industry. Convenience store density is highest in Japan and Taiwan, with more than 300 stores per million people.
Concentration of modern retail trade in Asia is expected to account for 54% of the total retail industry by 2010. North Asia accounts for close to 90% of the c-store industry.
Asian region remains the fastest growing convenience store market in world. Major retail markets registered explosive growth in opening up of new convenience store except Japan.
Germany is the Europe\'s largest industry and generated 27.5% of the region?s revenues in the year 2005. Belgium service station market has increased with highest CAGR value of 13.8% (2001-2005).
Most Asian countries experienced a 10% increase in new stores in the year 2005, with the exception being Japan. In future Indonesia, Vietnam and India are expected to be the potential markets.
Research revealed that 2004-05 has proved to be a profitable year for the industry surging a stupendous growth of near about 17.1% registering a record sales of US $394.7billion.