Euromonitor International
- Item successfully added to cart!
  
  Your cart is empty
  
  Check Out View Cart

Country Report

Convenience Stores in

Convenience Stores in Singapore

40 pages, Jan 2018

US$990

Add to cart Pay by invoice

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

Executive Summary

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

PROSPECTS

Value proposition of convenience stores slowly eroded by supermarkets

Convenience stores have experienced slowing growth and sales as of late, partially due to economic and regulatory factors, but more so as a result of their value proposition being diminished by supermarkets and hypermarkets. Traditionally, prices of goods at convenience stores have always been higher than at supermarkets and hypermarkets, in addition to the latter being able to offer a larger variety of groceries, food items and essentials that convenience stores are unable to provide.

24-hour opening by supermarkets provides further blow to convenience stores

Perhaps the biggest blow to convenience stores is the fact that some supermarkets have started to operate several outlets for 24 hours, and it is expected that more outlets, especially those in residential districts, would begin operating for 24 hours as well. By doing so, the convenience factor touted by convenience stores is no longer a selling point; coupled with higher unit prices and reduced variety of products sold, there is lesser, or no, incentive for consumers to patronise convenience stores as often as before.

Convenience stores providing extra services as a means of adding value

In an effort to remain relevant and differentiate themselves from supermarkets, convenience stores have been adding extra services at their outlets. The most notable service addition is the development of foodservice facilities, either vending machines or seating areas, in addition to increasing the number of packaged, ready-to-eat meals available at outlets.

COMPETITIVE LANDSCAPE

7-Eleven still dominates, with planned revamps in the pipeline

7-Eleven remains the clear leader in convenience stores, with significantly more outlets and value sales than Cheers. In recent years, 7-Eleven has begun a store rationalisation programme to close down unprofitable stores, and has also been revamping its remaining outlets to accommodate its revamped goods and service offerings.

First ever unmanned convenience store opened and operated by Cheers

Cheers launched Singapore’s first unmanned and cashless convenience store in 2017, in a trial to test the market’s receptiveness to an unmanned store. Customers would have to first download and register with the Cheers mobile application, which will be used to gain entry into the store.

Files are delivered directly into your account within a few minutes of purchase.

Overview

Why buy this report?

Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.

OLD CATEGORY

Delivery method: instant download
Report format: PDF

(download a sample)

Market statistics: Excel workbook

(download a sample)

Overview

Discover the latest market trends and uncover sources of future market growth for the Convenience Stores industry in Singapore with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Convenience Stores industry in Singapore, our research will save you time and money while empowering you to make informed, profitable decisions.

The Convenience Stores in Singapore market research report includes:

Analysis of key supply-side and demand trends
Detailed market shares for international and locally-based retailers
Historic number of stores, selling spaces and values, company and brand market shares
Five year forecasts of market trends and market growth
Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

What is the market size of Convenience Stores in Singapore?
Are consumers looking for convenient shopping options in Singapore?
Are store numbers growing or shrinking in convenience stores?
Are branded stores winning against independents?

Why buy this report?

Gain competitive intelligence about market leaders
Track key industry trends, opportunities and threats
Inform your marketing, brand, strategy and market development, sales and supply functions

This industry report originates from Passport, our Retailing market research database.

Want to find out more about this report?

Request more information

Convenience Stores in Singapore - Category analysis

HEADLINES

PROSPECTS

Value proposition of convenience stores slowly eroded by supermarkets

24-hour opening by supermarkets provides further blow to convenience stores

Convenience stores providing extra services as a means of adding value

COMPETITIVE LANDSCAPE

7-Eleven still dominates, with planned revamps in the pipeline

First ever unmanned convenience store opened and operated by Cheers

CHANNEL DATA

Table 1 Convenience Stores: Value Sales, Outlets and Selling Space 2012-2017
Table 2 Convenience Stores: Value Sales, Outlets and Selling Space: % Growth 2012-2017
Table 3 Convenience Stores GBO Company Shares: % Value 2013-2017
Table 4 Convenience Stores GBN Brand Shares: % Value 2014-2017
Table 5 Convenience Stores LBN Brand Shares: Outlets 2014-2017
Table 6 Convenience Stores LBN Brand Shares: Selling Space 2014-2017
Table 7 Convenience Stores Forecasts: Value Sales, Outlets and Selling Space 2017-2022
Table 8 Convenience Stores Forecasts: Value Sales, Outlets and Selling Space: % Growth 2017-2022

Retailing in Singapore - Industry Overview

EXECUTIVE SUMMARY

Changing consumer habits have affected retail industry significantly

Omnichannel retailing to become an increasingly important strategy for all retailers

Flagship stores offer silver lining for offline retailers

Cross-border purchases make up a significant portion of internet retailing sales

Mobile internet retailing to become the next wave of internet revolution

OPERATING ENVIRONMENT

Informal retailing

Opening hours

Summary 1 Standard Opening Hours by Channel Type 2017

Physical retail landscape

Cash and carry

Seasonality

Great Singapore Sale
Christmas and New Year
Black Friday
Single’s Day

Payments and delivery

Emerging business models

MARKET DATA

Table 9 Sales in Retailing by Store-based vs Non-Store: Value 2012-2017
Table 10 Sales in Retailing by Store-based vs Non-Store: % Value Growth 2012-2017
Table 11 Sales in Store-based Retailing by Channel: Value 2012-2017
Table 12 Sales in Store-based Retailing by Channel: % Value Growth 2012-2017
Table 13 Store-based Retailing Outlets by Channel: Units 2012-2017
Table 14 Store-based Retailing Outlets by Channel: % Unit Growth 2012-2017
Table 15 Sales in Non-Store Retailing by Channel: Value 2012-2017
Table 16 Sales in Non-Store Retailing by Channel: % Value Growth 2012-2017
Table 17 Grocery Retailers: Value Sales, Outlets and Selling Space 2012-2017
Table 18 Grocery Retailers: Value Sales, Outlets and Selling Space: % Growth 2012-2017
Table 19 Sales in Grocery Retailers by Channel: Value 2012-2017
Table 20 Sales in Grocery Retailers by Channel: % Value Growth 2012-2017
Table 21 Grocery Retailers Outlets by Channel: Units 2012-2017
Table 22 Grocery Retailers Outlets by Channel: % Unit Growth 2012-2017
Table 23 Non-Grocery Specialists: Value Sales, Outlets and Selling Space 2012-2017
Table 24 Non-Grocery Specialists: Value Sales, Outlets and Selling Space: % Growth 2012-2017
Table 25 Sales in Non-Grocery Specialists by Channel: Value 2012-2017
Table 26 Sales in Non-Grocery Specialists by Channel: % Value Growth 2012-2017
Table 27 Non-Grocery Specialists Outlets by Channel: Units 2012-2017
Table 28 Non-Grocery Specialists Outlets by Channel: % Unit Growth 2012-2017
Table 29 Mixed Retailers: Value Sales, Outlets and Selling Space 2012-2017
Table 30 Mixed Retailers: Value Sales, Outlets and Selling Space: % Growth 2012-2017
Table 31 Sales in Mixed Retailers by Channel: Value 2012-2017
Table 32 Sales in Mixed Retailers by Channel: % Value Growth 2012-2017
Table 33 Mixed Retailers Outlets by Channel: Units 2012-2017
Table 34 Mixed Retailers Outlets by Channel: % Unit Growth 2012-2017
Table 35 Retailing GBO Company Shares: % Value 2013-2017
Table 36 Retailing GBN Brand Shares: % Value 2014-2017
Table 37 Store-based Retailing GBO Company Shares: % Value 2013-2017
Table 38 Store-based Retailing GBN Brand Shares: % Value 2014-2017
Table 39 Store-based Retailing LBN Brand Shares: Outlets 2014-2017
Table 40 Non-Store Retailing GBO Company Shares: % Value 2013-2017
Table 41 Non-Store Retailing GBN Brand Shares: % Value 2014-2017
Table 42 Grocery Retailers GBO Company Shares: % Value 2013-2017
Table 43 Grocery Retailers GBN Brand Shares: % Value 2014-2017
Table 44 Grocery Retailers LBN Brand Shares: Outlets 2014-2017
Table 45 Grocery Retailers LBN Brand Shares: Selling Space 2014-2017
Table 46 Non-Grocery Specialists GBO Company Shares: % Value 2013-2017
Table 47 Non-Grocery Specialists GBN Brand Shares: % Value 2014-2017
Table 48 Non-Grocery Specialists LBN Brand Shares: Outlets 2014-2017
Table 49 Non-Grocery Specialists LBN Brand Shares: Selling Space 2014-2017
Table 50 Mixed Retailers GBO Company Shares: % Value 2013-2017
Table 51 Mixed Retailers GBN Brand Shares: % Value 2014-2017
Table 52 Mixed Retailers LBN Brand Shares: Outlets 2014-2017
Table 53 Mixed Retailers LBN Brand Shares: Selling Space 2014-2017
Table 54 Forecast Sales in Retailing by Store-based vs Non-Store: Value 2017-2022
Table 55 Forecast Sales in Retailing by Store-based vs Non-Store: % Value Growth 2017-2022
Table 56 Forecast Sales in Store-based Retailing by Channel: Value 2017-2022
Table 57 Forecast Sales in Store-based Retailing by Channel: % Value Growth 2017-2022
Table 58 Forecast Store-based Retailing Outlets by Channel: Units 2017-2022
Table 59 Forecast Store-Based Retailing Outlets by Channel: % Unit Growth 2017-2022
Table 60 Forecast Sales in Non-Store Retailing by Channel: Value 2017-2022
Table 61 Forecast Sales in Non-Store Retailing by Channel: % Value Growth 2017-2022
Table 62 Grocery Retailers Forecasts: Value Sales, Outlets and Selling Space 2017-2022
Table 63 Grocery Retailers Forecasts: Value Sales, Outlets and Selling Space: % Growth 2017-2022
Table 64 Forecast Sales in Grocery Retailers by Channel: Value 2017-2022
Table 65 Forecast Sales in Grocery Retailers by Channel: % Value Growth 2017-2022
Table 66 Forecast Grocery Retailers Outlets by Channel: Units 2017-2022
Table 67 Forecast Grocery Retailers Outlets by Channel: % Unit Growth 2017-2022
Table 68 Non-Grocery Specialists Forecasts: Value Sales, Outlets and Selling Space 2017-2022
Table 69 Non-Grocery Specialists Forecasts: Value Sales, Outlets and Selling Space: % Growth 2017-2022
Table 70 Forecast Sales in Non-Grocery Specialists by Channel: Value 2017-2022
Table 71 Forecast Sales in Non-Grocery Specialists by Channel: % Value Growth 2017-2022
Table 72 Forecast Non-Grocery Specialists Outlets by Channel: Units 2017-2022
Table 73 Forecast Non-Grocery Specialists Outlets by Channel: % Unit Growth 2017-2022
Table 74 Mixed Retailers Forecasts: Value Sales, Outlets and Selling Space 2017-2022
Table 75 Mixed Retailers Forecasts: Value Sales, Outlets and Selling Space: % Growth 2017-2022
Table 76 Forecast Sales in Mixed Retailers by Channel: Value 2017-2022
Table 77 Forecast Sales in Mixed Retailers by Channel: % Value Growth 2017-2022
Table 78 Forecast Mixed Retailers Outlets by Channel: Units 2017-2022
Table 79 Forecast Mixed Retailers Outlets by Channel: % Unit Growth 2017-2022

Megatrends

Country Report

Convenience Stores in Singapore

New Report Guarantee

Executive Summary

New Report Guarantee

PROSPECTS

Value proposition of convenience stores slowly eroded by supermarkets

24-hour opening by supermarkets provides further blow to convenience stores

Convenience stores providing extra services as a means of adding value

COMPETITIVE LANDSCAPE

7-Eleven still dominates, with planned revamps in the pipeline

First ever unmanned convenience store opened and operated by Cheers

Overview

Why buy this report?

Want to find out more about this report?

Table of Contents

Convenience Stores in Singapore - Category analysis

HEADLINES

PROSPECTS

Value proposition of convenience stores slowly eroded by supermarkets

24-hour opening by supermarkets provides further blow to convenience stores

Convenience stores providing extra services as a means of adding value

COMPETITIVE LANDSCAPE

7-Eleven still dominates, with planned revamps in the pipeline

First ever unmanned convenience store opened and operated by Cheers

CHANNEL DATA

Retailing in Singapore - Industry Overview

EXECUTIVE SUMMARY

Changing consumer habits have affected retail industry significantly

Omnichannel retailing to become an increasingly important strategy for all retailers

Flagship stores offer silver lining for offline retailers

Cross-border purchases make up a significant portion of internet retailing sales

Mobile internet retailing to become the next wave of internet revolution

OPERATING ENVIRONMENT

Informal retailing

Opening hours

Physical retail landscape

Cash and carry

Seasonality

Payments and delivery

Emerging business models

MARKET DATA

DEFINITIONS

SOURCES

Why buy this report?

Want to find out more about this report?

Recently Viewed

Complete Catalogue

Country Reports

Recently Viewed

Complete Catalogue

Country Reports