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What are the problems in the development of community convenience stores?
China convenience store market has many brands and low concentration.
At present, the development of convenience stores in China is still in a period of rapid development, and there are more convenience store brands (more than 260), but the market share concentration of convenience store enterprises in China is low, which is far from that of Japanese convenience store enterprises. In 20 18, the CR3 and CR5 of convenience store industry in China were 26.4% and 37.5% respectively. In Japan, CR3 and CR5 are 80% and 94% respectively. At the same time, due to the great differences among regions in China, convenience stores are mostly regional.
—— The above data comes from the Analysis Report on Market Foresight and Investment Strategic Planning of China Convenience Store Industry by Forward-looking Industry Research Institute.
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