Bottoms down: Revenue will be sensitive to any changes in Ontario's strict alcohol control laws

Over the five years to 2018, the Convenience Stores industry in Ontario has withstood increasing competition by offering convenience, value and a variety of fresh and healthful products. However, operators have struggled to flourish amid Ontario's strict alcohol laws, which prohibit the sale of beer and wine products at convenience stores. In 2018, the Liquor Control Board of Ontario permitted select grocery stores to retail beer and wine products. However, the ban on alcohol is still enforced for convenience stores. Over the five years to 2023, industry revenue is anticipated to increase. However, industry revenue will be sensitive to any changes in Ontario's strict alcohol control laws...read more.

Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 13-18
1.5%
Forecast Growth 18-23
Profit
Employment
15,428
Businesses
5,149

Industry Threats & Opportunities

  • Operators have struggled to flourish amid Ontario’s strict alcohol laws
  • Industry Report - Industry Locations Chapter

    Ontario is the most saturated of all Canadian provinces, with an estimated 42.2% of total industry establishments. It is also the most populous province, comprising 38.7% of the population. Akin to the broader wholesale and retail trade sector, Ontarian operators are centralized in a few key areas of the province. The Toronto economic region regularly comprises more than 48.0% of the sector's employment. Toronto, the urban centre of Ontario, is an ideal home for industry operators due to its population density and high foot traffic. Furthermore, the two largest industry operators, Alimentation Couche-Tard and 7-Eleven Inc., operate the majority of their establishments in Toronto. Operators in the region are also likely to be larger and employ a greater number of workers...purchase to read more.

    Additional Insights for the Convenience Stores in Ontario Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Convenience Stores in Ontario Industry are

  • Ability to control stock on hand
  • Maintenance of excellent customer relations
  • Access to multiskilled and flexible workforce
  • IBISWorld analysts also discuss how external factors such as Per capita disposable income in Ontario and Consumer price index for food in the Convenience Stores in Ontario industry impact industry performance..

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    What's in this report

    What is the Convenience Stores in Ontario Industry?

    This industry comprises establishments in Ontario known as convenience stores or food marts, except those with fuel pumps, that are primarily engaged in retailing a limited line of goods that generally includes milk, bread, soda and snacks.

    Industry Products
  • Tobacco products
  • Beverages
  • Candy and snacks
  • Other products
  • Food services
  • Industry Activities
  • Retailing tobacco and tobacco products
  • Retailing dispensed and bottled beverages
  • Retailing prepared food
  • Retailing food prepared on-site for immediate consumption
  • Retailing OTC medication and other sundries
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Per capita disposable income in Ontario
  • Consumer price index for food
  • Number of Adults aged 15 to 64 in Ontario
  • National unemployment rate
  • Percentage of smokers

  • Current Performance
    Industry Outlook
    Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Convenience Stores in Ontario Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Consumers in Canada

  • Key Selling Industries
  • Candy Production in Canada
  • Cigarette & Tobacco Manufacturing in Canada
  • Snack Food Production in Canada
  • Soda Production in Canada

  • Products & Services
  • Tobacco products
  • Other products
  • Food services
  • Beverages
  • Candy and snacks
  • Chart: Convenience Stores in Ontario Industry Products and Services Segmentation

  • Major Markets
  • Consumers aged 25 to 44
  • Consumers aged 45 to 64
  • Consumers aged 65 and older
  • Consumers aged under 25
  • Chart: Major Market Segmentation for the Convenience Stores in Ontario Industry

  • Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Convenience Stores in Ontario

  • Basis of Competition
    Barriers to Entry
    Alimentation Couche-Tard Inc., 7-Eleven Inc., Little Short Stop Stores, Quickie Convenience Stores,
  • Table: Alimentation Couche-Tard Inc. - financial performance
  • Table: 7-Eleven Inc. - financial performance
  • Table: Little Short Stop Stores - financial performance
  • Table: Quickie Convenience Stores - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Convenience Stores in Ontario Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Convenience Stores in Ontario Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Per capita disposable income in Ontario (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Interchange Fee
  • A fee that banks and credit card companies charge convenience store owners when consumers use credit and debit cards for purchases.
  • Mom-And-Pop Store
  • A business that is owned and operated in a single location with few or no employees other than the owner or owners.
  • Point Of Sale (Pos)
  • A system used at checkout in retail stores using computers and cash registers to capture transaction data at the time and place of sale.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Convenience Stores in Ontario market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Convenience Stores in Ontario:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Convenience Stores in Ontario market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Convenience Stores in Ontario, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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