NAMA Foundation Research Shows Full Recovery for Many Operators, Projects Annual Revenue to Top $40 Billion by 2028. Convenience services industry annual revenue is estimated to have reached $26.6 Billion in 2023, for the first time matching the industry’s pre-pandemic revenue level.
The findings, from The State of Convenience Services: A 2022-2023 Industry Census, just released by the NAMA Foundation, suggest that the long-awaited recovery has arrived for many, but not all, industry participants.
The Census projects a 9% average annual revenue growth rate through 2028. By this time, the industry is expected to reach a revenue of more than $40 billion.
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