Industry Analysis & Industry Trends
While the Gas Stations industry has benefited from the recovery of the trucking sector and improving per capita discretionary income over the past five years, successive declines in the price of crude oil have resulted in higher revenue volatility for industry operators. In the next five years, the industry is forecast to experience subdued growth. Competition is anticipated to grow, while greater adoption of fuel-efficient vehicles will place downward pressure on demand for gasoline. Operators will benefit from an anticipated rebound in input costs as the world price of crude oil is forecast to grow over the next five years... purchase to read more
Industry Report - Industry Products Chapter
The primary product sold at gas stations is vehicle fuel, which accounts for an estimated 90.0% of industry revenue in 2015. The sale of car parts, accessories and services rendered for auto repair, as well as sales from car washes and cleaning, make up the remaining 10.0% of revenue. Of these extra services, automotive repairs contribute the greatest revenue to the industry.
Regular gasoline is anticipated to constitute about 48.1% of revenue in 2015. This figure represents a slight decline from 2010, due to the growth of diesel fuel sales. Demand for regular fuel has remained relatively stable over the five-year period, amid rising disposable income and total vehicle kilometers driven by consumers... purchase to read more