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Gas Stations in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Gas Stations in Canada Market Research Report | NAICS 44719CA | Oct 2015

Half empty: The industry will experience subdued growth as competition increases

IBISWorld’s Gas Stations market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$35bn
Annual Growth 10-15
-0.8%
Annual Growth 15-20
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Profit
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Employment
40,495
Businesses
3,586
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 - Starting a New Business Chapter

Barriers to entry for the Gas Stations industry are high and have increased over the past five years. First and foremost, the declining nature of this industry serves as the key barrier for prospective business owners. Due to intensifying competition from gas stations that operate alongside convenience stores, many operators have exited this industry in recent years, causing the number of enterprises to decline. In addition, growing purchase costs and swipe fees have caused some retailers to operate at a loss, deterring potential entrants from pursuing a gas station business. Along with the declining nature of this industry and low profit margins, prospects must secure significant capital to either purchase or lease retail space... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Gas Stations Industry?

This industry comprises establishments primarily engaged in retailing gasoline, diesel fuel and automotive oils. More specifically, this industry excludes gasoline stations operated in conjunction with a restaurant or other type of operation, such as convenience stores. Establishments that operate restaurants or convenience store franchises on behalf of their owners are also not included in the industry.

Industry Products
Regular gasolineMidgrade and premium gasolineDiesel fuelAutomotive parts and services
 
Industry Activities
Selling automotive fuels (e.g. diesel fuel and gasoline)Selling automotive goodsProviding automotive repair services


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