Gassed up: Revenue is anticipated to grow strongly as the world price of crude oil rebounds

For the Gas Stations with Convenience Stores industry in Canada, the past five years have been defined by two different trends: greater demand for vehicle fuel and higher prices boosted revenue. Consumer demand has risen with growth in per capita disposable income and consumer confidence. Industry revenue is expected to rise over the five years to 2018. General economic growth driven by rising incomes, consumer spending and trade activity are expected to lift demand for fuel. Industry revenue is forecast to grow over the five years to more.

Industry Statistics & Market Size
Annual Growth 13-18
Forecast Growth 18-23

Industry Threats & Opportunities

  • Rising incomes, consumer confidence and trade activity are expected to lift demand for fuel
  • The average fuel economy has risen in response to consumer demand and emissions regulation
  • Consumer preferences will continue to turn toward more fuel-efficient vehicles
  • Industry Report - Industry Investment Chapter

    The Gas Stations with Convenience Stores industry in Canada is characterized by a moderate level of capital intensity. Using depreciation as a proxy for capital and wages as a proxy for labour, IBISWorld estimates that for every $1.00 spent on labour in the industry, $0.15 will be spent on capital in 2018. This figure has remained stable over the past five years as capital expenditures rose in tandem with wage costs. The vast majority of operators' costs are associated with purchasing fuel for resale. Therefore, neither wages nor depreciation constitutes a substantial portion of costs for operators. Operators' capital expenses include purchases of land and buildings, fuel tanks, fuel pumps, point-of-sale systems, store shelving, computers and furniture...purchase to read more.

    Additional Insights for the Gas Stations with Convenience Stores Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Gas Stations with Convenience Stores Industry are

  • Easy access for clients
  • Use of high volume/low margin strategy
  • Supply contracts in place for key inputs
  • IBISWorld analysts also discuss how external factors such as World price of crude oil and Net gasoline sales in the Gas Stations with Convenience Stores industry impact industry performance..

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    What's in this report

    What is the Gas Stations with Convenience Stores Industry?

    This industry is composed of establishments that retail automotive fuels and a limited line of merchandise in a convenience store setting. Industry establishments may also provide automotive repair services. This industry is distinct from the Convenience Stores industry in Canada and the Gas Stations industry in Canada (see IBISWorld reports 44512CA and 44719CA, respectively).

    Industry Products
  • Regular gasoline
  • Mid-grade gasoline
  • Premium gasoline
  • Diesel fuel
  • Automotive repair and parts
  • Food and drink
  • Alcoholic beverages
  • Tobacco products and lottery
  • Industry Activities
  • Retailing automotive fuels (e.g. gasoline and diesel fuel)
  • Retailing groceries, beverages, snacks and other merchandise
  • Retailing tobacco products
  • Performing automotive services (e.g. repairs and car washes)
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • World price of crude oil
  • Net gasoline sales
  • Total vehicle-kilometres
  • Consumer Confidence Index
  • Per capita disposable income

  • Current Performance
  • Fuel demand determinants
  • Shifting consumer trends
  • Reorganized industry landscape
  • Chart: Revenue Growth

  • Industry Outlook
  • Consumer spending on fuel
  • Trucking demand
  • Industry profit and composition
  • Table: Gas Stations with Convenience Stores Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Gas Stations with Convenience Stores Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Local Freight Trucking in Canada
  • Long-Distance Freight Trucking in Canada
  • Local Specialized Freight Trucking in Canada
  • Tank & Refrigeration Trucking in Canada
  • Taxi & Limousine Services in Canada
  • Consumers in Canada

  • Key Selling Industries
  • Cigarette & Tobacco Product Wholesaling in Canada
  • Gasoline & Petroleum Wholesaling in Canada
  • Grocery Wholesaling in Canada
  • Petroleum Refining in Canada

  • Products & Services
  • Regular gasoline
  • Food and drink
  • Tobacco products and lottery
  • Diesel fuel
  • Alcoholic beverages
  • Automotive repair and parts
  • Premium gasoline
  • Mid-grade gasoline
  • Chart: Gas Stations with Convenience Stores Industry Products and Services Segmentation

  • Demand Determinants
  • Gasoline prices and fuel efficiency
  • Merchandise trends

  • Major Markets
  • Households
  • Transportation industries
  • Agricultural sector
  • Industrial uses
  • Public organizations
  • Chart: Major Market Segmentation for the Gas Stations with Convenience Stores Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesOther costs
  • Chart: Cost Structure Benchmarking – Sector vs Gas Stations with Convenience Stores

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Gas Stations with Convenience Stores Industry

  • Industry Globalization
    Suncor Energy Inc., Imperial Oil Limited, Alimentation Couche-Tard Inc., Parkland Fuel Corporation,
  • Table: Suncor Energy Inc. - financial performance
  • Table: Imperial Oil Limited - financial performance
  • Table: Alimentation Couche-Tard Inc. - financial performance
  • Table: Parkland Fuel Corporation - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Gas Stations with Convenience Stores 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 Gas Stations with Convenience Stores Industry
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Net gasoline sales in Canada (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Major Oil Companies
  • Large, vertically integrated resource extractors and refiners that wholesale petroleum products.
  • Octane Rating
  • A performance rating for a motor fuel, signifying its efficiency and freedom from knock.
  • Point-Of-Sale System
  • The combined software and hardware (which usually includes a touchscreen) used to complete a retail transaction.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Gas Stations with Convenience Stores market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

    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 Gas Stations with Convenience Stores:
    • 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 Gas Stations with Convenience Stores 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 Gas Stations with Convenience Stores, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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