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Gas Stations with Convenience Stores in the US: Market Research Report

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

Gas Stations with Convenience Stores Market Research Report | NAICS 44711 | Jan 2015

Inconvenient truth: Plummeting crude oil prices will lead industry revenue to decline

The Gas Stations with Convenience Stores market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$451bn
Annual Growth 10-15
3.7%
Annual Growth 15-20
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Profit
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Employment
726,302
Businesses
56,948
Industry Analysis & Industry Trends

As the US economy gains steam, more consumers are expected to hit the road and demand gasoline. Furthermore, strong economic growth will push up demand for crude oil, thus paving the way for higher industry revenue. Although the majority of industry revenue is earned through gasoline sales, store owners are increasingly reliant on convenience store sales because in-store products are more profitable than gasoline... purchase to read more

Industry Report - Industry Analysis Chapter

Revenue for the Gas Stations with Convenience Stores industry has risen in the past five years in line with the recovering economy. The world price of crude oil, disposable income levels and driving habits have a strong influence on industry revenue. While the sales volume of gasoline has continued to decline, the price of crude oil, the industry's most significant revenue driver, rose substantially in the early part of the current five-year period. Higher input costs, primarily reflective of the price of crude oil, raised the retail price of gasoline. Higher prices at the pump ultimately offset lower demand, leading to overall growth for the industry. As a result, industry revenue is expected to grow an annualized 3.7% to total $451.2 billion over the five years to 2015... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Gas Stations with Convenience Stores Industry?

Industry operators sell automotive fuels such as gasoline and diesel from stations that are collocated with convenience stores or food marts. They may also provide automotive repair services. This industry is distinct from the Convenience Stores industry (IBISWorld report 44512) and the Gas Stations industry (IBISWorld report 44719). Major oil producers that franchise out most of their convenience operations are not included, unless they own and operate a significant number of sites.

Industry Products
Regular gasolineGroceriesMid-grade and premium gasolineDiesel
 
Industry Activities
Retailing automotive fuels (e.g. gasoline, diesel fuel)Retailing a limited assortment of food, beverages and sundries


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