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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 | Aug 2014

Convenient truth: A recovering economy will drive consumers to purchase industry products

IBISWorld’s Gas Stations with Convenience Stores 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
$453bn
Annual Growth 09-14
7.3%
Annual Growth 14-19
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Profit
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Employment
743,914
Businesses
56,369
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 SWOT Analysis Chapter

The Gas Stations with Convenience Stores industry is in the mature stage of its life cycle. Industry value added (IVA), which measures an industry's contribution to the overall economy, is forecast to grow an annualized rate of 2.4% over the 10 years to 2019. Comparatively, GDP is expected to grow at a faster average annual rate of 2.5% during the same period. IVA fluctuated during this period, mirroring fluctuations in the industry's profitability. Even in the years following the recession, industry performance stagnated because many Americans traveled less, which placed downward pressure on the demand for vehicle fuel. Furthermore, the growing use of fuel-efficient vehicles has caused demand for gas to decrease in recent years... 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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