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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 | Feb 2016

Inconvenient truth: Continued volatility in global crude oil prices will threaten industry revenue

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.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$324bn
Annual Growth 11-16
-6.1%
Annual Growth 16-21
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Profit
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Employment
786,051
Businesses
63,914
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 Key Buyers Chapter

Concentration in the Gas Stations with Convenience Stores industry is low, with the top operators accounting for only 14.5% of industry revenue in 2016. Industry concentration has decreased over the past decade as more prominent companies in the industry divested gas stations to concentrate on a few profitable locations. Furthermore, skyrocketing crude oil prices during the recession prompted many oil companies to concentrate on upstream activities such as exploration and production. Despite these trends, Alimentation Couch-Tard's 2015 acquisition of The Pantry has led to an increase in market share concentration, making the company a major player in the industry... 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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