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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

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
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 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 1.6% over the 10 years to 2020. 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 revenue, largely related to fluctuations in the price of crude oil. While many Americans are expected to travel more during the next five years, industry revenue will be undercut by comparatively slow growth in crude oil prices and high price competition, which will limit profitability across 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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