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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 | May 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
$394bn
Annual Growth 10-15
0.9%
Annual Growth 15-20
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Profit
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Employment
709,583
Businesses
60,495
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 Investment Chapter

The Gas Stations with Convenience Stores industry exhibits a medium to high level of capital intensity. Using wages as a proxy for labor and depreciation as a proxy for capital, IBISWorld estimates that for every dollar spent on labor in the industry, $0.28 will be spent on capital in 2015. This figure is laregely in line with that of five years prior. Considerable funding is tied up in fixed assets such as retail facilities, dispensers, storage tanks, pumps and point-of-sales systems. Capital intensity increases as operators expand their stations and replace old equipment with new ones. This typically happens as industry operators attempt to expand in response to increased demand in a particular location... 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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