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Gas Stations in the US: Market Research Report

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

Gas Stations Market Research Report | NAICS 44719 | Jan 2015

Running low: Demand for stations with convenience stores will suppress long-term growth

IBISWorld’s Gas Stations market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$106bn
Annual Growth 10-15
-2.7%
Annual Growth 15-20
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Profit
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Employment
120,226
Businesses
10,719
Industry Analysis & Industry Trends

The Gas Stations industry has experienced a moderate amount of volatility over the past five years. As more Americans returned to work, total vehicle miles increased, bolstering purchases of gasoline. Additionally, as per capita disposable income continued to improve, some consumers traded up to premium fuel, which is priced higher than lower-octane fuel. However, significant drops in the world price of crude oil resulted in substantial revenue loss in the latter half of the period. Looking forward, oil prices are expected to rise and flow through to retail prices, driving up revenue, and consumers are anticipated to absorb price increases as they return to the road. Nevertheless, volume sales of gasoline are forecast to decline, threatening industry growth... purchase to read more

Industry Report - Industry Analysis Chapter

The Gas Stations industry has experienced its fair share of highs and lows over the past five years. Industry performance improved over the early half of the five-year period, primarily as a result of a strengthening domestic economy, as well as a declining unemployment rate. As more Americans returned to work, consumers hit the roads, and demand for vehicle fuel increased. Greater discretionary income also enabled consumers to trade up to premium grade fuel, helping boost industry revenue growth.

On the other hand, due to double-digit increases in the price of crude oil, industry profitability waned during the past five years, driving operators to exit the industry... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Gas Stations Industry?

This industry comprises gas stations that retail automotive fuels, offer repair services and sell replacement parts and accessories. Gas stations that operate convenience stores on their premises are included in the Gas Stations with Convenience Stores industry (IBISWorld report 44711).

Industry Products
GasDieselAutomotive services (e.g. repairs, car washes and general parts)Nonautomotive fuel
 
Industry Activities
Retailing automotive fuels (e.g. diesel fuel and gasoline)Selling automotive-related goodsProviding automotive-repair services


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