Overview

Fueling up: Revenue will expand as world crude oil prices return to growth

IBISWorld’s Gas Stations with Convenience Stores in Illinois Industry Research Report contains up-to-date data and analysis, allowing you to identify the strengths and potential weaknesses of major companies in the industry. Build your credibility with clients and prospects by sharing insights into the current and emerging trends driving their industry. Our market research gives you the tools to win new business and keep existing clients.

REPORT SNAPSHOT

Industry Threats & Opportunities

  • Heavy competition among operators and rising fuel costs put pressure on profit margins
  • Industry operators benefit from a stable baseline demand for their services
  • Operators will begin to offer alternative fuels and electric charging stations at the pump

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    Industry Analysis & Industry Trends

    The Gas Stations with Convenience Stores industry in Illinois has experienced considerable volatility over the five years to 2017 on the back of rapidly fluctuating crude oil prices. However, growing employment has increased vehicle usage, leading to a rising number of total vehicle miles travelled in Illinois over the past five years. To protect margins operators have begun to offer alternative fuel and charging stations to bolster revenue from consumers that no longer require gasoline. Over the five years to 2022, it is expected that the industry will expand. Crude oil prices return to growth and rising consumer spending will also help to support the industry, especially as operators expand their food, beverage and merchandise offerings...

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    Industry Report - Industry Investment Chapter

    The Gas Stations with Convenience Stores industry in Illinois 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, $0.27 will be spent on capital in 2017. Considerable funding is tied up in fixed assets such as retail facilities, dispensers, storage tanks, pumps and point-of-sale 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. Depreciation as a share of revenue fell slightly over the five years to 2017.

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    Additional Insights for the Gas Stations with Convenience Stores in Illinois Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Gas Stations with Convenience Stores in Illinois Industry are

  • Proximity to high traffic areas
  • Supply contracts in place for key inputs
  • Superior financial management and debt management
  • IBISWorld analysts also discuss how external factors such as World price of crude oil and Total vehicle miles in Illinois in the Gas Stations with Convenience Stores in Illinois industry impact industry performance..

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    Industry Products

    What is the Gas Stations with Convenience Stores in Illinois Industry?

    Industry operators sell automotive fuels such as gasoline and diesel from stations that are colocated 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 gasoline
    Food and beverage
    Mid-grade and premium gasoline
    Diesel
    Industry Activities
    Retailing automotive fuels (e.g. gasoline, diesel fuel)
    Retailing a limited assortment of food, beverages and sundries

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • World price of crude oil
  • Total vehicle miles in Illinois
  • Consumer Spending in Illinois
  • Tax credits for energy efficiency

  • Current Performance
  • Demand on the rise
  • Consolidation and saturation
  • Green initiatives
  • Chart: Revenue Growth

  • Industry Outlook
  • Driving prices up
  • Branching out
  • Going green
  • Table: Gas Stations with Convenience Stores in Illinois Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Gas Stations with Convenience Stores in Illinois Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Local Freight Trucking
  • Local Specialized Freight Trucking
  • Public Transportation
  • Consumers

  • Key Selling Industries
  • Cigarette & Tobacco Products Wholesaling
  • Gasoline & Petroleum Wholesaling
  • Grocery Wholesaling

  • Products & Services
  • Regular gasoline
  • Mid-grade and premium gasoline
  • Other
  • Food and beverage
  • Diesel
  • Chart: Gas Stations with Convenience Stores in Illinois Industry Products and Services Segmentation

  • Major Markets
  • Consumers aged 35 to 54
  • Consumers aged 25 to 34
  • Consumers aged 55 to 64
  • Consumers aged 65 and older
  • Consumers aged 24 and younger
  • Businesses
  • Chart: Major Market Segmentation for the Gas Stations with Convenience Stores in Illinois Industry

  • Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Other Costs
  • Chart: Cost Structure Benchmarking – Sector vs Gas Stations with Convenience Stores in Illinois

  • Basis of Competition
  • Internal Competition
  • External Competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Gas Stations with Convenience Stores in Illinois Industry

  • Major Companies
    Alimentation Couche-Tard Inc.Casey's General Stores, IncMarathon Oil Corporation Murphy USA Inc.
  • Table: Alimentation Couche-Tard Inc. - financial performance
  • Table: Casey's General Stores, Inc - financial performance
  • Table: Marathon Oil Corporation - financial performance
  • Table: Murphy USA Inc. - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Gas Stations with Convenience Stores in Illinois Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Gas Stations with Convenience Stores in Illinois Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Total vehicle miles in Illinois (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Diesel
  • A mid-range petroleum product (with a higher boiling point than gasoline) typically used as a fuel for internal combustion engines.
  • Hybrid Vehicle
  • A vehicle that uses two different power sources to run, in most cases referring to an electric battery in conjunction with a gasoline engine.
  • Major Oil Company
  • A large vertically integrated company that refines and wholesales petroleum products and may also pump oil and retail fuel.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Gas Stations with Convenience Stores in Illinois:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Gas Stations with Convenience Stores in Illinois market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Gas Stations with Convenience Stores in Illinois, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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