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Gas Stations with Convenience Stores in the US - Industry Market Research Report

  • ID: 16813
  • Report
  • June 2021
  • Region: United States
  • 41 pages
  • IBISWorld
Revved Up: as People Return to Commuting and Travel, Demand is Expected to Rebound

Gas Stations with Convenience Stores in the US

The Gas Stations with Convenience Stores industry has experienced volatility over the five years to 2019. Industry revenue is heavily dependent on trends in gasoline sales and prices, since it is the industry's primary input. Drastic declines in the world price of crude oil throughout most of the current period led industry revenue to decline up until 2016. Although the world price of crude oil has since returned to growth, boosting industry revenue, gains have not been substantial enough to completely counteract the declines experienced prior to 2017. As a result, industry revenue has declined during the current period. However, industry profit has improved over the past five years as a result of low oil prices and increased consumer spending at industry establishments. Over the five years to 2024, industry revenue is forecast to increase. As the economy is projected to continue expanding, demand for retail fuel is projected to rise as well.

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 (report 44512) Gas Stations (44719) industries. Major oil producers that franchise out most of their convenience operations are not included, unless they own and operate a significant number of sites.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Note: Product cover images may vary from those shown
ABOUT THIS INDUSTRY
  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources
INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle
PRODUCTS & MARKETS
  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations
COMPETITIVE LANDSCAPE
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization
MAJOR COMPANIES

OPERATING CONDITIONS
  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance
KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios
JARGON & GLOSSARY
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Alimentation Couche-Tard Inc.
  • Marathon Petroleum Corporation
Note: Product cover images may vary from those shown

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