The United States is a leader in gas station business.
According to a report released by Barnes Reports and entitled “2007 Worldwide Gas Stations with Convenience Stores Industry Report”, the largest revenues are generated by gas stations in the United States.
Profits in this sector in America grow by over 9% a year. Profit breakdown: $187.1bn in 2006, $205.6bn in 2007 (forecasted), $225.1bn in 2008 (forecasted).
Japan is the world’s second-largest market with regards to the profitability of gas station market (30.6% of the US market). However, revenues of Japanese gas stations grow unevenly. Profit breakdown: $49.3bn in 2004, $55.9bn in 2005, $58.2bn in 2006, $63bn in 2007 (forecasted) and $66.9bn in 2008 (forecasted).
Germany holds the third place with just 14.4% of the US market. Profit breakdown: $27.6bn in 2006, $29.6bn in 2007(forecasted), $31.2bn in 2008(forecasted).
According to this report, gas stations encompass all petrol filling facilities engaged in selling of fuel, oils, as well as relevant products including tires, car parts, food products, etc.
The annual report “2007 Worldwide Gas Stations with Convenience Stores Industry Report” analyses the state of the gas station market in 45 countries. This report also provides the most current and accurate information on sales, employment, number of establishments in the sector; it gives sector’s development forecasts and its 5-year trend analysis.
Contents
The Gas Stations with Convenience Stores Industry report features 2007 current and 2008 forecast estimates on the size of the industry (sales, establishments, employment) for the 47 largest world countries. The report also includes industry definition, 5-year historical trends on industry sales, establishments and employment and estimates on up to 10 sub-industries, including truck stops and filling stations.