Refilled tank: Surging demand is expected to support revenue over the next five years

Operators in the Petrol Stations industry have struggled against numerous difficulties throughout the past five-year period. Over the five years through 2018, IBISWorld expects industry revenue to decrease at a compound annual rate of 6.7%. However, this figure is both skewed by and masks a high degree of revenue volatility. Industry operators faced a particularly turbulent start to the period as crude oil prices declined, retail fuel prices were dragged down and competition intensified. Deflationary pressures have been exacerbated by growing environmental concerns and the booming popularity of hybrid and electric cars...read more.

Industry Statistics & Market Size
Revenue
£2.3bn
Annual Growth 13-18
-6.7%
Forecast Growth 18-23
Profit
Employment
12,082
Businesses
376
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Operators have faced a tough five years, affected by falling oil prices and heavy competition
  • Electric vehicles have become more popular, reducing demand for traditional industry services
  • Government aims to make transport zero-emissions are likely to intensify external competition
  • Industry Report - Starting a New Business Chapter

    The industry is characterised by high and increasing barriers to entry. The start-up costs vary from location to location and depend on the size of the forecourt and its attached store. Typically, however, the costs associated with purchasing or leasing a petrol station are high due to the need for expensive machinery and equipment, such as fuel storage and refuelling areas, that requires constant maintenance. Planning permission and environmental surveying costs are also vital factors. For those acquiring greenfield plots, initial capital outlay is even greater, often upwards of €1 million.The industry is subject to heavy regulation, and new entrants need to be trained in the safety requirements of operating a petrol station. Reg...purchase to read more.

    Additional Insights for the Petrol Stations Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Petrol Stations Industry are

  • Proximity to key markets
  • Having a wide and expanding product range
  • Ability to raise revenue from addition sources
  • IBISWorld analysts also discuss how external factors such as Total number of registered motor vehicles and World price of crude oil in the Petrol Stations industry impact industry performance..

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    What's in this report

    What is the Petrol Stations in Ireland Industry?

    Operators in this industry sell automotive fuel such as petrol, diesel, autogas and alternative fuels directly to consumers. The majority of petrol stations also operate convenience stores and additional services such as car-washing facilities. A significant proportion of sales are made to drivers of heavy goods vehicles. Buses and coaches are not included in the industry as these often go through wholesalers rather than retail forecourts.

    Industry Products
  • Petrol
  • Diesel
  • Convenience stores
  • Alternative fuels
  • Car Wash
  • Industry Activities
  • automotive fuel
  • Retailing oil-related products such as lubricants
  • Additional automotive services such as car wash facilities
  • Retailing convenience items e.g. food and beverages
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Total number of registered motor vehicles
  • World price of crude oil
  • Passenger rail journeys
  • Public concern over environmental issues
  • Gross disposable income of households

  • Current Performance
    Volatile pricingCompetitionRevenue growth and market structure
  • Chart: Revenue Growth

  • Industry Outlook
    Global crude oil pricesCompetitive pressuresOther troublesGrowth opportunitiesMarket structure and profit
  • Table: Petrol Stations Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Petrol Stations Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Freight Road Transport in Ireland
  • Consumers in Ireland

  • Key Selling Industries
  • Food, Beverage & Tobacco Wholesaling in Ireland
  • Fuel Wholesaling in Ireland

  • Products & Services
  • Petrol
  • Diesel
  • Convenience stores
  • Alternative fuels
  • Car Wash
  • Chart: Petrol Stations Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • People aged between 40 and 64 years
  • People aged between 25 and 39 years
  • Commercial
  • People aged between 17 and 24 years
  • People aged over 65 years
  • Chart: Major Market Segmentation for the Petrol Stations Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Depreciation and other costs
  • Chart: Cost Structure Benchmarking – Sector vs Petrol Stations

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Petrol Stations Industry

  • Industry Globalization
    Applegreen plc, Valero Energy (Ireland) Ltd, McMullan Bros. Ltd, Tedcastles Oil Products Unlimited Company, Circle K Ireland Retail Ltd,
  • Table: Applegreen plc - financial performance
  • Table: Valero Energy (Ireland) Ltd - financial performance
  • Table: McMullan Bros. Ltd - financial performance
  • Table: Tedcastles Oil Products Unlimited Company - financial performance
  • Table: Circle K Ireland Retail Ltd - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Petrol Stations Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

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

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Petrol Stations Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Biofuels
  • Fuels that are made from renewable resources such as plants and food. Examples include biodiesel and bioethanol.
  • Hybrid Vehicle
  • A vehicle fuelled by both electricity and petrol or diesel.
  • Research Octane Number (Ron)
  • The rating given to different types of petrol. Petrol with a higher RON is believed to perform better.
  • What Our Customers Say

    Why buy this report?

    The Petrol Stations in Ireland market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

    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 Petrol Stations in Ireland:
    • 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 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 Petrol Stations in Ireland 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 Petrol Stations in Ireland, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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