Petrol Stations in the UK
Over the five years through 2022-23, revenue is forecast to contract at a compound annual rate of 5.2%, including a fall of 0.8% in the current year, to £15.5 billion. Petrol stations have contended with price competition from supermarkets and growing environmental concerns, which have prompted consumers to seek fuel-efficient or ultra-low emission vehicles (ULEVs). Competition from ULEVs and alternative transport has intensified due to legislative changes. In response to competitive pressures, petrol stations have restructured, invested in new technology and expanded products, including the addition of convenience stores, to maintain profit and gain a competitive edge.
Companies in this industry sell automotive fuel, including petrol, diesel, autogas and alternative fuels directly to consumers. Most petrol stations also operate a convenience store and some provide car-washing services. The industry includes oil company-owned and -operated outlets, oil company-owned and dealer-operated outlets, and dealer-owned and -operated stores. Supermarket forecourts are not included in the industry.
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.
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