Industry Analysis & Industry Trends
The Petrol Station industry has endured a turbulent past five years. Increased competition within the industry has negatively affected industry demand. Additionally, increased public concern over environmental issues has encouraged some drivers to switch to more fuel-efficient diesel-powered cars while other consumers limited their fuel consumption in favour of public transport, hampering industry revenue growth. Over the five-year period, IBISWorld anticipates that industry revenue will fall at a compound annual rate of 2.1% over the five years through 2016-17 to reach £18.7 billion.
In the current year, revenue is forecast to increase by 0.5%, which can be partly attributed to lower oil prices... purchase to read more
Industry Report - Industry Locations Chapter
Petrol stations are generally located close to population hubs, but also in areas that are handy to drivers such as motorway exits. Motorway service stations tend to be larger than other petrol stations and have a wide variety of services and additional shops attached to them.
The South East
The South East region is forecast to account for the largest number of industry establishments, with an estimated 11.9% of the total. The South East region is a highly populous and has a high level of car ownership, which attracts operators to the area. According to the Department for Transport, the South East ranks highest in terms of number of cars per region. Moreover, the region has a relatively high average household disposable income. Gen.. purchase to read more