Fuel Retailing in Australia - Market Research Report

Fuel Retailing industry trends (2014-2019)

poll Average industry growth 2014–2019: -1.5%

Revenue for the Fuel Retailing industry has been volatile over the past five years, largely due to significant fluctuations in the world price of crude oil. Plunging oil prices over the two years through 2015-16 contributed to lower pump prices for consumers. This factor negatively affected industry revenue early in the period, as demand for fuel is largely inelastic. However, global crude oil prices began to rebound in 2016-17, boosting domestic fuel prices and helping to return industry revenue to growth in 2017-18. Despite this recent uptick, overall industry revenue is expected to contract at an annualised 0.7% over the five years through 2018-19, to $39.0 billion. This includes an expected 1.5% rise in the current year as global fuel prices cont...
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Fuel Retailing industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

Revenue for the Fuel Retailing industry is anticipated to grow moderately over the next five years, driven by growth in the number of motor vehicles. However, significant increases in demand for industry products are unlikely, due to ongoing improvements in vehicle fuel economy and shifting consumer preferences towards more fuel-efficient vehicles. Overall, industry revenue is forecast to increase at an annualised X.X% over the five years through XXX-XX, to $XX.X billion. The volume of fuel sales is projected to grow at a subdued rate over the next five years. This trend suggests a need for industry players to expand further into areas such as convenience store operations, to expand their market share and to boost profitability. As a result, fuel re...
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Fuel Retailing industry statistics

  • attach_money Market Size: $38bn
  • business Number of Businesses: 6,553
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 43,290

Biggest companies in the Fuel Retailing industry

The companies holding the largest market share in the Fuel Retailing in Australia industry include Coles Group Limited, Caltex Australia Limited, Woolworths Group Limited, 7-Eleven Stores Pty Ltd and BP Australia Investments Pty Ltd.

  • pie_chart Coles Group Limited Market Share: x.x%
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  • pie_chart Caltex Australia Limited Market Share: x.x%
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  • pie_chart Woolworths Group Limited Market Share: x.x%
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  • pie_chart 7-Eleven Stores Pty Ltd Market Share: x.x%
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  • pie_chart BP Australia Investments Pty Ltd Market Share: x.x%
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What is Fuel Retailing industry?

Industry Definition

Industry firms mainly retail automotive fuel or lubricating oils, typically at a service station. Participants also retail convenience store goods and provide services such as car washing as a supplement to fuel sales.

Industry Products and Services

  • Petrol
  • Diesel, LPG and other gas fuels
  • Oils, lubricants and additives
  • Non-fuel products and other services
  • All Others

Industry Activities

  • Diesel oil retailing
  • Automotive CNG retailing
  • Distillate retailing
  • Engine oil retailing
  • Kerosene retailing
  • Automotive LPG retailing
  • Lubricating oil or grease retailing
  • Petrol retailing
  • Service station operation

Market research report - table of contents

Industry Definition

Industry firms mainly retail automotive fuel or lubricating oils, typically at a service station. Participants also retail convenience store goods and provide services such as car washing as a supplement to fuel sales.

Main Activities

  • Diesel oil retailing
  • Automotive CNG retailing
  • Distillate retailing
  • Engine oil retailing
  • Kerosene retailing
  • Automotive LPG retailing
  • Lubricating oil or grease retailing
  • Petrol retailing
  • Service station operation

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

The world price of crude oil affects domestic fuel prices. Demand for fuel is fairly inelastic due to its essential nature as an input for powering passen...
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World price of crude oil
Domestic tourist visitor nights
US dollars per Australian dollar
Number of motor vehicles

Current Performance

Profit
Regulatory trends
 Chart: Revenue Growth

Industry Outlook

Profit
Structure
Electric vehicles
 Table: Fuel Retailing in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Fuel Retailing in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Road Freight Transport in Australia
Taxi and Limousine Transport in Australia
Road Freight Forwarding in Australia
Consumers in Australia



Key Selling Industries

Oil and Gas Extraction in Australia
Petroleum Refining and Petroleum Fuel Manufacturing in Australia
Petroleum Product Wholesaling in Australia




Products & Services

Industry operators provide automotive fuel, gas, oils and lubricants, and non-fuel products and services. Each product segment is calculated based on its ...
People aged 15 to 34
People aged 55 and over




Demand Determinants

A range of factors influence demand for the industry's products and services, such as price, brand loyalty, the number of motor vehicles, domestic trips t...
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Major Markets

People aged 15 to 34
People aged 55 and over





 Chart: Major Market Segmentation for the Fuel Retailing in Australia - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

The Fuel Retailing industry displays moderate market share concentration, with the industry's four largest players accounting for close to 45% of industry...
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Fuel Retailing in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Fuel Retailing in Australia - Market Research Report Industry

Industry Globalization

Coles Group Limited is an Australian-owned public company that operates a variety of businesses, including grocery retailing, fuel retailing and liquor re...
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Coles Group

 Table: Coles Group - financial performance

Caltex

 Table: Caltex - financial performance

Woolworths

 Table: Woolworths - financial performance

7-Eleven Stores

 Table: 7-Eleven Stores - financial performance

BP Australia

 Table: BP Australia - financial performance

Capital Intensity

The Fuel Retailing industry displays moderate capital intensity. For every dollar spent on capital costs in 2018-19, $3.50 is spent on wages. Many industr...
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 Chart: Level of Capital Intensity for the Fuel Retailing in Australia - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Fuel Retailing in Australia Industry

Industry Revenue (2007-2019)
Industry Gross Product (2007-2019)
Establishments (2007-2019)
Businesses (2007-2019)
Employment (2007-2019)
Exports (2007-2019)
Imports (2007-2019)
Wages (2007-2019)
Fuel Consumption (2007-2019)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

DIESEL

LPG

PETROL

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Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

Why buy this report on the Fuel Retailing industry?

IBISWorld industry market research reports enable you to:

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  • Inform your decisions for marketing, strategy and planning
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This report on Fuel Retailing in Australia:

  • 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 of 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 Fuel Retailing in Australia 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 Fuel Retailing in Australia, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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