Analysis of the gas station market in India
The relevance of research
Filling station - a complex of buildings with equipment designed to receive, store and dispense petroleum products to vehicles, sell oils, spare parts, accessories for vehicles and provide services to owners of individual vehicles. In our country, motorization of all sectors of the national economy is carried out at a rapid pace, therefore, the study of the activities of gas stations is relevant.
Purpose of the study
Analysis of the state of the gas station market, assessment of the market size, analysis of competitors, as well as identification of factors affecting the gas station market
Content
Part 1. Overview of the Indian gas station market
1.1. Definition and Characteristics of the Indian Petrol Station Market
1.2. Dynamics of the volume of the Indian market of gas stations, 2014-2018
1.3. Market structure by type of service provided in India
1.4. The structure of the gas station market by union territories
1.5. Assessment of current trends and development prospects of the studied market
1.6. Assessment of factors affecting the market
1.7. Analysis of sectoral indicators of financial and economic activity
Part 2: Competitive Analysis of the Petrol Station Market in India
2.1. Major players in the market
2.2. Market shares of the largest competitors
2.3. Profiles of major players
Part 3. Analysis of the consumption of gas station services
3.1. Estimation of the volume of consumption of gas station services per capita
3.2. Market Saturation and Estimated Market Potential in India
3.3. Description of consumer preferences
3.4. Price analysis
Part 4. Assessment of factors of investment attractiveness of the market
Part 5. Forecast for the development of the gas station market until 2023
Part 6. Conclusions on the prospects of creating enterprises in the study area and recommendations for current market operators
Research excerpt
Part 1. Overview of the Indian gas station market
1.1 Definition and Characteristics of the Indian Petrol Station Market
Automobile filling station (gas station) is an object of transport infrastructure, considered as ...
Existing filling stations are usually classified according to several parameters.
...
The gas station market at the current stage of development of the Indian fuel retail is ... for a number of reasons: ...
In total, in India, according to various estimates, from ... to ... gas stations. Of these, only about …% belongs to …
Diagram 1. Ratio of independent gas stations and VIOCs in India by number of sites and fuel spills, 2018
Independent filling stations differ from vertical companies in that…
The formation of the retail environment in the oil and gas industry has finally come to an end…
The top three companies that own the largest gas station chains in India are…
1.2. Dynamics of the volume of the Indian market of gas stations, 2014-2018
During 2014-2018 The Indian gas station market is characterized by … After active …% the market is …%. But already in 2017, the industry …
Diagram 2. Dynamics of the volume of the Indian gas station market, 2014-2018, billion Rs.
1.3. Market structure by type of service provided in India
Fuel is the basis of gas station sales in India, accounting for up to …% of the total sales volume.
However, at the moment there is a trend in the market … Thus, in the industry average income structure of Indian filling stations, revenues …
...
According to Rosstat, at the end of 2018, …% of the total volume prevailed in the fuel sales structure of filling stations. The second place is taken by …, its share was …%.
...
Diagram 4. Structure of the Indian market of gas stations by type of fuel, 2018, %
The gasoline fuel segment is dominated by...
...
1.4. The structure of the gas station market by union territories
In 2018, the leaders of the Indian gas station market include … Union Territories (…%), … Union Territories (…%), … Together they accounted for …% of the total volume. The shares of other territories turned out to be ...
...
1.5. Assessment of current trends and development prospects of the studied market
The first gas stations in India were built ...
According to experts, the retail gas station business is currently …
...
As for the independent players, they have to…
A feature of fuel retail today is an active transition ...
Effective organization...
In the retail fuel market in India, most of the revenue today comes from …
...
It is clear that gas stations need to increase…
...
1.6. Assessment of factors affecting the market
Let's consider the main factors influencing the market and, accordingly, the demand for gas station services in India.
Economic
Data on the dynamics of GDP is a macroeconomic indicator that reflects the market value of all final goods and services (that is, intended for direct consumption) produced per year in all sectors of the economy on the territory of the state for consumption, export and accumulation.
...
Socio-demographic
...
technological
...
Political and legal
...
Table 1. STEP analysis of factors affecting the Indian gas station market
Thus, the Indian gas station market is experiencing ... the influence of environmental factors ...
1.7. Analysis of sectoral indicators of financial and economic activity
GidMarket analysts analyzed the indicators of the Indian gas station market for the corresponding type of activity.
Profit (loss) from sales is revenue minus all costs associated with sales (cost of goods sold/services rendered, selling and administrative expenses). After profitable...
...
Gross margin reflects the share of revenue that is left in the enterprise as gross profit. During 2014-2018 Gross profitability of the gas station industry …%.
...
Profit before tax reflects the share of revenue that remained in the enterprise as profit before tax. During 2015-2017 this figure for the gas station industry was …%.
...
Current liquidity characterizes the extent to which all short-term liabilities of the enterprise are secured by current assets ...
Chart 12. Current Liquidity (Total Coverage) in Petrol Stations vs All Sectors in India, 2014-2018,
Absolute liquidity shows what part of short-term liabilities can be repaid in the shortest possible time. During 2014-2018 this index...
...
The average period of turnover of receivables characterizes the period of settlements with buyers and customers that has developed over the period. During 2014-2018 this indicator...
...
The provision of own working capital reflects …
...
Thus, during 2014-2018. the financial performance of the gas station industry as a whole is lower relative to the Indian economy.
Part 2: Competitive Analysis of the Petrol Station Market in India
2.1. Major players in the market
The biggest players in the Indian market are gas station chains…
....
The market is not concentrated: TOP-5 players account for …% of the total number of filling stations.
2.2. Market shares of the largest competitors
The clear leaders in the Indian gas station market in 2018 are ... The third place is occupied by … (…%), …
Chart 15. Shares of the largest competitors in the Indian gas station market in 2018
2.3. Profiles of major players
Company ""…""
...
Table 6. Basic information about the participant of the XXXXX gas station market
Company ""…""
...
At the end of 2018, the total revenue amounted to … Rs., …
Part 3. Analysis of the consumption of gas station services
3.1. Estimation of the volume of consumption of gas station services per capita
Consumption of gas station services during 2014-2018 has ... So, after active growth in 2014, already in 2015-2016. ... In 2017-2018 consumption of filling station services per capita again … …./person.
...
3.2. Market Saturation and Estimated Market Potential in India
According to …, the Indian filling station market is saturated by …% and has ... According to GidMarket, the potential for market growth is … billion Rs., and the potential capacity of the market as a whole is … billion Rs.
...
3.3. Description of consumer preferences
The main criterion by which car owners choose filling stations is ... This was stated by ...% of the participants in the survey ... conducted ... Within the framework of the study, respondents could choose several answers.
..% of participants said they prefer...
It should be noted that the importance of additional services that consumers can get at the gas station, ... For example, ... Now, the importance of this criterion was stated by ...% of respondents. Another …% noted that they pay attention to …
It is obvious that gas station chains in the struggle for the buyer will focus their efforts on …
Consumers named the most demanded network of filling stations ... Over the past six months, they bought fuel at least once in it ...% of respondents ...
...
The most famous and popular branded fuel was named by the participants of the study ...
The second most popular brand was the company ...
...
3.4. Price analysis
Consumer prices for gas station services in India by type of fuel ... Indices peaked at …, incl. for motor gasoline – …%, …
...
At the end of 2018, the highest average consumer prices in India as a whole were observed for gasoline of the brand … (… Rs./l.), in second place was …
Fuel prices continue to remain... As a result of the cuts in the cost of motor fuel, it was revealed... Among the reasons for price differences in retail, were... Taking into account the preservation of the main cost vector, the spread across the union territories remains ... Rs./l.
...
Part 4. Assessment of factors of investment attractiveness of the market
...
A comprehensive assessment of investment attractiveness factors amounted to … points, which indicates … investment climate.
The most significant positive factors…
The most significant negative factors ...
Part 5. Forecast for the development of the gas station market until 2023
...
Part 6. Conclusions on the prospects of creating enterprises in the study area and recommendations for current market operators
...
Diagrams
Diagram 1. Ratio of independent gas stations and VIOCs in India by number of facilities and fuel spill, 2018
Diagram 2. Dynamics of the volume of the Indian gas station market, 2014-2018, billion Rs.
Diagram 3. Structure of the Indian gas station market by types of goods and services, 2018, %
Diagram 4. Structure of the Indian petrol station market by type of fuel, 2018, %
Diagram 5. Structure of the Indian gas station market by types of motor gasoline, 2018, %
Diagram 6. Structure of the Indian gas station market by union territories, 2018, %
Diagram 7. Dynamics of India's GDP, 2014-2018, in % to the previous year
Diagram 8. Dynamics of real incomes of the population of India, 2014-2018, in % to the previous period
Diagram 9. Cost of Brent crude oil, 2014-2018, USD/barrel
Diagram 10. Population dynamics in India, 2014-2018, million people
Diagram 11. Profitability before tax (profit of the reporting period) in the field of gas stations in comparison with all sectors of the Indian economy, 2014-2018, %
Diagram 12. Current liquidity (total coverage) in the field of gas stations in comparison with all sectors of the Indian economy, 2014-2018, times
Diagram 13. Business activity (average receivables turnover period) in the field of gas stations in comparison with all sectors of the Indian economy, 2014-2018, days days
Diagram 14. Financial stability (security of own working capital) in the field of gas stations in comparison with all sectors of the Indian economy, 2014-2018, %
Diagram 15. Shares of the largest competitors in the Indian petrol station market in 2018
Diagram 16. Dynamics of the total revenue of the largest operators of the gas station market (TOP-5) in India, 2014-2018, billion Rs.
Diagram 17. Consumption of gas station services per capita, 2014-2018, Rs./person
Diagram 18. Potential of the Indian gas station market, billion Rs.
Diagram 19. Forecast of the volume of the Indian gas station market in 2019-2023, billion Rs.
Tables
Table 1. STEP analysis of factors affecting the Indian gas station market
Table 2. Profit (loss) from the sale of gas stations in the Union Territories of India, 2014-2018, million Rs.
Table 3. Gross profitability of the gas station industry in comparison with all sectors of the Indian economy, 2014-2018, %
Table 4. Absolute liquidity in the field of gas stations in comparison with all sectors of the Indian economy, 2014-2018, times
Table 5. The main companies participating in the Indian gas station market in 2018
Table 6. Basic information about the participant of the XXXXX gas station market
Table 7. Basic information about the participant of the XXXXX gas station market
Table 8. Basic information about the participant of the XXXXX gas station market
Table 9. Basic information about the participant of the XXXXX gas station market
Table 10. Basic information about the participant of the XXXXX gas station market
Table 11. Consumer price indices for gas station services in India, 2014-2018, %
Table 12. Average consumer prices for gas station services across the Union Territories, 2018
Table 13. Assessment of factors of investment attractiveness of the Indian gas station market
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