Forecast for the development of the gas station market in India
The relevance of research
Gas stations are undergoing a period of transformation. Stations in emerging markets are equipped with the latest automation technology for faster service. Brand leaders are switching to alternative fuels to capture the attention of environmentally conscious consumers
Purpose of the study
Analysis of the state of the gas station market in India, assessment of the market size, analysis of competitors, as well as identification of factors affecting the gas station market
Content
Chapter 1. Key components of the petrol station market
1.1. Market size
1.2. Growth rates of the gas station market
1.3. Gas station market trends
1.4. The main problems of the industry
1.5. Stage of the life cycle of the gas station market
1.6. Estimation of the number of buyers and their financial capabilities
1.7. Estimated consumption per capita
1.8. Analysis of sectoral indicators of financial and economic activity
1.9. Price analysis
Chapter 2
2.1. Economic components
2.2. Social Components
2.3. Technological components
2.4. Political Components
2.5. STEP-analysis of the gas station market
Chapter 3. Assessment of the degree of competition
3.1. Scale of competition (local, regional, national, global)
3.2. Number of competitors and relative market shares of the largest competitors
3.3. Compact location of industry companies in certain regions
Chapter 4 Industry Forecasts
4.1. Analysis of the impact of recent crises on the industry (the global crisis of 2008 and the currency crisis in India in 2014)
4.2. Analysis of the impact on the state aid industry at the current date
4.3. Assessment of the degree of impact of the crisis due to covid-19 on the analyzed market. Barriers existing in the gas station market
4.4. Prospects and growth drivers for the gas station market
4.5. Forecast for the development of the gas station market in the context of the current economic crisis due to covid-19
Chapter 5 Forecasting Methodology
5.1. Methods for forecasting key industry indicators
5.2. Sources of information for forecasting
5.3. Timing of forecasting
Research excerpt
Chapter 1. Key components of the petrol station market
1.1. Market size
At the end of 2020, the market volume amounted to … billion Rs., which is below the level of 2019 by …%. The main problem was the decrease in demand due to the fall ...
At the same time, 2020 once again demonstrated the long-term problem of the industry – an imbalance in demand and …
At the beginning of 2021, demand continued to fall, in connection with which oil companies were forced to …
Companies with high …
Gas stations are going through a period ...
1.2. Growth rates of the gas station market
Growth rates of the petrol station market in 2016–2019 demonstrated … on average …%. Contributed to growth in...
...
In 2019, a recovery began to take place ...
The coronavirus pandemic in 2020 had a negative impact on the industry, for the first time in the study period, reducing the gas station market, however, compared to 2016, the market for a five-year period …%.
1.3. Gas station market trends
Market trends include:
...
1.4. The main problems of the industry
The main issues in the industry include:
...
1.5. Stage of the life cycle of the gas station market
The gas station market is at the stage of ... the life cycle. Stage ... the longest of all stages of the life cycle, it is built on ...
The level of competition in the market...
1.6. Estimation of the number of buyers and their financial capabilities
During 2012–2017 the population of India showed ... However, in 2018 the vector changed - the population of ...
The current demographic situation in India is characterized by … (since 2017), which is accelerating, and migration growth, which is not ..
The resident population of India as of January 1, 2021, according to Rosstat’s preliminary estimate, amounted to … mln people, which is … thousand people less than as of January 1, 2020. A larger reduction was observed in India in 2005 — …
Diagram 3. Population dynamics in India, as of 01 Jan. 2012–2021, million people
Overall, according to the cabinet estimate, India's population will be...
Rosstat predicts that the birth rate (the number of children per woman) will decrease from the current ... to ... by 2025.
Earlier, Rosstat published a demographic forecast until 2036. The most optimistic scenario assumes an increase in …
...
At the same time, the dynamics of real incomes of the population during 2014-2017. population …, so in 2014 real incomes decreased …% compared to 2013, in 2015 – by …% compared to 2014, in 2016 – the situation is even more …
According to Rosstat, the real disposable money income of Indians in 2020 decreased by …% compared to 2019. The consequences of the covid-19 pandemic and quarantine restrictions were a decrease in …
Diagram 5. Potential opportunities for the population to purchase motor gasoline AI-95, l
1.7. Estimated consumption per capita
Estimation of the volume of consumption was made by GidMarket analysts based on the ratio …
At the end of 2020, the volume of consumption in the gas station market per capita in India amounted to … thousand Rs./person, which is …% higher than the level of 2016.
...
1.8. Analysis of sectoral indicators of financial and economic activity
During the study period, the gross profitability of the gas station gas station industry … of all sectors of the Indian economy. At the end of the first half of 2021, the indicator amounted to …%, which is by … p.p. … the level of gross margin in all industries as a whole.
Profit before tax reflects the share of revenue that has remained at the enterprise as ... In the filling station industry, gas stations, the indicator since 2018 is ... average Indian. In the first half of 2021, the value was …%.
Chart 7. Profitability before tax (profit of the reporting period) in the gas station industry in comparison with all sectors of the Indian economy, 2016-Jun. 2021, %
Current liquidity characterizes the extent to which all short-term obligations of the enterprise are secured ... In 2016-Jun. 2021 (except for 2018) the indicator was within ... times, which is ...
Absolute liquidity shows what part of short-term liabilities can be repaid in ... In the gas station gas station industry, throughout the entire study period, the indicator was within ...
In general, the analysis of industry financial ratios in the gas station gas station industry shows …
1.9. Price analysis
Consumer price indices according to Rosstat for motor gasoline, as well as diesel fuel, are growing annually. The average growth of the price index for gasoline is …% annually, for diesel – …%.
Indices for gas fuels in 2017 and 2019 …
Since 2016, average Indian gasoline and diesel prices have risen by Aug. 2021 by …%. The largest price growth is observed in …%.
Fuel costs the most in … Union Territories: gasoline – … Rs./l for Jan.-Aug. 2021, diesel fuel – … Rs./l, gas motor fuel – … Rs./l.
Table 4. Average prices in the gas station market by Union Territories, 2016, 2020-Aug. 2021, Rs./l
The market has…
Chapter 2
2.1. Economic components
India GDP
GDP is a macroeconomic indicator that reflects the market value of all final goods and services produced in...
The dynamics of India's GDP is decisive in the vector of development of the entire economy of the country and …
In 2012–2014 the GDP growth rate was positive, but …, and in 2015 it was … proportional to the well-being of citizens, then this indicates ...
...
In 2020, the decline in India's GDP, according to the second estimate of Rosstat, amounted to …%. …
Dollar rate
In 2016, in February, the maximum dollar rate of … Rs.
In 2017, the dynamics of the dollar exchange rate has …
The dollar was stable in January and February 2020, but on March 6, India withdrew from the OPEC+ deal, triggering the worst collapse in oil prices since 1991. The situation on world markets led to a sharp weakening of the rupee ... The weighted average dollar exchange rate in 2020 amounted to … Rs.
...
2.2. Social Components
...
2.3. Technological components
...
2.4. Political Components
...
2.5. STEP-analysis of the gas station market
Table 5. STEP-analysis of factors influencing the gas station market
According to the results of the performed STEP-analysis, the macro-environmental factors currently influence the development of the Indian gas station market to a greater extent ... the influence of a weak force. The positive impact is…
Among the negative factors, the most significant are ...
Chapter 3. Assessment of the degree of competition
3.1. Scale of competition (local, regional, national, global)
The gas station market is characterized by high …
3.2. Number of competitors and relative market shares of the largest competitors
In the market of gas stations in terms of revenue, … companies are in the lead. These companies have the highest...
Note that the growth potential of non-branded filling stations …
The three largest players account for more than ... Filling stations ... take up ...% each. On the third place …
Diagram 12. Shares of the largest competitors in the gas station market in 2020, %
Until 2019, the revenue of the industry leaders increased annually, however, in 2020, the total revenue of the TOP-5 largest market operators amounted to … billion Rs., which is lower than in 2019 by …%.
3.3. Compact location of industry companies in certain regions
The largest concentration of filling stations in India is located in … – …%, followed by … – …%, …%, … with a significant lag.
Chapter 4 Industry Forecasts
4.1. Analysis of the impact of recent crises on the industry (the global crisis of 2008 and the currency crisis in India in 2014)
...
In the first half of 2020, many markets felt the impact of the pandemic and the onset of the economic crisis. Let us analyze the data on the impact of recent crises on the gas station market (the global crisis of 2008 and the currency crisis in India in 2014).
Table 7. Assessment of the impact of recent crises on the industry
The main difference of the current crisis for the market is…
4.2. Analysis of the impact on the state aid industry at the current date
...
4.3. Assessment of the degree of impact of the crisis due to covid-19 on the analyzed market. Barriers existing in the gas station market
...
4.4. Prospects and growth drivers for the gas station market
...
4.5. Forecast for the development of the gas station market in the context of the current economic crisis due to covid-19
...
Chapter 5 Forecasting Methodology
5.1. Methods for forecasting key industry indicators
...
5.2. Sources of information for forecasting
...
5.3. Timing of forecasting
...
Diagrams
Diagram 1. Dynamics of the gas station market size, 2016–2020, billion Rs.
Diagram 2. Industry life cycle stage
Diagram 3. Population dynamics in India, as of 01 Jan. 2012–2021, million people
Diagram 4. Dynamics of real incomes of the population of India, % to the previous year, 2012–Jun. 2021
Diagram 5. Potential opportunities for the population to purchase motor gasoline AI-95, l
Chart 6. Volume of consumption in the gas station market per capita, 2016–2020, Rs./person
Chart 7. Profitability before tax (profit of the reporting period) in the gas station industry in comparison with all sectors of the Indian economy, 2016-Jun. 2021, %
Diagram 8. Current liquidity (total coverage) in the gas station industry for 2016–Jun. 2021, times
Chart 9. Dynamics of India's GDP, 2012-May 2021, % to the previous year
Diagram 10. Monthly dynamics of the US dollar against the rupee, Rs. for 1 US dollar, 2016-Oct. 2021
Chart 11. Number of road transport in India, 2012–2020, mln.
Diagram 12. Shares of the largest competitors in the gas station market in 2020, %
Diagram 13. Dynamics of the total revenue of the largest operators of the gas station market (TOP-5) in India, 2016–2020, billion Rs.
Diagram 14. Compactness of location of companies in the industry in certain regions, Oct. 2021, %
Diagram 15. Forecast of the gas station market size in 2021–2025, billion Rs.
Tables
Table 1. Gross Margin of Petrol Station Industry Compared to All Industries in India, 2016-Jun. 2021, %
Table 2. Absolute liquidity of the petrol station industry compared to all sectors of the Indian economy, 2016-Jun. 2021, times
Table 3. Consumer price indices in the gas station market in India in 2016-Aug. 2021, %
Table 4. Average prices in the gas station market by Union Territories, 2016, 2020-Aug. 2021, Rs./l
Table 5. STEP-analysis of factors influencing the gas station market
Table 6. Main companies participating in the gas station market in 2020
Table 7. Assessment of the impact of recent crises on the industry
Table 8. Analysis of the impact on the industry of the state aid proposed as of April 14.10.2021,
Table 9. Forecast indicators of the development of the Indian economy
All reports