China Service Station Market Size and Forecast by Segment and Fuel Retailer Profiles to 2028
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The total number of service stations in China increased by 0.3% to 107,929 sites in 2023.
Service stations in China 2023 is invaluable for fuel retailers and other suppliers to the sector. Based on research with fuel retailers, it provides commercial (B2B) forecourt sales which include fuel sales, car wash sales, convenience sales and foodservice sales for 2019-2023 and forecasts to 2028.
Scope
Volume sales of gasoline increased in 2023 by 9.1% to 193.3 billion liters. Diesel consumption increased by 1.9% to 115.6 billion liters. The value of fuel sales increased by 23.9% in 2022 over the previous year. Fuel sales further increased by 15.8% in 2023 over 2022 reaching CNY2.5 trillion ($0.4 trillion).
Key Highlights
- The total number of service stations in China increased in 2019. Sinopec had the highest number of service stations in China in 2019.
- Volume sales of petrol increased in 2019. Diesel consumption increased. In 2019, the market leader in terms of fuel volumes was Sinopec followed by PetroChina.
Reasons to Buy
- Identify who are the top players in China and how many fuel, foodservice, shops & car wash outlets they have. Plan effective market strategies by uncovering market share and average throughput per site of the top players in the market across Fuel, Car Wash, Convenience and Foodservice categories.
- Understand how the service station network evolving and which players are opening new outlets as well as increasing forecourt shops and car washes.
- Identify what strategies the key players have across their fuel and non- fuel offerings in terms of products sold, branding, promotions, partnerships and suppliers used.
Sinochem Corporation
BP
China National Offshore Oil Corporation
Esso
Shell
PetroChina
Sinopec
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