Finland Forecourt Market Size and Forecast by Segment (Service Station, Car Wash, and Convenience and Foodservice) and Fuel Retailer Profiles, 2021-2026
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The Finland forecourt market size was valued at EUR 7.28 billion in 2021 and is expected to achieve a CAGR of more than 3% during 2022-2026. The forecourt has seen constant growth in convenience retail and this is something that is becoming increasingly important for fuel companies. Investment in forecourt facilities and partnerships with major food brands are key factors in the uplift in convenience sales.
The Finland forecourt market research report will help in identifying who are the top vendors in Finland and how many outlets they have in each segment. The key insights will help in planning 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 food service categories.
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Finland Forecourt Market Segments
The key segments in the Finland forecourt market are fuel, car wash, convenience retail, and food service. The fuel segments had the highest market share in the Finland forecourt market in 2021.
Fuel: In 2019, fuel volumes in Finland declined for the first time since 2015. Volumes decreased further in 2020 due to COVID-19. However, fuel volume grew in 2021, with the sector showing recovery from COVID-19. Nestle is the largest fuel retailer in Finland. The company achieved this by offering its fuel at competitive prices and also by equipping its service stations with other forecourt facilities such as car washes, stores, and food service.
Car Wash: The value of the car wash market has seen steady growth between 2015 and 2021, with a very slight decline in 2020 due to COVID-19. Rollover was the most popular type of car wash at service stations. Shell was leading the way in average car wash value per site.
Convenience and Foodservice: Convenience sales have seen constant growth since 2016. Along with convenience, food service is a growing aspect of fuel stations with more and more stations offering hot food and beverages. This is due to partnerships with chain outlets and also fuel retailers investing in their own brands such as Shell’s deli2go. ABC leads with regard to average convenience sales and foodservice value per site.
Finland Forecourt Market Analysis by Segments
For more segments insights into the Finland forecourt market, download a free report sample
Finland Forecourt Market – Competitive Landscape by Fuel Retailers
The leading fuel retailers in the Finland forecourt market are Neste, SEO, Shell (St1), Teboil (Lukoil), St1, and ABC. Neste, Teboil, and ABC were the top three fuel retailers in Finland in 2021.
Finland Forecourt Market Analysis by Fuel Retailers
To know more about the leading players in the Finland forecourt market, download a free report sample
Finland Forecourt Market Report Overview
Market Size (2021) | EUR 7.28 billion |
CAGR (2022-2026) | >3% |
Key Segments | Fuel, Car Wash, Convenience Retail, and Foodservice |
Leading Fuel Retailers | Neste, SEO, Shell (St1), Teboil (Lukoil), St1, and ABC |
Key Highlights
- The total number of service stations in Finland increased in 2019. Nestle had the highest number of service stations in Finland in 2019.
- There were more than 560 sites with a car wash in 2019.
Reasons to Buy
- Identify who are the top players in Finland and how many fuels, 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 segments.
- 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.
ABC
Teboil (LUKOIL)
Shell (St1)
SEO
St1
Table of Contents
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Frequently asked questions
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What was the Finland forecourt market size in 2021?
The forecourt market size in Finland was valued at EUR 7.28 billion in 2021.
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What is the Finland forecourt market growth rate?
The forecourt market in Finland is expected to achieve a CAGR of more than 3% during 2022-2026.
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What are the key segments in the Finland forecourt market?
The key segments in the Finland forecourt market are fuel, car wash, convenience retail, and foodservice.
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Which are the leading fuel retailer companies in the Finland forecourt market?
The leading fuel retailers in the Finland forecourt market are Neste, SEO, Shell (St1), Teboil (Lukoil), St1, and ABC.
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