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Businesses in the Fuel Retailing industry have contended with volatile operating conditions. Fluctuating global crude oil, diesel fuel and petrol fuel prices have severely impacted the industry. A global oversupply of oil, compounded by sharply deteriorating demand because of the pandemic in 2019-20, reduced oil prices over the second half of that year. This trend filtered downstream through lower retail fuel prices, sharply reducing industry revenue in the same year. However, the Russia-Ukraine conflict caused a global crude oil supply deficit, heightening oil prices and boosting industry revenue as retailers passed costs on to customers. IBISWorld modelling projects revenue to climb by an annualised 4.4% over the five years through 2024-25 to $58.7 billion. This trend includes a dip of 4.5% in 2024-25, caused by a moderation of global crude oil prices.
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IBISWorld's research coverage on the Fuel Retailing industry in Australia includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released April 2025.
The Fuel Retailing industry in Australia operates under the ANZSIC industry code G4000. 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. Related terms covered in the Fuel Retailing industry in Australia include petrol, diesel, lpg and wti.
Products and services covered in Fuel Retailing industry in Australia include Petrol, Diesel and Other fuel products.
Companies covered in the Fuel Retailing industry in Australia include Viva Energy Australia, United Petroleum and Ampol.
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Fuel Retailing industry in Australia.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
The Products and Markets chapter covers detailed products and service segmentation and analysis of major markets for the for the Fuel Retailing industry in Australia.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Fuel Retailing industry in Australia.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Fuel Retailing industry in Australia. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
The Companies chapter covers Key Takeaways, Market Share and Companies in the Fuel Retailing industry in Australia. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Fuel Retailing industry in Australia. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Fuel Retailing industry in Australia. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Fuel Retailing industry in Australia.
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The market size of the Fuel Retailing industry in Australia is $58.7bn in 2026.
There are 3,863 businesses in the Fuel Retailing industry in Australia, which has declined at a CAGR of 0.6 % between 2020 and 2025.
The Fuel Retailing industry in Australia is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.
The Fuel Retailing industry in Australia is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.
The market size of the Fuel Retailing industry in Australia has been growing at a CAGR of 4.4 % between 2020 and 2025.
Over the next five years, the Fuel Retailing industry in Australia is expected to grow.
The biggest companies operating in the Fuel Retailing industry in Australia are Viva Energy Australia, United Petroleum and Ampol
Diesel and Petrol are part of the Fuel Retailing industry in Australia.
The company holding the most market share in the Fuel Retailing industry in Australia is Viva Energy Australia.
The level of competition is high and steady in the Fuel Retailing industry in Australia.