Germany is the Europe's largest industry and generated 27.5% of the region’s revenues in the year 2005. Belgium service station market has increased with highest CAGR value of 13.8% (2001-2005).
Research revealed that 2004-05 has proved to be a profitable year for the industry surging a stupendous growth of near about 17.1% registering a record sales of US $394.7billion.
Most Asian countries experienced a 10% increase in new stores in the year 2005, with the exception being Japan. In future Indonesia, Vietnam and India are expected to be the potential markets.