Saudi Arabia Fuel Station Market: Current Analysis and Forecast (2025-2033)

Saudi Arabia Fuel Station Market Size & Forecast

The Saudi Arabia Fuel Station market was valued at USD 820.50 million in 2024 and is expected to grow at a strong CAGR of around 3.00% during the forecast period (2025-2033F), driven by increasing vehicle ownership and rising road transport demand in Saudi Arabia.

Saudi Arabia Fuel Station Market Analysis

A fuel station refers to a sales outlet where communities recharge their cars with gasoline, diesel, CNG, or other forms of energy, such as EV charging. Many gasoline stations traditionally oriented to dispensing fuel have diversified into other activities, such as convenience retailing, food services, and vehicle care.

To drive the fuel station market in Saudi Arabia, companies are expanding their networks, digitalizing, and integrating alternative fuels. Also, major competitors, such as Saudi Aramco, Aldrees, and Petromin, are renovating their stations to include EV charging points, automated payment systems, and improved convenience stores, aiming to increase their customer base. Moreover, the rise of strategic alliances with food brands, the deployment of innovative fueling-related technologies, and investments in renewable energy-supplied stations are driving the market. These projects align with Vision 2030, which focuses on diversification and sustainability in the areas of energy and retail.

For example, on July 16, 2025, EVIQ announced the opening of a new EV charging station in partnership with Petromin, one of the Kingdom’s most trusted fuel, mobility, and e-mobility services providers, marking a significant step forward in the growth of EV infrastructure across Saudi Arabia.

Saudi Arabia Fuel Station Market Trends

This section discusses the key market trends that are influencing the various segments of the Saudi Arabia Fuel Station market, as found by our team of research experts.

Shift Toward Alternative Fuels

The trend of alternative fuel, including EV charging and hydrogen, is significant in the Saudi fuel station market. As Vision 2030 drives toward the use of clean energy, fuel stations are transforming to multi-energy fuel stations, which will fuel electric and hydrogen-powered vehicles. Also, companies are investing in EV charging points and researching hydrogen as a way to meet the demand in the future. Moreover, this shift towards sustainability goals creates a long-term market expansion of the alternative fuel market. For example, on November 15, 2023, Air Products Qudra and Saudi Arabia Railways (SAR) announced the signing of a Memorandum of Understanding (MoU) to collaborate on opportunities to build, own, and operate (BOO) hydrogen fueling stations for trains in the Kingdom of Saudi Arabia.

Saudi Arabia Fuel Station Industry Segmentation

This section provides an analysis of the key trends in each segment of the Saudi Arabia Fuel Station market report, along with forecasts at the regional and provincial levels for 2025-2033.

The alternative fuels (such as EV charging and hydrogen) are expected to grow with the highest CAGR during the forecast period (2025-2033F).

Based on fuel type, the market is segmented into petrol, diesel, CNG, and alternative fuels (EV charging, hydrogen). Among these, alternative fuels (such as EV charging and hydrogen) are expected to grow with the highest CAGR during the forecast period (2025-2033F). The use of alternative fuel, such as EV charging and hydrogen, is such that fuel stations are becoming multi-energy facilities. As Vision 2030 focuses on sustainability and clean energy, charging points and hydrogen refueling systems are being integrated into companies to meet the changing demand. The diversification generates additional income and secures the business against the eventual reduction of gasoline reliance. For instance, on January 17, 2025, Saudi Arabia's ENOWA, in collaboration with Hydrogen Refueling Solutions (HRS), successfully launched the nation's first heavy-duty hydrogen refueling station at Petromin Corporation.

The passenger vehicles segment dominates the market in 2024.

Based on application, the Saudi Arabia fuel station market is segmented into passenger vehicles, commercial vehicles, two-wheelers, and others. Among them, the passenger vehicles segment dominates the market in 2024. The increasing number of passenger cars in Saudi Arabia has sustained the demand for fuel, and this segment forms the backbone of the fuel station market. According to the CEIC Data, Saudi Arabia's motor vehicle sales for passenger cars were reported at 645,723.000 Units in December 2023. The need for easy access to fueling places increases due to rising levels of car ownership, urbanization, and the development of road infrastructure. This is the trend that compels companies to enhance their station networks and integrate value-added services to capture individual vehicle owners.

Western Region is expected to grow in the market during the forecast period (2025-2033)

Western Region (comprising Makkah, Madinah, and Jeddah) has a high fuel demand occasioned by tourism and religious pilgrimage. During Hajj and Umrah, traffic peaks with millions of tourists, providing an opportunity for increased fuel sales and service expansion. According to data from the Saudi Arabia Ministry of Tourism, in 2024, the number of Tourists was approximately 86.16 million, including around 0.22 million Hajj tourists and approximately 4.32 million Ziarah Madinah pilgrims. To ensure effective and efficient meeting of the local and tourist demand, companies are enhancing their infrastructure, customer service, and provision of alternative forms of fueling that drive the growth of the market.

On March 23, 2023, Saudi Automotive Services Co. (SASCO) unveiled a 30,000-square-meter station on the Makkah-Taif road. The fuel station includes a convenience store, several branded restaurants, coffee shops, and ATMs. The total investment of the station stands at nearly SAR 12.4 million (~USD 3.31 million), financed through banking facilities from local banks.

Saudi Arabia Fuel Station Industry Competitive Landscape

The Saudi Arabia Fuel Station market is competitive, with several global and international market players. The key players are adopting different growth strategies to enhance their market presence, such as partnerships, agreements, collaborations, new product launches, geographical expansions, and mergers and acquisitions.

Top Saudi Arabia Fuel Station Companies

Some of the major players in the market are Saudi Arabian Oil Company (“Aramco” or “Saudi Aramco”), ALDREES, Abu Dhabi National Oil Company for Distribution PJSC (ADNOC), Emirates National Oil Company, TotalEnergies, NAFT Services Company Limited, Wafi Energy Company LLC (Shell brand) (Asyad Holding Group), Oman Oil Marketing Company SAOG (OOMCO), Petromin Corporation, Tas’helat Marketing Company.

Recent Developments in the Saudi Arabia Fuel Station Market

• On 08 July 2025, Blacklane, the global chauffeur service, and EVIQ, Saudi Arabia’s leading electric vehicle (EV) infrastructure provider, signed a strategic agreement to supercharge the roll-out of electric vehicles across the Kingdom. Under the partnership, the two companies will expand Saudi Arabia’s EV charging network throughout major cities and mobility hubs. Together, they will strategically define priority locations for new charging stations and establish dedicated fleet-charging hubs, including one at Blacklane’s new Gulf regional headquarters in Riyadh.
• On January 21, 2024, Saudi Automotive Services Co. (SASCO) announced that it will inaugurate Saudi Arabia’s largest fuel station in the second quarter of 2024. The station is part of SASCO Al-Jazeera 1 project, located along King Fahd Road, serving as a link between Riyadh and Al-Qassim Province. The Al-Jazeera 1 station covers an area of 280,000 square meters and is situated in the central island along the highway connecting Al-Qassim and Riyadh.

Saudi Arabia Fuel Station Market Report Coverage

Reasons to Buy the Saudi Arabia Fuel Station Market Report:

• The study includes market sizing and forecasting analysis confirmed by authenticated key industry experts.
• The report briefly reviews overall industry performance at a glance.
• The report covers an in-depth analysis of prominent industry peers, primarily focusing on key business financials, type portfolios, expansion strategies, and recent developments.
• Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.
• The study comprehensively covers the market across different segments.

Customization Options:

The Saudi Arabia Fuel Station market can further be customized as per requirements or any other market segment. Besides this, UnivDatos understands that you may have your own business needs; hence, feel free to contact us to get a report that completely suits your requirements.