Latest
industry research report on: Fuel Cards In the UK Market | Industry
Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth,
Segmentation, Parameters, Forecasts
Fuel Cards in the UK
2016 is invaluable for issuers of fleet cards, fuel retailers, fleet
leasing companies and other suppliers to the sector. Based on research
with issuers and fuel retailers it provides commercial (B2B) fuel card
volume (split by fleet and CRT), value and market share forecasts to
2021, key data on independent and oil company card issuers and an
analysis of fuel card competition in the UK.
Key Findings
Fuel
card volumes across the Top five fuel card markets will rise by 11.3%
between 2016 and 2021 as small domestic fleets increasingly turn to fuel
cards to meet their growing needs over this period. The total number of
service stations in the UK rose by 1.7% in 2015 totaling 8,754 service
stations. Over 156,000 new fuel cards will be issued between 2016 and
2021, totaling to 3,309,027 cards in the market. Of those cards 82.0%
will be held by fleet vehicles and 18.0% CRT vehicles. Total fleet card
volumes rose by 3.8% in 2015 to total 3,686m litres continuing the
upward trend started in 2013. Allstars market share declined by 0.8
percentage points in 2015 but continued to be the fuel card market
leader accounting for 23.6% in 2015, as clients were drawn to its large
card acceptance network which covers 87.7% of sites in the UK .
Synopsis
Over 156,000 new fuel cards will be issued and the proportion of fuel cards that are active will grow annually to 78.2% in 2021
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ReasonsToBuy
Plan
effective market entry strategies by uncovering current and future
volumes and values of the UK fuel card market. Assess whether you should
increase network acceptance of your card and identify potential new
merchants by uncovering the position of competitors. Whether you are an
issuer, a processor, a leasing company or a fuel retailer, make informed
pitches to partners by understanding their business. Enhance fuel sales
at your service stations by identifying which fuel cards you should
accept based on their market shares and network acceptance.
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