Fuel Cards in Mexico 2018

Fuel Cards in Mexico 2018

Published: July 2019
Publisher: GlobalData
Product ref: 311915
Pages: 26
Format: PDF
Delivery: By product vendor

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Summary

Fuel Cards in Mexico 2018 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 2022, key data on independent and oil company card issuers and an analysis of fuel card competition in Mexico.

Total fleet card volumes rose by 2.4% in 2017, to total 3.1 billion liters.

Scope

• The total number of service stations in Mexico increased by 12.2% in 2017 bringing the total to 13,893 service stations. Over 530,000 new fuel cards will be issued from 2018 to 2022, totaling 5,722,301 cards in the market.
• Number of active cards stands at 4,823,899. Of these cards 49.4% will be held by fleet vehicles and 50.6% by CRT vehicles. Fuel card volumes will increase by 10% from 2018 to 2022 totaling 6.7 billion liters in 2022

Reasons to buy

• Plan effective market entry strategies by uncovering current and future volumes and values of the Mexico fuel card markets. 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. Plan your regional strategy by understanding the Mexico fuel card market.

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Related research categories


By sector: Fuel & fuel technology

By market: Mexico (in North America), Mexico (in BRICM)


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