EUR 6371.30 For Business Accounts Only

Fuel cards in Europe, Northern markets, 2010-2020e

Summary

The Northern European commercial fuel card markets are worth €8.0bn. In recent years the proportion of fuel purchased on fuel cards has decreased as national parc levels fell as companies reduced their operations. In 2015, fuel card volumes across the Northern European markets declined 0.1% totaling just more than 5.5bn liters. Sweden is the largest fuel card market in Northern Europe and accounts for 35.8% of fuel card volume sales across the region but the popularity of fuel cards varies across the continent. Verdict predicts that growth in Northern European fuel card markets is likely to come from Finland as the commercial vehicle parc grows as the economy improves and small commercial fleets begin to use fuel cards to reduce transport costs.

Key Findings

- Competition from Eastern European fleets will heighten towards 2020. With some of the highest fuel prices in Europe, Northern European fleets face increasing pressure from Eastern European fleets for business. As a result of this increased competition, many fleets have been forced to close, which has had a negative impact on fuel card volumes across northern markets. Fuel card operators can increase fuel volumes towards 2020 by offering services such as favorable fuel discounts, long credit periods, fraud prevention and fuel efficiency monitoring, which will help fleets to become more competitive in Europe.

- Unmanned sites hold great appeal to domestic fleets. With low running costs, unmanned sites are able to offer significantly lower fuel prices than manned sites, and this has significant appeal to fleets. Card operators that can offer fuel cards with a large unmanned acceptance network will stand out from other operators and increase their card volumes towards 2020 as the fleet segment continues to grow.

Synopsis

“Fuel cards in Europe, Northern markets, 2010-2020e”, a Sector Report by Verdict Retail, provides an executive-level overview of the European Northern card markets today, with forecasts of values and volumes up to 2020. It delivers deep quantitative and qualitative insight into the fuel card market, analyzing key trends in the market based on in depth interviews with major fuel card operators across Europe and proprietary data from Verdict Retail’s service station retail databases.

It provides in-depth analysis of the following:

- Fuel Card Volumes, Values and Market Shares – Forecasted to 2020

- Fleet and CRT fuel card data

- Analysis of major competitors in each market

- In depth analysis of trends that will have a major impact on the market over the next five years.

Reasons To Buy

- Plan effective market entry strategies by uncovering the current and future volume and value of fuel card transactions in Northern European 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.