Mexico Fuel Cards Market to 2023 - COVID-19 Impact Update

Mexico Fuel Cards Market to 2023 - COVID-19 Impact Update

Summary

Mexico Fuel Cards Market to 2023 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 2023 with the impact of COVID-19, key data on independent and oil company card issuers and an analysis of fuel card competition in Mexico.

Fleet card volumes rose by 2.4%, from 2.48 billion liters in 2018 to 2.54 billion liters in 2019.

Note: This is an “on-demand” report and will be delivered within 3 working days (excluding weekends) of the purchase.

Scope

- The total number of service stations in Mexico rose by 3.6%, from 12,343 in 2018 to 12,785 in 2019.
- Over 0.5 million new fuel cards will be issued from 2019 to 2023, resulting in a total of 5.9 million cards in the market.
- Out of the total active cards in the market, 48.6% will be held by fleet vehicles and 51.4% by CRT vehicles.
- Fuel card volumes will rise by 14.7% from 2019 to 2023, reaching 5.7 billion liters in 2023.

Reasons to Buy

- Plan effective market entry strategies by uncovering current and future volumes and values of the Mexican 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.
- This data also provides Value and Volume forecasts till 2023 with COVID-19 impact.