Mexico Fuel Cards Market Size and Forecast to 2024 - Analysing Markets, Channels, and Key Players

Mexico Fuel Cards Market Size and Forecast to 2024 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 2024, key data on independent and oil company card issuers and an analysis of fuel card competition in Mexico.

Fleet card volumes declined by 12.9% from 1,766.8 million liters in 2019 to 1,538.9 million liters in 2020

The total number of service stations in Mexico increased by 3.8% from 12,247 in 2019 to 12,713 in 2020. Around 326,000 new fuel cards will be issued during 2020-2024, resulting in a total of 5.8 million cards in the market. Out of the total active cards in the market, 49.9% will be held by fleet vehicles and 50.1% by CRT vehicles. Fuel card volumes will rise by 23.1% from 2020 to 2024, reaching 5,406.7 million liters in 2024.

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