Press release
Retail: Fuel Cards In Finland Market
Fuel Cards in Finland 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 Finland.
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Key Findings
- The total number of service stations in Finland rose by 0.7% in 2015 totaling 1,878 service stations. Over 9,000 new fuel cards will be issued between 2016 and 2021, totaling 910,952 cards in the market. Total fleet card volumes declined by 0.1% in 2015 to total 591m litres continuing the downward trend started in 2013.
- Nestes market share rose by 0.1 percentage points in 2015 as it continued to be the dominant fuel card market leader accounting for 33.1% in 2015.
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Synopsis
Fuel card volumes rose by 1.8% in 2015 to 1.0 billion litres after increasing by 1.1% in 2014.
ReasonsToBuy
- Plan effective market entry strategies by uncovering current and future volumes and values of the Finnish 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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