Press release
Retail: Fuel Cards In Norway Market
Fuel Cards in Norway 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 Norway.
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Key Findings
- The total number of service stations in Norway rose by 3.1% in 2015 totaling 1,920 service stations. Over 8,000 new fuel cards will be issued between 2016 and 2021, totaling to 453,098 cards in the market.
- Total fleet card volumes remained stable in 2015 to total 634.4m litres after rising 3.0% in 2014. Circle Ks market share rose by 0.3 percentage points in 2015 as it continued to be the dominant fuel card market leader accounting for 31.8% in 2015.
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Synopsis
Fuel card volumes account for 41.0% of total fuel sold in Norway in 2016, and will continue to grow towards 2021.
ReasonsToBuy
- Plan effective market entry strategies by uncovering current and future volumes and values of the Norweigen 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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