Press release
Develop business strategies Of Fuel Cards In France Market
Fuel Cards in France 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 France.
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Key Findings
Fuel card volumes across the Top five fuel card markets will rise by 11.3% between 2016 and 2021 as small domestic fleets increasingly turn to fuel cards to meet their growing needs over this period. The total number of service stations in France rose by 0.4% in 2015 totaling 11,400 service stations. Over 122,000 new fuel cards will be issued between 2016 and 2021, totaling to 2,663,967 cards in the market. Total fleet card volumes rose by 1.8% in 2015 to total 5,378m litres continuing the upward trend started in 2011. TOTALs market share declined by 1.0 percentage points in 2015 but continued to be the dominant fuel card market leader accounting for 50.0% in 2015, as clients were drawn to its large card acceptance network which covers 31.6% of sites in France.
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Synopsis
Increasing numbers of commercial vehicles will cause French fuel card volumes to grow 4.2% between 2016 and 2021, accounting for 26.9% of total volumes sold by 2021
ReasonsToBuy
Plan effective market entry strategies by uncovering current and future volumes and values of the French 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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