The global demand for B2B Fuel Cards Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.Regarding volume, the market was calculated XX K Units in 2021 and forecast to touch XX K Units by 2028 with a CAGR of XX% during 2022-2028.
B2B Fuel Cards are most typically used to pay for gasoline, diesel, and other fuels at gas stations owned by oil and gas firms. At the discretion of the fleet owner or manager, B2B gasoline cards can also be used to pay for vehicle maintenance and expenses. Because of the convenient and thorough reporting of using these cards, they are unique. These cards enable fleet owners/managers to get real-time reports and establish purchasing limitations, allowing them to keep track of all business expenses.
Market Dynamics
The growth of online retailers is one of the primary reasons driving the B2B fuel card market over the forecast period. Another critical driver of B2B market growth is the increasing use of internet marketing and widespread access to laptops, PCs, tablets, smartphones, and other portable devices. Furthermore, rising pricing tactics, product offers, and new and creative product releases contribute to the global market's expansion. Moreover, makers of B2B Fuel Cards worldwide are constantly working to improve the product's quality and the ergonomics and durability of the materials used.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of b2b fuel cards. The growth and trends of b2b fuel cards industry provide a holistic approach to this study.
Market Segmentation
This section of the b2b fuel cards market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Active Cards
- Non-Active Cards
By Application
- Cars
- Taxis
- Buses
- Goods Vehicles
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the B2B Fuel Cards market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global B2B Fuel Cards Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the b2b fuel cards market include ExxonMobil, Shell, SPC, Caltex, DBS, UOB, OCBC, Citibank, Standard Chartered, ANZ, HSBC, POSB, American Express, Maybank. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.
