Czech Republic Fuel Cards Market Size, Share, Key Players, Competitor Card Analysis and Forecast to 2027
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How will the ‘Czech Republic Fuel Cards Market’ help you achieve your business goals? The report’s in-depth analysis and market insights will help you:
- Understand the key market dynamics and growth opportunities in the Czech Republic fuel cards market.
- Assess the competitive dynamics in the Czech Republic fuel cards market.
- Analyze current and future volumes and values of the Czech fuel card market.
- Assess the network acceptance of your card and identify potential merchants be it an issuer, a processor, a leasing company, or a fuel retailer, and make informed business decisions.
- Understand other Eastern European markets such as Poland, Romania, the Czech Republic, Hungary, Slovakia, Lithuania, and Estonia.
How is the ‘Czech Republic Fuel Cards Market’ report different from other reports in the market?
Businesses need to have a deeper understanding of the market dynamics to gain a competitive edge in the coming decade. Anticipate market changes and develop risk management strategies with the following data:
- Macroeconomic landscape: Detailed analysis of current macroeconomic factors and their impact on the Czech Republic fuel cards market.
- Market dynamics: In-depth historical and forecast data of key channels (fleet cards and CRT cards) within the Czech Republic fuel cards market.
- Trends: Identify the market trends and their impact in the coming years.
- Key players: Overview of market leaders including Operator Rankings in 2022 vs. 2021.
- Competitor card analysis: Detailed analysis of fees, discounts, credit days, station acceptance partners, free services, and the target region for the various cards available in the market.
We recommend this valuable source of information to anyone involved in:
- Issuers of Fleet Cards and Fuel Retailers
- Fleet Leasing Companies and Other Suppliers
- Technology Leaders and Startups
- Business Development and Market Intelligence
- Investment Analysts and Portfolio Managers
- Professional Services – Investment Banks, PE/VC firms
- M&A/Investment, Management Consultants, and Consulting Firms
To Get a Snapshot of the Czech Republic Fuel Cards Market Report
Czech Republic Fuel Cards Market Report Overview
The Czech Republic fuel cards market size was EUR4.49 billion in 2022. Although fuel card volumes are increasing owing to the rise in contactless payments, the market value is expected to register a negative CAGR of less than 1% during the period 2023-2027. The main factor behind this fall will be falling fuel prices. However, investing in services such as washrooms, overnight parking, free Wi-Fi, driver meal deals, and driver loyalty schemes will encourage drivers to use a specific card.
Czech Republic Fuel Cards Market Outlook 2022-2027 (EUR Billion)
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The Czech Republic fuel cards market research report provides comprehensive data insights for issuers of fleet cards, fuel retailers, fleet leasing companies, and other suppliers to the sector. The report also provides commercial (B2B) fuel card volume (split by fleet and CRT), value and market share forecasts for 2027, key data on independent and oil company card issuers, and an analysis of fuel card competitors in the Czech Republic.
Market Size (2022) | EUR4.49 Billion |
CAGR (2023-2027) | >(1)% |
Historical Period | 2015-2022 |
Forecast Period | 2023-2027 |
Key Channels | · CRT Cards
· Fleet Cards |
Leading Fuel Card Operators | · CCS
· Shell · OMV · Eurowag · Benzina AS |
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Czech Republic Fuel Cards Market Trends
Rising demand for EVs is one of the key trends impacting the Czech Republic fuel card market. Over the next five years, the number of electric vehicles (EVs) in Eastern European countries will increase significantly, as EV prices fall and charging networks expand annually. Decreasing vehicle costs, government incentives, and the expansion of recharging networks will encourage fleets to invest more in electric and hybrid vehicles as they become viable options for commercial use. These vehicles’ reduced taxes and fuel costs compared with fossil-fuel vehicles will allow fleets to significantly reduce their transport costs in the long term.
The small domestic fleet market will present tremendous growth opportunities over the next five years as they attempt to reduce transport costs amid heightened competition across Eastern Europe. Card operators should grab this opportunity and launch fleet cards with large card-acceptance networks, low minimum volume requirements, credit periods, and discounted fuel prices. These factors should appeal to fleets and help boost card volumes over the next five years.
Furthermore, International trade levels will rise across Eastern Europe over the next five years, with commercial road transport (CRT) companies winning new business in foreign markets. To meet the increasing international needs of clients over the next five years, card operators have to create partnerships with fuel retailers to expand their card-acceptance network, as this will become a key differentiator for CRT fleet managers when selecting a fuel card operator.
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Czech Republic Fuel Cards Market Segmentation by Channels
The key channels in the Czech Republic fuel cards market are fleet cards and CRT cards. CRT card channels led the market in 2022.
To increase CRT card volumes, card operators should focus on driver services such as discounted meal deals, wash facilities, truck parking, overnight parking, free Wi-Fi, outside eating areas, and driver loyalty programs.
Czech Republic Fuel Cards Market Analysis by Channels, 2022 (%)
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Czech Republic Fuel Cards Market – Competitive Landscape
Some of the leading fuel card operators in the Czech Republic are:
- CCS
- Shell
- OMV
- Eurowag
- Benzina AS
In 2022, CCS remained the market leader in the Czech Republic. Its large site network with card acceptance appealed to domestic and foreign CRT vehicle companies. Furthermore, CRT vehicles account for the majority of fuel card volumes sold in the Czech Republic. CCS has significant appeal in this large CRT segment thanks to its offering of services such as online management, toll payments, and breakdown cover.
Czech Republic Fuel Cards Market Analysis by Fuel Card Operators, 2022 (%)
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Segments Covered in the Report
Czech Republic Fuel Cards Channels Outlook (Value, EUR Billion, 2015-2027)
- Fleet card
- CRT card
Key Highlights
The total number of service stations in the Czech Republic increased by 1% from 3,978 in 2021 to 4,018 in 2022. More than 9,000 new fuel cards will be issued during 2023-27, resulting in a total of 565,495 cards in the market. Out of the total active cards in the market, 66.8% will be held by fleet vehicles and 33.2% by CRT vehicles. Fuel card volumes will rise by a CAGR of 0.4% from 2023 to 2027, reaching 2.7 billion liters in 2027.
Reasons to Buy
Plan effective market entry strategies by uncovering current and future volumes and values of the Czech 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. Plan your regional strategy by understanding the Eastern European markets, Poland, Romania, Czech Republic, Hungary, Slovakia, Lithuania, Estonia.
Shell
OMV
Eurowag
Benzina As
UTA
DKV
Table of Contents
Frequently asked questions
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What was the Czech Republic fuel cards market size in 2022?
The fuel card market size in the Czech Republic was EUR4.49 billion in 2022.
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What is the market growth rate of the Czech Republic fuel card market?
The Czech Republic fuel cards market is expected to decline registering a negative CAGR of less than 1% during the period 2023-2027.
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Which channel led the Czech Republic fuel cards market?
CRT cards channel led the Czech Republic fuel cards market in 2022.
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Which are the leading fuel card operators in the Czech Republic fuel cards market?
Some of the leading fuel card operators in the Czech Republic are CCS, Shell, OMV, Eurowag, and Benzina AS among others.
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