Switzerland Fuel Cards Market Size, Share, Key Players, Competitor Card Analysis and Forecast to 2027
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Switzerland Fuel Cards Market Report Overview
The Switzerland fuel cards market value was EUR1.39 billion in 2022. The market is expected to register a CAGR of more than 1% during the period 2023-2027 owing to the growing volumes of fuel sold through fuel cards. Card operators have increased their focus on drivers, as they are the end-users of the services and make the final decision on where to refuel and which card to use for payment. By 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. This will increase card volumes over the next few years.
Switzerland Fuel Cards Market Outlook 2022-2027 (EUR Billion)
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The Switzerland fuel cards market research report provides invaluable 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, and key data on independent and oil company card issuers. It analyzes fuel card competition in Switzerland.
Market Size (2022) | EUR1.39 Billion |
CAGR (2023-2027) | >1% |
Historical Period | 2015-2022 |
Forecast Period | 2023-2027 |
Key Channels | · Fleet Cards
· CRT Cards |
Leading Fuel Card Operators | · BP
· Shell · Migrol · Tamoil · Agrola |
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Switzerland Fuel Cards Market Trends
The rising demand for EVs is one of the key trends shaping the fuel card market in Switzerland. Western Europe’s electric vehicle (EV) market, which slowed down in 2022, is set to regain momentum by 2025. In order to promote the shift to zero-emission vehicles, Western European countries are planning to ban petrol and diesel vehicle sales by 2030. The region’s governments also provide positive incentives for EV purchases. These developments will strongly support the growth of the region’s EV market over the next five years. To appeal to this growing segment and meet fleet needs through 2027, the card should offer low volume requirements, credit periods, discounted fuel prices, and, most importantly, EV charging-point coverage.
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Switzerland Fuel Cards Market Segmentation by Channels
The key channels in the Switzerland fuel cards market are fleet cards and CRT cards. Fleet card channels led the market in 2022 due to a rise in fuel card volumes.
However, fleet card volumes are expected to rise over the forecast period. This can be attributed to the rise in international trade levels in Europe which will encourage many traditional domestic fleets to expand their businesses into the surrounding countries. This new business will force many fleets to turn to fuel cards to take advantage of international card acceptance and additional services to remain competitive. Furthermore,
as card operators introduce lower volume limits to target this growing market segment, there will be an influx of new fuel cards sold to fleet vehicles in the coming years which will cause fleet card volumes to rise significantly.
Switzerland Fuel Cards Market Analysis by Channels, 2022 (%)
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Switzerland Fuel Cards Market – Competitive Landscape
Some of the leading fuel card operators in Switzerland are:
- BP
- Shell
- Migrol
- Tamoil
- Agrola
In 2022, Shell remained the largest fuel card operator in Switzerland, as its large site acceptance network appealed to domestic and foreign vehicle companies. Three of the top five fuel card operators in Switzerland increased their market shares in 2022. This is because smaller domestic fleets switched to prominent card operators to benefit from an international card acceptance network and a wider range of services.
Switzerland Fuel Cards Market Analysis by Fuel Card Operators, 2022 (%)
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Segments Covered Switzerland Fuel Cards Market Report
Switzerland Fuel Cards Channels Outlook (Value, EUR Billion, 2015-2027)
- Fleet card
- CRT card
Scope
Fuel Cards in Switzerland 2022 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 2027, key data on independent and oil company card issuers, and an analysis of fuel card competition in Switzerland.
Key Highlights
The total number of service stations in Switzerland increased by 3.7% from 3,334 in 2021 to 3,457 in 2022. More than 40,000 new fuel cards will be issued during 2023-27, resulting in a total of 532,958 cards in the market. Out of the total active cards in the market, 89.4% will be held by fleet vehicles and 10.6% by CRT vehicles. Fuel card volumes will rise by a CAGR of 0.9% over 2023-27, reaching 744.9 million liters in 2027.
Reasons to Buy
Plan effective market entry strategies by uncovering current and future volumes and values of the Swiss 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 Western European markets, Slovenia, Austria, Belgium, Switzerland, Netherlands, Ireland, and Luxembourg.
BP
Migrol
Tamoil
Agrola
Avia
UTA
DKV
Esso
Agip
Table of Contents
Frequently asked questions
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What was the Switzerland fuel cards market size in 2022?
The fuel card market size in Switzerland was valued at EUR1.39 billion in 2022.
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What is the market growth rate of the Switzerland fuel card market?
The Switzerland fuel cards market is expected to register a CAGR of more than 1% during the period 2023-2027.
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Which channel led the Switzerland fuel cards market?
Fleet cards channel led the Switzerland fuel cards market in 2022.
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Which are the leading fuel card operators in the Switzerland fuel cards market?
Some of the leading fuel card operators in Switzerland are BP, Shell, Migrol, Tamoil, and Agrola among others.
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