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Fuel Cards in the UK - Industry Research Report

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    Report

  • 41 Pages
  • December 2023
  • Region: United Kingdom
  • IBISWorld
  • ID: 5205418

Full tank: In 2022-23, hikes in the price of fuel have benefitted industry demand

Over the five years through 2022-23, revenue is expected to contract at a compound annual rate of 1.6%. Revenue decline is almost exclusively the result of pandemic-induced disruption to the fuel and fuel-related products and services market. Disruptions to fuel cards have been driven by ongoing supply chain disruptions, predominately influenced by COVID-19, as the fuel card industry shows signs of recovery as the pandemic winds down.

Operators in this industry supply business customers with fuel cards. A fuel card is used by commercial drivers as a payment card at a specified network of forecourts. Instead of paying with cash or credit and or debit cards, the driver presents the fuel card to the cashier. The company is billed directly and the employee can collect a receipt as proof of purchase. This industry excludes the sale of fuel and the provision of ancillary services, such as telematics and fleet management.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

ABOUT THIS INDUSTRY
  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle
PRODUCTS & MARKETS
  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations
COMPETITIVE LANDSCAPE
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance
KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios
JARGON & GLOSSARY

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Allstar Business Solutions Ltd

Methodology

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