Middle East & Africa Aviation Fuel Card Market

The Middle East & Africa Aviation fuel card market was valued at US$ 163.22 million in 2022 and is expected to reach US$ 268.93 million by 2030; it is estimated to register a CAGR of 6.4% from 2022 to 2030. 

Rising Investments in New Airport and Fixed Base Operator Center Construction Drive Middle East & Africa Aviation Fuel Card Market

Various developed and developing countries across the globe are focusing on increasing their total number of airports. In 2023, Saudi Arabia announced the expansion of its domestic aviation industry, which will require an investment of US$ 100 billion.

These new projects are projected to attract high air traffic in the coming years. Increased air traffic at the newly built airports will lead to increased refueling and ancillary service activities, ultimately leading to high usage of aviation fuel cards. Aviation fuel card service providers, by partnering with the newly built fixed base operators, can support the network expansion as well as increase the overall usage of aviation fuel cards. Aviation fuel-producing companies can expand their aviation fuel sales by offering lucrative offers and discounts on their aviation fuel card usage at the new airports. Thus, rising investments in new airport and fixed base operator center construction is projected to create lucrative opportunities to expand their network and service offerings, which is anticipated to fuel the aviation fuel card market during forecast period.

Middle East & Africa Aviation Fuel Card Market Overview

The Middle East is home to a few of the largest petroleum refineries. Many global fuel refineries have a strong network in the region that has helped these companies in the market penetration, adoption, and usage of the aviation fuel card market. Apart from the strong network, constant growth in air transportation has driven the aviation fuel card market in the region. In the Kingdom of Saudi Arabia, over 690 routes are registered for both domestic and international travel. There are currently 141 domestic routes available. The aviation fuel card market in South Africa is mainly driven by the presence of aviation fuel producers. Air BP made deals with fixed-base operators and flight planning companies to expand its operation and aviation fuel market share in South Africa. Thus, with the presence of large fuel producers that offer fuel card services and the constant growth of air transportation in the region, the adoption of aviation fuel cards is increasing.

Middle East & Africa Aviation Fuel Card Market Revenue and Forecast to 2030 (US$ Million)

Middle East & Africa Aviation Fuel Card Strategic Insights

Strategic insights for the Middle East & Africa Aviation Fuel Card provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Middle East & Africa Aviation Fuel Card Report Scope

Middle East & Africa Aviation Fuel Card Regional Insights

The geographic scope of the Middle East & Africa Aviation Fuel Card refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

Middle East & Africa Aviation Fuel Card Market Segmentation 

The Middle East & Africa aviation fuel card market is categorized into type, application, and country. 

Based on type, the Middle East & Africa aviation fuel card market is bifurcated into merchant and branded. The merchant segment held a larger Middle East & Africa aviation fuel card market share in 2022. 

In terms of application, the Middle East & Africa aviation fuel card market is bifurcated into commercial and private. The commercial segment held a larger Middle East & Africa aviation fuel card market share in 2022. 

By country, the Middle East & Africa aviation fuel card market is segmented into Saudi Arabia, the UAE, South Africa, and the Rest of Middle East & Africa. The Rest of Middle East & Africa dominated the Middle East & Africa aviation fuel card market share in 2022. 

Shell Plc, BP Plc, Associated Energy Group LLC, TITAN Aviation Fuels Inc, and TotalEnergies SE are among the leading companies operating in the Middle East & Africa aviation fuel card market.