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South America Fuel Convenience Store POS Market

ID: MRFR/ICT/56271-HCR
200 Pages
Aarti Dhapte
October 2025

South America Fuel Convenience Store POS Market Research Report By Component (Solutions, Services), By Application (Operations Management, Cash Management, Inventory Management, Reporting & Analytics, Others), By End-Use (Fuel Station, Convenience Stores) and By Regional (Brazil, Mexico, Argentina, Rest of South America)- Forecast to 2035

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South America Fuel Convenience Store POS Market Summary

As per MRFR analysis, the South America fuel convenience-store POS market Size was estimated at 132.79 USD Million in 2024. The South America fuel convenience-store-pos market is projected to grow from 161.3 USD Million in 2025 to 1127.88 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 21.47% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The South America fuel convenience-store POS market is experiencing a transformative shift towards digital integration and sustainability.

  • Digital payment integration is becoming increasingly prevalent in Brazil, enhancing transaction efficiency.
  • Mobile applications and loyalty programs are gaining traction in Mexico, driving customer engagement and retention.
  • Sustainability initiatives are influencing consumer preferences, prompting retailers to adopt eco-friendly practices.
  • Technological advancements in POS systems and rising fuel prices are key drivers shaping market dynamics in the region.

Market Size & Forecast

2024 Market Size 132.79 (USD Million)
2035 Market Size 1127.88 (USD Million)

Major Players

Circle K (CA), 7-Eleven (US), BP (GB), Shell (NL), ExxonMobil (US), Chevron (US), TotalEnergies (FR), Marathon Petroleum (US), Phillips 66 (US)

South America Fuel Convenience Store POS Market Trends

The fuel convenience-store POS market in South America is currently experiencing a dynamic evolution, driven by various factors including technological advancements and changing consumer preferences. The integration of digital payment systems has become increasingly prevalent, allowing for faster transactions and enhanced customer experiences. Additionally, the rise of mobile applications for fuel purchases and loyalty programs appears to be reshaping how consumers interact with convenience stores. This shift not only streamlines the purchasing process but also fosters customer loyalty, which is crucial in a competitive landscape. Moreover, sustainability initiatives are gaining traction within the fuel convenience-store-pos market. Many retailers are exploring eco-friendly practices, such as offering alternative fuels and promoting energy-efficient technologies. This trend aligns with the growing consumer demand for environmentally responsible options. As a result, businesses are likely to adapt their strategies to incorporate these sustainable practices, potentially leading to a more environmentally conscious market. Overall, the fuel convenience-store-pos market in South America seems poised for continued growth, driven by innovation and a commitment to sustainability.

Digital Payment Integration

The adoption of digital payment systems is transforming the fuel convenience-store-pos market. Consumers increasingly prefer contactless transactions, which enhance speed and convenience. This trend is likely to continue as technology evolves, making payments more seamless.

Mobile Applications and Loyalty Programs

Mobile applications are becoming essential tools for engaging customers in the fuel convenience-store-pos market. These platforms facilitate fuel purchases and offer loyalty rewards, encouraging repeat business and enhancing customer satisfaction.

Sustainability Initiatives

Sustainability is emerging as a key focus in the fuel convenience-store-pos market. Retailers are exploring eco-friendly practices, such as alternative fuels and energy-efficient technologies, in response to consumer demand for environmentally responsible options.

South America Fuel Convenience Store POS Market Drivers

Expansion of Retail Networks

The expansion of retail networks across South America is a critical driver for the fuel convenience-store-pos market. As more convenience stores open in urban and rural areas, the demand for efficient POS systems increases. This expansion is often accompanied by strategic partnerships with fuel suppliers, enhancing the overall customer experience. Retailers are focusing on optimizing their supply chains and inventory management through advanced POS solutions. Recent statistics indicate that the number of convenience stores in South America has grown by 25% in the last three years, suggesting a strong market potential for innovative POS systems tailored to the fuel convenience-store-pos market.

Government Regulations and Compliance

Government regulations play a pivotal role in shaping the fuel convenience-store-pos market in South America. Compliance with local laws regarding fuel pricing, taxation, and environmental standards necessitates the implementation of sophisticated POS systems. Retailers must ensure that their systems can accurately track sales and generate reports that meet regulatory requirements. Additionally, as governments push for more transparency in fuel pricing, the demand for POS solutions that provide detailed analytics is likely to increase. Recent legislative changes have prompted many retailers to upgrade their systems, indicating a growing awareness of the importance of compliance in the fuel convenience-store-pos market.

Rising Fuel Prices and Consumer Behavior

In South America, fluctuating fuel prices significantly impact consumer behavior, thereby influencing the fuel convenience-store-pos market. As fuel prices rise, consumers tend to seek convenience and efficiency in their purchasing decisions. This shift drives the demand for POS systems that can facilitate quick transactions and provide loyalty rewards. Retailers are increasingly investing in technology that allows them to offer promotions and discounts, which can attract price-sensitive customers. Data suggests that a 15% increase in fuel prices correlates with a 20% rise in the use of loyalty programs at convenience stores, highlighting the importance of adapting to consumer needs in the fuel convenience-store-pos market.

Technological Advancements in POS Systems

The fuel convenience-store-pos market in South America is experiencing a notable shift due to rapid technological advancements in point-of-sale (POS) systems. These innovations enhance transaction efficiency and customer experience, which is crucial in a competitive landscape. For instance, the integration of cloud-based solutions allows for real-time data analytics, enabling retailers to make informed decisions. Furthermore, the adoption of advanced security features, such as EMV compliance, is becoming increasingly important as consumers demand safer payment options. According to recent data, the market for POS systems in South America is projected to grow at a CAGR of 10% over the next five years, indicating a robust demand for modernized systems in the fuel convenience-store-pos market.

Consumer Preference for Contactless Payments

The growing consumer preference for contactless payment methods is reshaping the fuel convenience-store-pos market in South America. As consumers prioritize speed and convenience, retailers are compelled to adopt POS systems that support contactless transactions. This trend is particularly evident among younger demographics, who are more inclined to use mobile wallets and NFC technology. Data indicates that contactless payments accounted for approximately 30% of all transactions in the region in 2025, reflecting a significant shift in payment behavior. Retailers that adapt to this trend by upgrading their POS systems are likely to enhance customer satisfaction and drive sales in the fuel convenience-store-pos market.

Market Segment Insights

By Component: Solutions (Largest) vs. Services (Fastest-Growing)

In the component segment of the market, Solutions hold the largest share, catering to a wide variety of customer needs and preferences. This segment emphasizes the efficacy and reliability of providing comprehensive solutions that enhance operational efficiency for convenience stores. On the other hand, Services are experiencing impressive growth, driven by the increasing demand for support and maintenance, particularly as technology evolves.

Solutions (Dominant) vs. Services (Emerging)

Solutions dominate the component segment, focusing on integrated systems that streamline operations for convenience stores. These solutions often encompass inventory management, payment processing, and customer relationship systems, which are crucial for enhancing user experience. Conversely, Services represent an emerging market value characterized by the provision of maintenance, training, and support solutions. As convenience stores increasingly adopt advanced technologies, the demand for specialized services to facilitate this transition is on the rise, indicating significant growth potential for service providers in the coming years.

By Application: Reporting & Analytics (Largest) vs. Cash Management (Fastest-Growing)

In the South America fuel convenience-store-pos market, the application segment shows diverse distribution, with Reporting & Analytics capturing the largest share. Operational tools like Operations Management and Inventory Management follow closely, indicating a robust interest in efficiency and oversight. Cash Management, while smaller, is gaining traction due to the increasing need for secure and efficient cash-handling processes. The growth trends in this segment are driven by technology advancements and evolving customer expectations. Reporting & Analytics is propelled by the demand for data-driven decision-making, while Cash Management is rapidly emerging as convenience stores seek to enhance security and streamline processes. Embracing digital solutions is crucial for retailers aiming to succeed in a competitive landscape, focusing on optimizing their operations and improving profitability.

Reporting & Analytics: Dominant vs. Cash Management: Emerging

Reporting & Analytics stands out in the South America fuel convenience-store-pos market for its ability to deliver critical insights and drive strategic decisions for retailers. This dominant application helps businesses analyze consumer behavior and optimize inventory levels, enhancing overall operational efficiency. In contrast, Cash Management is gaining momentum as an emerging application, addressing the pressing need for security in cash transactions and efficient financial oversight. Retailers are increasingly investing in modern cash management solutions to reduce losses and improve cash flow. Both segments demonstrate the market's commitment to leveraging technology for improved operational performance, with Reporting & Analytics leading the way and Cash Management evolving rapidly.

By End-Use: Fuel Station (Largest) vs. Convenience Stores (Fastest-Growing)

In the current landscape, Fuel Station holds a significant market share within the segment, reflecting its traditional dominance in energy distribution. Convenience Stores, while trailing in overall market share, are emerging as a vital component of the retail strategy, driven by consumer preferences for accessible and quick service options. As Fuel Stations optimize their offerings, they must also adapt to the evolving competition from Convenience Stores. The growth trends for these segments reveal a transformative shift in consumer habits. Convenience Stores are increasingly becoming preferred among consumers seeking convenience and a quick-stop shopping experience. This shift is fueled by modern consumer lifestyles and the integration of technology into shopping experiences, pushing these stores to become not just fuel stops but comprehensive retail solutions, thereby enhancing their growth prospects in the market.

Fuel Station: Dominant vs. Convenience Stores: Emerging

Fuel Stations are characterized by their established presence and comprehensive fuel offerings, making them a dominant player in the market. They provide essential services associated with fuel distribution, ensuring a steady customer base that relies on refueling needs. In contrast, Convenience Stores are emerging as dynamic retail hubs, innovating their product lines and services to cater to the needs of on-the-go consumers. With their expanding range of convenience items, from snacks to essential groceries, they are adept at capturing the attention of consumers looking for quick purchases alongside fuel. This adaptability and responsiveness to consumer trends position Convenience Stores for significant growth, as they strategically embrace technology and quality service to enhance customer experience and loyalty.

Get more detailed insights about South America Fuel Convenience Store POS Market

Regional Insights

Brazil : Brazil's Unmatched Market Leadership

Brazil holds a commanding 60.0% market share in South America's fuel convenience-store sector, valued at approximately $12 billion. Key growth drivers include rising urbanization, increased vehicle ownership, and a shift towards convenience shopping. Government initiatives promoting biofuels and renewable energy are also shaping demand trends. Infrastructure improvements, particularly in logistics and transportation, are enhancing distribution efficiency, further fueling market growth.

Mexico : Mexico's Fuel Convenience Growth Surge

Mexico commands a 30.0% market share in the fuel convenience-store sector, valued at around $6 billion. The growth is driven by increasing consumer demand for convenience and the expansion of urban areas. Regulatory reforms aimed at liberalizing the fuel market have also spurred competition and investment. The rise of e-commerce and digital payment solutions is reshaping consumption patterns, making convenience stores more appealing to tech-savvy consumers.

Argentina : Argentina's Resilient Fuel Market

Argentina holds a 25.0% market share in the fuel convenience-store market, valued at approximately $4.5 billion. Key growth drivers include a recovering economy and increased consumer spending on fuel and convenience products. However, inflation and regulatory challenges pose risks. Major cities like Buenos Aires and Córdoba are pivotal markets, with a competitive landscape featuring local and international players. The government is also focusing on improving fuel quality standards, which impacts market dynamics.

Rest of South America : Varied Growth Across South America

The Rest of South America accounts for 17.79% of the fuel convenience-store market, valued at about $3 billion. This sub-region includes diverse markets like Chile, Peru, and Colombia, each with unique growth drivers. Factors such as increasing urbanization, rising disposable incomes, and government initiatives to enhance fuel accessibility are contributing to market expansion. Local players dominate, but international brands are gradually entering these markets, intensifying competition.

South America Fuel Convenience Store POS Market Regional Image

Key Players and Competitive Insights

The fuel convenience-store POS market in South America is characterized by a dynamic competitive landscape, driven by evolving consumer preferences and technological advancements. Major players such as Circle K (CA), BP (GB), and Shell (NL) are actively reshaping their operational strategies to enhance market presence. Circle K (CA) has focused on expanding its footprint through strategic acquisitions, while BP (GB) emphasizes sustainability initiatives, aiming to reduce carbon emissions across its operations. Shell (NL) is investing heavily in digital transformation, enhancing customer engagement through mobile applications and loyalty programs. Collectively, these strategies indicate a shift towards a more integrated and customer-centric approach within the market.

Key business tactics employed by these companies include localizing supply chains and optimizing operational efficiencies. The market structure appears moderately fragmented, with several key players vying for market share. This fragmentation allows for diverse consumer choices but also intensifies competition among established brands and emerging players. The collective influence of these companies shapes pricing strategies and service offerings, creating a competitive environment that is both challenging and opportunistic.

In October 2025, Circle K (CA) announced the acquisition of a regional chain of convenience stores, which is expected to enhance its market penetration in Brazil. This strategic move not only expands its geographical reach but also allows Circle K (CA) to leverage local supply chains, potentially reducing operational costs and improving service delivery. Such acquisitions are indicative of a broader trend towards consolidation in the market, as companies seek to fortify their positions against competitors.

In September 2025, BP (GB) launched a new initiative aimed at integrating renewable energy sources into its fuel offerings. This initiative is part of BP's broader commitment to sustainability and aligns with global trends towards cleaner energy solutions. By diversifying its energy portfolio, BP (GB) positions itself as a leader in the transition to sustainable fuels, which may attract environmentally conscious consumers and enhance brand loyalty.

In August 2025, Shell (NL) unveiled a new digital platform designed to streamline customer interactions and enhance the shopping experience at its convenience stores. This platform incorporates AI-driven analytics to personalize promotions and improve inventory management. The strategic importance of this development lies in its potential to increase customer retention and drive sales, reflecting a growing trend towards digitalization in the retail sector.

As of November 2025, current competitive trends in the fuel convenience-store-pos market are heavily influenced by digitalization, sustainability, and the integration of AI technologies. Strategic alliances among key players are increasingly shaping the landscape, fostering innovation and collaboration. Looking ahead, competitive differentiation is likely to evolve from traditional price-based strategies to a focus on technological innovation, enhanced customer experiences, and reliable supply chains. This shift underscores the importance of adaptability and forward-thinking strategies in navigating the complexities of the market.

Key Companies in the South America Fuel Convenience Store POS Market market include

Industry Developments

In recent months, the South America Fuel Convenience Store Point of Sale (POS) market has experienced notable developments and activities. In August 2023, Petrobras completed a restructuring strategy aimed at improving operational efficiency, which could impact the fuel retail sector positively. 

Additionally, in July 2023, Shell Brasil announced plans for enhancing their station networks with upgraded POS systems, emphasizing digital payments to streamline customer transactions, reflecting a broader trend within the market that focuses on improving customer experience. In terms of mergers and acquisitions, Cosan was reported to be in discussions to acquire select retail outlets linked to fuel distribution, enhancing its footprint in the region. 

Over the last few years, notable developments include Cencosud's expansion into the convenience store segment within its fuel offerings during early 2022. The growth potential of this market has been bolstered by a general increase in fuel consumption across South America, driven by economic recovery post-pandemic. Major players like Axion and YPF are strategizing to adapt their POS offerings to meet the growing demand for efficiency and digital solutions, reflecting significant shifts in consumer behavior and preferences in fuel retailing throughout the region.

Future Outlook

South America Fuel Convenience Store POS Market Future Outlook

The fuel convenience-store-pos market is projected to grow at 21.47% CAGR from 2024 to 2035, driven by technological advancements, increased fuel demand, and evolving consumer preferences.

New opportunities lie in:

  • Integration of mobile payment solutions for enhanced customer convenience.
  • Development of loyalty programs to increase customer retention and sales.
  • Expansion of e-commerce platforms for fuel and convenience product sales.

By 2035, the market is expected to achieve robust growth, positioning itself as a leader in the region.

Market Segmentation

South America Fuel Convenience Store POS Market End-Use Outlook

  • Fuel Station
  • Convenience Stores

South America Fuel Convenience Store POS Market Component Outlook

  • Solutions
  • Services

South America Fuel Convenience Store POS Market Application Outlook

  • Operations Management
  • Cash Management
  • Inventory Management
  • Reporting & Analytics
  • Others

Report Scope

MARKET SIZE 2024132.79(USD Million)
MARKET SIZE 2025161.3(USD Million)
MARKET SIZE 20351127.88(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR)21.47% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Million
Key Companies Profiled["Circle K (CA)", "7-Eleven (US)", "BP (GB)", "Shell (NL)", "ExxonMobil (US)", "Chevron (US)", "TotalEnergies (FR)", "Marathon Petroleum (US)", "Phillips 66 (US)"]
Segments CoveredComponent, Application, End-Use
Key Market OpportunitiesIntegration of advanced payment systems enhances customer experience in the fuel convenience-store-pos market.
Key Market DynamicsTechnological advancements in point-of-sale systems enhance operational efficiency in the fuel convenience-store market.
Countries CoveredBrazil, Mexico, Argentina, Rest of South America

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FAQs

What is the expected market size of the South America Fuel Convenience Store POS Market in 2024?

The South America Fuel Convenience Store POS Market is expected to be valued at 55.5 million USD in 2024.

What is the projected market size for the South America Fuel Convenience Store POS Market by 2035?

By 2035, the market is anticipated to reach a valuation of 462.76 million USD.

What is the expected compound annual growth rate (CAGR) for the South America Fuel Convenience Store POS Market from 2025 to 2035?

The market is expected to experience a CAGR of 21.264% during the forecast period from 2025 to 2035.

Which region holds the largest market share in the South America Fuel Convenience Store POS Market?

Brazil is expected to hold the largest market share, valued at 22.5 million USD in 2024.

What will be the value of the South America Fuel Convenience Store POS Market in Mexico by 2035?

In 2035, the market in Mexico is projected to reach 130.45 million USD.

What is the expected market size for Argentina in the South America Fuel Convenience Store POS Market in 2024?

The market size for Argentina in 2024 is expected to be 10.5 million USD.

What are the key players involved in the South America Fuel Convenience Store POS Market?

Major players include Axion, Petrobras, Cencosud, Shell, and Ecopetrol among others.

How much is the Solutions component of the South America Fuel Convenience Store POS Market valued at in 2024?

The Solutions component is valued at 24.0 million USD in the year 2024.

What will be the value of the Services component of the South America Fuel Convenience Store POS Market by 2035?

By 2035, the Services component is projected to be valued at 261.66 million USD.

What challenges does the South America Fuel Convenience Store POS Market currently face?

The market may confront challenges including regulatory changes and technological advancements affecting competitiveness.

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