The World Market for Financial Cards
Euromonitor International's The World Market for Financial Cards report establishes the size and structure of the market for ATMs, credit cards, debit cards, store cards and smart cards. It looks at key players in the market (issuers and operators), number of cards in circulation, numbers transactions and value of transactions. It offers strategic analysis of sector forecasts and trends to watch.
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Chapters: 10 | Tables: 35 | Publication date: Aug 2006
Why buy this report
- Get insight into trends in market performance
- Pinpoint growth sectors and identify factors driving change
- Identify market and brand leaders and understand the competitive environment
Regional coverage
Western Europe; Eastern Europe; North America; Latin America; Asia-Pacific; Oceania; Africa and the Middle East
Companies profiled
ABN-Amro; AMERICAN EXPRESS; Barclays Bank; Capital One; Chinatrust Commercial Bank; Citibank; Deutsche Bank; Diners Club; First Data; HSBC; Le Cetelem; MasterCard; MBNA; Standard Chartered Bank; Visa
Table of contents
1. EXECUTIVE SUMMARY
1.1 KEY MARKET TRENDS
Table 1 The Global Card Market 1999-2004
1.2 KEY MARKET STATISTICS – TOTAL SALES BY SECTOR
Chart 1 % Retail Value by Sector 2004
1.3 KEY MARKET STATISTICS – GROWTH BY SECTOR
Chart 2 Growth Sectors by Value of Transactions 1999-2004
1.4 KEY MARKET STATISTICS – TOTAL SALES BY REGION
Chart 3 % Retail Value by Region 2004
1.5 KEY MARKET STATISTICS – GROWTH BY REGION
Chart 4 Retail Value % Growth by Region 1999/2004
1.6 LEADING NATIONAL MARKETS
Chart 5 Leading National Markets by Retail Value 2004
1.7 FASTEST GROWING NATIONAL MARKETS
Chart 6 Fast Growing National Markets in Value Transactions 1999/2004
1.8 FUTURE DEVELOPMENTS
Table 2 Forecast Growth in Global Card Transactions 1999-2004
2. GLOBAL OVERVIEW
2.1 FINANCIAL CARDS BY REGION
Asia-Pacific becomes world’s most valuable market
Western Europe and North America lose global share
Driving growth in mature markets
Strongest growth in Eastern Europe
Table 3 Financial Cards by Region: Transactions 1999-2004
Table 4 Financial Cards by Region: Value 1999-2004
2.2 FINANCIAL CARDS BY SECTOR
Debit cards benefit from automatic issuing and versatility
Credit cards dampen growth in other sectors
Dynamism in emerging categories
Table 5 Financial Cards by Sector: Transactions 1999-2004
Table 6 Financial Cards by Sector: Value 1999-2004
Table 7 Financial Cards by Sector: Number of Cards in Circulation 1999-2004
3. MARKET BACKGROUND
3.1 DISPOSABLE INCOME
North American growth
Dampening factors in developed markets
Disparities in emerging markets
Russian dynamism
Table 8 Disposable Income by Country 2000-2005
3.2 CONSUMER CREDIT
Concerns over excessive debt
Changing attitudes
Rapid development in emerging markets
3.3 REGULATORY ENVIRONMENT
Banking supervision
Consumer protection
Anti-trust legislation
EU directives
Basel II
3.4 CARD FRAUD
Growing opportunities for fraudsters
Counterfeit cards
Chip and PIN
Driving criminals into new areas?
3.5 PAYMENT AND CLEARANCE SYSTEMS
Payment systems
Clearing process
Settlement
4. CREDIT CARDS
4.1 CREDIT CARDS OVERVIEW
Healthy economic conditions drive growth
New products and aggressive marketing
Targeting emerging markets
The threat of new developments
Table 9 Credit Cards by Country: Value 1999-2004
4.2 PER CAPITA CREDIT CARD PERFORMANCE
High spending in developed markets
Strong growth in emerging markets
Table 10 Credit Cards: Per Capita Value of Transactions by Country: 1999-2004
4.3 MARKET SHARES
US consolidation has global impact
Geographic expansion
Operators look to new technology and brand campaigns
Table 11 Credit Cards: Value Shares by Issuer 2002-2004
Table 12 Credit Cards: Value Shares by Operator 2002-2004
5. CHARGE CARDS
5.1 CHARGE CARD OVERVIEW
South Korea takes global lead
Regulatory changes reshape US market
Corporate cards influential in Western Europe
Building on historic platform in China
Table 13 Charge Cards by Country: Value US$ 1999-2004
5.2 PER CAPITA CHARGE CARD PERFORMANCE
South Korea and Israel lead per capita value
High levels of spending in Western Europe
Growth from a low base in emerging markets
Table 14 Charge Cards: Per Capita Value of Transactions by Country: 1999-2004
5.3 MARKET SHARES
American Express leads issuers
Big three operators dominate
Table 15 Charge Cards: Value Shares by Issuer 2002-2004
Table 16 Charge Cards: Value Shares by Operator 2002-2004
6. STORE CARDS
6.1 STORE CARD OVERVIEW
Warning signs despite growth
Competition from co-branded credit cards
Spurring wider financial cards development in emerging markets
Table 17 Store Cards by Country: Value US$ 1999-2004
6.2 PER CAPITA STORE CARD PERFORMANCE
Benefits attract consumers
Credit cards constrain sector development
Struggling to gain a foothold in some emerging markets
Table 18 Store Cards: Per Capita Value of Transactions by Country: 1999-2004
6.3 MARKET SHARES
Acquisitions cut GE Corp’s lead
Local conditions affect global performance
Table 19 Store Cards: Value Shares by Issuer 2002-2004
7. DEBIT CARDS
7.1 DEBIT CARD OVERVIEW
Growing circulation
Suited to modern lifestyles
Multifunctionality
Increased acceptance
Table 20 Debit Cards by Country: Value US$ 1999-2004
7.2 PER CAPITA DEBIT CARD PERFORMANCE
Replacing ATM cards
Increasing purchase options
Table 21 Debit Cards: Per Capita Value of Transactions by Country: 1999-2004
7.3 MARKET SHARES
Geographic fragmentation
Two leading operators dominate
China UnionPay moves towards international integration
Table 22 Debit Cards: Value Shares by Issuer 2002-2004
Table 23 Debit Cards: Value Shares by Operator 2002-2004
8. E-PURSE CARDS
8.1 E-PURSE CARD OVERVIEW
Driven by niche usage
Expanding use options
Developing common technological platforms
Table 24 E-Purse Cards by Country: Value US$ 1999-2004
8.2 PER CAPITA E-PURSE CARD PERFORMANCE
Transport drives development
Technological developments
Benefiting from labour legislation
Targeting enclosed environments
Decline in Sweden
Table 25 E-Purse Cards: Per Capita Value of Transactions by Country: 1999-2004
8.3 MARKET SHARES
Major players focus on domestic markets
Meal voucher companies lead in Brazil
Debit cards and colleges drive circulation
Table 26 E-Purse Cards: Value Shares by Issuer 2002-2004
9. OUTLOOK
9.1 FORECAST FINANCIAL CARDS BY REGION
Countering constraints in developed markets
Strong growth in emerging regions
China to take global lead
Major markets to drive expansion in Eastern Europe and Latin America
Table 27 Financial Cards Forecasts by Region: Transactions 2004-2009
Table 28 Financial Cards Forecasts by Region: Value 2004-2009
9.2 FORECAST FINANCIAL CARDS BY SECTOR
Small but dynamic
Expansion of largest sectors
Other cards struggle to keep up
Move to multifunctionality
Table 29 Financial Cards Forecasts by Sector: Transactions 2004-2009
Table 30 Financial Cards Forecasts by Sector: Value 2004-2009
Table 31 Financial Cards Forecasts by Sector: Number of Cards in Circulation 2004-2009
Table 32 Forecast Leading National Markets: Value and %of World Total 2004-2009
10. APPENDICES
10.1 PRODUCT COVERAGE AND DEFINITIONS
Affinity Card
Acquirer (merchant acquirer)
Annual Fee
Authorisation
Cardholder Not Present
Card Issuer
The Card Operator
Card Schemes
Cash Advance Fee
Charge Card
Cheque Guarantee Card
Chip Card
Co-branded Card
Contactless Card
Consumer Credit
Counterfeit (Cloned/Skimmed) Card
Cross-border Fraud
Credit Card
Credit Limit
Debit Card
EMV
Encryption
Floor Limit
E-Purse (Electronic Purse)
Electronic Wallet
Household Income
Intelligent Detection Systems
Identity Theft
Interchange
Interchange Fee
M-Commerce (Mobile Commerce)
Merchant
Processor
Procurement Card
Purchasing Card
Point of Sale (POS)
Reward Card
Skimming
Smart Card
Store Card
10.2 REGIONAL COVERAGE AND DEFINITIONS
Western Europe (17)
Eastern Europe (8)
North America (2)
Latin America (6)
Asia (12)
Australasia (2)
Africa and the Middle East (5)
10.3 OTHER COUNTRY COVERAGE AND DEFINITIONS
Other Western Europe
Other Eastern Europe
Other Latin America
Other Asia Pacific
Other Africa and the Middle East
10.4 RESEARCH METHODOLOGY
Introduction
Summary of research programme
Desk research
Store checks
Company research
Trade interviews
Market analysis
Data standardisation
Central research and database finalisation
10.5 EXCHANGE RATES
Table 33 Exchange Rates 1999-2004
10.6 INFLATION RATES
Table 34 Inflation Rates 2000-2004
10.7 POPULATION
Table 35 Population 1999-2004