1. Market Research
  2. > Financial Services
  3. > Banking Market Trends
  4. > Credit Cards in Canada, MarketLine

Credit Cards in Canada, MarketLine

  • January 2015
  • -
  • MarketLine
  • -
  • 35 pages

Introduction

Credit Cards in Canada industry profile provides top-line qualitative and quantitative summary information including: market size (value 2010-14, and forecast to 2019). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Essential resource for top-line data and analysis covering the Canada credit cards market. Includes market size data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Highlights

*The credit cards profile covers the consumer credit market. The market value reflects consumer credit balances outstanding at the end of the year, accounted for by credit cards and other revolving plans. All currency conversions within this report have been calculated using constant 2013 annual average exchange rates.

*The Canadian credit cards sector had total balances outstanding of $76.4bn in 2014, representing a compound annual growth rate (CAGR) of 6.4% between 2010 and 2014.

*In its 2014 Budget, the Canadian government raised the issue of credit card fees, stating that they are among the highest in the world. Minister of Finance Joe Oliver wants the likes of MasterCard and Visa to voluntarily reduce the fees they charge retailers by 10%. This could, if it comes to pass, encourage more small retailers to accept card payments.

*The performance of the sector is forecast to decelerate, with an anticipated CAGR of 3.3% for the five-year period 2014 - 2019, which is expected to drive the sector to a value of $89.9bn by the end of 2019.

Features

Save time carrying out entry-level research by identifying the size, growth, and leading players in the credit cards market in Canada

Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the credit cards market in Canada

Leading company profiles reveal details of key credit cards market players’ global operations and financial performance

Add weight to presentations and pitches by understanding the future growth prospects of the Canada credit cards market with five year forecasts

Macroeconomic indicators provide insight into general trends within the Canada economy

Key Questions Answered

What was the size of the Canada credit cards market by value in 2014?

What will be the size of the Canada credit cards market in 2019?

What factors are affecting the strength of competition in the Canada credit cards market?

How has the market performed over the last five years?

Table Of Contents

Credit Cards in Canada, MarketLine
TABLE OF CONTENTS
Executive Summary 2
Market value 2
Market value forecast 2
Market share 2
Market rivalry 2
Market Overview 6
Market definition 6
Market analysis 6
Market Data 7
Market value 7
Market Segmentation 8
Market share 8
Market Outlook 9
Market value forecast 9
Five Forces Analysis 10
Summary 10
Buyer power 11
Supplier power 12
New entrants 13
Threat of substitutes 14
Degree of rivalry 15
Leading Companies 16
The Bank of Nova Scotia 16
Canadian Imperial Bank of Commerce 20
Royal Bank of Canada 23
The Toronto-Dominion Bank 27
Macroeconomic Indicators 31
Country Data 31
Appendix 33
Methodology 33
Industry associations 34
Related MarketLine research 34

LIST OF TABLES
Table 1: Canada credit cards sector value: $ billion, 2010-14 7
Table 2: Canada credit cards sector share: % share, by value, 2014 8
Table 3: Canada credit cards sector value forecast: $ billion, 2014-19 9
Table 4: The Bank of Nova Scotia: key facts 16
Table 5: The Bank of Nova Scotia: key financials ($) 17
Table 6: The Bank of Nova Scotia: key financials (C$) 17
Table 7: The Bank of Nova Scotia: key financial ratios 18
Table 8: Canadian Imperial Bank of Commerce: key facts 20
Table 9: Canadian Imperial Bank of Commerce: key financials ($) 21
Table 10: Canadian Imperial Bank of Commerce: key financials (C$) 21
Table 11: Canadian Imperial Bank of Commerce: key financial ratios 21
Table 12: Royal Bank of Canada: key facts 23
Table 13: Royal Bank of Canada: key financials ($) 24
Table 14: Royal Bank of Canada: key financials (C$) 24
Table 15: Royal Bank of Canada: key financial ratios 25
Table 16: The Toronto-Dominion Bank: key facts 27
Table 17: The Toronto-Dominion Bank: key financials ($) 28
Table 18: The Toronto-Dominion Bank: key financials (C$) 28
Table 19: The Toronto-Dominion Bank: key financial ratios 29
Table 20: Canada size of population (million), 2010-14 31
Table 21: Canada gdp (constant 2005 prices, $ billion), 2010-14 31
Table 22: Canada gdp (current prices, $ billion), 2010-14 31
Table 23: Canada inflation, 2010-14 32
Table 24: Canada consumer price index (absolute), 2010-14 32
Table 25: Canada exchange rate, 2010-14 32

LIST OF FIGURES
Figure 1: Canada credit cards sector value: $ billion, 2010-14 7
Figure 2: Canada credit cards sector share: % share, by value, 2014 8
Figure 3: Canada credit cards sector value forecast: $ billion, 2014-19 9
Figure 4: Forces driving competition in the credit cards sector in Canada, 2014 10
Figure 5: Drivers of buyer power in the credit cards sector in Canada, 2014 11
Figure 6: Drivers of supplier power in the credit cards sector in Canada, 2014 12
Figure 7: Factors influencing the likelihood of new entrants in the credit cards sector in Canada, 2014 13
Figure 8: Factors influencing the threat of substitutes in the credit cards sector in Canada, 2014 14
Figure 9: Drivers of degree of rivalry in the credit cards sector in Canada, 2014 15
Figure 10: The Bank of Nova Scotia: revenues and profitability 18
Figure 11: The Bank of Nova Scotia: assets and liabilities 19
Figure 12: Canadian Imperial Bank of Commerce: revenues and profitability 22
Figure 13: Canadian Imperial Bank of Commerce: assets and liabilities 22
Figure 14: Royal Bank of Canada: revenues and profitability 25
Figure 15: Royal Bank of Canada: assets and liabilities 26
Figure 16: The Toronto-Dominion Bank: revenues and profitability 29
Figure 17: The Toronto-Dominion Bank: assets and liabilities 30

View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Veronica

+1 718 514 2762

Purchase Reports From Reputable Market Research Publishers
2017: Key Trends in Retail Banking

2017: Key Trends in Retail Banking

  • $ 5250
  • Industry report
  • January 2017
  • by GlobalData

Summary Several trends will drive developments in retail banking in 2017, including factors as diverse as changes to the regulatory environment, the emergence of artificial intelligence, and the long-awaited ...

UK Savings: 2016 Review, Forecasts and Future Opportunities

UK Savings: 2016 Review, Forecasts and Future Opportunities

  • $ 5250
  • Industry report
  • January 2017
  • by GlobalData

Summary Retail deposits for 2016 are expected to be 6% higher than in 2015. However, market conditions over the next few years are predicted to dampen prospects for future growth. UK retail deposits will ...

Global Biopreservation Market

Global Biopreservation Market

  • $ 4250
  • Industry report
  • December 2016
  • by Mordor Intelligence LLP

The global biopreservation market is estimated to reach USD 2223.7 million by the end of 2016. Considering the current market status, growth indicator and expected future trends, the market is estimated ...


ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.