Global Credit Card Industry - Emerging Markets

Global Credit Card Industry - Emerging Markets

Our new research report, “Global Credit Card Industry - Emerging Markets”, states that with changing consumer spending patterns, the credit card market in emerging economies has expanded rapidly in recent years. For instance, between 2004 and 2007, the number of credit cards in Brazil and Mexico more than doubled, while the number of cards in circulation in Poland tripled. Outstanding credit card debt in India tripled over the same period. In China, growth in the number of credit cards averaged just over 23% from 2004 to 2007, and then surged to nearly 93% in the first half of 2008.

We strongly believe that this growth trend will continue in near future as well, with a small deceleration in effect of global financial turmoil and credit squeeze. Bankers will also be a little more conscious while doing risk evaluation of credit card applicants. But the overall trend will remain positive.

The baseline for this optimistic future outlook is that governments in most of the emerging countries are encouraging credit cards usage to cut the operating cost and to avoid tax delinquencies. Consumers also prefer use of credit cards as they are safer to carry and provide credit facility as well. Beside this, there are many other benefits like reward points and discounts by merchants as well as bankers which lure customers to shop by credit cards.

This report provides extensive research and in-depth analysis on the emerging credit card markets. It will help clients to analyze the leading-edge opportunities critical to the success of emerging credit card markets. Detailed data and analysis will help the players to navigate through the evolving credit card markets in the world.

Our research provides forecast on

• Number of credit cards in China, 2008 & 2012
• Credit cards purchases in India, 2008-09 to 2011-12
• Credit cards spending in South Korea, 2008-2012
• Number of credit cards in Russia, 2008-2012
• Number of credit cards in Poland, 2008-2012
• Consumer spending via credit cards in Brazil, 2008-2012
• Number of credit cards in Mexico, 2008-2012

1. Analyst View
2. Emerging Credit Card Markets
2.1 China
2.1.1 Market Attractions
2.1.2 Market Performance
2.1.3 Future Outlook
2.1.4 Roadblocks
2.2 India
2.2.1 Market Attractions
2.2.2 Market Performance
2.2.3 Future Outlook
2.2.4 Roadblocks
2.3 South Korea
2.3.1 Market Attractions
2.3.2 Market Performance
2.3.3 Future Outlook
2.3.4 Roadblocks
2.4 Russia
2.4.1 Market Attractions
2.4.2 Market Performance
2.4.3 Future Outlook
2.4.4 Roadblocks
2.5 Poland
2.5.1 Market Attractions
2.5.2 Market Performance
2.5.3 Future Outlook
2.5.4 Roadblocks
2.6 Brazil
2.6.1 Market Attractions
2.6.2 Market Performance
2.6.3 Future Outlook
2.6.4 Roadblocks
2.7 Mexico
2.7.1 Market Attractions
2.7.2 Market Performance
2.7.3 Future Outlook
2.7.4 Roadblocks

List of Figures:

Figure 2-1: China - Unemployment (%), 2003-2012
Figure 2-2: China - Number of Credit Cards (in Million Units), Q1 2007 & Q1 2008
Figure 2-3: China - Outstanding Balances on Credit Cards (in Million Yuan), 2002-H1 2007
Figure 2-4: China - Credit Card Market by Player (%), 2007
Figure 2-5: China - Share of Credit Cards in Bank Cards (%), Q1 2008
Figure 2-6: China - Share of Bank Card Transactions in Retail Sales (%), Q1 2007 & Q1 2008
Figure 2-7: China - Number ATMs & POS Terminals (in ‘000), 2006 & 2007
Figure 2-8: China - Forecast for Number of Credit Cards (in Million Units), 2008 & 2012
Figure 2-9: China - Credit Card Penetration by Tier (%), H1 2008
Figure 2-10: India - Number of Internet Users (in ‘000), 2002-2007
Figure 2-11: India - Number of Credit Cards (in Million Units), H1 2007 & H1 2008
Figure 2-12: India - Share of Public & Private Sector Banks in Credit Card Issuance (%), H1 2008
Figure 2-13: India - Number of Bank Card Transactions (in Million), 2004-05 to 2007-08
Figure 2-14: India - Credit Card Transactions (in Crore Rs), 2004-05 to 2007-08
Figure 2-15: India - Credit Card Transactions at POS Terminals (in Crore Rs), H1 2007 & H1 2008
Figure 2-16: India - Forecast for Purchases by Credit Cards (in Crore Rs), 2008-09 to 2011-12
Figure 2-17: South Korea - Credit Card Spending (in Trillion Won), 2006 & 2007
Figure 2-18: South Korea - Daily Credit Card Spending (in Trillion Won), Q1 2007 & Q1 2008
Figure 2-19: South Korea - Overseas Credit Card Spending (in Billion US$), 2005 & 2006
Figure 2-20: South Korea - Number of Credit Delinquents (in Million), 2002-H1 2007
Figure 2-21: South Korea - Forecast for Credit Card Spending (in Trillion Won), 2008-2012
Figure 2-22: Russia - Number of Bank Cards (in Million), 2006- H1 2008
Figure 2-23: Russia - Share of Credit Cards in Bank Cards (%), H1 2008
Figure 2-24: Russia - Number of Credit Cards (in Million), 2006-H1 2008
Figure 2-25: Russia - Credit Card Market (in Billion US$), H1 2008 & 2008
Figure 2-26: Russia - Credit Card Market by Player (%), Q1 2008
Figure 2-27: Russia - Number of ATMs w.r.t. Europe and US (per Million Population), Aug 2007
Figure 2-28: Russia - Forecast for Number of Credit Cards (in Million Units), 2008-2012
Figure 2-29: Poland - Number of Bankable Households (in Million), 2002-2007
Figure 2-30: Poland - Consumer Expenditure (in Billion US$), 2002-2007
Figure 2-31: Poland - Number of Credit Cards (in Million), 2002- H1 2008
Figure 2-32: Poland - Credit Card Transactions (in Billion PLN), 2002-2007
Figure 2-33: Poland - Credit Card Market by Player (%), H1 2008
Figure 2-34: Poland - Share of Credit Card Debt in Household Debt (%), H1 2008
Figure 2-35: Poland - Number of ATMs (2002-H1 2008)
Figure 2-36: Poland - Forecast for Number of Credit Cards (in Million), 2008-2012
Figure 2-37: Brazil - Consumer Spending through Bank Cards (in Billion Real), Q1 2007 & Q1 2008
Figure 2-38: Brazil - Share of Credit Cards in Spending through Plastic Money (%), Q1 2008
Figure 2-39: Brazil - Number of Credit Cards (in Million), 2001-2006 & 2008
Figure 2-40: Brazil - Forecast for Consumer Spending through Credit Cards (in Billion Real), 2008-2012
Figure 2-41: Mexico - Number of Credit Cards Issued* & Credit Card Accounts** (in Million), 2007 & Q2 2008
Figure 2-42: Mexico - Number of Used Credit Cards (in Million), 2007 & Q2 2008
Figure 2-43: Mexico - Purchases by Credit Cards (in Billion US$), Q1 2007 & Q1 2008
Figure 2-44: Mexico - Number of ATMs (in ‘000), 2007 & Q2 2008
Figure 2-45: Mexico - ATM Transactions by Debit & Credit Cards (%), Q2 2008
Figure 2-46: Mexico - Number of POS Terminals (in ‘000), Q4 2007 & Q2 2008
Figure 2-47: Mexico - POS Transactions by Debit & Credit Cards (%), Q2 2008
Figure 2-48: Mexico - Forecast for Number of Credit Cards (in Million Units), 2008-2012

List of Tables:

Table 2-1: South Korea - Probability of Choice for Payment Instruments by Age Group (%)