The forecast for the number of cards with a credit function per inhabitant in Japan shows a steady trend from 2024 to 2028, with the value remaining consistent at 2.23 cards per inhabitant. In 2023, the value stood at 2.23 as well, demonstrating no year-on-year or two-year variations. Consequently, the CAGR over the last five years is 0%, indicating stability in the market.
Future trends to watch for include:
- Potential market saturation as the number of cards per inhabitant stabilizes.
- Impact of digital payments and fintech innovations on the credit card market.
- Shifts in consumer behavior and preferences towards alternative credit options.
