1. Market Research
  2. > Financial Services
  3. > Banking
  4. > Payments Market Trends

Credit Cards in Canada, MarketLine

  • January 2015
  • 35 pages
  • MarketLine
Report ID: 2061119

Summary

Table of Contents

Search Inside

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?

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Veronica helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

U.S. Consumer Payments Outlook Through 2020

  • $ 4995
  • Industry report
  • May 2017
  • by Packaged Facts

U.S. Consumer Payments Outlook Through 2020 provides trend-forward analysis of consumer payment usage, behavior and preferences; and shifts in usage, behavior and preferences over time. The report focuses ...

Consumer Payments Country Snapshot: Denmark 2016

  • $ 3450
  • Industry report
  • June 2017
  • by GlobalData

Consumer Payments Country Snapshot: Denmark 2016 Summary Denmark is increasing its efforts to become a cashless society, backed by government support in promoting electronic payments. Danish consumers ...

The Cards and Payments Industry in Turkey: Emerging Trends and Opportunities to 2020

  • $ 2750
  • Industry report
  • May 2017
  • by GlobalData

The Cards and Payments Industry in Turkey: Emerging Trends and Opportunities to 2020 Summary Turkey’s cards and payments market remains highly competitive and attractive. A wide range of factors, such ...


ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

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