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Credit Cards in Germany

Summary

Credit Cards in Germany industry profile provides top-line qualitative and quantitative summary information including: market size (value 2014-18, and forecast to 2023). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- The credit cards profile covers the consumer credit sector.
- The German credit cards sector had total balances outstanding of $5.1bn in 2018, representing a compound annual growth rate (CAGR) of 3.3% between 2014 and 2018.
- The growth seen in 2016 was driven by the increasing penetration of credit cards as this form of credit is still in its infancy in Germany due to the prevalent cash culture.
- In the German sector, household disposable income is negatively correlated with the use of credit cards.

Scope

- Save time carrying out entry-level research by identifying the size, growth, and leading players in the credit cards market in Germany
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the credit cards market in Germany
- 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 Germany credit cards market with five year forecasts

Reasons to buy

- What was the size of the Germany credit cards market by value in 2018?
- What will be the size of the Germany credit cards market in 2023?
- What factors are affecting the strength of competition in the Germany credit cards market?
- How has the market performed over the last five years?
- How large is Germany’s credit cards market in relation to its regional counterparts?