2008-09-27 16:43:02 -
Sizing and Forecasting the UK Plastic Card market - a new market research report on http://www.companiesandmarkets.com www.companiesandmarkets.com/Summary-Market-Report/Sizing-and-For ..
Introduction
This brief is the first section of Datamonitor´s UK Plastic Cards 2008 report. The UK plastic card market is sized by the number of cards, and the value and number of transactions. Data is segmented by card type. It contains discussions of the drivers of market performance and an analysis of the impact of the
credit crunch on the market. It concludes with forecasts to 2012 for all card types.
Scope
*The brief sizes the UK market from 2003-2007, examining the metrics of card numbers, the number of transactions and the values of transactions.
*The brief sizes the market segmented by card type. That is to say by debit, credit, charge and private label cards
*The number of cards, number of transactions and value of transactions are forecast to 2012. These are also presented by card type.
*This brief does not cover competitor market shares. These are available in the competitor section of the UK Plastic Cards series (BFFS0620)
Highlights
After declining in 2005 and 2006, the number of cards in issue grew again in 2007. The decline in cards has been due to a falling number of both private label and credit cards, but this has been offset by a growing number of debit cards in issue.
Multiple cardholding remains an important feature of the market. Driven by a combination of issuer competition and the growing affinity for payment cards among consumers, the average number of cards held by cardholders has increased over time. At the end of 2007, the average debit cardholder had 1.7 debit cards, up from 1.4 in 2000. At the same time, the average credit cardholder had 2.2 credit cards, up from 1.8 in 2000.
Between 2003 and 2007, the number of ATMs in The UK grew from 46,461 to 63,420. While the number of ATMs owned by banks increased just 8% during this period, the number of independently operated machines doubled from 14,436 to 28,963. The massive growth in this sector reflects how lucrative the market is for independent operators.
Reasons to Purchase
*Learn how the UK plastic card market has developed over the last five years.
*Understand how the credit crunch has impacted upon the UK cards market and how it is likely to do so in the future.
*Discover how the market will develop to 2012, including credit card forecasts for optimistic, neutral and pessimistic economic scenarios.
www.companiesandmarkets.com/Summary-Market-Report/Sizing-and-For ..
