China Credit Card Market Forecast to 2015

Jan 28, 2013, 16:32 ET from Reportlinker

NEW YORK, Jan. 28, 2013 /PRNewswire/ -- announces that a new market research report is available in its catalogue:

China Credit Card Market Forecast to 2015

China's credit card market has been witnessing significant growth from the past few years with robust expansion in its economy. The credit cards are being increasingly used in numerous shopping malls and various online portals that carry luxury or world-class brands of consumer goods. This is mainly due to the advancement of technology in bank card industry, which is bringing transparency, ease, and security in the use of these cards. In future, with increasing trend of online shopping and other benefits, like reward points and discounts, offered by merchants as well as banks to attract customers, the number of credit cards are expected to grow significantly.

According to our latest research report, "China Credit Card Market Forecast to 2015", the total number of credit cards issued in the country is expected to expand at a double-digit rate during the next few years. With continuous rise in young population, government support, advancement in e-banking services, and emerging trend of e-commerce, Chinese credit card market has been growing rapidly. Owing to all these factors, it is anticipated that total number of credit cards in China will grow at a CAGR of 24% during 2012-2015.

As per our research findings, shopping accounts for the largest share of total credit card spending in the country. Our report covers detailed analysis of credit card spending by category including shopping, entertainment, travel and accommodation, dining out etc. Besides, it also analyzes industry challenges affecting the fast track growth of the Chinese credit card industry.

Our report, "China Credit Card Market Forecast to 2015", provides future forecast on the industry based on the correlation of past drivers, challenges, and opportunities for expansion after analyzing the macroeconomic factors as well. We have covered detail analysis of the credit card market including credit card transaction value and volume, corporate and personal credit cards, credit card loans, market share of leading credit card issuers, and number of credit cards along with their forecast. In this way, the report presents a complete and coherent analysis of the Chinese credit card industry, which will prove influential for clients.

Thorough analysis has been conducted on the key strategies of various national and international banks along with key highlights that will help the client to have an understanding of the competitors in the China credit card industry.

1. Analyst View

2. Research Methodology

3. Macroeconomic Analysis

3.1 Economic Growth

3.2 Inflation Rate

3.3 Annual Disposable Income

4. Payment Card Industry Overview

4.1 Bank Card by Type

5. Credit Cards Market Analysis to 2015

5.1 Number of Credit Cards

5.1.1 Corporate vs Personal Cards

5.2 Credit Card Transactions

5.2.1 By Volume

5.2.2 By Value

5.3 Credit Card Spending by Category

5.4 Credit Card Loans

5.5 Leading Credit Card Issuers

5.6 Credit Card Charges

5.7 Number of ATM Networks and POS Terminals

6. Market Trends and Drivers

6.1 Young Population Favoring Credit Card Growth

6.2 Shift towards e-Shopping

6.3 Rising Number of Co-branded Cards

6.4 New Opportunities for Foreign Banks Credit Cards

6.5 Financial Cards Coming-up with New Technological Features

6.6 Government Initiatives to Drive Credit Card Usage

7. Regulatory Framework

7.1 Licensing Procedure for Foreign Banks

8. Industry Challenges

8.1 Low Frequency of Credit Cards Usage

8.2 Banks and Merchant Tie-ups - a Major Barrier

8.3 Growing Credit Card Frauds

9. Competitive Landscape

9.1 Domestic Banks

9.1.1 Industrial and Commercial Bank of China Key Highlights Key Strategies

9.1.2 China Merchants Bank Co., Ltd Key Highlights Key Strategies

9.1.3 China Construction Bank Corporation Key Highlights Key Strategies

9.1.4 Bank of China Ltd Key Highlights Key Strategies

9.1.5 Agriculture Bank of China Key Highlights Key Strategies

9.2 Foreign Banks

9.2.1 Citibank (China) Co. Ltd Key Highlights Key Strategies

9.2.2 HSBC Bank (China) Co. Ltd Key Highlights Key Strategies

9.2.3 Bank of East Asia (China) Limited Key Highlights Key Strategies

List of Figures:

Figure 3-1: Real GDP Growth (%), 2010-2015

Figure 3-2: Consumer Price Inflation (%), 2010-2015

Figure 3-3: Per Head Personal Disposable Income (US$), 2010-2015

Figure 4-1: Share of Credit and Debit Cards (2012)

Figure 4-2: Forecast for Share of Credit and Debit Cards (2015)

Figure 5-1: Number of Credit Cards (Million), 2010-2015

Figure 5-2: Share of Corporate and Personal Credit Cards (2012)

Figure 5-3: Number of Credit Card Transactions (Billion), 2009-2012

Figure 5-4: Credit Card Transactions (Trillion CNY), 2009-2012

Figure 5-5: Share of Credit Card Transactions in Consumer Goods Sales (2011)

Figure 5-6: Credit Card Spending by Category (%), 2012

Figure 5-7: Credit Cards Loans (Billion CNY), 2008-2011

Figure 5-8: Share of Banks in Credit Card Issuance (2012)

Figure 5-9: Distribution of Credit Card Charges (%)

Figure 5-10: Number of ATMs ('000), 2008-2011

Figure 5-11: Number of POS Terminals (Million), 2008-2011

Figure 6-1: Share of Young Population in Total Population (2012)

Figure 6-2: Young Population (Million), 2011-2015

To order this report:

Credit_Card Industry: China Credit Card Market Forecast to 2015

Contact Nicolas:
US: (805)-652-2626
Intl: +1 805-652-2626

SOURCE Reportlinker