Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Bank Payment Cards Market by Type (Credit Cards, Debit Cards, Others), By Application (Personal Use, Business Use) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Bank Payment Cards Market by Type (Credit Cards, Debit Cards, Others), By Application (Personal Use, Business Use) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 149561 3300 Consumer Goods 377 243 Pages 4.9 (49)
                                          

Market Overview:


The global bank payment cards market is expected to grow at a CAGR of 9.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing use of debit and credit cards for personal and business transactions. In addition, the growing demand for contactless payments is also contributing to the growth of this market. The global bank payment cards market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into credit cards, debit cards, and others (prepaid/gift cards). The debit card segment is expected to account for a major share in terms of revenue in 2018 owing to its high adoption rate among consumers for making everyday payments. By application, it can be classified into personal use and business use segments. The personal use segment dominates this market as most consumers prefer using their bank payment cards for shopping and other day-to-day activities such as dining out or paying bills online etcetera . Regionally speaking , North America accounted for a leading share in 2017 due its well-developed banking infrastructure coupled with rising consumer awareness about benefits associated with using bank payment cards .


Global Bank Payment Cards Industry Outlook


Product Definition:


Bank payment cards are plastic cards that allow customers to access their bank account funds and make transactions. They can be used in place of cash, checks, or other forms of payment. Bank payment cards offer a number of benefits for consumers and businesses, including convenience, security, and flexibility.


Credit Cards:


Credit cards are payment instruments that help in making purchases without having to carry cash. They work on the principal that the buyer, who is not present, will pay later for the product or service. The card has a code printed or embossed with an account number and sometimes also includes an expiration date. It is used by consumers as well as businesses for purchasing products and services online or over phone lines without having to physically handover the money first.


Debit Cards:


A debit card is a plastic card with an embedded chip designed to allow the user to make purchases by tapping in the amount owed. The debit card works on the honor system, which means that there are no fees, interest rates or penalties and it does not require any paperwork. Debit cards are issued by banks and other financial institutions as payment for a transaction made using cash or check.


Application Insights:


The business use of payment cards accounted for the largest revenue share in 2017 and is anticipated to continue its dominance over the forecast period. The growing corporate sector, which mainly comprises of small and medium-sized businesses (SMBs), is expected to be a key factor driving the segment growth. SMBs are increasingly adopting payment cards as they offer various benefits, such as low transaction costs, ease of use and security. Furthermore, with an increasing number of e-commerce transactions worldwide, consumers are increasingly using online shopping portals with credit card payments. This has led to an increased demand for payment cards in the corporate sector across countries worldwide.


The personal use segment also contributed significantly towards overall market revenue in 2017 owing to rising adoption rates among individuals globally for making purchases through cashless payments or electronic transfers from their bank accounts via ATM/bank branch or from any other location using mobile banking applications on their smartphones or computers at home or work places respectively.


Regional Analysis:


The Asia Pacific region dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing adoption of bank payment cards in countries such as China, India, and Japan. Furthermore, rising demand for mobile payments across these countries is further fueling the regional market growth.


North America also held a significant share of global revenue in 2017 owing to high demand for contactless payment solutions from consumers and businesses across U.S., Canada, and Mexico. Moreover, growing popularity of digital wallets such as Apple Pay™; Google Pay™; Samsung Pay™; among others will drive regional market growth over the forecast period.


Growth Factors:


  • Increasing demand for convenience and security in payments: Bank payment cards offer a high degree of convenience and security, which is driving their adoption among consumers.
  • Growing use of bank cards for online payments: The increasing use of bank cards for online payments is another key growth driver for the market. This is because bank cards are considered more secure than other payment methods such as debit or credit cards issued by non-bank entities.
  • Proliferation of contactless technology: The proliferation of contactless technology is also aiding the growth of the market, as it offers a faster and more convenient way to make payments.
  • Rising number of cardholders: The rising number of cardholders across the globe is also propelling the growth of the market, as banks are issuing more debit and credit cards to cater to this demand.

Scope Of The Report

Report Attributes

Report Details

Report Title

Bank Payment Cards Market Research Report

By Type

Credit Cards, Debit Cards, Others

By Application

Personal Use, Business Use

By Companies

Gemalto, IDEMIA, Giesecke and Devrient, Perfect Plastic Printing, ABCorp, CPI Card, Tianyu, Goldpac, Hengbao, Watchdata Technologies, Valid, Kona I, Eastcompeace

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

243

Number of Tables & Figures

171

Customization Available

Yes, the report can be customized as per your need.


Global Bank Payment Cards Market Report Segments:

The global Bank Payment Cards market is segmented on the basis of:

Types

Credit Cards, Debit Cards, Others

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Personal Use, Business Use

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Gemalto
  2. IDEMIA
  3. Giesecke and Devrient
  4. Perfect Plastic Printing
  5. ABCorp
  6. CPI Card
  7. Tianyu
  8. Goldpac
  9. Hengbao
  10. Watchdata Technologies
  11. Valid
  12. Kona I
  13. Eastcompeace

Global Bank Payment Cards Market Overview


Highlights of The Bank Payment Cards Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Credit Cards
    2. Debit Cards
    3. Others
  1. By Application:

    1. Personal Use
    2. Business Use
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Bank Payment Cards Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Bank Payment Cards Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Bank payment cards are plastic cards that allow customers to make purchases at participating banks and merchants. The cardholder enters the amount they want to spend and the bank processes the transaction.

Some of the key players operating in the bank payment cards market are Gemalto, IDEMIA, Giesecke and Devrient, Perfect Plastic Printing, ABCorp, CPI Card, Tianyu, Goldpac, Hengbao, Watchdata Technologies, Valid, Kona I, Eastcompeace.

The bank payment cards market is expected to register a CAGR of 9.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Bank Payment Cards Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Bank Payment Cards Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Bank Payment Cards Market - Supply Chain
   4.5. Global Bank Payment Cards Market Forecast
      4.5.1. Bank Payment Cards Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Bank Payment Cards Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Bank Payment Cards Market Absolute $ Opportunity

5. Global Bank Payment Cards Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Bank Payment Cards Market Size and Volume Forecast by Type
      5.3.1. Credit Cards
      5.3.2. Debit Cards
      5.3.3. Others
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Bank Payment Cards Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Bank Payment Cards Market Size and Volume Forecast by Application
      6.3.1. Personal Use
      6.3.2. Business Use
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Bank Payment Cards Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Bank Payment Cards Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Bank Payment Cards Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Bank Payment Cards Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Bank Payment Cards Demand Share Forecast, 2019-2026

9. North America Bank Payment Cards Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Bank Payment Cards Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Bank Payment Cards Market Size and Volume Forecast by Application
      9.4.1. Personal Use
      9.4.2. Business Use
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Bank Payment Cards Market Size and Volume Forecast by Type
      9.7.1. Credit Cards
      9.7.2. Debit Cards
      9.7.3. Others
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Bank Payment Cards Demand Share Forecast, 2019-2026

10. Latin America Bank Payment Cards Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Bank Payment Cards Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Bank Payment Cards Market Size and Volume Forecast by Application
      10.4.1. Personal Use
      10.4.2. Business Use
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Bank Payment Cards Market Size and Volume Forecast by Type
      10.7.1. Credit Cards
      10.7.2. Debit Cards
      10.7.3. Others
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Bank Payment Cards Demand Share Forecast, 2019-2026

11. Europe Bank Payment Cards Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Bank Payment Cards Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Bank Payment Cards Market Size and Volume Forecast by Application
      11.4.1. Personal Use
      11.4.2. Business Use
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Bank Payment Cards Market Size and Volume Forecast by Type
      11.7.1. Credit Cards
      11.7.2. Debit Cards
      11.7.3. Others
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractivenes/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Bank Payment Cards Demand Share, 2019-2026

12. Asia Pacific Bank Payment Cards Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Bank Payment Cards Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Bank Payment Cards Market Size and Volume Forecast by Application
      12.4.1. Personal Use
      12.4.2. Business Use
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Bank Payment Cards Market Size and Volume Forecast by Type
      12.7.1. Credit Cards
      12.7.2. Debit Cards
      12.7.3. Others
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Bank Payment Cards Demand Share, 2019-2026

13. Middle East & Africa Bank Payment Cards Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Bank Payment Cards Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Bank Payment Cards Market Size and Volume Forecast by Application
      13.4.1. Personal Use
      13.4.2. Business Use
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Bank Payment Cards Market Size and Volume Forecast by Type
      13.7.1. Credit Cards
      13.7.2. Debit Cards
      13.7.3. Others
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Bank Payment Cards Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Bank Payment Cards Market: Market Share Analysis
   14.2. Bank Payment Cards Distributors and Customers
   14.3. Bank Payment Cards Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Gemalto
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. IDEMIA
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Giesecke and Devrient
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Perfect Plastic Printing
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. ABCorp
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. CPI Card
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Tianyu
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Goldpac
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Hengbao
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Watchdata Technologies
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. Valid
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. Kona I
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. Eastcompeace
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. COMPANY 14
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. COMPANY 15
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. COMPANY 16
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. COMPANY 17
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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