New Financial Services research report from MarketLine is now available from Fast Market Research
[USPRwire, Fri Feb 20 2015] 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.
Report 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.
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?
About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.
For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)
You may also be interested in these related reports:
