Credit Cards in the United Kingdom (UK) - Market Summary, Competitive Analysis and Forecast to 2025

Credit Cards in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). 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 cards market.
The UK credit cards sector had total balances outstanding of $86.1bn in 2020, representing a compound annual rate of change (CARC) of -0.3% between 2016 and 2020.
Sector consumption volume increased with a CAGR of 1.6% between 2016 and 2020, to reach a total of 3.2 billion number of credit card transactions in 2020.
Public awareness of the benefits of credit cards is high in the UK, and consumers generally use credit cards to take advantage of benefits such as cashback and reward programs.

Scope

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

Reasons to Buy

What was the size of the United Kingdom credit cards market by value in 2020?
What will be the size of the United Kingdom credit cards market in 2025?
What factors are affecting the strength of competition in the United Kingdom credit cards market?
How has the market performed over the last five years?
What are the main segments that make up the United Kingdom's credit cards market?

Frequently Asked Questions about the Credit Cards in the United Kingdom (UK) Market

What is the estimated value of the Credit Cards in the United Kingdom (UK) Market?

The Credit Cards in the United Kingdom (UK) Market was estimated to be valued at $86.1 Billion in 2020.

What is the growth rate of the Credit Cards in the United Kingdom (UK) Market?

The growth rate of the Credit Cards in the United Kingdom (UK) Market is 2.4%, with an estimated value of $97.2 Billion by 2025.

What is the forecasted size of the Credit Cards in the United Kingdom (UK) Market?

The Credit Cards in the United Kingdom (UK) Market is estimated to be worth $97.2 Billion by 2025.

Who are the key companies in the Credit Cards in the United Kingdom (UK) Market?

Key companies in the Credit Cards in the United Kingdom (UK) Market include Barclays Bank Plc, Lloyds Bank Plc, TESCO Personal Finance Group Ltd, HSBC Holdings Plc and NatWest Group Plc.

Report Attribute	Details
No. of Pages	44
Published	March 2021
Forecast Period	2020 - 2025
Estimated Market Value ( USD ) in 2020	$ 86.1 Billion
Forecasted Market Value ( USD ) by 2025	$ 97.2 Billion
Compound Annual Growth Rate	2.4%
Regions Covered	United Kingdom

1 Executive Summary

1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Geography segmentation
1.6. Market rivalry
1.7. Competitive Landscape

2 Market Overview

2.1. Market definition
2.2. Market analysis

3 Market Data

3.1. Market value
3.2. Market volume

4 Market Segmentation

4.1. Geography segmentation

5 Market Outlook

5.1. Market value forecast
5.2. Market volume forecast

6 Five Forces Analysis

6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry

7 Competitive Landscape

7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the strengths/weaknesses of the leading players?
7.4. What are the main challengers to the incumbents?
7.5. How have leading players reacted to the COVID-19 pandemic?

8 Company Profiles

8.1. Barclays Bank Plc
8.2. Lloyds Bank Plc
8.3. TESCO Personal Finance Group Ltd
8.4. HSBC Holdings Plc
8.5. NatWest Group Plc

9 Macroeconomic Indicators

9.1. Country data

10 Appendix

10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher

List of Tables

Table 1: United Kingdom credit cards market value: $ billion, 2016-20
Table 2: United Kingdom credit cards market volume: million number of credit card transactions, 2016-20
Table 3: United Kingdom credit cards market geography segmentation: $ billion, 2020
Table 4: United Kingdom credit cards market value forecast: $ billion, 2020-25
Table 5: United Kingdom credit cards market volume forecast: million number of credit card transactions, 2020-25
Table 6: Barclays Bank Plc: key facts
Table 7: Barclays Bank Plc: Key Employees
Table 8: Lloyds Bank Plc: key facts
Table 9: Lloyds Bank Plc: Key Employees
Table 10: TESCO Personal Finance Group Ltd: key facts
Table 11: TESCO Personal Finance Group Ltd: Key Employees
Table 12: HSBC Holdings Plc: key facts
Table 13: HSBC Holdings Plc: Annual Financial Ratios
Table 14: HSBC Holdings Plc: Key Employees
Table 15: HSBC Holdings Plc: Key Employees Continued
Table 16: HSBC Holdings Plc: Key Employees Continued
Table 17: NatWest Group Plc: key facts
Table 18: NatWest Group Plc: Annual Financial Ratios
Table 19: NatWest Group Plc: Key Employees
Table 20: United Kingdom size of population (million), 2016-20
Table 21: United Kingdom GDP (constant 2005 prices, $ billion), 2016-20
Table 22: United Kingdom GDP (current prices, $ billion), 2016-20
Table 23: United Kingdom inflation, 2016-20
Table 24: United Kingdom consumer price index (absolute), 2016-20
Table 25: United Kingdom exchange rate, 2016-20

List of Figures

Figure 1: United Kingdom credit cards market value: $ billion, 2016-20
Figure 2: United Kingdom credit cards market volume: million number of credit card transactions, 2016-20
Figure 3: United Kingdom credit cards market geography segmentation: % share, by value, 2020
Figure 4: United Kingdom credit cards market value forecast: $ billion, 2020-25
Figure 5: United Kingdom credit cards market volume forecast: million number of credit card transactions, 2020-25
Figure 6: Forces driving competition in the credit cards market in the United Kingdom, 2020
Figure 7: Drivers of buyer power in the credit cards market in the United Kingdom, 2020
Figure 8: Drivers of supplier power in the credit cards market in the United Kingdom, 2020
Figure 9: Factors influencing the likelihood of new entrants in the credit cards market in the United Kingdom, 2020
Figure 10: Factors influencing the threat of substitutes in the credit cards market in the United Kingdom, 2020
Figure 11: Drivers of degree of rivalry in the credit cards market in the United Kingdom, 2020

Companies Mentioned

A selection of companies mentioned in this report includes:

Barclays Bank Plc
Lloyds Bank Plc
TESCO Personal Finance Group Ltd
HSBC Holdings Plc
NatWest Group Plc

What is the estimated value of the Credit Cards in the United Kingdom (UK) Market?

What is the growth rate of the Credit Cards in the United Kingdom (UK) Market?

What is the forecasted size of the Credit Cards in the United Kingdom (UK) Market?

Who are the key companies in the Credit Cards in the United Kingdom (UK) Market?

Table of Contents

Companies Mentioned

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