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United Kingdom (UK) Credit Cards - Market Summary, Competitive Analysis and Forecast, 2017-2026

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    Report

  • 46 Pages
  • March 2022
  • Region: United Kingdom
  • MarketLine
  • ID: 5573164
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Credit Cards in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-21, and forecast to 2026). 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 $76.7.1 billion in 2021, representing a compound annual rate of change (CARC) of -3.9% between 2016 and 2021
  • Sector consumption volumes declined with a CARC of -2.1% between 2016 and 2021, to reach a total of 3.1 billion credit card transactions in 2021
  • Decline came as a result of the COVID-19 pandemic in 2020, which caused a significant contraction in the UK economy

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 2021?
  • What will be the size of the United Kingdom credit cards market in 2026?
  • 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?

Table of Contents

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 Plc
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, 2017–21
Table 2: United Kingdom credit cards market volume: million number of credit card transactions, 2017–21
Table 3: United Kingdom credit cards market geography segmentation: $ billion, 2021
Table 4: United Kingdom credit cards market value forecast: $ billion, 2021–26
Table 5: United Kingdom credit cards market volume forecast: million number of credit card transactions, 2021–26
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 Plc: key facts
Table 11: TESCO Personal Finance Group Plc: 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: NatWest Group Plc: Key Employees Continued
Table 21: United Kingdom size of population (million), 2017–21
Table 22: United Kingdom gdp (constant 2005 prices, $ billion), 2017–21
Table 23: United Kingdom gdp (current prices, $ billion), 2017–21
Table 24: United Kingdom inflation, 2017–21
Table 25: United Kingdom consumer price index (absolute), 2017–21
Table 26: United Kingdom exchange rate, 2017–21
List of Figures
Figure 1: United Kingdom credit cards market value: $ billion, 2017–21
Figure 2: United Kingdom credit cards market volume: million number of credit card transactions, 2017–21
Figure 3: United Kingdom credit cards market geography segmentation: % share, by value, 2021
Figure 4: United Kingdom credit cards market value forecast: $ billion, 2021–26
Figure 5: United Kingdom credit cards market volume forecast: million number of credit card transactions, 2021–26
Figure 6: Forces driving competition in the credit cards market in the United Kingdom, 2021
Figure 7: Drivers of buyer power in the credit cards market in the United Kingdom, 2021
Figure 8: Drivers of supplier power in the credit cards market in the United Kingdom, 2021
Figure 9: Factors influencing the likelihood of new entrants in the credit cards market in the United Kingdom, 2021
Figure 10: Factors influencing the threat of substitutes in the credit cards market in the United Kingdom, 2021
Figure 11: Drivers of degree of rivalry in the credit cards market in the United Kingdom, 2021

Companies Mentioned

A selection of companies mentioned in this report includes:

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