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

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?

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