Australia Banks Market Summary, Competitive Analysis and Forecast, 2017-2026

Banks in Australia 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 banks industry profile comprises activities of banks and similar institutions, offering savings, loans, mortgages, and related financial services to consumers and businesses.
The Australian banks industry had total assets of $4,018.5 billion in 2021, representing a compound annual growth rate (CAGR) of 5.1% between 2016 and 2021.
The bank credit segment was the industry's most successful in 2021, with total assets of $2,306.5 billion, equivalent to 57.4% of the industry's overall value.
Reduced interest rates in Australia during the pandemic has generated strong demand for housing by reducing the cost of a mortgage, stimulating activity in the residential finance segment of the banks industry.

Scope

Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the banks market in Australia
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the banks market in Australia
Leading company profiles reveal details of key banks market players’ global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the Australia banks market with five year forecasts

Reasons to Buy

What was the size of the Australia banks market by value in 2021?
What will be the size of the Australia banks market in 2026?
What factors are affecting the strength of competition in the Australia banks market?
How has the market performed over the last five years?
What are the main segments that make up Australia's banks market?

Frequently Asked Questions about the Australian Banks Market

What is the estimated value of the Australian Banks Market?

The Australian Banks Market was estimated to be valued at $4018.46 Billion in 2021.

What is the growth rate of the Australian Banks Market?

The growth rate of the Australian Banks Market is 4.8%, with an estimated value of $5097.87 Billion by 2026.

What is the forecasted size of the Australian Banks Market?

The Australian Banks Market is estimated to be worth $5097.87 Billion by 2026.

Who are the key companies in the Australian Banks Market?

Key companies in the Australian Banks Market include Australia and New Zealand Banking Group Ltd, Commonwealth Bank of Australia and Westpac Banking Corp.

Report Attribute	Details
No. of Pages	46
Published	March 2022
Forecast Period	2021 - 2026
Estimated Market Value ( USD ) in 2021	USD 4018.46 Billion
Forecasted Market Value ( USD ) by 2026	USD 5097.87 Billion
Compound Annual Growth Rate	4.8%
Regions Covered	Australia

1 Executive Summary

1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market share
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

4 Market Segmentation

4.1. Category segmentation
4.2. Geography segmentation

5 Market Outlook

5.1. Market value 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. Market share
7.2. Who are the leading players?
7.3. What are the strengths of leading players?
7.4. How are environmental and sustainable development goals influencing the industry?
7.5. How have industry players been affected by the COVID-19 pandemic?

8 Company Profiles

8.1. Australia and New Zealand Banking Group Ltd
8.2. Commonwealth Bank of Australia
8.3. National Australia Bank Ltd
8.4. Westpac Banking Corp

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: Australia banks industry value: $ billion, 2017-21
Table 2: Australia banks industry category segmentation: $ billion, 2021
Table 3: Australia banks industry geography segmentation: $ billion, 2021
Table 4: Australia banks industry value forecast: $ billion, 2021-26
Table 5: Australia banks industry share: % share, by value, 2021
Table 6: Australia and New Zealand Banking Group Ltd: key facts
Table 7: Australia and New Zealand Banking Group Ltd: Annual Financial Ratios
Table 8: Australia and New Zealand Banking Group Ltd: Key Employees
Table 9: Australia and New Zealand Banking Group Ltd: Key Employees Continued
Table 10: Commonwealth Bank of Australia: key facts
Table 11: Commonwealth Bank of Australia: Annual Financial Ratios
Table 12: Commonwealth Bank of Australia: Key Employees
Table 13: Commonwealth Bank of Australia: Key Employees Continued
Table 14: National Australia Bank Ltd: key facts
Table 15: National Australia Bank Ltd: Annual Financial Ratios
Table 16: National Australia Bank Ltd: Key Employees
Table 17: Westpac Banking Corp: key facts
Table 18: Westpac Banking Corp: Annual Financial Ratios
Table 19: Westpac Banking Corp: Key Employees
Table 20: Australia size of population (million), 2017-21
Table 21: Australia gdp (constant 2005 prices, $ billion), 2017-21
Table 22: Australia gdp (current prices, $ billion), 2017-21
Table 23: Australia inflation, 2017-21
Table 24: Australia consumer price index (absolute), 2017-21
Table 25: Australia exchange rate, 2017-21

List of Figures

Figure 1: Australia banks industry value: $ billion, 2017-21
Figure 2: Australia banks industry category segmentation: % share, by value, 2021
Figure 3: Australia banks industry geography segmentation: % share, by value, 2021
Figure 4: Australia banks industry value forecast: $ billion, 2021-26
Figure 5: Forces driving competition in the banks industry in Australia, 2021
Figure 6: Drivers of buyer power in the banks industry in Australia, 2021
Figure 7: Drivers of supplier power in the banks industry in Australia, 2021
Figure 8: Factors influencing the likelihood of new entrants in the banks industry in Australia, 2021
Figure 9: Factors influencing the threat of substitutes in the banks industry in Australia, 2021
Figure 10: Drivers of degree of rivalry in the banks industry in Australia, 2021
Figure 11: Australia banks industry share: % share, by value, 2021