Banks in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Banking industry involves the activities of banks and similar institutions that offer financial services such as savings, loans, mortgages, and related services to businesses and consumers. Market value represents the total assets held by banks or related institutions in a country in a year. The market share represents the total asset held by the companies in the specific year. Geographical segmentation measures the total assets held by commercial banks of a particular region.
- The Asia-Pacific banking industry recorded assets of $96.21 trillion in 2024, representing a compound annual growth rate (CAGR) of 6.9% between 2019 and 2024.
- The bank credit segment accounted for the industry's largest proportion in 2024, with total assets of $38.35 trillion, equivalent to 39.9% of the industry's overall value.
- The Asia-Pacific banking industry grew by 4.8% in 2024, primarily driven by the decline in bank lending rates, which reduces borrowing costs and encourages greater credit uptake. Lower lending rates stimulate demand for personal and business loans, leading to an expansion in the bank credit segment, which directly increases the total assets held by banks. According to the People’s Bank of China (PBoC), the one-year loan prime rate (LPR) was reduced to 3.1% in December 2024, down from 3.45% in December 2023, facilitating broader access to credit.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the banks market in Asia-Pacific
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the banks market in Asia-Pacific
- 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 Asia-Pacific banks market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the Asia-Pacific banks market by value in 2024?
- What will be the size of the Asia-Pacific banks market in 2029?
- What factors are affecting the strength of competition in the Asia-Pacific banks market?
- How has the market performed over the last five years?
- Who are the top competitors in Asia-Pacific's banks market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Industrial and Commercial Bank of China Ltd
- Agricultural Bank of China Ltd
- China Construction Bank Corp
- Bank of China Ltd
