Global Credit Card Industry

Emerging Markets

Publication Date	December 2008
Publisher	RNCOS
Product Type	Report
Pages	65
ISBN Number	not applicable
Product Code	RCS00565

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Summary

Our new research report Global Credit Card Industry - Emerging Markets states that with changing consumer spending patterns the credit card market in emerging economies has expanded rapidly in recent years. For instance between 2004 and 2007 the number of credit cards in Brazil and Mexico more than doubled while the number of cards in circulation in Poland tripled. Outstanding credit card debt in India tripled over the same period. In China growth in the number of credit cards averaged just over 23% from 2004 to 2007 and then surged to nearly 93% in the first half of 2008.

We strongly believe that this growth trend will continue in near future as well with a small deceleration in effect of global financial turmoil and credit squeeze. Bankers will also be a little more conscious while doing risk evaluation of credit card applicants. But the overall trend will remain positive.

The baseline for this optimistic future outlook is that governments in most of the emerging countries are encouraging credit cards usage to cut the operating cost and to avoid tax delinquencies. Consumers also prefer use of credit cards as they are safer to carry and provide credit facility as well. Beside this there are many other benefits like reward points and discounts by merchants as well as bankers which lure customers to shop by credit cards.

This report provides extensive research and in-depth analysis on the emerging credit card markets. It will help clients to analyze the leading-edge opportunities critical to the success of emerging credit card markets. Detailed data and analysis will help the players to navigate through the evolving credit card markets in the world.

Our research provides forecast on

Number of credit cards in China 2008 & 2012
Credit cards purchases in India 2008-09 to 2011-12
Credit cards spending in South Korea 2008-2012
Number of credit cards in Russia 2008-2012
Number of credit cards in Poland 2008-2012
Consumer spending via credit cards in Brazil 2008-2012
Number of credit cards in Mexico 2008-2012

Content

1. Analyst View
2. Emerging Credit Card Markets
- 2.1 China
  - 2.1.1 Market Attractions
  - 2.1.2 Market Performance
  - 2.1.3 Future Outlook
  - 2.1.4 Roadblocks
- 2.2 India
  - 2.2.1 Market Attractions
  - 2.2.2 Market Performance
  - 2.2.3 Future Outlook
  - 2.2.4 Roadblocks
- 2.3 South Korea
  - 2.3.1 Market Attractions
  - 2.3.2 Market Performance
  - 2.3.3 Future Outlook
  - 2.3.4 Roadblocks
- 2.4 Russia
  - 2.4.1 Market Attractions
  - 2.4.2 Market Performance
  - 2.4.3 Future Outlook
  - 2.4.4 Roadblocks
- 2.5 Poland
  - 2.5.1 Market Attractions
  - 2.5.2 Market Performance
  - 2.5.3 Future Outlook
  - 2.5.4 Roadblocks
- 2.6 Brazil
  - 2.6.1 Market Attractions
  - 2.6.2 Market Performance
  - 2.6.3 Future Outlook
  - 2.6.4 Roadblocks
- 2.7 Mexico
  - 2.7.1 Market Attractions
  - 2.7.2 Market Performance
  - 2.7.3 Future Outlook
  - 2.7.4 Roadblocks
List of Figures:
- Figure 2-1: China - Unemployment (%), 2003-2012
- Figure 2-2: China - Number of Credit Cards (in Million Units), Q1 2007 & Q1 2008
- Figure 2-3: China - Outstanding Balances on Credit Cards (in Million Yuan), 2002-H1 2007
- Figure 2-4: China - Credit Card Market by Player (%), 2007
- Figure 2-5: China - Share of Credit Cards in Bank Cards (%), Q1 2008
- Figure 2-6: China - Share of Bank Card Transactions in Retail Sales (%), Q1 2007 & Q1 2008
- Figure 2-7: China - Number ATMs & POS Terminals (in 000), 2006 & 2007
- Figure 2-8: China - Forecast for Number of Credit Cards (in Million Units), 2008 & 2012
- Figure 2-9: China - Credit Card Penetration by Tier (%), H1 2008
- Figure 2-10: India - Number of Internet Users (in 000), 2002-2007
- Figure 2-11: India - Number of Credit Cards (in Million Units), H1 2007 & H1 2008
- Figure 2-12: India - Share of Public & Private Sector Banks in Credit Card Issuance (%), H1 2008
- Figure 2-13: India - Number of Bank Card Transactions (in Million), 2004-05 to 2007-08
- Figure 2-14: India - Credit Card Transactions (in Crore Rs), 2004-05 to 2007-08
- Figure 2-15: India - Credit Card Transactions at POS Terminals (in Crore Rs), H1 2007 & H1 2008
- Figure 2-16: India - Forecast for Purchases by Credit Cards (in Crore Rs), 2008-09 to 2011-12
- Figure 2-17: South Korea - Credit Card Spending (in Trillion Won), 2006 & 2007
- Figure 2-18: South Korea - Daily Credit Card Spending (in Trillion Won), Q1 2007 & Q1 2008
- Figure 2-19: South Korea - Overseas Credit Card Spending (in Billion US$), 2005 & 2006
- Figure 2-20: South Korea - Number of Credit Delinquents (in Million), 2002-H1 2007
- Figure 2-21: South Korea - Forecast for Credit Card Spending (in Trillion Won), 2008-2012
- Figure 2-22: Russia - Number of Bank Cards (in Million), 2006- H1 2008
- Figure 2-23: Russia - Share of Credit Cards in Bank Cards (%), H1 2008
- Figure 2-24: Russia - Number of Credit Cards (in Million), 2006-H1 2008
- Figure 2-25: Russia - Credit Card Market (in Billion US$), H1 2008 & 2008
- Figure 2-26: Russia - Credit Card Market by Player (%), Q1 2008
- Figure 2-27: Russia - Number of ATMs w.r.t. Europe and US (per Million Population), Aug 2007
- Figure 2-28: Russia - Forecast for Number of Credit Cards (in Million Units), 2008-2012
- Figure 2-29: Poland - Number of Bankable Households (in Million), 2002-2007
- Figure 2-30: Poland - Consumer Expenditure (in Billion US$), 2002-2007
- Figure 2-31: Poland - Number of Credit Cards (in Million), 2002- H1 2008
- Figure 2-32: Poland - Credit Card Transactions (in Billion PLN), 2002-2007
- Figure 2-33: Poland - Credit Card Market by Player (%), H1 2008
- Figure 2-34: Poland - Share of Credit Card Debt in Household Debt (%), H1 2008
- Figure 2-35: Poland - Number of ATMs (2002-H1 2008)
- Figure 2-36: Poland - Forecast for Number of Credit Cards (in Million), 2008-2012
- Figure 2-37: Brazil - Consumer Spending through Bank Cards (in Billion Real), Q1 2007 & Q1 2008
- Figure 2-38: Brazil - Share of Credit Cards in Spending through Plastic Money (%), Q1 2008
- Figure 2-39: Brazil - Number of Credit Cards (in Million), 2001-2006 & 2008
- Figure 2-40: Brazil - Forecast for Consumer Spending through Credit Cards (in Billion Real), 2008-2012
- Figure 2-41: Mexico - Number of Credit Cards Issued* & Credit Card Accounts** (in Million), 2007 & Q2 2008
- Figure 2-42: Mexico - Number of Used Credit Cards (in Million), 2007 & Q2 2008
- Figure 2-43: Mexico - Purchases by Credit Cards (in Billion US$), Q1 2007 & Q1 2008
- Figure 2-44: Mexico - Number of ATMs (in 000), 2007 & Q2 2008
- Figure 2-45: Mexico - ATM Transactions by Debit & Credit Cards (%), Q2 2008
- Figure 2-46: Mexico - Number of POS Terminals (in 000), Q4 2007 & Q2 2008
- Figure 2-47: Mexico - POS Transactions by Debit & Credit Cards (%), Q2 2008
- Figure 2-48: Mexico - Forecast for Number of Credit Cards (in Million Units), 2008-2012
List of Tables:
- Table 2-1: South Korea - Probability of Choice for Payment Instruments by Age Group (%)