Consumer Credit in Spain

Consumer Credit in Spain


Buy now pay later (BNPL) continues to grow in popularity, particularly among young adults, and there is a notable shift to BNPL loans. A significant number of financial services providers have launched their own BNPL programmes, including Banco Santander, CaixaBank and BBVA, as they encourage greater customer retention. Retailers like Media Markt, Decathlon, El Corte Inglés and H&M also now offer BNPL. However, the rise of BNPL is impacting demand for other personal lending. Overdrafts and payda...

Euromonitor International's Consumer Credit in Spain report establishes the size and structure of the market for ATMs cards, smart cards, credit cards, debit cards, charge cards, pre-paid cards and store cards. It looks at key players in the market (issuers and operators), number of cards in circulation, numbers transactions and value of transactions. It offers strategic analysis of sector forecasts and trends to watch.

Product coverage: Auto Lending, Card Lending, Durables Lending, Education Lending, Home Lending, Other Personal Lending.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
* Get a detailed picture of the Consumer Credit market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.


Consumer Credit in Spain
Euromonitor International
November 2023
List Of Contents And Tables
CONSUMER CREDIT IN SPAIN
KEY DATA FINDINGS
2023 DEVELOPMENTS
Financial institutions use BNPL to retain customers
Value of new consumer credit continues to grow due to higher cost of credit
Education lending remains underdeveloped
PROSPECTS AND OPPORTUNITIES
Uncertain economic situation to result in contraction of consumer credit
BNPL to support growth in card lending and other personal lending
Consumer credit goes online
CATEGORY DATA
Table 1 Consumer Credit: Outstanding Balance by Category: Value 2018-2023
Table 2 Consumer Credit: Outstanding Balance by Category: % Value Growth 2018-2023
Table 3 Consumer Credit: Gross Lending by Category: Value 2018-2023
Table 4 Consumer Credit: Gross Lending by Category: % Value Growth 2018-2023
Table 5 Forecast Consumer Credit: Outstanding Balance by Category: Value 2023-2028
Table 6 Forecast Consumer Credit: Outstanding Balance by Category: % Value Growth 2023-2028
Table 7 Forecast Consumer Credit: Gross Lending by Category: Value 2023-2028
Table 8 Forecast Consumer Credit: Gross Lending by Category: % Value Growth 2023-2028
CONSUMER LENDING IN SPAIN
EXECUTIVE SUMMARY
Consumer lending in 2023: The big picture
2023 key trends
Outstanding balance of mortgages declines
BNPL the preferred option of Gen Z
What next for consumer lending?
MARKET DATA
Table 9 Consumer Lending: Outstanding Balance by Category: Value 2018-2023
Table 10 Consumer Lending: Outstanding Balance by Category: % Value Growth 2018-2023
Table 11 Consumer Lending: Gross Lending by Category: Value 2018-2023
Table 12 Consumer Lending: Gross Lending by Category: % Value Growth 2018-2023
Table 13 Consumer Lending: Non-performing vs Other Loans Outstanding Balance: % Value 2018-2023
Table 14 Mortgages/Housing: Non-performing vs Other Loans Outstanding Balance: % Value 2018-2023
Table 15 Consumer Credit: Non-performing vs Other Loans Outstanding Balance: % Value 2018-2023
Table 16 Card Lending: Non-performing vs Other Loans Outstanding Balance: % Value 2018-2023
Table 17 Forecast Consumer Lending: Outstanding Balance by Category: Value 2023-2028
Table 18 Forecast Consumer Lending: Outstanding Balance by Category: % Value Growth 2023-2028
Table 19 Forecast Consumer Lending: Gross Lending by Category: Value 2023-2028
Table 20 Forecast Consumer Lending: Gross Lending by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
Summary 1 Research Sources

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