Global Credit Cards Market Growth (Status and Outlook) 2024-2030

Global Credit Cards Market Growth (Status and Outlook) 2024-2030

A credit card is a payment card, usually issued by a bank, allowing its users to purchase goods or services or withdraw cash on credit. Using the card thus accrues debt that has to be repaid later. Credit cards are one of the most widely used forms of payment across the world.

The global Credit Cards market size is projected to grow from US$ 1373880 million in 2024 to US$ 1803270 million in 2030; it is expected to grow at a CAGR of 4.6% from 2024 to 2030.

LPI (LP Information)' newest research report, the “Credit Cards Industry Forecast” looks at past sales and reviews total world Credit Cards sales in 2022, providing a comprehensive analysis by region and market sector of projected Credit Cards sales for 2023 through 2029. With Credit Cards sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Credit Cards industry.

This Insight Report provides a comprehensive analysis of the global Credit Cards landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Credit Cards portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Credit Cards market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Credit Cards and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Credit Cards.

Global core manufacturers of Credit Cards include JPMorgan, Citibank, Bank of America, Wells Fargo and Capital One. Asia-Pacific is the largest consumption region, accounting for approximately 36% of the global market. In terms of type, personal credit card is the largest market segment, with a share of more than 83%. In terms of application, the largest application is daily consumption, with a share of approximately 51%.

This report presents a comprehensive overview, market shares, and growth opportunities of Credit Cards market by product type, application, key players and key regions and countries.

Segmentation by Type:
Personal Credit Card
Corporate Credit Card

Segmentation by Application:
Daily Consumption
Travel
Entertainment
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

Segmentation by Type:
Personal Credit Card
Corporate Credit Card

Segmentation by Application:
Daily Consumption
Travel
Entertainment
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
JPMorgan
Citibank
Bank of America
Wells Fargo
Capital One
American Express
HSBC
Sumitomo Mitsui Banking Corporation
BNP Paribas
State Bank of India
Sberbank
MUFG Bank
Itau Unibanco
Commonwealth Bank
Credit Agricole
Deutsche Bank
Hyundai Card
Al-Rajhi Bank
Standard Bank
Hang Seng Bank
Bank of East Asia
China Merchants Bank
ICBC
China Construction Bank (CCB)
Agricultural Bank of China (ABC)
Ping An Bank
Bank of China

Please note: The report will take approximately 2 business days to prepare and deliver.