Credit Cards in Germany

Credit Cards in Germany

Summary

Credit Cards in Germany industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • A credit card is a financial product provided by a bank or financial institution that enables the cardholder to borrow money up to an established credit limit for making purchases or withdrawing cash. The cardholder must repay the borrowed amount, either in full or over time, with interest and fees applied if the balance is not settled by the due date. The market scope covers the consumer credit cards market.
  • The German credit cards sector recorded balances outstanding of $12.8 billion in 2023, representing a compound annual growth rate (CAGR) of 5.6% between 2018 and 2023.
  • Sector consumption volume increased with a CAGR of 2.9% between 2018 and 2023, to reach a total of 0.2 billion number of credit card transactions in 2023.
  • The German credit card sector has experienced significant growth in 2023, driven by various factors. Key contributors to this expansion include a strong and growing economy, increasing consumer spending, and attractive reward programs. According to the Organisation for Economic Co-operation and Development (OECD), the consumer confidence index in France reached 98.4 in August 2023, up from 96.9 in August 2022.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the credit cards market in Germany
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the credit cards market in Germany
  • Leading company profiles reveal details of key credit cards market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Germany credit cards market with five year forecasts
Reasons to Buy
  • What was the size of the Germany credit cards market by value in 2023?
  • What will be the size of the Germany credit cards market in 2028?
  • What factors are affecting the strength of competition in the Germany credit cards market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Germany's credit cards market?


1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Geography segmentation
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
3.2. Market volume
4 Market Segmentation
4.1. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume 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. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What have been the most recent market developments?
8 Company Profiles
8.1. Deutsche Bank AG
8.2. Landesbank Baden-Wurttemberg
8.3. Commerzbank AG
8.4. DZ Bank AG
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Germany credit cards market value: $ billion, 2018-23
Table 2: Germany credit cards market volume: million number of credit card transactions, 2018-23
Table 3: Germany credit cards market geography segmentation: $ billion, 2023
Table 4: Germany credit cards market value forecast: $ billion, 2023-28
Table 5: Germany credit cards market volume forecast: million number of credit card transactions, 2023-28
Table 6: Deutsche Bank AG: Key Facts
Table 7: Deutsche Bank AG: Annual Financial Ratios
Table 8: Deutsche Bank AG: Key Employees
Table 9: Deutsche Bank AG: Key Employees Continued
Table 10: Landesbank Baden-Wurttemberg: Key Facts
Table 11: Landesbank Baden-Wurttemberg: Key Employees
Table 12: Landesbank Baden-Wurttemberg: Key Employees Continued
Table 13: Commerzbank AG: Key Facts
Table 14: Commerzbank AG: Annual Financial Ratios
Table 15: Commerzbank AG: Key Employees
Table 16: DZ Bank AG: Key Facts
Table 17: DZ Bank AG: Key Employees
Table 18: Germany Size of Population (million), 2019-23
Table 19: Germany Real GDP (Constant 2010 Prices, $ Billion), 2019-23
Table 20: Germany GDP (Current Prices, $ Billion), 2019-23
Table 21: Germany Inflation, 2019-23
Table 22: Germany Consumer Price Index (Absolute), 2019-23
Table 23: Germany Exchange Rate, 2018-23
List of Figures
Figure 1: Germany credit cards market value: $ billion, 2018-23
Figure 2: Germany credit cards market volume: million number of credit card transactions, 2018-23
Figure 3: Germany credit cards market geography segmentation: % share, by value, 2023
Figure 4: Germany credit cards market value forecast: $ billion, 2023-28
Figure 5: Germany credit cards market volume forecast: million number of credit card transactions, 2023-28
Figure 6: Forces driving competition in the credit cards market in Germany, 2023
Figure 7: Drivers of buyer power in the credit cards market in Germany, 2023
Figure 8: Drivers of supplier power in the credit cards market in Germany, 2023
Figure 9: Factors influencing the likelihood of new entrants in the credit cards market in Germany, 2023
Figure 10: Factors influencing the threat of substitutes in the credit cards market in Germany, 2023
Figure 11: Drivers of degree of rivalry in the credit cards market in Germany, 2023

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