New Zealand Banks Market Summary, Competitive Analysis and Forecast to 2027
Summary
Banks in New Zealand industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The banks industry profile comprises activities of banks and similar institutions, offering savings, loans, mortgages, and related financial services to consumers and businesses.
- The New Zealand banks industry group had total assets of $439.2 billion in 2022, representing a compound annual growth rate (CAGR) of 6.2% between 2017 and 2022.
- The bank credit segment accounted for the industry group's largest proportion in 2022, with total assets of $392.6 billion, equivalent to 89.4% of the industry group's overall value.
- According to the OECD, the long-term interest rates of New Zealand banks had increased steadily during the historic period, from 2.8% per annum in December 2017 to 4.1% per annum in January 2023.
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the banks market in New Zealand
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the banks market in New Zealand
- 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 New Zealand banks market with five year forecasts by both value and volume
- What was the size of the New Zealand banks market by value in 2022?
- What will be the size of the New Zealand banks market in 2027?
- What factors are affecting the strength of competition in the New Zealand banks market?
- How has the market performed over the last five years?
- How large is New Zealand’s banks market in relation to its regional counterparts?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value 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 are the strengths of the leading players?
- 7.4. What have been the recent M&A activities?
- 8 Company Profiles
- 8.1. Westpac New Zealand Ltd
- 8.2. ASB Bank Ltd
- 8.3. Bank of New Zealand
- 8.4. ANZ Group Holdings Ltd
- 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: New Zealand banks industry value: $ billion, 2017–22
- Table 2: New Zealand banks industry category segmentation: % share, by value, 2017–2022
- Table 3: New Zealand banks industry category segmentation: $ billion, 2017-2022
- Table 4: New Zealand banks industry geography segmentation: $ billion, 2022
- Table 5: New Zealand banks industry value forecast: $ billion, 2022–27
- Table 6: Westpac New Zealand Ltd: key facts
- Table 7: Westpac New Zealand Ltd: Key Employees
- Table 8: ASB Bank Ltd: key facts
- Table 9: ASB Bank Ltd: Key Employees
- Table 10: Bank of New Zealand: key facts
- Table 11: Bank of New Zealand: Key Employees
- Table 12: ANZ Group Holdings Ltd: key facts
- Table 13: ANZ Group Holdings Ltd: Annual Financial Ratios
- Table 14: ANZ Group Holdings Ltd: Key Employees
- Table 15: ANZ Group Holdings Ltd: Key Employees Continued
- Table 16: New Zealand size of population (million), 2018–22
- Table 17: New Zealand gdp (constant 2005 prices, $ billion), 2018–22
- Table 18: New Zealand gdp (current prices, $ billion), 2018–22
- Table 19: New Zealand inflation, 2018–22
- Table 20: New Zealand consumer price index (absolute), 2018–22
- Table 21: New Zealand exchange rate, 2018–22
- List of Figures
- Figure 1: New Zealand banks industry value: $ billion, 2017–22
- Figure 2: New Zealand banks industry category segmentation: $ billion, 2017-2022
- Figure 3: New Zealand banks industry geography segmentation: % share, by value, 2022
- Figure 4: New Zealand banks industry value forecast: $ billion, 2022–27
- Figure 5: Forces driving competition in the banks industry in New Zealand, 2022
- Figure 6: Drivers of buyer power in the banks industry in New Zealand, 2022
- Figure 7: Drivers of supplier power in the banks industry in New Zealand, 2022
- Figure 8: Factors influencing the likelihood of new entrants in the banks industry in New Zealand, 2022
- Figure 9: Factors influencing the threat of substitutes in the banks industry in New Zealand, 2022
- Figure 10: Drivers of degree of rivalry in the banks industry in New Zealand, 2022
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