Wednesday, 16 October 2013

MarketResearchReports.com: Reinsurance in France, Key Trends and Opportunities to 2017, New Report Launched

Reinsurance in France, Key Trends and Opportunities to 2017
France has a large and well-developed domestic reinsurance segment, with the reinsurance premium valued at EUR16.4 billion (US$21.0 billion) in 2012. There were 19 reinsurers operating in France at the end of 2011. International reinsurers such as Munich Re, Swiss Re and Berkshire Hathaway dominated the segment. Despite slow growth in the insurance industry, the reinsurance segment increased at a review-period CAGR of 4.9%.

The report provides in depth market analysis, information and insights into the French reinsurance segment, including:
  • The French reinsurance segment's growth prospects by reinsurance categories
  • Key trends and drivers for the reinsurance segment
  • The French reinsurance segment’s growth prospects by reinsurance ceded from direct insurance segments
  • The competitive landscape in the French reinsurance segment

Scope
This report provides a comprehensive analysis of the reinsurance segment in France:
  • It provides historical values for France’s reinsurance segment for the report’s 2008–2012 review period and forecast figures for the 2012–2017 forecast period
  • It offers a detailed analysis of the key sub-segments in France’s reinsurance segment, along with market forecasts until 2017
  • It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in France and its growth prospects

Reasons To Buy
  • Make strategic business decisions using in depth historic and forecast market data related to the French reinsurance segment and each sector within it
  • Understand the demand-side dynamics, key market trends and growth opportunities within the French reinsurance segment
  • Identify the growth opportunities and market dynamics within key product categories
  • Gain insights into key regulations governing the French insurance industry and its impact on companies and the market's future

Key Highlights
  • The majority of reinsurance revenues are generated from the non-life segment, as non-life insurers ceded an average of 23.7% of their written premium during the review period
  • In terms of category, treaty reinsurance accounted for 93.9% of the reinsurance premiums in 2012
  • Munich Re remained the leading company with a 15.0% share of the total reinsurance premiums in 2011, followed by Swiss Re with 10.1% and Berkshire Hathaway with 7.7%
  • The occurrence of natural disasters intensified the dependency of insurance companies on reinsurers and is likely to increase the costs of renewal

Spanning over 77 pages, 26 table and 47 figures, “Reinsurance in France, Key Trends and Opportunities to 2017” report provides information on market overview, drivers and challenge, competition and key trends. For more information visit: http://www.marketresearchreports.com/timetric/reinsurance-france-key-trends-and-opportunities-2017

In addition to covering the French Insurance Industry Attractiveness, Key Industry Trends and Drivers, Competitive Landscape and Strategic Insights, Business Environment and Country Risk. The report covers 6 companies -  Scor Re, Munich Re, Swiss Re, Hannover Re, Lloyd’s France, RGA France.

Find all Banking and Finance reports under a single page

Tuesday, 15 October 2013

MarketResearchReports.com: Personal Accident and Health Insurance in France, Key Trends and Opportunities to 2017, New Report Launched

Personal Accident and Health Insurance in France, Key Trends and Opportunities to 2017
The personal accident and health insurance segment accounted for the lowest market share 10% of the French insurance industry in 2012. However, in terms of gross written premium, the segment registered strong growth and posted a review-period CAGR of 2.9%. The travel and healthcare insurance categories benefited from France’s increasing ageing population, increasing healthcare expenditure, and growth in the number of inbound and outbound travelers.

The report provides in depth market analysis, information and insights into the French personal accident and health insurance segment, including:
  • The French personal accident and health insurance segment’s growth prospects by insurance categories
  • Key trends and drivers for the personal accident and health insurance segment
  • The various distribution channels in the French personal accident and health insurance segment
  • Detailed competitive landscape in the personal accident and health insurance segment in France
  • A description of the personal accident and health reinsurance segment in France
  • Porter's Five Forces Analysis of the personal accident and health insurance segment
  • Benchmarking section on the French personal accident and health insurance segment in comparison to other countries in the category of US$20-30 billion of total gross written premiums


Scope
This report provides a comprehensive analysis of the personal accident and health insurance segment in France:
  • It provides historical values for France's personal accident and health insurance segment for the report’s 2008–2012 review period and forecast figures for the 2012–2017 forecast period
  • It offers a detailed analysis of the key sub-segments in France's personal accident and health insurance segment, along with market forecasts until 2017
  • It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions
  • It analyses the various distribution channels for personal accident and health insurance products in France
  • Using Porter’s industry-standard “Five Forces” analysis, it details the competitive landscape in France for the personal accident and health insurance segment
  • It provides a detailed analysis of the reinsurance segment in France and its growth prospects
  • It profiles the top personal accident and health insurance companies in France and outlines the key regulations affecting them


Reasons To Buy
  • Make strategic business decisions using in depth historic and forecast market data related to the French personal accident and health insurance segment and each category within it
  • Understand the demand-side dynamics, key market trends and growth opportunities within the French personal accident and health insurance segment
  • Assess the competitive dynamics in the personal accident and health insurance segment, along with the reinsurance segment
  • Identify the growth opportunities and market dynamics within key product categories
  • Gain insights into key regulations governing the French insurance segment and its impact on companies and the market's future


Key Highlights
  • The personal accident insurance category grew in written premium value at a review-period CAGR of 4.1% during the review period
  • In France, healthcare coverage is provided through the government’s social health insurance (NHI) scheme
  • The personal accident and health segment remained resilient to the economic downturn and recorded higher growth in written premium as compared to life and non-life segments
  • Health insurance was the dominant category in the personal accident and health segment during the review period, accounting for 50.9% of the total written premium value in 2012
  • Agencies was the leading distribution channel for personal accident and health insurance products during the review period
  • Emphasis on providing high-quality healthcare at an affordable price and changing demographics will drive the growth over the forecast period


Spanning over 201 pages, 118 table and 152 figures, “Personal Accident and Health Insurance in France, Key Trends and Opportunities to 2017” report provides information on market overview, drivers and challenge, competition and key trends.

In addition to covering the Regional Market Dynamics, Personal Accident and Health Insurance Segment, French Insurance Industry Attractiveness, Personal Accident and Health Insurance Segment Outlook, Analysis by Distribution Channels, Porter’s Five Forces Analysis – French Personal Accident and Health Insurance Segment, Reinsurance Growth Dynamics and Challenges, Regulatory Policies, Competitive Landscape and Strategic Insights, Business Environment and Country Risk. The report covers 8 companies – Istya Group, Harmonie Mutuelle, Groupama SA, Humanis, Allianz France SA, Pro BTP, AG2R La Mondiale, Swiss Life.


Find all CountryOverview (Banking & Finance) reports under a single page

MarketResearchReports.com: Non-Life Insurance in France, Key Trends and Opportunities to 2017, New Report Launched

Non-Life Insurance in France, Key Trends and Opportunities to 2017
Non-life insurance accounted for 24.5% of the French insurance industry’s written premium  in 2012, making it the second segment in the industry after life insurance segments, which accounted for 65.5% of overall written premiums in 2012. The segment grew in written premium value from EUR43.7 billion (US$64.3 billion) in 2008 to EUR47.5 billion (US$61.1 billion) in 2012, at a review-period CAGR of 2.1%.

The report provides in depth market analysis, information and insights into the French non-life insurance segment, including:
  • The French non-life insurance segment’s growth prospects by non-life insurance categories
  • Key trends and drivers for the non-life insurance segment
  • The various distribution channels in the French non-life insurance segment
  • Detailed competitive landscape in the non-life insurance segment in France
  • Detailed regulatory framework of the French insurance industry
  • A description of the non-life reinsurance segment in France
  • Porter's Five Forces Analysis of the non-life insurance segment
  • Benchmarking section on the French non-life insurance segment in comparison to other countries in the category of US$60-100 billion of total gross written premiums

                  
Scope
  • This report provides a comprehensive analysis of the non-life insurance segment in France:
  • It provides historical values for France’s non-life insurance segment for the report’s 2008–2012 review period and forecast figures for the 2012–2017 forecast period
  • It offers a detailed analysis of the key sub-segments in France’s non-life insurance segment, along with market forecasts until 2017
  • It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions
  • It analyses the various distribution channels for non-life insurance products in France
  • Using Porter’s industry-standard “Five Forces” analysis, it details the competitive landscape in France for the non-life insurance segment
  • It provides a detailed analysis of the reinsurance segment in France and its growth prospects
  • It profiles the top non-life insurance companies in France and outlines the key regulations affecting them


Reasons To Buy
  • Make strategic business decisions using in depth historic and forecast market data related to the French non-life insurance segment and each category within it
  • Understand the demand-side dynamics, key market trends and growth opportunities within the French non-life insurance segment
  • Assess the competitive dynamics in the non-life insurance segment, along with the reinsurance segment
  • Identify the growth opportunities and market dynamics within key product categories
  • Gain insights into key regulations governing the French insurance industry and its impact on companies and the market's future


Key Highlights
  • Expansion in the gross written premiums of the French non-life segment is mainly attributed to increased rates for certain lines of business, especially personal lines such as individual motor and property insurance
  • Given the high competition and pressure on margins in the domestic industry, French non-life insurers are looking to expand outside the country to diversify risk and attain faster growth
  • Property insurance was the largest category in the non-life insurance segment during the review period, and accounted for 49.9% of the segment’s written premiums in 2012
  • Agencies accounted for the largest share of 34.5% of the industry’s total commission in 2012
  • The top nine companies together accounted for 92.7% of the total segment’s written premiums in 2012


Spanning over 250 pages, 178 table and 196 figures, “Non-Life Insurance in France, Key Trends and Opportunities to 2017” report provides information on market overview, drivers and challenge, competition and key trends.

In addition to covering the Regional Market Dynamics, Non-Life Insurance Segment, French Insurance Industry Attractiveness, Non-Life Insurance Outlook, Analysis by Distribution Channels, Porter’s Five Forces Analysis – French Non-Life Insurance, Reinsurance Growth Dynamics and Challenges, Regulatory Policies, Competitive Landscape and Strategic Insights, Business Environment and Country Risk. The report covers 9 companies - Covéa Mutual Insurance Group Company, Groupama SA, Sferen (MACIF, MAIF and MATMUT), Axa France, Allianz France SA, Generali France SA, Groupe Crédit Agricole Assurance, BNP Paribas Cardif, Societe Generale Insurance.



Find all Bankingand Finance reports under a single page

MarketResearchReports.com: Life Insurance in France, Key Trends and Opportunities to 2017, New Report Launched

Life Insurance in France, Key Trends and Opportunities to 2017
The French life insurance segment accounted for 65.5% of the industry’s gross written premium in 2012. During the review period, turbulent financial and economic conditions adversely affected the segment’s performance. The segment posted a CAGR of 0.9%, with gross written premium expanding from EUR122.4 billion in 2008 to EUR127.0 billion in 2012. The segment’s penetration rate remained stable at 6.3% in 2012. Pension products were the leading French review-period life insurance product category. Pension policies accounted for 82.3% of the segment’s premiums in 2012. Bancassurance dominated the life insurance distribution network. The channel accounted for an average share of 60.6% of the total review-period life insurance commission paid.

The report provides in depth market analysis, information and insights into the French life insurance segment, including:

  • The French life insurance segment’s growth prospects by life insurance categories
  • Key trends and drivers for the life insurance segment
  • The various distribution channels in the French life insurance segment
  • Detailed competitive landscape in the life insurance segment in France
  • Detailed regulatory framework of the French insurance industry
  • A description of the life reinsurance segment in France
  • Porter's Five Forces Analysis of the life insurance segment
  • Benchmarking section on the French life insurance segment in comparison to other countries in the category of US$150-200 billion of total gross written premiums


Scope -
This report provides a comprehensive analysis of the life insurance segment in France:

  • It provides historical values for France's life insurance segment for the report’s 2008–2012 review period and forecast figures for the 2012–2017 forecast period
  • It offers a detailed analysis of the key sub-segments in France's life insurance segment, along with market forecasts until 2017
  • It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions
  • It analyses the various distribution channels for life insurance products in France
  • Using Porter’s industry-standard “Five Forces” analysis, it details the competitive landscape in France for the life insurance business
  • It provides a detailed analysis of the reinsurance segment in France and its growth prospects
  • It profiles the top life insurance companies in France and outlines the key regulations affecting them


Reasons To Buy -
  • Make strategic business decisions using in depth historic and forecast market data related to the French life insurance segment and each category within it.
  • Understand the demand-side dynamics, key market trends and growth opportunities within the French  life insurance segment.
  • Assess the competitive dynamics in the life insurance segment, along with the reinsurance segment.
  • Identify the growth opportunities and market dynamics within key product categories.
  • Gain insights into key regulations governing the French insurance industry and its impact on companies and the market's future.


Key Highlights -
  • The French life segment’s industry share increased during the review period from 65.5% in 2008 to 65.7% in 2012.
  • Reform introduced in the Insurance Code of France by the Ministry of Economy and Finance will allow insurance companies to lend directly to non-listed companies, such as small and medium size enterprise (SME), which will have positive impact on diversification of investment income.
  • In order to diversify risk and attain faster growth, French insurers are going for mergers and acquisitions in overseas markets. French insurers are focusing of emerging markets such as Africa for growth and expansion of business.
  • France has one of the fastest-aging populations in the EU, which will create growth opportunities for the life segment over the forecast period.
  • France’s life insurance segment is highly concentrated with the ten leading insurers accounting for 86.1% of the segment’s total gross written premium in 2012.


Spanning over 233 pages, 154 table and 185 figures, “Life Insurance in France, Key Trends and Opportunities to 2017” report provides information on market overview, drivers and challenge, competition and key trends. For more information visit: http://www.marketresearchreports.com/timetric/life-insurance-france-key-trends-and-opportunities-2017

In addition to covering the Regional Market Dynamics, Life Insurance Segment, French Insurance Industry Attractiveness, Life Insurance Outlook, Analysis by Distribution Channel, Porter’s Five Forces Analysis – French Life Insurance, Reinsurance Growth Dynamics and Challenges, Regulatory Policies, Competitive Landscape and Strategic Insights, Business Environment and Country Risk. The report covers 10 companies - CNP Assurances SA, Groupe Crédit Agricole Assurance, Axa France, BNP Paribas Cardif, Generali France SA, Societe Generale Insurance, Allianz France SA, Covéa Mutual Insurance Group, Groupama, Sferen.


Find all Insurance reports under a single page

MarketResearchReports.com: Reinsurance in Colombia, Key Trends and Opportunities to 2017, New Report Launched

Reinsurance in Colombia, Key Trends and Opportunities to 2017
Although the Colombian reinsurance segment registered strong growth at a CAGR of 34.9% during the review period (2008−2012), it is in its initial phases of development. Only foreign reinsurers currently operate in the country; multinational reinsurers, such as SCOR, Mapfre, Hannover and Munich Re have established operations but direct business through their representative offices and brokers. Swiss Re is in the process of establishing representative offices in Bogotá. In June 2013, the government permitted domestic companies to make reinsurance arrangements with international companies that were not operating or established within Colombia. By increasing insurance companies’ options, this will make the segment more competitive.

The report provides in depth market analysis, information and insights into the Colombian reinsurance segment, including:


  • The Colombian reinsurance segment's growth prospects by reinsurance categories
  • Key trends and drivers for the reinsurance segment
  • The Colombian reinsurance segment’s growth prospects by reinsurance ceded from direct insurance segments
  • The competitive landscape in the Colombian reinsurance segment
  • It provides historical values for Colombia’s reinsurance segment for the report’s 2008–2012 review period and forecast figures for the 2012–2017 forecast period
  • It offers a detailed analysis of the key sub-segments in Colombia’s reinsurance segment, along with market forecasts until 2017
  • It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in Colombia and its growth prospects
  • Make strategic business decisions using in depth historic and forecast market data related to the Colombian reinsurance segment and each sector within it.
  • Understand the demand-side dynamics, key market trends and growth opportunities within the Colombian reinsurance segment.
  • Identify the growth opportunities and market dynamics within key product categories.
  • Gain insights into key regulations governing the Colombian insurance industry and its impact on companies and the market's future.
  • The Colombian reinsurance segment registered strong growth at a CAGR of 34.9% during the review period (2008−2012)
  • The La Niña phenomenon caused over US$500 million worth of losses to the insurance industry in 2011, which adversely affected the reinsurance segment as industry losses were partially distributed among reinsurers
  • In June 2013, the government of Colombia allowed its domestic companies to make reinsurance arrangements with international companies not operating, or established in, Colombia. This is likely to make the reinsurance segment more competitive as it will provide insurers with more options
  • The Colombian reinsurance segment is highly competitive, as it contains leading multinational reinsurance companies


Scope-
This report provides a comprehensive analysis of the reinsurance segment in Colombia:
  • It provides historical values for Colombia’s reinsurance segment for the report’s 2008–2012 review period and forecast figures for the 2012–2017 forecast period
  • It offers a detailed analysis of the key sub-segments in Colombia’s reinsurance segment, along with market forecasts until 2017
  • It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in Colombia and its growth prospects


Reasons To Buy-
  • Make strategic business decisions using in depth historic and forecast market data related to the Colombian reinsurance segment and each sector within it.
  • Understand the demand-side dynamics, key market trends and growth opportunities within the Colombian reinsurance segment.
  • Identify the growth opportunities and market dynamics within key product categories.
  • Gain insights into key regulations governing the Colombian insurance industry and its impact on companies and the market's future.


Key Highlights-
  • The Colombian reinsurance segment registered strong growth at a CAGR of 34.9% during the review period (2008−2012)
  • The La Niña phenomenon caused over US$500 million worth of losses to the insurance industry in 2011, which adversely affected the reinsurance segment as industry losses were partially distributed among reinsurers
  • In June 2013, the government of Colombia allowed its domestic companies to make reinsurance arrangements with international companies not operating, or established in, Colombia. This is likely to make the reinsurance segment more competitive as it will provide insurers with more options
  • The Colombian reinsurance segment is highly competitive, as it contains leading multinational reinsur


Spanning over 77 pages, 24 table and 49 figures, “Reinsurance in Colombia, Key Trends and Opportunities to 2017” report provides information on market overview, drivers and challenge, competition and key trends. For more information visit: http://www.marketresearchreports.com/timetric/reinsurance-colombia-key-trends-and-opportunities-2017

In addition to covering the Colombian Insurance Industry Attractiveness, Reinsurance Growth Dynamics and Challenges, Key Industry Trends and Drivers, Competitive Landscape and Strategic Insights, Business Environment and Country Risk. The report covers 10 companies - SCOR Re, Mapfre Re, Hannover Rückversicherung AG, Münchener de Colombia SA.

Find all Country Overview (Banking & Finance) reports under a single page

MarketResearchReports.com: Personal Accident and Health Insurance in Colombia Key Trends and Opportunities to 2017, New Report Launched

Personal Accident and Health Insurance in Colombia, Key Trends and Opportunities to 2017
Rising numbers of outbound travelers, sustainable economic development, and regulatory changes had a positive impact on the overall growth of the Colombian personal accident and health insurance segment during the review period. The segment grew at a CAGR of 8.9%, to reach a value of COP1.4 trillion (US$0.8 billion) in 2012. Rising medical expenses and increased numbers of fatal road traffic accidents were other contributors to the growth. In 2013, a new healthcare bill was submitted to Colombia’s Senate Secretary to nationalize the country’s healthcare system. If approved, it is expected to generate significant business for health insurance. This, coupled with the projected positive economic trend, will support the growth of Colombian personal accident and health insurance over the forecast period. The segment’s written premium is projected to increase from COP1.4 trillion (US$0.8 billion) in 2012 to COP2.2 trillion (US$1.2 billion) in 2017, at a forecast-period CAGR of 9.3%.

The report provides in depth market analysis, information and insights into the Colombian personal accident and health insurance segment, including:
  • The Colombian personal accident and health insurance segment’s growth prospects by insurance - categories
  • Key trends and drivers for the personal accident and health insurance segment
  • The various distribution channels in the Colombian personal accident and health insurance segment
  • Detailed competitive landscape in the personal accident and health insurance segment in Colombia
  • A description of the personal accident and health reinsurance segment in Colombia
  • Porter's Five Forces Analysis of the personal accident and health insurance segment
  • Benchmarking section on the Colombian personal accident and health insurance segment in comparison to other countries  in Central and Latin America


Scope
This report provides a comprehensive analysis of the personal accident and health insurance segment in Colombia:
  • It provides historical values for Colombia's personal accident and health insurance segment for the report’s 2008–2012 review period and forecast figures for the 2012–2017 forecast period
  • It offers a detailed analysis of the key sub-segments in Colombia's personal accident and health insurance segment, along with market forecasts until 2017
  • It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions
  • It analyses the various distribution channels for personal accident and health insurance products in Colombia
  • Using Porter’s industry-standard “Five Forces” analysis, it details the competitive landscape in Colombia for the personal accident and health insurance segment
  • It provides a detailed analysis of the reinsurance segment in Colombia and its growth prospects
  • It profiles the top personal accident and health insurance companies in Colombia and outlines the key regulations affecting them


Reasons To Buy
  • Make strategic business decisions using in depth historic and forecast market data related to the -Colombian personal accident and health insurance segment and each category within it
  • Understand the demand-side dynamics, key market trends and growth opportunities within the Colombian personal accident and health insurance segment
  • Assess the competitive dynamics in the personal accident and health insurance segment, along with the reinsurance segment
  • Identify the growth opportunities and market dynamics within key product categories
  • Gain insights into key regulations governing the Colombian insurance segment and its impact on companies and the market's future


Key Highlights
  • The segment grew at a CAGR of 8.9%, to reach a value of COP1.4 trillion (US$0.8 billion) in 2012
  • In 2013, a new healthcare bill was submitted to Colombia’s Senate Secretary to nationalize the country’s healthcare system. If approved, it is expected to generate significant business for health insurance
  • Colombia has one of the highest uninsured populations in Latin America
  • The insurance industry is regulated and governed by the Financial Superintendence of Colombia (SFC). It functions under the Ministry of Finance, with legal, administrative and financial autonomy
  • Colombia has a highly competitive personal accident and health insurance segment, which includes both domestic and foreign insurance companies


Spanning over 235 pages, 137 table and 171 figures, “Personal Accident and Health Insurance in Colombia, Key Trends and Opportunities to 2017” report provides information on market overview, drivers and challenge, competition and key trends. For more information visit: http://www.marketresearchreports.com/timetric/personal-accident-and-health-insurance-colombia-key-trends-and-opportunities-2017

In addition to covering the Regional Market Dynamics, Personal Accident and Health Insurance Segment - Regional Benchmarking, Colombian Insurance Industry Attractiveness, Personal Accident and Health Insurance Segment Outlook, Analysis by Distribution Channels, Porter's Five Forces Analysis -Personal Accident and Health Insurance, Reinsurance Growth Dynamics and Challenges, Governance, Risk and Compliance, Competitive Landscape and Strategic Insights, Business Environment and Country Risk. The report covers 10 companies- Suramericana de Seguros SA, ACE Seguros, AIG Colombia Seguros de Vida, Metlife Colombia Seguros de Vida SA, Seguros del Estado SA, Mapfre Colombia, Liberty Seguros Colombia, Solidaria, RSA, Cardif.

Find all Insurance reports under a single page


Other Reports;

1st- Non-Life Insurance in Colombia, Key Trends and Opportunities to 2017; Visit- http://www.marketresearchreports.com/timetric/non-life-insurance-colombia-key-trends-and-opportunities-2017

 2nd- Life Insurance in Colombia, Key Trends and Opportunities to 2017; Visit- http://www.marketresearchreports.com/timetric/life-insurance-colombia-key-trends-and-opportunities-2017

MarketResearchReports.com: Lithuania’s Debit and Credit cards category is projected to increase to 3.4 million and 419,642 cards respectively in 2017, Reveals New Report

MarketResearchReports.com: Lithuania’s Debit and Credit cards category is projected to increase to 3.4 million and 419,642 cards respectively in 2017, Reveals New Report
Lithuania’s card payments channel declined during the review period (2008−2012) for three primary reasons. Firstly, the economic slowdown that adversely affected the financial services sector. Secondly, payment cards are less popular in smaller towns and are seldom accepted in traditional marketplaces, and thirdly, many Lithuanians prefer to make payments with cash due to a fear of card fraud. Growing e-commerce, rising disposable income, changes in consumer spending habits and the recovery of outbound tourism will help the growth of the card payments channel over the forecast period (2013−2017).

The report provides market analysis, information and insights into Lithuania's cards and payments market, including:
  • Current and forecast values for each category of Lithuania's cards and payments industry including debit cards and credit cards
  • Comprehensive analysis of the industry’s market attractiveness and future growth areas
  • Analysis of various market drivers and regulations governing Lithuania's cards and payments industry
  • Detailed analysis of the marketing strategies adopted for selling debit and credit cards used by various bankers and other institutions in the market
  • Comprehensive analysis of consumer attitudes and their buying preferences for cards
  • Competitive landscape of Lithuania's cards and payments industry

Scope
  • This report provides a comprehensive analysis of Lithuania's cards and payments industry:
  • It provides current values for Lithuania's cards and payments industry for 2012 and forecast figures for 2017
  • It details the different macroeconomic, infrastructural, consumer and business drivers affecting Lithuania's cards and payments industry
  • It outlines the current regulatory framework in the industry
  • It details the marketing strategies used by various bankers and other institutions
  • It profiles the major banks in Lithuania's cards and payments industry
  • Make strategic business decisions using historic and forecast market data related to Lithuania's cards and payments industry and each market within it
  • Understand the key market trends and growth opportunities within Lithuania's cards and payments industry
  • Assess the competitive dynamics in Lithuania's cards and payments industry
  • Gain insights into the marketing strategies used for selling various types of cards in Lithuania
  • Gain insights into key regulations governing Lithuania's cards and payments industry


Reasons To Buy
Key Highlights
  • In terms of the number of cards in circulation, Lithuania’s card payments channel recorded a review-period CAGR of -3.77%. While the debit cards category recorded a CAGR of -3.49%, the credit cards category recorded a CAGR of -5.90%.
  • In terms of the number of cards in circulation, the card payments channel is projected to record a CAGR of 1.17% over the forecast period. The debit cards category is projected to increase from 3.2 million cards in 2013 to 3.4 million in 2017 at a CAGR of 1.17%, while the credit cards category is forecast to increase from 400,999 cards in 2013 to 419,642 in 2017, at a CAGR of 1.14%.
  • In terms of transaction value, the card payments channel grew at a CAGR of 2.94% during the review period and is forecast to grow at a CAGR of 7.39%.
  • In terms of the number of transactions, the card payments channel increased at a CAGR of 5.75% -during the review period and is expected to grow at a CAGR of 6.27% over the forecast period.
  • Stable GDP growth, the rise of e-commerce, increasing disposable income and the recovery of outbound tourism are expected to drive the growth of the card payments channel over the forecast period.


Spanning over 70 pages, 33 table and 37 figures, “Emerging Opportunities in Lithuania's Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive Landscape” report provides information on market overview, drivers and challenge, competition and key trends. For more information visit: http://www.marketresearchreports.com/timetric/emerging-opportunities-lithuanias-cards-and-payments-industry-market-size-trends-and

In addition to covering the Market Attractiveness and Future Prospects of the Cards and Payments Industry, Analysis of Lithuania's Cards and Payments Industry Drivers, Emerging Consumer Attitudes and Trends, Competitive Landscape and Industry Dynamics, Strategies Adopted by Key Operators, Size and Growth Potential of the Card Payments Channel, Company Profiles, Products and Marketing Strategies. The report covers 8 companies - SEB Bank, DNB Bankas, Danske Bank, Swedbank, Siauliu Bank, American Express, Visa, MasterCard.

Find all Banking and Finance Reports under a single page