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India Credit Cards Market Summary, Competitive Analysis and Forecast to 2027

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    Report

  • 43 Pages
  • March 2023
  • Region: India
  • MarketLine
  • ID: 5850803
Credit Cards in India industry profile provides top-line qualitative and quantitative summary information including: market share, 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 credit cards profile covers the consumer credit cards market.
  • According to the Ministry of Statistics and Programme Implementation (MOSPI), consumer spending increased to INR24,771.6 billion ($335 billion) in the fourth quarter of 2022 in India, resulting in increased credit cards transactions.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the credit cards market in India
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the credit cards market in India
  • 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 India credit cards market with five year forecasts by both value and volume

Reasons to Buy

  • What was the size of the India credit cards market by value in 2022?
  • What will be the size of the India credit cards market in 2027?
  • What factors are affecting the strength of competition in the India credit cards market?
  • How has the market performed over the last five years?
  • Who are the top competitors in India's credit cards market?

Table of Contents

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 are the strengths and weaknesses of the leading players?
7.4. What are the main challengers to the incumbents?
8 Company Profiles
8.1. Axis Bank Limited
8.2. HDFC Bank Ltd
8.3. ICICI Bank Ltd
8.4. SBI Capital Markets Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About
List of Tables
  • Table 1: India credit cards market value: $ billion, 2017-22
  • Table 2: India credit cards market volume: million number of credit card transactions, 2017-22
  • Table 3: India credit cards market geography segmentation: $ billion, 2022
  • Table 4: India credit cards market value forecast: $ billion, 2022-27
  • Table 5: India credit cards market volume forecast: million number of credit card transactions, 2022-27
  • Table 6: Axis Bank Limited: key facts
  • Table 7: Axis Bank Limited: Annual Financial Ratios
  • Table 8: Axis Bank Limited: Key Employees
  • Table 9: Axis Bank Limited: Key Employees Continued
  • Table 10: HDFC Bank Ltd: key facts
  • Table 11: HDFC Bank Ltd: Annual Financial Ratios
  • Table 12: HDFC Bank Ltd: Key Employees
  • Table 13: HDFC Bank Ltd: Key Employees Continued
  • Table 14: ICICI Bank Ltd: key facts
  • Table 15: ICICI Bank Ltd: Annual Financial Ratios
  • Table 16: ICICI Bank Ltd: Key Employees
  • Table 17: SBI Capital Markets Ltd: key facts
  • Table 18: SBI Capital Markets Ltd: Key Employees
  • Table 19: India size of population (million), 2018-22
  • Table 20: India gdp (constant 2005 prices, $ billion), 2018-22
  • Table 21: India gdp (current prices, $ billion), 2018-22
  • Table 22: India inflation, 2018-22
  • Table 23: India consumer price index (absolute), 2018-22
  • Table 24: India exchange rate, 2018-22
List of Figures
  • Figure 1: India credit cards market value: $ billion, 2017-22
  • Figure 2: India credit cards market volume: million number of credit card transactions, 2017-22
  • Figure 3: India credit cards market geography segmentation: % share, by value, 2022
  • Figure 4: India credit cards market value forecast: $ billion, 2022-27
  • Figure 5: India credit cards market volume forecast: million number of credit card transactions, 2022-27
  • Figure 6: Forces driving competition in the credit cards market in India, 2022
  • Figure 7: Drivers of buyer power in the credit cards market in India, 2022
  • Figure 8: Drivers of supplier power in the credit cards market in India, 2022
  • Figure 9: Factors influencing the likelihood of new entrants in the credit cards market in India, 2022
  • Figure 10: Factors influencing the threat of substitutes in the credit cards market in India, 2022
  • Figure 11: Drivers of degree of rivalry in the credit cards market in India, 2022

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Axis Bank Limited
  • HDFC Bank Ltd
  • ICICI Bank Ltd
  • SBI Capital Markets Ltd