LONDON--(BUSINESS WIRE)--One of the largest economies on a global scale, France is also ranked third in terms of income from tourism. The cards industry demonstrated relatively slow growth (around 0.1 percent annually) in 2008-2012 given the unfavorable economic situation in Europe and the whole world over. The industry growth was mainly supported by debit and prepaid card categories, with prepaid cards being the fastest growing sector (by over 23 percent annually). The cards category is forecast to grow at a CARG of 2 percent to 2017, fuelled by the rising demand for prepaid cards.
The growing French market for electronic commerce has turned into the one of the primary forces igniting expansion of the domestic cards and payments industry. Local e-sales amounted to EUR 45 billion in 2012, a rise by EUR 25 billion if compared to 2008.
New market research report “Emerging Opportunities in France’s Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive Landscape” drawn up by Timetric provides a bird’s eye view of the cards and payments industry in France. The study covers all industry categories, examined market’s attractiveness, drivers and regulations. The report offers an insightful analysis of marketing strategies, consumer attitudes, buying preferences and the competitive environment. Data on the industry dynamics, market size and its growth potential can be found in the research report too. Besides, the report includes profiles of the top industry participants and future market outlook to 2017.
Report Details:
Title: Emerging Opportunities in France’s Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive Landscape
Published: February, 2013
Pages: 100
Price: US$ 4,495.00
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