DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/zb5klt/japans_cards_and) has announced the addition of the "Japan's Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape" report to their offering.
During the review period, the number of cards in circulation in the channel increased at a compound annual growth rate (CAGR) of 2.94% to reach 980.9 million cards in 2013, while its value recorded a review-period CAGR of 3.45%, reaching JPY70.1 trillion (US$723.4 billion) in 2013.
The Japanese card payments channel was mainly driven by strong growth in the prepaid cards category, which registered the highest review-period CAGR of 12.68%. The share of prepaid cards category in overall card payments channel increased from 15.9% in 2009 to 22.9% in 2013. In terms of number of cards in circulation, prepaid cards increased from 139.3 million in 2009 to 224.5 million in 2013. The charge cards category recorded the second-highest review-period CAGR of 2.55%, increasing from 7.4 million cards in 2009 to 8.2 million in 2013. The debit cards category registered the slowest growth during the review period, at a CAGR of 0.46%, increasing from 412.0 million cards in 2009 to 419.7 million in 2013.
In 2009, non-cash payments in Japan were dominated by credit transfers with a total transaction value of JPY2,433.9 trillion (US$26.0 trillion), while card payments valued JPY61.2 trillion (US$654.1 billion). During the review period, card payments recorded a CAGR of 3.45%, to value JPY70.1 trillion (US$723.4 billion) in 2013, while credit transfers recorded a CAGR of 3.73%, to value JPY2,817.7 trillion (US$29.1 trillion) in 2013. Internet penetration growth and rising disposable incomes, supported by an increased consumer spending, resulted in increased online retail sales. The country's domestic business-to-business (B2B) e commerce grew to JPY262.0 trillion (US$3.3 trillion) in 2012, an increase of 101.7% compared to the previous year. Similarly, business-to-consumer (B2C) e-commerce increased by 112.5%, to reach JPY9.5 trillion (US$119.1 billion) in 2012.
Key Topics Covered:
Executive Summary
Analysis of Market Environment, Key Trends and Drivers
Cards and Payments Industry Share Analysis
Regulatory Framework and Card Fraud Statistics
Emerging Consumer Attitudes and Trends
Analysis of Card Payments and Growth Prospects
Analysis of Credit Card Payments and Growth Prospects
Analysis of Debit Card Payments and Growth Prospects
Analysis of Charge Card Payments and Growth Prospects
Analysis of Prepaid Card Payments and Growth Prospects
Merchant Acquiring
Company Profiles of Card Issuers
Appendix
List of Tables
List of Figures
Companies Mentioned
- American Express
- Citibank Japan
- Credit Saison
- JACCS
- JCB
- Japan Post Bank
- MasterCard
- Shinsei Bank
- Visa
For more information visit http://www.researchandmarkets.com/research/zb5klt/japans_cards_and
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