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Polish Credit Card Market Well-Poised for Further Growth

Jun 18, 2010

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According to our new research report "Global Credit Card Industry – Emerging Markets", the total number of credit cards in Poland will exhibit blissful growth in the coming years. Driven by various factors such as increasing consumer expenditure and rising number of bankable households in the country, it is anticipated that the total number of credit cards in Poland will grow at a CAGR of around 9% during our forecast period (2010-2013).
 
We have done extensive research and analysis of the Polish credit card market in order to delineate various factors that will propel the growth of the credit card market in Poland in the coming years. We have identified that various other drivers such as regulatory improvements and government initiatives to boost the consumer spending via specific cards are resulting into the increased usage of credit cards in the country. Further, our research indicates that with the rising income of the households, the affordability factor will gain strength, which will motivate people to boldly use credit cards in the coming years.
 
Besides this, our report studies the global credit card industry in the emerging markets. Despite the global economic recession, it has been found that the credit card market will acquire strong base in emerging markets, thereby increasing the usage of payments cards in these countries. The report also gives insight into the role of banks in encouraging non-cash payment options such as credit cards, which feature overdrafts, to boost domestic consumption. Our report also gives an overview of the factors that may hinder the growth of the credit card market in these emerging markets in the coming years.
 
Our report "Global Credit Card Industry – Emerging Markets" provides thorough analysis of the credit card industry in emerging markets like India, Mexico, South Korea, Russia, China, Poland and Brazil. It gives deep insight into each of the industry parameters like market attractions, market performance and roadblocks. Most importantly, the report gives future outlook for all the important aspects of the industry considering the effects of global economic crisis on base drivers, opportunities and challenges faced by the credit card industry in the concerned country.

For more information visit: http://www.rncos.com/Report/IM167.htm


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