Global Co-Branded And Affinity Cards Market Research 2022-2030 Worth Observing Growth
Posted 2022-05-11 07:38:12
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The Latest research study released by Absolute Markets Insights Co-Branded And Affinity Cards Market with 100+ pages of analysis on business Strategy taken up by key and emerging industry players and delivers know how of the current market development, landscape, technologies, drivers, opportunities, market viewpoint and status. Understanding the segments helps in identifying the importance of different factors that aid the market growth.Global co-branded and affinity cards market accounted for a revenue of US$ 1784.62 Billion in the year 2022 and is expected to generate US$ 2328.46 Billion by the end of 2030, at a CAGR of 2.9%. Some of the Major Companies covered in this Research are: Bank of America Corporation, Barclays, Capital One, Citigroup Inc., Commerce Bancshares, Inc., First National Bank of Omaha., JPMorgan & Chase Co., Openbank, Synchrony, and U.S. Bank National Association amongst others.
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Global Co-branded and Affinity Cards Market:
By Card Type
Debit or Pre-paid Cards
Credit Cards
By Issuer
Banks
Financial Institutions
By Card Category
Reward Points Based Cards
Discount Based Cards
Charity Based Cards
By Geography
North America
U.S.
Canada
Mexico
Europe
France
The UK
Spain
Germany
Italy
Nordic Countries
Denmark
Finland
Iceland
Sweden
Norway
Benelux Union
Belgium
The Netherlands
Luxembourg
Rest of Europe
Asia Pacific
China
Japan
India
New Zealand
Australia
South Korea
Southeast Asia
Indonesia
Thailand
Malaysia
Singapore
Rest of Southeast Asia
Rest of Asia Pacific
Middle East and Africa
Saudi Arabia
UAE
Egypt
Kuwait
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
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The Co-branded and Affinity Cards Market is observed to be growing on a global level owing to the adoption of cards as a preferred payment mode from the general population. Co-branded cards are specific types of payment cards provided by banks and financial institutions primarily in collaboration with an organization. The collaborating organization is usually a part of industry verticals such as consumer goods, e-commerce, fashion, travel, and hospitality amongst others.
The adoption of co-branded and affinity cards is expected to be driven by various factors including demand from users for card-based payments for retail and e-commerce expenses and rising adoption from the travel and transportation sector amongst others. There has been a steady growth in air passengers on a global level. This has led airline companies to procure more aircraft for aiding the travel of the growing number of passengers. Also, online mediums are used on a large scale for booking of tickets for the aviation sector. Due to the growing awareness of the benefits regarding air travel and the availability of easier booking methods, this sector has become a target segment for collaboration between aviation sector companies and financial institutions. These collaborations have led to the creation of various co-branded cards. The growth of the Co-branded and Affinity Cards Market is expected to be limited owing to the mature stage of the market in the current scenario. Brands from various industry verticals have already secured partnerships with banks and other financial institutions for co-branded cards. The rise in newer brands coupled with the advent of virtual cards is expected to provide the market a new direction on the growth path.
Co-Branded And Affinity Cards Market Report Highlights:
Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.
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