IntroductionConsumer Credit in France 2006 is an invaluable guide to a market dominated by some of Europe's largest finance houses.
This short report analyses the consumer credit market in France.
Covering market size, trend analysis, market forecasts, competitor market shares and key regulatory and competitor developments in the market.ScopeCovers the consumer credit market (not including any loans secured on property)Provides market sizing data in terms of gross advances and balances outstandingProvides competitor market share for the top five players in terms of balances outstanding; a short profile of the top players is also providedProvides competitor market share for the top five credit card lenders in terms of balances outstandingHighlightsFrench consumer credit market has only seen steady growth in recent years.
This is because of sluggish French economic performance, high unemployment, a resistance to borrowing, in particular through revolving credit.
However, this resistance appears to be waning.The credit card market is underdeveloped in France.
However, revolving credit cards have grown in popularity over recent years.
An increase in the demand for consumer credit, coupled with the long-term familiarity that French consumers have with pay later card products have combined to grow this market.Aside from the cards market, there is a lack of innovation in the French consumer credit market.
With few new entrants to the market and the market being controlled by a few big players that compete on price and distribution networks, innovation is something that is overlooked.Reasons to PurchaseLearn how the French consumer credit market has developed over the last five yearsUnderstand the recent developments in the market in terms of regulation, competition and product innovationsFind out Datamonitor's opinion on the future performance of the French consumer credit market over the next five years and its future prospects