IntroductionThis short report looks at the consumer credit market in Belgium, the Netherlands and Luxembourg.
This report provides key statistics on market size, competitor market shares and lenders' strategies.
It also presents recent developments relating to regulation, competitor activities and product innovation.
The report concludes with forecasts and a SWOT analysis.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 outstandingHighlightsThe Dutch population remains highly credit averse The Dutch population still views debt as a negative situation to be in, unless it is for the purpose of purchasing a property.Belgian consumers have traditionally been conservative in regards to spending - thinking of debt with a negative connotation.
Instead, they are more partial towards saving and have the highest rate of savings in Western Europe.
However, attitudes are changing.
In particular, young people are more open to spending and less inclined to save.The level of wealth in Luxembourg is far higher than in Belgium or the Netherlands.
Therefore, because they have the earning power to pay off their debts with ease, consumers are far less reticent than consumers in Belgium or the Netherlands.Reasons to PurchaseLearn how the Benelux 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 Benelux consumer credit market over the next five years and its future prospects