Abstract
Overview
Introduction
This 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.
Scope
- Covers the consumer credit market (not including any loans secured on
property)
- Provides market sizing data in terms of gross advances and balances
outstanding
- Provides competitor market share for the top five players in terms of
balances outstanding; a short profile of the top players is also provided
- Provides competitor market share for the top five credit card lenders in
terms of balances outstanding
Report Highlights
The 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 Purchase
- Learn how the Benelux consumer credit market has developed over the last
five years
- Understand the recent developments in the market in terms of regulation,
competition and product innovations
- Find out Datamonitor's opinion on the future performance of the Benelux
consumer credit market over the next five years and its future prospects