The global plastic cards market is expected to grow at a steady CAGR during the forecast period. The global plastic cards market is driven by the increasing use of plastic cards in banks and SIM cards coupled with the high acceptance of cashless payment options. Growing development in the gift card application is also expected to bolster the growth of the market over the next few years. World’s population is growing at an alarming rate along with rising spending power and per-capita income among individuals which is positively influencing the market growth through 2027.
Important Aspects of the Global Plastic Cards Market
The global plastic card market is segmented based on type, technology, application, company, and region. Based on technology, the market has been segmented into chip-enabled cards, regular cards, and smart cards. The chip-enabled cards segment dominated the market until 2021 and is anticipated to maintain its dominance over the next five years as well owing to its lower risk of fraud-related losses. Based on region, the APAC region led the overall plastic cards market and is projected to lead the market during the forecast period as well. This is primarily attributed to a surging number of financial institutions in developing nations like India, China, and others. In addition to this, an increase in the usage of cards for financial transactions is further expected to support demand for plastic cards in the region.
The major players operating in the plastic cards market are Gemalto N.V., CPI Card Group Inc., Giesecke & Devrient GmbH, American Banknote Corporation, IDEMIA France SAS, Perfect Plastic Printing Corporation, Goldpac Group Limited, Inteligensa Group, Marketing Card Technology, LLC, TAG Systems SA, and others.
The objective of the Study of Global Plastic Cards Market
- To analyze and estimate the market size of the global plastic cards market from 2017 to 2020.
- To estimate and forecast the market size of the global plastic cards market from 2021 to 2027 and the growth rate until 2027.
- To classify and forecast the global plastic cards market based on type, technology, application, company, and regional distribution.
- To identify the dominant region or segment in the global plastic cards market.
- To identify drivers and challenges for the global plastic cards market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the global plastic cards market.
- To conduct pricing analysis for the global plastic cards market.
- To identify and analyze the profile of leading players operating in the global plastic cards market.
- To identify key sustainable strategies adopted by market players in the global plastic cards market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers and presence of all major players across the globe.
TechSci Research calculated the market size of the global plastic cards market using a bottom-up approach, wherein data for various end-user segments were recorded and forecasted for the future years. TechSci Research sourced these values from industry experts and company representatives and externally validated them by analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations, and financial reports were also studied by TechSci Research.
Key Target Audience for Global Plastic Cards Market
- Plastic cards manufacturers
- Market research and consulting firms
- Government bodies such as regulating authorities and policymakers
- Organizations, forums, and alliances related to plastic cards
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Attribute
Details
Base Year
2021
Historical Data
2017 – 2020
Estimated Year
2022
Forecast Period
2023 – 2027
Quantitative Units
Revenue in USD Million, Volume in Units, and CAGR for 2017-2021 and 2022E-2027F
Report Coverage
Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends
Segments Covered
Type
Technology
Application
Regional scope
North America; Europe; Asia Pacific; South America; Middle East & Africa
Country scope
United States, Mexico, Canada, China, India, Japan, South Korea, and Australia; Germany, France, United Kingdom, Spain, Italy, South Africa, UAE, Saudi Arabia, Brazil, Argentina, Colombia;
Key companies profiled
Gemalto N.V., CPI Card Group Inc., Giesecke & Devrient GmbH, American Banknote Corporation, IDEMIA France SAS, Perfect Plastic Printing Corporation, Goldpac Group Limited, Inteligensa Group, Marketing Card Technology, LLC, TAG Systems SA.
Customization scope
10% free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options
Avail customized purchase options to meet your exact research needs. Explore purchase options
Delivery Format
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)
Report Scope for Global Plastic Cards Market
In this report, the global plastic cards market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
- Global Plastic Cards Market, By Type:
- Contact Cards
- Contactless Cards
- Global Plastic Cards Market, By Technology:
- Chip Enabled Cards
- Regular Cards
- Bar Code
- Magnetic Strip
- Smart Cards
- Contact
- Contactless
- Hybrid and Dual Interface
- Global Plastic Cards Market, By Application:
- Payment Cards
- Government/Health
- SIM Cards
- Transportation Cards
- Gift Cards
- Access Cards
- Others
- Global Plastic Cards Market, By Region:
- North America
- United States
- Canada
- Mexico
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- South America
- Brazil
- Argentina
- Colombia
Until recently, restaurants used punch cards and plastic cards for their loyalty programs.
Today, many are replacing traditional card-based loyalty programs with mobile loyalty apps.In this article, we focus on how restaurant loyalty apps can be used to build customer loyalty.
We demonstrate this with examples of the world’s top food chains.
We also outline must-have features and conclude with useful tips on how to set up an effective loyalty program.
But first, let’s talk about why restaurants should go mobile for building customer loyalty.
