2014-03-17 00:34:01 - Emerging Opportunities in Belgiumâs Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive Landscape - a new market research report on companiesandmarkets.com
Belgium´s economy is highly developed and one of the most globalized in the world. This and its strong transport infrastructure mean that Belgium is well integrated with the rest of the Europe. However, the global financial crisis caused a sharp economic slowdown which meant that the government had to implement a fiscal stimulus package to support the economy and financial system.
Economic recovery has, however, been uneven due to structural weaknesses such as a rigid labor market and high taxation, hindering international competitiveness. Belgium´s card industry as a whole grew at a CAGR of 3.87% during the review period and is expected to post a CAGR of 3.31% over the forecast period. Growth was mainly driven by the prepaid card category,
which recorded a CAGR of 4.87%, followed by debit cards with a CAGR of 2.53%, and charge and credit cards which grew at respective CAGRs of 1.70% and 1.84%.
Click for report details: www.companiesandmarkets.com/Market/Finance-and-Banking/Market-Re ..
Browse all Finance and Banking Market Research Reports www.companiesandmarkets.com/Market/Finance-and-Banking/Market-Re ..
Browse all Finance and Banking Company Profile Reports www.companiesandmarkets.com/Market/Finance-and-Banking/Company-P ..
Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.comâs online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.