(MENAFN- EIN Presswire) EEA Prepaid Card Market
PORTLAND, OREGAON, UNITED STATES, April 27, 2023 /einpresswire.com / -- The report published by Allied market Research provides a comprehensive analysis of the eea prepaid card market , with a focus on key functional attributes, card types, end-users, and applications. The report presents a detailed overview of the market environment, including the competitive landscape, investment pockets, and growth drivers, along with potential restraints and challenges that may impede the industry's growth.
The European Economic Area (EEA) prepaid card market size was valued at $182.6 billion in 2019 and is projected to reach $500.2 billion by 2027, growing at a CAGR of 14.7% from 2020 to 2027.
The report provides a quantitative and qualitative analysis of the market, highlighting the pain points, value chain, and regulatory framework. This analysis helps market players to identify investment opportunities and make informed decisions. Additionally, the report discusses the various card types, including general purpose cards, gift cards, government benefit/disbursement cards, payroll cards, and others, and provides insights into the market potential for each type.
The report also identifies the key end-users of prepaid cards, including retail, corporate, and government/public sector, and evaluates the market potential for each segment. Furthermore, the report highlights the different applications of prepaid cards, including food & groceries, pharmacy & drug stores, restaurants & bars, consumer electronics, media & entertainment, and others, and analyzes the market potential for each application.
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The worldwide EEA Prepaid Card marketplace record gives a complete observation of the dynamic driving and restraining factors, major challenges, and lucrative opportunities. Moreover, the study covers a SWOT analysis that aids in recognizing the restraining and driving factors in the market. Furthermore, the report outlines market segmentation and growth analysis of the top 10 market players that are currently active in the industry. The drivers and opportunities help in grasping the dynamic market trends and how market players can leverage such trends.
A comprehensive analysis of each segment and sub-segment is provided in the research. In addition, the tabular and graphical representation of each segment and sub-segment will assist EEA Prepaid Card market players in understanding the largest revenue-generating segments and driving factors thoroughly. This analysis is valuable in identifying the fastest-growing segments as well as strategizing to gain long-term growth.
Leading market players in the global EEA Prepaid Card Market include:
American Express Company, JPMorgan Chase & Co., Kaiku Finance, LLC., IDT Financial Services Limited, moneycorp, H&R Block, Inc., Mango Financial, Inc., Payoneer Inc., PayPal Holdings, Inc., and Netspend
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Key Market Segments:
BY FUNCTIONAL ATTRIBUTE
Open-loop Card
Closed-loop Card
BY CARD TYPE
General Purpose Card
Gift Card
Government Benefit/Disbursement Card
Payroll Card
Others
BY END USER
Retail
Corporate
Government/Public Sector
BY APPLICATION
Food & Groceries
Pharmacy & Drug Stores
Restaurants & Bars
Consumer Electronics
Media & Entertainment
Others
BY COUNTRY
Italy
Belgium
Denmark
Finland
France
Germany
Iceland
Ireland
Austria
Norway
Poland
Spain
The Netherlands
Rest of EEA
The Covid-19 outbreak has had a significant effect on the world. Some sectors thrived during the pandemic while some faced tremendous losses. As per the restrictions and guidelines issued by World Health Organization (WHO), the majority of the manufacturing and production facilities were closed or working at low potential. Moreover, the prolonged lockdown created challenges in the procurement of raw materials. These factors create a huge gap in supply and demand and disrupted the supply chain. However, as the world is recovering from the pandemic, the EEA Prepaid Card market is expected to get back on track.
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