Plastic Card Market (2024 - 2034)
Plastic Card Market Study by Chip Enabled Cards, Regular Cards, and Smart Cards for Payments, Government/Health, Transportation, Gifts, and Access from 2024 to 2034
Core Findings
FREE CustomizationPlastic Card Market Outlook (2024 to 2034)
The global plastic card market has been projected at a value of US$ 18.4 billion in 2024 and is forecast to reach a value of US$ 37.2 billion by 2034, with a projected CAGR of 7.3% from 2024 to 2034.
Plastic cards offer secure payment options through features like EMV chips and contactless payments, which enhance their global acceptance. Many credit and debit cards come with loyalty programs, rewards, and cashback incentives, motivating consumers to use them more frequently.
Key Market Growth Drivers
- Although digital transactions are becoming more prevalent, plastic cards continue to be extensively used for both online and offline transactions, thereby driving market expansion.
- Expansion of e-commerce platforms and online shopping contributes to the increased demand for plastic cards, serving as a convenient payment method for online transactions.
- Continual technological advancements, including biometric authentication and integration with digital wallets, improve the functionality and security of plastic cards, thus stimulating growth.
- Plastic cards are instrumental in endeavors to achieve financial inclusion by granting individuals in underserved or remote areas access to banking services and electronic payment options.
- Plastic cards provide secure payment options, integrating technologies such as EMV chip technology and contactless payments, which enhance their acceptance worldwide.
- Urbanization and globalization are boosting the demand for convenient payment methods, driving the popularity of plastic cards in both advanced and emerging economies.
| Report Attributes | Details |
|---|---|
| Plastic Card Market Size (2024E) | US$ 18.4 Billion |
| Forecasted Market Value (2034F) | US$ 37.2 Billion |
| Global Market Growth Rate (2024 to 2034) | 7.3% CAGR |
| North America Market Share (2024E) | 22.9% |
| Sales of Smart Cards (2024E) | US$ 6.1 Billion |
| Sales of Chip-enabled cards (2034F) | US$ 17.7 Billion |
| Key Companies Profiled | Gemalto N.V.;Arroweye Solutions;Teraco;Gemalto;American Banknote Corporation;CardLogix Corporation;TAG Systems SA;Marketing Card Technology;Toppan Printing;Giesecke & Devrient;CPI Card Group;Perfect Plastic Printing Corporation;IDEMIA |
What are the Key Plastic Card Market Trends?
“Technological Advancements Enhancing Functionality and Security of Plastic Cards”
The proliferation of e-commerce and online shopping platforms is driving the demand for plastic cards as a convenient payment option for online transactions.
Plastic cards play a vital role in financial inclusion efforts, granting access to banking services and electronic payments for individuals in underserved or remote regions. Continuous technological advancements, such as biometric authentication and digital wallets, are integrated into plastic cards, enhancing their functionality and security.
Urbanization and globalization are leading to the extensive adoption of plastic cards in both developed and developing economies. These cards offer secure payment solutions, incorporating technologies like EMV chips and contactless payments, which contribute to their global acceptance. Many plastic cards, notably credit and debit cards, include loyalty programs, rewards, and cashback incentives, enticing consumers and promoting card usage.
“Increasing Focus on Security and Fraud Prevention Measures”
Market growth is driven by a heightened emphasis on security and fraud prevention, as more consumers adopt secure payment solutions such as plastic cards embedded with advanced security features. Several plastic cards, notably credit and debit cards, incorporate loyalty programs, rewards, and cashback incentives, acting as motivators for customers and stimulating card utilization.
What are the Challenges Faced by Plastic Card Manufacturers?
“Stringent Data Protection Regulations amid Increasing Cybersecurity Threats”
As cyber threats become more sophisticated, ensuring secure transactions via plastic cards is a major concern for card issuers and financial institutions.
Staying abreast of rapid technological changes in payment systems and security features necessitates ongoing investment in research and development, which can be difficult for smaller players. Adhering to evolving regulatory standards regarding data protection, privacy, and financial transactions presents challenges, particularly in regions with strict regulatory frameworks.
“Rising Environmental Concerns Due to More Production of Plastic Cards”
Traditional plastic cards face competition from the rising popularity of digital payment solutions such as mobile wallets and cryptocurrency, compelling card issuers to adapt to shifting consumer preferences. The environmental impact of plastic card production and disposal raises concerns about pollution and waste.
There is growing pressure on the industry to adopt sustainable practices and explore alternative materials for card manufacturing. Effectively combating card fraud, including identity theft and unauthorized transactions, requires ongoing investments in fraud detection and prevention technologies by card issuers and payment networks.
Country-wise Insights
In Europe, plastic card adoption rates vary among countries. Many countries have adopted EMV chip technology for enhanced security and reduced fraud. Contactless payments are popular, particularly in the UK and Germany.
The plastic card market size in India is growing due to governmental initiatives aimed at fostering financial inclusion and digital transactions. The emergence of RuPay cards has bolstered the utilization of debit cards, while contactless payment methods are experiencing increased acceptance.
Why are Sales of Plastic Cards High in the United States?
“Rising Preference for Cashless Transactions”
| Attribute | United States |
|---|---|
| Market Value (2024E) | US$ 2.7 Billion |
| Growth Rate (2024 to 2034) | 7.8% |
| Projected Value (2034F) | US$ 5.7 Billion |
The United States is estimated to hold a substantial plastic card market share in 2024, with credit and debit cards being extensively adopted, offering various options such as rewards and co-branded cards. Apart from this, EMV chip technology and contactless payments are common in the country.
The rising inclination toward cashless transactions, alongside the growing consumer expenditure patterns, drives the preference for plastic cards as a favored payment method. Plastic cards provide consumers with a convenient and widely accepted payment option for various transactions, both online and offline, which contributes to their continuous growth in the market.
Why are Plastic Card Manufacturers Thriving in China?
“Nationwide Acceptance of Plastic Card Payments by Merchants”
| Attribute | China |
|---|---|
| Market Value (2024E) | US$ 3.2 Billion |
| Growth Rate (2024 to 2034) | 8% CAGR |
| Projected Value (2034F) | US$ 7 Billion |
China's ever-increasing urbanization has spurred increased consumer expenditure and a greater demand for cashless payment methods, including plastic cards. The Chinese government actively promotes cashless transactions and financial inclusion through initiatives like the digital currency electronic payment (DCEP) project and the advocacy of mobile payment platforms such as Alipay and WeChat Pay.
Renowned for its technological prowess, China has integrated advanced features like contactless payments and mobile banking apps, thereby bolstering the plastic card market growth. Merchants nationwide are increasingly receptive to plastic card payments, enhancing their convenience and accessibility for consumers.
Category-wise Insights
Demand for contactless payments has risen, particularly amidst the COVID-19 pandemic, as consumers prioritize safer and more hygienic payment methods. There has been a discernible shift in consumer preferences towards digital and cashless transactions, with plastic cards serving as a pivotal tool in this evolving landscape. Plastic cards play a pivotal role in providing access to banking services and electronic payments, particularly in underserved or remote areas, thereby advancing financial inclusion initiatives across the world.
Why are Chip-enabled Cards So Popular across the World?
“Chip Cards Offer Superior Fraud Protection and Secure Data Storage & Processing”
| Attribute | Chip-enabled Cards |
|---|---|
| Market Value (2024E) | US$ 8.6 Billion |
| Growth Rate (2024 to 2034) | 7.5% CAGR |
| Projected Value (2034F) | US$ 17.7 Billion |
Sales of chip-enabled cards have increased over the years, primarily attributed to the widespread adoption of EMV (Europay, Mastercard, and Visa) technology. EMV chip cards, featuring embedded microchips for secure data storage and processing, offer superior protection against fraud compared to traditional magnetic stripe cards.
Across various countries and regions, regulatory mandates have been enforced to combat card-present fraud, compelling the adoption of chip-enabled cards. These mandates, combined with heightened consumer awareness of payment security, have spurred the global uptake of chip technology.
The transition from magnetic stripe cards to chip-enabled ones has been gradual, facilitated by financial institutions issuing chip cards to replace existing magnetic stripe ones. Chip-enabled cards also support contactless payment functionality, allowing consumers to conduct transactions by simply tapping their cards on contactless-enabled terminals.
Competitive Landscape
The competitive landscape has been influencing adoption, usage, and preferences for plastic cards among users. This landscape encompasses factors such as market share, customer preferences, and strategies adopted by different players in the plastic card industry.
Key players in the plastic card industry are Gemalto N.V., Arroweye Solutions, Teraco, Gemalto, American Banknote Corporation, CardLogix Corporation, TAG Systems SA, Marketing Card Technology, Toppan Printing, Giesecke & Devrient and CPI Card Group.
- Credit card usage in India is experiencing a constant increase, with the total count surpassing 100 million, indicating its increasing popularity. According to the most recent data from the Reserve Bank of India (RBI) in December 2023, there were 97.9 million active credit cards, with a notable increase of 1.9 million new additions during that month.
- According to data by RBI, spending on RuPay credit cards surpassed Rs 10,000 crore for the first time in December 2023, driven by strong growth in credit card transactions conducted through the Unified Payments Interface (UPI).
Segmentation of Plastic Card Market Research
-
By Technology :
- Chip-enabled Cards
- Regular Cards
- Smart Cards
-
By Application :
- Payment Cards
- Government/Health
- SIM Cards
- Transportation Cards
- Gift Cards
- Access Cards
-
By Region :
- North America
- Europe
- Latin America
- East Asia
- South Asia & Oceania
- Middle East & Africa
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Key Market Trends
- 4. Key Success Factors
- 5. Market Background
- 6. Global Market Volume (Units) Analysis 2018 to 2023 and Forecast, 2024 to 2034
- 7. Global Market - Pricing Analysis
- 8. Global Market Value Analysis 2018 to 2023 and Forecast, 2024 to 2034
- 9. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by Technology
- 9.1. Chip-enabled Cards
- 9.2. Regular Cards
- 9.3. Smart Cards
- 10. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by Application
- 10.1. Payment Cards
- 10.2. Government/Health
- 10.3. SIM Cards
- 10.4. Transportation Cards
- 10.5. Gift Cards
- 10.6. Access Cards
- 11. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by Region
- 11.1. North America
- 11.2. Latin America
- 11.3. Europe
- 11.4. East Asia
- 11.5. South Asia
- 11.6. Oceania
- 11.7. Middle East and Africa (MEA)
- 12. North America Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 13. Latin America Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 14. Europe Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 15. South Asia Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 16. East Asia Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 17. Oceania Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 18. Middle East and Africa Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 19. Key and Emerging Countries Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 20. Market Structure Analysis
- 21. Competition Analysis
- 21.1. Gemalto N.V.
- 21.2. Arroweye Solutions
- 21.3. Teraco
- 21.4. Gemalto
- 21.5. American Banknote Corporation
- 21.6. CardLogix Corporation
- 21.7. TAG Systems SA
- 21.8. Marketing Card Technology
- 21.9. Toppan Printing
- 21.10. Giesecke & Devrient
- 21.11. CPI Card Group
- 21.12. Perfect Plastic Printing Corporation
- 21.13. IDEMIA
- 22. Assumptions and Acronyms Used
- 23. Research Methodology
List Of Table
Table 01: Global Market Volume (‘000 Units) Analysis and Opportunity Assessment 2018 to 2034, By Technology
Table 02: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Technology
Table 03: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Application
Table 04: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Region
Table 05: North America Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 06: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Technology
Table 07: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Application
Table 08: Latin America Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 09: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Technology
Table 10: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Application
Table 11: Europe Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 12: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Technology
Table 13: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Application
Table 14: South Asia Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 15: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Technology
Table 16: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Application
Table 17: East Asia Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 18: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Technology
Table 19: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Application
Table 20: Oceania Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 21: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Technology
Table 22: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Application
Table 23: Middle East and Africa Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 24: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Technology
Table 25: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Application
List Of Figures
Figure 01: Global Market Volume (in 000' Units) Analysis, 2018 to 2023
Figure 02: Global Market Volume Forecast (in 000' Units), 2024 to 2034
Figure 03: Pricing Analysis (US$) Per Technology, By Region, 2023
Figure 04: Pricing Analysis (US$) Per Technology, By Region, 2023
Figure 05: Global Market Value Analysis (US$ Mn), 2018 to 2023
Figure 06: Global Market Value Forecast (US$ Mn), 2024 to 2034
Figure 07: Global Market Absolute $ Opportunity, 2024 to 2034
Figure 08: Global Market Share Analysis (%), By Technology, 2024 to 2034
Figure 09: Global Market Y-o-Y Analysis (%), By Technology, 2024 to 2034
Figure 10: Global Market Attractiveness Analysis by Technology, 2024 to 2034
Figure 11: Global Market Share Analysis (%), By Application, 2024 to 2034
Figure 12: Global Market Y-o-Y Analysis (%), By Application, 2024 to 2034
Figure 13: Global Market Attractiveness Analysis by Application, 2024 to 2034
Figure 14: Global Market Share Analysis (%), By Region, 2024 to 2034
Figure 15: Global Market Y-o-Y Analysis (%), By Region, 2024 to 2034
Figure 16: Global Market Attractiveness Analysis by Region, 2024 to 2034
Figure 17: North America Market Value Share, By Technology, 2024 (E)
Figure 18: North America Market Value Share, By Application, 2024 (E)
Figure 19: North America Market Value Share, By Country, 2024 (E)
Figure 20: North America Market Value Analysis (US$ Mn), 2018 to 2023
Figure 21: North America Market Value Forecast (US$ Mn), 2024 to 2034
Figure 22: North America Market Attractiveness Analysis by Technology, 2024 to 2034
Figure 23: North America Market Attractiveness Analysis by Application, 2024 to 2034
Figure 24: North America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 25: Latin America Market Value Share, By Technology, 2024 (E)
Figure 26: Latin America Market Value Share, By Application, 2024 (E)
Figure 27: Latin America Market Value Share, By Country, 2024 (E)
Figure 28: Latin America Market Value Analysis (US$ Mn), 2018 to 2023
Figure 29: Latin America Market Value Forecast (US$ Mn), 2024 to 2034
Figure 30: Latin America Market Attractiveness Analysis by Technology, 2024 to 2034
Figure 31: Latin America Market Attractiveness Analysis by Application, 2024 to 2034
Figure 32: Latin America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 33: Europe Market Value Share, By Technology, 2024 (E)
Figure 34: Europe Market Value Share, By Application, 2024 (E)
Figure 35: Europe Market Value Share, By Country, 2024 (E)
Figure 36: Europe Market Value Analysis (US$ Mn), 2018 to 2023
Figure 37: Europe Market Value Forecast (US$ Mn), 2024 to 2034
Figure 38: Europe Market Attractiveness Analysis by Technology, 2024 to 2034
Figure 39: Europe Market Attractiveness Analysis by Application, 2024 to 2034
Figure 40: Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 41: South Asia Market Value Share, By Technology, 2024 (E)
Figure 42: South Asia Market Value Share, By Application, 2024 (E)
Figure 43: South Asia Market Value Share, By Country, 2024 (E)
Figure 44: South Asia Market Value Analysis (US$ Mn), 2018 to 2023
Figure 45: South Asia Market Value Forecast (US$ Mn), 2024 to 2034
Figure 46: South Asia Market Attractiveness Analysis by Technology, 2024 to 2034
Figure 47: South Asia Market Attractiveness Analysis by Application, 2024 to 2034
Figure 48: South Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 49: East Asia Market Value Share, By Technology, 2024 (E)
Figure 50: East Asia Market Value Share, By Application, 2024 (E)
Figure 51: East Asia Market Value Share, By Country, 2024 (E)
Figure 52: East Asia Market Value Analysis (US$ Mn), 2018 to 2023
Figure 53: East Asia Market Value Forecast (US$ Mn), 2024 to 2034
Figure 54: East Asia Market Attractiveness Analysis by Technology, 2024 to 2034
Figure 55: East Asia Market Attractiveness Analysis by Application, 2024 to 2034
Figure 56: East Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 57: Oceania Market Value Share, By Technology, 2024 (E)
Figure 58: Oceania Market Value Share, By Application, 2024 (E)
Figure 59: Oceania Market Value Share, By Country, 2024 (E)
Figure 60: Oceania Market Value Analysis (US$ Mn), 2018 to 2023
Figure 61: Oceania Market Value Forecast (US$ Mn), 2024 to 2034
Figure 62: Oceania Market Attractiveness Analysis by Technology, 2024 to 2034
Figure 63: Oceania Market Attractiveness Analysis by Application, 2024 to 2034
Figure 64: Oceania Market Attractiveness Analysis by Country, 2024 to 2034
Figure 65: Middle East and Africa Market Value Share, By Technology, 2024 (E)
Figure 66: Middle East and Africa Market Value Share, By Application, 2024 (E)
Figure 67: Middle East and Africa Market Value Share, By Country, 2024 (E)
Figure 68: Middle East and Africa Market Value Analysis (US$ Mn), 2018 to 2023
Figure 69: Middle East and Africa Market Value Forecast (US$ Mn), 2024 to 2034
Figure 70: Middle East and Africa Market Attractiveness Analysis by Technology, 2024 to 2034
Figure 71: Middle East and Africa Market Attractiveness Analysis by Application, 2024 to 2034
Figure 72: Middle East and Africa Market Attractiveness Analysis by Country, 2024 to 2034
Figure 73: UNITED STATES Market Value Analysis (US$ Mn), 2024 & 2034
Figure 74: UNITED STATES Market Value Share, By Technology, 2024 (E)
Figure 75: UNITED STATES Market Value Share, By Application, 2024 (E)
Figure 76: Canada Market Value Analysis (US$ Mn), 2024 & 2034
Figure 77: Canada Market Value Share, By Technology, 2024 (E)
Figure 78: Canada Market Value Share, By Application, 2024 (E)
Figure 79: Mexico Market Value Analysis (US$ Mn), 2024 & 2034
Figure 80: Mexico Market Value Share, By Technology, 2024 (E)
Figure 81: Mexico Market Value Share, By Application, 2024 (E)
Figure 82: Brazil Market Value Analysis (US$ Mn), 2024 & 2034
Figure 83: Brazil Market Value Share, By Technology, 2024 (E)
Figure 84: Brazil Market Value Share, By Application, 2024 (E)
Figure 85: UNITED KINGDOM Market Value Analysis (US$ Mn), 2024 & 2034
Figure 86: UNITED KINGDOM Market Value Share, By Technology, 2024 (E)
Figure 87: UNITED KINGDOM Market Value Share, By Application, 2024 (E)
Figure 88: Germany Market Value Analysis (US$ Mn), 2024 & 2034
Figure 89: Germany Market Value Share, By Technology, 2024 (E)
Figure 90: Germany Market Value Share, By Application, 2024 (E)
Figure 91: France Market Value Analysis (US$ Mn), 2024 & 2034
Figure 92: France Market Value Share, By Technology, 2024 (E)
Figure 93: France Market Value Share, By Application, 2024 (E)
Figure 94: Italy Market Value Analysis (US$ Mn), 2024 & 2034
Figure 95: Italy Market Value Share, By Technology, 2024 (E)
Figure 96: Italy Market Value Share, By Application, 2024 (E)
Figure 97: Spain Market Value Analysis (US$ Mn), 2024 & 2034
Figure 98: Spain Market Value Share, By Technology, 2024 (E)
Figure 99: Spain Market Value Share, By Application, 2024 (E)
Figure 100: Russia Market Value Analysis (US$ Mn), 2024 & 2034
Figure 101: Russia Market Value Share, By Technology, 2024 (E)
Figure 102: Russia Market Value Share, By Application, 2024 (E)
Figure 103: China Market Value Analysis (US$ Mn), 2024 & 2034
Figure 104: China Market Value Share, By Technology, 2024 (E)
Figure 105: China Market Value Share, By Application, 2024 (E)
Figure 106: Japan Market Value Analysis (US$ Mn), 2024 & 2034
Figure 107: Japan Market Value Share, By Technology, 2024 (E)
Figure 108: Japan Market Value Share, By Application, 2024 (E)
Figure 109: South Korea Market Value Analysis (US$ Mn), 2024 & 2034
Figure 110: South Korea Market Value Share, By Technology, 2024 (E)
Figure 111: South Korea Market Value Share, By Application, 2024 (E)
Figure 112: India Market Value Analysis (US$ Mn), 2024 & 2034
Figure 113: India Market Value Share, By Technology, 2024 (E)
Figure 114: India Market Value Share, By Application, 2024 (E)
Figure 115: ASEAN Market Value Analysis (US$ Mn), 2024 & 2034
Figure 116: ASEAN Market Value Share, By Technology, 2024 (E)
Figure 117: ASEAN Market Value Share, By Application, 2024 (E)
Figure 118: Australia Market Value Analysis (US$ Mn), 2024 & 2034
Figure 119: Australia Market Value Share, By Technology, 2024 (E)
Figure 120: Australia Market Value Share, By Application, 2024 (E)
Figure 121: New Zealand Market Value Analysis (US$ Mn), 2024 & 2034
Figure 122: New Zealand Market Value Share, By Technology, 2024 (E)
Figure 123: New Zealand Market Value Share, By Application, 2024 (E)
Figure 124: GCC Countries Market Value Analysis (US$ Mn), 2024 & 2034
Figure 125: GCC Countries Market Value Share, By Technology, 2024 (E)
Figure 126: GCC Countries Market Value Share, By Application, 2024 (E)
Figure 127: Turkey Market Value Analysis (US$ Mn), 2024 & 2034
Figure 128: Turkey Market Value Share, By Technology, 2024 (E)
Figure 129: Turkey Market Value Share, By Application, 2024 (E)
Figure 130: South Africa Market Value Analysis (US$ Mn), 2024 & 2034
Figure 131: South Africa Market Value Share, By Technology, 2024 (E)
Figure 132: South Africa Market Value Share, By Application, 2024 (E)
- FAQs -
How big is the plastic card market in 2024?
The global plastic card market is estimated at US$ 18.4 billion in 2024.
What is the sales value of plastic cards in China in 2024?
Sales of plastic cards in China are set to reach US$ 3.2 billion in 2024.
What is the size of the market in the United States?
The United States market is valued at US$ 2.7 billion in 2024 and is forecasted to reach US$ 5.7 billion by 2034.
What share of the market is projected to be occupied by smart cards over the forecast period?
Smart cards are projected to occupy 34.3% share of the market by 2034.
What are the statistics listed for Japan and South Korea?
Smart card sales in Japan and S. Korea are projected to increase at CAGRs of 7.7% and 7.3%, respectively.
Are plastic cards harmful to the environment?
Plastic cards contribute to the accumulation of global plastic waste, with billions manufactured annually.
Related Reports
Plastic Card Market