MarketResearchReports.com: 2020 Foresight Report: Private Label Cards – Opportunities and Challenges in Asia-Pacific

Private-label cards (PLCs) have emerged as a lucrative investment tool for a range of organizations and retail stores in Asia-Pacific. The PLC sector has recorded substantial growth over the last five years across key markets, although it is still in a nascent stage in comparison with the overall cards and payments industry. The growth is currently being driven by prepaid cards and this is expected to continue over the coming five years. Taking its cue from western counterparts, with the exception of a few markets, the sector in the Asia-Pacific region has maintained a safe distance from private-label credit instruments. Furthermore, retailers have started to use analytics to their advantage, and the structured use of customer information has enabled them to develop effective strategies, such as exclusive offers tailored for particular cardholders for important occasions in their lives.

 For more information visit:2020 Foresight Report: Private Label Cards – Opportunities and Challenges in Asia-Pacific

Among the key countries studied in terms of closed-loop prepaid cards, the main PLC category in India shows the greatest potential in terms of an increase in the total number of closed-loop cards in circulation with forecast CAGR of 27.8% over 2012–2017. India will be followed by China with a CAGR of 14.2% over 2012–2017. However, China will continue to be the largest market for closed-loop prepaid cards, with the total number of cards in circulation expected to cross the 500 million mark by the end of 2017. Factors such as the rise of NFC-enabled POS terminals, urbanization, growth in retail sales and fuel consumption, increased use by the unbanked population, and the use of gift cards as tax incentives are expected to drive this growth.

The report provides useful information and insights into the dynamics of the Private Label Cards (PLC) sector in Asia-Pacific:

  • Analysis of sector dynamics including current and emerging trends and business drivers, benefits for issuers and consumers, and operational and regulatory challenges
  • Provides market potential of closed-loop prepaid cards in selected key countries of the region with historical and forecast number of cards in circulation
  • Includes information on key end markets and leading issuers within each category for selected countries
  • Insights into key product and consumer segmentation strategies adopted by issuers in key end markets
  • Insights into current sales and distribution strategies and their future outlook

Scope

  • This report provides comprehensive analysis of PLCs in Asia-Pacific and uses five key countries in the region to study trends, opportunities and challenges in detail
  • Provides data centric focus on closed-loop prepaid cards which dominate the PLC sector in the region
  • Analyzes product and segmentation strategies adopted by key issuers in selected countries
  • Examines major end markets that lead in issuance of PLCs in the region
  • Covers key sales and distribution strategies and their future outlook

Reasons To Buy

  • Gain insights into the latest developments in the sector to streamline your PLC model
  • Understand the key benefits and challenges to develop a cost effective strategy
  • Learn about growth potential in key markets over the next five years
  • Gain insights into industry structure and competitive landscape of PLCs in the region
  • Learn about key product and segmentation strategies along with sales and distribution strategies adopted by key issuers

Key Highlights

  • The PLC sector has recorded strong growth over the last five years across key Asia-Pacific markets, led by a boom in prepaid cards. This category has now become a key tool for issuers across key end markets – fuel and fleet, retail and phone, and transit – to drive revenues and reduce costs, leading to higher profitability.
  • Marketing has improved with highly customized targeting across business-to-business and business-to-consumer customers. Corporate clients are being targeted for employee incentives and tax benefits, while PLCs are widely marketed as gift products to individuals.
  • Among the key countries studied in terms of closed-loop prepaid cards, the main PLC category in India shows the greatest potential with forecast CAGR of 27.8% over 2012–2017.
  • Retailers have started to use analytics to their advantage, and the structured use of customer information has enabled them to develop effective strategies, such as exclusive offers tailored for particular cardholders for important occasions in their lives.
  • At present, PLC issuers are largely dependent on traditional sales and distribution channels, such as direct sales at card issuer stores and partnerships with third parties. However, a rise in the use of online channels has been noted over the last two to three years due to rising internet and smartphone penetration. Furthermore, the growing popularity of gift cards is also expected to provide impetus for investments that will lead to adoption and development of multiple channels.

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Market Research Reports, Inc. (www.MarketResearchReports.com) is the world’s leading source for market research reports and market data. We provide you with the latest market research reports on global markets, key industries, leading companies, new products and latest industry analysis & trends.

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MarketResearchReports.com: 2020 Foresight Report: Captive Insurance

Growing uncertainties in the global economy and frequent rises in premiums in the commercial insurance industry have encouraged companies from diverse industries to set up their own captive insurance businesses. Companies across a diverse range of industries are increasingly employing captive insurance as part of their risk management strategies. These companies are exposed to various risks and unforeseen circumstances, and it is often not feasible for them to obtain insurance cover for these risks due to high premiums in the commercial market and the non-availability of insurance cover for some industry-specific risks. The four-leading industries in the world, in terms of the number of captives established, are financial institutions, healthcare service providers, retail and consumer products companies and infrastructure companies, mainly construction and power and utilities. In terms of the number of captives domiciled on a global scale, the leading destinations include Bermuda, the Cayman Islands, Guernsey, Luxembourg and the US state of Vermont. The key reasons for the popularity of these locations are the relatively low taxes that they levy on captives, favorable foreign direct investment (FDI) regulations, the availability of competent professional manpower and geographical advantages such as proximity to the main regions of operations of the parent companies. Many captive domiciles such as Bermuda and Guernsey have agreed not to adopt standards equivalent to Solvency II.

 For more information visit: 2020 Foresight Report: Captive Insurance

  • The report provides industry and geographic analysis, information and insights into the utilization of captive insurance. It also provides an in-depth analysis of the recent trends and developments in the field of captive insurance
  • Intensive analysis of the dynamics of the main industries (financial services, healthcare, retail and consumer products, and infrastructure companies) employing captive insurance and the recent trends and drivers in these industries that have been propelling the related companies to set up captive insurance companies
  • Detailed analysis of the major captive hubs of Bermuda, the Cayman Islands, Vermont (US), Guernsey and Luxembourg in terms of classes of business being insured, the key geographies that have been contributing to the setting up of captives in these destinations and the important drivers contributing to the popularity of these destinations as captive hubs
  • Detailed overview of steps required to be taken to set up captive insurance entities in the above mentioned captive destinations, the respective captive insurance related regulations in these destinations and the applicable fees and taxes
  • Provides a snapshot of the concept of captive insurance, the advantages that this insurance arrangement provides, the types of captive insurance entities that there are and the challenges that the captive insurance arrangement generates

Scope

  • This report provides a detailed analysis of the captive industry worldwide
  • It explains the concept of captive insurance, the benefits that accrue from it and the types of captives that can be setup
  • It details the main industries that have been employing captives and the recent trends for their increased use of captive insurance arrangements
  • It details the important captive insurance destinations across the world, the main drivers contributing to their popularity and the important geographies where companies have been setting up connected captives
  • It lists out the steps needed to be taken to set up captives in these destinations, the important regulations related to captive insurance companies in these destinations and taxes and fees applicable to captive insurance companies in these destinations

Reasons To Buy

  • Understand how a company can benefit by setting up its own captive insurance subsidiary
  • Understand the kind of industries where companies would benefit most by setting up captives
  • Gain insights into the important captive destinations where a company could set up its captive and the conditions specific to these destinations by which a company would benefit
  • Be informed about the key steps that a company has to take to establish a captive in the major captive hubs, the legal and regulatory framework in each of these destinations and the fees and other taxes applicable to the captives set up in these destinations

 Key Highlights

  • Increasingly, companies across the globe have been setting up captive insurance companies to save on insurance premium costs and also because of non-availability of certain types of insurance.
  • Companies operating in the fields of financial services, healthcare, retail and consumer products and infrastructure, comprising construction and power and utilities, have been increasingly adopting the captive insurance business model.
  • Financial institutions account for almost 20% of the total number of captives across the world. The risk management competencies of these institutions and the requirement of meeting Basel II/ III standards have been driving them towards the increased use of captives.
  • The number of captives set up by healthcare entities is expected to increase significantly, with many driven by the Patient Protection and Affordable Care Act (PPACA), passed by the US government in 2010.

For more information visit: 2020 Foresight Report: Captive Insurance

Browse More Banking & Finance Market Research Reports: Banking Market Research Reports

About Market Research Reports, Inc.

Market Research Reports, Inc. (www.MarketResearchReports.com) is the world’s leading source for market research reports and market data. We provide you with the latest market research reports on global markets, key industries, leading companies, new products and latest industry analysis & trends.

Press Contact:

Mr. Amitava Sen

General Manager – Sales & Marketing

Market Research Reports, Inc.

+91-8762746600

Phone: +1-302-703-7787

http://www.marketresearchreports.com