Consumer Lending in Sweden

Description

Gross lending in Sweden registered positive, yet slower growth in 2022, as the uncertain economic environment, exacerbated by the Russian invasion of Ukraine, led to a decline in consumer confidence. In August 2022, the annual inflation rate soared to almost 10%, the highest in more than 30 years. With the prices of essential commodities such as electricity, fuel and food continuing to rise, as well as interest rates, many Swedes became reluctant to take on new debt.

Euromonitor International's Consumer Lending in Sweden report establishes the size and structure of the market for ATMs cards, smart cards, credit cards, debit cards, charge cards, pre-paid cards and store cards. It looks at key players in the market (issuers and operators), number of cards in circulation, numbers transactions and value of transactions. It offers strategic analysis of sector forecasts and trends to watch.

Product coverage: Consumer Credit, Mortgages/Housing.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

Get a detailed picture of the Consumer Lending market;
Pinpoint growth sectors and identify factors driving change;
Understand the competitive environment, the market's major players and leading brands;
Use five-year forecasts to assess how the market is predicted to develop.

Product Code: FCSEcl

List Of Contents And Tables

EXECUTIVE SUMMARY

Consumer lending in 2022: The big picture
2022 key trends - growing concern over high levels of debt
Mortgage lending could see slower growth, while green products have potential
BNPL sees rapid development, but challenges could lie ahead
What next for consumer lending?

MARKET DATA

Table 1 Consumer Lending: Outstanding Balance by Category: Value 2017-2022
Table 2 Consumer Lending: Outstanding Balance by Category: % Value Growth 2017-2022
Table 3 Consumer Lending: Gross Lending by Category: Value 2017-2022
Table 4 Consumer Lending: Gross Lending by Category: % Value Growth 2017-2022
Table 5 Consumer Lending: Non-performing vs Other Loans Outstanding Balance: % Value 2017-2022
Table 6 Mortgages/Housing: Non-performing vs Other Loans Outstanding Balance: % Value 2017-2022
Table 7 Consumer Credit: Non-performing vs Other Loans Outstanding Balance: % Value 2017-2022
Table 8 Card Lending: Non-performing vs Other Loans Outstanding Balance: % Value 2017-2022
Table 9 Forecast Consumer Lending: Outstanding Balance by Category: Value 2022-2027
Table 10 Forecast Consumer Lending: Outstanding Balance by Category: % Value Growth 2022-2027
Table 11 Forecast Consumer Lending: Gross Lending by Category: Value 2022-2027
Table 12 Forecast Consumer Lending: Gross Lending by Category: % Value Growth 2022-2027

DISCLAIMER

SOURCES

Summary 1 Research Sources

CONSUMER CREDIT IN SWEDEN

KEY DATA FINDINGS

2022 DEVELOPMENTS

Economic uncertainty leads to continued consumer cautiousness
Strong performance for education lending
Closure of bank branches increases importance of digital solutions

PROSPECTS AND OPPORTUNITIES

Concerns over high levels of debt, in view of economic uncertainty
Education lending to receive boost from "transition study" loans
Green and ethical lending likely to be an area for development

CATEGORY DATA

Table 13 Consumer Credit: Outstanding Balance by Category: Value 2017-2022
Table 14 Consumer Credit: Outstanding Balance by Category: % Value Growth 2017-2022
Table 15 Consumer Credit: Gross Lending by Category: Value 2017-2022
Table 16 Consumer Credit: Gross Lending by Category: % Value Growth 2017-2022
Table 17 Forecast Consumer Credit: Outstanding Balance by Category: Value 2022-2027
Table 18 Forecast Consumer Credit: Outstanding Balance by Category: % Value Growth 2022-2027
Table 19 Forecast Consumer Credit: Gross Lending by Category: Value 2022-2027
Table 20 Forecast Consumer Credit: Gross Lending by Category: % Value Growth 2022-2027