PUBLISHER: TechSci Research | PRODUCT CODE: 1361448
PUBLISHER: TechSci Research | PRODUCT CODE: 1361448
Germany Loan Market By Type, By Provider Type (Bank, Non-Banking Financial Companies and Others ), By Interest Rate, By Tenure Period, By Region, Competition, Forecast & Opportunities, 2028F
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The Germany Loan Market is anticipated to project robust growth during the forecast period because of increasing marketing strategies, low-interest rates, and digitalization.
The term "loan" refers to a sum of money that one or more individuals, firms, or other entities borrow from banks or other financial institutions to manage their finances in connection with foreseeable or unforeseen events. By doing this, the borrower establishes a debt that needs to be paid back with interest over a specific period. Loans are available to everyone, including people, companies, and governments. One borrows money primarily to increase the total amount of available funds.
Germany is Europe's biggest economy and provides a favorable market environment with exceptional repayment behavior and financial resources. However, with a volume of outstanding loans of USD 188.66 billion in 2020, the German consumer lending sector is still relatively tiny in comparison to the size of the country's entire economy.
| Market Overview | |
|---|---|
| Forecast Period | 2024-2028 |
| Market Size 2022 | USD 2,103 Million |
| Market Size 2028 | USD 2,780 Million |
| CAGR 2023-2028 | 4.5% |
| Fastest Growing Segment | Unsecured Loan |
| Largest Market | Banks |
Dominance of Automotive Loan Will Lead to the Market Growth
The primary motive for consumer loans, according to a GfK study, is to finance a car. For instance, Germany's auto loans account for 56% of all installment loans. Financing for vehicles is widespread. To engage reasonably in daily life, owning a car is still necessary, especially in rural areas. Buying a car is typically so expensive that very few people can do so with their own money or assets. According to the DAT Report 2022, installment loans or loans from auto dealers account for 66% of all new car purchases in Germany.
Additionally, getting a car loan is relatively easy. There are so many options available to borrowers. Direct and car banks are actively pursuing consumers in this market in addition to the traditional banks offering loans. This ensures that the borrowing terms are frequently favorable for borrowers, thus increasing the demand for the loan in Germany.
Booming Online Loans Will Boost The Market Growth
The consumer loan industry is seeing a shifting market environment, and the COVID-19 pandemic has further emphasized the value of online channels. As a result, new technical advancements open up chances for new players and traditional banks face unique difficulties. Additionally, getting a loan online is now very simple. For instance, CrediMaxx organizes corresponding online loans. Borrowers frequently make significant financial savings by contrasting the associated conditions. 37% of installment loans were obtained partially online, i.e., through online applications. Absolute digital users are increasing most rapidly in the banking sector. Customers value banking apps more than branch networks, brands, or counter advice. Thus, increasing digitalization in the banking sector will fuel the Germany loan market.
Purchase of Loan To Finance The Facility Will Fuel The Market Growth
One of many people's most significant developmental phases is purchasing their first home. This component, though, is always accompanied by certain expenses. The price of the furniture and other furnishings customers require can quickly pile up depending on the size of their own four walls and needs. The housing facility is one of the most typical reasons for taking out a loan in Germany because the requisite savings are frequently missing at a young age. A kitchen is often always a necessary expenditure, which also accounts for a sizeable portion, even if some furniture is already present. Currently, 42% of German families use consumer loans to finance purchases for home. Low-interest rates and a lowered inhibition threshold both contribute to the fact that this percentage is rising. Thus, all these factors play an essential role in boosting the Germany loan market.
Market Segmentation:
The Germany Loan Market is segmented based on type, provider type, interest rate, tenure period, region, and competitional landscape. Based on type, the market is further bifurcated into secured and unsecured loans. Based on provider type, the market is segmented into bank, non-banking financial companies, and others (fintech companies). Based on interest rates, the market is segmented into fixed and floating. On the basis of tenure, the market is segmented into less than 5 years, 5-10 years, 11-20 years, and more than 20 years. Based on region, the market is divided into South-West, South-East, North-West, and North-East.
Company Profiles
Deutsche Bank AG, DZ BANK Group, KfW Group, Commerzbank, UniCreditBank AG, LBBW Group, BayernLB Group, NORD/LB, Helaba (Landesbank Hessen-Thuringen) and NRW.BANK are the major players driving the Germany Loan Market.
Report Scope:
In this report, Germany loan market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Germany Loan Market, By Type:
Secured Loan
Unsecured Loan
- Germany Loan Market, By Provider Type:
Bank
Non-Banking Financial Companies
Others
- Germany Loan Market, By Interest Rate:
Fixed
Floating
- Germany Loan Market, By Tenure Period:
Less than 5 Years
5-10 Years
11-20 Years
More than 20 Years
- Germany Loan Market, By Region:
South-West
South-East
North-West
North-East
Competitive Landscape:
Company Profiles: Detailed analysis of the major companies present in Germany loan market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information:
- Detailed analysis and profiling of additional market players (up to five).
Table of Contents
1. Introduction
- 1.1. Product Overview
- 1.2. Key Highlights of the Report
- 1.3. Market Coverage
- 1.4. Market Segments Covered
- 1.5. Research Tenure Considered
2. Research Methodology
- 2.1. Objective of the Study
- 2.2. Baseline Methodology
- 2.3. Key Industry Partners
- 2.4. Major Association and Secondary Sources
- 2.5. Forecasting Methodology
- 2.6. Data Triangulation & Validation
- 2.7. Assumptions and Limitations
3. Executive Summary
- 3.1. Market Overview
- 3.2. Market Forecast
- 3.3. Key Regions
- 3.4. Key Segments
4. Voice of Customer Analysis
- 4.1. Brand Awareness
- 4.2. Factors Influencing Loan Availing Decision
- 4.3. Sources of Information
- 4.4. Challenges Faced
5. Germany Loan Market Outlook
- 5.1. Market Size & Forecast
- 5.1.1. By Value
- 5.2. Market Share & Forecast
- 5.2.1. By Type Market Share Analysis (Secured Loan and Unsecured Loan)
- 5.2.2. By Provider Type Market Share Analysis (Bank, Non-Banking Financial Companies and Others (Fintech Companies))
- 5.2.3. By Interest Rate Market Share Analysis (Fixed and Floating)
- 5.2.4. By Tenure Period Market Share Analysis (Less than 5 Years, 5-10 Years, 11-20 Years, More than 20 Years)
- 5.2.5. By Regional Market Share Analysis
- 5.2.5.1. South-West Market Analysis
- 5.2.5.2. South-East Market Analysis
- 5.2.5.3. North-West Market Analysis
- 5.2.5.4. North-East Market Analysis
- 5.2.6. By Top 5 Companies Market Share Analysis, Others (2022)
- 5.3. Germany Loan Market Mapping & Opportunity Assessment
- 5.3.1. By Type Market Mapping & Opportunity Assessment
- 5.3.2. By Provider Type Market Mapping & Opportunity Assessment
- 5.3.3. By Interest Rate Market Mapping & Opportunity Assessment
- 5.3.4. By Tenure Period Market Mapping & Opportunity Assessment
- 5.3.5. By Regional Market Mapping & Opportunity Assessment
6. Germany Secured Loan Market Outlook
- 6.1. Market Size & Forecast
- 6.1.1. By Value
- 6.2. Market Share & Forecast
- 6.2.1. By Product Type Market Share Analysis (Mortgage Loan, Housing Loan, Auto Loan and Others)
- 6.2.2. By Provider Type Market Share Analysis
- 6.2.3. By Interest Rate Market Share Analysis
- 6.2.4. By Tenure Period Market Share Analysis
7. Germany Unsecured Loan Market Outlook
- 7.1. Market Size & Forecast
- 7.1.1. By Value
- 7.2. Market Share & Forecast
- 7.2.1. By Product Type Market Share Analysis (Personal Loan, Education Loan, Agricultural Loan and Others)
- 7.2.2. By Provider Type Market Share Analysis
- 7.2.3. By Interest Rate Market Share Analysis
- 7.2.4. By Tenure Period Market Share Analysis
8. Market Dynamics
- 8.1. Drivers
- 8.1.1. Rise in potential auto loan buyers
- 8.1.2. Booming online loans
- 8.1.3. Increasing financing facility
- 8.2. Challenges
- 8.2.1. Security concerns
- 8.2.2. Surging competition from NBFCs
9. Impact of COVID-19 on Germany Loan Market
10. Market Trends & Developments
- 10.1. Increasing support of online portals
- 10.2. Rapid urbanization
- 10.3. Attractive marketing strategies
- 10.4. Rising focus towards loan sector by Bank and NBFCs
- 10.5. Increasing support from chatbots
11. Germany Economic Profile
12. Policy & Regulatory Landscape
13. Competitive Landscape
- 13.1. Company Profiles
- 13.1.1. Deutsche Bank AG
- 13.1.1.1. Company Details
- 13.1.1.2. Product & Services
- 13.1.1.3. Financials (As Reported)
- 13.1.1.4. Key market Focus & Geographical Presence
- 13.1.1.5. Recent Developments
- 13.1.1.6. Key Management Personnel
- 13.1.2. DZ BANK Group
- 13.1.2.1. Company Details
- 13.1.2.2. Product & Services
- 13.1.2.3. Financials (As Reported)
- 13.1.2.4. Key market Focus & Geographical Presence
- 13.1.2.5. Recent Developments
- 13.1.2.6. Key Management Personnel
- 13.1.3. KfW Group
- 13.1.3.1. Company Details
- 13.1.3.2. Product & Services
- 13.1.3.3. Financials (As Reported)
- 13.1.3.4. Key market Focus & Geographical Presence
- 13.1.3.5. Recent Developments
- 13.1.3.6. Key Management Personnel
- 13.1.4. Commerzbank
- 13.1.4.1. Company Details
- 13.1.4.2. Product & Services
- 13.1.4.3. Financials (As Reported)
- 13.1.4.4. Key market Focus & Geographical Presence
- 13.1.4.5. Recent Developments
- 13.1.4.6. Key Management Personnel
- 13.1.5. UniCreditBank AG
- 13.1.5.1. Company Details
- 13.1.5.2. Product & Services
- 13.1.5.3. Financials (As Reported)
- 13.1.5.4. Key market Focus & Geographical Presence
- 13.1.5.5. Recent Developments
- 13.1.5.6. Key Management Personnel
- 13.1.6. LBBW Group
- 13.1.6.1. Company Details
- 13.1.6.2. Product & Services
- 13.1.6.3. Financials (As Reported)
- 13.1.6.4. Key market Focus & Geographical Presence
- 13.1.6.5. Recent Developments
- 13.1.6.6. Key Management Personnel
- 13.1.7. BayernLB Group
- 13.1.7.1. Company Details
- 13.1.7.2. Product & Services
- 13.1.7.3. Financials (As Reported)
- 13.1.7.4. Key market Focus & Geographical Presence
- 13.1.7.5. Recent Developments
- 13.1.7.6. Key Management Personnel
- 13.1.8. NORD/LB
- 13.1.8.1. Company Details
- 13.1.8.2. Product & Services
- 13.1.8.3. Financials (As Reported)
- 13.1.8.4. Key market Focus & Geographical Presence
- 13.1.8.5. Recent Developments
- 13.1.8.6. Key Management Personnel
- 13.1.9. Helaba (Landesbank Hessen-Thuringen)
- 13.1.9.1. Company Details
- 13.1.9.2. Product & Services
- 13.1.9.3. Financials (As Reported)
- 13.1.9.4. Key market Focus & Geographical Presence
- 13.1.9.5. Recent Developments
- 13.1.9.6. Key Management Personnel
- 13.1.10. NRW.BANK
- 13.1.10.1. Company Details
- 13.1.10.2. Product & Services
- 13.1.10.3. Financials (As Reported)
- 13.1.10.4. Key market Focus & Geographical Presence
- 13.1.10.5. Recent Developments
- 13.1.10.6. Key Management Personnel
- 13.1.1. Deutsche Bank AG
14. Strategic Recommendations/Action Plan
- 14.1. Key Focus Areas
- 14.2. Target Type
- 14.3. Target Provider Type
15. About Us & Disclaimer
(Note: The companies list can be customized based on the client requirements.)
