Buy the full study
Summary
to understand this market
Detailed content
Inforamtion
- Number of pages : 30 pages
- Format : Digital and PDF versions
- Last update : 17/08/2022
Summary and extracts
1 Market Overview
1.1 Definition and presentation
Consumer credit is credit granted by a financial institution, either directly or through a dealer, to an individual acting for non-business purposes. Between 200 and 75,000 euros, it is used to finance the purchase of consumer goods (furniture, computers, cars, etc.), with the exception of real estate. There are several forms of consumer credit, and they work on two principles: on the one hand, credit can be assigned to the purchase of a specific good at the time of the contract, so this credit can only be used to pay for the good in question. On the other hand, the credit may be unrestricted, which means that the owner has the option to use the borrowed amount as he or she wishes, either to purchase a consumer good or any other service.
The global consumer credit market has been estimated at $10.7 billion in the year 2020, and is expected to reach a size of $15 billion by 2027, growing at a CAGR of 5 percent over the period.
In Italy, an increase in the overall satisfaction of consumers accessing this form of credit seems to have emerged, thanks to optimal value for money ratios. In addition, satisfaction with the loan offering is also growing, perceived by customers as broader and with more flexible products. Since the beginning of 2021, consumer credit marketing is also recovering from the inflection it suffered due to Covid-19. In particular, a strong recovery can be seen in loans aimed primarily at car and motorcycle purchases, thanks to the boost provided by eco-incentives. In addition, loans for sectors such as furniture, appliances and electronics are also expanding, which have returned to pre-crisis levels.
These types of services are provided by both banks and other financial institutions, but Italians value the performance of their banks more for these loans. However, the main providers of consumer credit services in the Italian jurisdiction are Findomestic, FCA Bank, which offers services for the purchase of FCA group vehicles, and Agos-Ducato.
All our studies are available online in PDF format
Take a look at an example of our research on another market!
Latest news
With Younited, France has a new unicorn - 09/12/2022
- Younited reports revenues of €125 million in 2021
- Company valued at €1.1 billion
- fundraising of €60 million
- Its classic consumer credit business will be profitable by the end of 2022, with a net margin of 20%
- Younited is the latest unicorn to be valued at over €1 billion, following Qonto (€4.4 billion) and Ledger (€1.5 billion)
Companies quoted in this study
This study contains a complete overview of the companies in the market, with the latest figures and news for each company. :
Choosing this study means :
Access to more than 35 hours of work
Our studies are the result of over 35 hours of research and analysis. Using our studies allows you to devote more time and added value to your projects.
Benefit from 6 years' experience and over 1,500 industry reports already produced
Our expertise enables us to produce comprehensive studies in all sectors, including niche and emerging markets.
Our know-how and methodology enable us to produce reports that offer unique value for money.
Access to several thousand articles and paid-for data
Businesscoot has access to all the paid economic press as well as exclusive databases to carry out its market research (over 30,000 articles and private sources).
To enhance our research, our analysts also use web indicators (semrush, trends, etc.) to identify market trends and company strategies. (Consult our paying sources)
Guaranteed support after your purchase
A team dedicated to after-sales service, to guarantee you a high level of satisfaction. +44 238 097 0676
A digital format designed for our users
Not only do you have access to a PDF, but also to a digital version designed for our customers. This version gives you access to sources, data in Excel format and graphics. The content of the study can therefore be easily retrieved and adapted for your specific needs.
Our offers :
the consumer credit market | Italy
- What are the figures on the size and growth of the market?
- What is driving the growth of the market and its evolution?
- What is the positioning of companies in the value chain?
- Data from several dozen databases
5 reports pack (-15%) IT Italy
- 5 reports at €75.6 excluding VAT per study to choose from our Italian catalogue for 12 months
- Save 15% on additional studies purchased
- Choose to be refunded any unused credit at the end of the 12-month period (duration of the pack)
See the terms and conditions of the pack and the refund of unused credit.
Our customer references
They have consulted our studies
Discover the opinions (+500)
Malcolm Vincent
Astoria Finance
Gregoire de Castelnau
Stags Participations
Timothé Huignard
PWC
Paul-Alexis Kebabtchieff
BCG
Aymeric Granet
Publicis Consultant
interviews & case studies
All interviews and case studies (45)
