Metal Cards Market Share, Size and Future Projections 2024-30

Overview of the Global Metal Cards Market: Key Statistics and Trends:

According to the latest report by MarkNtel Advisors, titled “Global Metal Cards Market By Type (Banking Cards, [Credit, Debit], Health Insurance Cards, Travel Cards, Loyalty & Rewards Cards), By Material (Stainless Steel, Titanium, Brass,Copper, Gold, Silver, Others (Aluminum, Platinum, etc.)), By Technology (EMV Chip, Near Field Communication (NFC), Magnetic Stripe, Others (Biometric Authentication, RFID)), By End User, (Banking, Financial Services and Insurance (BFSI), Retail & E-Commerce, Travel and Hospitality Companies), Others, The Global Metal Cards Market size is estimated to grow at a CAGR of around 16% during the forecast period, i.e., 2024–30. The report provides a thorough analysis of the market, covering competitor dynamics, regional insights, and a detailed breakdown of industry segments.

Global Metal Cards Market Growth and Scope:

Base Year: 2023

Forecast Period: 2024-30

Historical Data: 2019-22

CAGR (2024-30): 16%

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Global Metal Cards Market Opportunity:

Increasing Sustainability Initiatives to Create Opportunities for Market Growth – The usage of plastic cards in several sectors like transportation, healthcare, retail, and E-commerce for reasons such as transit or travel purposes, medical insurance cards, gift & loyalty cards, etc., has resulted in plastic pollution across the globe. According to the Government of the UK, in 2022, almost 76 million plastic cards were discarded in Britain, causing higher pollution. Similarly, countries like the US, China, etc., are also witnessing environmental challenges since these plastic cards are non-recyclable. As a result, to mitigate these environmental issues, the governments of these countries are taking initiatives to encourage the adoption of metal cards rather than conventional plastic cards. This, in turn, would accentuate the demand for the metal cards.

In addition, consumers are also becoming more environmentally friendly and are consciously seeking to adopt more sustainable alternatives. This transition of consumers towards eco-friendly options would further compel the industry verticals to issue metal cards to consumers, consequently offering a good volume of opportunities for growth & expansion in the coming years.

A Comprehensive Analysis of Leading Companies of Metal Cards Market by MarkNtel Advisors:

• ICK International Inc.

• CompoSecure, L.L.C.

• Thales S.A.

• Idemia Group

• CPI Card Group Inc.

• Goldpac Fintech

• Biosmart

• Giesecke+Devrient GmbH

• Shanghai RSID Solutions Co. Ltd.

• Amatech Global

• Carbon Coskins

• Fiserv Inc.

• Switzer Mfg

• Thames Technology (Paragon ID)

• Tag Systems UK Limited

• Others (Federal Card Services LLC, Swipe Metal, etc.)

Key Metal Cards Market Segmentation:

Explore Our Comprehensive Study: https://www.marknteladvisors.com/research-library/metal-cards-market.html

-By Material

• Stainless Steel

• Titanium

• Brass

• Copper

• Gold

• Silver

• Others (Aluminum, Platinum, etc.)

Stainless steel holds a major share of the metal card industry. The metal cards are generally made up of stainless steel material owing to their physical characteristics like higher durability, resistance to corrosion & rust, and higher structural integrity.

-By End User

• Banking, Financial Services and Insurance (BFSI)

• Government

• Corporate Offices

• Others (Entertainment, Retail & E-Commerce, etc.)

In recent years, the governments of countries like India, the UAE, etc. have increasingly encouraged digitalization in the different industry verticals, especially Banking, Financial Services and Insurance (BFSI), to streamline the transaction processes.

-By Type

• Banking Cards- Market Size & Forecast 2019-2030F, Thousand Units

• Health Insurance Cards- Market Size & Forecast 2019-2030F, Thousand Units

• Travel Cards- Market Size & Forecast 2019-2030F, Thousand Units

• Loyalty & Rewards Cards- Market Size & Forecast 2019-2030F, Thousand Units

-By Technology

• EMV Chip- Market Size & Forecast 2019-2030F, Thousand Units

• Near Field Communication (NFC)- Market Size & Forecast 2019-2030F, Thousand Units

• Magnetic Stripe- Market Size & Forecast 2019-2030F, Thousand Units

• Others (Biometric Authentication, RFID) - Market Size & Forecast 2019-2030F, Thousand Units

Geographical Analysis

-By Region

• North America

• South America

• Europe

• The Middle East & Africa

• Asia-Pacific

North America has the prevalence of several world-class financial institutions, like Bank of America, JPMorgan Chase & Co., etc., that are digitalized.

Key Reports Highlights:

• Market Dimensions & Projections

• Pricing Evaluation,

• Recent Strategic Moves by Companies,

• Primary Stakeholders,

• Analysis of Import and Export Trends,

• Competitive Landscape Assessment,

• Emerging Opportunities,

• Market Trends and Indicators

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Key Advantages of the Report by MarkNtel Advisors:

• Accurate Revenue Projections: The report provides precise revenue estimates for the market and its key sub segments, benefiting both market leaders and new entrants.

• Strategic Insights for Stakeholders: By understanding the competitive landscape, stakeholders can strategically position their businesses and develop effective go-to-market strategies.

• Comprehensive Market Dynamics Analysis: The report offers valuable insights into the key drivers, restraints, challenges, and opportunities within the market, helping stakeholders make well-informed decisions.

Note: If you need additional information not included in the report, we can customize it to suit your requirements.

About Us –

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 160+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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