Charge cards are not currently available in Denmark, with this situation not expected to change over the forecast period.

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Euromonitor International's Charge Card Transactions in Denmark report establishes the size and…

Euromonitor International's Store Card Transactions in Greece 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.

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Prior to the arrival of the COVID-19 pandemic in the Czech Republic, the most common use of debit cards was to gain access to cash via ATMs. However, with the public image of cash having taken something of a knock due to perceptions that it poses a hygiene risk in terms of transmitting the COVID-19 virus, 2020 saw a dramatic shift in the use of debit cards. Instead of using a debit card to withdraw cash from ATM and then using the cash to pay in retail outlets, consumers just skipped the…

Prior to the onset of the COVID-19 pandemic, there was already considerable pressure coming on credit cards in the Czech Republic. Specifically, the country’s leading credit card issuers were re-evaluating their policies of issuing huge numbers of credit cards in an effort to widen their consumer bases. Instead, a period of retrenchment was already in place, with issuers actively reducing their credit card account portfolios, keeping only profitable accounts and closing accounts that were…

Charge cards recorded a negative performance in transactions of value and volume terms over the course of 2020. The main reason for this was the impact of the COVID-19 pandemic on the use of commercial fleet cards, the most common type of charge cards in circulation in the Czech Republic. The interruptions to commercial activities seen in the Czech Republic due to COVID-19 during 2020 and the restrictions placed on the movement of the Czech population for much of the year led to…

As a result of the COVID-19 pandemic, consumer expenditure throughout Russia dropped considerably, with store-based retailing being particularly negatively impacted. Consequently, transaction volume and value fell sharply, following years of already sluggish growth.

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Store cards transaction value and volume were negligible in Malaysia at the end of the review period, and this is expected to remain the case over the forecast period. Consumers continue to view the wider acceptance of credit/debit cards to be an advantage, as store cards can be used only at limited points of purchase.

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Retail demand for soup in Canada has soared in 2020 as a result of lockdown, with many consumers desiring the products for cooking ingredients and as meals on their own. Cooking at home has increased significantly on account of the lockdown and ongoing home seclusion, with soup offering easy-to-make and quick-to-prepare solutions. They are also versatile dishes and therefore consumers with more time to cook can experiment with a variety of soup recipes. Frozen soup and the largest category…

Following seven years of negative value growth figures, soup sees a small growth boost from the conditions in 2020. This is primarily thanks to peaking sales during the COVID-19 lockdown period, with instant soup proving especially popular thanks to its convenience factor. Additionally, soup (except for chilled soup) typically has a long shelf life, which makes it perfect as a stockpiling product. Previously to the uptick seen in 2020, Belgian households have been shunning soup such as…

Volume growth in retail sauces, dressings and condiments has accelerated significantly in 2020, aided by the lockdown closure of restaurants, cafés and other foodservice outlets, as well as by a notable increase in home cooking. In Q1, consumers stockpiled all types of products in this category, even those previously in decline such as mustard. In 2020, more meals have been consumed at home on account of COVID-19 seclusion, with many Canadians working or studying from home, encouraging the…

COVID-19 has a positive impact on the demand for sauces, dressings and condiments in 2020, spurring both value and volume growth. During the lockdown period, households were having more meals at home, coupled with precautionary stockpiling, which led demand for cooking ingredients and table sauces to rise rapidly. In the second half of the period, sales were further boosted by a greater degree of consumers working from home and snacking/cocooning moments.

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With consumers confided to their homes through the lockdown period, which started in March 2020, home cooking increased. This led to a rise in sales of pasta, rice and noodles from retailers, which is predicted to result in value growth of 33% in 2020, compared to recorded growth of 4% in 2019. As such, the category will see the fastest value growth in 2020, with chilled pasta and rice performing particularly well. Dried pasta is also set to perform very well, with the entire category…

On the whole, ready meals has seen accelerated growth in 2020 because of consumers’ response to the lockdown, with stockpiling common amid large numbers of people working and studying from home. The convenient nature of ready meals has been popular among busy families with their normal routines disrupted. Although the foodservice channel for ready meals is small, its closure has been offset by increasing retail sales to supermarkets, warehouse clubs and e-commerce during March and April.…

Compared to the past two years, ready meals is growing at relatively slower paces in 2020, both in volume and value terms. Lockdowns caused by COVID-19 have inspired a level of stockpiling, leading to rising demand for ready meals with longer preservation periods (for example, shelf-stable and frozen), as opposed to chilled alternatives. Chilled ready meals and chilled lunch kits have also suffered from business closures and higher numbers of consumers working from home, as such products…

Stockpiling, panic-purchases and the closure of foodservice outlets is set to result in value growth of 16% for processed meat and seafood in 2020, compared to a recorded value growth of 4% in 2019. Meat substitutes recorded the highest growth; however, shelf stable meat is set to record the biggest difference in year-on-year growth, recording 15% in 2020, compared to a decline in 2019. As many consumers took to stockpiling, they aimed for shelf-stable processed meat and seafood, including…

Due to panic-buying in response to the outbreak of COVID-19, value growth is set to move from 2% in 2019 to a prediction of 14% in 2020. All products in processed fruit and vegetables will see a surge in sales, with frozen processed vegetables and frozen processed potatoes recording the fastest value growth, as consumers were keen to stock up on frozen goods that could be stored in the home. This was especially the case as foodservice closed during the lockdown period, and consumers…

Pre-paid cards was strongly impacted by the COVID-19 pandemic in 2020. All types of pre-paid cards saw a strong decline in usage due to social isolation measures and other restrictions related to outside-home and tourism activities.

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The COVID-19 pandemic that hit parts of China in the early months of 2020 resulted in a slowdown in macroeconomic growth, with a large number of stores closed during local lockdowns. This negatively affected the pre-paid cards that are closely related with such outlets, which will see a marked decline in transaction value over 2020 as a whole.

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Overall consumer expenditure in Russia has been negatively impacted by the widespread decline in demand for services, tourism and foodservice throughout the country and consequent impact on GDP. Consumer payments were already shifting away from cash before the COVID-19 outbreak, in line with ongoing modernisation and government programmes such as the MIR national social payment system. However, one of the major consequences of the pandemic has been an acceleration of this migration from cash…

The COVID-19 pandemic has accelerated migration towards non-cash payments in Russia, predominantly debit cards. Indeed, contactless debit card payments are increasingly becoming the norm throughout the country. However, at the beginning of the outbreak, due to widespread uncertainty, many consumers used debit cards to withdraw money from ATMs. The closure of retail and consumer foodservice outlets and social distancing later resulted in a decline in POS usage during the pandemic. However,…