Product Code: ETC011608 | Publication Date: Jun 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Chile Wallet market currently, in 2023, has witnessed an HHI of 2266, Which has decreased slightly as compared to the HHI of 2284 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Chile wallet market is expected to grow significantly during the forecast period (2020-2026). This can be attributed to factors such as increasing consumer awareness about digital payment solutions, growing preference for cashless payments, and technological advancements in mobile wallets. Additionally, the introduction of new government initiatives aimed at encouraging digital transactions is also expected to drive market growth. Moreover, the development of advanced security systems integrated with payment applications will further boost the demand for wallets in Chile.
In terms of value share, contactless card-based payments are estimated to dominate the Chilean wallet market by 2026. This can be ascribed to their convenience and ease of use coupled with high penetration among customers due to generous discounts offered by retailers while using them as a mode of payment. Furthermore, NFC technology-enabled cards offer additional benefits over traditional magnetic stripe cards such as improved security and speedier transaction times which have been driving their adoption in recent years.
Moreover, e-wallets are projected to witness significant growth during 2020-2026 owing to their widespread acceptance across various retail stores and online platforms along with features such as loyalty programs that allow users save money on each purchase they make through these services. In addition, increased customer inclination towards efficient modes of payments has been fueling this segments growth globally including Chile thus augmenting its contribution towards overall revenue generation from wallet services during the forecast period (2020-2026).
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Chile Wallet Market Overview |
3.1 Chile Country Macro Economic Indicators |
3.2 Chile Wallet Market Revenues & Volume, 2019 & 2026F |
3.3 Chile Wallet Market - Industry Life Cycle |
3.4 Chile Wallet Market - Porter's Five Forces |
3.5 Chile Wallet Market Revenues & Volume Share, By Product Type, 2019 & 2026F |
3.6 Chile Wallet Market Revenues & Volume Share, By Material, 2019 & 2026F |
3.7 Chile Wallet Market Revenues & Volume Share, By Gender, 2019 & 2026F |
3.8 Chile Wallet Market Revenues & Volume Share, By Distribution Channel, 2019 & 2026F |
4 Chile Wallet Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Chile Wallet Market Trends |
6 Chile Wallet Market, By Types |
6.1 Chile Wallet Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Chile Wallet Market Revenues & Volume, By Product Type, 2016 - 2026F |
6.1.3 Chile Wallet Market Revenues & Volume, By Short Wallet, 2016 - 2026F |
6.1.4 Chile Wallet Market Revenues & Volume, By Long Wallet, 2016 - 2026F |
6.2 Chile Wallet Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Chile Wallet Market Revenues & Volume, By Leather, 2016 - 2026F |
6.2.3 Chile Wallet Market Revenues & Volume, By Fabric, 2016 - 2026F |
6.3 Chile Wallet Market, By Gender |
6.3.1 Overview and Analysis |
6.3.2 Chile Wallet Market Revenues & Volume, By Men, 2016 - 2026F |
6.3.3 Chile Wallet Market Revenues & Volume, By Women, 2016 - 2026F |
6.3.4 Chile Wallet Market Revenues & Volume, By Kids, 2016 - 2026F |
6.4 Chile Wallet Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Chile Wallet Market Revenues & Volume, By Online, 2016 - 2026F |
6.4.3 Chile Wallet Market Revenues & Volume, By Offline, 2016 - 2026F |
7 Chile Wallet Market Import-Export Trade Statistics |
7.1 Chile Wallet Market Export to Major Countries |
7.2 Chile Wallet Market Imports from Major Countries |
8 Chile Wallet Market Key Performance Indicators |
9 Chile Wallet Market - Opportunity Assessment |
9.1 Chile Wallet Market Opportunity Assessment, By Product Type, 2019 & 2026F |
9.2 Chile Wallet Market Opportunity Assessment, By Material, 2019 & 2026F |
9.3 Chile Wallet Market Opportunity Assessment, By Gender, 2019 & 2026F |
9.4 Chile Wallet Market Opportunity Assessment, By Distribution Channel, 2019 & 2026F |
10 Chile Wallet Market - Competitive Landscape |
10.1 Chile Wallet Market Revenue Share, By Companies, 2019 |
10.2 Chile Wallet Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |