Latest Report Update: Aug 20, 2021

Southern Asia - Cards Incorporating An Electronic Integrated Circuit (Smart Card) - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service, Privacy Policy and Licenses. We'll occasionally send you account related emails.

Southern Asia: Smart Card Market Overview 2021

Smart Card Market Size in Southern Asia

For the third year in a row, the South Asian smart card market recorded decline in sales value, which decreased by -X% to $X in 2020. Over the period under review, consumption recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. As a result, consumption attained the peak level of $X. from 2018 to 2020, the growth of the market failed to regain the momentum.

Smart Card Production in Southern Asia

In value terms, smart card production totaled $X in 2020 estimated in export prices. Overall, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X% y-o-y. As a result, production reached the peak level of $X. from 2018 to 2020, production growth failed to regain the momentum.

Production By Country in Southern Asia

India (X units) remains the largest smart card producing country in Southern Asia, comprising approx. X% of total volume. Moreover, smart card production in India exceeded the figures recorded by the second-largest producer, Pakistan (X units), threefold. The third position in this ranking was occupied by Bangladesh (X units), with a X% share.

In India, smart card production increased at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Pakistan (+X% per year) and Bangladesh (-X% per year).

Smart Card Exports

Exports in Southern Asia

In 2020, the amount of cards incorporating an electronic integrated circuit (smart card) exported in Southern Asia shrank to X units, waning by -X% on the previous year. In general, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. Over the period under review, exports attained the peak figure at X units in 2016; however, from 2017 to 2020, exports failed to regain the momentum.

In value terms, smart card exports amounted to $X in 2020. Overall, exports, however, posted a resilient expansion. The growth pace was the most rapid in 2009 when exports increased by X% y-o-y. Over the period under review, exports hit record highs at $X in 2012; however, from 2013 to 2020, exports stood at a somewhat lower figure.

Exports by Country

India dominates smart card exports structure, reaching X units, which was near X% of total exports in 2020. Sri Lanka (X units) followed a long way behind the leaders.

From 2007 to 2020, average annual rates of growth with regard to smart card exports from India stood at +X%. At the same time, Sri Lanka (+X%) displayed positive paces of growth. Moreover, Sri Lanka emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +X% from 2007-2020. Sri Lanka (+X p.p.) significantly strengthened its position in terms of the total exports, while India saw its share reduced by -X% from 2007 to 2020, respectively.

In value terms, India ($X) remains the largest smart card supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was occupied by Sri Lanka ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value in India totaled +X%.

Export Prices by Country

The smart card export price in Southern Asia stood at $X per unit in 2020, increasing by X% against the previous year. In general, the export price, however, continues to indicate a abrupt descent. Over the period under review, export prices reached the maximum at $X per unit in 2007; however, from 2008 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was India ($X per unit), while Sri Lanka stood at $X per unit.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by India.

Smart Card Imports

Imports in Southern Asia

In 2020, smart card imports in Southern Asia shrank to X units, falling by -X% compared with 2019 figures. Overall, imports, however, recorded a strong expansion. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X units in 2016; however, from 2017 to 2020, imports failed to regain the momentum.

In value terms, smart card imports dropped dramatically to $X in 2020. Over the period under review, imports, however, posted a notable increase. The pace of growth was the most pronounced in 2008 when imports increased by X% y-o-y. The level of import peaked at $X in 2012; however, from 2013 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Bangladesh was the key importer of cards incorporating an electronic integrated circuit (smart card) in Southern Asia, with the volume of imports reaching X units, which was approx. X% of total imports in 2020. India (X units) held the second position in the ranking, distantly followed by Sri Lanka (X units) and Pakistan (X units). All these countries together took approx. X% share of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Sri Lanka, while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X), Bangladesh ($X) and Sri Lanka ($X) were the countries with the highest levels of imports in 2020, with a combined X% share of total imports.

Bangladesh saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The smart card import price in Southern Asia stood at $X per unit in 2020, shrinking by -X% against the previous year. Over the period under review, the import price showed a abrupt decrease. The pace of growth was the most pronounced in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2007; however, from 2008 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was India ($X per unit), while Sri Lanka ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by India, while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cards incorporating an electronic integrated circuit (smart card) in Southern Asia?
+
India (1.7B units) remains the largest smart card consuming country in Southern Asia, comprising approx. 48% of total volume. Moreover, smart card consumption in India exceeded the figures recorded by the second-largest consumer, Bangladesh (810M units), twofold. The third position in this ranking was occupied by Pakistan (634M units), with a 18% share.
What are the largest producers of cards incorporating an electronic integrated circuit (smart card) in Southern Asia?
+
India (1.8B units) remains the largest smart card producing country in Southern Asia, comprising approx. 62% of total volume. Moreover, smart card production in India exceeded the figures recorded by the second-largest producer, Pakistan (576M units), threefold. The third position in this ranking was occupied by Bangladesh (318M units), with a 11% share.
What are the leading exporters of cards incorporating an electronic integrated circuit (smart card) in Southern Asia?
+
In value terms, India ($76M) remains the largest smart card supplier in Southern Asia, comprising 99% of total exports. The second position in the ranking was occupied by Sri Lanka ($600K), with a 0.8% share of total exports.
What are the leading importers of cards incorporating an electronic integrated circuit (smart card) in Southern Asia?
+
In value terms, India ($60M), Bangladesh ($54M) and Sri Lanka ($14M) appeared to be the countries with the highest levels of imports in 2020, together accounting for 89% of total imports.
What is the average export price for cards incorporating an electronic integrated circuit (smart card) in Southern Asia?
+
The smart card export price in Southern Asia stood at $0.2 per unit in 2020, growing by 9.7% against the previous year.
What is the average import price for cards incorporating an electronic integrated circuit (smart card) in Southern Asia?
+
In 2020, the smart card import price in Southern Asia amounted to $0.1 per unit, which is down by -8.4% against the previous year.

Product coverage:
• Prodcom 26123000 - Smart cards

This report provides an in-depth analysis of the smart card market in Southern Asia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Afghanistan
• Bhutan
• Maldives
• Nepal

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Southern Asia, split by region and country
• Trade (exports and imports) in Southern Asia
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Afghanistan
• Bangladesh
• Bhutan
• India
• Maldives
• Nepal
• Pakistan
• Sri Lanka
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020

Webinar: Global Cement Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global cement market.



Thursday, September 23rd, 2021 @ 04:00 pm ET


Register

Webinar: Global Lithium Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global lithium carbonate market.



Thursday, September 30th, 2021 @ 04:00 pm ET


Register

Webinar: Global Recovered Paper Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global recovered paper market.



Thursday, October 7th, 2021 @ 04:00 pm ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data