We use cookies to improve your experience and for marketing. Read our cookie policy or manage cookies.

Accept essential cookies
Accept all cookies
Report Southern Asia - Cards Incorporating A Magnetic Stripe - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Jan 1, 2025

Southern Asia - Cards Incorporating A Magnetic Stripe - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)
What's the difference?
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Southern Asia: Magnetic Card Market 2025

Magnetic Card Market Size in Southern Asia

The South Asian magnetic card market declined sharply to $X in 2021, which is down by -18.1% against the previous year. Over the period under review, consumption continues to indicate a prominent increase. The level of consumption peaked at $X in 2020, and then shrank sharply in the following year.

Magnetic Card Production in Southern Asia

In value terms, magnetic card production dropped to $X in 2021 estimated in export price. In general, production, however, continues to indicate a significant contraction. The most prominent rate of growth was recorded in 2018 when the production volume increased by 861%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Magnetic Card Exports

Exports in Southern Asia

Magnetic card exports surged to X units in 2021, picking up by 53% on the previous year's figure. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when exports increased by 153% against the previous year. Over the period under review, the exports reached the maximum at X units in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, magnetic card exports soared to $X in 2021. Overall, exports posted prominent growth. The pace of growth appeared the most rapid in 2013 with an increase of 146% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

The biggest shipments were from India (X units), together reaching 100% of total export.

India experienced a relatively flat trend pattern with regard to volume of exports of cards incorporating a magnetic stripe. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest magnetic card supplier in Southern Asia.

In India, magnetic card exports expanded at an average annual rate of +12.2% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Southern Asia amounted to $X per unit, which is down by -23.3% against the previous year. Over the period under review, the export price, however, recorded a resilient expansion. The pace of growth appeared the most rapid in 2018 when the export price increased by 85% against the previous year. The level of export peaked at $X per unit in 2020, and then contracted remarkably in the following year.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2021, the rate of growth in terms of prices for India amounted to +12.2% per year.

Magnetic Card Imports

Imports in Southern Asia

In 2021, approx. X units of cards incorporating a magnetic stripe were imported in Southern Asia; surging by 12% compared with 2020 figures. In general, imports recorded a remarkable increase. The most prominent rate of growth was recorded in 2015 when imports increased by 115%. The volume of import peaked at X units in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, magnetic card imports rose rapidly to $X in 2021. Overall, imports recorded a moderate expansion. The most prominent rate of growth was recorded in 2018 with an increase of 68%. The level of import peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

Pakistan (X units) represented roughly 100% of total imports in 2021.

Pakistan was also the fastest-growing in terms of the cards incorporating a magnetic stripe imports, with a CAGR of +21.6% from 2012 to 2021. From 2012 to 2021, the share of Pakistan increased by +17 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Pakistan ($X) constitutes the largest market for imported cards incorporating a magnetic stripe in Southern Asia.

From 2012 to 2021, the average annual rate of growth in terms of value in Pakistan amounted to +24.6%.

Import Prices by Country

In 2021, the import price in Southern Asia amounted to $X per thousand units, with a decrease of -3.5% against the previous year. Overall, the import price saw a deep setback. The growth pace was the most rapid in 2020 when the import price increased by 22% against the previous year. The level of import peaked at $X per thousand units in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Pakistan.

From 2012 to 2021, the rate of growth in terms of prices for Pakistan amounted to +2.4% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of magnetic card consumption was India, comprising approx. 98% of total volume. It was followed by Pakistan, with a 1.9% share of total consumption.
The country with the largest volume of magnetic card production was India, accounting for 100% of total volume.
In value terms, India remains the largest magnetic card supplier in Southern Asia.
In value terms, Pakistan constitutes the largest market for imported cards incorporating a magnetic stripe in Southern Asia, comprising 76% of total imports. The second position in the ranking was occupied by India, with an 11% share of total imports. It was followed by Sri Lanka, with a 2.5% share.
The magnetic card export price in Southern Asia stood at $0.2 per unit in 2020, waning by -20.1% against the previous year.
The magnetic card import price in Southern Asia stood at $0.4 per unit in 2020, approximately reflecting the previous year.

This report provides an in-depth analysis of the magnetic 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 2030.

Product coverage:

  • Prodcom 26801400 - Cards incorporating a magnetic stripe

Country coverage:

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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Afghanistan
    • Bangladesh
    • Bhutan
    • India
    • Maldives
    • Nepal
    • Pakistan
    • Sri Lanka

  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Imports, In Physical Terms, By Country, 2012–2024
    7. Imports, In Value Terms, By Country, 2012–2024
    8. Import Prices, By Country Of Destination, 2012–2024
    9. Exports, In Physical Terms, By Country, 2012–2024
    10. Exports, In Value Terms, By Country, 2012–2024
    11. Export Prices, By Country Of Origin, 2012–2024

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2024
    18. Production, In Value Terms, 2012–2024
    19. Production, By Country, 2024
    20. Production, In Physical Terms, By Country, 2012–2024
    21. Imports, In Physical Terms, 2012–2024
    22. Imports, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country, 2012–2024
    25. Imports, In Value Terms, By Country, 2012–2024
    26. Import Prices, By Country, 2012–2024
    27. Exports, In Physical Terms, 2012–2024
    28. Exports, In Value Terms, 2012–2024
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country, 2012–2024
    31. Exports, In Value Terms, By Country, 2012–2024
    32. Export Prices, 2012–2024

Recommended reports

Asia - Cards Incorporating A Magnetic Stripe - Market Analysis, Forecast, Size, Trends and Insights
$599
Jan 1, 2025
Eye 250

This report provides an in-depth analysis of the magnetic card market in Asia.

World - Cards Incorporating A Magnetic Stripe - Market Analysis, Forecast, Size, Trends and Insights
$599
Jan 1, 2025
Eye 480

This report provides an in-depth analysis of the global magnetic card market.

EU - Cards Incorporating A Magnetic Stripe - Market Analysis, Forecast, Size, Trends and Insights
$599
Jan 1, 2025
Eye 290

This report provides an in-depth analysis of the magnetic card market in the EU.

U.S. - Cards Incorporating A Magnetic Stripe - Market Analysis, Forecast, Size, Trends and Insights
$599
Jan 1, 2025
Eye 268

This report provides an in-depth analysis of the magnetic card market in the U.S..

China - Cards Incorporating A Magnetic Stripe - Market Analysis, Forecast, Size, Trends and Insights
$599
Jan 1, 2025
Eye 224

This report provides an in-depth analysis of the magnetic card market in China.

Free Data: Cards Incorporating A Magnetic Stripe - Southern Asia
Table
Cards Incorporating A Magnetic Stripe - Southern Asia - Table
Dashboard
Cards Incorporating A Magnetic Stripe - Southern Asia - Dashboard
Report
Cards Incorporating A Magnetic Stripe - Southern Asia - Report