How big is the UK Retail Banking Market?

The UK Retail Banking Market size is expected to reach USD 68.77 billion in 2024 and grow at a CAGR of 3.45% to reach USD 81.48 billion by 2029. Read More

What is the current UK Retail Banking Market size?

In 2024, the UK Retail Banking Market size is expected to reach USD 68.77 billion. Read More

Who are the key players in UK Retail Banking Market?

HSBC Bank PLC, Barclays PLC, Royal Bank of Scotland, Lloyds Banking Group and Standard Chartered PLC are the major companies operating in the UK Retail Banking Market. Read More

What years does this UK Retail Banking Market cover, and what was the market size in 2023?

In 2023, the UK Retail Banking Market size was estimated at USD 66.40 billion. The report covers the UK Retail Banking Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the UK Retail Banking Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What factors are driving the growth of the UK Retail Banking Market?

The factors driving the growth of the UK Retail Banking Market are a) Increasing use of electronic devices, such as laptops and smartphones, along with growing internet connectivity, which allows easy access to banking systems b) Favorable government policies on personal loans, low interest rates, and better payment terms offered by companies Read More

UK Retail Banking Market Share

Statistics for the 2023 & 2024 UK Retail Banking market share, created by Mordor Intelligence™ Industry Reports. UK Retail Banking share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of UK Retail Banking Industry

The retail banking market in the United Kingdom is consolidated. The report covers the international retail banking players operating in the United Kingdom. The market features a competitive landscape dominated by major players, including HSBC Bank PLC, Barclays PLC, Royal Bank of Scotland, Lloyds Banking Group, and Standard Chartered PLC. These leading banks hold significant market share. Technological advancements and product innovation are driving the market, reshaping competition and expanding the market share of key players.