| Product Code: ETC5111734 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Burkina Faso`s import of cards in 2024 continued to be dominated by China, India, and the UAE. The high concentration of the Herfindahl-Hirschman Index (HHI) indicates a limited number of suppliers controlling the market. The Compound Annual Growth Rate (CAGR) for 2020-2024 was negative at -14.88%, with a significant decline in growth rate from 2023 to 2024 at -34.88%. This data suggests a challenging market environment for card imports in Burkina Faso, potentially influenced by various economic factors impacting trade dynamics.

The Cards market in Burkina Faso is projected to grow at a growing growth rate of 9.14% by 2027, within the Africa region led by Egypt, along with other countries like South Africa, Ethiopia, Algeria and Nigeria, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Burkina Faso Cards Market Overview |
3.1 Burkina Faso Country Macro Economic Indicators |
3.2 Burkina Faso Cards Market Revenues & Volume, 2021 & 2031F |
3.3 Burkina Faso Cards Market - Industry Life Cycle |
3.4 Burkina Faso Cards Market - Porter's Five Forces |
3.5 Burkina Faso Cards Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Burkina Faso Cards Market Revenues & Volume Share, By Usage, 2021 & 2031F |
3.7 Burkina Faso Cards Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Burkina Faso Cards Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of digital payment methods in Burkina Faso |
4.2.2 Government initiatives promoting financial inclusion and cashless transactions |
4.2.3 Growing demand for convenient and secure payment solutions |
4.3 Market Restraints |
4.3.1 Limited internet connectivity and access to technology in rural areas |
4.3.2 Concerns regarding cybersecurity and data privacy |
4.3.3 Lack of awareness and trust in card-based transactions among the population |
5 Burkina Faso Cards Market Trends |
6 Burkina Faso Cards Market Segmentations |
6.1 Burkina Faso Cards Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Burkina Faso Cards Market Revenues & Volume, By General Purpose, 2021-2031F |
6.1.3 Burkina Faso Cards Market Revenues & Volume, By Private Label, 2021-2031F |
6.2 Burkina Faso Cards Market, By Usage |
6.2.1 Overview and Analysis |
6.2.2 Burkina Faso Cards Market Revenues & Volume, By General Purpose Re-Loadable Card, 2021-2031F |
6.2.3 Burkina Faso Cards Market Revenues & Volume, By Government Benefit/Disbursement Card, 2021-2031F |
6.2.4 Burkina Faso Cards Market Revenues & Volume, By Payroll Card, 2021-2031F |
6.2.5 Burkina Faso Cards Market Revenues & Volume, By Others, 2021-2031F |
6.3 Burkina Faso Cards Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Burkina Faso Cards Market Revenues & Volume, By Retail Establishments, 2021-2031F |
6.3.3 Burkina Faso Cards Market Revenues & Volume, By Corporate Institutions, 2021-2031F |
6.3.4 Burkina Faso Cards Market Revenues & Volume, By Government, 2021-2031F |
6.3.5 Burkina Faso Cards Market Revenues & Volume, By Financial Institutions, 2021-2031F |
6.3.6 Burkina Faso Cards Market Revenues & Volume, By Others, 2021-2031F |
7 Burkina Faso Cards Market Import-Export Trade Statistics |
7.1 Burkina Faso Cards Market Export to Major Countries |
7.2 Burkina Faso Cards Market Imports from Major Countries |
8 Burkina Faso Cards Market Key Performance Indicators |
8.1 Number of new merchants accepting card payments |
8.2 Growth in the number of active mobile wallet users |
8.3 Increase in the average transaction value for card payments |
8.4 Percentage of population with access to digital financial services |
8.5 Adoption rate of contactless payment technology |
9 Burkina Faso Cards Market - Opportunity Assessment |
9.1 Burkina Faso Cards Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Burkina Faso Cards Market Opportunity Assessment, By Usage, 2021 & 2031F |
9.3 Burkina Faso Cards Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Burkina Faso Cards Market - Competitive Landscape |
10.1 Burkina Faso Cards Market Revenue Share, By Companies, 2024 |
10.2 Burkina Faso Cards Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |