"With interest rates on a downward path, demand for loans will remain strong, both for big-ticket purchases and consolidation."
Lewis Cone - Associate Director, Financial Services
Don’t stop at one report. Go for the industry bundle. Mintel’s industry bundles hone in on a specific industry and provides a selection of Mintel’s unparalleled market and consumer insights for deeper and more varied insights.
The UK Financial Services Industry Bundle contains:
Mintel’s bundles ensure the best value for you, providing an extensive overview of your market at an exclusive price. Purchase the bundle to get all three full reports and save 15% on your total order.
Reports can also be purchased individually, simply make your selection before you add to basket.
Gross personal loans lending is expected to have risen by almost a quarter in 2024 and this growth will continue to 2029. Brands that promote strong customer satisfaction should be well-placed to boost the appeal of loans.
While 7% of adults owe money on an unsecured personal loan, 13% of UK adults are considering taking one out in the next 12 months. Obtaining the most suitable credit product for a borrower’s situation can help achieve a financial goal or navigate a short-term financial challenge with confidence, whilst not further weakening financial stability.
Those aged under 45 are most keen to borrow in the next year. By highlighting the range of uses for loans, lenders can show an understanding of the challenges this demographic faces, while effectively connecting with younger borrowers’ aspirations.
Despite strong consumer confidence in being accepted for a personal loan, only 43% of consumers trust providers to offer the same interest rates they advertise. Lenders need to improve communications and clearly outline full terms and conditions on websites and other channels to boost trust.
The first Mintel Market Intelligence report was published over 50 years ago. Since then, we have provided our unique insights and understanding of consumers, innovation and global markets to thousands of customers worldwide. Here’s why our customers rely on Mintel:
Curious about how a Market Intelligence report comes together? We like to think of it as building a detailed puzzle. We start with individual pieces: data from consumers, market statistics, industry trends, and online conversations. Then our expert analysts add world-class human insight and industry knowledge. The pieces are assembled to reveal a clear, comprehensive picture of a market.
We use a combination of four main research methods when creating our reports, each adding a valuable perspective:
Each of these four pillars provides a different piece of the puzzle. Consumer research tells us what customers think, desk research provides the factual framework, trade research offers an insider’s view, and social media analysis reveals public sentiment.
Our expert analysts are skilled in weaving these diverse data streams together. They apply a range of quantitative and qualitative analysis techniques to uncover the deeper story, connecting the dots to deliver clear, actionable insights. This comprehensive, multi-layered process is how we transform raw data into a market intelligence report you can trust to inform your most important business decisions.
Whatever your business needs, we have the solution. From market intelligence reports to customised growth strategies.
Learn more
There is no question that Mintel is the go-to resource for the best quality market research, but I did not think it was an affordable option for Abacus Marketing to consider. As a small marketing agency, we only work with a few new clients each year.
However, we have a very high-end consultative approach to our work, so we really do need a partner like Mintel to provide the big agency experience we are always aiming to deliver. Our clients come from an incredibly diverse range of industry sectors, so we obviously need access to market research reports from a very wide spectrum of marketplaces – and that is precisely what we got.
One of the biggest challenges we face is the need to get smart on a business or category real quick.
We are talking to clients who live and breathe their category every day and the expectation is that we will be able to get caught up very quickly, and bring the thinking that can help them.
We need to do that often in a matter of days, so it’s not a small ask. Mintel gives us a very articulate view of category conditions and does so at the speed we need it.
Mintel is really good for getting a handle on a particular category quickly. If we are working on a new business pitch in an area we don’t have much experience in, it’s a brilliant way to get up to speed with what’s going on, what’s changing and what the key trends are in any category.
It’s very rare now that anyone will plough through a 200-page report – that’s why the summaries are really useful. We know they are backed up by a lot of detail, so if you need to go into something in more depth you know the information will be all there for you.
We have such a great working relationship with Mintel on lots of different levels. As an insight partner, they have helped us to develop our business planning in specific categories as well as supporting our creative process but they’ve also been super helpful with facilitating our events in their inspirational offices near St Paul’s.
They’re an innovative company, with a client-focused team that always delivers.
We use Mintel Reports, mostly for financial services and ecommerce markets, plus a few retail and technology ones.
As a leading payments provider, we value additional insights into consumer behaviour, opinions and trends that are shaping the many different markets we operate in. Mintel is a very good and very quick way for us to obtain those insights.
We use Mintel to get a view on where a particular market is going, which can support us in product development and help us identify opportunities or indeed risks, it is a very useful barometer of a market’s potential.
Whatever your business needs, we have the solution. From market intelligence reports to customised growth strategies.
Learn more
