Debt Collection Agencies in the US - Industry Market Research Report

Debt Collection Agencies in the US

Over the five years to 2019, revenue for the Debt Collection Agencies industry is expected to contract. Overall, the level of debt in the United States has increased slightly during the five-year period as the Federal Reserve raised interest rates several times. This regulatory behavior encourages households to take on more debt while rates are still relatively low. However, rates are expected to plateau and remain at historically low levels. Over the five years to 2024, aggregate household debt is expected to increase. However, IBISWorld forecasts that only the largest establishments will be able to take advantage of these opportunities, as rising regulatory costs will limit the number of smaller operators entering the industry.

The Debt Collection Agencies industry comprises businesses that pursue payments on debts owed by individuals and businesses. Most collection agencies operate as agents of creditors and render their services for a fee or percentage of the total amount owed. Other agencies purchase debt portfolios from creditors at a discount and then pursue outstanding balances for their own gain.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.


TABLE OF CONTENTS

ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

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