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Consumer finance market set to reach $14.08 trillion by 2031, Mordor Intelligence projects

The global consumer finance market is projected to expand from $9.87 trillion in 2025 to $14.08 trillion by 2031 at a 6.17% compound annual growth rate, according to Mordor Intelligence. Asia-Pacific commands 43.3% of…

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NewsMV Markets Desk
3 min read
21 July 2026Markets desk
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The global consumer finance market is projected to expand from $9.87 trillion in 2025 to $14.08 trillion by 2031 at a 6.17% compound annual growth rate, according to Mordor Intelligence. Asia-Pacific commands 43.3% of the 2025 base. The first waypoint on the forecast path is $10.44 trillion, the figure the firm assigns to 2026.

The print in detail

Mordor Intelligence, headquartered in Hyderabad, India, published the projections on July 21, 2026. The 2025-to-2026 step alone totals approximately $570 billion. The full six-year expansion from 2025 to 2031 represents roughly $4.21 trillion in projected incremental volume, measured against the $9.87 trillion base.

The 6.17% CAGR is steady across the window rather than front-loaded or back-loaded. These projections originate from Mordor Intelligence as the single named source. No corroborating data from regulators, central banks, or competing research providers appears in the release.

Asia-Pacific as the dominant block

Mordor Intelligence assigns Asia-Pacific a 43.3% share of the 2025 consumer finance market. Applied to the $9.87 trillion base, that puts regional volume at approximately $4.27 trillion. The remaining 56.7% is distributed across other global geographies, though the release provides no further regional breakdown beyond the Asia-Pacific figure.

That concentration means conditions in Asia-Pacific carry a disproportionate influence on the 6.17% aggregate rate. A deceleration specific to that region would register quickly in any annual data that begins to test the Mordor Intelligence projections.

What to watch

The 2026 figure is the first number in the sequence that observable data will eventually reach. Mordor Intelligence puts that figure at $10.44 trillion. When financial regulators and central banks across relevant markets publish annual data, the comparison to that $10.44 trillion estimate becomes the first real test of the forecast. The terminal figure of $14.08 trillion does not arrive on the tape until 2031.

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Filed via prnewswire.com

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Key takeaways

Frequently asked

Who produced these consumer finance market projections?

Mordor Intelligence, a research firm headquartered in Hyderabad, India, published the projections on July 21, 2026, and is the single named source with no corroborating data cited.

How big is the consumer finance market expected to be in 2031?

The market is projected to reach $14.08 trillion by 2031, a figure that does not arrive until that year.

Why is Asia-Pacific so important to this forecast?

Asia-Pacific accounts for 43.3% of the 2025 base, so its concentration gives regional conditions a disproportionate influence on the 6.17% aggregate growth rate.

What is the first real test of the forecast?

The comparison of observable annual data from regulators and central banks against the $10.44 trillion estimate assigned to 2026 will be the first real test of the forecast.

How much growth does the forecast represent between 2025 and 2031?

The six-year expansion represents roughly $4.21 trillion in projected incremental volume measured against the $9.87 trillion base.