Global Factoring Services Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast 2023 to 2030

Description

List of Tables

The global demand for Factoring Services Market is presumed to reach the market size of nearly USD 8883.07 BN by 2030 from USD 3495.22 BN in 2022 with a CAGR of 10.92% under the study period 2023 - 2030.

Factoring Services are a type of financial agreement whereby a company sells its pending bills or invoices at a discounted price to another party to meet cash flow requirements. Pending invoices are common in business; sometimes, companies cannot meet the cash requirements needed to perform day-to-day activities. This method can be termed a short-term business loan that helps medium and small-scale organizations to meet their working capital requirements. Companies utilize this to give salaries to employees and various other works that require cash flow. Factoring services help companies to reduce their overhead expenses and provide protection against bad debts. It covers almost 90 percent of the value of the invoices presented. Factoring services provide financial stability to the companies by safeguarding against payment defaults and debt collection and are viewed as an ideal way of financing.

MARKET DYNAMICS:

The factoring services market shows a favorable growth rate during the forecast period. The popularity of the concept of open account financing, whereby the commodities are shipped and delivered before the due date of payment, and the growing utilization of factoring as an alternative source of financing by SMEs to meet their immediate cash requirements are the prime drivers of growth of the market. Now factoring services integrate modern technology into their services and will show remarkable growth during the targeted period. The introduction of upfront cash by factoring companies to help businesses to meet the working capital requirements and to minimize the credit risks makes them a preferable option in the market. Moreover, factoring companies integrate into their client companies accounting services, so removes a lot of hassle in managing them, thus enabling employees to focus on other important affairs of the business. The processing time of factoring services is faster than a conventional bank loan. So, all these facts will likely increase the demand for these services.

The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of factoring services. The growth and trends of factoring services industry provide a holistic approach to this study.

MARKET SEGMENTATION:

This section of the factoring services market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Category

Domestic
International

By Type

Recourse
Non-Recourse

By Financial Institution

Banks
Non-Banking Financial Institutions

By End-Use

Manufacturing
Transport & Logistics
Information Technology
Healthcare
Construction
Others

REGIONAL ANALYSIS:

This section covers the regional outlook, which accentuates current and future demand for the Factoring Services market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the factoring services market include China Construction Bank Corporation, Deutsche Factoring Bank, Barclays Bank PLC, BNP Paribas, Hitachi Capital (UK) PLC, Eurobank, HSBC Group, ICBC China, Kuke Finance, Mizuho Financial Group Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.

Product Code: VMR11218959

1 . PREFACE

1.1. Report Description
- 1.1.1. Objective
- 1.1.2. Target Audience
- 1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
- 1.3.1. Market Research Process
- 1.3.2. Market Research Methodology

2 . EXECUTIVE SUMMARY

2.1. Highlights of Market
2.2. Global Market Snapshot

3 . FACTORING SERVICES - INDUSTRY ANALYSIS

3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter's Five Force Analysis
3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Category
- 3.7.2 Market Attractiveness Analysis By Type
- 3.7.3 Market Attractiveness Analysis By Financial Institution
- 3.7.4 Market Attractiveness Analysis By End-use
- 3.7.5 Market Attractiveness Analysis By Region

4 . VALUE CHAIN ANALYSIS

4.1. Value Chain Analysis
4.2. Raw Material Analysis
- 4.2.1. List of Raw Materials
- 4.2.2. Raw Material Manufactures List
- 4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
- 4.4.1. Direct Marketing
- 4.4.2. Indirect Marketing
- 4.4.3. Marketing Channel Development Trend

5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK

6 . GLOBAL FACTORING SERVICES MARKET ANALYSIS BY CATEGORY

6.1 Overview by Category
6.2 Historical and Forecast Data
6.3 Analysis by Category
6.4 Domestic Historic and Forecast Sales by Regions
6.5 International Historic and Forecast Sales by Regions

7 . GLOBAL FACTORING SERVICES MARKET ANALYSIS BY TYPE

7.1 Overview by Type
7.2 Historical and Forecast Data
7.3 Analysis by Type
7.4 Recourse Historic and Forecast Sales by Regions
7.5 Non-Recourse Historic and Forecast Sales by Regions

8 . GLOBAL FACTORING SERVICES MARKET ANALYSIS BY FINANCIAL INSTITUTION

8.1 Overview by Financial Institution
8.2 Historical and Forecast Data
8.3 Analysis by Financial Institution
8.4 Banks Historic and Forecast Sales by Regions
8.5 Non-Banking Financial Institutions Historic and Forecast Sales by Regions

9 . GLOBAL FACTORING SERVICES MARKET ANALYSIS BY END-USE

9.1 Overview by End-use
9.2 Historical and Forecast Data
9.3 Analysis by End-use
9.4 Manufacturing Historic and Forecast Sales by Regions
9.5 Transport & Logistics Historic and Forecast Sales by Regions
9.6 Information Technology Historic and Forecast Sales by Regions
9.7 Healthcare Historic and Forecast Sales by Regions
9.8 Construction Historic and Forecast Sales by Regions
9.9 Others Historic and Forecast Sales by Regions

10 . GLOBAL FACTORING SERVICES MARKET ANALYSIS BY GEOGRAPHY

10.1. Regional Outlook
10.2. Introduction
10.3. North America Sales Analysis
- 10.3.1. Overview, Historic and Forecast Sales Analysis
- 10.3.2. North America By Segment Sales Analysis
- 10.3.3. North America By Country Sales Analysis
- 10.3.4. United State Sales Analysis
- 10.3.5. Canada Sales Analysis
- 10.3.6. Mexico Sales Analysis
10.4. Europe Sales Analysis
- 10.4.1. Overview, Historic and Forecast Sales Analysis
- 10.4.2. Europe by Segment Sales Analysis
- 10.4.3. Europe by Country Sales Analysis
- 10.4.4. United Kingdom Sales Analysis
- 10.4.5. France Sales Analysis
- 10.4.6. Germany Sales Analysis
- 10.4.7. Italy Sales Analysis
- 10.4.8. Russia Sales Analysis
- 10.4.9. Rest Of Europe Sales Analysis
10.5. Asia Pacific Sales Analysis
- 10.5.1. Overview, Historic and Forecast Sales Analysis
- 10.5.2. Asia Pacific by Segment Sales Analysis
- 10.5.3. Asia Pacific by Country Sales Analysis
- 10.5.4. China Sales Analysis
- 10.5.5. India Sales Analysis
- 10.5.6. Japan Sales Analysis
- 10.5.7. South Korea Sales Analysis
- 10.5.8. Australia Sales Analysis
- 10.5.9. Rest Of Asia Pacific Sales Analysis
10.6. Latin America Sales Analysis
- 10.6.1. Overview, Historic and Forecast Sales Analysis
- 10.6.2. Latin America by Segment Sales Analysis
- 10.6.3. Latin America by Country Sales Analysis
- 10.6.4. Brazil Sales Analysis
- 10.6.5. Argentina Sales Analysis
- 10.6.6. Peru Sales Analysis
- 10.6.7. Chile Sales Analysis
- 10.6.8. Rest of Latin America Sales Analysis
10.7. Middle East & Africa Sales Analysis
- 10.7.1. Overview, Historic and Forecast Sales Analysis
- 10.7.2. Middle East & Africa by Segment Sales Analysis
- 10.7.3. Middle East & Africa by Country Sales Analysis
- 10.7.4. Saudi Arabia Sales Analysis
- 10.7.5. UAE Sales Analysis
- 10.7.6. Israel Sales Analysis
- 10.7.7. South Africa Sales Analysis
- 10.7.8. Rest Of Middle East And Africa Sales Analysis

11 . COMPETITIVE LANDSCAPE OF THE FACTORING SERVICES COMPANIES

11.1. Factoring Services Market Competition
11.2. Partnership/Collaboration/Agreement
11.3. Merger And Acquisitions
11.4. New Product Launch
11.5. Other Developments

12 . COMPANY PROFILES OF FACTORING SERVICES INDUSTRY

12.1. Top Company Share Analysis
12.2. Market Concentration Rate
12.3. China Construction Bank Corporation
- 12.3.1. Company Overview
- 12.3.2. Company Revenue
- 12.3.3. Products
- 12.3.4. Recent Developments
12.4. Deutsche Factoring Bank
- 12.4.1. Company Overview
- 12.4.2. Company Revenue
- 12.4.3. Products
- 12.4.4. Recent Developments
12.5. Barclays Bank PLC
- 12.5.1. Company Overview
- 12.5.2. Company Revenue
- 12.5.3. Products
- 12.5.4. Recent Developments
12.6. BNP Paribas
- 12.6.1. Company Overview
- 12.6.2. Company Revenue
- 12.6.3. Products
- 12.6.4. Recent Developments
12.7. Hitachi Capital (UK) PLC
- 12.7.1. Company Overview
- 12.7.2. Company Revenue
- 12.7.3. Products
- 12.7.4. Recent Developments
12.8. Eurobank
- 12.8.1. Company Overview
- 12.8.2. Company Revenue
- 12.8.3. Products
- 12.8.4. Recent Developments
12.9. HSBC Group
- 12.9.1. Company Overview
- 12.9.2. Company Revenue
- 12.9.3. Products
- 12.9.4. Recent Developments
12.10. ICBC China
- 12.10.1. Company Overview
- 12.10.2. Company Revenue
- 12.10.3. Products
- 12.10.4. Recent Developments
12.11. Kuke Finance
- 12.11.1. Company Overview
- 12.11.2. Company Revenue
- 12.11.3. Products
- 12.11.4. Recent Developments
12.12. Mizuho Financial Group Inc.
- 12.12.1. Company Overview
- 12.12.2. Company Revenue
- 12.12.3. Products
- 12.12.4. Recent Developments

Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies