by The “Factoring Services Market (By Category: Domestic Factoring and International Factoring; By Type: Recourse Factoring and Non-recourse Factoring; By Application: Small & Medium Enterprise (SMEs) and Large Enterprise) – Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2021 – 2030” report has been added to Precedence Research’s offering.
The global factoring services market size is forecasted to reach from US$ 6.11 billion in 2021 to US$ 12.05 billion by 2030 and is anticipated to grow at compounded annual growth rate (CAGR) of 7.8% from 2021 to 2030.
The report contains 150+ pages with detailed analysis. The base year for the study has been considered 2021, the historic year 2017 and 2020, the forecast period considered is from 2021 to 2030. The factoring services market is analyzed on the basis of value (US$ Million), volume (Unit), and price (US$/Unit).
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Market Overview
The factoring services market study conducted by Precedence Research is intended at helping stakeholders get a comprehensive overview of potential challenges and undiscovered opportunities. The report offers exclusive insights to help companies make informed decision to sustain growth through the assessment period.
Factoring is a financial service in which a company sells its bill receivables at a discount rate to a third party in order to raise funds. It’s not the same as invoice discounting. Invoice discounting is the process of having an invoice discounted at a given rate in order to obtain funds, although factoring is a larger notion. Factoring is the process of selling all account receivables to a third party.
Factoring guarantees a predictable cash flow pattern. The credit department is virtually eliminated with continuous factoring. Because of the distinct advantage of the flexibility that factoring provides to the borrowing firm, receivable financing is gaining popularity as a beneficial form of financing short-term finance requirements of business organizations. The seller’s bills receivables may continue to be funded in a semi-automated manner. If the company’s revenues grow or shrink, the financing can be adjusted accordingly.
Scope of the Factoring Services Market
| Report Coverage | Details |
| Market Size In 2020 | USD 5.7 Billion |
| Revenue Projection by 2030 | USD 12.05 Billion |
| Growth Rate | CAGR of 7.8% From 2021 to 2030 |
| Largest Market | Europe |
| Base Year | 2021 |
| Forecast Period | 2021 to 2030 |
Competitive Landscape Analysis:
Some of the leading companies operating in the factoring services market are profiled in the market study. The report also underscores winning strategies adopted over the last few years and gauges impact of the same on growth trajectory exhibited by the market over the last few years.
Major companies operating in this report are
- The Southern Banc Co. Inc
- Advanon AG
- BNP Paribas Cardiff
- Mizuho Financial Group Inc.
- Deutsche Leasing AG
- Riviera Finance of Texas Inc.
- SocieteGenerale SA
- Eurobank Ergasias SA
- Hitachi Capital PLC
- Triumph Business Capital
Market Segmentation
By Category
- Domestic Factoring
- International Factoring
By Type
- Recourse Factoring
- Non-recourse Factoring
By Application
- Small and Medium Enterprise (SMEs)
- Large Enterprise
Regional Segmentation
– North America (U.S. and Canada)
– Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
– Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
– Latin America (Brazil and Rest of Latin America)
– Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)
Why should you invest in this report?
If you are aiming to enter the global factoring services market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for factoring services are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2030, so that you can plan your strategies to enter this market accordingly.
Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.
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TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Factoring Services Market
5.1. COVID-19 Landscape: Factoring Services Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Factoring Services Market, By Category
8.1. Factoring Services Market, by Category Type, 2021-2030
8.1.1. Domestic Factoring
8.1.1.1. Market Revenue and Forecast (2019-2030)
8.1.2. International Factoring
8.1.2.1. Market Revenue and Forecast (2019-2030)
Chapter 9. Global Factoring Services Market, By Application
9.1. Factoring Services Market, by Application, 2021-2030
9.1.1. Small and Medium Enterprise (SMEs)
9.1.1.1. Market Revenue and Forecast (2019-2030)
9.1.2. Large Enterprise
9.1.2.1. Market Revenue and Forecast (2019-2030)
Chapter 10. Global Factoring Services Market, By Type
10.1. Factoring Services Market, by Type, 2021-2030
10.1.1. Recourse Factoring
10.1.1.1. Market Revenue and Forecast (2019-2030)
10.1.2. Non-recourse Factoring
10.1.2.1. Market Revenue and Forecast (2019-2030)
Chapter 11. Global Factoring Services Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Category (2019-2030)
11.1.2. Market Revenue and Forecast, by Application (2019-2030)
11.1.3. Market Revenue and Forecast, by Type (2019-2030)
11.1.4. U.S.
11.1.4.1. Market Revenue and Forecast, by Category (2019-2030)
11.1.4.2. Market Revenue and Forecast, by Application (2019-2030)
11.1.4.3. Market Revenue and Forecast, by Type (2019-2030)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Forecast, by Category (2019-2030)
11.1.5.2. Market Revenue and Forecast, by Application (2019-2030)
11.1.5.3. Market Revenue and Forecast, by Type (2019-2030)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Category (2019-2030)
11.2.2. Market Revenue and Forecast, by Application (2019-2030)
11.2.3. Market Revenue and Forecast, by Type (2019-2030)
11.2.4. UK
11.2.4.1. Market Revenue and Forecast, by Category (2019-2030)
11.2.4.2. Market Revenue and Forecast, by Application (2019-2030)
11.2.4.3. Market Revenue and Forecast, by Type (2019-2030)
11.2.5. Germany
11.2.5.1. Market Revenue and Forecast, by Category (2019-2030)
11.2.5.2. Market Revenue and Forecast, by Application (2019-2030)
11.2.5.3. Market Revenue and Forecast, by Type (2019-2030)
11.2.6. France
11.2.6.1. Market Revenue and Forecast, by Category (2019-2030)
11.2.6.2. Market Revenue and Forecast, by Application (2019-2030)
11.2.6.3. Market Revenue and Forecast, by Type (2019-2030)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Forecast, by Category (2019-2030)
11.2.7.2. Market Revenue and Forecast, by Application (2019-2030)
11.2.7.3. Market Revenue and Forecast, by Type (2019-2030)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Category (2019-2030)
11.3.2. Market Revenue and Forecast, by Application (2019-2030)
11.3.3. Market Revenue and Forecast, by Type (2019-2030)
11.3.4. India
11.3.4.1. Market Revenue and Forecast, by Category (2019-2030)
11.3.4.2. Market Revenue and Forecast, by Application (2019-2030)
11.3.4.3. Market Revenue and Forecast, by Type (2019-2030)
11.3.5. China
11.3.5.1. Market Revenue and Forecast, by Category (2019-2030)
11.3.5.2. Market Revenue and Forecast, by Application (2019-2030)
11.3.5.3. Market Revenue and Forecast, by Type (2019-2030)
11.3.6. Japan
11.3.6.1. Market Revenue and Forecast, by Category (2019-2030)
11.3.6.2. Market Revenue and Forecast, by Application (2019-2030)
11.3.6.3. Market Revenue and Forecast, by Type (2019-2030)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Forecast, by Category (2019-2030)
11.3.7.2. Market Revenue and Forecast, by Application (2019-2030)
11.3.7.3. Market Revenue and Forecast, by Type (2019-2030)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Category (2019-2030)
11.4.2. Market Revenue and Forecast, by Application (2019-2030)
11.4.3. Market Revenue and Forecast, by Type (2019-2030)
11.4.4. GCC
11.4.4.1. Market Revenue and Forecast, by Category (2019-2030)
11.4.4.2. Market Revenue and Forecast, by Application (2019-2030)
11.4.4.3. Market Revenue and Forecast, by Type (2019-2030)
11.4.5. North Africa
11.4.5.1. Market Revenue and Forecast, by Category (2019-2030)
11.4.5.2. Market Revenue and Forecast, by Application (2019-2030)
11.4.5.3. Market Revenue and Forecast, by Type (2019-2030)
11.4.6. South Africa
11.4.6.1. Market Revenue and Forecast, by Category (2019-2030)
11.4.6.2. Market Revenue and Forecast, by Application (2019-2030)
11.4.6.3. Market Revenue and Forecast, by Type (2019-2030)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Forecast, by Category (2019-2030)
11.4.7.2. Market Revenue and Forecast, by Application (2019-2030)
11.4.7.3. Market Revenue and Forecast, by Type (2019-2030)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Category (2019-2030)
11.5.2. Market Revenue and Forecast, by Application (2019-2030)
11.5.3. Market Revenue and Forecast, by Type (2019-2030)
11.5.4. Brazil
11.5.4.1. Market Revenue and Forecast, by Category (2019-2030)
11.5.4.2. Market Revenue and Forecast, by Application (2019-2030)
11.5.4.3. Market Revenue and Forecast, by Type (2019-2030)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Forecast, by Category (2019-2030)
11.5.5.2. Market Revenue and Forecast, by Application (2019-2030)
11.5.5.3. Market Revenue and Forecast, by Type (2019-2030)
Chapter 12. Company Profiles
12.1. The Southern Banc Co. Inc
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Advanon AG
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. BNP Paribas Cardiff
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Mizuho Financial Group Inc.
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Deutsche Leasing AG
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Riviera Finance of Texas Inc.
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. SocieteGenerale SA
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Eurobank Ergasias SA
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Hitachi Capital PLC
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Triumph Business Capital
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.
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