Factoring Market, Global Outlook and Forecast 2023-2030
Factoring is a service of financial nature involving the conversion of credit bill into cash. It is a process or mechanism by which a company generates finance against its receivables. Factoring is asset-based financing in which the factor gives credit by looking at the creditworthiness of the borrower.
This report aims to provide a comprehensive presentation of the global market for Factoring, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Factoring. This report contains market size and forecasts of Factoring in global, including the following market information:
Global Factoring Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global top five companies in 2022 (%)
The global Factoring market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Domestic Factoring Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Factoring include BNP Paribas, Deutsche Factoring Bank, Eurobank, HSBC Group, Mizuho Financial Group, TCI Business Capital, altLINE, Paragon Financial Group and Charter Capital, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Factoring companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Factoring Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global Factoring Market Segment Percentages, by Type, 2022 (%)
Domestic Factoring
International Factoring
Global Factoring Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Factoring Market Segment Percentages, by Application, 2022 (%)
SME
Enterprise
Global Factoring Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Factoring Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Factoring revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Factoring revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
BNP Paribas
Deutsche Factoring Bank
Eurobank
HSBC Group
Mizuho Financial Group
TCI Business Capital
altLINE
Paragon Financial Group
Charter Capital
New Century Financial
Riviera Finance
Universal Funding Corp
Outline of Major Chapters:
Chapter 1: Introduces the definition of Factoring, market overview.
Chapter 2: Global Factoring market size in revenue.
Chapter 3: Detailed analysis of Factoring company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Factoring in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
