News

The global factoring services market size is expected to be worth around US$ 7.01 Trillion by 2030, according to a new report by Vision Research Reports.

The global factoring services market size was valued at US$ 3.50 Trillion in 2020 and is anticipated to grow at a CAGR of 10.4% during forecast period 2021 to 2030.

Get Sample Copy of This Report@https://www.visionresearchreports.com/report/sample/38588

Report Coverage

Growth Factors

 The growth can be attributed to the increasing number of open trade accounts, the expansion of businesses in the Asian market, mainly led by China, the rise in cross-border factoring, and the rapid development of factoring services across the European Union. Moreover, the increasing need for an alternative source of financing for Small and Medium Enterprises (SMEs) has also been driving the market growth. Additionally, the implementation of in factoring solutions is likely to help improve the overall supply chain by reducing operational costs for businesses.

Key Players

• Barclays Bank PLC
• BNP Paribas
• China Construction Bank Corporation
• Deutsche Factoring Bank
• Eurobank
• Hitachi Capital (UK) PLC
• HSBC Group
• ICBC China
• Kuke Finance
• Mizuho Financial Group, Inc.

Market Segmentation

• Category
  • Domestic
  • International
• Type
  • Recourse
  • Non-recourse
• Financial Institution
  • Banks
  • Non-Banking Financial Institutions
• End-use
  • Manufacturing
  • Transport & Logistics
  • Information Technology
  • Healthcare
  • Construction
  • Others
• Regional
  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
    • Italy
  • Asia Pacific
    • China
    • Japan
    • India
    • Singapore
  • Latin America
    • Brazil
    • Mexico
    • Chile
  • MEA

Buy This Premium Research Report, click here@ https://www.visionresearchreports.com/report/cart/38588 or call: +1 9197 992 333