Factoring Services Market Scope And Analysis

Report Code : TIPRE00039097
Category : Banking, Financial Services, and Insurance

No. of Pages : 150

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Factoring Services Market Analysis, Scope, and Growth by 2031

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Factoring Services Market Report Scope

Report Attribute	Details
Market size in 2023	US$ 3,533.88 Billion
Market Size by 2031	US$ 7,465.70 Billion
Global CAGR (2023 - 2031)	9.8%
Historical Data	2021-2023
Forecast period	2023-2031
Segments Covered	By End-use Transport & Logistics Information Technology Manufacturing Healthcare Construction
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	altLINE ICBC China Barclays Bank PLC Deutsche Factoring Bank BNP Paribas Eurobank Hitachi Capital UK PLC Factor Funding Co HSBC Group ICBC China

The "Factoring Services Market Analysis" was carried out based on card type and geography. In terms of card type, the market is segmented into signature, platinum, gold, and others. Based on geography, the market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South America.

Factoring Services

Market News and Recent Developments

Companies adopt inorganic and organic strategies such as mergers and acquisitions in the Factoring services market. A few recent key market developments are listed below:

In March 2023, BNP Paribas entered into partnered with Hokodo to launch a BNPL (Buy now, Pay Later) platform. Large international establishments will be able to deliver their business customers with payment selections through this platform, which makes usage of the B2B BNPL platform from Hokodo and the detailed knowledge and financial steadiness of BNP Paribas. Hokodo and BNP Paribas deliver this leading-edge buy now, pay later feature by employing the best of their cash management and factoring skills.

(Source: BNP Paribas, Company Website)

Factoring Services

Market Report Coverage & Deliverables

The market report "Factoring Services Market Size and Forecast (2021–2031)" provides a detailed analysis of the market covering below areas-

Market size & forecast at global, regional, and country levels for all the key market segments covered under the scope.
Market dynamics such as drivers, restraints, and key opportunities.
Key future trends.
Detailed PEST & SWOT analysis
Global and regional market analysis covering key market trends, key players, regulations, and recent market developments.
Industry landscape and competition analysis covering market concentration, heat map analysis, key players, and recent developments.
Detailed company profiles.