Trade Credit Insurance Market Scope and Analysis by 2031
Trade Credit Insurance Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 14.19 billion |
Market Size by 2031 | US$ 27.56 Billion |
Global CAGR (2023 - 2031) | 8.7% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Enterprise Size
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Trade Credit Insurance Market News and Recent Developments
The trade credit insurance market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the market for trade credit insurance are listed below:
- Coface, a global credit insurer, announced it had opened a branch in New Zealand after receiving approval from the Reserve Bank of New Zealand on April 1. This expansion in a new country is further strengthening the Group's international coverage. (Source: Coface, Press Release, April 2024)
- Chubb collaborated with UK-based Insurtech Cytora for generative AI on insurance claims processing. This collaboration aims to transform Chubb's claims document management by automating the digitization process. (Source: Chubb, Press Release, March 2024)
Trade Credit Insurance Market Report Coverage and Deliverables
The “Trade Credit Insurance Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Trade credit insurance market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Trade credit insurance market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST and SWOT analysis
- Trade credit insurance market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the trade credit insurance market
- Detailed company profiles