Trade Credit Insurance Market Size, Segments, and Trends by 2031
Trade Credit Insurance Market: Strategic Insights
Trade Credit Insurance Market
-
CAGR (2023 - 2031)8.7% -
Market Size 2023
US$ 14.19 billion -
Market Size 2031
US$ 27.56 Billion
Market Dynamics
GROWTH DRIVERS
- Surge in Business Insolvencies
- Rise in Inflation and High Interest Rates
- Government Initiatives Supporting MSMEs and SMEs to Adopt Trade Credit Insurance
FUTURE TRENDS
- Development of Cloud-Based Trade Credit Insurance Solutions
OPPORTUNITIES
- Supply Chain Complexities
- Significant Initiatives to Promote AI use in Trade Credit Insurance Solutions
Key Players
- Allianz Trade
- COFACE SA
- American International Group Inc
- Chubb Ltd
- QBE Insurance Group Ltd
- Aon Plc
- Credendo
- Atradius NV
- Zurich Insurance Group AG
- Great American Insurance Company
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Enterprise Size
- Large Enterprises
- SMEs
Application
- International
- Domestic
End User
- Energy
- Automotive
- Aerospace
- Chemicals
- Metals
- Agriculture
- Food and Beverages
- Financial Services
- Technology and Telecommunications
- Transportation