The Global Factoring Market is estimated to be USD 3.36 Bn in 2022 and is expected to reach USD 4.75 Bn by 2027, growing at a CAGR of 7.16%.
Market Dynamics
Market dynamics are forces that impact the prices and behaviors of the Global Factoring Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors.
There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals. As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.
Company Profiles
The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are BlueVine Inc, Canbank Factors Ltd, CIT Group Inc, Infusion Funding, LLC, RMP Capital Corp, SBI Global Factors Ltd., United Capital Funding Group LLC, Universal Funding Corp., etc.
Countries Studied
America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)
Competitive Quadrant
The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Ansoff Analysis
The report presents a detailed Ansoff matrix analysis for the Global Factoring Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification.
The matrix is also used for risk analysis to understand the risk involved with each approach. The analyst analyses the Global Factoring Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position. Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.
Why buy this report?
The report offers a comprehensive evaluation of the Global Factoring Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.
Key Topics Covered:
1 Report Description
2 Research Methodology
3 Executive Summary
4 Market Dynamics 4.1 Drivers 4.1.1 Rising Open Account Trade with Accelerating Expansion of Businesses 4.1.2 Rapid Development of Factoring Services and Rise in Cross-Border Factoring 4.1.3 Growing Need for Financing for SMEs 4.2 Restraints 4.2.1 Lack of Upgradation from Old Methods 4.3 Opportunities 4.3.1 Ongoing Development and Implementation of Blockchain Technology 4.3.2 Increasing Use of Digital Platforms for Trade Financing 4.4 Challenges 4.4.1 Strict Laws Limiting Foreign Currency and the Rights of Assignment
5 Market Analysis 5.1 Regulatory Scenario 5.2 Porter's Five Forces Analysis 5.3 Impact of COVID-19 5.4 Ansoff Matrix Analysis
6 Global Factoring Market, By Type 6.1 Introduction 6.2 International Factoring 6.3 Non-notification Factoring 6.4 Notification Factoring
7 Global Factoring Market, By Industry 7.1 Introduction 7.2 Aerospace & Defense 7.3 Automotive & Transportation 7.4 Banking, Financial Services & Insurance 7.5 Government & Public Sector 7.6 Healthcare & Life Sciences 7.7 Information Technology 7.8 Others
8 Americas' Factoring Market 8.1 Introduction 8.2 Argentina 8.3 Brazil 8.4 Canada 8.5 Chile 8.6 Colombia 8.7 Mexico 8.8 Peru 8.9 United States 8.10 Rest of Americas
9 Europe's Factoring Market 9.1 Introduction 9.2 Austria 9.3 Belgium 9.4 Denmark 9.5 Finland 9.6 France 9.7 Germany 9.8 Italy 9.9 Netherlands 9.10 Norway 9.11 Poland 9.12 Russia 9.13 Spain 9.14 Sweden 9.15 Switzerland 9.16 United Kingdom 9.17 Rest of Europe
10 Middle East and Africa's Factoring Market 10.1 Introduction 10.2 Egypt 10.3 Israel 10.4 Qatar 10.5 Saudi Arabia 10.6 South Africa 10.7 United Arab Emirates 10.8 Rest of MEA
11 APAC's Factoring Market 11.1 Introduction 11.2 Australia 11.3 Bangladesh 11.4 China 11.5 India 11.6 Indonesia 11.7 Japan 11.8 Malaysia 11.9 Philippines 11.10 Singapore 11.11 South Korea 11.12 Sri Lanka 11.13 Thailand 11.14 Taiwan 11.15 Rest of Asia-Pacific
12 Competitive Landscape 12.1 Competitive Quadrant 12.2 Market Share Analysis 12.3 Strategic Initiatives 12.3.1 M&A and Investments 12.3.2 Partnerships and Collaborations 12.3.3 Product Developments and Improvements
13 Company Profiles 13.1 AeroFund Financial, Inc. 13.2 American Receivable 13.3 Axiom Bank, N.A. 13.4 BlueVine Inc 13.5 BNP Paribas SA 13.6 Canbank Factors Ltd 13.7 Capital One Financial Corp. 13.8 Catalyst Financial Co. 13.9 CIT Group Inc 13.10 Deutsche Leasing Group 13.11 First-Citizens Bank & Trust Company 13.12 Infusion Funding, LLC 13.13 King Trade Capital 13.14 Mizuho Financial Group 13.15 New Century Financial, Inc 13.16 Riviera Finance of Texas, Inc 13.17 RMP Capital Corp 13.18 RTS Financial Service, Inc 13.19 SBI Global Factors Ltd. 13.20 The Southern Bank Company 13.21 United Capital Funding Group LLC 13.22 Universal Funding Corp.
