Factoring Market by Type and Geography - Forecast and Analysis 2021-2025

  • Published: Aug 2021
  • Pages: 120
  • SKU: IRTNTR41066
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The factoring market has the potential to grow by USD 1457.01 billion during 2021-2025, and the market’s growth momentum will decelerate at a CAGR of 7.48%.

This factoring market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by type (domestic and international) and geography (Europe, APAC, South America, North America, and MEA). The factoring market report also offers information on several market vendors, including ABS Global Factoring AG, American Receivable, CapitalPlus Construction Services, CreditGate24 (Switzerland) AG, Deutsche Sparkassen Leasing AG and Co. KG, eCapital Corp., Factor Funding Co., New Century Financial Inc., Riviera Finance of Texas Inc., and Universal Funding Corp. among others.

What will the Factoring Market Size be in 2021?

Factoring-Market-Market-Size-2020-2025

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Factoring Market: Key Drivers and Trends

The growing need for alternative sources of financing for MSMEs is notably driving the factoring market growth, although factors such as lack of stringent regulatory framework for debt recovery mechanisms in developing countries may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the factoring industry get your FREE report sample now.

  • The growing need for an alternative source of financing for MSMEs is one of the critical factors that will drive market growth during the forecast period.
  • The provision of factoring in businesses offers working capital loans to help mitigate credit risks by creating dynamic incentives.
  • Factoring has emerged as an upcoming source of finance, especially for MSMEs, in both emerging and developed economies.
  • Receivable financing, bill discounting, and factoring can substitute the prerequisites of working capital financing, in turn, catering to the special needs of MSMEs. 
  • Key factoring market trends, such as the advent of blockchain in factoring services, will drive market growth.
  • Increasing investments in blockchain technology by governments of various countries is a crucial factor expected to drive the integration of blockchain in the BFSI sector.
  • Continuous innovation in terms of blockchain technology will help all stakeholders involved in factoring to reduce their risks. 

This factoring market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Factoring Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • ABS Global Factoring AG
  • American Receivable
  • CapitalPlus Construction Services
  • CreditGate24 (Switzerland) AG
  • Deutsche Sparkassen Leasing AG and Co. KG
  • eCapital Corp.
  • Factor Funding Co.
  • New Century Financial Inc.
  • Riviera Finance of Texas Inc.
  • Universal Funding Corp.

 

The factoring market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the factoring market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for the Factoring Market?

Factoring-Market-Market-Share-by-Region-2020-2025

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60% of the market’s growth will originate from Europe during the forecast period. The UK, France, and Germany are the key markets for factoring in Europe. Market growth in this region will be faster than the growth of the market in North America.

The increasing stability of the economy will facilitate the factoring market growth in Europe over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Type Segments in the Factoring Market?

Factoring-Market-Market-Share-by-Type-2020-2025

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The factoring market share growth by the domestic segment will be significant during the forecast period. In domestic factoring, all the three parties, including the factor, the buyer, and the seller are in the same country and are subject to the same laws and regulations. Domestic factoring provides short-term working capital and cash to MSMEs for sales in their domestic region. With the increase in domestic business in various regions, the domestic factoring market is expected to grow at a faster rate than the international factoring market during the forecast period.

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the factoring market size.

 

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What are the Key Factors Covered in this Factoring Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive factoring market growth during the next five years
  • Precise estimation of the factoring market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the factoring industry across Europe, APAC, South America, North America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of factoring market vendors

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Factoring Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Decelerate at a CAGR of 7.48%

Market growth 2021-2025

$ 1457.01 billion

Market structure

Fragmented

YoY growth (%)

9.97

Regional analysis

Europe, APAC, South America, North America, and MEA

Performing market contribution

Europe at 60%

Key consumer countries

UK, China, France, Germany, and US

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

ABS Global Factoring AG, American Receivable, CapitalPlus Construction Services, CreditGate24 (Switzerland) AG, Deutsche Sparkassen Leasing AG and Co. KG, eCapital Corp., Factor Funding Co., New Century Financial Inc., Riviera Finance of Texas Inc., and Universal Funding Corp.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Type

    • Market segments
    • Comparison by Type
    • Domestic - Market size and forecast 2020-2025
    • International - Market size and forecast 2020-2025
    • Market opportunity by Type

    Customer landscape

    • Customer landscape

    Geographic Landscape

    • Geographic segmentation
    • Geographic comparison
    • Europe - Market size and forecast 2020-2025
    • APAC - Market size and forecast 2020-2025
    • South America - Market size and forecast 2020-2025
    • North America - Market size and forecast 2020-2025
    • MEA - Market size and forecast 2020-2025
    • Key leading countries
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Market trends

    Vendor Landscape

    • Vendor landscape
    • Landscape disruption

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • ABS Global Factoring AG
    • American Receivable
    • CapitalPlus Construction Services
    • CreditGate24 (Switzerland) AG
    • Deutsche Sparkassen Leasing AG and Co. KG
    • eCapital Corp.
    • Factor Funding Co.
    • New Century Financial Inc.
    • Riviera Finance of Texas Inc.
    • Universal Funding Corp.

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

    Research Framework

    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

    TechnavioINFORMATION SOURCES

    Primary sources

    • Manufacturers and suppliers
    • Channel partners
    • Industry experts
    • Strategic decision makers

    Secondary sources

    • Industry journals and periodicals
    • Government data
    • Financial reports of key industry players
    • Historical data
    • Press releases
    Technavio

    TechnavioDATA ANALYSIS

    Data Synthesis

    • Collation of data
    • Estimation of key figures
    • Analysis of derived insights

    Data Validation

    • Triangulation with data models
    • Reference against proprietary databases
    • Corroboration with industry experts
    Technavio

    TechnavioREPORT WRITING

    Qualitative

    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape
    Interested in this report?
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    The factoring market growth will increase by $1308.40 billion during 2019-2024.
    The factoring market is expected to grow at a CAGR of 6.77% during 2019-2024.
    Technavio has segmented the factoring market by type (Domestic factoring and International factoring) ,other 2 (Net pen culture, Floating-cage culture, Pond culture, and Rice field culture) , and geographic (Europe, APAC, South America, and North America).
    Advanon AG, Aldermore Bank Plc, BNP Paribas Cardif, Deutsche Leasing AG, Eurobank Ergasias SA, HSBC Holdings Plc, Mizuho Financial Group Inc., Riviera Finance of Texas Inc., Societe Generale SA, The Southern Banc Co. Inc. are a few of the key vendors in the factoring market.
    Europe will register the highest growth rate of 64.15% among the other regions. Therefore, the factoring market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.
    The key factors driving the factoring market growth are:
    • Growing need for alternative source of financing for MSMEs
    • Application of artificial intelligence and system integration
    The factoring market vendors should focus on grabbing business opportunities from the domestic factoring segment as it accounted for the largest market share in the base year.
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