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Trade Finance Market by Trade Finance Instruments and Geography - Forecast and Analysis 2022-2026

  • Published: Sep 2022
  • Pages: 143
  • SKU: IRTNTR40571
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The trade finance market share is expected to increase by USD 12.20 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 4.38%.

This trade finance 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 trade finance market segmentation by trade finance instruments (traditional trade finance, supply chain finance, and structured trade finance) and geography (APAC, Europe, Middle East and Africa, North America, and South America). The trade finance market report also offers information on several market vendors, including Australia and New Zealand Banking Group Ltd., Banco Santander SA, Bank of America Corp., Barclays PLC, BNP Paribas SA, Citigroup Inc., Credit Agricole CIB, Deutsche Bank AG, The Goldman Sachs Group Inc., HSBC Holdings Plc, JPMorgan Chase and Co., Mitsubishi UFJ Financial Group Inc., Morgan Stanley, Societe Generale SA, Standard Chartered PLC, The Bank of New York Mellon Corp., Royal Bank of Scotland plc, UBS Group AG, UniCredit SpA, and Wells Fargo and Co. among others.

What will the Trade Finance Market Size be During the Forecast Period?

Trade Finance Market Size

Download Report Sample to Unlock the Trade Finance Market Size for the Forecast Period and Other Important Statistics

 

Trade Finance Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The growing number of exports is notably driving the trade finance market growth, although factors such as the impact due to trade war may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the trade finance industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Trade Finance Market Driver

One of the key factors driving growth in the trade finance market is the growing number of exports. The rapidly increasing globalization and the reduced strictness on trade barriers by the World Trade Organization (WTO) will lead to an increase in exports across the globe, which, in turn, will lead to the growth of trade finance during the forecast period. During the exports, when shipment left the domestic customs, it can take a significant amount of time in transit before reaching the customer. Trade finance aims to maintain a positive cash-flow cycle during product transit. These vendors also take care of the letter of credit, which is required when products are transported cross border to the buyers. This, in turn, helps in building up trust between the seller and the buyer and facilitates easy trade. Thus, with the growth in exports of products and services, the demand for trade finance will also increase during the forecast period.

Key Trade Finance Market Trend

The incorporation of technology with trade finance is a trade finance market trend that is expected to have a positive impact in the coming years. Technology is an important part of businesses across industries, such as banking, financial services, and insurance (BFSI). Technological innovations, the adoption of automation, and a certain level of standardization have been achieved in trade financing in the last few years. For instance, the bank payment obligation (BPO) is an irreversible undertaking that is given by one bank to pay another bank on the successful matching of a mutually agreed set of data within SWIFT's trade service utility. This reduces manual processes, works as a risk mitigation tool, and helps optimize the working capital of banks.

Key Trade Finance Market Challenge

The impact of trade wars will be a major challenge for the trade finance market during the forecast period. A trade war occurs when two countries act against each other by placing restrictions on the opposing country's imports or raising import tariffs. Trade wars can be a reaction to protectionism, which depends on government policies and actions to restrict international trade. A government of any country usually takes protectionist actions to protect their domestic businesses and jobs from foreign competition. This action can also be taken by governments to reduce or balance trade deficits, i.e., when the country's export value is less than its imports. Also, trade wars can occur if a country feels that its competitor nation is following unfair trading practices.

This trade finance market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global trade finance market as a part of the global specialized consumer services market within the global diversified consumer services market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the trade finance market during the forecast period.

Who are the Major Trade Finance Market Vendors?

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

 

  • Australia and New Zealand Banking Group Ltd.
  • Banco Santander SA
  • Bank of America Corp.
  • Barclays PLC
  • BNP Paribas SA
  • Citigroup Inc.
  • Credit Agricole CIB
  • Deutsche Bank AG
  • The Goldman Sachs Group Inc.
  • HSBC Holdings Plc
  • JPMorgan Chase and Co.
  • Mitsubishi UFJ Financial Group Inc.
  • Morgan Stanley
  • Societe Generale SA
  • Standard Chartered PLC
  • The Bank of New York Mellon Corp.
  • Royal Bank of Scotland plc
  • UBS Group AG
  • UniCredit SpA
  • Wells Fargo and Co.

 

This statistical study of the trade finance market encompasses successful business strategies deployed by the key vendors. The trade finance market is fragmented and the vendors are deploying growth strategies such as investing in advanced technologies and focusing on offering customized solutions to compete in the market.

Product Insights and News

  • bankofamerica.com - The company offers trade finance services such as the Cashpro trade platform.
  • bankofamerica.com - The consumer banking segment operates in Deposits and Consumer Lending activities.

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.

The trade finance market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Trade Finance Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the trade finance market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Trade Finance Market?

Trade Finance Market Share by Geography

For more insights on the market share of various regions Request PDF Sample now!

56% of the market’s growth will originate from APAC during the forecast period. China, South Korea, and Japan are the key markets for trade finance in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The growing support from governments to strengthen trade finance for increasing exports will facilitate the trade finance market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The outbreak of COVID-19 adversely impacted the growth of the market in focus in the region in March 2020. Countries such as India, China, and Bangladesh were severely affected by the pandemic in the region. The outbreak led to a decline in banking operations. However, the rise in the utilization of digital mediums for financial transactions and the initiation of vaccination drives by various countries in the region will enhance the regional business scenario, which, in turn, is expected to result in the growth of the trade finance market in the region during the forecast period.

What are the Revenue-generating Trade Finance Instruments Segments in the Trade Finance Market?

Trade Finance Market Share

To gain further insights on the market contribution of various segments Request PDF Sample

The trade finance market share growth in the traditional trade finance segment will be significant during the forecast period. Traditional trade finance leads to an increase in the cost and complexity of operations for enterprises due to tightening compliance requirements and the introduction of capital rules, such as Basel III. This leads to an increase in margin pressure on enterprises. The vendors are doing so due to growing globalization, which is leading to intense competition and more businesses opting for open account trade. This encourages vendors to offer new trade routes to enterprises. Thus, it will impact the growth of traditional trade finance during the forecast period.

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

 

Trade Finance Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 4.38%

Market growth 2022-2026

$ 12.20 billion

Market structure

Fragmented

YoY growth (%)

3.95

Regional analysis

APAC, Europe, Middle East and Africa, North America, and South America

Performing market contribution

APAC at 56%

Key consumer countries

US, China, Japan, South Korea, UK, and Germany

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Australia and New Zealand Banking Group Ltd., Banco Santander SA, Bank of America Corp., Barclays PLC, BNP Paribas SA, Citigroup Inc., Credit Agricole CIB, Deutsche Bank AG, The Goldman Sachs Group Inc., HSBC Holdings Plc, JPMorgan Chase and Co., Mitsubishi UFJ Financial Group Inc., Morgan Stanley, Societe Generale SA, Standard Chartered PLC, The Bank of New York Mellon Corp., Royal Bank of Scotland plc, UBS Group AG, UniCredit SpA, and Wells Fargo and Co.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the 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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What are the Key Data Covered in this Trade Finance Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive trade finance market growth during the next five years
  • Precise estimation of the trade finance market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the trade finance industry across APAC, Europe, Middle East and Africa, North America, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of trade finance market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Trade Finance Instruments
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Trade Finance Instruments

    • 5.1 Market segments
      • Exhibit 24: Chart on Trade Finance Instruments - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Trade Finance Instruments - Market share 2021-2026 (%)
    • 5.2 Comparison by Trade Finance Instruments
      • Exhibit 26: Chart on Comparison by Trade Finance Instruments
      • Exhibit 27: Data Table on Comparison by Trade Finance Instruments
    • 5.3 Traditional trade finance - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Traditional trade finance - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Traditional trade finance - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Traditional trade finance - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Traditional trade finance - Year-over-year growth 2021-2026 (%)
    • 5.4 Supply chain finance - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Supply chain finance - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Supply chain finance - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Supply chain finance - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Supply chain finance - Year-over-year growth 2021-2026 (%)
    • 5.5 Structured trade finance - Market size and forecast 2021-2026
      • Exhibit 36: Chart on Structured trade finance - Market size and forecast 2021-2026 ($ million)
      • Exhibit 37: Data Table on Structured trade finance - Market size and forecast 2021-2026 ($ million)
      • Exhibit 38: Chart on Structured trade finance - Year-over-year growth 2021-2026 (%)
      • Exhibit 39: Data Table on Structured trade finance - Year-over-year growth 2021-2026 (%)
    • 5.6 Market opportunity by Trade Finance Instruments
      • Exhibit 40: Market opportunity by Trade Finance Instruments ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 42: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 44: Chart on Geographic comparison
      • Exhibit 45: Data Table on Geographic comparison
    • 7.3 APAC - Market size and forecast 2021-2026
      • Exhibit 46: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.4 Europe - Market size and forecast 2021-2026
      • Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.5 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.6 North America - Market size and forecast 2021-2026
      • Exhibit 58: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.7 South America - Market size and forecast 2021-2026
      • Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.8 China - Market size and forecast 2021-2026
      • Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.9 US - Market size and forecast 2021-2026
      • Exhibit 70: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.10 Japan - Market size and forecast 2021-2026
      • Exhibit 74: Chart on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on Japan - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on Japan - Year-over-year growth 2021-2026 (%)
    • 7.11 UK - Market size and forecast 2021-2026
      • Exhibit 78: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 7.12 South Korea - Market size and forecast 2021-2026
      • Exhibit 82: Chart on South Korea - Market size and forecast 2021-2026 ($ million)
      • Exhibit 83: Data Table on South Korea - Market size and forecast 2021-2026 ($ million)
      • Exhibit 84: Chart on South Korea - Year-over-year growth 2021-2026 (%)
      • Exhibit 85: Data Table on South Korea - Year-over-year growth 2021-2026 (%)
    • 7.13 Germany - Market size and forecast 2021-2026
      • Exhibit 86: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 87: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 88: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 89: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.14 Market opportunity by geography
      • Exhibit 90: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 91: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 92: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 93: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 94: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 95: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 96: Matrix on vendor position and classification
            • 10.3 Bank of America Corp.
              • Exhibit 97: Bank of America Corp. - Overview
              • Exhibit 98: Bank of America Corp. - Business segments
              • Exhibit 99: Bank of America Corp. - Key news
              • Exhibit 100: Bank of America Corp. - Key offerings
              • Exhibit 101: Bank of America Corp. - Segment focus
            • 10.4 Barclays PLC
              • Exhibit 102: Barclays PLC - Overview
              • Exhibit 103: Barclays PLC - Business segments
              • Exhibit 104: Barclays PLC - Key news
              • Exhibit 105: Barclays PLC - Key offerings
              • Exhibit 106: Barclays PLC - Segment focus
            • 10.5 BNP Paribas SA
              • Exhibit 107: BNP Paribas SA - Overview
              • Exhibit 108: BNP Paribas SA - Business segments
              • Exhibit 109: BNP Paribas SA - Key offerings
              • Exhibit 110: BNP Paribas SA - Segment focus
            • 10.6 Citigroup Inc.
              • Exhibit 111: Citigroup Inc. - Overview
              • Exhibit 112: Citigroup Inc. - Business segments
              • Exhibit 113: Citigroup Inc. - Key offerings
              • Exhibit 114: Citigroup Inc. - Segment focus
            • 10.7 Credit Agricole CIB
              • Exhibit 115: Credit Agricole CIB - Overview
              • Exhibit 116: Credit Agricole CIB - Business segments
              • Exhibit 117: Credit Agricole CIB - Key offerings
              • Exhibit 118: Credit Agricole CIB - Segment focus
            • 10.8 The Goldman Sachs Group Inc.
              • Exhibit 119: The Goldman Sachs Group Inc. - Overview
              • Exhibit 120: The Goldman Sachs Group Inc. - Business segments
              • Exhibit 121: The Goldman Sachs Group Inc. - Key news
              • Exhibit 122: The Goldman Sachs Group Inc. - Key offerings
              • Exhibit 123: The Goldman Sachs Group Inc. - Segment focus
            • 10.9 HSBC Holdings Plc
              • Exhibit 124: HSBC Holdings Plc - Overview
              • Exhibit 125: HSBC Holdings Plc - Business segments
              • Exhibit 126: HSBC Holdings Plc - Key news
              • Exhibit 127: HSBC Holdings Plc - Key offerings
              • Exhibit 128: HSBC Holdings Plc - Segment focus
            • 10.10 JPMorgan Chase and Co.
              • Exhibit 129: JPMorgan Chase and Co. - Overview
              • Exhibit 130: JPMorgan Chase and Co. - Business segments
              • Exhibit 131: JPMorgan Chase and Co. - Key offerings
              • Exhibit 132: JPMorgan Chase and Co. - Segment focus
            • 10.11 Morgan Stanley
              • Exhibit 133: Morgan Stanley - Overview
              • Exhibit 134: Morgan Stanley - Business segments
              • Exhibit 135: Morgan Stanley - Key offerings
              • Exhibit 136: Morgan Stanley - Segment focus
            • 10.12 Wells Fargo and Co.
              • Exhibit 137: Wells Fargo and Co. - Overview
              • Exhibit 138: Wells Fargo and Co. - Business segments
              • Exhibit 139: Wells Fargo and Co. - Key offerings
              • Exhibit 140: Wells Fargo and Co. - Segment focus

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 141: Inclusions checklist
                • Exhibit 142: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 143: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 144: Research methodology
                • Exhibit 145: Validation techniques employed for market sizing
                • Exhibit 146: Information sources
              • 11.5 List of abbreviations
                • Exhibit 147: 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
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              Trade Finance market growth will increase by $11.25 billion during 2019-2024.
              The trade finance market is expected to grow at a CAGR of 4.33% during 2019-2024.
              Technavio has segmented the trade finance market by other1 (Traditional trade finance, Supply chain finance, Structured trade finance, North America, and South America) and geographic (APAC, Europe, MEA, North America, and South America).
              Banco Santander SA, Bank of America Corp., BNP Paribas SA, Citigroup Inc., Crédit Agricole Group, Goldman Sachs Group Inc., HSBC Holdings Plc, JPMorgan Chase & Co., Morgan Stanley, Wells Fargo & Co. are a few of the key vendors in the trade finance market.
              APAC will register the highest growth rate of 56.36% among the other regions. Therefore, the trade finance market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the trade finance market growth are:
              • Growing number of exports
              • incorporation of technology with trade finance
              The trade finance market vendors should focus on grabbing business opportunities from the traditional trade finance segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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