Overview of the Global Factoring Market to 2026

DUBLIN, October 8, 2021 / PRNewswire / – The “Factoring Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2021-2026” report was added to ResearchAndMarkets.com offer.

The global factoring market has shown moderate growth during the period 2015-2020. Looking ahead, the market is expected to grow at a CAGR of around 6% during 2021-2026. Bearing in mind the uncertainties of COVID-19, the analyst continuously monitors and assesses the direct and indirect influence of the pandemic on different end-use industries. This information is included in the report as a major contributor to the market.

Factoring, or debtor financing, refers to the process of purchasing a debt or invoice from an organization at discounted prices to allow the buyer to make a profit on settlement. It is an asset-based financial agreement between a financial institution, or factor, and the customer, which sets out the terms and conditions of the trade debt exchange. Recourse, non-recourse, disclosure, speech, domestic, export advance, and maturity factoring are some of the commonly adopted forms of the process. They relieve the first part of the debt and provide it with the essential working capital to continue trading, while the buyer, or factor, capitalizes on the profits when the debt is paid.

The significant growth of the banking, financial services and insurance (BFSI) industry is one of the key factors creating a positive impact on the growth of the market. In addition, the increasing demand for alternative sources of finance for micro, small and medium enterprises (MSMEs) is driving the growth of the market. Factoring allows the business to obtain working capital loans and mitigate credit risk. With this in mind, a growing awareness of the benefits of supply chain finance, such as factoring, is also contributing to the growth of the market. Additionally, the advent of blockchain technology and cryptocurrency in factoring services is acting as another growth driver. These advanced solutions automate each invoice with a unique ID for fast financing, full transaction security, and smart contract functionality. Other factors, including the growing use of digital platforms in trade finance, as well as the increase in cross-border business activity, are expected to further drive the market.

Competitive landscape

The report also analyzed the competitive landscape of the market with some of the major players being Advanon AG (CreditGate24 (Schweiz) AG), Aldermore Bank PLC (FirstRand Group), Bluevine Capital Inc., BNP Paribas SA, Deutsche Leasing AG (Deutsche Sparkassen Leasing AG & Co. KG), Eurobank Ergasias SA, HSBC Holdings Plc, Mizuho Financial Group Inc., Société Générale SA and The Southern Banc Company Inc.

Key questions answered in this report

  • How has the global factoring market performed so far and how will it perform in the years to come?
  • What has been the impact of COVID-19 on the global factoring market?
  • What are the main regional markets?
  • What is the market breakdown according to type?
  • What is the market split according to the size of the organization?
  • What is the market split depending on the application?
  • What are the different stages of the industry value chain?
  • What are the main factors and challenges for the industry?
  • What is the structure of the global factoring market and who are the major players?
  • How competitive is the industry?

Main topics covered:

1 Preface

2 Scope and methodology

3 Executive summary

4 Presentation
4.1 Overview
4.2 Key Industry Trends

5 Global factoring market
5.1 Market overview
5.2 Market performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 Market breakdown by type
6.1 International
6.1.1 Market trends
6.1.2 Market Forecast
6.2 Domestic
6.2.1 Market trends
6.2.2 Market Forecast

7 Market breakdown by organization size
7.1 Small and medium-sized enterprises
7.1.1 Market trends
7.1.2 Market Forecast
7.2 Large companies
7.2.1 Market trends
7.2.2 Market Forecast

8 Market breakdown by application
8.1 Transport
8.1.1 Market trends
8.1.2 Market Forecast
8.2 Health
8.2.1 Market trends
8.2.2 Market Forecast
8.3 Construction
8.3.1 Market trends
8.3.2 Market Forecast
8.4 Manufacturing
8.4.1 Market trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market trends
8.5.2 Market Forecast

9 Market breakdown by region

10 SWOT Analysis

11 Value chain analysis

Analysis of the five forces of 12 carriers

13 Price analysis

14 Competitive landscape
14.1 Market structure
14.2 Key players
14.3 Profiles of key players
14.3.1 Advanon AG (CreditGate24 (Schweiz) AG)
14.3.1.1 Company presentation
14.3.1.2 Product portfolio
14.3.2 Aldermore Bank PLC (FirstRand Group)
14.3.2.1 Company overview
14.3.2.2 Product portfolio
14.3.2.3 Finances
14.3.3 Capital Bluevine inc.
14.3.3.1 Company overview
14.3.3.2 Product portfolio
14.3.4 BNP Paribas SA
14.3.4.1 Company overview
14.3.4.2 Product portfolio
14.3.4.3 Finances
14.3.4.4 SWOT Analysis
14.3.5 Deutsche Leasing AG (Deutsche Sparkassen Leasing AG & Co. KG)
14.3.5.1 Company overview
14.3.5.2 Product portfolio
14.3.5.3 Finances
14.3.6 Eurobank Ergasias SA
14.3.6.1 Company overview
14.3.6.2 Product portfolio
14.3.6.3 Finances
14.3.6.4 SWOT Analysis
14.3.7 HSBC Holdings SA
14.3.7.1 Company overview
14.3.7.2 Product portfolio
14.3.7.3 Finances
14.3.7.4 SWOT Analysis
14.3.8 Mizuho Financial Group Inc.
14.3.8.1 Company overview
14.3.8.2 Product portfolio
14.3.8.3 Finances
14.3.8.4 SWOT Analysis
14.3.9 Societe Generale SA
14.3.9.1 Company overview
14.3.9.2 Product portfolio
14.3.9.3 Finances
14.3.9.4 SWOT Analysis
14.3.10 The Banc du Sud Company Inc.
14.3.10.1 Company overview
14.3.10.2 Product portfolio

For more information on this report, visit https://www.researchandmarkets.com/r/653e4x

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About Clara Barnard

Clara Barnard

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