Factoring Market by Type (International Factoring, Non-Notification Factoring, Notification Factoring), Industry (Aerospace & Defense, Automotive & Transportation, Banking, Financial Services & Insurance) - Global Forecast 2024-2030


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Factoring Market by Type (International Factoring, Non-Notification Factoring, Notification Factoring), Industry (Aerospace & Defense, Automotive & Transportation, Banking, Financial Services & Insurance) - Global Forecast 2024-2030


The Factoring Market size was estimated at USD 3.85 trillion in 2023 and expected to reach USD 4.10 trillion in 2024, at a CAGR 7.19% to reach USD 6.26 trillion by 2030.

Global Factoring MarketFactoring is a debtor finance medium where a business sells its invoices or accounts receivables to a third party, called a factor, at a discount. It is an essential tool for providing working capital to businesses that might have cash flow issues due to slow-paying customers or longer sales cycles. The end-users of factoring services are diverse, including small businesses struggling with cash flow gaps due to delayed payments from customers, seasonal businesses requiring funding during peak periods, and fast-growing companies in need of working capital for business expansion. Improved international trade enhances opportunities for factoring companies to address cross-border transaction challenges faced by exporters/importers. However, limited awareness of factoring services among businesses and strict regulatory frameworks aimed at factoring services have impacted their adoption worldwide. Market players are expected to keep up with the changing regulations while ensuring the provision of quality services to expand the market development. They are also leveraging advanced data analytics tools to improve risk assessment and decision-making processes, allowing factors to gain a competitive edge.Regional InsightsIn the Americas, factoring is widely utilized by small to medium-sized enterprises (SMEs) seeking immediate cash flows instead of waiting for invoice payments. Many factoring companies are currently focusing on collaborating with fintech companies to improve efficiency through automation solutions. The Asian market has been experiencing rapid growth in recent years because of increasing trade activities within emerging economies such as India and China. Asia-Pacific is home to smaller factoring businesses and less-established credit histories compared to other regions; however, the region shows potential for new entrants and international player expansion. Europe is among the largest factoring markets globally due to the well-established regulatory framework that promotes more comprehensive credit risk management practices. Factoring service providers in Europe focus on providing tailored solutions considering the unique needs of clients, varying from small single-invoice transactions to comprehensive supply chain finance programs for large-scale buyers and suppliers.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Factoring Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Factoring Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Factoring Market, highlighting leading vendors and their innovative profiles. These include ABN AMRO Group, Aerofund Financial, Inc., American Receivable, Apex Capital Corp., Axiom Bank, N.A., Bluevine Inc. By Fundthrough, BNP Paribas S.A., Breakout Capital, LLC, Canbank Factors Ltd., Capital One Financial Corporation, Catalyst Financial Company, CIT Group Inc., Close Brothers Group PLC, Deutsche Leasing Group, Drip Capital Services India LLP, eCapital, Inc., FactorCloud, Fundbox, Inc., Infusion Funding, LLC, King Trade Capital, New Century Financial, Inc., Nucleus Commercial Finance Ltd., OTR Solutions, Riviera Finance of Texas, Inc., Rosenthal & Rosenthal, RTS Financial Service, Inc., Simplex Group, TAB Bank, TBS Factoring Service, LLC, Triumph Financial, Inc., and Universal Funding Corporation.

Market Segmentation & Coverage

This research report categorizes the Factoring Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
International Factoring
Non-Notification Factoring
Notification Factoring
Industry
Aerospace & Defense
Automotive & Transportation
Banking, Financial Services & Insurance
Building, Construction & Real Estate
Consumer Goods & Retail
Education
Energy & Utilities
Government & Public Sector
Healthcare & Life Sciences
Information Technology
Manufacturing
Media & Entertainment
Telecommunication
Travel & Hospitality
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Factoring Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Factoring Market?
3. What are the technology trends and regulatory frameworks in the Factoring Market?
4. What is the market share of the leading vendors in the Factoring Market?
5. Which modes and strategic moves are suitable for entering the Factoring Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Factoring Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Need for consistent working capital among small & medium size enterprises
5.1.1.2. Rising international trade activities and cross-border transactions
5.1.1.3. Increasing focus on financial risk mitigation across industries
5.1.2. Restraints
5.1.2.1. Impact on the creditworthiness of users and hidden costs of factoring
5.1.3. Opportunities
5.1.3.1. Technological advancements in factoring solutions and services with AI & ML
5.1.3.2. Interest in promoting sustainable business practices through green factoring
5.1.4. Challenges
5.1.4.1. Complexity of factoring agreements and terms & conditions
5.2. Market Segmentation Analysis
5.2.1. Type: Emerging need of factoring to help businesses for managing better working capital management of the businesses
5.2.2. Industry: Exponential penetration of factoring for digital banking and government & public industries to ensure smooth financial operations
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Factoring Market, by Type
6.1. Introduction
6.2. International Factoring
6.3. Non-Notification Factoring
6.4. Notification Factoring
7. Factoring Market, by Industry
7.1. Introduction
7.2. Aerospace & Defense
7.3. Automotive & Transportation
7.4. Banking, Financial Services & Insurance
7.5. Building, Construction & Real Estate
7.6. Consumer Goods & Retail
7.7. Education
7.8. Energy & Utilities
7.9. Government & Public Sector
7.10. Healthcare & Life Sciences
7.11. Information Technology
7.12. Manufacturing
7.13. Media & Entertainment
7.14. Telecommunication
7.15. Travel & Hospitality
8. Americas Factoring Market
8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States
9. Asia-Pacific Factoring Market
9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam
10. Europe, Middle East & Africa Factoring Market
10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom
11. Competitive Landscape
11.1. FPNV Positioning Matrix
11.2. Market Share Analysis, By Key Player
11.3. Competitive Scenario Analysis, By Key Player
11.3.1. Merger & Acquisition
11.3.1.1. Breakout Capital and 12Five Capital Join Forces to Create a Powerhouse in Small Business Lending
11.3.1.2. TAB Bank Completes USD 46 Million Acquisition of BAMFi’s BAM Capital Division
11.3.2. Agreement, Collaboration, & Partnership
11.3.2.1. FactorCloud Announces Partnership with Ansonia Credit Data
11.3.3. New Product Launch & Enhancement
11.3.3.1. Rosenthal & Rosenthal Launches New Recourse Factoring Program
12. Competitive Portfolio
12.1. Key Company Profiles
12.1.1. ABN AMRO Group
12.1.2. Aerofund Financial, Inc.
12.1.3. American Receivable
12.1.4. Apex Capital Corp.
12.1.5. Axiom Bank, N.A.
12.1.6. Bluevine Inc. By Fundthrough
12.1.7. BNP Paribas S.A.
12.1.8. Breakout Capital, LLC
12.1.9. Canbank Factors Ltd.
12.1.10. Capital One Financial Corporation
12.1.11. Catalyst Financial Company
12.1.12. CIT Group Inc.
12.1.13. Close Brothers Group PLC
12.1.14. Deutsche Leasing Group
12.1.15. Drip Capital Services India LLP
12.1.16. eCapital, Inc.
12.1.17. FactorCloud
12.1.18. Fundbox, Inc.
12.1.19. Infusion Funding, LLC
12.1.20. King Trade Capital
12.1.21. New Century Financial, Inc.
12.1.22. Nucleus Commercial Finance Ltd.
12.1.23. OTR Solutions
12.1.24. Riviera Finance of Texas, Inc.
12.1.25. Rosenthal & Rosenthal
12.1.26. RTS Financial Service, Inc.
12.1.27. Simplex Group
12.1.28. TAB Bank
12.1.29. TBS Factoring Service, LLC
12.1.30. Triumph Financial, Inc.
12.1.31. Universal Funding Corporation
12.2. Key Product Portfolio
13. Appendix
13.1. Discussion Guide
13.2. License & Pricing
FIGURE 1. FACTORING MARKET RESEARCH PROCESS
FIGURE 2. FACTORING MARKET SIZE, 2023 VS 2030
FIGURE 3. FACTORING MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. FACTORING MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. FACTORING MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. FACTORING MARKET DYNAMICS
FIGURE 7. FACTORING MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
FIGURE 8. FACTORING MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. FACTORING MARKET SIZE, BY INDUSTRY, 2023 VS 2030 (%)
FIGURE 10. FACTORING MARKET SIZE, BY INDUSTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. AMERICAS FACTORING MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 12. AMERICAS FACTORING MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. UNITED STATES FACTORING MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 14. UNITED STATES FACTORING MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. ASIA-PACIFIC FACTORING MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. ASIA-PACIFIC FACTORING MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. EUROPE, MIDDLE EAST & AFRICA FACTORING MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. EUROPE, MIDDLE EAST & AFRICA FACTORING MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. FACTORING MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 20. FACTORING MARKET SHARE, BY KEY PLAYER, 2023

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