Global Invoice Factoring Market Growth (Status and Outlook) 2024-2030
Invoice factoring is a financial transaction in which a business sells its outstanding invoices to a factoring company at a discount in exchange for immediate cash. This process improves the business's cash flow by converting accounts receivable into working capital without waiting for the payment terms of 30, 60, or 90 days. The factoring company assumes the responsibility of collecting the payments from the customers.
The global Invoice Factoring market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.
LPI (LP Information)' newest research report, the “Invoice Factoring Industry Forecast” looks at past sales and reviews total world Invoice Factoring sales in 2022, providing a comprehensive analysis by region and market sector of projected Invoice Factoring sales for 2023 through 2029. With Invoice Factoring sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Invoice Factoring industry.
This Insight Report provides a comprehensive analysis of the global Invoice Factoring landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Invoice Factoring portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Invoice Factoring market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Invoice Factoring and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Invoice Factoring.
United States market for Invoice Factoring is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Invoice Factoring is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Invoice Factoring is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Invoice Factoring players cover altLINE (The Southern Bank Company), Barclays Bank PLC, BNP Paribas, China Construction Bank Corporation, Deutsche Factoring Bank, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Invoice Factoring market by product type, application, key players and key regions and countries.
Segmentation by Type:
Recourse
Non-recourse
Segmentation by Application:
Manufacturing
Transport & Logistics
Information Technology
Healthcare
Construction
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Segmentation by Type:
Recourse
Non-recourse
Segmentation by Application:
Manufacturing
Transport & Logistics
Information Technology
Healthcare
Construction
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
altLINE (The Southern Bank Company)
Barclays Bank PLC
BNP Paribas
China Construction Bank Corporation
Deutsche Factoring Bank
Eurobank
Factor Funding Co.
Hitachi Capital (UK) PLC
HSBC Group
ICBC China
Kuke Finance
Mizuho Financial Group, Inc.
RTS Financial Service, Inc.
Société Générale S.A.
TCI Business Capital
Please note: The report will take approximately 2 business days to prepare and deliver.