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Global Trade Finance Market 2023 by Company, Regions, Type and Application, Forecast to 2029

Trade finance signifies financing for trade, and it concerns both domestic and international trade transactions. A trade transaction requires a seller of goods and services as well as a buyer. Various intermediaries such as banks and financial institutions can facilitate these transactions by financing the trade. While a seller (or exporter) can require the purchaser (an importer) to prepay for goods shipped, the purchaser (importer) may wish to reduce risk by requiring the seller to document the goods that have been shipped. Banks may assist by providing various forms of support. For example, the importer's bank may provide a letter of credit to the exporter (or the exporter's bank) providing for payment upon presentation of certain documents, such as a bill of lading. The exporter's bank may make a loan (by advancing funds) to the exporter on the basis of the export contract. Other forms of trade finance can include Documentary Collection, Trade Credit Insurance, Finetrading, Factoring or forfaiting. Some forms are specifically designed to supplement traditional financing. Secure trade finance depends on verifiable and secure tracking of physical risks and events in the chain between exporter and importer. The advent of new information and communication technologies allows the development of risk mitigation models which have developed into advance finance models. This allows very low risk of advance payment given to the Exporter, while preserving the Importer's normal payment credit terms and without burdening the importer's balance sheet. As trade transactions become more flexible and increase in volume, demand for these technologies has grown. According to our (Global Info Research) latest study, the global Trade Finance market size was valued at USD 8246120 million in 2022 and is forecast to a readjusted size of USD 11733540 million by 2029 with a CAGR of 5.2% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. The key players include BNP Paribas, Bank of China, Citigroup Inc, China Exim Bank, ICBC, JPMorgan Chase & Co, Mizuho Financial Group, Standard Chartered, MUFG, Sumitomo Mitsui Banking Corporation, Credit Agricole, Commerzbank, HSBC, Riyad Bank, Saudi British Bank, ANZ, EBRD, Japan Exim Bank, Banque Saudi Fransi, Afreximbank, AlAhli Bank, Export-Import Bank of India; the Value of top ten manufacturers accounts about 14% of the total Value in 2019. In terms of service types, Trade Finance can be generally divided into Guarantees, Letters of Credit, Documentary Collection, Supply Chain Financing and Factoring. In 2019, the proportion of Letters of Credit is the largest, accounting for about 39%. This report is a detailed and comprehensive analysis for global Trade Finance market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Industry. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided. Key Features: Global Trade Finance market size and forecasts, in consumption value ($ Million), 2018-2029 Global Trade Finance market size and forecasts by region and country, in consumption value ($ Million), 2018-2029 Global Trade Finance market size and forecasts, by Type and by Industry, in consumption value ($ Million), 2018-2029 Global Trade Finance market shares of main players, in revenue ($ Million), 2018-2023 The Primary Objectives in This Report Are: To determine the size of the total market opportunity of global and key countries To assess the growth potential for Trade Finance To forecast future growth in each product and end-use market To assess competitive factors affecting the marketplace This report profiles key players in the global Trade Finance market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include BNP Paribas, Bank of China, Citigroup Inc, China Exim Bank and ICBC, etc. This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence. Market segmentation Trade Finance market is split by Type and by Industry. For the period 2018-2029, the growth among segments provide accurate calculations and forecasts for consumption value by Type and by Industry. This analysis can help you expand your business by targeting qualified niche markets. Market segment by Type Guarantees Letters of Credit Documentary Collection Supply Chain Financing Factoring Market segment by Industry Machinery Energy Food and Consumer Transport Chemical Metals & Non Metallic Minerals Others Market segment by players, this report covers BNP Paribas Bank of China Citigroup Inc China Exim Bank ICBC JPMorgan Chase & Co Mizuho Financial Group Standard Chartered MUFG Sumitomo Mitsui Banking Corporation Credit Agricole Commerzbank HSBC Riyad Bank Saudi British Bank ANZ EBRD Japan Exim Bank Banque Saudi Fransi Afreximbank AlAhli Bank Export-Import Bank of India Market segment by regions, regional analysis covers North America (United States, Canada, and Mexico) Europe (Germany, France, UK, Russia, Italy, and Rest of Europe) Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific) South America (Brazil, Argentina and Rest of South America) Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa) The content of the study subjects, includes a total of 13 chapters: Chapter 1, to describe Trade Finance product scope, market overview, market estimation caveats and base year. Chapter 2, to profile the top players of Trade Finance, with revenue, gross margin and global market share of Trade Finance from 2018 to 2023. Chapter 3, the Trade Finance competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast. Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029. Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Trade Finance market forecast, by regions, type and industry, with consumption value, from 2024 to 2029. Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War Chapter 12, the key raw materials and key suppliers, and industry chain of Trade Finance. Chapter 13, to describe Trade Finance research findings and conclusion.
1 Market Overview 1.1 Product Overview and Scope of Trade Finance 1.2 Market Estimation Caveats and Base Year 1.3 Classification of Trade Finance by Type 1.3.1 Overview: Global Trade Finance Market Size by Type: 2018 Versus 2022 Versus 2029 1.3.2 Global Trade Finance Consumption Value Market Share by Type in 2022 1.3.3 Guarantees 1.3.4 Letters of Credit
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About this Report
Report ID 191077
Category
  • Software and Services
Published on 28-Mar
Number of Pages 124
Publisher Name Global Info Research
Editor Rating
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