The Worldwide Reverse Factoring Market is Projected to reach USD 1041.5 Billion by 2029, at a CAGR of 11.3%

Published Date: 31-May-2023

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Reverse Factoring Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Reverse Factoring Market size is expected to reach $1,041.5 billion by 2029, rising at a market growth of 11.3% CAGR during the forecast period.

The International market is showcasing a CAGR of 16.1% during (2023 - 2029). Due to the increased need for open trade user accounts, particularly from suppliers in developing countries, the international category is anticipated to have significant development. Regardless of their current industry or size, firms involved in international trade must have access to international reverse factoring services.

The Banks market has acquired the maximum revenue share in the Global Reverse Factoring Market by Financial Institution in 2022 thereby, achieving a market value of $798.4 Billion by 2029. The expansion can be ascribed to the growing acceptance of digitization to close existing gaps in a variety of financial services and a shift in focus among banks to provide better customer experiences. Over the course of the forecast period, rising cross-border transactions and high uptake of mobile-based payment systems are anticipated to drive the expansion of the bank segment.

The Transport & Logistics market has shown the high growth rate of 11.7% during (2023 - 2029). Reverse factoring has gained significant traction in the third-party logistics (3PL) and transportation industry recently and is expected to continue to develop in the middle market. Although commercial clients may ask for up to 90 days to pay an invoice, interruptions in invoice fulfillment are something that 3PL professionals are used to.

The Europe market dominated the Global Reverse Factoring Market by Region in 2022 and would continue to be a dominant market till 2029; thereby, achieving a market value of $520.7 Billion by 2029. The Asia Pacific market is poised to grow at a CAGR of 12.1% during (2023 - 2029). Additionally, The North America market would generate a CAGR of 11.5% during (2023 - 2029).

Full Report:

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of HSBC Holdings plc, Barclays PLC, JPMorgan Chase & Co., Banco Bilbao Vizcaya Argentaria SA, Deutsche Factoring Bank GmbH & Co. KG (Deutsche Leasing), Drip Capital Inc., PrimeRevenue, Inc., Trade Finance Global, Tradewind GmbH, and Credit Suisse Group AG.

Global Reverse Factoring Market Segmentation

By Category

  • Domestic
  • International

By Financial Institution

  • Banks
  • Non-banking Financial Institutions

By End-use

  • Manufacturing
  • Transport & Logistics
  • Information Technology
  • Healthcare
  • Construction
  • Others

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Companies Profiled

  • HSBC Holdings plc
  • Barclays PLC
  • JPMorgan Chase & Co.
  • Banco Bilbao Vizcaya Argentaria SA
  • Deutsche Factoring Bank GmbH & Co. KG (Deutsche Leasing)
  • Drip Capital Inc.
  • PrimeRevenue, Inc.
  • Trade Finance Global
  • Tradewind GmbH
  • Credit Suisse Group AG

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Related Reports:

North America Market 2023-2029

Europe Market 2023-2029

Asia Pacific Market 2023-2029

LAMEA Market 2023-2029

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