Global Term Loan Market Size Study, By Type, By Interest Rate, By Provider, and Regional Forecasts 2022-2032

Description

Global Term Loan Market is valued at approximately USD 576.8 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 6.2% over the forecast period 2024-2032. Term loans are structured financial instruments provided by banks and financial institutions to borrowers for specific periods, where the borrower agrees to repay the loan principal along with interest over a set duration. These loans are a fundamental tool for financing significant investments, ranging from business expansions to personal needs such as education, home renovations, and medical expenses. The fixed repayment schedule of term loans allows borrowers to manage their finances effectively, making them a preferred choice for individuals and businesses alike.

The global market for term loans is experiencing robust growth, driven by several factors. The increasing demand for financing to meet personal and business requirements, coupled with the trend towards urbanization and the associated rise in living standards, has led to a surge in term loan applications. Additionally, the integration of advanced technologies such as artificial intelligence (AI) and software solutions in the loan disbursement and management process has revolutionized the lending landscape, making it more accessible and efficient for borrowers. These technologies have enabled faster loan processing times, improved customer experience, and enhanced risk management, further propelling market growth.

However, the term loan market faces challenges that could impede its growth. Stringent scrutiny of borrowers' credit histories by lenders, along with economic uncertainties that may affect repayment capabilities, are significant hurdles. These factors could deter potential borrowers from seeking term loans or result in higher interest rates for those with less favorable credit histories. Nonetheless, the growing demand for short-term loans, which are typically easier to obtain due to the lack of collateral requirements, presents opportunities for market expansion. Furthermore, the rise of fintech companies and online loan platforms is expected to drive the term loan market in the coming years, offering more accessible and flexible loan options to a broader audience.

The key regions considered for the global Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is a dominating region in the term loan Market in terms of revenue. North America, with its well-established financial infrastructure and high demand for personal and business loans, dominates the global market. In contrast, emerging economies in Asia-Pacific and Latin America are witnessing rapid growth in the adoption of term loans, driven by increasing financial literacy, expanding middle-class populations, and the proliferation of digital lending platforms. These regions are expected to contribute significantly to the overall market growth during the forecast period.

Major market players included in this report are:

Bajaj Finserv
Tata Capital Limited
Funding Circle Limited
Social Finance, Inc.
Loans Canada
US Fund Source
Swoop Finance Ltd
Rupee Station Pvt. Ltd.
Cashpal Super Fast Same Day Loans
Compare The Market Limited
BankBazaar.com
Sunshine Loans
Choose Wisely Limited

The detailed segments and sub-segment of the market are explained below:

By Type

Short-term Loans
Intermediate-term Loans
Long-term Loans

By Interest Rate

Fixed Interest Rate
Floating Interest Rate

By Provider

Banks
Financial Institutions
Credit Unions
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Middle East & Africa
Saudi Arabia
South Africa
RoMEA

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. Global Term Loan Market Executive Summary

1.1. Global Term Loan Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Type
- 1.3.2. By Interest Rate
- 1.3.3. By Provider
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Term Loan Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Term Loan Market Dynamics

3.1. Market Drivers
- 3.1.1. Increasing Demand for Financing and Urbanization
- 3.1.2. Adoption of Advanced Technologies in Loan Processing
3.2. Market Challenges
- 3.2.1. Credit History Scrutiny and Economic Uncertainty
3.3. Market Opportunities
- 3.3.1. Growth in Short-term Loans and Fintech Adoption

Chapter 4. Global Term Loan Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Term Loan Market Size & Forecasts by Type 2022-2032

5.1. Segment Dashboard
5.2. Global Term Loan Market: Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. Short-term Loans
- 5.2.2. Intermediate-term Loans
- 5.2.3. Long-term Loans

Chapter 6. Global Term Loan Market Size & Forecasts by Interest Rate 2022-2032

6.1. Segment Dashboard
6.2. Global Term Loan Market: Interest Rate Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. Fixed Interest Rate
- 6.2.2. Floating Interest Rate

Chapter 7. Global Term Loan Market Size & Forecasts by Provider 2022-2032

7.1. Segment Dashboard
7.2. Global Term Loan Market: Provider Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 7.2.1. Banks
- 7.2.2. Financial Institutions
- 7.2.3. Credit Unions
- 7.2.4. Others

Chapter 8. Global Term Loan Market Size & Forecasts by Region 2022-2032

8.1. North America Term Loan Market
- 8.1.1. U.S. Term Loan Market
  - 8.1.1.1. Type breakdown size & forecasts, 2022-2032
  - 8.1.1.2. Interest Rate breakdown size & forecasts, 2022-2032
  - 8.1.1.3. Provider breakdown size & forecasts, 2022-2032
- 8.1.2. Canada Term Loan Market
8.2. Europe Term Loan Market
- 8.2.1. U.K. Term Loan Market
- 8.2.2. Germany Term Loan Market
- 8.2.3. France Term Loan Market
- 8.2.4. Spain Term Loan Market
- 8.2.5. Italy Term Loan Market
- 8.2.6. Rest of Europe Term Loan Market
8.3. Asia-Pacific Term Loan Market
- 8.3.1. China Term Loan Market
- 8.3.2. India Term Loan Market
- 8.3.3. Japan Term Loan Market
- 8.3.4. Australia Term Loan Market
- 8.3.5. South Korea Term Loan Market
- 8.3.6. Rest of Asia-Pacific Term Loan Market
8.4. Latin America Term Loan Market
- 8.4.1. Brazil Term Loan Market
- 8.4.2. Mexico Term Loan Market
- 8.4.3. Rest of Latin America Term Loan Market
8.5. Middle East & Africa Term Loan Market
- 8.5.1. Saudi Arabia Term Loan Market
- 8.5.2. South Africa Term Loan Market
- 8.5.3. Rest of Middle East & Africa Term Loan Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. Bajaj Finserv
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Market Strategies
- 9.3.2. Tata Capital Limited
- 9.3.3. Funding Circle Limited
- 9.3.4. Social Finance, Inc.
- 9.3.5. Loans Canada
- 9.3.6. US Fund Source
- 9.3.7. Swoop Finance Ltd
- 9.3.8. Rupee Station Pvt. Ltd.
- 9.3.9. Cashpal Super Fast Same Day Loans
- 9.3.10. Compare The Market Limited
- 9.3.11. BankBazaar.com
- 9.3.12. Sunshine Loans
- 9.3.13. Choose Wisely Limited

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes