Trade Finance Market 2022-2028

Description

List of Tables

Title:Global Trade Finance Market Size, Share, and Trends Analysis Report, by Type (Letters of Credit, Guarantees, Supply Chain Finance, Factoring, Documentary Collection, and Other), and By Service Providers (Banks, Trade Finance Companies, Insurance Companies, and Others), Forecast Period (2022-2028).

The global trade finance market is anticipated to grow at a CAGR of 7.5% during the forecast period. The integration of blockchain technology in trade finance is generating new opportunities for development in the market. The demand for safety and security in trading activities, as well as a boom in the adoption of trade financing by SMEs, increased competition, and new trade agreements, are also driving the growth of the trade finance market globally.

Further, technological advancement is also supporting the growth of the market. Technologies such as Distributed ledger technology (DLT) allow stakeholders to digitally share accurate and reliable trade information, while smart contracts supported by DLT will allow automated execution of payments on meeting pre-defined conditions in the contract. This report will further analyze all the primary and secondary factors that are directly or indirectly impacting the growth of the market.

The global trade finance market is segmented based on the type and service providers. Based on the type, the market is sub-segmented into letters of credit, guarantees, supply chain finance, factoring, documentary collection, and others. Based on service providers, the market is sub-segmented into banks, trade finance companies, insurance companies, and others. Among these service providers, the banks are the most trusted source for availing trade financing facilities, which is a major factor driving the growth of this segment. These segments can further be customized as per the requested research requirements.

Geographically, the global trade finance market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. The market can also be analyzed for a particular region or country level as per the requirement. The European trade finance market is expected to grow steeply due to the rising geopolitical tensions, such as Brexit, and the war between Ukraine and Russia, which had taken off the interest of investors in risking their funds in this region.

The major companies serving the global trade finance market include BNP Paribas, China Construction Bank, JPMorgan Chase & Co., Mizuho Financial Group, Standard Chartered Bank, Sumitomo Mitsui Banking Corp., and Citi group Inc., among others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, BNP Paribas and JP Morgan back budding FinTech Saphyre with $18.7 million series A funding in March 2022. Saphyre claims that it*allows firms not only to assess risk faster and more*clearly, but*also*to speed*up*their onboarding processes and eliminate 70-75% of redundant or inefficient post-trade activities.

Research Methodology

The market study of the global trade finance market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to break down the market into various segments, and derive the total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macroeconomic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include:

Financial reports of companies involved in the market.

Whitepapers, research papers, and news blogs.

Company websites and their product catalog.

The report provides an in-depth analysis of the market size, and intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

Global Trade Finance Market Research and Analysis by Type.
Global Trade Finance Market Research and Analysis by Service Providers.

The Report Covers:

Comprehensive research methodology of the global trade finance market.
This report also includes a detailed and extensive market overview with key analyst insights.
An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the global trade finance market.
Insights about market determinants that are stimulating the global trade finance market.
Detailed and extensive market segments with the regional distribution of forecasted revenues.
Extensive profiles and recent developments of market players.

Product Code: OMR2026711

1. Report Summary

Current Industry Analysis and Growth Potential Outlook
Impact of COVID-19 on the Global Trade Finance Market
Recovery Scenario of Global Trade Finance Market
1.1. Research Methods and Tools
1.2. Market Breakdown
- 1.2.1. By Segments
- 1.2.2. By Region

2. Market Overview and Insights

2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
- 2.2.1. Key Findings
- 2.2.2. Recommendations
- 2.2.3. Conclusion

3. Competitive Landscape

3.1. Key Company Analysis
- 3.1.1. Overview
- 3.1.2. Financial Analysis
- 3.1.3. SWOT Analysis
- 3.1.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of COVID-19 on Key Players

4. Market Segmentation

4.1. Global Trade Finance Market by Type
- 4.1.1. Letters of Credit
- 4.1.2. Guarantees
- 4.1.3. Supply Chain Finance
- 4.1.4. Factoring
- 4.1.5. Documentary Collection
- 4.1.6. Others
4.2. Global Trade Finance Market by Service Providers
- 4.2.1. Banks
- 4.2.2. Trade Finance Companies
- 4.2.3. Insurance Companies
- 4.2.4. Others

5. Regional Analysis

5.1. North America
- 5.1.1. US
- 5.1.2. Canada
5.2. Europe
- 5.2.1. UK
- 5.2.2. Germany
- 5.2.3. Italy
- 5.2.4. Spain
- 5.2.5. France
- 5.2.6. Rest of Europe
5.3. Asia-Pacific
- 5.3.1. China
- 5.3.2. India
- 5.3.3. Japan
- 5.3.4. Rest of Asia-Pacific
5.4. Rest of the World

6. Company Profiles

6.1. Arab Bank
6.2. BNP Paribas
6.3. China Construction Bank
6.4. Citi group Inc.
6.5. Commerzbank
6.6. JPMorgan Chase & Co.
6.7. Mizuho Financial Group
6.8. Nordea Group
6.9. Rabobank
6.10. Rand Merchant Bank
6.11. Santander Bank
6.12. Scotiabank
6.13. Societe Generale
6.14. Standard Chartered Bank
6.15. Sumitomo Mitsui Banking Corp.