Sunday, September 19, 2021
More

    Latest Posts

    Europe Tire Market Trends, Scope, Demand, Opportunity and Forecast by 2026

    According to the latest report by IMARC Group, titled “Europe Tire (Tyre) Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the europe...

    GCC Tire (Tyre) Market Trends, Size, Companies Share, Growth and Industry Scope by 2026

    According to the latest report by IMARC Group, titled “GCC Tire (Tyre) Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the GCC...

    Lignans Market to Witness Huge Growth during 2021-2026

    According to IMARC Group’s latest report, titled “Lignans Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, The global lignans market grew...

    Food Processing Blades Market Trends, Demand and Business Opportunities 2026

    According to IMARC Group’s latest report, titled “Food Processing Blades Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, The global food...

    Trade Finance Market: Top Companies, Investment Trend, Growth & Innovation Trends 2026

    According to the latest report by IMARC Group, titled “Trade Finance Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global trade finance market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 3.7% during 2021-2026.

    Request Free Report Sample:

    https://www.imarcgroup.com/trade-finance-market/requestsample

    Trade finance includes various financial products and instruments that aid in facilitating international trade and commerce. It is used to cover numerous activities, such as lending, forfaiting, factoring, issuing letters of credit, and export credit and financing. The process of financing involves multiple parties wherein banks and other financial institutions, including importers, exporters and export credit agencies, manage the transactions between the buyer and the seller. Unlike general finance, there is an addition of a third party in trade finance, which eliminates the risk associated with international trade transactions while streamlining the cash flow and mitigating the chances of supply risk.

    Global Trade Finance Market Trends:

    The global market is primarily driven by the growing digitization of trade financing operations. The integration of advanced technologies with trade finance has led various financial institutions to streamline their trade activities in an effort to improve efficiency and remain competitive in the market that is frequently subjected to structural changes. The adoption of blockchain in the sector has further accelerated the flow of transactions, thereby creating a positive outlook for the market. Since blockchains comprise necessary information in one digital document, which can be distributed on a network, their utilization has assisted in speeding up the transaction settlement time and offering a transparent communication link between all parties involved. Catalyzed by rapid developments in technology, the utilization of artificial intelligence (AI), machine learning (ML) and the Internet of Things (IoT), in trade finance is also propelling the market growth. Some of the other growth-inducing factors include growing investments in the banking, financial services and insurance (BFSI) sector, improving supply chain capabilities of various manufacturing industries, and the implementation of several favorable government policies pertaining to international trade.

    We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

    Trade Finance Market 2021-2026 Competitive Analysis and Segmentation:

    Competitive Landscape With Key Players:

    The competitive landscape of the trade finance market has been studied in the report with the detailed profiles of the key players operating in the market.

    Some of these key players include:

    • Asian Development Bank
    • Banco Santander SA (NYSE: SAN)
    • Bank of America Corp.
    • BNP Paribas SA (OTCMKTS: BNPQY)
    • Citigroup Inc. (NYSE: C)
    • Crédit Agricole Group (OTCMKTS: CRARY)
    • Euler Hermes
    • Goldman Sachs Group Inc. (NYSE: GS)
    • HSBC Holdings Plc (NYSE: HSBC)
    • JPMorgan Chase & Co. (NYSE: JPM)
    • Mitsubishi Ufj Financial Group Inc. (NYSE: MUFG)
    • Morgan Stanley (NYSE: MS)
    • Royal Bank of Scotland (NYSE: NWG)
    • Standard Chartered Bank (OTCMKTS: SCBFY)
    • Wells Fargo & Co. (NYSE: WFC)

    Key Market Segmentation:

    The report has segmented the trade finance market on the basis of finance type, Offering, service provider, end-user and region.

    Breakup by Finance Type:

    • Structured Trade Finance
    • Supply Chain Finance
    • Traditional Trade Finance

    On the basis of the finance type, the market has been divided into structured trade, supply chain and traditional trade finance.

    Breakup by Offering:

    • Letters of Credit
    • Bill of Lading
    • Export Factoring
    • Insurance
    • Others

    Based on the offering, the market has been categorized into letters of credit, bill of lending, export factoring, insurance and others.

    Breakup by Service Provider:

    • Banks
    • Trade Finance Houses

    On the basis of the service provider, the market has been bifurcated into banks and trade finance houses.

    Breakup by End-User:

    • Small and Medium Sized Enterprises (SMEs)
    • Large Enterprises

    Based on the end user, the market has been classified into small and medium sized enterprises (SMEs) and large enterprises.

    Breakup by Region:

    • North America
    • Asia Pacific
    • Europe
    • Latin America
    • Middle East and Africa

    On the geographical front, the market has been segregated into North America (the United States and Canada), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), Latin America (Brazil, Mexico and others), and Middle East and Africa.

    Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/trade-finance-market

    Key highlights of the report:            

    • Market Performance (2015-2020)
    • Market Outlook (2021-2026)
    • Industry Trends
    • Market Drivers and Success Factors
    • The Impact of COVID-19 on the Global Market
    • Value Chain Analysis
    • Structure of the Global Market
    • Comprehensive mapping of the competitive landscape

    If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

    About Us                                                                      

    IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

    IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

    Contact US:

    IMARC Group
    30 N Gould St, Ste R
    Sheridan, WY 82801, USA
    Email: sales@imarcgroup.com
    Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800

    Latest Posts

    Europe Tire Market Trends, Scope, Demand, Opportunity and Forecast by 2026

    According to the latest report by IMARC Group, titled “Europe Tire (Tyre) Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the europe...

    GCC Tire (Tyre) Market Trends, Size, Companies Share, Growth and Industry Scope by 2026

    According to the latest report by IMARC Group, titled “GCC Tire (Tyre) Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the GCC...

    Lignans Market to Witness Huge Growth during 2021-2026

    According to IMARC Group’s latest report, titled “Lignans Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, The global lignans market grew...

    Food Processing Blades Market Trends, Demand and Business Opportunities 2026

    According to IMARC Group’s latest report, titled “Food Processing Blades Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, The global food...

    Don't Miss

    Pest inspection services in North Richland Hills

    Before receiving pest control services for your house in order to make it safe and pest-free, there should be a complete and thorough home...

    Mold Inspection Services Boise

    What is Mold and How is it a Hazard? Mold wasn't a difficulty for people before because of lack of awareness but as awareness is...

    Potato Chips Market Report and Forecast 2021-2026

    The global potato chips market reached a value of US$ 31.2 Billion in 2020. The market is further expected to exhibit moderate growth during...

    Plastic Processing Machinery Market Report and Forecast 2020-2025

    According to IMARC Group’s recently published report titled “Plastic Processing Machinery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”,...

    Best Home inspection services in North Richland Hills

    If you are a citizen of North Richland Hills and want to get a home inspection for your house, then this is the right...

    Stay in touch

    To be updated with all the latest news, offers and special announcements.