The reverse factoring market size is expected to see strong growth in the next few years. It will grow to $777.88 billion in 2028 at a compound annual growth rate (CAGR) of 9.6%. The growth in the forecast period can be attributed to working capital optimization demand, rising cost of traditional financing, increasing demand from manufacturing industry, technological advancements in reverse factoring, the growing importance of supply chain finance, growing popularity of online reverse factoring platforms Major trends in the forecast period include the introduction of innovative financing solutions, integration with supply chain finance, advancements in emerging technologies, the introduction of sophisticated financial infrastructure, create value-added services.
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Scope Of Reverse Factoring Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Reverse Factoring Market Overview
Market Drivers –
The growing adoption of reverse factoring among manufacturers is expected to boost the growth of the reverse factoring market in the coming years. Manufacturers are companies that produce goods using labor, machinery, and raw materials to transform them into finished products for sale. The rising adoption of reverse factoring is primarily driven by the need to enhance supplier cash flow and ensure consistent supply chain operations amid financial challenges. Reverse factoring improves liquidity for suppliers, reduces payment disputes, and stabilizes production schedules. For instance, according to the United Nations Industrial Development Organization (UNIDO), an Austria-based governmental organization, in December 2021, global manufacturing production increased by 3.3% in the fourth quarter of 2021 compared to the same period in 2020. This growth followed rates of 5.8% and 17.8% in the two preceding quarters. Therefore, the increasing adoption of reverse factoring by manufacturers is a significant factor driving the growth of the reverse factoring market.
Market Trends –
Major companies operating in the reverse factoring market are focused on developing innovative offerings, such as digital reverse factoring solutions, to gain a competitive edge. Digital reverse factoring is a financial solution that enables suppliers to receive early payment for their invoices, often at a lower cost of capital than they could obtain on their own. For instance, in April 2022, Eurobank Factors, a Greece-based provider of factoring services, launched a digital reverse factoring solution to help small and medium-sized enterprises (SMEs) access financing based on the creditworthiness of their larger buyers. Reverse factoring lets suppliers turn invoices into cash without having to pledge additional collateral, while buyers can enhance their working capital and reinforce supplier relationships. The digital platform streamlines the reverse factoring process, enabling suppliers to upload invoices for early payment, which are then approved by the buyer. Eurobank Factors offers financing to the supplier, charging a small fee, and receives payment from the buyer on the invoice maturity date. This arrangement enables suppliers to access lower-cost funding based on the buyer’s credit rating rather than their own.
The reverse factoring market covered in this report is segmented –
1) By Category: Domestic, International
2) By Financial Institution: Banks, Non-Banking Financial Institutions
3) By End-Users: Manufacturing, Transport And Logistics, Information Technology, Healthcare, Construction, Other End-Users
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Regional Insights –
Europe was the largest region in the reverse factoring market in 2023. The regions covered in the reverse factoring market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies in the market are ICBC China Limited, JPMorgan Chase & Co., Bank of America Corporation, Banco Santander S.A., HSBC Holdings plc, Citigroup Inc., Wells Fargo & Company, Banco do Brasil S.A., ING Groep N.V., Barclays plc, Societe Generale SA, Banco Bilbao Vizcaya Argentaria S.A., Deutsche Bank AG, Sumitomo Mitsui Banking Corporation, UniCredit S.p.A., Mizuho Financial Group Inc., Standard Chartered PLC, KBC Group NV, CaixaBank S.A., Accion International, PrimeRevenue Inc., Drip Capital Inc., Viva Capital Funding LLC, eFactor Network S.A.P.I. de C.V., Tradewind GmbH
Table of Contents
1. Executive Summary
2. Reverse Factoring Market Report Structure
3. Reverse Factoring Market Trends And Strategies
4. Reverse Factoring Market – Macro Economic Scenario
5. Reverse Factoring Market Size And Growth
……..
27. Reverse Factoring Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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