The Factoring Global Market Report 2023 by The Business Research Company, provides factoring market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.


Learn More On The Factoring Market:
https://www.thebusinessresearchcompany.com/report/factoring-global-market-report

According to The Business Research Company’s Factoring Global Market Report 2023, the global factoring market size is expected to grow from $3,336.21 billion in 2022 to $3,610.54 billion in 2023 at a compound annual growth rate (CAGR) of 8.22%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global factoring market size is expected to reach $4,799.21 billion in 2027 at a CAGR of 7.37%.

The rising cross-border trade activities are expected to propel the growth of the factoring market going forward. Cross-border trade refers to the operations connected to billing, collection, and customer support that the Licensee and any affiliate or related enterprise of the Licensee engage in connection with the import, export, or transit of capacity or power under the conditions of this license. Factoring provides cross-border trade firms with immediate cash flow that can be used to support growth and operations via selling their receivables to another company and allows them to maximize their borrowing capacity and access the resources they need for sustained global competition.

Get A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample.aspx?id=9142&type=smp

The factoring market is segmented:
1) By Type: Recourse, Non-Recourse

2) By Category: International, Domestic

3) By Organization Size: Small And Medium Enterprises, Large Enterprises

4) By Application: Transportation, Healthcare, Construction, Manufacturing, Other Applications

Product innovation has emerged as the major trend gaining popularity in the factoring market. Major companies operating in the factoring market are focused on innovative solutions to sustain their position in the market. For instance, in December 2022, Kyriba, a US-based financial and IT solutions provider company, launched Kyriba Receivables Finance, a technically advanced factoring solution that streamlines the process of factoring invoices and provides an easy-to-use platform to manage payments. The solution provides enhanced visibility into cash flow and makes it easier to monitor and manage customer accounts. The platform also offers automated payment processing and a secure, real-time dashboard that provides up-to-date information on invoices and payments. Additionally, the solution provides access to a range of financing and credit options to help businesses access capital quickly.


The factoring market report table of contents includes:
1. Executive Summary
2. Factoring Market Characteristics
3. Factoring Market Trends And Strategies
4. Factoring Market - Macro Economic Scenario
5. Factoring Market Size And Growth
............
26. Africa Factoring Market
27. Factoring Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Factoring Market
29. Factoring Market Future Outlook and Potential Analysis
30. Appendix

Related Reports:
https://goodprnews.com/prepared-flour-mixes-market-trends/
https://goodprnews.com/prepared-meal-delivery-market-overview/
https://goodprnews.com/pet-food-market-outlook/
https://topprnews.com/prepared-flour-mixes-market-forecast/
https://topprnews.com/prepared-meal-delivery-market-insights/
https://topprnews.com/pet-food-market-research/

Contact Us: 
The Business Research Company 
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293

Email: [email protected]

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model