Global Factoring Market 2020-2024

Global Factoring Market 2020-2024

Technavio has been monitoring the factoring market, and it is poised to grow by USD 1308.4 bn during 2020-2024, progressing at a CAGR of 7% during the forecast period. Our reports on factoring market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by enhanced liquidity for efficient working capital management and improved inventory management. Also, the growing need for an alternative source of financing for MSMEs is anticipated to boost the growth of the market as well.

The factoring market analysis includes segmentation by type and geographic landscape.

Technavio's factoring market is segmented as below:

By Type

  • Domestic factoring
  • International factoring
By Geographic Landscape
  • APAC
  • Europe
  • MEA
  • North America
  • South America
This study identifies the advent of blockchain in factoring services as one of the prime reasons driving the factoring market growth during the next few years.

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of critical parameters. Our factoring market covers the following areas:
  • Factoring market sizing
  • Factoring market forecast
  • Factoring market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position. In line with this, this report provides a detailed analysis of several leading factoring market vendors that include Advanon AG, Aldermore Bank Plc, BNP Paribas Cardif, Deutsche Leasing AG, Eurobank Ergasias SA, HSBC Holdings Plc, Mizuho Financial Group Inc., Riviera Finance of Texas Inc., Societe Generale SA, and The Southern Banc Co. Inc. Also, the factoring market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information, including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of critical parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Table Parent market
    • Market characteristics
      • Table Market characteristics
    • Value chain analysis
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024
      • Table Global - Market size and forecast 2019-2024 ($ billions)
      • Table Global market: Year-over-year growth 2019-2024 (%)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis 2019 & 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market Segmentation by Type
    • Market segments
      • Table Type placement - Market share 2019-2024 (%)
    • Comparison by Type
      • Table Comparison by Type
    • Domestic factoring - Market size and forecast 2019-2024
      • Table Domestic factoring - Market size and forecast 2019-2024 ($ billion)
      • Table Domestic factoring - Year-over-year growth 2019-2024 (%)
    • International factoring - Market size and forecast 2019-2024
      • Table International factoring - Market size and forecast 2019-2024 ($ billion)
      • Table International factoring - Year-over-year growth 2019-2024 (%)
    • Market opportunity by Type
      • Table Market opportunity by Type
  • Customer landscape
    • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ billions)
      • Table Europe - Year-over-year growth 2019-2024 (%)
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ billions)
      • Table APAC - Year-over-year growth 2019-2024 (%)
    • South America - Market size and forecast 2019- 2024
      • Table South America - Market size and forecast 2019-2024 ($ billions)
      • Table South America - Year-over-year growth 2019-2024 (%)
    • North America - Market size and forecast 2019- 2024
      • Table North America - Market size and forecast 2019-2024 ($ billions)
      • Table North America - Year-over-year growth 2019-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ billions)
      • Table MEA - Year-over-year growth 2019-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity by geography
      • Table Market opportunity by geography ($ billions)
  • Drivers, Challenges, and Trends
    • Volume driver - Demand led growth
      • Growing need for alternative source of financing for MSMEs
      • Improved inventory management
    • Volume driver - Supply led growth
      • Enhanced liquidity for efficient working capital management
      • Strong global economic recovery
    • Market challenges
      • Lack of stringent regulatory framework for debt recovery mechanism in developing countries
      • Impact due to trade war
      • Low penetration and expansion opportunities in developing countries
        • Table Impact of drivers and challenges
    • Market trends
      • Advent of blockchain in factoring services
      • Growing awareness about supply chain financing, including factoring
      • Growing adoption of digital platforms for factoring
      • Adoption of structuring and pricing tools
  • Vendor Landscape
    • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
    • Competitive scenario
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Advanon AG
      • Table Advanon AG – Overview
      • Table Advanon AG - Product and service
      • Table Advanon AG - Key news
      • Table Advanon AG - Key offerings
    • Aldermore Bank Plc
      • Table Aldermore Bank Plc – Overview
      • Table Aldermore Bank Plc - Business segments
      • Table Aldermore Bank Plc - Key news
      • Table Aldermore Bank Plc - Key offerings
      • Table Aldermore Bank Plc - Segment focus
    • BNP Paribas Cardif
      • Table BNP Paribas Cardif – Overview
      • Table BNP Paribas Cardif - Business segments
      • Table BNP Paribas Cardif - Key news
      • Table BNP Paribas Cardif - Key offerings
      • Table BNP Paribas Cardif - Segment focus
    • Deutsche Leasing AG
      • Table Deutsche Leasing AG – Overview
      • Table Deutsche Leasing AG - Business segments
      • Table Deutsche Leasing AG - Key offerings
      • Table Deutsche Leasing AG - Segment focus
    • Eurobank Ergasias SA
      • Table Eurobank Ergasias SA – Overview
      • Table Eurobank Ergasias SA - Business segments
      • Table Eurobank Ergasias SA - Key offerings
      • Table Eurobank Ergasias SA - Segment focus
    • HSBC Holdings Plc
      • Table HSBC Holdings Plc – Overview
      • Table HSBC Holdings Plc - Business segments
      • Table HSBC Holdings Plc - Key news
      • Table HSBC Holdings Plc - Key offerings
      • Table HSBC Holdings Plc - Segment focus
    • Mizuho Financial Group Inc.
      • Table Mizuho Financial Group Inc. –Overview
      • Table Mizuho Financial Group Inc. - Business segments
      • Table Mizuho Financial Group Inc. - Key news
      • Table Mizuho Financial Group Inc. - Key offerings
      • Table Mizuho Financial Group Inc. - Segment focus
    • Riviera Finance of Texas Inc.
      • Table Riviera Finance of Texas Inc. –Overview
      • Table Riviera Finance of Texas Inc. - Product and service
      • Table Riviera Finance of Texas Inc. - Key offerings
    • Societe Generale SA
      • Table Societe Generale SA – Overview
      • Table Societe Generale SA - Business segments
      • Table Societe Generale SA – Key news
      • Table Societe Generale SA - Key offerings
      • Table Societe Generale SA - Segment focus
    • The Southern Banc Co. Inc.
      • Table The Southern Banc Co. Inc. –Overview
      • Table The Southern Banc Co. Inc. - Business segments
      • Table The Southern Banc Co. Inc. - Key offerings
      • Table The Southern Banc Co. Inc. - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objective
      • Notes and caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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