Asia Pacific Factoring Services Market Size & Outlook
Asia Pacific factoring services market, 2018-2030 (US$M)
Related Markets
Asia Pacific factoring services market highlights
- The Asia Pacific factoring services market generated a revenue of USD 959.6 million in 2023.
- The market is expected to grow at a CAGR of 12.8% from 2024 to 2030.
- In terms of segment, domestic was the largest revenue generating category in 2023.
- International is the most lucrative category segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 959.6 million |
| Market revenue in 2030 | USD 2,234.7 million |
| Growth rate | 12.8% (CAGR from 2023 to 2030) |
| Largest segment | Domestic |
| Fastest growing segment | International |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Domestic, International |
| Key market players worldwide | Barclays PLC, BNP Paribas Act. Cat.A, China Construction Bank Corp Class H, Deutsche Bank AG, Eurobank Ergasias Services And Holdings SA, Hitachi Ltd, HSBC Holdings PLC ADR, Industrial And Commercial Bank Of China Ltd Class H, Kuke Music Holding Ltd ADR, Mizuho Financial Group Inc, Societe Generale SA, Transcontinental Realty Investors Inc |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 22.9% of the global factoring services market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,234.7 million by 2030.
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Factoring Services Market Scope
Factoring Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific factoring services market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to factoring services market will help companies and investors design strategic landscapes.
Domestic was the largest segment with a revenue share of 72.45% in 2024. Horizon Databook has segmented the Asia Pacific factoring services market based on domestic, international covering the revenue growth of each sub-segment from 2018 to 2030.
The Asia Pacific region is anticipated to witness positive traction for factory services over the forecast period owing to significant business expansion and increasing popularity of open account trading.
The rising implementation of blockchain technology in factoring services in the region is creating a favorable environment for boosting market. The integration of blockchain technology in factoring services facilitates quicker payments with reduced operating costs and improves the industry statistics.
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Target buyers of Asia Pacific factoring services market databook
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Our clientele includes a mix of factoring services market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific factoring services market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific factoring services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific factoring services market size, by country, 2018-2030 (US$M)
Asia Pacific Factoring Services Market Outlook Share, 2024 & 2030 (US$M)
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