Press release
Global Trade Credit Insurance Market Size To Grow At A CAGR Of 8.6% In The Forecast Period Of 2023-2028
The key highlights of the report include:
Market Overview (2018-2028)
Forecast CAGR (2023-2028): 8.6%
Trade credit insurance offers various advantages to organisations which is leading to its heightened application across numerous sectors such as healthcare, automotive, and energy and utilities, among others. Trade credit insurance protects a firm against bad debts, fulfils the requirements of working capital, and manages non-performing assets for greater productivity in credit card management.
Get a Free Sample Report with Table of Contents- https://www.expertmarketresearch.com/reports/trade-credit-insurance-market/requestsample
Food and beverage sector, for instance, is prone to financial risks owing to potential supply chain disruptions, fluctuation of environment, and taste change of customers. In this regard, the increasing application of trade credit insurance to protect food and beverage companies from the risk of bankruptcy is driving the trade credit insurance market. In addition, financial losses in the food sector can lead to job losses of producers, manufacturers, suppliers, processor, and distributors, which is further escalating the dependence on trade credit insurance.
Trade credit insurance is also gaining traction in the automotive sector in order to provide financial assistance to small and new automotive firms. Over the forecast period, the anticipated increase in the emergence of new automotive brands and businesses, is expected to fuel the trade credit insurance market. Furthermore, the increasing financial awareness through various digital modes are expected to bolster the market dynamics in the coming years.
Trade Credit Insurance Industry Definition and Major Segments
Trade credit insurance, also known as debtor insurance, is defined as a process of assisting businesses by reimbursing the money lost by the inability of customers to pay. The price of trade credit insurance depends upon the customer base of an organisation, creditworthiness, and risk. Through this method, an organisation can improve their risk management, which is a crucial advantage driving the trade credit insurance market growth.
Read Full Report with Table of Contents- https://www.expertmarketresearch.com/reports/trade-credit-insurance-market
Based on component, the market is segmented into:
Product
Services
On the basis of enterprise size, the market is divided into:
Large
Medium
Small
Others
By coverages, the market is segmented into:
Whole Turnover Coverage
Single Buyer Coverage
Based on industry vertical, the market is categorised into:
Food and Beverages
IT and Telecom
Metals and Mining
Healthcare
Energy and Utilities
Automotive
Others
On the basis of application, the market is bifurcated into:
Domestic
International
Based on region, the market can be categorised into:
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Trade Credit Insurance Market Trends
The key trends in the global trade credit insurance market include the technological advancements across various end use sectors including automotive and IT and telecom, which are altering the relative pricing and expanding the chances of business profitability. For instance, self-driving cars in the automotive sector are expected to gain traction leading to an expanded customer base, which in turn is likely to propel the demand for trade credit insurance.
Entry of new and dynamic businesses across various sectors is a crucial trend in the trade credit insurance market which is witnessing a heightened application to boost the efficiency of financial management and risk assessment. The increasing penetration of modern high end technological assistance, such as artificial intelligence, mobile application, machine learning, and Internet of Things, among others, are pushing the scalability of trade credit insurance.
In geographical terms, Asia Pacific accounts for a significant share in the market, which is being driven by a wave of entrepreneurship emerging across developing economies such as India and China. In addition, the favourable policies of the governments in the region aimed towards providing security and stability to the emerging businesses are further providing impetus to the market.
Key Market Players
The major players in the trade credit insurance market report are:
American International Group, Inc
Aon plc
Atradius N.V.
Credendo - Export Credit Agency
Euler Hermes SA
QBE Insurance (Australia) Ltd.
Others
The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter's Five Forces Models.
Read More Reports:
Cloud Services Brokerage Market: https://bvdtechinque.com/global-cloud-services-brokerage-market-size-share-price-trends-growth-analysis-report-forecast-2023-2028-emr-inc/
Cloud Services Brokerage Market: https://overorbit.com/global-cloud-services-brokerage-market-size-share-trends-growth-analysis-key-players-report-forecast-2023-2028-emr-inc/
Eggshell Membrane Market: https://overorbit.com/global-eggshell-membrane-market-size-share-trends-growth-analysis-key-players-report-forecast-2023-2028-emr-inc/
Gardening Equipment Market: https://optivaltech.com/global-fitness-tracker-market-size-share-trends-growth-analysis-key-players-report-forecast-2023-2028/
Eggshell Membrane Market: https://optivaltech.com/global-eggshell-membrane-market-size-share-price-growth-key-players-analysis-report-forecast-2023-2028-emr-inc/
Eggshell Membrane Market: https://jordanwrites.co/global-eggshell-membrane-market-size-share-trends-price-growth-key-players-report-forecast-2023-2028-emr-inc/
Eggshell Membrane Market: https://bvdtechinque.com/global-eggshell-membrane-market-size-share-price-trends-growth-analysis-report-forecast-2023-2028-emr-inc/
Gardening Equipment Market: https://jordanwrites.co/global-fitness-tracker-market-size-share-price-growth-key-players-analysis-report-forecast-2023-2028/
Ceramics Market: https://www.expertmarketresearch.com/reports/ceramics-market
Clinical Decision Support Systems Market: https://www.expertmarketresearch.com/reports/clinical-decision-support-systems-market
Media Contact:
Company Name: Claight Corporation
Contact Person: Frara Prih, Corporate Sales Specialist - U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: www.expertmarketresearch.com
About Us:
Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.
EMR customises syndicated reports according to clients' requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.
Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective, and intelligent business strategies and ensure their leadership in the market.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Trade Credit Insurance Market Size To Grow At A CAGR Of 8.6% In The Forecast Period Of 2023-2028 here
News-ID: 2978116 • Views: …
More Releases from Expert Market Research
Global Industrial Fasteners Market: Growth Outlook for 2026-2035
Market Overview
In 2025, the global industrial fasteners market is valued at approximately USD 97.13 billion. Industrial fasteners, which include bolts, nuts, rivets, screws, washers, and other components, are essential for joining two or more materials securely, making them indispensable in construction, automotive, aerospace, and machinery industries. As industrial sectors grow and demand for robust and reliable fastening solutions increases, the global market for these essential components is set to continue…
Water Soluble Fertilizers Market Size, Trends & Forecast 2026-2035
The water soluble fertilizers market plays a vital role in the agriculture sector, catering to the growing need for efficient and sustainable farming practices. Water soluble fertilizers (WSFs) are fertilizers that are fully soluble in water and can be applied through irrigation systems, allowing for optimal nutrient absorption by plants. These fertilizers offer significant advantages, including uniform nutrient distribution, higher efficiency, and reduced environmental impact, making them increasingly popular in…
IT Spending Market Outlook 2026-2035: Growth Drivers and Future Trends
The global IT spending market continues to expand steadily as enterprises across industries accelerate digital transformation, cloud migration, and artificial intelligence adoption. In 2025, the IT spending market attained a total value of USD 4.02 Trillion, reflecting strong global demand for software, IT services, cloud infrastructure, and communications technologies. The industry is expected to grow at a compound annual growth rate (CAGR) of 3.50% during the forecast period of 2026-2035,…
United States School Bus Market Size, Share & Forecast 2026-2035
The United States school bus market is a crucial component of the country's transportation infrastructure, ensuring the safe and reliable transport of millions of students each day. With a history of being a significant mode of student transportation, school buses are now evolving with advancements in technology, safety, and environmental standards. As the demand for greener solutions and enhanced safety features grows, the U.S. school bus market is expanding to…
More Releases for Trade
Trade Intelligence for Global Trade: Benchmarking Competitors with Verified Trad …
In the modern supply chain battlefield, knowledge is not just power-it's leverage. Understanding how your competitors move in the global trade space can make the difference between a strategic win and a costly misstep. Yet, many companies still rely on fragmented or outdated information, missing out on key shifts that trade intelligence platforms can now uncover easily.
The Blind Spot in Traditional Competitive Research
Traditional competitor analysis typically relies on market reports,…
Decoding Chongqing's Cross-Border Trade through the Yumaotong Smart Trade Platfo …
Since its launch on May 13, the New Western International Land - Sea Corridor - Yumaotong Smart Trade Platform (hereinafter referred to as the 'Yumaotong Smart Trade Platform') has welcomed 420 enterprises, including over 100 foreign companies. At the 7th Western China International Fair held in Chongqing on May 22, Deng Ai, head of the platform, said that it offered global businesses a one-stop, full-chain, professional service from capturing trade…
Trade Show Displays: Maximizing Your Trade Show Booth Design
Trade shows are a critical aspect of any business that wants to showcase its products, services, and brand to potential customers, partners, and investors. Trade show displays are one of the most crucial elements in trade show marketing, and they play a significant role in determining the success of a company's presence at a trade show. In this article, we'll explore the different types of displays for trade shows and…
The future of international trade and worldwide network: Global Trade Plaza
The future of international trade and worldwide network: Global Trade Plaza
A radical change to support continuous growth in supply traffic.
Connecting all manufacturers, suppliers, traders, exporters, and importers.
Open the door to the future of safe international trade.
B2B marketplace Global Trade Plaza wants to redefine the supply chain. The growth due to digitalization has touched multiple fields, but couldn't do much for the intercountry supply. We are here with…
US-China trade war shifting cement seaborne trade flows
In 2018, the total number of active cement carriers surpassed 360 units, with the total dead weight tonnage topping 2.7 million, the highest figure recorded since 2010.
According to CW Research’s 2019 update of the World Cement, Clinker & Slag Sea-Based Trade Report, the upward trend was underpinned by a growing demand for cement carriers in key domestic trade markets.
Specialized cement carriers move about 25 million tons of cement per…
Suisse Trade – Holding Trade Seminar in Tokyo in December 2016
Suisse Trade is a full-fledged Forex trading firm that is renowned worldwide for rendering clients with the best assistance in commodity and Forex based trading. The company has been consistently successful in presenting clients with the most formidable instruments to trade in currency and commodities markets. The tasks undertaken by the company also involve spot and cash trades, limited risk options on futures as well as contracts. It has always…
