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Business Liquidation Services Market: Global Opportunity Analysis and Industry Forecast, 2023-2032
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New strategies to flourish the market:
Technology has changed the way stressed businesses liquidate their assets through online and digital platforms. Key players such as RepoMax and Strategic Auction Alliance liquidated their stressed properties of businesses via online portals in the form of auctions such as e-bay, Mercado Libre, Inc., and Ricardo. These interactive transactions promote electronic practices in different geographies and help in bringing flexibility toward business liquidation services between buyers and sellers globally. Moreover, liquidating companies have embraced electronic liquidation techniques for quicker selling at an effective price, especially among retailers and other liquidation of physical properties in the business liquidation services market.
New regulations in various regional locations:
In reaction to COVID-19, the UK Government adopted regulatory changes to current insolvency laws. These new initiatives aim at enabling businesses undertaking a rescue or bankruptcy phase to continue and escape insolvency in businesses. Furthermore, in country like India, the Insolvency and Bankruptcy Code (IBC) regulation has been in effect since 2016. With the help of IBC, several applicants for fresh business liquidation were rescued and restructured in the country. In addition, it is estimated that 20% of the companies have been liquidated under this regulation, with taking necessary steps to rescue stressed businesses and safeguard employability across the country.
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COVID-19 scenario analysis:
COVID-19 has led to numerous uncertainties in economic activities around the globe, which has delayed bankruptcy proceedings in the U.S.
In India, the process of liquidation is exempt from lockdown and has progressed in time.
Such regulations in India describes that all legal proceedings for liquidations and bankruptcies would continue with no delay during the pandemic.
Key benefits of the report:
This study presents analytical depiction of the global business liquidation services market along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global business liquidation services market share.
The current market is quantitatively analyzed to highlight the market growth scenario.
Porter's five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed market analysis based on the present and future competitive intensity of the market.
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Business Liquidation Services Market Report Highlights
By Service Type
Legal services
Accounting services
Consulting Services
Others
By Organization Size
Small-sized enterprises
Medium-sized enterprises
Large enterprises
By Region
North America (U.S., Canada)
Europe (UK, Germany, France, Spain, Italy, Rest of Europe)
Asia-Pacific (China, Japan, India, Australia, South Korea, Rest of Asia-Pacific)
LAMEA (Latin America, Middle East, Africa)
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports Insights" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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