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Supply Chain Finance Market Set for Significant Growth, Expected to Reach USD 112.01 Billion by 2030

08-13-2024 12:09 PM CET | IT, New Media & Software

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

Supply Chain Finance Market

Supply Chain Finance Market

๐’๐ฎ๐ฉ๐ฉ๐ฅ๐ฒ ๐‚๐ก๐š๐ข๐ง ๐…๐ข๐ง๐š๐ง๐œ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

The Supply Chain Finance (SCF) market, a rapidly expanding sector within global trade finance, was valued at USD 45.62 billion in 2023 and is projected to soar to USD 112.01 billion by 2030, exhibiting a robust compound annual growth rate (CAGR) of 13.69% over the forecast period of 2024-2030. SCF represents a vital financial tool, providing funding opportunities throughout the supply chain and addressing the growing demands for liquidity, particularly in a globalized economy.

๐’๐ฎ๐ฉ๐ฉ๐ฅ๐ฒ ๐‚๐ก๐š๐ข๐ง ๐…๐ข๐ง๐š๐ง๐œ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ ๐š๐ง๐ ๐ƒ๐ฒ๐ง๐š๐ฆ๐ข๐œ๐ฌ:

The supply chain finance market is being driven by several critical factors, including globalization, offshore production, and the resultant elongation of supply chains. This expansion has led to a decrease in capital availability for many businesses, increasing the pressure on companies to enhance their cash flow, especially among foreign suppliers. Large customers often impose longer payment terms and higher working capital requirements on their suppliers, further straining the financial stability of the supply chain.

Moreover, the shift towards open account trade from letters of credit has exacerbated the situation, creating a significant demand for global supply chain financing (GSCF). The GSCF market presents a substantial opportunity, with the global receivables management services market alone valued at approximately USD 1.3 trillion. An additional USD 100 billion and USD 340 billion are contributed by payables discounting and asset-based financing, respectively. Despite the significant market size, only a small percentage of businesses currently employ supply chain finance strategies, though over half are either planning to or are exploring ways to improve their existing strategies.

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐š๐๐๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐๐ž๐ญ๐š๐ข๐ฅ๐ฌ ๐›๐ฒ ๐œ๐ฅ๐ข๐œ๐ค๐ข๐ง๐  ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž๐: https://www.maximizemarketresearch.com/request-sample/168082/

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐จ๐ฌ๐ฉ๐ž๐œ๐ญ๐ฌ ๐š๐ง๐ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

The supply chain finance market has been growing at a rapid pace, with market experts estimating that only 10% of the global market has been tapped so far. This indicates a considerable potential for future expansion. The market is expected to continue its growth trajectory, with an anticipated annual growth rate of 20-30% in the coming years. While the United States and Western Europe currently lead in the adoption of supply chain finance solutions, emerging markets, particularly in Asia, show the greatest promise for future growth.

๐’๐ž๐ฏ๐ž๐ซ๐š๐ฅ ๐ค๐ž๐ฒ ๐Ÿ๐š๐œ๐ญ๐จ๐ซ๐ฌ ๐œ๐จ๐ง๐ญ๐ซ๐ข๐›๐ฎ๐ญ๐ž ๐ญ๐จ ๐ญ๐ก๐ž ๐ซ๐š๐ฉ๐ข๐ ๐ž๐ฑ๐ฉ๐š๐ง๐ฌ๐ข๐จ๐ง ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ฌ๐ฎ๐ฉ๐ฉ๐ฅ๐ฒ ๐œ๐ก๐š๐ข๐ง ๐Ÿ๐ข๐ง๐š๐ง๐œ๐ž ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:

โ™ฆ Globalization and Corporate Finance: The increasing impact of globalization on corporate finances and supply chain risk management has intensified the need for efficient supply chain finance solutions.

โ™ฆ Working Capital Management: Chief financial officers and treasurers are prioritizing working capital management as a key focus area, driving demand for supply chain finance.

โ™ฆ Supplier Liquidity: Suppliers are increasingly seeking liquidity options and opportunities to reduce financing costs, further fueling the growth of the supply chain finance market.

๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐œ๐š๐ฅ ๐ˆ๐ง๐ง๐จ๐ฏ๐š๐ญ๐ข๐จ๐ง๐ฌ ๐š๐ง๐ ๐‘๐ข๐ฌ๐ค ๐Œ๐š๐ง๐š๐ ๐ž๐ฆ๐ž๐ง๐ญ:

The supply chain finance market is also witnessing significant technological advancements, particularly in risk management. As companies have grappled with supply chain disruptions, the need for comprehensive ecosystems with enhanced risk management and mitigation solutions has become paramount. Emerging technologies such as machine learning and artificial intelligence are playing a crucial role in assessing credit risk, detecting real-time threats, and preventing fraud. The adoption of these technologies is expected to drive the growth of the supply chain finance market.

๐„๐ฏ๐จ๐ฅ๐ฏ๐ข๐ง๐  ๐‚๐ฅ๐ข๐ž๐ง๐ญ ๐๐ž๐ž๐๐ฌ ๐š๐ง๐ ๐–๐จ๐ซ๐ค๐Ÿ๐จ๐ซ๐œ๐ž ๐ƒ๐ฒ๐ง๐š๐ฆ๐ข๐œ๐ฌ:

The market is also being shaped by changing client needs and the evolving dynamics of the workforce. Businesses must adapt to new customer habits and demands, which have emerged as a result of the economic disruptions caused by the COVID-19 pandemic. Additionally, while technology is automating various aspects of payment exchange, documentation, and data analysis, human capabilities such as critical thinking and customer relations remain essential for the success of supply chain finance solutions.

๐’๐ฎ๐ฉ๐ฉ๐ฅ๐ฒ ๐‚๐ก๐š๐ข๐ง ๐…๐ข๐ง๐š๐ง๐œ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

๐›๐ฒ ๐Ž๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐ 

โ€ข Export and Import Bills
โ€ข Letter of Credit
โ€ข Performance Bonds
โ€ข Shipping Guarantees
โ€ข Others

๐›๐ฒ ๐๐ซ๐จ๐ฏ๐ข๐๐ž๐ซ

โ€ข Banks
โ€ข Trade Finance House
โ€ข Others

The bank segment held the largest market share in 2023, with approximately 85% of the global supply chain finance market. This dominance is expected to continue, driven by the increasing adoption of tech-based business and financing processes. However, the trade finance houses segment is anticipated to register the highest CAGR of 14% during the forecast period.

๐›๐ฒ ๐„๐ง๐ ๐”๐ฌ๐ž๐ซ

โ€ข Large Enterprises
โ€ข Small and Medium-sized Enterprises

๐›๐ฒ ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง

โ€ข Domestic
โ€ข International

In 2023, the domestic segment dominated the supply chain finance market, accounting for approximately a quarter of the global market share. This segment is expected to continue leading the market throughout the forecast period. However, the overseas segment is projected to exhibit the fastest growth, with a CAGR of 14.2% during the same period.

๐‚๐ฅ๐ข๐œ๐ค ๐‡๐ž๐ซ๐ž ๐Ÿ๐จ๐ซ ๐˜๐จ๐ฎ๐ซ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž + ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐†๐ซ๐š๐ฉ๐ก๐ฌ: https://www.maximizemarketresearch.com/request-sample/168082/

๐’๐ฎ๐ฉ๐ฉ๐ฅ๐ฒ ๐‚๐ก๐š๐ข๐ง ๐…๐ข๐ง๐š๐ง๐œ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

Geographically, the Asia-Pacific (APAC) region is expected to witness significant growth in the supply chain finance market during the forecast period. The region is on track to account for more than 50% of global GDP by 2040, driven by shifts in global production and an increase in intra-Asian trade. The APAC region is also at the forefront of supply chain finance development, thanks to its export-led economic model and the importance of trade in the region's economy.

๐“๐ฐ๐จ ๐ค๐ž๐ฒ ๐ญ๐ซ๐ž๐ง๐๐ฌ ๐š๐ซ๐ž ๐ฌ๐ก๐š๐ฉ๐ข๐ง๐  ๐ญ๐ก๐ž ๐ฌ๐ฎ๐ฉ๐ฉ๐ฅ๐ฒ ๐œ๐ก๐š๐ข๐ง ๐Ÿ๐ข๐ง๐š๐ง๐œ๐ž ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ง ๐€๐๐€๐‚:

Reviewing Letters of Credit (LCs): Companies in the region are increasingly reviewing their LCs, seeking tailored solutions to finance their cross-border trade.
Changing Trade Finance Landscape: The trade finance landscape is undergoing significant changes, with a wave of mergers and acquisitions among financial institutions reshaping the market.

๐’๐ฎ๐ฉ๐ฉ๐ฅ๐ฒ ๐‚๐ก๐š๐ข๐ง ๐…๐ข๐ง๐š๐ง๐œ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

Key Players of the Supply Chain Finance Market profiled in the report include

โ€ข IBM
โ€ข Ripple
โ€ข Rubix by Deloitte
โ€ข Distributed Ledger Technologies
โ€ข Oklink
โ€ข Nasdaq Linq
โ€ข Oracle
โ€ข AWS
โ€ข Citi Bank
โ€ข ELayaway
โ€ข HSBC
โ€ข Ant Financial
โ€ข JD Financial
โ€ข Qihoo 360
โ€ข Tencent
โ€ข Baidu
โ€ข Huawei
โ€ข Bitspark
โ€ข SAP
โ€ข ALIBABA

๐“๐จ ๐‚๐จ๐ง๐๐ฎ๐œ๐ญ ๐…๐ฎ๐ซ๐ญ๐ก๐ž๐ซ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก, ๐‚๐ฅ๐ข๐œ๐ค ๐‡๐ž๐ซ๐ž: https://www.maximizemarketresearch.com/market-report/supply-chain-finance-market/168082/

๐“๐š๐›๐ฅ๐ž ๐จ๐Ÿ ๐‚๐จ๐ง๐ญ๐ž๐ง๐ญ:

๐“๐ก๐ž ๐๐ข๐  ๐๐ข๐œ๐ญ๐ฎ๐ซ๐ž: Market size, overview, and key points.
๐Ž๐ฎ๐ซ ๐…๐จ๐œ๐ฎ๐ฌ: Specific areas, timeframe, and scope we'll explore.
๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ: Who are the big businesses and up-and-comers?
๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ข๐ณ๐ž: How much money is flowing in this market?
๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐ซ๐ž๐š๐ค๐๐จ๐ฐ๐ง: Different types of products/services and their segments.
๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐จ๐ง ๐‚๐ก๐ž๐œ๐ค: How easy (or tough) is it to compete in this market?
๐–๐ก๐จ'๐ฌ ๐๐ฎ๐ฒ๐ข๐ง๐ ?: Understanding the customer base and their needs.
๐†๐ฅ๐จ๐›๐š๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ: How does this market differ around the world?
๐ƒ๐ž๐œ๐ข๐ฌ๐ข๐จ๐ง ๐“๐ข๐ฆ๐ž: Making informed choices in this market.
๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ก๐ข๐Ÿ๐ญ๐ฌ: What's driving changes in the market?
๐…๐ฎ๐ญ๐ฎ๐ซ๐ž ๐‹๐จ๐จ๐ค: Emerging trends that will shape the market.
๐“๐ก๐ž ๐’๐ž๐ฅ๐ฅ๐ž๐ซ๐ฌ: Who are the major companies selling in this market?
๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐จ๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ: Strengths and weaknesses of the key players.

๐Š๐ž๐ฒ ๐ช๐ฎ๐ž๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐š๐ง๐ฌ๐ฐ๐ž๐ซ๐ž๐ ๐ข๐ง ๐ญ๐ก๐ž ๐’๐ฎ๐ฉ๐ฉ๐ฅ๐ฒ ๐‚๐ก๐š๐ข๐ง ๐…๐ข๐ง๐š๐ง๐œ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐š๐ซ๐ž:

What is Supply Chain Finance?
What is the growth rate of the Supply Chain Finance Market?
Which are the factors expected to drive the Supply Chain Finance market growth?
What are the different segments of the Supply Chain Finance Market?
What are the factors restraining the growth of the Supply Chain Finance Market?
What is the demand pattern of the Supply Chain Finance Market?
What major challenges could the Supply Chain Finance Market face in the future?

๐€๐๐๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐‘๐ž๐ฅ๐ž๐ฏ๐š๐ง๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ :

โ™ฃ Sports Tourism Market https://www.maximizemarketresearch.com/market-report/sports-tourism-market/191030/

โ™ฃ Cured-In-Place Pipe Consumption Market https://www.maximizemarketresearch.com/market-report/cured-in-place-pipe-consumption-market/194745/

โ™ฃ Pedestrian Bridge Market https://www.maximizemarketresearch.com/market-report/pedestrian-bridge-market/194746/

โ™ฃ Diamond Tools Market https://www.maximizemarketresearch.com/market-report/diamond-tools-market/194962/

โ™ฃ Fluorite Market https://www.maximizemarketresearch.com/market-report/fluorite-market/195080/

โ™ฃ Elderly Nutrition and Packaged Food Market https://www.maximizemarketresearch.com/market-report/elderly-nutrition-and-packaged-food-market/195253/

โ™ฃ Ginger Powder Market https://www.maximizemarketresearch.com/market-report/ginger-powder-market/195339/

โ™ฃ Pocket Knives Market https://www.maximizemarketresearch.com/market-report/pocket-knives-market/195629/

โ™ฃ Car Wash System Market https://www.maximizemarketresearch.com/market-report/global-car-wash-system-market/54740/

โ™ฃ Laboratory Freezers Market https://www.maximizemarketresearch.com/market-report/global-laboratory-freezers-market/26491/

๐Ž๐ฎ๐ซ ๐€๐๐๐ซ๐ž๐ฌ๐ฌ:

๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐๐ฏ๐ญ. ๐‹๐ญ๐.
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Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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Defense Electronics Market size was valued at USD 200 Bn. in 2023 and the total revenue is expected to grow at a CAGR of 5.3 % from 2024 to 2030, reaching nearly USD 287.10 Bn. Defense Electronics Market Overview: The defense electronics market encompasses the specialized electronic systems and components integral to modern military operations. This sector includes critical technologies such as radar and sonar systems, electronic warfare (EW) capabilities, communications andโ€ฆ
Global Magnesium Alloys Market Poised to Grow from US$ 2.21 Billion in 2024 to US$ 5.58 Billion by 2032 at a CAGR of 12.25% - Magnesium Alloys Market Forecast
Global Magnesium Alloys Market Poised to Grow from US$ 2.21 Billion in 2024 to U โ€ฆ
According to a new report by Maximizer Market Research, the Global Magnesium Alloys Market was valued at USD 2.21 billion in 2024 and is projected to reach USD 5.58 billion by 2032, growing at a CAGR of 12.25%. This growth is underpinned by rising demand from automotive & transportation, electronics, aerospace, defense, and medical industries seeking lightweight, high-performance materials. For full access to the data, request a sample report now :https://www.maximizemarketresearch.com/request-sample/32753/ โ™ฆโ€ฆ

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Consumer Finance Market to Witness Revolutionary Growth by 2030 | Bajaj Capital, โ€ฆ
Global "Consumer Finance Market" Research report is an in-depth study of the market Analysis. Along with the most recent patterns and figures that uncovers a wide examination of the market offer. This report provides exhaustive coverage on geographical segmentation, latest demand scope, growth rate analysis with industry revenue and CAGR status. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study ofโ€ฆ
Big Boom in Environmental Finance Market 2020-2027 | Environmental Finance (Fult โ€ฆ
According to a report on Environmental Finance Market, recently added to the vast repository of Research N Reports, the global market is likely to gain significant impetus in the near future. The report, titled โ€œGlobal Environmental Finance Market Research Report 2020,โ€ further explains the major drivers manipulating industry, the possibility of development, and the challenges going up against the administrations and industrialists in the market. This research study portrays anโ€ฆ
PLATINUM GLOBAL BRIDGING FINANCE - BRIDGING FINANCE, DEVELOPMENT FINANCE AND COM โ€ฆ
If your business is looking to finance bridging, development or commercial financing we have contacts with lenders and banks in over 25 countries around the world. Our specialist knowledge can help you get the ideal financing in place. Platinum Global Bridging Finance is a specialist bridging loan lender. They deliver the loan financing that suits you and your clients desired financing. Their aim is to be crystal clear, so they offerโ€ฆ
Global Environmental Finance Market Leading Players are Environmental Finance (F โ€ฆ
Global Environmental Finance Market Insights, Size, Share, Forecast to 2025 This report studies the Environmental Finance Market size by players, regions, product types and end industries, history data 2013-2017 and forecast data 2019-2025; this report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis. The main goal for the dissemination of this information is toโ€ฆ
Global Consumer Finance Services Market Forecast to 2025, Top Key Players- Bajaj โ€ฆ
The Consumer Finance Services Market Research Report is a valuable source of insightful data for business strategists. It provides the Consumer Finance Services overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Consumer Finance Services market study provides comprehensive data which enhances the understanding, scope and applicationโ€ฆ
Why Consumer Finance Market is Growing Worldwide? Watch out by top key players B โ€ฆ
The split of retail banking that deals with lending money to consumers. Consumer finance market is growing due to increasing per capita income, high economic growth, rapid urbanization and rise in consumer spending power. Rising consumer favorite towards the use of credit cards owing to the associated benefits related to it such as reward points and a host of promotional offers like movie tickets, discounts on flight bookings etc., is likelyโ€ฆ