Reverse Factoring Market Report, Size, Share, Growth, Trends, Industry Analysis, Forecast to 2033

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The new report published by The Business Research Company, titled Reverse Factoring Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the reverse factoring market size has grown strongly in recent years. It will grow from $492.72 billion in 2023 to $539.51 billion in 2024 at a compound annual growth rate (CAGR) of 9.5%. The reverse factoring market size is expected to see strong growth in the next few years. It will grow to $777.88 billion in 2028 at a compound annual growth rate (CAGR) of 9.6%.

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What Is Driving The Growth Of The Global Reverse Factoring Market?

Growing Reverse Factoring Adoption Boosts Market Growth
The increasing adoption of reverse factoring by manufacturers is expected to propel the growth of the reverse factoring market going forward. Manufacturers are companies that produce goods using labor, machinery, and raw materials, transforming them into finished products for sale. The increasing adoption of reverse factoring by manufacturers is driven by enhancing supplier cash flow and ensuring consistent supply chain operations amid financial challenges. Reverse factoring in manufacturing enhances liquidity for suppliers, reduces payment disputes, and stabilizes production schedules. For instance, in December 2021, according to the United Nations Industrial Development Organization (UNIDO), an Austria-based governmental organization, in the fourth quarter of 2021, global manufacturing production grew by 3.3% compared to the same period in 2020. This followed growth rates of 5.8% and 17.8% in the two preceding quarters. Therefore, the increasing adoption of reverse factoring by manufacturers is driving the growth of the reverse factoring market.

What Is The Key Trend In The Global Reverse Factoring Market?

Innovative Digital Reverse Factoring Solutions In The Financial Market
Major companies operating in the reverse factoring market are focused on developing innovative offerings, such as digital reverse factoring solutions, to gain a competitive edge. Digital reverse factoring is a financial solution that enables suppliers to receive early payment for their invoices, often at a lower cost of capital than they could obtain on their own. For instance, in April 2022, Eurobank Factors, a Greece-based provider of factoring services, launched a digital reverse factoring solution to help small and medium-sized enterprises (SMEs) access financing based on the creditworthiness of their larger buyers. Reverse factoring lets suppliers turn invoices into cash without having to pledge additional collateral, while buyers can enhance their working capital and reinforce supplier relationships. The digital platform streamlines the reverse factoring process, enabling suppliers to upload invoices for early payment, which are then approved by the buyer. Eurobank Factors offers financing to the supplier, charging a small fee, and receives payment from the buyer on the invoice maturity date. This arrangement enables suppliers to access lower-cost funding based on the buyer's credit rating rather than their own.

How Is The Global Reverse Factoring Market Segmented?
The reverse factoring market covered in this report is segmented -

1) By Category: Domestic, International
2) By Financial Institution: Banks, Non-Banking Financial Institutions
3) By End-Users: Manufacturing, Transport And Logistics, Information Technology, Healthcare, Construction, Other End-Users

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How Is The Competitive Landscape Of The Global Reverse Factoring Market?
Major companies operating in the reverse factoring market are ICBC China Limited, JPMorgan Chase & Co., Bank of America Corporation, Banco Santander S.A., HSBC Holdings plc, Citigroup Inc., Wells Fargo & Company, Banco do Brasil S.A., ING Groep N.V., Barclays plc, Societe Generale SA, Banco Bilbao Vizcaya Argentaria S.A., Deutsche Bank AG, Sumitomo Mitsui Banking Corporation, UniCredit S.p.A., Mizuho Financial Group Inc., Standard Chartered PLC, KBC Group NV, CaixaBank S.A., Accion International, PrimeRevenue Inc., Drip Capital Inc., Viva Capital Funding LLC, eFactor Network S.A.P.I. de C.V., Tradewind GmbH

Contents Of The Global Reverse Factoring Market
1. Executive Summary
2. Reverse Factoring Market Report Structure
3. Reverse Factoring Market Trends And Strategies
4. Reverse Factoring Market - Macro Economic Scenario
5. Reverse Factoring Market Size And Growth
…..
27. Reverse Factoring Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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