Press release
Trade Credit Insurance Market 2025: Strong Growth, Key Players, and Future Trends
Trade Credit Insurance Market
Trade Credit Insurance market expected to expand significantly over time
What Is The Projected Market Size Of The Global Trade Credit Insurance Market And Its Growth Rate?
The global trade credit insurance market has experienced substantial growth in recent years, with projected expansion as follows:
•2024 Market Size: $12.21 billion
•2025 Market Size: $13.34 billion (9.3% CAGR)
•2029 Market Size: $19.25 billion (9.6% CAGR)
The growth factors for the market include global economic uncertainty, market expansion, international trade growth, risk mitigation for small and medium enterprises (SMEs), compliance with regulatory requirements, access to financing and improved credit terms, and more.
What Is Driving The Growth In The Trade Credit Insurance Market?
The global surge in the import and export of goods and services is the primary driver of the trade credit insurance market's growth. These trade activities create increased demand for trade credit insurance, with the aim to protect trading companies' receivables from potential credit risks. According to an updated forecast from the World Trade Organization in October 2024, global goods trade is expected to grow by 2.7% in 2024, and rise by 3.0% in 2025, offering numerous growth opportunities for the trade credit insurance market.
Request A Free Sample Copy:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9029&type=smp
Who Are the Key Players Driving Trade Credit Insurance Market Growth?
•Export Development Canada
•AXA SA
•American International Group Inc.
•Chubb Limited
•Liberty Mutual Insurance Company
•Sompo Japan Insurance Inc.
•Mapfre S.A.
•Marsh & McLennan Companies Inc.
•Cesce SpA
•QBE Insurance Group Limited
•Markel Corporation
•Aon plc
•CNA Financial Corporation
•Hannover Re
•Willis Towers Watson Public Limited Company
•Zurich Insurance Group AG
•AmTrust Financial Services Inc.
•Tokio Marine HCC
•Atradius N.V.
•Euler Hermes Aktiengesellschaft
•Coface SA
•CBL Insurance Limited
•Credendo Group
•Nexus Underwriting Management Limited
•China Export & Credit Insurance Corporation (Sinosure)
•Sinosure
•CNA Hardy
What Are The Key Trends In The Trade Credit Insurance Market?
•Blockchain technology for enhanced security
•Increased demand for non-cancellable policies
•Risk mitigation strategies for supply chain disruptions
•Evolving regulatory landscape
•Rise of parametric insurance solutions
What Are The Segments Of The Global Trade Credit Insurance Market?
1) By Component: Product, Services
2) By Coverage: Whole Turnover Coverage, Single Buyer Coverage
3) By Application: Domestic, Exports
4) By Industry Vertical: Food and Beverages, IT and Telecom, Metals and Mining, Healthcare, Energy and Utilities, Automotive, Other Industry Verticals
Which Region Leads The Trade Credit Insurance Market?
Europe was the largest region in the trade credit insurance market in 2024. However, Asia-Pacific is anticipated to be the fastest-growing region in the global market during the forecast period.
Pre-book the Report for Swift Delivery:
https://www.thebusinessresearchcompany.com/report/trade-credit-insurance-global-market-report
What Is Covered In The Trade Credit Insurance Global Market Report?
- Market Size Analysis: Analyze the Trade Credit Insurance Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Trade Credit Insurance Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Trade Credit Insurance Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Trade Credit Insurance Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Request Customization for This Report:
https://www.thebusinessresearchcompany.com/customise?id=9029&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights across 27 industries and over 60 geographies. With the global market model being their flagship product, they provide updates on market forecast to aid in informed decision making.
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 Trade Credit Insurance Market 2025: Strong Growth, Key Players, and Future Trends here
News-ID: 3845724 • Views: …
More Releases from The Business research company
Pesticide And Other Agricultural Chemicals Industry Set to Achieve $156.05 Billi …
Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments.
What Is the Long-Term Growth Forecast for the Pesticide And Other Agricultural Chemicals Market Size 2025?
In recent years, the market size for pesticides and other agricultural chemicals has witnessed significant growth. From a value of $104.46 billion in 2024, it's projected to swell to $113.13 billion in 2025, reflecting a compound…
Organophosphates Pesticides Industry Expected to Reach $10.67 Billion by 2029 at …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
Organophosphates Pesticides Market Value Projection: How Much Will the Market Size by 2025?
The market size of organophosphates pesticides has experienced consistent growth in the prior years. The market is projected to expand from $8.05 billion in 2024 to $8.41 billion in 2025, with a compound annual growth rate (CAGR) of…
Nitrobenzene Industry Growth Outlook: 7.5% CAGR and $15.35 Billion by 2029
Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments.
What Is the Long-Term Growth Forecast for the Nitrobenzene Market Size 2025?
In the past few years, the size of the nitrobenzene market has witnessed significant growth. It is projected to increase from $10.96 billion in 2024 to $11.51 billion in 2025, with a compound annual growth rate (CAGR) of 5.1%. The…
Nail Polish Market Analysis: $24.61 Billion by 2029 With a CAGR of 11.5%
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
Nail Polish Market Value Projection: How Much Will the Market Size by 2025?
The industry of nail polish has witnessed significant expansion in the past few years. Projected to surge from $14.39 billion in 2024 to $15.93 billion in 2025, it is expected to observe a compound annual growth rate (CAGR)…
More Releases for Insurance
Renters Insurance Market to See Competition Rise | Travelers Insurance, Geico In …
HTF MI introduces new research on Renters Insurance covering the micro level of analysis by competitors and key business segments (2023-2029). The Renters Insurance explores a comprehensive study of various segments like opportunities, size, development, innovation, sales, and overall growth of major players. The research is carried out on primary and secondary statistics sources and it consists of both qualitative and quantitative detailing. Some of the major key players profiled…
Insurance Road Assistance Services Market Is Booming Worldwide | Travelers Insur …
Insurance Road Assistance Services Market: The extensive research on Insurance Road Assistance Services Market, by Qurate Research is a clear representation on all the essential factors that are expected to drive the market considerably. Thorough study on Insurance Road Assistance Services Market helps the buyers of the report, customers, the stakeholders, business owners, and stockholders to understand the market in detail. The updated research report comprises key information on the…
Agriculture Crop Insurance Market Type (MPCI Insurance, Hail Insurance, Livestoc …
Agriculture Crop Insurance market worldwide Agriculture is an important contributor to any economy. The extensive use of crops for direct human consumption and industrial processes has resulted in increasing the pressure on the existing supply demand gap. Increasing need for food security is expected to augment the demand for insurance policies. The two major risks in agricultural sector are price risk, caused due to volatility in prices in the market…
Household Insurance Market By Key Players: Discount Insurance Home Insurance, On …
Household Insurance Industry Overview
The Household Insurance market research study relies upon a combination of primary as well as secondary research. It throws light on the key factors concerned with generating and limiting Household Insurance market growth. In addition, the current mergers and acquisition by key players in the market have been described at length. Additionally, the historical information and current growth of the market have been given in the scope of the research report. The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Household Insurance market…
Life Insurance Market in Kuwait By Warba Insurance Company, Al Ahleia Insurance …
GlobalData’s 'Life Insurance in Kuwait, Key Trends and Opportunities to 2021' report provides a detailed outlook by product category for the Kuwaiti life insurance segment, and a comparison of the Kuwaiti insurance industry with its regional counterparts.
It provides key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, total assets, total investment income and retentions during the review period (2012-2016) and forecast period (2016-2021).
The report also…
Non-Life Insurance Market :Health Insurance, Property Insurance, Cargo Insurance …
Non-Life Insurance Market Overview:
Summary:Excellence consistency maintains by Garner Insights in Research Report in which studies the global Non-Life Insurance market status and forecast, categorizes and Equipment market value by manufacturers, type, application, and region.
Get Access to Report Sample: http://bit.ly/2Q9Hd8z
Non-Life Insurance market was valued at Million US$ in 2017 and is projected to reach Million US$ by 2025, at a CAGR of during the forecast period. In this study, 2017 has been…
