IT Industry Today

Factoring Service Market Share To Rise At 8.5% CAGR, To Reach USD 5.68 Billion by 2028

Factoring is a financial service where a business sells its accounts receivable (invoices) to a third party, known as a factor, at a discount.
Published 16 January 2024

Report Overview

Factoring is a financial service that involves the sale of accounts receivables to a third party, known as a factor, at a discount. This allows businesses to access immediate cash flow by receiving funds against their outstanding invoices. Factoring services are commonly used by small and medium-sized enterprises (SMEs) to improve their working capital and maintain a steady cash flow.

The Factoring Service Market has seen growth due to the increasing demand for working capital and cash flow management solutions, particularly among SMEs. Factoring services are prevalent globally, and different regions may have variations in terms of regulations, market players, and business practices.

According to the research report published by Polaris Market Research, the Global Factoring Service Market Size Is Expected To Reach USD 5.68 Billion By 2028., at a CAGR of 8.5% during the forecast period.

For More Insights on this Market, Get A Sample Report @

The research study includes a thorough examination of the revenue generated by various segments across different regions worldwide. To help stakeholders gain an in-depth understanding of the Factoring Service Market, the study taps hard-to-find information on aspects such as supply chain optimization, distribution channels, and technology advancements. Furthermore, the report includes Porter’s Five Forces to analyze the prominence of several features in the industry.

Competitive Landscape

This section of the report sheds light on the competitive landscape in the industry. It provides an in-depth examination of the Factoring Service Market key players, covering their market share, production capacity, and plant turnarounds. The study also details all the major strategic developments, such as mergers, acquisitions, and collaborations, in the industry.

The key players operating in the market are:

  • ABS Global Factoring
  • American Receivable
  • Barclays Bank PLC
  • BNP Paribas
  • CapitalPlus Construction Services
  • China Construction Bank Corporation
  • CreditGate24
  • Deutsche Factoring Bank
  • eCapital Corp.
  • Eurobank
  • Factor Funding Co
  • Hitachi Capital (UK) PLC
  • HSBC Group
  • ICBC China
  • Kuke Finance
  • Mizuho Financial Group Inc.
  • New Century Financial Inc.
  • Universal Funding Corp

For Additional List and Detail Information on Key Players, Send Your Request for Sample Report Brochure @

Growth Drivers

  • Key trends: The research study covers all the key trends and opportunities that are anticipated to drive the growth of the market.
  • Strategic developments: The report includes all the major strategic developments that are projected to drive the Factoring Service Market demand.
  • Government rules and policies: All the favorable governmental rules, regulations, and initiatives are detailed in the report.

Segmental Analysis

The research report for the Factoring Service Market has been primarily segmented by type, application, end-use, and region. It offers an in-depth analysis of each of these segments and lists the top segments that are projected to witness the fastest growth. Besides, a thorough overview of various sub-segments is included in the report.

Personalize Your Report - Explore Customization Options @

Regional Overview

This section of the report offers an in-depth analysis of the regional markets in the industry. It evaluates the regional markets by analyzing the pricing of products compared to the revenue generated. Besides, other important aspects such as production capacity, supply and demand, logistics, and past performance of the Factoring Service Market in the given region are also covered.

The major regions and sub-regions covered in the study are:

  • North America (U.S., Canada)
  • Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
  • Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
  • Latin America (Brazil, Mexico, Argentina)
  • Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

Research Methodology

The research report has been prepared by using industry-standard methodologies to provide an accurate and reliable analysis of the market. It involves the collection of data by expert analysts only to have it filtered to offer significant predictions about the market. Also, it includes interviews with industry experts to keep the research relevant and practical. Along with primary and secondary data approaches, the study considers publicly available sources to provide an insightful market understanding.

Key Highlights of the Report

  • Includes strategically important information to help businesses formulate effective R&D strategies.
  • Tracks all the recent innovations and major events in the Factoring Service Market.
  • Uses several analytical tools to accurately study and assess the data of key vendors in the industry.
  • Closely examines new partners or clients in the target demographic.
  • It helps you make strategic decisions and business plans.

Buy this Premium Research Report @

The Report Answers the Following Questions

  • What is the current size and projected value for the Factoring Service Market?
  • What are the major trends in the industry?
  • Where will strategic developments take the industry in the short and long term?
  • At what CAGR is the market anticipated to grow?
  • Which segments are projected to account for the highest Factoring Service Market share?
  • What are the major opportunities industry players can capitalize on?

About Us:

Polaris Market Research is a worldwide market research and consulting organization. We give an unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semiconductors, chemicals, automotive, and aerospace & defense, among different ventures present globally.

Contact Us:

Polaris Market Research

Phone: +1-929-297-9727


Other Industry News

Ready to start publishing

Sign Up today!