At A CAGR Of 3.77%, Trade Finance Market Globally Grow Over The Period 2017 - 2020
Trade financing is when finance is made available by banks to various trading companies to perform cross-border transactions. It also acts as an engine that drives the growth of a country's GDP. When a country produces goods or services, it exports some of those goods and services to other countries. However, there is a time lag between the production and delivery time required for the consignment to reach the importing country. So, there is a certain degree of uncertainty about whether the parties will honor their part of the transaction. Hence, the importing country appoints a bank to issue a financial instrument that promises to make the payment to the exporting country upon the successful delivery of the consignment to the importing country.
Technavios analysts forecast the global trade finance market to grow at a CAGR of 3.77% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global trade finance market for 2016-2020. To calculate the market size, the report considers the revenue generated by banks from the structured trade finance, supply chain finance, and traditional trade finance market in the Americas, Asia Pacific (APAC), and Europe, the Middle East, and Africa (EMEA).
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Trade Finance Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
BNP Paribas
Citigroup
HSBC
JPMorgan Chase
Mitsubishi UFJ Financial
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Other prominent vendors
ANZ
Arab Bank
Bank of America Merrill Lynch
BNP Paribas
BNY Mellon
Capital
Commerzbank
Market driver
High involvement of clearing house and trade through financial market integration
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Market challenge
Volatile political and economic environment
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Market trend
Enhanced strategic formulation and adoption of structuring and pricing tools
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Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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