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The trade finance market is improving due to government initiatives to promote implementation of digitalization with block chain facilities, enhancing ease of doing business globally.
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Trade Finance Market: Global Opportunity Analysis and Industry Forecast, 2019-2026 • Pages: 213 Tables: 98 Charts: 42
Global Trade Finance Market Outlook (2019 – 2026) Trade Finance Market by Product Type, Service Providers, and End User: Global Opportunity Analysis and Industry Forecasts, 2019-2026 • Pages: 213 Tables: 98 Charts: 42
Global Trade Finance Market Outlook (2019 – 2026) • Top Impacting Factors: • Global trade finance market was valued at $39714.2 million in 2018 and is expected to reach $56,065.6 million by 2026, registering a CAGR of 3.79% from 2019 to 2026. • The key advantage of trade finance is that it facilitates easy way to arrange short-term finance. • Rise in competition and new trade agreements; and improved inventory management by various companies propel the market growth. • LAMEA and North America collectively accounted for higher revenue in the market. • Advancements in technology, switching from traditional banking methods for documentation to ease paperwork, and efficient enhancement in trade finance industry provide opportunities for the market. • Pages: 213 Tables: 98 Charts: 42
Key Benefits for Trade Finance Market : • The development of technologies like OCR to read container numbers, RFID and QR codes to identify and trace shipments, blockchain and enhancing digitization of trade documents drive the trade finance market growth. • It is the financing of international trade flows and acts as an intermediary between importers and exporters to mitigate the risks involved in transactions and enhance working capital efficiency in businesses. • Trade finance is used by buyers, sellers, manufactures, importers, and exporters to ease financing activities; it deals with the way cash, credit, investments, and other assets are used for trade. • Strategic formulation along with adoption of structuring and pricing tools offer some other growth opportunities to the market. Global Trade Finance Market Outlook (2019 – 2026) • Pages: 213 Tables: 98 Charts: 42
Key Findings of Trade Finance Market : • Credit agencies are providing finances to foreign buyers at a large scale, supporting highly structured financing solutions, which in-turn enhances exporters risk capacity. • Depending on service providers, the banks segment generated the highest revenue in 2018 and is anticipated to continue the same during the forecast period. • The study provides an in-depth analysis of the global trade finance market share with the current trends and future estimations to elucidate the imminent investment pockets. • The U.S. is projected to grow at a CAGR of 3.6%, from 2019 to 2026. Global Trade Finance Market Outlook (2019 – 2026) • Pages: 213 Tables: 98 Charts: 42
Global Trade Finance Market Outlook (2019 – 2026) • Key Market Players • Asian Development Bank (ADB) • Bank of America • BNP Paribas • Citigroup Inc. • Euler Hermes • HSBC Holdings plc. • JPMorgan Chase & Co. • Mitsubishi UFJ Financial Group, Inc. • Royal Bank of Scotland • Standard Chartered Bank • Pages: 213 Tables: 98 Charts: 42
Global Trade Finance Market Outlook (2019 – 2026) Download Sample PDF @ https://www.alliedmarketresearch.com/request-sample/4332 Explore Report @ https://www.alliedmarketresearch.com/trade-finance-market Press Release @ https://www.alliedmarketresearch.com/press-release/trade-finance-market.html • Pages: 213 Tables: 98 Charts: 42
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