Global Trade Finance Market (TFM) is valued USD XXX billion in 2016 is anticipated to grow USD XXX billion with the compounded annual growth of 4.21% over the forecast period 2018-2025.
As per the new research study conducted by Report Ocean, Global Trade Finance Market (TFM) industry is poised to raise USD XXX billion by 2025. The technological development is responsible in the growth of the Global Trade Finance Market (TFM). Improvement in the management of stock and inventory, digitalization of trade documentation like certificates of origin, purchase orders & bills of lading, adoption of technical standards or standardization and process automation are offering significant growth opportunities. Trade finance means finance for trading that includes both domestic and international trade. Trade finance includes issuing the letter of Credit (LC), the export-credit services, lending and insurance services. With advancements in technology, the introduction to electronic transaction methods has reduced the risk associated with manual transactions, adoption of electronic trade finance has reduced the amount of cash that requires in the process, exporters get paid earlier which eventually reduces the costs for importers aiding to the growth of the trade finance market. Besides this, legal certainty limitations, political situation, and uncertain economic conditions are constraints in the growth of the Global Trade Finance Market (TFM).
To view the summary or to request a sample copy of this report, please click the link mentioned below:
Global Trade Finance Market (TFM) Size study, by Product (Supply chain finance, Export and agency finance), by Service Providers (Banks, Trade Finance houses), by End Use (Exporters, Importers, Traders) and by Regional Forecasts 2018-2025
The industry is seeming to be fairly competitive. Some of the leading market players BNP Paribas, Citigroup, HSBC Group, JPMorgan Chase, Wells Fargo, ICBC, China Exim Bank, Mizuho Financial Group, MUFG, Commerzbank, Bank of Communication, Credit Agricole, Standard Chartered, ANZ, Afreximbank, Export-Import Bank of India, AlAhli Bank, EBRD and so on. The fierce competitiveness has made these players spend in product developments to improve the customer’s requirements.
Key findings of the study:
Report Ocean has considered following segments for the study:
By Service Providers:
By End Use:
For more information about this report visit https://www.reportocean.com/industry-verticals/sample-request?report_id=16927
Get in Touch with Us:
Address: Classic Tower, Rajnagar Extension, Ghaziabad, 201017 – India
Tel: +1 888 212 3539 (US – TOLL FREE)