The Asia Pacific Reverse Factoring Market would witness market growth of 12.1% CAGR during the forecast period (2023-2029).
Over the past few years, trade receivables factoring has grown in prominence, with recent years seeing a greater emphasis on it. Key factors influencing this rise include a progressive switch from open account practices to commercial credit with bank backing. A more traceable, and thus safer, supply chain financing premise is being used as the basis for factoring in the banking system. The general unwillingness of numerous financial institutions to offer short-term credit without collateral has also expedited the adoption of financing mechanisms like reverse factoring.
This financing mechanism is also being used because of a number of specific advantages it offers, and because it caters to small & medium-sized enterprises (SMEs) in particular industry sectors, reverse factoring has received favorable feedback from the corporate community as a component of the factoring spectrum of services.
The advantages of reverse factoring for the supplier are more than apparent. It facilitates access to a credit line that allows invoices to be converted into new funds without committing other tangible collateral; access to more beneficial rates negotiated by the buyers. It also offers some other side benefits, including the potential for free insurance against the buyer's default and space for additional ancillary operations with the factor's main banking group.
Asia Pacific hosts several global trade hubs. Approximately fifty percent of the total imports of intermediate supplies into Asia are now made up, directly or indirectly, of China, which has now emerged as the most significant export market for intermediate goods for several of its Asian trading partners. Additionally, 20–25% of all capital goods exported from Japan and Korea are bound for China.
China's importance as a supplier has also expanded quickly. It currently makes up about 30% of intermediate items sent to Asia, compared to 15% a decade ago. Due to Asia's high level of vertical integration, the price of intermediate inputs can make up a sizeable portion of exporters' overall costs. This increases the need for safety and security parameters throughout the supply chain. Thus, as a result of all these factors, the regional market is bound to grow throughout the forecast period.
The China market dominated the Asia Pacific Reverse Factoring Market by Country in 2022 and would continue to be a dominant market till 2029; thereby, achieving a market value of $56 Billion by 2029. The Japan market is showcasing a CAGR of 11.4% during (2023 - 2029). Additionally, The India market would experience a CAGR of 13.1% during (2023 - 2029).
Based on Category, the market is segmented into Domestic and International. Based on Financial Institution, the market is segmented into Banks and Non-banking Financial Institutions. Based on End-use, the market is segmented into Manufacturing, Transport & Logistics, Information Technology, Healthcare, Construction and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Reverse Factoring Market is Projected to reach USD 1041.5 Billion by 2029, at a CAGR of 11.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include HSBC Holdings plc, Barclays PLC, JPMorgan Chase & Co., Banco Bilbao Vizcaya Argentaria SA, Deutsche Factoring Bank GmbH & Co. KG (Deutsche Leasing), Drip Capital Inc., PrimeRevenue, Inc., Trade Finance Global, Tradewind GmbH, and Credit Suisse Group AG.
Scope of the Study
Market Segments Covered in the Report:
By Category
By Financial Institution
- Banks
- Non-banking Financial Institutions
By End-use
- Manufacturing
- Transport & Logistics
- Information Technology
- Healthcare
- Construction
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- HSBC Holdings plc
- Barclays PLC
- JPMorgan Chase & Co.
- Banco Bilbao Vizcaya Argentaria SA
- Deutsche Factoring Bank GmbH & Co. KG (Deutsche Leasing)
- Drip Capital Inc.
- PrimeRevenue, Inc.
- Trade Finance Global
- Tradewind GmbH
- Credit Suisse Group AG
TABLE 1 Asia Pacific Reverse Factoring Market, 2019 - 2022, USD Billion
TABLE 2 Asia Pacific Reverse Factoring Market, 2023 - 2029, USD Billion
TABLE 3 Asia Pacific Reverse Factoring Market by Category, 2019 - 2022, USD Billion
TABLE 4 Asia Pacific Reverse Factoring Market by Category, 2023 - 2029, USD Billion
TABLE 5 Asia Pacific Domestic Market by Country, 2019 - 2022, USD Billion
TABLE 6 Asia Pacific Domestic Market by Country, 2023 - 2029, USD Billion
TABLE 7 Asia Pacific International Market by Country, 2019 - 2022, USD Billion
TABLE 8 Asia Pacific International Market by Country, 2023 - 2029, USD Billion
TABLE 9 Asia Pacific Reverse Factoring Market by Financial Institution, 2019 - 2022, USD Billion
TABLE 10 Asia Pacific Reverse Factoring Market by Financial Institution, 2023 - 2029, USD Billion
TABLE 11 Asia Pacific Banks Market by Country, 2019 - 2022, USD Billion
TABLE 12 Asia Pacific Banks Market by Country, 2023 - 2029, USD Billion
TABLE 13 Asia Pacific Non-banking Financial Institutions Market by Country, 2019 - 2022, USD Billion
TABLE 14 Asia Pacific Non-banking Financial Institutions Market by Country, 2023 - 2029, USD Billion
TABLE 15 Asia Pacific Reverse Factoring Market by End-use, 2019 - 2022, USD Billion
TABLE 16 Asia Pacific Reverse Factoring Market by End-use, 2023 - 2029, USD Billion
TABLE 17 Asia Pacific Manufacturing Market by Country, 2019 - 2022, USD Billion
TABLE 18 Asia Pacific Manufacturing Market by Country, 2023 - 2029, USD Billion
TABLE 19 Asia Pacific Transport & Logistics Market by Country, 2019 - 2022, USD Billion
TABLE 20 Asia Pacific Transport & Logistics Market by Country, 2023 - 2029, USD Billion
TABLE 21 Asia Pacific Information Technology Market by Country, 2019 - 2022, USD Billion
TABLE 22 Asia Pacific Information Technology Market by Country, 2023 - 2029, USD Billion
TABLE 23 Asia Pacific Healthcare Market by Country, 2019 - 2022, USD Billion
TABLE 24 Asia Pacific Healthcare Market by Country, 2023 - 2029, USD Billion
TABLE 25 Asia Pacific Construction Market by Country, 2019 - 2022, USD Billion
TABLE 26 Asia Pacific Construction Market by Country, 2023 - 2029, USD Billion
TABLE 27 Asia Pacific Others Market by Country, 2019 - 2022, USD Billion
TABLE 28 Asia Pacific Others Market by Country, 2023 - 2029, USD Billion
TABLE 29 Asia Pacific Reverse Factoring Market by Country, 2019 - 2022, USD Billion
TABLE 30 Asia Pacific Reverse Factoring Market by Country, 2023 - 2029, USD Billion
TABLE 31 China Reverse Factoring Market, 2019 - 2022, USD Billion
TABLE 32 China Reverse Factoring Market, 2023 - 2029, USD Billion
TABLE 33 China Reverse Factoring Market by Category, 2019 - 2022, USD Billion
TABLE 34 China Reverse Factoring Market by Category, 2023 - 2029, USD Billion
TABLE 35 China Reverse Factoring Market by Financial Institution, 2019 - 2022, USD Billion
TABLE 36 China Reverse Factoring Market by Financial Institution, 2023 - 2029, USD Billion
TABLE 37 China Reverse Factoring Market by End-use, 2019 - 2022, USD Billion
TABLE 38 China Reverse Factoring Market by End-use, 2023 - 2029, USD Billion
TABLE 39 Japan Reverse Factoring Market, 2019 - 2022, USD Billion
TABLE 40 Japan Reverse Factoring Market, 2023 - 2029, USD Billion
TABLE 41 Japan Reverse Factoring Market by Category, 2019 - 2022, USD Billion
TABLE 42 Japan Reverse Factoring Market by Category, 2023 - 2029, USD Billion
TABLE 43 Japan Reverse Factoring Market by Financial Institution, 2019 - 2022, USD Billion
TABLE 44 Japan Reverse Factoring Market by Financial Institution, 2023 - 2029, USD Billion
TABLE 45 Japan Reverse Factoring Market by End-use, 2019 - 2022, USD Billion
TABLE 46 Japan Reverse Factoring Market by End-use, 2023 - 2029, USD Billion
TABLE 47 India Reverse Factoring Market, 2019 - 2022, USD Billion
TABLE 48 India Reverse Factoring Market, 2023 - 2029, USD Billion
TABLE 49 India Reverse Factoring Market by Category, 2019 - 2022, USD Billion
TABLE 50 India Reverse Factoring Market by Category, 2023 - 2029, USD Billion
TABLE 51 India Reverse Factoring Market by Financial Institution, 2019 - 2022, USD Billion
TABLE 52 India Reverse Factoring Market by Financial Institution, 2023 - 2029, USD Billion
TABLE 53 India Reverse Factoring Market by End-use, 2019 - 2022, USD Billion
TABLE 54 India Reverse Factoring Market by End-use, 2023 - 2029, USD Billion
TABLE 55 South Korea Reverse Factoring Market, 2019 - 2022, USD Billion
TABLE 56 South Korea Reverse Factoring Market, 2023 - 2029, USD Billion
TABLE 57 South Korea Reverse Factoring Market by Category, 2019 - 2022, USD Billion
TABLE 58 South Korea Reverse Factoring Market by Category, 2023 - 2029, USD Billion
TABLE 59 South Korea Reverse Factoring Market by Financial Institution, 2019 - 2022, USD Billion
TABLE 60 South Korea Reverse Factoring Market by Financial Institution, 2023 - 2029, USD Billion
TABLE 61 South Korea Reverse Factoring Market by End-use, 2019 - 2022, USD Billion
TABLE 62 South Korea Reverse Factoring Market by End-use, 2023 - 2029, USD Billion
TABLE 63 Singapore Reverse Factoring Market, 2019 - 2022, USD Billion
TABLE 64 Singapore Reverse Factoring Market, 2023 - 2029, USD Billion
TABLE 65 Singapore Reverse Factoring Market by Category, 2019 - 2022, USD Billion
TABLE 66 Singapore Reverse Factoring Market by Category, 2023 - 2029, USD Billion
TABLE 67 Singapore Reverse Factoring Market by Financial Institution, 2019 - 2022, USD Billion
TABLE 68 Singapore Reverse Factoring Market by Financial Institution, 2023 - 2029, USD Billion
TABLE 69 Singapore Reverse Factoring Market by End-use, 2019 - 2022, USD Billion
TABLE 70 Singapore Reverse Factoring Market by End-use, 2023 - 2029, USD Billion
TABLE 71 Malaysia Reverse Factoring Market, 2019 - 2022, USD Billion
TABLE 72 Malaysia Reverse Factoring Market, 2023 - 2029, USD Billion
TABLE 73 Malaysia Reverse Factoring Market by Category, 2019 - 2022, USD Billion
TABLE 74 Malaysia Reverse Factoring Market by Category, 2023 - 2029, USD Billion
TABLE 75 Malaysia Reverse Factoring Market by Financial Institution, 2019 - 2022, USD Billion
TABLE 76 Malaysia Reverse Factoring Market by Financial Institution, 2023 - 2029, USD Billion
TABLE 77 Malaysia Reverse Factoring Market by End-use, 2019 - 2022, USD Billion
TABLE 78 Malaysia Reverse Factoring Market by End-use, 2023 - 2029, USD Billion
TABLE 79 Rest of Asia Pacific Reverse Factoring Market, 2019 - 2022, USD Billion
TABLE 80 Rest of Asia Pacific Reverse Factoring Market, 2023 - 2029, USD Billion
TABLE 81 Rest of Asia Pacific Reverse Factoring Market by Category, 2019 - 2022, USD Billion
TABLE 82 Rest of Asia Pacific Reverse Factoring Market by Category, 2023 - 2029, USD Billion
TABLE 83 Rest of Asia Pacific Reverse Factoring Market by Financial Institution, 2019 - 2022, USD Billion
TABLE 84 Rest of Asia Pacific Reverse Factoring Market by Financial Institution, 2023 - 2029, USD Billion
TABLE 85 Rest of Asia Pacific Reverse Factoring Market by End-use, 2019 - 2022, USD Billion
TABLE 86 Rest of Asia Pacific Reverse Factoring Market by End-use, 2023 - 2029, USD Billion
TABLE 87 Key Information – HSBC Holdings plc
TABLE 88 Key Information – Barclays PLC
TABLE 89 key information – JPMorgan Chase & Co.
TABLE 90 Key Information – Banco Bilbao Vizcaya Argentaria SA
TABLE 91 Key Information – Deutsche Factoring Bank GmbH & Co. KG
TABLE 92 Key Information – Drip Capital Inc.
TABLE 93 Key Information – PrimeRevenue, Inc.
TABLE 94 Key Information – Trade Finance Global
TABLE 95 Key Information – Tradewind GmbH
TABLE 96 Key Information – Credit Suisse Group AG
List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Reverse Factoring Market Share by Category, 2022
FIG 3 Asia Pacific Reverse Factoring Market Share by Category, 2029
FIG 4 Asia Pacific Reverse Factoring Market by Category, 2019 - 2029, USD Billion
FIG 5 Asia Pacific Reverse Factoring Market Share by Financial Institution, 2022
FIG 6 Asia Pacific Reverse Factoring Market Share by Financial Institution, 2029
FIG 7 Asia Pacific Reverse Factoring Market by Financial Institution, 2019 - 2029, USD Billion
FIG 8 Asia Pacific Reverse Factoring Market Share by End-use, 2022
FIG 9 Asia Pacific Reverse Factoring Market Share by End-use, 2029
FIG 10 Asia Pacific Reverse Factoring Market by End-use, 2019 - 2029, USD Billion
FIG 11 Asia Pacific Reverse Factoring Market Share by Country, 2022
FIG 12 Asia Pacific Reverse Factoring Market Share by Country, 2029
FIG 13 Asia Pacific Reverse Factoring Market by Country, 2019 - 2029, USD Billion
FIG 14 Recent strategies and developments: PrimeRevenue, Inc.