The Europe Reverse Factoring Market would witness market growth of 10.7% CAGR during the forecast period (2023-2029).
The real sale of a receivable occurs during factoring. For a charge that is handled between big merchants and banks, reverse factoring would enable suppliers to get paid on time. By agreeing to this supply chain financing arrangement, the funder is obligated to give the seller (where requested) financing that is advanced against the account payable (AP) after the buyer has authorized the invoice submitted from the seller. At the time specified on the issued invoice, the buyer then compensates the funder.
In some cycles, the necessity for this mechanism is brought on by large businesses' protracted payment delays to suppliers. Huge organizations (like retailers) will consent to pay a bank the money that is owed to trade creditors, and banks will subsequently pay suppliers the amount that is due to them promptly rather than after waiting for 30-90 days, which is required by the large retailers.
In a measure that boosted job development and assisted ambitious firms in succeeding, the Government of the UK made a deal with top UK companies that assisted businesses in getting increasing amounts of affordable credit. This indicates that top businesses provided their suppliers, many of which are UK SMEs, with up to £20 billion in new, more affordable financing. The Prime Minister of the United Kingdom added that the Government would provide this to its suppliers, starting with the first-ever Government Supply Chain Finance scheme for community-based pharmacies in England. This scheme will open up to £800 million in new credit for approximately 4,500 pharmacy businesses, mostly SMEs. The Prime Minister of the United Kingdom also stated that the Government will offer this to its suppliers.
Additionally, reverse factoring is also being utilized in the region in the construction sector. Renovations of buildings may be financed at the EU level using various funding sources. Among the most significant are Horizon 2020, the ELENA facility, the European Fund for Strategic Investments (EFSI), the European Structural and Investment Funds (ESIF), and the European Structural and Investment Funds (ESIF). Hence, the growing influence of numerous finance schemes throughout the region will also increase the demand.
The Germany market dominated the Europe Reverse Factoring Market by Country in 2022 and would continue to be a dominant market till 2029; thereby, achieving a market value of $119.3 Billion by 2029. The UK market is exhibiting a CAGR of 9.8% during (2023 - 2029). Additionally, The France market would register a CAGR of 11.6% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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 Europe Reverse Factoring Market, 2019 - 2022, USD Billion
TABLE 2 Europe Reverse Factoring Market, 2023 - 2029, USD Billion
TABLE 3 Europe Reverse Factoring Market by Category, 2019 - 2022, USD Billion
TABLE 4 Europe Reverse Factoring Market by Category, 2023 - 2029, USD Billion
TABLE 5 Europe Domestic Market by Country, 2019 - 2022, USD Billion
TABLE 6 Europe Domestic Market by Country, 2023 - 2029, USD Billion
TABLE 7 Europe International Market by Country, 2019 - 2022, USD Billion
TABLE 8 Europe International Market by Country, 2023 - 2029, USD Billion
TABLE 9 Europe Reverse Factoring Market by Financial Institution, 2019 - 2022, USD Billion
TABLE 10 Europe Reverse Factoring Market by Financial Institution, 2023 - 2029, USD Billion
TABLE 11 Europe Banks Market by Country, 2019 - 2022, USD Billion
TABLE 12 Europe Banks Market by Country, 2023 - 2029, USD Billion
TABLE 13 Europe Non-banking Financial Institutions Market by Country, 2019 - 2022, USD Billion
TABLE 14 Europe Non-banking Financial Institutions Market by Country, 2023 - 2029, USD Billion
TABLE 15 Europe Reverse Factoring Market by End-use, 2019 - 2022, USD Billion
TABLE 16 Europe Reverse Factoring Market by End-use, 2023 - 2029, USD Billion
TABLE 17 Europe Manufacturing Market by Country, 2019 - 2022, USD Billion
TABLE 18 Europe Manufacturing Market by Country, 2023 - 2029, USD Billion
TABLE 19 Europe Transport & Logistics Market by Country, 2019 - 2022, USD Billion
TABLE 20 Europe Transport & Logistics Market by Country, 2023 - 2029, USD Billion
TABLE 21 Europe Information Technology Market by Country, 2019 - 2022, USD Billion
TABLE 22 Europe Information Technology Market by Country, 2023 - 2029, USD Billion
TABLE 23 Europe Healthcare Market by Country, 2019 - 2022, USD Billion
TABLE 24 Europe Healthcare Market by Country, 2023 - 2029, USD Billion
TABLE 25 Europe Construction Market by Country, 2019 - 2022, USD Billion
TABLE 26 Europe Construction Market by Country, 2023 - 2029, USD Billion
TABLE 27 Europe Others Market by Country, 2019 - 2022, USD Billion
TABLE 28 Europe Others Market by Country, 2023 - 2029, USD Billion
TABLE 29 Europe Reverse Factoring Market by Country, 2019 - 2022, USD Billion
TABLE 30 Europe Reverse Factoring Market by Country, 2023 - 2029, USD Billion
TABLE 31 Germany Reverse Factoring Market, 2019 - 2022, USD Billion
TABLE 32 Germany Reverse Factoring Market, 2023 - 2029, USD Billion
TABLE 33 Germany Reverse Factoring Market by Category, 2019 - 2022, USD Billion
TABLE 34 Germany Reverse Factoring Market by Category, 2023 - 2029, USD Billion
TABLE 35 Germany Reverse Factoring Market by Financial Institution, 2019 - 2022, USD Billion
TABLE 36 Germany Reverse Factoring Market by Financial Institution, 2023 - 2029, USD Billion
TABLE 37 Germany Reverse Factoring Market by End-use, 2019 - 2022, USD Billion
TABLE 38 Germany Reverse Factoring Market by End-use, 2023 - 2029, USD Billion
TABLE 39 UK Reverse Factoring Market, 2019 - 2022, USD Billion
TABLE 40 UK Reverse Factoring Market, 2023 - 2029, USD Billion
TABLE 41 UK Reverse Factoring Market by Category, 2019 - 2022, USD Billion
TABLE 42 UK Reverse Factoring Market by Category, 2023 - 2029, USD Billion
TABLE 43 UK Reverse Factoring Market by Financial Institution, 2019 - 2022, USD Billion
TABLE 44 UK Reverse Factoring Market by Financial Institution, 2023 - 2029, USD Billion
TABLE 45 UK Reverse Factoring Market by End-use, 2019 - 2022, USD Billion
TABLE 46 UK Reverse Factoring Market by End-use, 2023 - 2029, USD Billion
TABLE 47 France Reverse Factoring Market, 2019 - 2022, USD Billion
TABLE 48 France Reverse Factoring Market, 2023 - 2029, USD Billion
TABLE 49 France Reverse Factoring Market by Category, 2019 - 2022, USD Billion
TABLE 50 France Reverse Factoring Market by Category, 2023 - 2029, USD Billion
TABLE 51 France Reverse Factoring Market by Financial Institution, 2019 - 2022, USD Billion
TABLE 52 France Reverse Factoring Market by Financial Institution, 2023 - 2029, USD Billion
TABLE 53 France Reverse Factoring Market by End-use, 2019 - 2022, USD Billion
TABLE 54 France Reverse Factoring Market by End-use, 2023 - 2029, USD Billion
TABLE 55 Russia Reverse Factoring Market, 2019 - 2022, USD Billion
TABLE 56 Russia Reverse Factoring Market, 2023 - 2029, USD Billion
TABLE 57 Russia Reverse Factoring Market by Category, 2019 - 2022, USD Billion
TABLE 58 Russia Reverse Factoring Market by Category, 2023 - 2029, USD Billion
TABLE 59 Russia Reverse Factoring Market by Financial Institution, 2019 - 2022, USD Billion
TABLE 60 Russia Reverse Factoring Market by Financial Institution, 2023 - 2029, USD Billion
TABLE 61 Russia Reverse Factoring Market by End-use, 2019 - 2022, USD Billion
TABLE 62 Russia Reverse Factoring Market by End-use, 2023 - 2029, USD Billion
TABLE 63 Spain Reverse Factoring Market, 2019 - 2022, USD Billion
TABLE 64 Spain Reverse Factoring Market, 2023 - 2029, USD Billion
TABLE 65 Spain Reverse Factoring Market by Category, 2019 - 2022, USD Billion
TABLE 66 Spain Reverse Factoring Market by Category, 2023 - 2029, USD Billion
TABLE 67 Spain Reverse Factoring Market by Financial Institution, 2019 - 2022, USD Billion
TABLE 68 Spain Reverse Factoring Market by Financial Institution, 2023 - 2029, USD Billion
TABLE 69 Spain Reverse Factoring Market by End-use, 2019 - 2022, USD Billion
TABLE 70 Spain Reverse Factoring Market by End-use, 2023 - 2029, USD Billion
TABLE 71 Italy Reverse Factoring Market, 2019 - 2022, USD Billion
TABLE 72 Italy Reverse Factoring Market, 2023 - 2029, USD Billion
TABLE 73 Italy Reverse Factoring Market by Category, 2019 - 2022, USD Billion
TABLE 74 Italy Reverse Factoring Market by Category, 2023 - 2029, USD Billion
TABLE 75 Italy Reverse Factoring Market by Financial Institution, 2019 - 2022, USD Billion
TABLE 76 Italy Reverse Factoring Market by Financial Institution, 2023 - 2029, USD Billion
TABLE 77 Italy Reverse Factoring Market by End-use, 2019 - 2022, USD Billion
TABLE 78 Italy Reverse Factoring Market by End-use, 2023 - 2029, USD Billion
TABLE 79 Rest of Europe Reverse Factoring Market, 2019 - 2022, USD Billion
TABLE 80 Rest of Europe Reverse Factoring Market, 2023 - 2029, USD Billion
TABLE 81 Rest of Europe Reverse Factoring Market by Category, 2019 - 2022, USD Billion
TABLE 82 Rest of Europe Reverse Factoring Market by Category, 2023 - 2029, USD Billion
TABLE 83 Rest of Europe Reverse Factoring Market by Financial Institution, 2019 - 2022, USD Billion
TABLE 84 Rest of Europe Reverse Factoring Market by Financial Institution, 2023 - 2029, USD Billion
TABLE 85 Rest of Europe Reverse Factoring Market by End-use, 2019 - 2022, USD Billion
TABLE 86 Rest of Europe 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 Europe Reverse Factoring Market Share by Category, 2022
FIG 3 Europe Reverse Factoring Market Share by Category, 2029
FIG 4 Europe Reverse Factoring Market by Category, 2019 - 2029, USD Billion
FIG 5 Europe Reverse Factoring Market Share by Financial Institution, 2022
FIG 6 Europe Reverse Factoring Market Share by Financial Institution, 2029
FIG 7 Europe Reverse Factoring Market by Financial Institution, 2019 - 2029, USD Billion
FIG 8 Europe Reverse Factoring Market Share by End-use, 2022
FIG 9 Europe Reverse Factoring Market Share by End-use, 2029
FIG 10 Europe Reverse Factoring Market by End-use, 2019 - 2029, USD Billion
FIG 11 Europe Reverse Factoring Market Share by Country, 2022
FIG 12 Europe Reverse Factoring Market Share by Country, 2029
FIG 13 Europe Reverse Factoring Market by Country, 2019 - 2029, USD Billion
FIG 14 Recent strategies and developments: PrimeRevenue, Inc.