Business Wire

Global Trade Credit Insurance Market (2020 to 2027) – by Component, Enterprise Size, Application, Coverage and Industry Vertical – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Trade Credit Insurance Market by Component, Enterprise Size, Application, Coverage and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2020-2027” report has been added to ResearchAndMarkets.com’s offering.

Trade credit insurance policy is largely purchased by a borrower of funds to overcome from events of a death, disability, unemployment, and others. It is generally marketed as a credit card feature and is largely available to credit card customers with the monthly cost charging a low percentage of the card’s unpaid balance. Trade credit insurance engages in covering several commercial & political risks for businesses & individuals in the market.

Attributed to increased trade, which includes issuing letters of credit (LCs), receivables & invoice finance, and others, the demand for credit insurance has accelerated and is expected to maintain its dominance during the forecast period. In addition, increase in commercial threats while trading and several benefits provided by credit insurance are major factors that drive the market growth. However, varied & conflicting trade regulations across different jurisdictions and lack of awareness toward trade credit insurance globally are some of the factors that hamper the market growth.

On the contrary, developing economies, such as India, South Korea, Taiwan, and Vietnam, are witnessing high growth in their manufacturing sector. Therefore, expansion of business and supplying of goods & services are expected to provide an immense opportunity to the credit insurance market. Moreover, rapid growth of small & medium-sized businesses looking to expand their offerings worldwide which is expected to boost the trade credit insurance market growth in the coming years.

The trade credit insurance market is segmented on the basis of component, enterprise size, application, coverage, industry vertical, and region. Based on component, the market is bifurcated into products and services. On the basis of enterprise size, it is segmented into large enterprises, medium enterprises, and small enterprises. By application, it is categorized into domestic and international.

By coverage, the market is bifurcated whole turnover coverage and single buyer coverage. Based on industry vertical, it is segmented into food & beverages, IT & telecom, metals & mining, healthcare, energy & utilities, automotive, and others. Region-wise, the trade credit insurance market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key Market Players

  • American International Group Inc.
  • Aon plc
  • Atradius N.V.
  • Coface
  • Credendo
  • EULER HERMES
  • Export Development Canada
  • QBE Insurance (Australia) Ltd.
  • SINOSURE
  • Zurich

Key Benefits for Stakeholders

  • The study provides in-depth analysis of the global trade credit insurance market along with the current & future trends to illustrate the imminent investment pockets.
  • Information about key drivers, restrains, & opportunities and their impact analysis on the global trade credit insurance market size are provided in the report.
  • Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
  • The quantitative analysis of the global trade credit insurance market from 2020 to 2027 is provided to determine the market potential.

Key Topics Covered:

CHAPTER 1: INTRODUCTION

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

CHAPTER 3: MARKET LANDSCAPE

3.1. MARKET DEFINITION AND SCOPE

3.2. KEY FINDINGS

3.2.1. Top investment pockets

3.2.2. Top winning strategies

3.3. PORTER’S FIVE FORCES ANALYSIS

3.3.1. Bargaining power of suppliers

3.3.2. Threat of new entrants

3.3.3. Threat of substitutes

3.3.4. Competitive rivalry

3.3.5. Bargaining power among buyers

3.4. MARKET SHARE ANALYSIS/TOP PLAYER POSITIONING

3.5. MARKET DYNAMICS

3.5.1. Drivers

3.5.2. Restraints

3.5.3. Opportunities

3.6. COVID-19 IMPACT ANALYSIS ON TRADE CREDIT INSURANCE MARKET

3.6.1. Impact on trade credit insurance market size

3.6.2. Change in regulatory trends, preferences, and budget impact, owing to COVID-19

3.6.3. Framework for market challenges faced by trade credit insurance providers

3.6.4. Economic impact on trade credit insurance providers

3.6.5. Key player strategies to tackle negative impact on the industry

3.6.6. Opportunity analysis for trade credit insurance providers

CHAPTER 4: TRADE CREDIT INSURANCE MARKET BY COMPONENT

4.1. OVERVIEW

4.2. PRODUCT

4.2.1. Key market trends, Growth factors and opportunities

4.2.2. Market size and forecast by region

4.2.3. Market analysis by country

4.3. SERVICES

4.3.1. Key market trends, Growth factors and opportunities

4.3.2. Market size and forecast by region

4.3.3. Market analysis by country

CHAPTER 5: TRADE CREDIT INSURANCE MARKET BY ENTERPRISE SIZE

5.1. OVERVIEW

5.2. LARGE ENTERPRISES

5.3. MEDIUM ENTERPRISES

5.4. SMALL ENTERPRISE

CHAPTER 6: TRADE CREDIT INSURANCE MARKET BY COVERAGES

6.1. OVERVIEW

6.2. WHOLE TURNOVER COVERAGE

6.3. SINGLE BUYER COVERAGE

CHAPTER 7: TRADE CREDIT INSURANCE MARKET BY INDUSTRY VERTICAL

7.1. OVERVIEW

7.2. FOOD & BEVERAGES

7.3. IT & TELECOM

7.4. METALS & MINING

7.5. HEALTHCARE

7.6. ENERGY & UTILITIES

7.7. AUTOMOTIVE

7.8. OTHERS

CHAPTER 8: TRADE CREDIT INSURANCE MARKET BY APPLICATION

8.1. OVERVIEW

8.2. DOMESTIC

8.3. INTERNATIONAL

CHAPTER 9: TRADE CREDIT INSURANCE MARKET BY REGION

9.1. OVERVIEW

9.2. NORTH AMERICA

9.3. EUROPE

9.4. ASIA-PACIFIC

9.5. LAMEA

CHAPTER 10: COMPANY PROFILES

For more information about this report visit https://www.researchandmarkets.com/r/nfbnhz

Contacts

ResearchAndMarkets.com

Laura Wood, Senior Press Manager

[email protected]
For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Comment moderation is enabled. Your comment may take some time to appear.

Back to top button

Adblock detected

Please consider supporting us by disabling your ad blocker