Distributive policy

Asia-Pacific Trade Finance Market Analysis Report 2022 – Policy Reforms for Better Integration of SMEs in Trade Finance – ResearchAndMarkets.com

The report “Asia-Pacific Trade Finance Market, By Offer, By Vendor Type, By Application, By End User, Estimate & Forecast, 2017 – 2030” has been added to from ResearchAndMarkets.com offer.

Market overview

The Asia-Pacific trade finance market held a market value of USD 3,444.3 billion in 2021 and is expected to reach USD 5,771.0 billion by 2030. The market is expected to grow at a CAGR of 5.8% from 2022 to 2030.

Trade finance relates to international and domestic trade transactions. The market is expected to be driven by the rapid expansion of the BFSI sector in the Asia-Pacific region, coupled with policy reforms for better integration of SMEs in trade finance.

Furthermore, collaboration between the government and international institutions for the development of digital infrastructure is also expected to fuel the growth of the market. Despite the driving factors, the heavy use of paperwork and documentation in transactions is likely to hamper the growth of the market.

Growth Influencers:

Policy reforms for better integration of SMEs in trade finance

Digitizing cross-border trade or digitizing and simplifying international trade procedures should help all businesses in the Asia-Pacific region, especially small and medium-sized enterprises (SMEs), which face the most trade uncertainty.

In addition, the Framework Agreement on Facilitation of Cross-Border Paperless Trade in Asia and the Pacific – a United Nations treaty is developed by more than 25 countries at different stages of development. This provided a source to accelerate progress. Therefore, policy reforms for better integration of SMEs in trade finance are expected to drive market growth.

The Letters of Credit (LOC) segment is expected to account for the largest market share of over 35% in 2021 owing to their wide use in commodity trading. The commercial lending segment is expected to experience the fastest growth rate of around 6.3% over the projected period owing to the growing demand from exporters, importers and domestic traders.

The banking segment is estimated to hold the largest share of over 55% of the market in 2021 owing to the strong preference of banks for finance-related services including trade finance.

The domestic trade segment is estimated to cross the $1.5 trillion mark by 2025 owing to its growing popularity due to the absence of trade restrictions and reduction in transportation costs.

The traders segment held a market opportunity of over USD 950 billion between 2022 and 2030 owing to the growing number of traders as compared to importers and exporters.

Country Overview

China is expected to grow at the highest CAGR of over 6.3% over the projected period due to the growing awareness of trade finance. On the other hand, the ASEAN region is expected to generate more than $1 trillion by 2027 owing to the growing expansion of the BFSI sector in these countries. For example, HSBC Holdings Plc, Citi bank and SBC are some of the major local and significant players in the Indonesian market.

Competitive landscape

These market players are engaged in mergers and acquisitions, collaborations, and new product launches, among other initiatives, to strengthen their presence in the market. For example, in February 2022, the Asian Development Bank partnered with IIFL Home Finance Limited (IIFL) with a $68 million loan to improve financial access to affordable green housing for low-income female borrowers. in India.

  • Asian Development Bank

  • Santander Bank SA

  • Bank of America Corp.

  • Standard Chartered plc

  • BNP Paribas SA

  • Citigroup Inc.

  • Crédit Agricole Group

  • Goldman Sachs Group Inc.

  • HSBC Holdings Plc

  • JPMorgan Chase & Co.

  • Mitsubishi Ufj Financial Group Inc.

  • Morgan Stanley,

  • Royal Bank of Scotland

  • Standard Chartered Bank

  • Wells Fargo & Co.

Main topics covered:

Chapter 1. Research framework

1.1. Research objective

1.2. Product presentation

1.3. Market segmentation

Chapter 2. Research Methodology

2.1. Qualitative research

2.1.1. Primary and secondary sources

2.2. Quantitative research

2.2.1. Primary and secondary sources

2.3. Breakdown of top research respondents, by region

2.4. Assumption for the study

2.5. Market size estimation

2.6. Data triangulation

Chapter 3. Summary: Asia Pacific Trade Finance Market

Chapter 4. Asia-Pacific Trade Finance Market Overview

4.1. Industry Value Chain Analysis

4.1.1. Cash

4.1.2. Diffusion & Distribution

4.1.3. Final user

4.2. Industry Outlook

4.2.1. Trade finance statistics 2021

4.2.2. Trade finance solutions

4.2.3. Trends in automated payment solutions

4.2.4. Top service providers for supply chain/trade finance platforms, by country

4.2.4.1. Digital Solution

4.2.4.2. Cash management solutions

4.2.5. Supply Chain/Trade/Transaction Baker Service start-up players, by country

4.2.6. Export value and import value by country, USD billion, 2017-2025

4.3. PESTLE analysis

4.4. Porter’s Five Forces Analysis

4.5. Market dynamics and trends

4.5.1. Growth engines

4.5.2. Constraints

4.5.3. Challenges

4.5.4. Key trends

4.6. Assessment of the impact of Covid-19 on the growth trend of the market

4.7. Market Growth and Prospects

4.7.1. Market Revenue Estimates & Forecasts (USD Billion), 2017 – 2030

4.7.2. Price analysis

4.8. Contest Dashboard

4.8.1. Market concentration rate

4.8.2. Company Market Share Analysis (Value%), 2020

4.8.2.1. Share by bank by financial product, by country

4.8.3. Competitor mapping

Chapter 5. Trade Finance Market Analysis, By Supply

5.1. key ideas

5.2. Market Size and Forecast, 2017 – 2030 (USD Billion)

5.2.1. Supply Chain Finance

5.2.2. Letters of Credit (LoC)

5.2.3. Deposits/Guarantees/Compensation

5.2.4. Commercial loans

5.2.5. Other services

5.2.5.1. Finance management

5.2.5.2. Exchange management

Chapter 6. Trade Finance Market Analysis, By Vendor Type

6.1. key ideas

6.2. Market Size and Forecast, 2017 – 2030 (USD Billion)

6.2.1. Banks

6.2.2. Trade Finance Houses

6.2.3. Others

Chapter 7.? Trade Finance Market Analysis, By Application ?

7.1. key ideas

7.2. Market Size and Forecast, 2017 – 2030 (USD Billion)

7.2.1. Internal trade

7.2.2. International exchange

Chapter 8. Trade Finance Market Analysis, By End User

8.1. key ideas

8.2. Market Size and Forecast, 2017 – 2030 (USD Billion)

8.2.1. Traders

8.2.2. Importers

8.2.3. Exporters

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