Supply Chain Finance Market
The market for Supply Chain Finance was estimated at $7.3 billion in 2023; it is anticipated to increase to $16.2 billion by 2030, with projections indicating growth to around $28.5 billion by 2035.
Global Supply Chain Finance Market Outlook
Revenue, 2023
Forecast, 2033
CAGR, 2024 - 2033
The Supply Chain Finance industry revenue is expected to be around $9.2 billion in 2024 and expected to showcase growth with 12.0% CAGR between 2024 and 2033. The market for Supply Chain Finance is growing due to companies growing need for solutions to improve cash flow and assist their suppliers efficiently. In 2023 the market was estimated at around $7.3 billion and is expected to increase to $16 billion by 2030 and $28 billion by 2035, with a growth rate of 12% CAGR.
Supply chain finance offers choices throughout the supply chain that enable businesses to prolong payment terms while guaranteeing prompt payment, to suppliers. These options encompass financing and inventory and receivables discounting services that cater to a range of industries and enhance the management of working capital.
Market Key Insights
- The Supply Chain Finance market is projected to grow from $7.3 billion in 2023 to $22.7 billion in 2033. This represents a CAGR of 12%, reflecting rising demand across Invoice Financing, Receivables Discounting and Inventory Financing.
- HSBC, Citibank, Wells Fargo are among the leading players in this market, shaping its competitive landscape.
- U.S. and UK are the top markets within the Supply Chain Finance market and are expected to observe the growth CAGR of 10.8% to 14.4% between 2023 and 2030.
- Emerging markets including India, Brazil and Mexico are expected to observe highest growth with CAGR ranging between 8.4% to 12.6%.
- Transition like Rise of Digital Platforms in Supply Chain Finance is expected to add $777 million to the Supply Chain Finance market growth by 2030.
- The Supply Chain Finance market is set to add $15.4 billion between 2023 and 2033, with service providers targeting Retail & Healthcare Application projected to gain a larger market share.
- With Increased demand for working capital optimization, and Rising complexity in global supply chains, Supply Chain Finance market to expand 211% between 2023 and 2033.
