Canada Factoring Services Market Size & Outlook, 2023-2030

The factoring services market in Canada is expected to reach a projected revenue of US$ 46.9 million by 2030. A compound annual growth rate of 11.6% is expected of Canada factoring services market from 2024 to 2030.
Revenue, 2023 (US$M)
$21.8
Forecast, 2030 (US$M)
$46.9
CAGR, 2024 - 2030
11.6%
Report Coverage
Canada

Canada factoring services market highlights

  • The Canada factoring services market generated a revenue of USD 21.8 million in 2023 and is expected to reach USD 46.9 million by 2030.
  • The Canada market is expected to grow at a CAGR of 11.6% from 2024 to 2030.
  • In terms of segment, domestic was the largest revenue generating category in 2023.
  • International is the most lucrative category segment registering the fastest growth during the forecast period.


Factoring services market data book summary

Market revenue in 2023USD 21.8 million
Market revenue in 2030USD 46.9 million
Growth rate11.6% (CAGR from 2023 to 2030)
Largest segmentDomestic
Fastest growing segmentInternational
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationDomestic, International
Key market players worldwideBarclays PLC, BNP Paribas Act. Cat.A, China Construction Bank Corp Class H, Deutsche Bank AG, Eurobank Ergasias Services And Holdings SA, Hitachi Ltd, HSBC Holdings PLC ADR, Industrial And Commercial Bank Of China Ltd Class H, Kuke Music Holding Ltd ADR, Mizuho Financial Group Inc, Societe Generale SA, Transcontinental Realty Investors Inc


Other key industry trends

  • In terms of revenue, Canada accounted for 0.5% of the global factoring services market in 2023.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. factoring services market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 46.9 million by 2030.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Factoring Services Market Scope

Factoring services market segmentation & scope
Domestic
International
Recourse
Non-recourse
Banks
Non Banking Financial Institutions
Manufacturing
Transport & Logistics
Information Technology
Healthcare
Construction
Staffing
Others

Factoring Services Market Companies

Name Profile # Employees HQ Website

Canada factoring services market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to factoring services market will help companies and investors design strategic landscapes.


Domestic was the largest segment with a revenue share of 79.82% in 2023. Horizon Databook has segmented the Canada factoring services market based on domestic, international covering the revenue growth of each sub-segment from 2018 to 2030.


Reasons to subscribe to Canada factoring services market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Canada factoring services market databook

  • Our clientele includes a mix of factoring services market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the Canada factoring services market , including forecasts for subscribers. This country databook contains high-level insights into Canada factoring services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

Canada factoring services market size, by category, 2018-2030 (US$M)

Canada Factoring Services Market Outlook Share, 2023 & 2030 (US$M)

Canada factoring services market size, by category, 2018-2030 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more