Latin America Factoring Services Market Size & Outlook

The factoring services market in Latin America is expected to reach a projected revenue of US$ 594.2 million by 2030. A compound annual growth rate of 11.6% is expected of Latin America factoring services market from 2024 to 2030.
Revenue, 2023 (US$M)
$276.3
Forecast, 2030 (US$M)
$594.2
CAGR, 2024 - 2030
11.6%
Report Coverage
Latin America

Latin America factoring services market highlights

  • The Latin America factoring services market generated a revenue of USD 276.3 million in 2023.
  • The 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.
  • Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.


Latin America data book summary

Market revenue in 2023USD 276.3 million
Market revenue in 2030USD 594.2 million
Growth rate11.6% (CAGR from 2023 to 2030)
Largest segmentDomestic
Fastest growing segmentInternational
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 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, Latin America region accounted for 6.6% of the global factoring services market in 2023.
  • Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 2,234.7 million by 2030.

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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

Latin America 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 78.36% in 2023. Horizon Databook has segmented the Latin America factoring services market based on domestic, international covering the revenue growth of each sub-segment from 2018 to 2030.


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

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Latin America factoring services market size, by country, 2018-2030 (US$M)

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

Latin America factoring services market size, by country, 2018-2030 (US$M)

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