Market revenue in 2023 | USD 3,387.6 million |
Market revenue in 2030 | USD 6,844.7 million |
Growth rate | 10.6% (CAGR from 2023 to 2030) |
Largest segment | Large enterprises |
Fastest growing segment | Small and Medium Enterprises |
Historical data covered | 2017 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Large Enterprises, Small and Medium Enterprises |
Key market players worldwide | Allianz SE, Coface SA, American International Group Inc, Zurich Insurance Group AG, Chubb Ltd, QBE Insurance Group Ltd, American Financial Group Inc, Aon PLC Class A |
No credit card required*
Name | Profile | # Employees | HQ | Website |
---|
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 trade credit insurance market will help companies and investors design strategic landscapes.
Large enterprises was the largest segment with a revenue share of 61.57% in 2023. Horizon Databook has segmented the Europe trade credit insurance market based on large enterprises, small and medium enterprises covering the revenue growth of each sub-segment from 2017 to 2030.
According to the International Trade and Forfaiting Association (ITFA), a large sum of trade-related lending of over USD 630 billion by banks was supported by trade credit insurance in the European Union. Moreover, trade credit insurance can be used to protect pending receivables.
According to Allianz Trade’s economic research department, the government’s fiscal support in the U.K. is currently assisting about 4,300 businesses between 2022 and 2023; 6,700 firms in France, 2,600 firms in Germany, 1,900 firms in Italy, and 2,100 firms in Spain, which is fueling the demand for trade credit insurance among businesses in Europe.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe trade credit insurance market , including forecasts for subscribers. This continent databook contains high-level insights into Europe trade credit insurance market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account