Reports

Amid Ukraine-Russia crisis, our analysts and industry experts are closely monitoring the markets and working hard to identify, gather and timely deliver analysis of the impact of the situation and the impact that it has on various markets. All our reports are updated with the latest impact on the market before being sent out to our customers.

Global Trade Credit Insurance Market: By Component: Product, Services; By Enterprise Size: Large, Medium, Small, Others; By Coverages; By Industry Vertical; By Application; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics: SWOT Analysis; Competitive Landscape; Industry Events and Developments

Global Trade Credit Insurance Market Outlook

The global trade credit insurance market attained a value of more than USD 10.2 billion in 2021. The market is further expected to grow in the forecast period of 2023-2028 at a CAGR of 8.6% to reach over USD 16.70 billion by 2027.

 

Rising Adoption of Trade Credit Insurance to Ensure Security Augmenting the Market Growth

The growth of the market can be associated with the rising adoption of trade credit insurance services to ensure security by providing the business protection against the potential risk of customer insolvency or default. Owing to the uncertainties in the economic landscape emerging from unprecedented events, such as the coronavirus pandemic, trade credit insurance backs up businesses to ensure stability and promote growth. This is providing impetus to the market.

 

Global Trade Credit Insurance Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

In addition to this, trade credit insurance provides services like global debt collection, indemnification of unpaid debts, and provides effective and professional assessment to the financial status of the customers, thereby adding to the growth of the market. Further, the market growth can further be characterised by the flourishing international trade and the rise in imports and exports of various goods. Hence, the adoption of trade credit insurance to maintain the security of businesses is a prime factor leading the growth of the market.

 

Trade Credit Insurance: Market Segmentation

Trade credit insurance refers to an effective monetary risk management tool that protects a business against losses arising from non-payment of trade-related debts in case of unforeseen insolvency, bankruptcy, or other defaults in payments.

On the basis of component, the market can be classified into:

  • Product
  • Services

Based on enterprise size, the market can be categorised into:

  • Large
  • Medium
  • Small
  • Others

The market, based on coverages, can be divided into:

  • Whole Turnover Coverage
  • Single Buyer Coverage

On the basis of industry vertical, the market can be segmented into:

  • Food and Beverages
  • IT and Telecom
  • Metals and Mining
  • Healthcare
  • Energy and Utilities 
  • Automotive
  • Others

Based on application, the market can be divided into:

  • Domestic
  • International

The EMR report looks into the regional markets of trade credit insurance like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Advent of Matured Computing Technology is Pushing the Growth of the Market

The market growth of trade data insurance has been determined by the significant growth in the banking, financial services, and insurance (BFSI) industry in recent years. The introduction of digital software to streamline banking and insurance services are catalysing the growth of the market. Thus, the introduction of Artificial Intelligence (AI) and Internet of Things (IoT) technology coupled with progressive computer technology, such as machine learning and big data, are positively influencing the growth of the market. These technologies enable automated business rules, self-learning models, and device identification, and predictive analysis, among others, all of which are highly advantageous while analysing risk. Hence, the advent of smart technology to minimise risks in business is bolstering the market growth of trade credit insurance.

 

Key Industry Players in the Global Trade Credit Insurance Market

The report presents a detailed analysis of the following key players in the global trade credit insurance market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • American International Group, Inc.
  • Aon plc
  • Atradius N.V.
  • Credendo – Export Credit Agency
  • Euler Hermes SA
  • QBE Insurance (Australia) Ltd. 
  • Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Component, Enterprise Size, Coverages, Industry Vertical, Application, Region
Breakup by Component Product, Services
Breakup by Enterprise Size Large, Medium, Small, Others
Breakup by Coverages Whole Turnover Coverage, Single Buyer Coverage
Breakup by Industry Vertical Food and Beverages, IT and Telecom, Metals and Mining, Healthcare, Energy and Utilities, Automotive, Others
Breakup by Application Domestic, International 
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered American International Group, Inc., Aon plc, Atradius N.V., Credendo – Export Credit Agency, Euler Hermes SA, QBE Insurance (Australia) Ltd., Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Trade Credit Insurance Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Trade Credit Insurance Historical Market (2018-2022) 
    8.3    Global Trade Credit Insurance Market Forecast (2023-2028)
    8.4    Global Trade Credit Insurance Market by Component
        8.4.1    Product
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2022)
            8.4.1.3    Forecast Trend (2023-2028)
        8.4.2    Services
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
    8.5    Global Trade Credit Insurance Market by Enterprise Size
        8.5.1    Large
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2022)
            8.5.1.3    Forecast Trend (2023-2028)
        8.5.2    Medium
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2022)
            8.5.2.3    Forecast Trend (2023-2028)
        8.5.3    Small
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2018-2022)
            8.5.3.3    Forecast Trend (2023-2028)
        8.5.4    Others
    8.6    Global Trade Credit Insurance Market by Coverages
        8.6.1    Whole Turnover Coverage
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2018-2022)
            8.6.1.3    Forecast Trend (2023-2028)
        8.6.2    Single Buyer Coverage
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2018-2022)
            8.6.2.3    Forecast Trend (2023-2028)
    8.7    Global Trade Credit Insurance Market by Industry Vertical
        8.7.1    Food and Beverages
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2018-2022)
            8.7.1.3    Forecast Trend (2023-2028)
        8.7.2    IT and Telecom
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2018-2022)
            8.7.2.3    Forecast Trend (2023-2028)
        8.7.3    Metals and Mining
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2018-2022)
            8.7.3.3    Forecast Trend (2023-2028)
        8.7.4    Healthcare
            8.7.4.1    Market Share
            8.7.4.2    Historical Trend (2018-2022)
            8.7.4.3    Forecast Trend (2023-2028)
        8.7.5    Energy and Utilities 
            8.7.5.1    Market Share
            8.7.5.2    Historical Trend (2018-2022)
            8.7.5.3    Forecast Trend (2023-2028)
        8.7.6    Automotive
            8.7.6.1    Market Share
            8.7.6.2    Historical Trend (2018-2022)
            8.7.6.3    Forecast Trend (2023-2028)
        8.7.7    Others
    8.8    Global Trade Credit Insurance Market by Application
        8.8.1    Domestic 
            8.8.1.1    Market Share
            8.8.1.2    Historical Trend (2018-2022)
            8.8.1.3    Forecast Trend (2023-2028)
        8.8.2    International
            8.8.2.1    Market Share
            8.8.2.2    Historical Trend (2018-2022)
            8.8.2.3    Forecast Trend (2023-2028)
    8.9    Global Trade Credit Insurance Market by Region       
        8.9.1    North America
            8.9.1.1    Market Share
            8.9.1.2    Historical Trend (2018-2022) 
            8.9.1.3    Forecast Trend (2023-2028)
        8.9.2    Europe
            8.9.2.1    Market Share
            8.9.2.2    Historical Trend (2018-2022) 
            8.9.2.3    Forecast Trend (2023-2028)
        8.9.3    Asia Pacific
            8.9.3.1    Market Share
            8.9.3.2    Historical Trend (2018-2022) 
            8.9.3.3    Forecast Trend (2023-2028)
        8.9.4    Latin America
            8.9.4.1    Market Share
            8.9.4.2    Historical Trend (2018-2022) 
            8.9.4.3    Forecast Trend (2023-2028)
        8.9.5    Middle East and Africa
            8.9.5.1    Market Share
            8.9.5.2    Historical Trend (2018-2022) 
            8.9.5.3    Forecast Trend (2023-2028)
9    North America Trade Credit Insurance Market Analysis
    9.1    United States of America 
        9.1.1    Market Share
        9.1.2    Historical Trend (2018-2022) 
        9.1.3    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Market Share
        9.2.2    Historical Trend (2018-2022) 
        9.2.3    Forecast Trend (2023-2028)
10    Europe Trade Credit Insurance Market Analysis
    10.1    United Kingdom
        10.1.1    Market Share
        10.1.2    Historical Trend (2018-2022) 
        10.1.3    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Market Share
        10.2.2    Historical Trend (2018-2022) 
        10.2.3    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Market Share
        10.3.2    Historical Trend (2018-2022) 
        10.3.3    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Market Share
        10.4.2    Historical Trend (2018-2022) 
        10.4.3    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific Trade Credit Insurance Market Analysis
    11.1    China
        11.1.1    Market Share
        11.1.2    Historical Trend (2018-2022) 
        11.1.3    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Market Share
        11.2.2    Historical Trend (2018-2022) 
        11.2.3    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Market Share
        11.3.2    Historical Trend (2018-2022) 
        11.3.3    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Market Share
        11.4.2    Historical Trend (2018-2022) 
        11.4.3    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Market Share
        11.5.2    Historical Trend (2018-2022) 
        11.5.3    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America Trade Credit Insurance Market Analysis
    12.1    Brazil
        12.1.1    Market Share
        12.1.2    Historical Trend (2018-2022) 
        12.1.3    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Market Share
        12.2.2    Historical Trend (2018-2022) 
        12.2.3    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Market Share
        12.3.2    Historical Trend (2018-2022) 
        12.3.3    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa Trade Credit Insurance Market Analysis
    13.1    Saudi Arabia
        13.1.1    Market Share
        13.1.2    Historical Trend (2018-2022) 
        13.1.3    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Market Share
        13.2.2    Historical Trend (2018-2022) 
        13.2.3    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Market Share
        13.3.2    Historical Trend (2018-2022) 
        13.3.3    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Market Share
        13.4.2    Historical Trend (2018-2022) 
        13.4.3    Forecast Trend (2023-2028)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Competitive Landscape
    15.1    Market Structure
    15.2    Company Profiles
        15.2.1    American International Group, Inc.
            15.2.1.1    Company Overview
            15.2.1.2    Product Portfolio
            15.2.1.3    Demographic Reach and Achievements
            15.2.1.4    Certifications
        15.2.2    Aon plc
            15.2.2.1    Company Overview
            15.2.2.2    Product Portfolio
            15.2.2.3    Demographic Reach and Achievements
            15.2.2.4    Certifications
        15.2.3    Atradius N.V.
            15.2.3.1    Company Overview
            15.2.3.2    Product Portfolio
            15.2.3.3    Demographic Reach and Achievements
            15.2.3.4    Certifications
        15.2.4    Credendo – Export Credit Agency
            15.2.4.1    Company Overview
            15.2.4.2    Product Portfolio
            15.2.4.3    Demographic Reach and Achievements
            15.2.4.4    Certifications
        15.2.5    Euler Hermes SA
            15.2.5.1    Company Overview
            15.2.5.2    Product Portfolio
            15.2.5.3    Demographic Reach and Achievements
            15.2.5.4    Certifications
        15.2.6    QBE Insurance (Australia) Ltd. 
            15.2.6.1    Company Overview
            15.2.6.2    Product Portfolio
            15.2.6.3    Demographic Reach and Achievements
            15.2.6.4    Certifications
        15.2.7    Others
16    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Trade Credit Insurance Market: Key Industry Highlights, 2018 and 2028
2.    Global Trade Credit Insurance Historical Market: Breakup by Component (USD Billion), 2018-2022
3.    Global Trade Credit Insurance Market Forecast: Breakup by Component (USD Billion), 2023-2028
4.    Global Trade Credit Insurance Historical Market: Breakup by Coverages (USD Billion), 2018-2022
5.    Global Trade Credit Insurance Market Forecast: Breakup by Coverages (USD Billion), 2023-2028
6.    Global Trade Credit Insurance Historical Market: Breakup by Industry Vertical (USD Billion), 2018-2022
7.    Global Trade Credit Insurance Market Forecast: Breakup by Industry Vertical (USD Billion), 2023-2028
8.    Global Trade Credit Insurance Historical Market: Breakup by Enterprise Size (USD Billion), 2018-2022
9.    Global Trade Credit Insurance Market Forecast: Breakup by Enterprise Size (USD Billion), 2023-2028
10.    Global Trade Credit Insurance Historical Market: Breakup by Application (USD Billion), 2018-2022
11.    Global Trade Credit Insurance Market Forecast: Breakup by Application (USD Billion), 2023-2028
12.    Global Trade Credit Insurance Historical Market: Breakup by Region (USD Billion), 2018-2022
13.    Global Trade Credit Insurance Market Forecast: Breakup by Region (USD Billion), 2023-2028
14.    North America Trade Credit Insurance Historical Market: Breakup by Country (USD Billion), 2018-2022
15.    North America Trade Credit Insurance Market Forecast: Breakup by Country (USD Billion), 2023-2028
16.    Europe Trade Credit Insurance Historical Market: Breakup by Country (USD Billion), 2018-2022
17.    Europe Trade Credit Insurance Market Forecast: Breakup by Country (USD Billion), 2023-2028
18.    Asia Pacific Trade Credit Insurance Historical Market: Breakup by Country (USD Billion), 2018-2022
19.    Asia Pacific Trade Credit Insurance Market Forecast: Breakup by Country (USD Billion), 2023-2028
20.    Latin America Trade Credit Insurance Historical Market: Breakup by Country (USD Billion), 2018-2022
21.    Latin America Trade Credit Insurance Market Forecast: Breakup by Country (USD Billion), 2023-2028
22.    Middle East and Africa Trade Credit Insurance Historical Market: Breakup by Country (USD Billion), 2018-2022
23.    Middle East and Africa Trade Credit Insurance Market Forecast: Breakup by Country (USD Billion), 2023-2028
24.    Global Trade Credit Insurance Market Structure

Key Questions Answered in the Report

In 2021, the global trade credit insurance market attained a value of over USD 10.2 billion.

The market is projected to grow at a CAGR of 8.6% between 2023 and 2028.

The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach more than USD 16.70 billion by 2027.

The market is being driven by the rising adoption of trade credit insurance to ensure stability in businesses in turbulent economic conditions.

The growth of the market can be associated with the inclusion of advanced digital technology, such as AI and IoT, to accurately analyse risks and prevent losses in businesses.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The major components of trade credit insurance are product and services.

The various enterprises sizes in the market large, medium, and small, among others.

The different coverages of trade credit insurance are whole turnover coverage and single buyer coverage.

The various industry verticals of trade credit insurance include food and beverages, IT and telecom, metals and mining, healthcare, energy and utilities, and automotive, among others.

The significant applications of trade credit insurance include domestic and international.

The major players in the industry are American International Group, Inc., Aon plc, Atradius N.V., Credendo – Export Credit Agency, Euler Hermes SA, and QBE Insurance (Australia) Ltd., among others.

Analyst Review

The global trade credit insurance market attained a value of more than USD 10.2 billion in 2021, driven by the flourishing BFSI industry. Aided by the advent of digital technology, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 8.6%. The market is projected to reach over USD 16.70 billion by 2027.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on component, the market can be classified into product and services. By enterprise size, the industry is divided into large, medium, and small, among others. On the basis of coverage, the market can be categorised into whole turnover coverage and single buyer coverage. The market, based on industry vertical, can be divided into food and beverages, IT and telecom, metals and mining, healthcare, energy and utilities, and automotive, among others. On the basis of application, the market can be segmented into domestic and international. The major regional markets for trade credit insurance are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include American International Group, Inc., Aon plc, Atradius N.V., Credendo – Export Credit Agency, Euler Hermes SA, and QBE Insurance (Australia) Ltd., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

Purchase Full Report

Mini Report

$1499
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

$2699
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Five User License

$3699
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

$4699
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

NEWSLETTER