+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
New

North America Trade Credit Insurance Market Size, Share & Industry Trends Analysis Report By Coverage (Whole Turnover and Single Buyer), By Application (International and Domestic), By Organization Size, By Vertical, By Country and Growth Forecast, 2022 - 2028

  • PDF Icon

    Report

  • 92 Pages
  • December 2022
  • Region: North America
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5723873
The North America Trade Credit Insurance Market should witness market growth of 11.1% CAGR during the forecast period (2022-2028).

Trade credit insurance helps businesses to lend more credit to clients while lowering the likelihood that they won't be paid. This encourages secured sales expansion, such as entering new markets and minimizing reliance on L/Cs. To enhance lending opportunities with financial institutions, credit insurance may be considered as collateral.

This can provide more finance options to help a company's expansion. Trade credit insurance has been utilized strategically by many publicly traded companies to foster profitable expansion and provide shareholders with reassurance that their sizable essential assets are safeguarded. On the balance sheet, accounts receivables may make up as much as 40% of the assets.

A product must pass certification and testing requirements that specify its characteristics, the way it will be branded or packaged, and how it will function under various conditions before it can be marketed in Canada. These rules should serve honorable public policy goals, but they may cause issues if they are overly burdensome, biased, or used to restrict trade. When technology restrictions on trade go beyond what is required or put an unfair burden on enterprises, they are considered trade barriers.

The US market dominated the North America Trade Credit Insurance Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $3, 468.9 million by 2028. The Canada market is poised to grow at a CAGR of 13.3% during (2022-2028). Additionally, The Mexico market should witness a CAGR of 13% during (2022-2028).

Based on Coverage, the market is segmented into Whole Turnover and Single Buyer. Based on Application, the market is segmented into International and Domestic. Based on Organization Size, the market is segmented into Large Enterprises and SMEs. Based on Vertical, the market is segmented into Food & Beverage, Healthcare, Automotive, Energy, IT & Telecom and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Allianz Trade(Allianz Group), Atradius N.V., Coface SA, American International Group, Inc., Zurich Insurance Group Ltd., Chubb Limited, QBE Insurance Group Limited, Great American Insurance Company, and AON Plc.

Scope of the Study

By Coverage

  • Whole Turnover
  • Single Buyer

By Application

  • International
  • Domestic

By Organization Size

  • Large Enterprises
  • SMEs

By Vertical

  • Food & Beverage
  • Healthcare
  • Automotive
  • Energy
  • IT & Telecom
  • Others

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Key Market Players

List of Companies Profiled in the Report:

  • Allianz Trade(Allianz Group)
  • Atradius N.V.
  • Coface SA
  • American International Group, Inc.
  • Zurich Insurance Group Ltd.
  • Chubb Limited
  • QBE Insurance Group Limited
  • Great American Insurance Company
  • AON Plc

Unique Offerings

  • Exhaustive coverage
  • The highest number of market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Trade Credit Insurance Market, by Coverage
1.4.2 North America Trade Credit Insurance Market, by Application
1.4.3 North America Trade Credit Insurance Market, by Organization Size
1.4.4 North America Trade Credit Insurance Market, by Vertical
1.4.5 North America Trade Credit Insurance Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Partnerships: 2019, Jan - 2022, Nov) Leading Players
Chapter 4. North America Trade Credit Insurance Market by Coverage
4.1 North America Whole Turnover Market by Country
4.2 North America Single Buyer Market by Country
Chapter 5. North America Trade Credit Insurance Market by Application
5.1 North America International Market by Country
5.2 North America Domestic Market by Country
Chapter 6. North America Trade Credit Insurance Market by Organization Size
6.1 North America Large Enterprises Market by Country
6.2 North America SMEs Market by Country
Chapter 7. North America Trade Credit Insurance Market by Vertical
7.1 North America Food & Beverage Market by Country
7.2 North America Healthcare Market by Country
7.3 North America Automotive Market by Country
7.4 North America Energy Market by Country
7.5 North America IT & Telecom Market by Country
7.6 North America Others Market by Country
Chapter 8. North America Trade Credit Insurance Market by Country
8.1 US Trade Credit Insurance Market
8.1.1 US Trade Credit Insurance Market by Coverage
8.1.2 US Trade Credit Insurance Market by Application
8.1.3 US Trade Credit Insurance Market by Organization Size
8.1.4 US Trade Credit Insurance Market by Vertical
8.2 Canada Trade Credit Insurance Market
8.2.1 Canada Trade Credit Insurance Market by Coverage
8.2.2 Canada Trade Credit Insurance Market by Application
8.2.3 Canada Trade Credit Insurance Market by Organization Size
8.2.4 Canada Trade Credit Insurance Market by Vertical
8.3 Mexico Trade Credit Insurance Market
8.3.1 Mexico Trade Credit Insurance Market by Coverage
8.3.2 Mexico Trade Credit Insurance Market by Application
8.3.3 Mexico Trade Credit Insurance Market by Organization Size
8.3.4 Mexico Trade Credit Insurance Market by Vertical
8.4 Rest of North America Trade Credit Insurance Market
8.4.1 Rest of North America Trade Credit Insurance Market by Coverage
8.4.2 Rest of North America Trade Credit Insurance Market by Application
8.4.3 Rest of North America Trade Credit Insurance Market by Organization Size
8.4.4 Rest of North America Trade Credit Insurance Market by Vertical
Chapter 9. Company Profiles
9.1 Allianz Trade (Allianz Group)
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental Analysis
9.1.4 Recent strategies and developments:
9.1.4.1 Partnerships, Collaborations, and Agreements:
9.1.5 SWOT Analysis
9.2 Zurich Insurance Group Ltd.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Recent strategies and developments:
9.2.4.1 Partnerships, Collaborations, and Agreements:
9.2.5 SWOT Analysis
9.3 Chubb Limited
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Recent strategies and developments:
9.3.3.1 Partnerships, Collaborations, and Agreements:
9.3.3.2 Product Launches and Product Expansions:
9.3.3.3 Acquisition and Mergers:
9.3.4 SWOT Analysis
9.4 Aon plc
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional Analysis
9.4.4 Recent strategies and developments:
9.4.4.1 Acquisition and Mergers:
9.5 American International Group, Inc. (AIG)
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 SWOT Analysis
9.6 Coface SA
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Regional Analysis
9.6.4 Recent strategies and developments:
9.6.4.1 Partnerships, Collaborations, and Agreements:
9.6.4.2 Acquisition and Mergers:
9.7 Atradius N.V. (Grupo Compania Espanola de Credito y Caucion SL) (Grupo Catalana Occidente S.A.)
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Recent strategies and developments:
9.7.4.1 Partnerships, Collaborations, and Agreements:
9.8 Great American Insurance Company (American Financial Group)
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Recent strategies and developments:
9.8.3.1 Partnerships, Collaborations, and Agreements:
9.9 QBE Insurance Group Limited (QBE Group)
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Regional Analysis

Companies Mentioned

  • Allianz Trade(Allianz Group)
  • Atradius N.V.
  • Coface SA
  • American International Group, Inc.
  • Zurich Insurance Group Ltd.
  • Chubb Limited
  • QBE Insurance Group Limited
  • Great American Insurance Company
  • AON Plc

Methodology

Loading
LOADING...