Report Description

 

Forecast Period

2025-2029

Market Size (2023)

USD 5.7 Billion

CAGR (2024-2029)

8.7%

Fastest Growing Segment

Large Enterprise

Largest Market

Europe


Market Overview

Global Supply Chain Finance Market was valued at USD 5.7 billion in 2023 and is anticipated to grow with a CAGR of 8.7% through 2029.

The growth of the market is driven by several factors, including favorable policies, the financing needs of small and medium-sized enterprises (SMEs), and the increasing complexity of global supply chains. The emergence of complex and diverse supply chains globally has led to an increase in the number of suppliers, which has created a need for financing optimization for enterprises.

The rise of economic nationalism, the global financial crisis of 2008, and the Covid-19 pandemic have exposed weaknesses in global supply chains, which have triggered a rise in research on supply chain finance. The adoption of advanced technologies, such as blockchain initiatives and technology platforms, has also contributed to the growth of the market.

Additionally, the increasing emphasis on sustainable sourcing is one of the key drivers of this growth. The market is expected to witness significant adoption of strategies that provide differentiated and innovative solutions to suppliers that require liquidity and working capital.

Key Market Drivers

The Efficiency Imperative