About Liquidation Service
Liquidation is the process of bringing a business to an end and involves distribution of assets to the claimants. This event occurs when the company is unable to pay obligations at the time period. The operations are used to pay the creditors and shareholders on the basis of priority. The liquidators carry out investigations of companies and examine the conduct of directors and senior management for developing reasons for failure. There are different types of liquidation such as solvent liquidations and liquidation of investment funds.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 7.8% |
The global Liquidation service market is witnessing rise in competitiveness among the players. In terms of market share, the major players are currently dominating the market. However, some of the companies are increasing the market presence by securing new contracts and tapping new markets Analyst at AMA Research estimates that Global Players will contribute the maximum growth to Global Liquidation Service market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Deloitte (United Kingdom), Schneider Industries (United States), Wolters Kluwer (Netherlands), New Zealand Insolvency and Trustee Service (New Zealand), Liquidity Services Inc. (United States), Liquidation.com (United States), Apex (Canada), RBK (Netherlands), Ogier (France) and Ahmed Ghattour and Co. (Libya) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Real business rescue (United Kingdom), IBISWorld (United States), DMS Governance (Ireland) and SJD Accountancy (United Kingdom).
Segmentation Overview
AMA Research has segmented the market of Global Liquidation Service market by Type (Legal Service, Consulting Service and Accounting Service) and Region.
On the basis of geography, the market of Liquidation Service has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Organization size, the sub-segment i.e. SMEs will boost the Liquidation Service market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry verticals, the sub-segment i.e. BFSI will boost the Liquidation Service market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Liquidation type, the sub-segment i.e. Asset Liquidation will boost the Liquidation Service market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Uncertainty in Global and Domestic Economies
Market Growth Drivers:
Increasing Number of Tech Startups is Fueling the Market
Challenges:
Stiff Competition among the Players
Restraints:
Stringent Government Regulations in Various Economies
Opportunities:
Increasing Awareness about the Liquidation Service and Increasing Competition among the Companies Leading to Elimination of Some Players from the Market
Market Leaders and their expansionary development strategies
In December 2023, Alpha Partners Technology Merger Corp. announced to acquire the interests of the sponsor that would continue funding the Company until it can complete a business combination. As a result, the Board of Directors has determined to postpone the liquidation until it can evaluate all the proposals and possibly engage in a transaction that would permit the stockholders to receive the value that would come from completing a business combination.
In December 2023, Overstock Trader unveiled its groundbreaking inventory liquidation management service, poised to transform how businesses tackle excess inventory challenges. This comprehensive solution streamlines the process, ensuring efficiency and seamless operations, empowering businesses to navigate the complexities of surplus management with newfound ease.
Key Target Audience
Liquidation service providers, Government associations, Research organizations, Enterprise software vendors and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.