What is Sustainable Supply Chain Finance Market?
The sustainable supply chain is a financing technique that works as a bridge between global suppliers and buyers. It provides all advantages of supply chain finance and additional benefits like rewarding, incentivizing, and funding sustainable behaviors, which strengthen sustainability expectations for suppliers. The growing popularity of supplier-focused supply chain finance and ECG-focused sustainable supply chains to prioritize supplier experience.
The market study is being classified and major geographies with country level break-up.
ING Group (Netherlands), Citigroup, Inc. (United States), HSBC (United Kingdom), Traxpay (Germany), CRX Markets AG (Germany), BNP Paribas (France), Standard Chartered (united Kingdom), McKinsey & Company (United States), JPMorgan Chase (United States), Deutsche Bank (Germany) and DBS Bank (Singapore) are some of the key players profiled in the study.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that European Players will contribute to the maximum growth of Global Sustainable Supply Chain Finance market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Sustainable Supply Chain Finance market by Type, Application and Region.
On the basis of geography, the market of Sustainable Supply Chain Finance has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Surging Demand of Sustainable Supply Chain Finance to Enhance Cash Flow Management in Supply Chain and Improve Company’s Competitive Advantage
- Growing Popularity of Sustainable Supply Chain Finance Among the Large Organizations
Market Trend
- Increased Focus on the Application of Blockchain-based Supply Chain Finance to Increase Reliability and Transparency
Opportunities
- Growing Digitalization of Supply Chain Finance and Evolution of Innovative and Technologically Advanced Supply Chain Finance Platforms
Challenges
- Presence of a Large Number of Vendors in the Global Market
In November 2021, Citi launched sustainability-linked supply chain financing in the Asia Pacific region with the aim of supporting clients and improving resilience, and managing their working capital needs.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Sustainable Supply Chain Finance Providers, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-users and Others