Supply Chain Finance Market Forecast to Reach $9.4 Billion by 2029: Increasing Emphasis on Sustainable Sourcing [Yahoo! Finance]
Mitsubishi UFJ Financial Group, Inc. (MUFG)
Company Research
Source: Yahoo! Finance
Size, Share, Trends, Opportunity, & Forecast 2019-2029" report has been added to ResearchAndMarkets.com's offering. The 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, reaching USD 9.4 billion. 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
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MUFG
Sec Filings
- 4/17/24 - Form 6-K
- 4/9/24 - Form 424B2
- 4/9/24 - Form FWP
- MUFG's page on the SEC website