This report aims to provide a comprehensive presentation of the global market for Letter of Credit Confirmation, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Letter of Credit Confirmation. This report contains market size and forecasts of Letter of Credit Confirmation in global, including the following market information:
Global Letter of Credit Confirmation Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global top five companies in 2022 (%)
The global Letter of Credit Confirmation market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Sight L/Cs Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Letter of Credit Confirmation include Citigroup, DBS Corporate Banking, JP Morgan, Mizuho Financial Group, MUFG Bank, Scotiabank, Standard Chartered, Sumitomo Mitsui Banking Corporation and The PNC Financial Services Group, Inc., etc. in 2022, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Letter of Credit Confirmation companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Letter of Credit Confirmation Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Letter of Credit Confirmation Market Segment Percentages, by Type, 2022 (%)
Sight L/Cs
Usance L/Cs
Global Letter of Credit Confirmation Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Letter of Credit Confirmation Market Segment Percentages, by Application, 2022 (%)
Small Enterprises
Medium-sized Enterprises
Large Enterprises
Global Letter of Credit Confirmation Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global Letter of Credit Confirmation Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Letter of Credit Confirmation revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Letter of Credit Confirmation revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Citigroup
DBS Corporate Banking
JP Morgan
Mizuho Financial Group
MUFG Bank
Scotiabank
Standard Chartered
Sumitomo Mitsui Banking Corporation
The PNC Financial Services Group, Inc.
Outline of Major Chapters:
Chapter 1: Introduces the definition of Letter of Credit Confirmation, market overview.
Chapter 2: Global Letter of Credit Confirmation market size in revenue.
Chapter 3: Detailed analysis of Letter of Credit Confirmation company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Letter of Credit Confirmation in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
TABLE OF CONTENTS
1 Introduction to Research & Analysis Reports
1.1 Letter of Credit Confirmation Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Letter of Credit Confirmation Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Letter of Credit Confirmation Overall Market Size
2.1 Global Letter of Credit Confirmation Market Size: 2022 VS 2032
2.2 Global Letter of Credit Confirmation Market Size, Prospects & Forecasts: 2018-2032
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Letter of Credit Confirmation Players in Global Market
3.2 Top Global Letter of Credit Confirmation Companies Ranked by Revenue
3.3 Global Letter of Credit Confirmation Revenue by Companies
3.4 Top 3 and Top 5 Letter of Credit Confirmation Companies in Global Market, by Revenue in 2022
3.5 Global Companies Letter of Credit Confirmation Product Type
3.6 Tier 1, Tier 2 and Tier 3 Letter of Credit Confirmation Players in Global Market
3.6.1 List of Global Tier 1 Letter of Credit Confirmation Companies
3.6.2 List of Global Tier 2 and Tier 3 Letter of Credit Confirmation Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global Letter of Credit Confirmation Market Size Markets, 2022 & 2032
4.1.2 Sight L/Cs
4.1.3 Usance L/Cs
4.2 By Type - Global Letter of Credit Confirmation Revenue & Forecasts
4.2.1 By Type - Global Letter of Credit Confirmation Revenue, 2018-2023
4.2.2 By Type - Global Letter of Credit Confirmation Revenue, 2024-2032
4.2.3 By Type - Global Letter of Credit Confirmation Revenue Market Share, 2018-2032
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Letter of Credit Confirmation Market Size, 2022 & 2032
5.1.2 Small Enterprises
5.1.3 Medium-sized Enterprises
5.1.4 Large Enterprises
5.2 By Application - Global Letter of Credit Confirmation Revenue & Forecasts
5.2.1 By Application - Global Letter of Credit Confirmation Revenue, 2018-2023
5.2.2 By Application - Global Letter of Credit Confirmation Revenue, 2024-2032
5.2.3 By Application - Global Letter of Credit Confirmation Revenue Market Share, 2018-2032
6 Sights by Region
6.1 By Region - Global Letter of Credit Confirmation Market Size, 2022 & 2032
6.2 By Region - Global Letter of Credit Confirmation Revenue & Forecasts
6.2.1 By Region - Global Letter of Credit Confirmation Revenue, 2018-2023
6.2.2 By Region - Global Letter of Credit Confirmation Revenue, 2024-2032
6.2.3 By Region - Global Letter of Credit Confirmation Revenue Market Share, 2018-2032
6.3 North America
6.3.1 By Country - North America Letter of Credit Confirmation Revenue, 2018-2032
6.3.2 US Letter of Credit Confirmation Market Size, 2018-2032
6.3.3 Canada Letter of Credit Confirmation Market Size, 2018-2032
6.3.4 Mexico Letter of Credit Confirmation Market Size, 2018-2032
6.4 Europe
6.4.1 By Country - Europe Letter of Credit Confirmation Revenue, 2018-2032
6.4.2 Germany Letter of Credit Confirmation Market Size, 2018-2032
6.4.3 France Letter of Credit Confirmation Market Size, 2018-2032
6.4.4 U.K. Letter of Credit Confirmation Market Size, 2018-2032
6.4.5 Italy Letter of Credit Confirmation Market Size, 2018-2032
6.4.6 Russia Letter of Credit Confirmation Market Size, 2018-2032
6.4.7 Nordic Countries Letter of Credit Confirmation Market Size, 2018-2032
6.4.8 Benelux Letter of Credit Confirmation Market Size, 2018-2032
6.5 Asia
6.5.1 By Region - Asia Letter of Credit Confirmation Revenue, 2018-2032
6.5.2 China Letter of Credit Confirmation Market Size, 2018-2032
6.5.3 Japan Letter of Credit Confirmation Market Size, 2018-2032
6.5.4 South Korea Letter of Credit Confirmation Market Size, 2018-2032
6.5.5 Southeast Asia Letter of Credit Confirmation Market Size, 2018-2032
6.5.6 India Letter of Credit Confirmation Market Size, 2018-2032
6.6 South America
6.6.1 By Country - South America Letter of Credit Confirmation Revenue, 2018-2032
6.6.2 Brazil Letter of Credit Confirmation Market Size, 2018-2032
6.6.3 Argentina Letter of Credit Confirmation Market Size, 2018-2032
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Letter of Credit Confirmation Revenue, 2018-2032
6.7.2 Turkey Letter of Credit Confirmation Market Size, 2018-2032
6.7.3 Israel Letter of Credit Confirmation Market Size, 2018-2032
6.7.4 Saudi Arabia Letter of Credit Confirmation Market Size, 2018-2032
6.7.5 UAE Letter of Credit Confirmation Market Size, 2018-2032
7 Letter of Credit Confirmation Companies Profiles
7.1 Citigroup
7.1.1 Citigroup Company Summary
7.1.2 Citigroup Business Overview
7.1.3 Citigroup Letter of Credit Confirmation Major Product Offerings
7.1.4 Citigroup Letter of Credit Confirmation Revenue in Global Market (2018-2023)
7.1.5 Citigroup Key News & Latest Developments
7.2 DBS Corporate Banking
7.2.1 DBS Corporate Banking Company Summary
7.2.2 DBS Corporate Banking Business Overview
7.2.3 DBS Corporate Banking Letter of Credit Confirmation Major Product Offerings
7.2.4 DBS Corporate Banking Letter of Credit Confirmation Revenue in Global Market (2018-2023)
7.2.5 DBS Corporate Banking Key News & Latest Developments
7.3 JP Morgan
7.3.1 JP Morgan Company Summary
7.3.2 JP Morgan Business Overview
7.3.3 JP Morgan Letter of Credit Confirmation Major Product Offerings
7.3.4 JP Morgan Letter of Credit Confirmation Revenue in Global Market (2018-2023)
7.3.5 JP Morgan Key News & Latest Developments
7.4 Mizuho Financial Group
7.4.1 Mizuho Financial Group Company Summary
7.4.2 Mizuho Financial Group Business Overview
7.4.3 Mizuho Financial Group Letter of Credit Confirmation Major Product Offerings
7.4.4 Mizuho Financial Group Letter of Credit Confirmation Revenue in Global Market (2018-2023)
7.4.5 Mizuho Financial Group Key News & Latest Developments
7.5 MUFG Bank
7.5.1 MUFG Bank Company Summary
7.5.2 MUFG Bank Business Overview
7.5.3 MUFG Bank Letter of Credit Confirmation Major Product Offerings
7.5.4 MUFG Bank Letter of Credit Confirmation Revenue in Global Market (2018-2023)
7.5.5 MUFG Bank Key News & Latest Developments
7.6 Scotiabank
7.6.1 Scotiabank Company Summary
7.6.2 Scotiabank Business Overview
7.6.3 Scotiabank Letter of Credit Confirmation Major Product Offerings
7.6.4 Scotiabank Letter of Credit Confirmation Revenue in Global Market (2018-2023)
7.6.5 Scotiabank Key News & Latest Developments
7.7 Standard Chartered
7.7.1 Standard Chartered Company Summary
7.7.2 Standard Chartered Business Overview
7.7.3 Standard Chartered Letter of Credit Confirmation Major Product Offerings
7.7.4 Standard Chartered Letter of Credit Confirmation Revenue in Global Market (2018-2023)
7.7.5 Standard Chartered Key News & Latest Developments
7.8 Sumitomo Mitsui Banking Corporation
7.8.1 Sumitomo Mitsui Banking Corporation Company Summary
7.8.2 Sumitomo Mitsui Banking Corporation Business Overview
7.8.3 Sumitomo Mitsui Banking Corporation Letter of Credit Confirmation Major Product Offerings
7.8.4 Sumitomo Mitsui Banking Corporation Letter of Credit Confirmation Revenue in Global Market (2018-2023)
7.8.5 Sumitomo Mitsui Banking Corporation Key News & Latest Developments
7.9 The PNC Financial Services Group, Inc.
7.9.1 The PNC Financial Services Group, Inc. Company Summary
7.9.2 The PNC Financial Services Group, Inc. Business Overview
7.9.3 The PNC Financial Services Group, Inc. Letter of Credit Confirmation Major Product Offerings
7.9.4 The PNC Financial Services Group, Inc. Letter of Credit Confirmation Revenue in Global Market (2018-2023)
7.9.5 The PNC Financial Services Group, Inc. Key News & Latest Developments
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
LIST OF TABLES & FIGURES
List of Tables
Table 1. Letter of Credit Confirmation Market Opportunities & Trends in Global Market
Table 2. Letter of Credit Confirmation Market Drivers in Global Market
Table 3. Letter of Credit Confirmation Market Restraints in Global Market
Table 4. Key Players of Letter of Credit Confirmation in Global Market
Table 5. Top Letter of Credit Confirmation Players in Global Market, Ranking by Revenue (2022)
Table 6. Global Letter of Credit Confirmation Revenue by Companies, (US$, Mn), 2018-2023
Table 7. Global Letter of Credit Confirmation Revenue Share by Companies, 2018-2023
Table 8. Global Companies Letter of Credit Confirmation Product Type
Table 9. List of Global Tier 1 Letter of Credit Confirmation Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Letter of Credit Confirmation Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 11. By Type ? Global Letter of Credit Confirmation Revenue, (US$, Mn), 2022 & 2032
Table 12. By Type - Letter of Credit Confirmation Revenue in Global (US$, Mn), 2018-2023
Table 13. By Type - Letter of Credit Confirmation Revenue in Global (US$, Mn), 2024-2032
Table 14. By Application ? Global Letter of Credit Confirmation Revenue, (US$, Mn), 2022 & 2032
Table 15. By Application - Letter of Credit Confirmation Revenue in Global (US$, Mn), 2018-2023
Table 16. By Application - Letter of Credit Confirmation Revenue in Global (US$, Mn), 2024-2032
Table 17. By Region ? Global Letter of Credit Confirmation Revenue, (US$, Mn), 2022 & 2032
Table 18. By Region - Global Letter of Credit Confirmation Revenue (US$, Mn), 2018-2023
Table 19. By Region - Global Letter of Credit Confirmation Revenue (US$, Mn), 2024-2032
Table 20. By Country - North America Letter of Credit Confirmation Revenue, (US$, Mn), 2018-2023
Table 21. By Country - North America Letter of Credit Confirmation Revenue, (US$, Mn), 2024-2032
Table 22. By Country - Europe Letter of Credit Confirmation Revenue, (US$, Mn), 2018-2023
Table 23. By Country - Europe Letter of Credit Confirmation Revenue, (US$, Mn), 2024-2032
Table 24. By Region - Asia Letter of Credit Confirmation Revenue, (US$, Mn), 2018-2023
Table 25. By Region - Asia Letter of Credit Confirmation Revenue, (US$, Mn), 2024-2032
Table 26. By Country - South America Letter of Credit Confirmation Revenue, (US$, Mn), 2018-2023
Table 27. By Country - South America Letter of Credit Confirmation Revenue, (US$, Mn), 2024-2032
Table 28. By Country - Middle East & Africa Letter of Credit Confirmation Revenue, (US$, Mn), 2018-2023
Table 29. By Country - Middle East & Africa Letter of Credit Confirmation Revenue, (US$, Mn), 2024-2032
Table 30. Citigroup Company Summary
Table 31. Citigroup Letter of Credit Confirmation Product Offerings
Table 32. Citigroup Letter of Credit Confirmation Revenue (US$, Mn) & (2018-2023)
Table 33. Citigroup Key News & Latest Developments
Table 34. DBS Corporate Banking Company Summary
Table 35. DBS Corporate Banking Letter of Credit Confirmation Product Offerings
Table 36. DBS Corporate Banking Letter of Credit Confirmation Revenue (US$, Mn) & (2018-2023)
Table 37. DBS Corporate Banking Key News & Latest Developments
Table 38. JP Morgan Company Summary
Table 39. JP Morgan Letter of Credit Confirmation Product Offerings
Table 40. JP Morgan Letter of Credit Confirmation Revenue (US$, Mn) & (2018-2023)
Table 41. JP Morgan Key News & Latest Developments
Table 42. Mizuho Financial Group Company Summary
Table 43. Mizuho Financial Group Letter of Credit Confirmation Product Offerings
Table 44. Mizuho Financial Group Letter of Credit Confirmation Revenue (US$, Mn) & (2018-2023)
Table 45. Mizuho Financial Group Key News & Latest Developments
Table 46. MUFG Bank Company Summary
Table 47. MUFG Bank Letter of Credit Confirmation Product Offerings
Table 48. MUFG Bank Letter of Credit Confirmation Revenue (US$, Mn) & (2018-2023)
Table 49. MUFG Bank Key News & Latest Developments
Table 50. Scotiabank Company Summary
Table 51. Scotiabank Letter of Credit Confirmation Product Offerings
Table 52. Scotiabank Letter of Credit Confirmation Revenue (US$, Mn) & (2018-2023)
Table 53. Scotiabank Key News & Latest Developments
Table 54. Standard Chartered Company Summary
Table 55. Standard Chartered Letter of Credit Confirmation Product Offerings
Table 56. Standard Chartered Letter of Credit Confirmation Revenue (US$, Mn) & (2018-2023)
Table 57. Standard Chartered Key News & Latest Developments
Table 58. Sumitomo Mitsui Banking Corporation Company Summary
Table 59. Sumitomo Mitsui Banking Corporation Letter of Credit Confirmation Product Offerings
Table 60. Sumitomo Mitsui Banking Corporation Letter of Credit Confirmation Revenue (US$, Mn) & (2018-2023)
Table 61. Sumitomo Mitsui Banking Corporation Key News & Latest Developments
Table 62. The PNC Financial Services Group, Inc. Company Summary
Table 63. The PNC Financial Services Group, Inc. Letter of Credit Confirmation Product Offerings
Table 64. The PNC Financial Services Group, Inc. Letter of Credit Confirmation Revenue (US$, Mn) & (2018-2023)
Table 65. The PNC Financial Services Group, Inc. Key News & Latest Developments
List of Figures
Figure 1. Letter of Credit Confirmation Segment by Type in 2022
Figure 2. Letter of Credit Confirmation Segment by Application in 2022
Figure 3. Global Letter of Credit Confirmation Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global Letter of Credit Confirmation Market Size: 2022 VS 2032 (US$, Mn)
Figure 6. Global Letter of Credit Confirmation Revenue, 2018-2032 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Letter of Credit Confirmation Revenue in 2022
Figure 8. By Type - Global Letter of Credit Confirmation Revenue Market Share, 2018-2032
Figure 9. By Application - Global Letter of Credit Confirmation Revenue Market Share, 2018-2032
Figure 10. By Type - Global Letter of Credit Confirmation Revenue, (US$, Mn), 2022 & 2032
Figure 11. By Type - Global Letter of Credit Confirmation Revenue Market Share, 2018-2032
Figure 12. By Application - Global Letter of Credit Confirmation Revenue, (US$, Mn), 2022 & 2032
Figure 13. By Application - Global Letter of Credit Confirmation Revenue Market Share, 2018-2032
Figure 14. By Region - Global Letter of Credit Confirmation Revenue Market Share, 2018-2032
Figure 15. By Country - North America Letter of Credit Confirmation Revenue Market Share, 2018-2032
Figure 16. US Letter of Credit Confirmation Revenue, (US$, Mn), 2018-2032
Figure 17. Canada Letter of Credit Confirmation Revenue, (US$, Mn), 2018-2032
Figure 18. Mexico Letter of Credit Confirmation Revenue, (US$, Mn), 2018-2032
Figure 19. By Country - Europe Letter of Credit Confirmation Revenue Market Share, 2018-2032
Figure 20. Germany Letter of Credit Confirmation Revenue, (US$, Mn), 2018-2032
Figure 21. France Letter of Credit Confirmation Revenue, (US$, Mn), 2018-2032
Figure 22. U.K. Letter of Credit Confirmation Revenue, (US$, Mn), 2018-2032
Figure 23. Italy Letter of Credit Confirmation Revenue, (US$, Mn), 2018-2032
Figure 24. Russia Letter of Credit Confirmation Revenue, (US$, Mn), 2018-2032
Figure 25. Nordic Countries Letter of Credit Confirmation Revenue, (US$, Mn), 2018-2032
Figure 26. Benelux Letter of Credit Confirmation Revenue, (US$, Mn), 2018-2032
Figure 27. By Region - Asia Letter of Credit Confirmation Revenue Market Share, 2018-2032
Figure 28. China Letter of Credit Confirmation Revenue, (US$, Mn), 2018-2032
Figure 29. Japan Letter of Credit Confirmation Revenue, (US$, Mn), 2018-2032
Figure 30. South Korea Letter of Credit Confirmation Revenue, (US$, Mn), 2018-2032
Figure 31. Southeast Asia Letter of Credit Confirmation Revenue, (US$, Mn), 2018-2032
Figure 32. India Letter of Credit Confirmation Revenue, (US$, Mn), 2018-2032
Figure 33. By Country - South America Letter of Credit Confirmation Revenue Market Share, 2018-2032
Figure 34. Brazil Letter of Credit Confirmation Revenue, (US$, Mn), 2018-2032
Figure 35. Argentina Letter of Credit Confirmation Revenue, (US$, Mn), 2018-2032
Figure 36. By Country - Middle East & Africa Letter of Credit Confirmation Revenue Market Share, 2018-2032
Figure 37. Turkey Letter of Credit Confirmation Revenue, (US$, Mn), 2018-2032
Figure 38. Israel Letter of Credit Confirmation Revenue, (US$, Mn), 2018-2032
Figure 39. Saudi Arabia Letter of Credit Confirmation Revenue, (US$, Mn), 2018-2032
Figure 40. UAE Letter of Credit Confirmation Revenue, (US$, Mn), 2018-2032
Figure 41. Citigroup Letter of Credit Confirmation Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 42. DBS Corporate Banking Letter of Credit Confirmation Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 43. JP Morgan Letter of Credit Confirmation Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 44. Mizuho Financial Group Letter of Credit Confirmation Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 45. MUFG Bank Letter of Credit Confirmation Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 46. Scotiabank Letter of Credit Confirmation Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 47. Standard Chartered Letter of Credit Confirmation Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 48. Sumitomo Mitsui Banking Corporation Letter of Credit Confirmation Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 49. The PNC Financial Services Group, Inc. Letter of Credit Confirmation Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
