Market overview of the working capital management market
Technavios research analyst predicts the global working capital management market to grow steadily at a CAGR of 20% during the forecast period. The improvement in inventory management is the primary growth driver for this market. Many companies are trying to focus on achieving optimal inventory levels. They are setting up robust systems that can track and control inventory systems. This will enable the company to maintain accurate inventory counts and track the inventory performance. A faster inventory outflow leads to a faster cash generation, which increases the working capital for the company.
The current trend of online receivable financing is expected to boost the market growth during the forecast period. This trend has led to the opening of competitive auctions, which is helping companies to meet their day-to-day working capital needs through online receivable financing platform.
Industry segmentation and analysis of the working capital management market
Retail and consumer industry
Energy, utilities, and mining industry
Industrial manufacturing industry
Engineering and construction industry
Technology industry
Automotive industry
The retail and consumer industry dominated the market accounting for 28% of the overall share during 2014. The decreasing dependence of industries on retailers will give them access to customers who have a higher buying power. Retailers are expected to offer a number of demand discount and rebates during the forecast period to attract customers. This will subsequently increase the payment terms and improve the working capital performance of the industry.
Geographical segmentation and analysis of the working capital management market
Asia
US and Canada
Europe
Americas
Middle East
Australia
Africa
Asia accounted for 36% of the market share during 2014 and is expected to grow at a CAGR of 23% during the forecast period. The cash opportunity from the working capital in this region is high when compared to other regions due to the high net working capital in Asian industries. Industries are trying to avoid errors and boost efficiency by shifting their focus to the ERP technology sophistication, which will increase productivity and the overall cash generation.
Competitive landscape and key vendors
Many businesses are focusing on the firms receipt and disbursement of cash to manage the optimum level of working capital. Therefore, businesses that have a strong working capital management are framing strategies such that they can hedge against the macroeconomic scenario and bring in huge capital to their businesses.
The leading vendors in the market are -
Citibank
Bank of America Merrill Lynch
BNY Mellon
Standard Chartered
HSBC Global Asset Management
Raiffeisen Bank
JP Morgan Asset Management
The other prominent vendors in the market include Deutsche Bank, UniCredit, and SEB.
Key questions answered in the report include
What will the market size and the growth rate be in 2019
What are the key factors driving the global working capital management market
What are the key market trends impacting the growth of the global working capital management market
What are the challenges to market growth
Who are the key vendors in this market space
What are the market opportunities and threats faced by the vendors in the global working capital management market
Trending factors influencing the market shares of the Asia, US and Canada, Europe, Americas, Middle East, Australia, and Africa
What are the key outcomes of the five forces analysis of the working capital management market
Technavio also offers customization on reports based on specific client requirement.
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Basel III and working capital
PART 06: Working capital in US GAAP and IFRS
PART 07: Working capital performance metrics
PART 08: Forms of bank financing
PART 09: Market landscape
Market overview
Concepts based working capital
Market size and forecast
Five forces analysis
PART 10: Market segmentation by industry type
Global working capital management market in retail and consumer industry
Global working capital management market in energy, utilities, and mining industry
Global working capital management market in industrial manufacturing industry
Global working capital management market in engineering and construction industry
Global working capital management market in technology industry
Global working capital management market in automotive industry
PART 11: Geographical segmentation
Global working capital management market by regions
Working capital management market in Asia
Working capital management market in US and Canada
Working capital management market in Europe
Working capital management market in Americas
Working capital management market in Middle East
Working capital management market in Australia
Working capital management market in Africa
PART 12: Market drivers
PART 13: Impact of drivers
PART 14: Market challenges
PART 15: Impact of drivers and challenges
PART 16: Market trends
PART 17: Vendor landscape
Competitive landscape
Other prominent vendors
PART 18: Key vendor analysis
Bank of America Merrill Lynch
BNY Mellon
Citigroup (Citibank)
HSBC Global Asset Management
J.P. Morgan Asset Management
Raiffeisen Bank
Standard Chartered
PART 19: Appendix
List of abbreviation
PART 20: Explore Technavio
List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Determinants of working capital
Exhibit 03: Nature of business
Exhibit 04: Best practices in technology and manufacturing policy
Exhibit 05: Best credit practices
Exhibit 06: Costs associated with credit policy
Exhibit 07: Operating cycle in working capital management
Exhibit 08: Working capital cycle
Exhibit 09: Approaches to fix the current distorted liquidity picture
Exhibit 10: Equilibrium between working capital and working capital requirements
Exhibit 11: Equilibrium between working capital requirements and working capital
Exhibit 12: Classification of cash flows under IFRS vs US GAAP
Exhibit 13: Global NWC days trend
Exhibit 14: NWC days trend of large corporates
Exhibit 15: NWC days trend of MSMEs
Exhibit 16: Global DSO 2015-2019 (days)
Exhibit 17: Global DPO 2015-2019 (days)
Exhibit 18: Solutions to increase DPO and optimize opportunities
Exhibit 19: Global CCE 2015-2019 (days)
Exhibit 20: Global investment rate 2015-2019
Exhibit 21: Global ROCE 2015-2019
Exhibit 22: Forms of working capital financing
Exhibit 23: Classification of working capital
Exhibit 24: Global working capital management market 2015-2019 ($ trillions)
Exhibit 25: Five forces analysis
Exhibit 26: Global working capital management market in retail and consumer industry 2015-2019 ($ trillions)
Exhibit 27: Global working capital management market in energy, utilities, and mining industry 2015-2019 ($ trillions)
Exhibit 28: Global working capital management market in industrial manufacturing industry 2015-2019 ($ trillions)
Exhibit 29: Global working capital management market in engineering and construction industry 2015-2019 ($ trillions)
Exhibit 30: Global working capital management market in technology industry 2015-2019 ($ trillions)
Exhibit 31: Global working capital management market in automotive industry 2015-2019 ($ trillions)
Exhibit 32: Global working capital management market by region 2014
Exhibit 33: Global positive and negative performers 2014
Exhibit 34: Working capital management market in Asia 2015-2019 ($ trillions)
Exhibit 35: Working capital management market in US and Canada 2015-2019 ($ trillions)
Exhibit 36: Working capital management market in Europe 2015-2019 ($ trillions)
Exhibit 37: Working capital management market in Americas 2015-2019 ($ trillions)
Exhibit 38: Working capital management market in Middle East 2015-2019 ($ trillions)
Exhibit 39: Working capital management market in Australia 2015-2019 ($ trillions)
Exhibit 40: Working capital management market in Africa 2015-2019 ($ trillions)
Exhibit 41: Improved inventory management
Exhibit 42: Product design and customer acquisition through cash building
Exhibit 43: Impact of drivers
Exhibit 44: Impact of drivers and challenges
Exhibit 45: Sustainable working capital
Exhibit 46: BNY Mellon: Business segmentation by revenue 2014
Exhibit 47: BNY Mellon: Business segmentation by revenue 2013 and 2014 ($ billions)
Exhibit 48: BNY Mellon: Geographical segmentation by revenue 2014
Exhibit 49: JPMorgan Chase: Business segmentation
Exhibit 50: JPMorgan Chase: Business segmentation 2014 by Revenue
Exhibit 51: JP Morgan Chase: Business segmentation by revenue 2013 and 2014 ($ billions)
Exhibit 52: Raiffeisen Bank: Business segmentation
Exhibit 53: Raiffeisen Bank: Business segmentation 2014 by revenue
Exhibit 54: Raiffeisen Bank: Business segmentation by revenue 2013 and 2014 ($ billions)
Exhibit 55: Standard Chartered: Business segmentation 2014 by net interest income
Exhibit 56: Standard Chartered: Geographical segmentation by net interest income 2014
