Global and United States Letter of Credit Service Market Report & Forecast 2022-2028

A letter of credit(LC),is a letter from a bank guaranteeing that a buyer's payment to a seller will be received on time and for the correct amount.LC services help managing LC to boost export sales, access more export markets, reduce bank charges and improve cash flow.
Market Analysis and Insights: Global and United States Letter of Credit Service Market
This report focuses on global and United States Letter of Credit Service market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Letter of Credit Service market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, by Type, Letter of Credit Document Preparation Services accounting for % of the Letter of Credit Service global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by User, Agricultural Product Export was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
In United States the Letter of Credit Service market size is expected to grow from US$ million in 2021 to US$ million by 2028, at a CAGR of % during the forecast period.
Global Letter of Credit Service Scope and Market Size
Letter of Credit Service market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Letter of Credit Service market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Letter of Credit Service market size by players, by Type and by User, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Letter of Credit Document Preparation Services
Specialized Letter of Credit Services
Advice on Letter of Credit terms.
Segment by User
Agricultural Product Export
High-Tech Export
Industrial Product Export
Others
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Colombia
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
Leapfrog LLC
Emerio Banque
Chamber International
Access to Export Ltd
Business West
Spatial Global Ltd
Blair Consular Services Ltd
Wallis Shipping Services Ltd
International Customs and Logistics
RHDC
IMS
Channel Ltd
Kbans