Categories: Wire Stories

China International Remittance Business and Investment Opportunity Report 2024: Total Inbound and Outbound Remittance to be Valued at $98.5 Billion by 2028 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “China International Remittance Market Business and Investment Opportunities – Analysis by Transaction Value & Volume, Inbound and Outbound Transfers to and from Key States, Consumer Demographics – Q1 2024” report has been added to ResearchAndMarkets.com’s offering.


International inbound remittance market in China has increased at 4.8% during 2023 to reach US$ 52.34 billion in 2024. Over the forecast period (2024-2028), market size is expected to record a CAGR of 3.1%, increasing from US$ 49.94 billion in 2023 to reach US$ 59.07 billion by 2028.

Remittance outflow market in China has increased at 18.8% during 2023 to reach US$ 25.25 billion in 2024. Over the forecast period (2024-2028), market size is expected to record a CAGR of 11.8%, increasing from US$ 21.24 billion in 2023 to reach US$ 39.43 billion by 2028.

This report provides a comprehensive analysis of the international inbound and outbound remittance market in China. It covers the market opportunity by transaction value, transaction volume, average value per transaction, key market players, market opportunity by channel, consumer profile, and by sending / receiving countries.

The research methodology is based on industry best practices. Its unbiased analysis leverages a proprietary analytics platform to offer a detailed view on emerging business and investment market opportunities.

Reasons to buy

  • Comprehensive and Up-to-Date Information: The report provides comprehensive and up-to-date information on the China international inbound and outbound remittance market, including market size, growth trends, transaction value, transaction volume, average value per transaction, and market share analysis by transfer channel, consumer demographics, and key countries.
  • Understand Competitive Landscape: Get a high-level view of competitive landscape through market share data on key players in the market.
  • Actionable Insights for Businesses and Investors: The report provides data centric analysis for businesses and investors operating in the China remittance market. It helps them identify new opportunities, assess risks, and make informed business decisions.
  • Forecasts for Future Market Growth: The report provides forecasts for future market growth, enabling businesses and investors to plan and strategize effectively.

Key Attributes:

Report Attribute Details
No. of Pages 130
Forecast Period 2024 – 2028
Estimated Market Value (USD) in 2024 $52.3 Billion
Forecasted Market Value (USD) by 2028 $59.1 Billion
Compound Annual Growth Rate 3.1%
Regions Covered China

Scope

International Inbound Market Opportunity Trend Analysis in China

  • By Transaction Value
  • By Transaction Volume
  • By Average Value Per Transaction

Market Share of Key Players in China

International Inbound Market Opportunity Trend Analysis by Channel in China

  • Digital (transaction value, transaction volume, average value per transaction)
  • Mobile (transaction value, transaction volume, average value per transaction)
  • Non-Digital (transaction value, transaction volume, average value per transaction)

International Inbound Remittance Analysis of Consumer Profile in China

  • Analysis by age group of senders
  • Analysis by income of senders
  • Analysis by occupation of senders
  • Analysis by occupation of beneficiaries
  • Analysis by purpose

International Inbound Remittance Flow Analysis (Country to State / Region) in China

  • Market opportunity by key sending countries (transaction value, transaction volume, average value per transaction)
  • Market share by transfer channel by key state / regions

International Outbound Market Opportunity Trend Analysis in China

  • By Transaction Value
  • By Transaction Volume
  • By Average Value Per Transaction

International Outbound Market Opportunity Trend Analysis by Channel in China

  • Digital (transaction value, transaction volume, average value per transaction)
  • Mobile (transaction value, transaction volume, average value per transaction)
  • Non-Digital (transaction value, transaction volume, average value per transaction)

International Outbound Remittance Analysis of Consumer Profile in China

  • Analysis by age group of senders
  • Analysis by income of sender
  • Analysis by occupation of sender
  • Analysis by occupation of beneficiaries
  • Analysis by purpose

International Outbound Remittance Flow Analysis (State / Region to Country) in China

  • Market opportunity by key sending countries (transaction value, transaction volume, average value per transaction)
  • Market share by transfer channel by key state / regions

For more information about this report visit https://www.researchandmarkets.com/r/stwlpw

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Contacts

ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./ CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Alex

Recent Posts

CGTN: China vows continued efforts to build Asia-Pacific community with shared future

BEIJING, CHINA - Media OutReach Newswire - 8 November 2024 - Since its inception more…

4 hours ago

TBS Energi Utama to Acquire Singapore’s Integrated Waste Management Services Provider, Sembcorp Environment Pte. Ltd.

Acquisition Expands TBS’ Regional Waste Management Platform in Indonesia and Singapore, aligning with its TBS2030…

5 hours ago

Score 11 Unbeatable Deals This 11.11 on Shopee with 90% Off Lowest Price Guaranteed

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 8 November 2024 - It’s that time…

7 hours ago

Shenzhen China Wins the World Smart City Award, Demonstrating the Global Influence of Social Intelligent Governance of Mega City

BARCELONA, SPAIN - Media OutReach Newswire - 8 November 2024 - On November 6, Central…

8 hours ago

Singapore – A Trusted Global Supply Chain Management Hub

SINGAPORE - Media OutReach Newswire - 8 November 2024 - Singapore is strengthening its position…

10 hours ago

OPPO Celebrates Global Photography Talent at Paris Photo Fair under the theme of “Dear Life”

PARIS, FRANCE - Media OutReach Newswire – 8 November 2024 - This year, OPPO once…

10 hours ago