Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Commercial Collection Legal Service Market by Type (Credit Card Collection, Loan Collection, Commercial Collection Legal Servic), By Application (Personal Debt, Corporate Debt) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Commercial Collection Legal Service Market by Type (Credit Card Collection, Loan Collection, Commercial Collection Legal Servic), By Application (Personal Debt, Corporate Debt) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 173333 3300 IT & Telecom 377 238 Pages 4.8 (31)
                                          

The global commercial collection legal service market is expected to grow at a CAGR of 6.5% during the forecast period, from 2021 to 2030. The market is driven by the increasing demand for debt recovery services in emerging economies such as India and China. The increasing number of insolvencies and bankruptcies in these countries has led to an increase in the demand for debt recovery services. In addition, the growing need for credit card collections and loan collections has also contributed to this growth. The global commercial collection legal service market is segmented on the basis of type, application, and region. On the basis of type, it can be classified into credit card collection, loan collection, and commercial collection legal service; on application it can be classified into personal debt and corporate debt; while on region it can be classified into North America (NA), Latin America (LA), Europe (EU), Asia Pacific (APAC) & Middle East & Africa (MEA).

  1. The global economy is recovering and the world's GDP is expected to grow by 3.5% in 2017, which will lead to an increase in demand for commercial collection legal services.
  2. The number of insolvencies has been increasing since 2009, which means that there are more companies that need help with debt recovery and bankruptcy proceedings.
  3. There are more mergers and acquisitions happening than ever before, which means that there are more companies who need help with debt recovery and bankruptcy proceedings as well as those who need help with corporate restructuring or reorganization of their assets or liabilities.
  4. There has been a rise in the number of people filing for personal bankruptcy protection since 2008, which means that there are more people who need assistance from commercial collection legal service providers.
  5. The aging population will also lead to an increase in demand for commercial collection legal services because many older people have retirement savings accounts they want to protect.

Industry Growth Insights published a new data on “Commercial Collection Legal Service Market”. The research report is titled “Commercial Collection Legal Service Market research by Types (Credit Card Collection, Loan Collection, Commercial Collection Legal Servic), By Applications (Personal Debt, Corporate Debt), By Players/Companies Seacoast Financial Group, Sterling Commercial Credit, Verbatim Reporting Service, Bilateral Credit Corp, LLC, Botelho Law Group, Gathright Marketing Company, Inc, Galena Law Firm, P.A., Pre-Paid Legal Services, Inc., Commercial Collection Legal Servic”.

Scope Of The Report

Report Attributes

Report Details

Report Title

Commercial Collection Legal Service Market Research Report

By Type

Credit Card Collection, Loan Collection, Commercial Collection Legal Servic

By Application

Personal Debt, Corporate Debt

By Companies

Seacoast Financial Group, Sterling Commercial Credit, Verbatim Reporting Service, Bilateral Credit Corp, LLC, Botelho Law Group, Gathright Marketing Company, Inc, Galena Law Firm, P.A., Pre-Paid Legal Services, Inc., Commercial Collection Legal Servic

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

238

Number of Tables & Figures

167

Customization Available

Yes, the report can be customized as per your need.


Global Commercial Collection Legal Service Industry Outlook


Global Commercial Collection Legal Service Market Report Segments:

The global Commercial Collection Legal Service market is segmented on the basis of:

Types

Credit Card Collection, Loan Collection, Commercial Collection Legal Servic

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Personal Debt, Corporate Debt

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Seacoast Financial Group
  2. Sterling Commercial Credit
  3. Verbatim Reporting Service
  4. Bilateral Credit Corp, LLC
  5. Botelho Law Group
  6. Gathright Marketing Company, Inc
  7. Galena Law Firm, P.A.
  8. Pre-Paid Legal Services, Inc.
  9. Commercial Collection Legal Servic

Global Commercial Collection Legal Service Market Overview


Highlights of The Commercial Collection Legal Service Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Credit Card Collection
    2. Loan Collection
    3. Commercial Collection Legal Servic
  1. By Application:

    1. Personal Debt
    2. Corporate Debt
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Commercial Collection Legal Service Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Commercial Collection Legal Service Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Commercial Collection Legal Service is a law firm that provides legal services to businesses and individuals who have been delinquent in their debt payments. The firm can help you negotiate with your creditors, file bankruptcy, or take other legal action to get your debt paid off.

Some of the major companies in the commercial collection legal service market are Seacoast Financial Group, Sterling Commercial Credit, Verbatim Reporting Service, Bilateral Credit Corp, LLC, Botelho Law Group, Gathright Marketing Company, Inc, Galena Law Firm, P.A., Pre-Paid Legal Services, Inc., Commercial Collection Legal Servic.

The commercial collection legal service market is expected to register a CAGR of 6.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Commercial Collection Legal Service Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Commercial Collection Legal Service Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Commercial Collection Legal Service Market - Supply Chain
   4.5. Global Commercial Collection Legal Service Market Forecast
      4.5.1. Commercial Collection Legal Service Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Commercial Collection Legal Service Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Commercial Collection Legal Service Market Absolute $ Opportunity

5. Global Commercial Collection Legal Service Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Commercial Collection Legal Service Market Size and Volume Forecast by Type
      5.3.1. Credit Card Collection
      5.3.2. Loan Collection
      5.3.3. Commercial Collection Legal Servic
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Commercial Collection Legal Service Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Commercial Collection Legal Service Market Size and Volume Forecast by Application
      6.3.1. Personal Debt
      6.3.2. Corporate Debt
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Commercial Collection Legal Service Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Commercial Collection Legal Service Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Commercial Collection Legal Service Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Commercial Collection Legal Service Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Commercial Collection Legal Service Demand Share Forecast, 2019-2026

9. North America Commercial Collection Legal Service Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Commercial Collection Legal Service Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Commercial Collection Legal Service Market Size and Volume Forecast by Application
      9.4.1. Personal Debt
      9.4.2. Corporate Debt
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Commercial Collection Legal Service Market Size and Volume Forecast by Type
      9.7.1. Credit Card Collection
      9.7.2. Loan Collection
      9.7.3. Commercial Collection Legal Servic
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Commercial Collection Legal Service Demand Share Forecast, 2019-2026

10. Latin America Commercial Collection Legal Service Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Commercial Collection Legal Service Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Commercial Collection Legal Service Market Size and Volume Forecast by Application
      10.4.1. Personal Debt
      10.4.2. Corporate Debt
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Commercial Collection Legal Service Market Size and Volume Forecast by Type
      10.7.1. Credit Card Collection
      10.7.2. Loan Collection
      10.7.3. Commercial Collection Legal Servic
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Commercial Collection Legal Service Demand Share Forecast, 2019-2026

11. Europe Commercial Collection Legal Service Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Commercial Collection Legal Service Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Commercial Collection Legal Service Market Size and Volume Forecast by Application
      11.4.1. Personal Debt
      11.4.2. Corporate Debt
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Commercial Collection Legal Service Market Size and Volume Forecast by Type
      11.7.1. Credit Card Collection
      11.7.2. Loan Collection
      11.7.3. Commercial Collection Legal Servic
   11.8. Bsis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Commercial Collection Legal Service Demand Share, 2019-2026

12. Asia Pacific Commercial Collection Legal Service Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Commercial Collection Legal Service Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Commercial Collection Legal Service Market Size and Volume Forecast by Application
      12.4.1. Personal Debt
      12.4.2. Corporate Debt
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Commercial Collection Legal Service Market Size and Volume Forecast by Type
      12.7.1. Credit Card Collection
      12.7.2. Loan Collection
      12.7.3. Commercial Collection Legal Servic
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Commercial Collection Legal Service Demand Share, 2019-2026

13. Middle East & Africa Commercial Collection Legal Service Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Commercial Collection Legal Service Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Commercial Collection Legal Service Market Size and Volume Forecast by Application
      13.4.1. Personal Debt
      13.4.2. Corporate Debt
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Commercial Collection Legal Service Market Size and Volume Forecast by Type
      13.7.1. Credit Card Collection
      13.7.2. Loan Collection
      13.7.3. Commercial Collection Legal Servic
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Commercial Collection Legal Service Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Commercial Collection Legal Service Market: Market Share Analysis
   14.2. Commercial Collection Legal Service Distributors and Customers
   14.3. Commercial Collection Legal Service Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Seacoast Financial Group
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Sterling Commercial Credit
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Verbatim Reporting Service
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Bilateral Credit Corp, LLC
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Botelho Law Group
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Gathright Marketing Company, Inc
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Galena Law Firm, P.A.
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Pre-Paid Legal Services, Inc.
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Commercial Collection Legal Servic
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. COMPANY 10
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. COMPANY 11
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. COMPANY 12
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. COMPANY 13
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. COMPANY 14
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. COMPANY 15
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. COMPANY 16
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. COMPANY 17
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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