Market Overview:
The global gold loan market is expected to grow at a CAGR of 9.5% during the forecast period from 2018 to 2030. The market growth can be attributed to factors such as the increasing demand for gold loans from investors and collectors, and the growing awareness about the benefits of investing in gold loans. The global gold loan market is segmented on the basis of type, application, and region. On the basis of type, it is divided into pure gold and color gold. Pure Gold refers to 24 karat or 999 fineness while Color Gold includes all other colors including rose, white etc., which have different purity levels ranging from 995 to 999 fineness. On the basis of application, it is classified into investment and collecting segments. The investment segment dominates the global market owing to its higher returns as compared with other traditional investments such as fixed deposits or mutual funds.
Product Definition:
A gold loan is a type of loan in which the borrower pledges their gold jewelry as collateral. The importance of a gold loan lies in its ability to provide quick liquidity against the security of one's assets. Gold loans are typically unsecured, meaning that the lender does not have any legal claim to the underlying asset should the borrower default on their payments.
Pure Gold:
Pure gold is a soft yellow precious metal with low electrical and thermal conductivity. It has the highest specific weight of 19 times its own volume than any other metal, which makes it denser than most metals. Pure gold is malleable and ductile but becomes solid at room temperature. It does not oxidize when exposed to air or water owing to its high luster and purity.
Color Gold:
Gold loan is a type of consumer borrowing where the interest rates are based on the gold price. The gold price fluctuates according to market forces and is not controlled by any particular country's monetary authority. Gold loans are usually for shorter terms, ranging from one to five years, with lower monthly payments than a typical mortgage.
Application Insights:
The investment application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing investments by companies and governments across the world for exploration activities, particularly in emerging economies such as India, China, Brazil and South Africa.
The collecting application segment is expected to witness considerable growth over the next eight years owing to rising gold jewelry demand from countries including Russia, Saudi Arabia UAE & Kuwait among others. These countries are major suppliers of gold that is used for various applications including jewelry and electronics which will propel demand over the coming years.
Increasing use of colored bullion products as gift items during weddings & other social occasions has been driving market growth across North America.
Regional Analysis:
Asia Pacific dominated the global gold loan market in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to increasing gold loans in China, India, Japan, Australia and Singapore. The growing middle-class population coupled with rising living standards has led to an increase in consumer spending on luxury goods including jewelry. This trend is projected to positively influence the growth of the market for global gold loans over the forecast period.
Growth Factors:
- Increasing awareness about the benefits of gold loans among consumers.
- Rising disposable income and consequent increase in demand for consumer goods and services.
- Rapid urbanization and growing population of middle-class consumers in Tier II and III cities.
- Expansion of banking infrastructure in rural areas, making it easier for people to access credit facilities.
Scope Of The Report
Report Attributes
Report Details
Report Title
Gold Loan Market Research Report
By Type
Pure Gold, Color Gold
By Application
Investment, Collecting
By Companies
Barrick Gold, AngloGold Ashanti, Freeport-McMoRan, Newmont Mining, Randgold Resources
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
208
Number of Tables & Figures
146
Customization Available
Yes, the report can be customized as per your need.
Global Gold Loan Market Report Segments:
The global Gold Loan market is segmented on the basis of:
Types
Pure Gold, Color Gold
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
Investment, Collecting
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:
- Barrick Gold
- AngloGold Ashanti
- Freeport-McMoRan
- Newmont Mining
- Randgold Resources
Highlights of The Gold Loan Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Pure Gold
- Color Gold
- By Application:
- Investment
- Collecting
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Gold Loan 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
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Gold Loan is a term used to describe a loan that is secured by gold. This type of loan can be helpful if you need money quickly and don't have access to traditional loans.
Some of the major players in the gold loan market are Barrick Gold, AngloGold Ashanti, Freeport-McMoRan, Newmont Mining, Randgold Resources.
The gold loan market is expected to grow at a compound annual growth rate of 9.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Gold Loan Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Gold Loan Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Gold Loan Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Gold Loan Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Gold Loan Market Size & Forecast, 2018-2028
4.5.1 Gold Loan Market Size and Y-o-Y Growth
4.5.2 Gold Loan Market Absolute $ Opportunity
Chapter 5 Global Gold Loan Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Gold Loan Market Size Forecast by Type
5.2.1 Pure Gold
5.2.2 Color Gold
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Gold Loan Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Gold Loan Market Size Forecast by Applications
6.2.1 Investment
6.2.2 Collecting
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Gold Loan Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Gold Loan Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Gold Loan Analysis and Forecast
9.1 Introduction
9.2 North America Gold Loan Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Gold Loan Market Size Forecast by Type
9.6.1 Pure Gold
9.6.2 Color Gold
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Gold Loan Market Size Forecast by Applications
9.10.1 Investment
9.10.2 Collecting
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Gold Loan Analysis and Forecast
10.1 Introduction
10.2 Europe Gold Loan Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Gold Loan Market Size Forecast by Type
10.6.1 Pure Gold
10.6.2 Color Gold
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Gold Loan Market Size Forecast by Applications
10.10.1 Investment
10.10.2 Collecting
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Gold Loan Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Gold Loan Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Gold Loan Market Size Forecast by Type
11.6.1 Pure Gold
11.6.2 Color Gold
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Gold Loan Market Size Forecast by Applications
11.10.1 Investment
11.10.2 Collecting
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Gold Loan Analysis and Forecast
12.1 Introduction
12.2 Latin America Gold Loan Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Gold Loan Market Size Forecast by Type
12.6.1 Pure Gold
12.6.2 Color Gold
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Gold Loan Market Size Forecast by Applications
12.10.1 Investment
12.10.2 Collecting
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Gold Loan Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Gold Loan Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Gold Loan Market Size Forecast by Type
13.6.1 Pure Gold
13.6.2 Color Gold
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Gold Loan Market Size Forecast by Applications
13.10.1 Investment
13.10.2 Collecting
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Gold Loan Market: Competitive Dashboard
14.2 Global Gold Loan Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Barrick Gold
14.3.2 AngloGold Ashanti
14.3.3 Freeport-McMoRan
14.3.4 Newmont Mining
14.3.5 Randgold Resources
