The global silver bullion market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 4.2 billion by 2030. The growth of the market is attributed to the increasing demand for silver as an investment commodity and its use in various applications such as contact materials, plating materials, photosensitizing materials, electronic materials and investment commodities.
Silver bars are expected to account for the largest share of the global silver bullion market during the forecast period due to their high liquidity and easy availability in comparison with other types of silver bullion products such as coins or ingots. Silver bars are also considered more cost-effective than other types of products due to their lower manufacturing costs which make them more affordable for investors who want exposure in this metal but do not have large sums available for purchase.
- Silver is a precious metal that has been used as currency for centuries.
- Silver is an industrial metal that is used in many products, including electronics and medical equipment.
- The price of silver has increased steadily over the past decade due to the global economic downturn and demand from emerging markets such as China and India, which have a growing middle class with more disposable income to spend on luxury items like jewelry and silverware.
- The price of silver can be volatile due to speculation by investors, but it tends to be less volatile than gold because it does not have as much industrial use or investment demand outside of its value as an investment vehicle or store of value (i.e., people buy it because they think its worth will go up).
- Investors are attracted to silver because it does not correlate with other investments like stocks or bonds; this means that when stocks are down, for example, silver may still be up (or vice versa).
Industry Growth Insights published a new data on “Silver Bullion Market”. The research report is titled “Silver Bullion Market research by Types (Silver bars, Silver bullion coins), By Applications (Contact materials, Plating materials, Photosensitizing materials, Electronic materials, Investment commodities), By Players/Companies Mitsubishi Materials, Fresnillo, Goldcorp, Polymetal International, Pan American Silver, Volcan, Buenaventura, Coeur Mining, Southern Copper, KGHM, BHP Billiton, Glencore, Sumitomo Metal Mining, Hochschild Mining, Teck, First Majestic Silver, Penoles, Kinross, Hecla Mining”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Silver Bullion Market Research Report
By Type
Silver bars, Silver bullion coins
By Application
Contact materials, Plating materials, Photosensitizing materials, Electronic materials, Investment commodities
By Companies
Mitsubishi Materials, Fresnillo, Goldcorp, Polymetal International, Pan American Silver, Volcan, Buenaventura, Coeur Mining, Southern Copper, KGHM, BHP Billiton, Glencore, Sumitomo Metal Mining, Hochschild Mining, Teck, First Majestic Silver, Penoles, Kinross, Hecla Mining
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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Silver Bullion Market Report Segments:
The global Silver Bullion market is segmented on the basis of:
Types
Silver bars, Silver bullion coins
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
Contact materials, Plating materials, Photosensitizing materials, Electronic materials, Investment commodities
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:
- Mitsubishi Materials
- Fresnillo
- Goldcorp
- Polymetal International
- Pan American Silver
- Volcan
- Buenaventura
- Coeur Mining
- Southern Copper
- KGHM
- BHP Billiton
- Glencore
- Sumitomo Metal Mining
- Hochschild Mining
- Teck
- First Majestic Silver
- Penoles
- Kinross
- Hecla Mining
Highlights of The Silver Bullion 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:
- Silver bars
- Silver bullion coins
- By Application:
- Contact materials
- Plating materials
- Photosensitizing materials
- Electronic materials
- Investment commodities
- 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 Silver Bullion 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
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- Product & Brand Management
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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?
Silver bullion is silver that has been mined and refined into coins or bars. It is considered to be the most valuable form of silver, as it has a higher metal content than other forms of silver.
Some of the major players in the silver bullion market are Mitsubishi Materials, Fresnillo, Goldcorp, Polymetal International, Pan American Silver, Volcan, Buenaventura, Coeur Mining, Southern Copper, KGHM, BHP Billiton, Glencore, Sumitomo Metal Mining, Hochschild Mining, Teck, First Majestic Silver, Penoles, Kinross, Hecla Mining.
The silver bullion market is expected to grow at a compound annual growth rate of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Silver Bullion 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. Silver Bullion Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Silver Bullion Market - Supply Chain
4.5. Global Silver Bullion Market Forecast
4.5.1. Silver Bullion Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Silver Bullion Market Size (000 Units) and Y-o-Y Growth
4.5.3. Silver Bullion Market Absolute $ Opportunity
5. Global Silver Bullion 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. Silver Bullion Market Size and Volume Forecast by Type
5.3.1. Silver bars
5.3.2. Silver bullion coins
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Silver Bullion 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. Silver Bullion Market Size and Volume Forecast by Application
6.3.1. Contact materials
6.3.2. Plating materials
6.3.3. Photosensitizing materials
6.3.4. Electronic materials
6.3.5. Investment commodities
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Silver Bullion 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. Silver Bullion 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 Silver Bullion 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. Silver Bullion 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 Silver Bullion Demand Share Forecast, 2019-2026
9. North America Silver Bullion 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 Silver Bullion 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 Silver Bullion Market Size and Volume Forecast by Application
9.4.1. Contact materials
9.4.2. Plating materials
9.4.3. Photosensitizing materials
9.4.4. Electronic materials
9.4.5. Investment commodities
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Silver Bullion Market Size and Volume Forecast by Type
9.7.1. Silver bars
9.7.2. Silver bullion coins
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 Silver Bullion Demand Share Forecast, 2019-2026
10. Latin America Silver Bullion 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 Silver Bullion 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 Silver Bullion Market Size and Volume Forecast by Application
10.4.1. Contact materials
10.4.2. Plating materials
10.4.3. Photosensitizing materials
10.4.4. Electronic materials
10.4.5. Investment commodities
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Silver Bullion Market Size and Volume Forecast by Type
10.7.1. Silver bars
10.7.2. Silver bullion coins
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 Silver Bullion Demand Share Forecast, 2019-2026
11. Europe Silver Bullion 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 Silver Bullion 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 Silver Bullion Market Size and Volume Forecast by Application
11.4.1. Contact materials
11.4.2. Plating materials
11.4.3. Photosensitizing materials
11.4.4. Electronic materials
11.4.5. Investment commodities
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Silver Bullion Market Size and Volume Forecast by Type
11.7.1. Silver bars
11.7.2. Silver bullion coins
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Gowth 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 Silver Bullion Demand Share, 2019-2026
12. Asia Pacific Silver Bullion 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 Silver Bullion 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 Silver Bullion Market Size and Volume Forecast by Application
12.4.1. Contact materials
12.4.2. Plating materials
12.4.3. Photosensitizing materials
12.4.4. Electronic materials
12.4.5. Investment commodities
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Silver Bullion Market Size and Volume Forecast by Type
12.7.1. Silver bars
12.7.2. Silver bullion coins
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 Silver Bullion Demand Share, 2019-2026
13. Middle East & Africa Silver Bullion 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 Silver Bullion 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 Silver Bullion Market Size and Volume Forecast by Application
13.4.1. Contact materials
13.4.2. Plating materials
13.4.3. Photosensitizing materials
13.4.4. Electronic materials
13.4.5. Investment commodities
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Silver Bullion Market Size and Volume Forecast by Type
13.7.1. Silver bars
13.7.2. Silver bullion coins
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 Silver Bullion Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Silver Bullion Market: Market Share Analysis
14.2. Silver Bullion Distributors and Customers
14.3. Silver Bullion Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Mitsubishi Materials
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Fresnillo
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Goldcorp
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Polymetal International
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Pan American Silver
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Volcan
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Buenaventura
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Coeur Mining
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Southern Copper
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. KGHM
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. BHP Billiton
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Glencore
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Sumitomo Metal Mining
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Hochschild Mining
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Teck
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. First Majestic Silver
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Penoles
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Kinross
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Hecla Mining
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
