Global Takaful Insurance Industry Outlook 2021: Overview, Opportunities, Key Companies and Forecast to 2027
- Report Code : GRD2733039
- Published On: Mar, 2022
- Category : Internet Software & Services
- Pages : 90
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Executive Summary
According to Research, the global Takaful Insurance market was valued at million US$ in 2020 and is expected to million US$ by the end of 2027, growing at a CAGR of % in the forecast period 2021 and 2027.
This report studies the Takaful Insurance market dynamics from angles such as new entries, mergers and acquisitions, fundings, exit and major technology breakthroughs. Market performance is evaluated through market size (Million USD) by players, regions, product types and end industries. This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with revenue, market share and growth Rate of Takaful Insurance in these regions, from 2016 to 2027, covering
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Italy, Spain and Russia, etc.)
Asia-Pacific (China, Japan, Korea, Southeast Asia, India, Australia)
South America (Brazil, Argentina, Colombia, etc.)
Middle East and Africa (Turkey, Saudi Arabia, South Africa, etc.)
Market Snapshot, By Product Type
Family Insurance
General Insurance
Property & Fire Insurance
Medical & Health Insurance
Others
Market Snapshot, By Application
Personal
Commercial
Market Snapshot, By Region:
North America
United States
Canada
Mexico
Europe
Germany
France
UK
Italy
Russia
Spain
Asia Pacific
China
Japan
Korea
Southeast Asia
India
Australia
Central & South America
Brazil
Argentina
Colombia
Middle East & Africa
Iran
South Africa
Israel
Turkey
Saudi Arabia
Main Market Players Analyzed in this report, including:
Zurich Malaysia
Takaful International
Syarikat Takaful Brunei Darussalam
SALAMA Islamic Arab Insurance Company
Qatar Islamic Insurance
Prudential BSN Takaful Berhad
Islamic Insurance
AMAN Insurance
Allianz
Abu Dhabi National Takaful Co.
The study objectives of this report are:
To study and analyze the global Takaful Insurance market size (Million USD) by company, key regions/countries, products and application, history data from 2016 to 2020, and forecast to 2027.
To understand industry structure of Takaful Insurance market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To identify the key global Takaful Insurance manufacturers and regional typical players, to define, describe and analyze their sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Takaful Insurance market with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Takaful Insurance submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Takaful Insurance are as follows:
History Year: 2016-2020
Base Year: 2020
Estimated Year: 2021
Forecast Year 2021 to 2027
This report includes the estimation of market size from top-down approach by analyzing major submarkets and their major driving factors, and verified from bottom-up approaches. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified from primary sources.
For the data information by region, company, type and application, 2020 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders Considered in the study:
Raw material vendors
Distributors/traders/wholesalers/suppliers
Regulatory authorities, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade/Industrial associations
End-use industries
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With tables and figures helping analyze worldwide Global Takaful Insurance market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
1 Market Definition & Scope1.1 Definition & Scope
1.2 Takaful Insurance Product Specifications
1.3 Main Events (Entry, M&A, Exit, Technology and Capital Activity)
1.4 Global Takaful Insurance Market Performance and Outlook
2 Market Development Performance under COVID-192.1 Influencing Factors of Industry Development in the Next Five Years
2.1.1 Drivers
2.1.2 Restraints
2.1.3 Opportunities2.2 Porter’s Five Forces Analysis
2.3 Comparison of Alternatives and Takaful Insurance
3 3 Industrial Lift Cycle and Main Buyers Analysis3.1 Industry Life Cycle Analysis
3.2 Key Buying Industries/Consumers
3.2.1 Major Buyers in Application One
3.2.2 Major Buyers in Application Two
3.2.1 Major Buyers in Application Three
4 Market Segment: by Type4.1 Takaful Insurance Type Introduction
4.1.1 Family Insurance
4.1.2 General Insurance
4.1.3 Property & Fire Insurance
4.1.4 Medical & Health Insurance
4.1.5 Others4.2 Global Takaful Insurance Revenue by Type 2016-2021
5 Market Segment: by Application5.1 Takaful Insurance Type Introduction
5.1.1 Personal
5.1.2 Commercial5.2 Global Takaful Insurance Revenue by Application 2016-2021
6 Marke Segment: by Region6.1 Global Takaful Insurance Market by Region
6.2 North America Takaful Insurance Market 2016-2021
6.3 Europe Takaful Insurance Market 2016-2021
6.4 Asia Pacific Takaful Insurance Market 2016-2021
6.5 South America Takaful Insurance Market 2016-2021
6.6 Middle East and Africa Takaful Insurance Market 2016-2021
7 North America7.1 North America Takaful Insurance Market by Country 2016-2021
7.2 United States
7.3 Canada
7.4 Mexico
8 Europe8.1 Europe Takaful Insurance Market by Country 2016-2021
8.2 Germany
8.3 France
8.4 UK
8.5 Italy
8.6 Russia
8.7 Spain
9 Asia Pacific9.1 Asia Pacific Takaful Insurance Market by Country 2016-2021
9.2 China
9.3 Japan
9.4 Korea
9.5 Southeast Asia
9.6 India
9.7 Australia
10 South America10.1 South America Takaful Insurance Market by Country 2016-2021
10.2 Brazil
10.3 Argentina
10.4 Colombia
11 Middle East and Africa11.1 Middle East and Africa Takaful Insurance Market by Country 2016-2021
11.2 Turkey
11.3 Saudi Arabia
11.4 South Africa
12 Key Participants Company Information3.1 Zurich Malaysia
3.1.1 Zurich Malaysia Company Information
3.1.2 Zurich Malaysia Takaful Insurance Product Portfolio, Specification and Application
3.1.3 Zurich Malaysia Takaful Insurance Revenue and Gross Margin (2019-2021)
3.1.4 Zurich Malaysia Key Development3.2 Takaful International
3.2.1 Takaful International Company Information
3.2.2 Takaful International Takaful Insurance Product Portfolio, Specification and Application
3.2.3 Takaful International Takaful Insurance Revenue and Gross Margin (2019-2021)
3.2.4 Takaful International Key Development3.3 Syarikat Takaful Brunei Darussalam
3.3.1 Syarikat Takaful Brunei Darussalam Company Information
3.3.2 Syarikat Takaful Brunei Darussalam Takaful Insurance Product Portfolio, Specification and Application
3.3.3 Syarikat Takaful Brunei Darussalam Takaful Insurance Revenue and Gross Margin (2019-2021)
3.3.4 Syarikat Takaful Brunei Darussalam Key Development3.4 SALAMA Islamic Arab Insurance Company
3.4.1 SALAMA Islamic Arab Insurance Company Company Information
3.4.2 SALAMA Islamic Arab Insurance Company Takaful Insurance Product Portfolio, Specification and Application
3.4.3 SALAMA Islamic Arab Insurance Company Takaful Insurance Revenue and Gross Margin (2019-2021)
3.4.4 SALAMA Islamic Arab Insurance Company Key Development3.5 Qatar Islamic Insurance
3.5.1 Qatar Islamic Insurance Company Information
3.5.2 Qatar Islamic Insurance Takaful Insurance Product Portfolio, Specification and Application
3.5.3 Qatar Islamic Insurance Takaful Insurance Revenue and Gross Margin (2019-2021)
3.5.4 Qatar Islamic Insurance Key Development3.6 Prudential BSN Takaful Berhad
3.6.1 Prudential BSN Takaful Berhad Company Information
3.6.2 Prudential BSN Takaful Berhad Takaful Insurance Product Portfolio, Specification and Application
3.6.3 Prudential BSN Takaful Berhad Takaful Insurance Revenue and Gross Margin (2019-2021)
3.6.4 Prudential BSN Takaful Berhad Key Development
3.7 Islamic Insurance
3.7.1 Islamic Insurance Company Information
3.7.2 Islamic Insurance Takaful Insurance Product Portfolio, Specification and Application
3.7.3 Islamic Insurance Takaful Insurance Revenue and Gross Margin (2019-2021)
3.7.4 Prudential BSN Takaful Berhad Key Development
3.9 Allianz
3.9.1 Allianz Company Information
3.9.2 Allianz Takaful Insurance Product Portfolio, Specification and Application
3.9.3 Allianz Takaful Insurance Revenue and Gross Margin (2019-2021)
3.9.4 Allianz Key Development
3.8 AMAN Insurance
3.8.1 AMAN Insurance Company Information
3.8.2 AMAN Insurance Takaful Insurance Product Portfolio, Specification and Application
3.8.3 AMAN Insurance Takaful Insurance Revenue and Gross Margin (2019-2021)
3.8.4 AMAN Insurance Key Development
13 Global Takaful Insurance Market Forecast by Region by Type and by Application13.1 Global Takaful Insurance Revenue Forecast 2022-2027
13.2 Global Takaful Insurance Forecast by Regions
13.3 Global Takaful Insurance Forecast by Type
13.4 Global Takaful Insurance Forecast by Application
14 Analyst Views and Conclusions
15 Methodology and Data Source15.1 Methodology
15.2 Research Data Source
15.2.1 Secondary Data
15.2.2 Primary Data
15.2.3 Market Size Estimation15.3 Legal Disclaimer
List of Tables
Table 1: Global Takaful Insurance Production Specifications
Table 2: Drivers in Takaful Insurance Market
Table 3: Restraints Takaful Insurance Market
Table 4: Opportunity in Takaful Insurance Market
Table 5: Comparion of Alternative and Takaful Insurance
Table 6: Takaful Insurance Raw Materials Key Suppliers List
Table 7: Takaful Insurance Distributors List
Table 8: Takaful Insurance Major Buyers in Application One
Table 9: Takaful Insurance Major Buyers in Application Two
Table 10: Takaful Insurance Major Buyers in Application Three
Table 11: Global Takaful Insurance Revenue (Million USD) by Type 2016-2021
Table 12: Global Takaful Insurance Revenue Market Share by Type 2016-2021
Table 18: Global Takaful Insurance Revenue (Million USD) by Application 2016-2021
Table 19: Global Takaful Insurance Revenue Market Share by Application 2016-2021
Table 20: Global Takaful Insurance Revenue (Million USD) by Region 2016-2021
Table 21: Global Takaful Insurance Revenue Market Share by Region 2016-2021
Table 22: North America Takaful Insurance Revenue (Million USD) by Country 2016-2021
Table 23: North America Takaful Insurance Revenue Market Share by Country 2016-2021)
Table 24: Europe Takaful Insurance Revenue (Million USD) by Country 2016-2021
Table 25: Europe Takaful Insurance Revenue Market Share by Country 2016-2021)
Table 26: Asia Pacific Takaful Insurance Revenue (Million USD) by Country 2016-2021
Table 27: Asia Pacific Takaful Insurance Revenue Market Share by Country 2016-2021)
Table 28: South America Takaful Insurance Revenue (Million USD) by Country 2016-2021
Table 29: South America Takaful Insurance Revenue Market Share by Country 2016-2021)
Table 30: Middle East and Africa Takaful Insurance Revenue (Million USD) by Country 2016-2021
Table 31: Middle East and Africa Takaful Insurance Revenue Market Share by Country 2016-2021)
Table 32 Zurich Malaysia Company Information
Table 33 Zurich Malaysia Takaful Insurance Product Portfolio, Specification and Application
Table 34 Zurich Malaysia Takaful Insurance Revenue and Gross Margin (2019-2021)
Table 35 Takaful International Company Information
Table 36 Takaful International Takaful Insurance Product Portfolio, Specification and Application
Table 37 Takaful International Takaful Insurance Revenue and Gross Margin (2019-2021)
Table 38 Syarikat Takaful Brunei Darussalam Company Information
Table 39 Syarikat Takaful Brunei Darussalam Takaful Insurance Product Portfolio, Specification and Application
Table 40 Syarikat Takaful Brunei Darussalam Takaful Insurance Revenue and Gross Margin (2019-2021)
Table 41 SALAMA Islamic Arab Insurance Company Company Information
Table 42 SALAMA Islamic Arab Insurance Company Takaful Insurance Product Portfolio, Specification and Application
Table 43 SALAMA Islamic Arab Insurance Company Takaful Insurance Revenue and Gross Margin (2019-2021)
Table 44 Qatar Islamic Insurance Company Information
Table 45 Qatar Islamic Insurance Takaful Insurance Product Portfolio, Specification and Application
Table 46 Qatar Islamic Insurance Takaful Insurance Revenue and Gross Margin (2019-2021)
Table 47 Prudential BSN Takaful Berhad Company Information
Table 48 Prudential BSN Takaful Berhad Takaful Insurance Product Portfolio, Specification and Application
Table 49 Prudential BSN Takaful Berhad Takaful Insurance Revenue and Gross Margin (2019-2021)
Table 50 Islamic Insurance Company Information
Table 51 Islamic Insurance Takaful Insurance Product Portfolio, Specification and Application
Table 52 Islamic Insurance Takaful Insurance Revenue and Gross Margin (2019-2021)
Table 53 AMAN Insurance Company Information
Table 54 AMAN Insurance Takaful Insurance Product Portfolio, Specification and Application
Table 55 AMAN Insurance Takaful Insurance Revenue and Gross Margin (2019-2021)
Table 56 Allianz Company Information
Table 57 Allianz Takaful Insurance Product Portfolio, Specification and Application
Table 58 Allianz Takaful Insurance Revenue and Gross Margin (2019-2021)
Table 59: Global Takaful Insurance Revenue (Million USD) Forecast by Region (2022-2027)
Table 60: Global Takaful Insurance Revenue Market Share Forecast by Region (2022-2027)
Table 61: Global Takaful Insurance Revenue (Million USD) Forecast by Type (2022-2027)
Table 62: Global Takaful Insurance Revenue Market Share Forecast by Type (2022-2027)
Table 63: Global Takaful Insurance Revenue (Million USD) Forecast by Application (2022-2027)
Table 64: Global Takaful Insurance Revenue Market Share Forecast by Application (2022-2027)
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The Global Takaful Insurance Market has been segregated into various crucial divisions including applications, types, and regions. Each market segment is intensively studied in the report contemplating its market acceptance, worthiness, demand, and growth prospects. The segmentation analysis will help the client to customize their marketing approach to have a better command of each segment and to identify the most prospective customer base.
Report Objectives / Segmentation Covered :
By Companies / players:
By Regions:
By Type:
By Application:
Frequently asked questions(FAQ's):
New players are entering the Global Takaful Insurance Market, while established companies are changing their business models and strategies. This pattern is likely to continue for the foreseeable future.
Depending upon the type of applications, the Global Takaful Insurance Market has been segmented into
In 2023, the Global Takaful Insurance Market share surpassed USD xx million, and between 2024 and 2029, it will grow at a CAGR of yy%.
As the shift to value addition continues, companies in the Global Takaful Insurance Market face the dual challenge of improving interoperability to optimize performance and experience.
In this highly competitive and rapidly evolving Global Takaful Insurance Industry, top strategic priorities such as innovation, diversification, and M&A would remain consistent.