DUBLIN–(BUSINESS WIRE)–The “Gold – Global Strategic Business Report” has been added to ResearchAndMarkets.com’s offering.
The global market for Gold is estimated at 4.5 Thousand Tonnes in 2023 and is projected to reach 6.3 Thousand Tonnes by 2030, growing at a CAGR of 5.0% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the gold market is driven by several factors. Economic volatility and uncertainty often lead investors to gold as a safe store of value, pushing up its price and demand. Technological advancements that lower the cost of gold extraction and processing also contribute to market growth by sustaining its supply at lower costs.
Moreover, the expansion of the middle class in emerging economies boosts demand for gold jewelry and ornaments, further propelling the market. Additionally, as new uses for gold in technology and medicine are developed, its industrial demand continues to expand. Global trade policies and geopolitical tensions can also impact the gold market, influencing investor behavior and gold prices.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Gold Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Gold Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Gold Jewelry segment, which is expected to reach 3.0 Thousand Tonnes by 2030 with a CAGR of a 5.5%. The Gold Bars & Coins segment is also set to grow at 4.4% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at 1.2 Thousand Tonnes in 2023, and China, forecasted to grow at an impressive 7.5% CAGR to reach 1.4 Thousand Tonnes by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as AngloGold Ashanti, Barrick Gold Corporation, Furukawa Co., Ltd., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 284 |
| Forecast Period | 2023 – 2030 |
| Estimated Market Value in 2023 | 4.5 Thousand Tonnes |
| Forecasted Market Value by 2030 | 6.3 Thousand Tonnes |
| Compound Annual Growth Rate | 5.0% |
| Regions Covered | Global |
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Global Economic Update
- Gold – Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
MARKET TRENDS & DRIVERS
- Advances in Mining Technology Propel Growth in Gold Market
- Increasing Demand for Gold as an Investment Expands Addressable Market Opportunity
- Technological Innovations in Gold Extraction Generate Demand for Efficient Mining Solutions
- Growth in Jewelry and Luxury Goods Sector Drives Adoption of Gold
- Rising Focus on Sustainable and Ethical Sourcing Strengthens Business Case for Responsible Gold Mining
- Adoption of Gold in Electronics and Technology Spurs Growth in Market
- Advances in Gold Recycling and Recovery Sustain Growth in Secondary Markets
- Integration with Digital and Blockchain Technologies Drives Market Expansion
- Innovations in Gold-Based Nanomaterials Propel Growth in Medical and Industrial Applications
FOCUS ON SELECT PLAYERS (Total 366 Featured)
- AngloGold Ashanti
- Barrick Gold Corporation
- Furukawa Co., Ltd.
- Gabriel Resources Ltd.
- Harmony Gold Mining Company Limited
- Jinshan Gold
- Johnson Matthey PLC
- Kinross Gold Corporation
- New Gold Inc.
- Newmont Mining Corporation
- Tertiary Minerals PLC
- Vedanta Resources PLC
- Zijin Mining Group
For more information about this report visit https://www.researchandmarkets.com/r/cxrl3f
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