GCC Takaful Market: Market Size, Forecast, Insights, and Competitive Landscape
The GCC takaful market is expected to grow at a CAGR of around 11.6% during 2024-2033. This report on GCC takaful market provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the GCC takaful by categorising the market based on various segments including detailed regional segmentation. Also, detailed profiles of companies operating in the GCC takaful market are provided in this report, which includes company description, business overview, product portfolio, and financial details.
This report provides an in-depth analysis of overall market and its segments. The historic numbers and forecasts are provided for each of the segments and for the countries covered in the report. This report also includes a detailed impact of COVID-19 pandemic on the GCC takaful market.
Apart from the quantitative analysis, the report also provides qualitative analysis, including SWOT analysis, porter’s five forces, and value chain of the industry. It also includes descriptive market drivers, opportunities, on-going & future trends, and challenges.
We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Historical & Forecast Period
Base Year: 2023
Historical Period: 2019-2023
Forecast Period: 2024-2033
Market by Insurance Type:
• Family Takaful
• General Takaful
Market by Distribution Channel:
• Offline Channel
• Online Channel
Market by Application:
• Personal
• Commercial
Market by Countries:
• Bahrain
• Kuwait
• Oman
• Qatar
• Saudi Arabia
• UAE
Key Highlights of Report
• Overview of the GCC takaful market.
• Analysis of market trends, historical data, market estimates for the base year, and projections of compound annual growth rates (CAGRs) through the forecast period
• Profiles of the key companies
• SWOT analysis, Porter’s five forces, and value chain analysis of GCC takaful
Key Questions Answered in the Report
• What will be the GCC takaful market size and the growth rate in the coming year?
• What are the main key factors driving the market?
• What are the key market trends impacting the growth of the market?
• What are the market opportunities and threats in the market?
• What industrial trends, drivers and challenges are manipulating its growth?
• Which are trending factors influencing the market shares of the top companies?
• Who are the key market players in the industry?
• What is the degree of competition in the industry?
• What is the impact of COVID-19 on the current industry?
- 1. Preface
- 1.1 Objective
- 1.2 Target Audience & Key Offerings
- 1.3 Report’s Scope
- 1.4 Research Methodology
- 1.4.1 Phase I
- 1.4.2 Phase II
- 1.4.3 Phase III
- 1.5 Assumptions
- 2. Key Insights
- 3. GCC Takaful Market
- 3.1. Introduction
- 3.2. Market Drivers
- 3.3. Market Challenges
- 4. GCC Takaful Market Analysis
- 4.1. Market Portraiture
- 4.2. Market Size
- 4.3. Market Forecast
- 4.4. Impact of COVID-19
- 5. GCC Takaful Market by Insurance Type
- 5.1. Introduction
- 5.2. Family Takaful
- 5.3. General Takaful
- 6. GCC Takaful Market by Distribution Channel
- 6.1. Introduction
- 6.2. Offline Channel
- 6.3. Online Channel
- 7. GCC Takaful Market by Application
- 7.1. Introduction
- 7.2. Personal
- 7.3. Commercial
- 8. GCC Takaful Market by Country
- 8.1. Introduction
- 8.2. Bahrain
- 8.3. Kuwait
- 8.4. Oman
- 8.5. Qatar
- 8.6. Saudi Arabia
- 8.7. UAE
- 9. SWOT Analysis
- 10. Porter’s Five Forces
- 11. Market Value Chain Analysis
- 12. Competitive Landscape
- 12.1. Competitive Scenario
- 12.2. Company Profiles
- 12.2.1. Abu Dhabi National Takaful Co.
- 12.2.2. Allianz
- 12.2.3. AMAN Insurance
- 12.2.4. Islamic Insurance
- 12.2.5. Prudential BSN Takaful Berhad
- 12.2.6. Qatar Islamic Insurance
- 12.2.7. SALAMA Islamic Arab Insurance Company
- 12.2.8. Syarikat Takaful Brunei Darussalam
- 12.2.9. Takaful International
- List of Figures
- Figure 1: GCC Takaful Market (in US$ Million), 2019-2023
- Figure 2: GCC Takaful Market by Insurance Type, 2023
- Figure 3: GCC Takaful Market by Distribution Channel, 2023
- Figure 4: GCC Takaful Market by Application, 2023
- Figure 5: GCC Takaful Market by Country, 2023
- Figure 6: GCC Takaful Market (in US$ Million), 2024-2033
- Figure 7: GCC Takaful Market by Insurance Type (in %), 2023 & 2033
- Figure 8: GCC Family Takaful Market (in US$ Million), 2019-2023
- Figure 9: GCC Family Takaful Market (in US$ Million), 2024-2033
- Figure 10: GCC General Takaful Market (in US$ Million), 2019-2023
- Figure 11: GCC General Takaful Market (in US$ Million), 2024-2033
- Figure 12: GCC Takaful Market by Distribution Channel (in %), 2023 & 2033
- Figure 13: GCC Offline Takaful Market (in US$ Million), 2019-2023
- Figure 14: GCC Offline Takaful Market (in US$ Million), 2024-2033
- Figure 15: GCC Online Takaful Market (in US$ Million), 2019-2023
- Figure 16: GCC Online Takaful Market (in US$ Million), 2024-2033
- Figure 17: GCC Takaful Market by Application (in %), 2023 & 2033
- Figure 18: GCC Personal Takaful Market (in US$ Million), 2019-2023
- Figure 19: GCC Personal Takaful Market (in US$ Million), 2024-2033
- Figure 20: GCC Commercial Takaful Market (in US$ Million), 2019-2023
- Figure 21: GCC Commercial Takaful Market (in US$ Million), 2024-2033
- Figure 22: GCC Takaful Market by Country (in %), 2023 & 2033
- Figure 23: Bahrain Takaful Market (in US$ Million), 2019-2023
- Figure 24: Bahrain Takaful Market (in US$ Million), 2024-2033
- Figure 25: Kuwait Takaful Market (in US$ Million), 2019-2023
- Figure 26: Kuwait Takaful Market (in US$ Million), 2024-2033
- Figure 27: Oman Takaful Market (in US$ Million), 2019-2023
- Figure 28: Oman Takaful Market (in US$ Million), 2024-2033
- Figure 29: Qatar Takaful Market (in US$ Million), 2019-2023
- Figure 30: Qatar Takaful Market (in US$ Million), 2024-2033
- Figure 31: Saudi Arabia Takaful Market (in US$ Million), 2019-2023
- Figure 32: Saudi Arabia Takaful Market (in US$ Million), 2024-2033
- Figure 33: UAE Takaful Market (in US$ Million), 2019-2023
- Figure 34: UAE Takaful Market (in US$ Million), 2024-2033
- Figure 35: Market Value Chain
- List of Tables
- Table 1: GCC Takaful Market Portraiture
- Table 2: GCC Takaful Market by Insurance Type (in US$ Million), 2023 & 2033
- Table 3: GCC Takaful Market by Distribution Channel (in US$ Million), 2023 & 2033
- Table 4: GCC Takaful Market by Application (in US$ Million), 2023 & 2033
- Table 5: GCC Takaful Market by Country (in US$ Million), 2023 & 2033
- Table 6: List of Key Players
Research Assistance
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