Global Fabrication Gold Industry Overview
The demand for gold is increasing in countries such as India, China, and Turkey, owing to the rise in disposable income and economic growth. Also, the cultural importance of gold jewelry forms a direct link with the economic development. The global demand for fabrication gold witnessed a significant decline before 2016, due to the global economic downturn. However, the demand for gold used in jewelry witnessed a growth in demand in 2017 owing to improving economic conditions. The demand for gold in India is expected to improve during the forecast period. In addition, the growing employment in the tertiary sectors also contributed to the growth of the middle-class population in the aforementioned countries over the last decade. This intensifies the demand for gold as a long-term investment, thus driving the fabrication gold market growth during the forecast period.
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Top fabrication gold vendors listed in this report
The fabrication gold market is fragmented as the market is home to a number of companies. The market is currently in its late growth phase and exposed to opportunities and innovations. This fabrication gold industry analysis report will aid clients in identifying new growth opportunities and designing new growth strategies.
The report offers a complete analysis of fabrication gold companies including:
- AngloGold Ashanti
- Barrick Gold
- Goldcorp
- Kinross Gold
- Newmont Mining
Fabrication gold market growth based on geographic regions:
- Americas
- APAC
- EMEA
With a complete study of the growth opportunities for companies across regions such as the Americas, APAC, and EMEA, our industry research analysts have estimated that countries in APAC will constitute the maximum growth of this fabrication gold market through the predicted period. Growth in this region is attributed to the increasing disposable income in countries such as India, China, and Turkey.
Fabrication gold market growth based on application:
- Jewelry
- Electronics
- Official coins
- Medical
According to our market research experts, the jewelry segment will account for the maximum growth of the market. Additionally, the report provides an accurate prediction of the contribution of the various application segments in the growth of the fabrication gold market size.
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Key highlights of the global fabrication gold market for the forecast years 2018-2022:
- CAGR of the market during the forecast period 2018-2022
- Detailed information on factors that will accelerate the growth of the fabrication gold market during the next five years
- Precise estimation of the global fabrication gold size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the fabrication gold industry across various geographies such as the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive information about factors that will challenge the growth of fabrication gold companies
What’s your takeaway?
This market research report analyzes the market outlook and provides a list of key trends, drivers, and challenges that are anticipated to impact the global fabrication gold market and its stakeholders over the forecast years. Market research analysts at Technavio have also considered how the performance of other related markets in the vertical will impact fabrication gold market size till 2022. To know more about markets which will influence the growth of the fabrication gold market over the coming years, Click here.
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