Industry Background:
Silver Bullion of high purity that is often kept in the form of bars, ingots, or coins. Bullion can sometimes be considered legal tender and is often held as reserves by central banks or held by institutional investors. Although precious metal bullion is no longer used to make coins for general circulation it continues to be held as an investment with a reputation for stability in periods of economic uncertainty. While one troy ounce is the most popular size to buy silver bullion in weights ranging from one gram to 10 kilograms
The Global Silver Bullion market presents a comprehensive analysis of the Silver Bullion market by product type (Silver bars and Silver bullion coins), by end-user/application (Contact materials, Plating materials, Photosensitizing materials, Electronic materials and Investment commodities), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. The key Vendors profiled in the report are Hecla Mining (United States), KGHM (Poland), Glencore (Switzerland), Coeur Mining (United States), Pan American Silver (Canada), Polymetal International (Cyprus), BHP Billiton (Australia), Penoles (Mexico), Buenaventura (Peru) and Goldcorp (Canada. Additionally, other players that are part of this comprehensive study are Mitsubishi Materials (Japan), Hochschild Mining (United Kingdom) and First Majestic Silver (Canada).
Attributes | Details |
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Study Period | 2017-2026 |
Base Year | 2020 |
Forecast Period | 2021-2026 |
Historical Period | 2017-2020 |
Unit | Value (USD Million) |
Key Companies Profiled | Hecla Mining (United States), KGHM (Poland), Glencore (Switzerland), Coeur Mining (United States), Pan American Silver (Canada), Polymetal International (Cyprus), BHP Billiton (Australia), Penoles (Mexico), Buenaventura (Peru) and Goldcorp (Canada |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Silver Bullion Market Dynamics:
Attributes | Details |
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Growth Drivers | - Increasing Women Users and Diverse Ethnicities is Fueling the Growth
- Surge in Global Silver Bullion Production Due to Increasing Number of Consumers
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Influencing Trends | - Technological Improvements in Silver Bullion Capturing Costumers
- Increased Focus on the Development of Adopting Digital Transformations
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Restraints | - High Cost Associated with Silver Bullion and Logistics & Transportation Issues May Hamper the Growth
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Road Blocks / Challenges | - Fluctuations in supply and demand share due to enforcement of stringent lockdown measures
- Challenges Regarding Creativity and Innovation in the Silver Bullion Industry
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Gaps & Opportunities | - Increasing Government Initiatives and Funding for the Development of Silver Bullion
- Increased Investment of Silver Bullion in the in India
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Regional Breakdown and Segment Analysis
This section of our report presents a realistic picture of the Global Silver Bullion industry. Investors and manufacturers can easily understand the inherent opportunities and challenges for their products in the geographical region of interest.
The Distribution Channels, such as Offline, is boosting the Silver Bullion market and is anticipated to experience a steady growth during the forecast period.
The rising number of players expected to enter the global market is predicted to enhance the competition level as well as encourage the growth of the overall market in the near future. Players are anticipated to focus on the development of new compounds, which is likely to encourage the growth of the global market throughout the forecast period
The regional segmentation covered in this report are:
South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)