HTF MI recently added Gold Loan Market in India 2020 Market Study that gives deep analysis of current scenario of the Market size, demand, growth, trends, and forecast. Revenue for Gold Loan Market in 2020 Market has grown substantially over the five years to 2019 as a result of strengthening macroeconomic conditions and healthier demand, however with current economic slowdown and Face-off with COVID-19 Industry Players are seeing Big Impact in operations and identifying ways to keep momentum. Gold Loan Market in 2020 Market estimates rely extensively on both the volume and value and due to slowdown price fluctuation in widening demand and supply gap.
Get the inside scoop of the Sample report @: https://www.htfmarketreport.com/sample-report/2688527-gold-loan-market-in-india-2020
What is Gold Loan Market in India 2020? Who are Major & Emerging Players in Gold Loan Market in 2020 Market
The companies holding the largest market share in the Gold Loan Market in 2020 Market include Axis Bank of India, Central Bank of India, Federal Bank Limited, HDFC Bank Limited, ICICI Limited, Kotak Mahindra Bank Limited, Manappuram Finance Limited, Muthoot Finance Limited, State Bank of India, Union Bank of India
Company 1 Market Share: XX%
Company 2 Market Share: BB%
Company 3 Market Share: ZZ%
In India, gold is considered to be a sign of social status, financial security and cultural legacy. As of 2019, households in India assembled about 25,000 tons of gold, making the country the largest holder of the yellow metal in the world. Rural communities account for ~65% of the total gold demand in the country. Owing to the sentimental value that Indians associate with this indispensable item, people seldom sell it to meet financial emergencies. They prefer to pledge gold as collateral to secure short-term loans. Gold loans enjoy a relatively low interest rate that varies between 9.5% and 24%, and have a flexible tenure (ranging from a few days to 5 years).
The gold loan market in India was valued at ~INR 2,921.42 Bn in 2019 and is expected to reach ~INR 6,275.40 Bn by 2025, expanding at a compound annual growth rate (CAGR) of ~12.75% during the 2020-2025 period.
Impact of COVID-19:
The Indian gold loan market has witnessed a positive impact on business during the nationwide lockdown due to the Coronavirus pandemic. Gold loan products have experienced rapid growth than other retail banking products during this period. Due to economic distress and job losses, gold is acting as an insurance policy, as well as a retirement plan across India. People are availing gold loans to fulfill their immediate fund requirements.
Make an Enquire before Purchase @: https://www.htfmarketreport.com/enquiry-before-buy/2688527-gold-loan-market-in-india-2020
Key Highlights of Report:
Market Development Activityè & Future Outlook
Similar Industry [Substitute Product/Services Analysis]è
Industry at a Glance
Gold Loan Market in India 2020 Key Statisticsè
– Market Size (2019): USD XX Million
– Number of Businesses/Players: n-Numbers
– Average Industry Profit Margin: XX%
Current Scenario Outlook [Market Trends, Riskè & Return Profile]
Dominating Players / Competitive Nature
Market /Product Life Cycleè
Market Size by Type (valueè & Volume) [2014-2025]
Market Size by Application (valueè & Volume) [2014-2025]
Market Size by …………. (Valueè & Volume) [2014-2025]
Know More About Complete Study @ https://www.htfmarketreport.com/reports/2688527-gold-loan-market-in-india-2020
Report highlights continued…………
Majorè & Emerging Countries & growth Outlook
Market Size by Regionè
Cross Segmentation by Countries
– North America: United States, Canada, and Mexico.
– South & Central America: Argentina, Chile, LATAM, and Brazil.
– Middle East & Africa: Saudi Arabia, UAE, Israel, Turkey, Egypt and South Africa.
– Europe: UK, France, Italy, Germany, Spain, BeNeLux, and Russia.
– Asia-Pacific: India, China, Japan, South Korea, Indonesia, Thailand, Singapore, and Australia
Market Share Concentration [CR4, CR8, HHI Index]è
PORTER 5-Forces Analysisè
Market Share Analysis by Playersè
Emerging Players by Growthè
– Business Overview
– Key Financials
– Development Insights [Product launches, M&A, JVs etc]
Acquire Single User PDF license of this research report @ https://www.htfmarketreport.com/buy-now?format=1&report=2688527
In the end, the report includes Gold Loan Market in India 2020 Market new project SWOT analysis, investment feasibility analysis, investment return analysis, and development analysis. The report also presents a round-up of vulnerabilities which companies operating in the market must avoid in order to enjoy sustainable growth through the course of the forecast period.
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia (China, India, Japan etc) or Oceania [Australia and New Zealand].
HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.
Company Name: HTF Market Intelligence Consulting Private Limited
Contact Person: Craig Francis
Email: Send Email
Address:Unit No. 429, Parsonage Road
State: New Jersey
Country: United States