Global Precious Metals Market 2023-2027

The precious metals market is forecasted to grow by USD 84.89 bn during 2022-2027, accelerating at a CAGR of 5.82% during the forecast period. The report on the precious metals market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by precious metals proving to be safe-haven during economic uncertainty, growing use of precious metals in electronics, renewable energy, and medical sectors, and rising middle-class populations.

Market Scope
Base Year	2022
End Year	2027
Series Year	2023-2027
Growth Momentum	Accelerate
YOY 2023	5.5%
CAGR	5.82%
Incremental Value	$84.89bn

Technavio's precious metals market is segmented as below:

By Type

Gold
Silver
Platinum group metals

By Application

Industrial
Jewelry
Investment

By Geography

APAC
North America
Europe
Middle East and Africa
South America

This study identifies the growing environmental, social, and governance (ESG) focus as one of the prime reasons driving the precious metals market growth during the next few years. Also, involvement of blockchain for tracing origins of precious metals and increasing shift toward renewable energy and electric vehicles will lead to sizable demand in the market.

The report on the precious metals market covers the following areas:

Precious metals market sizing
Precious metals market forecast
Precious metals market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading precious metals market vendors that include Anglo American Platinum Ltd., Barrick Gold Corp., First Majestic Silver Corp., First Quantum Minerals Ltd., Freeport McMoRan Inc., Gabriel Resources Ltd., Glencore Plc, Gold Fields Ltd., Harmony Gold Mining Co. Ltd., Impala Platinum Holdings Ltd., Kinross Gold Corporation, Lundin Mining Corp., Lynas Rare Earths Ltd., Neo Performance Materials Inc., Newcrest Mining Ltd., Newmont Corp., Pan American Silver Corp., Industrias Penoles SAB de CV, Namibia Critical Metals Inc., and Northern Minerals Ltd.. Also, the precious metals market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR76204

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market by Geography
Exhibit 05: Executive Summary - Chart on Market Segmentation by Type
Exhibit 06: Executive Summary - Chart on Market Segmentation by Application
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global precious metals market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on global precious metals market 2017 - 2021 ($ billion)
4.2 By Type Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - By Type Segment 2017 - 2021 ($ billion)
4.3 By Application Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - By Application Segment 2017 - 2021 ($ billion)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ billion)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Type

6.1 Market segments
Exhibit 30: Chart on Type - Market share 2022-2027 (%)
Exhibit 31: Data Table on Type - Market share 2022-2027 (%)
6.2 Comparison by Type
Exhibit 32: Chart on Comparison by Type
Exhibit 33: Data Table on Comparison by Type
6.3 Gold - Market size and forecast 2022-2027
Exhibit 34: Chart on Gold - Market size and forecast 2022-2027 ($ billion)
Exhibit 35: Data Table on Gold - Market size and forecast 2022-2027 ($ billion)
Exhibit 36: Chart on Gold - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Gold - Year-over-year growth 2022-2027 (%)
6.4 Silver - Market size and forecast 2022-2027
Exhibit 38: Chart on Silver - Market size and forecast 2022-2027 ($ billion)
Exhibit 39: Data Table on Silver - Market size and forecast 2022-2027 ($ billion)
Exhibit 40: Chart on Silver - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Silver - Year-over-year growth 2022-2027 (%)
6.5 Platinum group metals - Market size and forecast 2022-2027
Exhibit 42: Chart on Platinum group metals - Market size and forecast 2022-2027 ($ billion)
Exhibit 43: Data Table on Platinum group metals - Market size and forecast 2022-2027 ($ billion)
Exhibit 44: Chart on Platinum group metals - Year-over-year growth 2022-2027 (%)
Exhibit 45: Data Table on Platinum group metals - Year-over-year growth 2022-2027 (%)
6.6 Market opportunity by Type
Exhibit 46: Market opportunity by Type ($ billion)
Exhibit 47: Data Table on Market opportunity by Type ($ billion)

7 Market Segmentation by Application

7.1 Market segments
Exhibit 48: Chart on Application - Market share 2022-2027 (%)
Exhibit 49: Data Table on Application - Market share 2022-2027 (%)
7.2 Comparison by Application
Exhibit 50: Chart on Comparison by Application
Exhibit 51: Data Table on Comparison by Application
7.3 Industrial - Market size and forecast 2022-2027
Exhibit 52: Chart on Industrial - Market size and forecast 2022-2027 ($ billion)
Exhibit 53: Data Table on Industrial - Market size and forecast 2022-2027 ($ billion)
Exhibit 54: Chart on Industrial - Year-over-year growth 2022-2027 (%)
Exhibit 55: Data Table on Industrial - Year-over-year growth 2022-2027 (%)
7.4 Jewelry - Market size and forecast 2022-2027
Exhibit 56: Chart on Jewelry - Market size and forecast 2022-2027 ($ billion)
Exhibit 57: Data Table on Jewelry - Market size and forecast 2022-2027 ($ billion)
Exhibit 58: Chart on Jewelry - Year-over-year growth 2022-2027 (%)
Exhibit 59: Data Table on Jewelry - Year-over-year growth 2022-2027 (%)
7.5 Investment - Market size and forecast 2022-2027
Exhibit 60: Chart on Investment - Market size and forecast 2022-2027 ($ billion)
Exhibit 61: Data Table on Investment - Market size and forecast 2022-2027 ($ billion)
Exhibit 62: Chart on Investment - Year-over-year growth 2022-2027 (%)
Exhibit 63: Data Table on Investment - Year-over-year growth 2022-2027 (%)
7.6 Market opportunity by Application
Exhibit 64: Market opportunity by Application ($ billion)
Exhibit 65: Data Table on Market opportunity by Application ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 67: Chart on Market share by geography 2022-2027 (%)
Exhibit 68: Data Table on Market share by geography 2022-2027 (%)
9.2 Geographic comparison
Exhibit 69: Chart on Geographic comparison
Exhibit 70: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2022-2027
Exhibit 71: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
Exhibit 72: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
Exhibit 73: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 74: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.4 North America - Market size and forecast 2022-2027
Exhibit 75: Chart on North America - Market size and forecast 2022-2027 ($ billion)
Exhibit 76: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
Exhibit 77: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 78: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.5 Europe - Market size and forecast 2022-2027
Exhibit 79: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
Exhibit 80: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
Exhibit 81: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 82: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.6 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.7 South America - Market size and forecast 2022-2027
Exhibit 87: Chart on South America - Market size and forecast 2022-2027 ($ billion)
Exhibit 88: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
Exhibit 89: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 90: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.8 China - Market size and forecast 2022-2027
Exhibit 91: Chart on China - Market size and forecast 2022-2027 ($ billion)
Exhibit 92: Data Table on China - Market size and forecast 2022-2027 ($ billion)
Exhibit 93: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 94: Data Table on China - Year-over-year growth 2022-2027 (%)
9.9 US - Market size and forecast 2022-2027
Exhibit 95: Chart on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 96: Data Table on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 97: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 98: Data Table on US - Year-over-year growth 2022-2027 (%)
9.10 India - Market size and forecast 2022-2027
Exhibit 99: Chart on India - Market size and forecast 2022-2027 ($ billion)
Exhibit 100: Data Table on India - Market size and forecast 2022-2027 ($ billion)
Exhibit 101: Chart on India - Year-over-year growth 2022-2027 (%)
Exhibit 102: Data Table on India - Year-over-year growth 2022-2027 (%)
9.11 UK - Market size and forecast 2022-2027
Exhibit 103: Chart on UK - Market size and forecast 2022-2027 ($ billion)
Exhibit 104: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
Exhibit 105: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibit 106: Data Table on UK - Year-over-year growth 2022-2027 (%)
9.12 Canada - Market size and forecast 2022-2027
Exhibit 107: Chart on Canada - Market size and forecast 2022-2027 ($ billion)
Exhibit 108: Data Table on Canada - Market size and forecast 2022-2027 ($ billion)
Exhibit 109: Chart on Canada - Year-over-year growth 2022-2027 (%)
Exhibit 110: Data Table on Canada - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity by geography
Exhibit 111: Market opportunity by geography ($ billion)
Exhibit 112: Data Tables on Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 113: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 115: Overview on factors of disruption
11.4 Industry risks
Exhibit 116: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 117: Vendors covered
12.2 Market positioning of vendors
Exhibit 118: Matrix on vendor position and classification
12.3 Anglo American Platinum Ltd.
Exhibit 119: Anglo American Platinum Ltd. - Overview
Exhibit 120: Anglo American Platinum Ltd. - Product / Service
Exhibit 121: Anglo American Platinum Ltd. - Key offerings
12.4 Barrick Gold Corp.
Exhibit 122: Barrick Gold Corp. - Overview
Exhibit 123: Barrick Gold Corp. - Product / Service
Exhibit 124: Barrick Gold Corp. - Key offerings
12.5 First Majestic Silver Corp.
Exhibit 125: First Majestic Silver Corp. - Overview
Exhibit 126: First Majestic Silver Corp. - Product / Service
Exhibit 127: First Majestic Silver Corp. - Key offerings
12.6 First Quantum Minerals Ltd.
Exhibit 128: First Quantum Minerals Ltd. - Overview
Exhibit 129: First Quantum Minerals Ltd. - Product / Service
Exhibit 130: First Quantum Minerals Ltd. - Key offerings
12.7 Freeport McMoRan Inc.
Exhibit 131: Freeport McMoRan Inc. - Overview
Exhibit 132: Freeport McMoRan Inc. - Business segments
Exhibit 133: Freeport McMoRan Inc. - Key news
Exhibit 134: Freeport McMoRan Inc. - Key offerings
Exhibit 135: Freeport McMoRan Inc. - Segment focus
12.8 Gabriel Resources Ltd.
Exhibit 136: Gabriel Resources Ltd. - Overview
Exhibit 137: Gabriel Resources Ltd. - Product / Service
Exhibit 138: Gabriel Resources Ltd. - Key offerings
12.9 Glencore Plc
Exhibit 139: Glencore Plc - Overview
Exhibit 140: Glencore Plc - Business segments
Exhibit 141: Glencore Plc - Key offerings
Exhibit 142: Glencore Plc - Segment focus
12.10 Gold Fields Ltd.
Exhibit 143: Gold Fields Ltd. - Overview
Exhibit 144: Gold Fields Ltd. - Product / Service
Exhibit 145: Gold Fields Ltd. - Key offerings
12.11 Harmony Gold Mining Co. Ltd.
Exhibit 146: Harmony Gold Mining Co. Ltd. - Overview
Exhibit 147: Harmony Gold Mining Co. Ltd. - Product / Service
Exhibit 148: Harmony Gold Mining Co. Ltd. - Key offerings
12.12 Impala Platinum Holdings Ltd.
Exhibit 149: Impala Platinum Holdings Ltd. - Overview
Exhibit 150: Impala Platinum Holdings Ltd. - Business segments
Exhibit 151: Impala Platinum Holdings Ltd. - Key offerings
Exhibit 152: Impala Platinum Holdings Ltd. - Segment focus
12.13 Industrias Penoles SAB de CV
Exhibit 153: Industrias Penoles SAB de CV - Overview
Exhibit 154: Industrias Penoles SAB de CV - Business segments
Exhibit 155: Industrias Penoles SAB de CV - Key offerings
Exhibit 156: Industrias Penoles SAB de CV - Segment focus
12.14 Kinross Gold Corporation
Exhibit 157: Kinross Gold Corporation - Overview
Exhibit 158: Kinross Gold Corporation - Product / Service
Exhibit 159: Kinross Gold Corporation - Key offerings
12.15 Newcrest Mining Ltd.
Exhibit 160: Newcrest Mining Ltd. - Overview
Exhibit 161: Newcrest Mining Ltd. - Product / Service
Exhibit 162: Newcrest Mining Ltd. - Key offerings
12.16 Newmont Corp.
Exhibit 163: Newmont Corp. - Overview
Exhibit 164: Newmont Corp. - Business segments
Exhibit 165: Newmont Corp. - Key offerings
Exhibit 166: Newmont Corp. - Segment focus
12.17 Pan American Silver Corp.
Exhibit 167: Pan American Silver Corp. - Overview
Exhibit 168: Pan American Silver Corp. - Product / Service
Exhibit 169: Pan American Silver Corp. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 170: Inclusions checklist
Exhibit 171: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 172: Currency conversion rates for US$
13.4 Research methodology
Exhibit 173: Research methodology
Exhibit 174: Validation techniques employed for market sizing
Exhibit 175: Information sources
13.5 List of abbreviations
Exhibit 176: List of abbreviations