Takaful Market: Global Market Size, Forecast, Insights, and Competitive Landscape
The global takaful market is expected to grow at a CAGR of around 10.2% during 2023-2030. This report on global takaful market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global takaful market by segmenting the market based on product type, distribution channel and region. Also, detailed profiles of companies operating in the takaful market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
Base Year: 2022
Historical Period: 2018-2022
Forecast Period: 2023-2030
Market by Product Type
Market Drivers
- Large Muslim Population in Asia Pacific Region
- Rising Levels of Affluence
- Increasing Awareness Among Non-Muslim Category
- Islamic Inheritance System
- COVID Outbreak
Base Year: 2022
Historical Period: 2018-2022
Forecast Period: 2023-2030
Market by Product Type
- Life/Family Takaful
- General Takaful
- Agents & Brokers
- Banks
- Direct Response
- Others
- Gulf Cooperation Council (GCC)
- Southeast Asia
- Africa
- Rest of the World
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. GLOBAL TAKAFUL MARKET
3.1. Introduction
3.2. Market Drivers
3.3. Market Challenges
4. GLOBAL TAKAFUL MARKET ANALYSIS
4.1. Market Portraiture
4.2. Market Size
4.3. Market Forecast
4.4. Impact of COVID-19
5. GLOBAL TAKAFUL MARKET BY PRODUCT TYPE
5.1. Introduction
5.2. Life/Family Takaful
5.3. General Takaful
6. GLOBAL TAKAFUL MARKET BY DISTRIBUTION CHANNEL
6.1. Introduction
6.2. Agents & Brokers
6.3. Banks
6.4. Direct Response
6.5. Others
7. GLOBAL TAKAFUL MARKET BY REGION
7.1. Introduction
7.2. Gulf Cooperation Council (GCC)
7.3. Southeast Asia
7.4. Africa
7.5. Others
8. SWOT ANALYSIS
9. PORTER’S FIVE FORCES
10. MARKET VALUE CHAIN ANALYSIS
11. COMPETITIVE LANDSCAPE
11.1 Competitive Scenario
11.2 Company Profiles
11.2.1 Islamic Insurance Company
11.2.2 JamaPunji
11.2.3 AMAN
11.2.4 Salama
11.2.5 Standard Chartered
11.2.6 Takaful Brunei Darussalam Sdn Bhd
11.2.7 Allianz
11.2.8 Prudential BSN Takaful Berhad
11.2.9 Zurich Malaysia
11.2.10 Takaful Malaysia
11.2.11 Qatar Islamic Insurance Company
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. GLOBAL TAKAFUL MARKET
3.1. Introduction
3.2. Market Drivers
3.3. Market Challenges
4. GLOBAL TAKAFUL MARKET ANALYSIS
4.1. Market Portraiture
4.2. Market Size
4.3. Market Forecast
4.4. Impact of COVID-19
5. GLOBAL TAKAFUL MARKET BY PRODUCT TYPE
5.1. Introduction
5.2. Life/Family Takaful
5.3. General Takaful
6. GLOBAL TAKAFUL MARKET BY DISTRIBUTION CHANNEL
6.1. Introduction
6.2. Agents & Brokers
6.3. Banks
6.4. Direct Response
6.5. Others
7. GLOBAL TAKAFUL MARKET BY REGION
7.1. Introduction
7.2. Gulf Cooperation Council (GCC)
7.3. Southeast Asia
7.4. Africa
7.5. Others
8. SWOT ANALYSIS
9. PORTER’S FIVE FORCES
10. MARKET VALUE CHAIN ANALYSIS
11. COMPETITIVE LANDSCAPE
11.1 Competitive Scenario
11.2 Company Profiles
11.2.1 Islamic Insurance Company
11.2.2 JamaPunji
11.2.3 AMAN
11.2.4 Salama
11.2.5 Standard Chartered
11.2.6 Takaful Brunei Darussalam Sdn Bhd
11.2.7 Allianz
11.2.8 Prudential BSN Takaful Berhad
11.2.9 Zurich Malaysia
11.2.10 Takaful Malaysia
11.2.11 Qatar Islamic Insurance Company
LIST OF TABLES
Table 1: Global Takaful Market Portraiture
Table 2: Global Takaful Market by Product Type (in US$ Million), 2022 & 2030
Table 3: Global Takaful Market by Distribution Channel (in US$ Million), 2022 & 2030
Table 4: Global Takaful Market by Region (in US$ Million), 2022 & 2030
Table 5: List of Key Players
Table 1: Global Takaful Market Portraiture
Table 2: Global Takaful Market by Product Type (in US$ Million), 2022 & 2030
Table 3: Global Takaful Market by Distribution Channel (in US$ Million), 2022 & 2030
Table 4: Global Takaful Market by Region (in US$ Million), 2022 & 2030
Table 5: List of Key Players
LIST OF FIGURES
Figure 1: Global Takaful Market (in US$ Million), 2018-2022
Figure 2: Global Takaful Market by Product Type, 2022
Figure 3: Global Takaful Market by Distribution Channel, 2022
Figure 4: Global Takaful Market by Region, 2022
Figure 5: Global Takaful Market (in US$ Million), 2023-2030
Figure 6: Global Takaful Market by Product Type (in %), 2022 & 2030
Figure 7: Global Life/Family Takaful Market (in US$ Million), 2018-2022
Figure 8: Global Life/Family Takaful Market (in US$ Million), 2023-2030
Figure 9: Global General Takaful Market (in US$ Million), 2018-2022
Figure 10: Global General Takaful Market (in US$ Million), 2023-2030
Figure 11: Global Takaful Market by Distribution Channel (in %), 2022 & 2030
Figure 12: Global Agents & Brokers Takaful Market (in US$ Million), 2018-2022
Figure 13: Global Agents & Brokers Takaful Market (in US$ Million), 2023-2030
Figure 14: Global Banks Takaful Market (in US$ Million), 2018-2022
Figure 15: Global Banks Takaful Market (in US$ Million), 2023-2030
Figure 16: Global Direct Response Takaful Market (in US$ Million), 2018-2022
Figure 17: Global Other Distribution Channels Takaful Market (in US$ Million), 2018-2022
Figure 18: Global Other Distribution Channels Takaful Market (in US$ Million), 2023-2030
Figure 19: Global Takaful Market by Region (in %), 2022 & 2030
Figure 20: Gulf Cooperation Council (GCC) Takaful Market (in US$ Million), 2018-2022
Figure 21: Gulf Cooperation Council (GCC) Takaful Market (in US$ Million), 2023-2030
Figure 22: Southeast Asia Takaful Market (in US$ Million), 2018-2022
Figure 23: Southeast Asia Takaful Market (in US$ Million), 2023-2030
Figure 24: Africa Takaful Market (in US$ Million), 2018-2022
Figure 25: Africa Takaful Market (in US$ Million), 2023-2030
Figure 26: Rest of the World Takaful Market (in US$ Million), 2018-2022
Figure 27: Rest of the World Takaful Market (in US$ Million), 2023-2030
Figure 28: Market Value Chain
Figure 1: Global Takaful Market (in US$ Million), 2018-2022
Figure 2: Global Takaful Market by Product Type, 2022
Figure 3: Global Takaful Market by Distribution Channel, 2022
Figure 4: Global Takaful Market by Region, 2022
Figure 5: Global Takaful Market (in US$ Million), 2023-2030
Figure 6: Global Takaful Market by Product Type (in %), 2022 & 2030
Figure 7: Global Life/Family Takaful Market (in US$ Million), 2018-2022
Figure 8: Global Life/Family Takaful Market (in US$ Million), 2023-2030
Figure 9: Global General Takaful Market (in US$ Million), 2018-2022
Figure 10: Global General Takaful Market (in US$ Million), 2023-2030
Figure 11: Global Takaful Market by Distribution Channel (in %), 2022 & 2030
Figure 12: Global Agents & Brokers Takaful Market (in US$ Million), 2018-2022
Figure 13: Global Agents & Brokers Takaful Market (in US$ Million), 2023-2030
Figure 14: Global Banks Takaful Market (in US$ Million), 2018-2022
Figure 15: Global Banks Takaful Market (in US$ Million), 2023-2030
Figure 16: Global Direct Response Takaful Market (in US$ Million), 2018-2022
Figure 17: Global Other Distribution Channels Takaful Market (in US$ Million), 2018-2022
Figure 18: Global Other Distribution Channels Takaful Market (in US$ Million), 2023-2030
Figure 19: Global Takaful Market by Region (in %), 2022 & 2030
Figure 20: Gulf Cooperation Council (GCC) Takaful Market (in US$ Million), 2018-2022
Figure 21: Gulf Cooperation Council (GCC) Takaful Market (in US$ Million), 2023-2030
Figure 22: Southeast Asia Takaful Market (in US$ Million), 2018-2022
Figure 23: Southeast Asia Takaful Market (in US$ Million), 2023-2030
Figure 24: Africa Takaful Market (in US$ Million), 2018-2022
Figure 25: Africa Takaful Market (in US$ Million), 2023-2030
Figure 26: Rest of the World Takaful Market (in US$ Million), 2018-2022
Figure 27: Rest of the World Takaful Market (in US$ Million), 2023-2030
Figure 28: Market Value Chain