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Takaful Insurance Market

Takaful Insurance Market

Takaful Insurance Market - Global Industry Assessment & Forecast

Number Of Pages # Pages:

143

Base Year:

2022

Date

Jun - 2022

Format:

PDF XLS PPT

Report Code:

VMR-1687

Segments Covered
  • By Distribution Channel By Distribution Channel Agents & Brokers, Banks, Direct Response, Other Channels
  • By Type By Type Family Takaful, General Takaful
  • By Application By Application Personal, Commercial
  • By Region By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base YearBase Year: 2022
Forecast YearsForecast Years: 2023 - 2030
Historical YearsHistorical Years: 2017 - 2021
Revenue 2022Revenue 2022: USD 28.50 Billion
Revenue 2030Revenue 2030: USD 81.30 Billion
Revenue CAGRRevenue CAGR (2023 - 2030): 14.00%
Fastest Growing Region Fastest Growing Region (2023 - 2030) Asia Pacific
Largest Region Largest Region (2022): Asia Pacific
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost) Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries) Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report Country/Region-specific Report
  • Go To Market Strategy Go To Market Strategy
  • Region Specific Market Dynamics Region Specific Market Dynamics
  • Region Level Market Share Region Level Market Share
  • Import Export Analysis Import Export Analysis
  • Production Analysis Production Analysis
  • Other Others Request Customization Speak To Analyst
  1. Executive Dashboard
    1. Strategic Imperatives
  2. Premium Insights
    1. Top 3 Trends to Watch
    2. Demand and Supply Trends
    3. Top 3 Strategies Followed by Major Players
    4. Top 3 Predictions by Vantage Market Research
    5. Top Investment Pockets
    6. Insights from Primary Respondents
  3. Global Takaful Insurance Market - Segment Analysis
    1. Overview
    2. Global Takaful Insurance Market, 2016 - 2028 (USD Million)
    3. Global Takaful Insurance Market - by Distribution Channel
      1. By Agents & Brokers
      2. By Banks
      3. By Direct Response
      4. By Other Channels
    4. Global Takaful Insurance Market - by Type
      1. By Family Takaful
      2. By General Takaful
    5. Global Takaful Insurance Market - by Application
      1. By Personal
      2. By Commercial
    6. Global Takaful Insurance Market - by region
      1. North America
      2. Europe
      3. Asia Pacific
      4. Latin America
      5. Middle East & Africa
    7. Market comparative analysis
  4. North America Takaful Insurance Market - Segment Analysis
    1. Overview
    2. North America Takaful Insurance Market, 2016 - 2028 (USD Million)
    3. North America Takaful Insurance Market, by Distribution Channel
      1. By Agents & Brokers
      2. By Banks
      3. By Direct Response
      4. By Other Channels
    4. North America Takaful Insurance Market, by Type
      1. By Family Takaful
      2. By General Takaful
    5. North America Takaful Insurance Market, by Application
      1. By Personal
      2. By Commercial
    6. North America Takaful Insurance Market, by Country
      1. U.S.
        1. U.S. Takaful Insurance Market, By Distribution Channel
          1. By Agents & Brokers
          2. By Banks
          3. By Direct Response
          4. By Other Channels
        2. U.S. Takaful Insurance Market, By Type
          1. By Family Takaful
          2. By General Takaful
        3. U.S. Takaful Insurance Market, By Application
          1. By Personal
          2. By Commercial
      2. Canada
        1. Canada Takaful Insurance Market, By Distribution Channel
          1. By Agents & Brokers
          2. By Banks
          3. By Direct Response
          4. By Other Channels
        2. Canada Takaful Insurance Market, By Type
          1. By Family Takaful
          2. By General Takaful
        3. Canada Takaful Insurance Market, By Application
          1. By Personal
          2. By Commercial
      3. Mexico
        1. Mexico Takaful Insurance Market, By Distribution Channel
          1. By Agents & Brokers
          2. By Banks
          3. By Direct Response
          4. By Other Channels
        2. Mexico Takaful Insurance Market, By Type
          1. By Family Takaful
          2. By General Takaful
        3. Mexico Takaful Insurance Market, By Application
          1. By Personal
          2. By Commercial
  5. Europe Takaful Insurance Market - Segment Analysis
    1. Overview
    2. Europe Takaful Insurance Market, 2016 - 2028 (USD Million)
    3. Europe Takaful Insurance Market, by Distribution Channel
      1. By Agents & Brokers
      2. By Banks
      3. By Direct Response
      4. By Other Channels
    4. Europe Takaful Insurance Market, by Type
      1. By Family Takaful
      2. By General Takaful
    5. Europe Takaful Insurance Market, by Application
      1. By Personal
      2. By Commercial
    6. Europe Takaful Insurance Market, by Country
      1. Germany
        1. Germany Takaful Insurance Market, By Distribution Channel
          1. By Agents & Brokers
          2. By Banks
          3. By Direct Response
          4. By Other Channels
        2. Germany Takaful Insurance Market, By Type
          1. By Family Takaful
          2. By General Takaful
        3. Germany Takaful Insurance Market, By Application
          1. By Personal
          2. By Commercial
      2. UK
        1. UK Market, By Distribution Channel
          1. By Agents & Brokers
          2. By Banks
          3. By Direct Response
          4. By Other Channels
        2. UK Market, By Type
          1. By Family Takaful
          2. By General Takaful
        3. UK Market, By Application
          1. By Personal
          2. By Commercial
      3. France
        1. France Takaful Insurance Market, By Distribution Channel
          1. By Agents & Brokers
          2. By Banks
          3. By Direct Response
          4. By Other Channels
        2. France Takaful Insurance Market, By Type
          1. By Family Takaful
          2. By General Takaful
        3. France Takaful Insurance Market, By Application
          1. By Personal
          2. By Commercial
      4. Spain
        1. Spain Takaful Insurance Market, By Distribution Channel
          1. By Agents & Brokers
          2. By Banks
          3. By Direct Response
          4. By Other Channels
        2. Spain Takaful Insurance Market, By Type
          1. By Family Takaful
          2. By General Takaful
        3. Spain Takaful Insurance Market, By Application
          1. By Personal
          2. By Commercial
      5. Italy
        1. Italy Takaful Insurance Market, By Distribution Channel
          1. By Agents & Brokers
          2. By Banks
          3. By Direct Response
          4. By Other Channels
        2. Italy Takaful Insurance Market, By Type
          1. By Family Takaful
          2. By General Takaful
        3. Italy Takaful Insurance Market, By Application
          1. By Personal
          2. By Commercial
      6. BENELUX
        1. BENELUX Takaful Insurance Market, By Distribution Channel
          1. By Agents & Brokers
          2. By Banks
          3. By Direct Response
          4. By Other Channels
        2. BENELUX Takaful Insurance Market, By Type
          1. By Family Takaful
          2. By General Takaful
        3. BENELUX Takaful Insurance Market, By Application
          1. By Personal
          2. By Commercial
      7. Rest of Europe
        1. Rest Of Europe Takaful Insurance Market, By Distribution Channel
          1. By Agents & Brokers
          2. By Banks
          3. By Direct Response
          4. By Other Channels
        2. Rest Of Europe Takaful Insurance Market, By Type
          1. By Family Takaful
          2. By General Takaful
        3. Rest Of Europe Takaful Insurance Market, By Application
          1. By Personal
          2. By Commercial
  6. Asia Pacific Takaful Insurance Market - Segment Analysis
    1. Overview
    2. Asia Pacific Takaful Insurance Market, 2016 - 2028 (USD Million)
    3. Asia Pacific Takaful Insurance Market, by Distribution Channel
      1. By Agents & Brokers
      2. By Banks
      3. By Direct Response
      4. By Other Channels
    4. Asia Pacific Takaful Insurance Market, by Type
      1. By Family Takaful
      2. By General Takaful
    5. Asia Pacific Takaful Insurance Market, by Application
      1. By Personal
      2. By Commercial
    6. Asia Pacific Takaful Insurance Market, by Country
      1. China
        1. China Takaful Insurance Market, By Distribution Channel
          1. By Agents & Brokers
          2. By Banks
          3. By Direct Response
          4. By Other Channels
        2. China Takaful Insurance Market, By Type
          1. By Family Takaful
          2. By General Takaful
        3. China Takaful Insurance Market, By Application
          1. By Personal
          2. By Commercial
      2. Japan
        1. Japan Takaful Insurance Market, By Distribution Channel
          1. By Agents & Brokers
          2. By Banks
          3. By Direct Response
          4. By Other Channels
        2. Japan Takaful Insurance Market, By Type
          1. By Family Takaful
          2. By General Takaful
        3. Japan Takaful Insurance Market, By Application
          1. By Personal
          2. By Commercial
      3. India
        1. India Takaful Insurance Market, By Distribution Channel
          1. By Agents & Brokers
          2. By Banks
          3. By Direct Response
          4. By Other Channels
        2. India Takaful Insurance Market, By Type
          1. By Family Takaful
          2. By General Takaful
        3. India Takaful Insurance Market, By Application
          1. By Personal
          2. By Commercial
      4. South Korea
        1. South Korea Takaful Insurance Market, By Distribution Channel
          1. By Agents & Brokers
          2. By Banks
          3. By Direct Response
          4. By Other Channels
        2. South Korea Takaful Insurance Market, By Type
          1. By Family Takaful
          2. By General Takaful
        3. South Korea Takaful Insurance Market, By Application
          1. By Personal
          2. By Commercial
      5. South East Asia
        1. South East Asia Takaful Insurance Market, By Distribution Channel
          1. By Agents & Brokers
          2. By Banks
          3. By Direct Response
          4. By Other Channels
        2. South East Asia Takaful Insurance Market, By Type
          1. By Family Takaful
          2. By General Takaful
        3. South East Asia Takaful Insurance Market, By Application
          1. By Personal
          2. By Commercial
      6. Rest of Asia Pacific
        1. Rest of Asia Pacific Takaful Insurance Market, By Distribution Channel
          1. By Agents & Brokers
          2. By Banks
          3. By Direct Response
          4. By Other Channels
        2. Rest of Asia Pacific Takaful Insurance Market, By Type
          1. By Family Takaful
          2. By General Takaful
        3. Rest of Asia Pacific Takaful Insurance Market, By Application
          1. By Personal
          2. By Commercial
  7. Latin America Takaful Insurance Market - Segment Analysis
    1. Overview
    2. Latin America Takaful Insurance Market, 2016 - 2028 (USD Million)
    3. Latin America Takaful Insurance Market, by Distribution Channel
      1. By Agents & Brokers
      2. By Banks
      3. By Direct Response
      4. By Other Channels
    4. Latin America Takaful Insurance Market, by Type
      1. By Family Takaful
      2. By General Takaful
    5. Latin America Takaful Insurance Market, by Application
      1. By Personal
      2. By Commercial
    6. Latin America Takaful Insurance Market, by Country
      1. Brazil
        1. Brazil Takaful Insurance Market, By Distribution Channel
          1. By Agents & Brokers
          2. By Banks
          3. By Direct Response
          4. By Other Channels
        2. Brazil Takaful Insurance Market, By Type
          1. By Family Takaful
          2. By General Takaful
        3. Brazil Takaful Insurance Market, By Application
          1. By Personal
          2. By Commercial
      2. Argentina
        1. Argentina Takaful Insurance Market, By Distribution Channel
          1. By Agents & Brokers
          2. By Banks
          3. By Direct Response
          4. By Other Channels
        2. Argentina Takaful Insurance Market, By Type
          1. By Family Takaful
          2. By General Takaful
        3. Argentina Takaful Insurance Market, By Application
          1. By Personal
          2. By Commercial
      3. Rest of Latin America
        1. Rest of Latin America Takaful Insurance Market, By Distribution Channel
          1. By Agents & Brokers
          2. By Banks
          3. By Direct Response
          4. By Other Channels
        2. Rest of Latin America Takaful Insurance Market, By Type
          1. By Family Takaful
          2. By General Takaful
        3. Rest of Latin America Takaful Insurance Market, By Application
          1. By Personal
          2. By Commercial
  8. Middle East & Africa Takaful Insurance Market - Segment Analysis
    1. Overview
    2. Middle East & Africa Takaful Insurance Market, 2016 - 2028 (USD Million)
    3. Middle East & Africa Takaful Insurance Market, by Distribution Channel
      1. By Agents & Brokers
      2. By Banks
      3. By Direct Response
      4. By Other Channels
    4. Middle East & Africa Takaful Insurance Market, by Type
      1. By Family Takaful
      2. By General Takaful
    5. Middle East & Africa Takaful Insurance Market, by Application
      1. By Personal
      2. By Commercial
    6. Middle East & Africa Takaful Insurance Market, by Country
      1. GCC Countries
        1. GCC Countries Takaful Insurance Market, By Distribution Channel
          1. By Agents & Brokers
          2. By Banks
          3. By Direct Response
          4. By Other Channels
        2. GCC Countries Takaful Insurance Market, By Type
          1. By Family Takaful
          2. By General Takaful
        3. GCC Countries Takaful Insurance Market, By Application
          1. By Personal
          2. By Commercial
      2. South Africa
        1. South Africa Takaful Insurance Market, By Distribution Channel
          1. By Agents & Brokers
          2. By Banks
          3. By Direct Response
          4. By Other Channels
        2. South Africa Takaful Insurance Market, By Type
          1. By Family Takaful
          2. By General Takaful
        3. South Africa Takaful Insurance Market, By Application
          1. By Personal
          2. By Commercial
      3. Rest of Middle East & Africa
        1. Rest of Middle East & Africa Takaful Insurance Market, By Distribution Channel
          1. By Agents & Brokers
          2. By Banks
          3. By Direct Response
          4. By Other Channels
        2. Rest of Middle East & Africa Takaful Insurance Market, By Type
          1. By Family Takaful
          2. By General Takaful
        3. Rest of Middle East & Africa Takaful Insurance Market, By Application
          1. By Personal
          2. By Commercial
  9. Key Market Dynamics
    1. Introduction
    2. Market Drivers
    3. Market Restraints
    4. Market Opportunities
    5. Porter's Five Forces Analysis
    6. PEST Analysis
    7. Regulatory Landscape
    8. Technology Landscape
    9. Regional Market Trends
  10. COVID 19 Impact Analysis
    1. Key strategies undertaken by companies to tackle COVID-19
    2. Short term dynamics
    3. Long term dynamics
  11. Marketing Stratagy Analysis
    1. Marketing Channel
    2. Direct Marketing
    3. Indirect Marketing
    4. Marketing Channel Development Trends
  12. Competative Landscape
    1. Competition Matrix - 2021
    2. Company Market Share Analysis - 2021
    3. Key Company Activities, 2018 - 2021
    4. Strategic Developments - Heat Map Analysis
    5. Company Offering Evaluation
    6. Company Regional Presence Evaluation
  13. Company Profiles
    1. Abu Dhabi National Takaful Co.
    2. Allianz
    3. AMAN Insurance
    4. Islamic Insurance
    5. Prudential BSN Takaful Berhad
    6. Qatar Islamic Insurance
    7. SALAMA Islamic Arab Insurance Company
    8. Syarikat Takaful Brunei Darussalam
    9. Takaful International
    10. Zurich Malaysia
  14. Key Primary Respondents - VERBATIM
  15. Discussion Guide
  16. Customization Offered
  17. Annexure
  18. List of Figures
  19. List of Tables
  20. List of Abbreviations
FAQ
Frequently Asked Question
  • The global Takaful Insurance valued at USD 28.50 Billion in 2022 and is expected to reach USD 81.30 Billion in 2030 growing at a CAGR of 14.00%.

  • The prominent players in the market are Abu Dhabi National Takaful Co., Allianz, AMAN Insurance, Islamic Insurance, Prudential BSN Takaful Berhad, Qatar Islamic Insurance, SALAMA Islamic Arab Insurance Company, Syarikat Takaful Brunei Darussalam, Takaful International, Zurich Malaysia.

  • The market is project to grow at a CAGR of 14.00% between 2023 and 2030.

  • The driving factors of the Takaful Insurance include

    • Growth in demand of takaful insurance across Muslim majority countries

  • Asia Pacific was the leading regional segment of the Takaful Insurance in 2022.