Pro
Healthcare & Pharma
Africa Corporate Wellness Market, by End User, 2018-2027
| Label | USD Billion |
|---|---|
| 2018 | 0.04187870599866809 USD Billion |
| 2019 | 0.042881288919270386 USD Billion |
| 2020 | 0.04417500440476879 USD Billion |
| 2021 | 0.04461901883047715 USD Billion |
| 2022 | 0.044482613351920705 USD Billion |
| 2023 | 0.04490830787686643 USD Billion |
| 2024 | 0.0456538935628072 USD Billion |
| 2025 | 0.046648160934556586 USD Billion |
| 2026 | 0.047963262357115066 USD Billion |
| 2027 | 0.05019531703852639 USD Billion |
| 2028 | 0.053028079985792176 USD Billion |
| 2029 | 0.05634552002748226 USD Billion |
| 2030 | 0.06021562693804993 USD Billion |
| 2031 | 0.0647203825407147 USD Billion |
| 2032 | 0.06995854660327012 USD Billion |
Data Source: Wantstats Repository
Market Dynamics
The GCC Platinum Market Outlook (2018 to 2032) paints a positive picture for the region. In the next 14 years, the increasing demand for the metal and its rising prices will create strong investment opportunities in the region. The newly minted contracts of the Dubai Mercantile Exchange (DME), along with the U.S. and UK-based exchanges for the physical platinum market, will continue to propel the platinum industry in the region forward. The demand for platinum in the GCC is rising. This is due to the increasing demand of luxury and jewelry items made from platinum, as well as its importance in various industrial activities. Platinum’s inherent characteristics, such as its resistance to corrosion, its malleability and its ability to form strong alloys, make it the ideal metal for many applications. With its white color, it also makes luxurious jewelry pieces and is often referred to as the “king of metals”. The regional prospects are further supported by a number of ongoing projects within the GCC region, ranging from medical, to auto and aerospace, to energy. All of these industries use platinum as a key component, ensuring a continued demand in the coming years.
In terms of pricing, the situation is positive as well. With increasing demand, platinum supplies have been shrinking, while global industrial demand for the metal is also on the rise. Inflation, along with global economic reforms in the region, are further anticipated to support prices throughout the outlook period. So far, regional analysts have highlighted that the outlook for platinum investment is positive. With its two-pronged retail and industrial use, prices are expected to continue to rise over the next 14 years. As a result, potential investors should look carefully at the opportunities presented by the GCC platinum market.
Research Methodology
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.
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Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau
Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.