Edison, NJ -- (SBWire) -- 05/27/2021 --Advance Market Analytics published a new research publication on "Art Insurance Market Insights, to 2026" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Art Insurance market was mainly driven by the increasing R&D spending across the world.
Some of the key players profiled in the study are:
Axa S.A. (France), Chubb Limited (United States), Allianz SE (Germany), American International Group, Inc. (United States), Ping An Insurance (China), China Pacific Insurance Company (China), TATA AIG (India), Progressive Corporation (United State), The Travelers Companies, Inc. (United States), HDFC ERGO General Insurance Company (India).
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Scope of the Report of Art Insurance
The art insurance policy provides compensation to the policyholder comprehensive protection to valuables like paintings, sculptures and other collectibles from uncertainties, physical damage due to theft, accident, etc. It provides protection for physical loss or damage to these valuable art items. Under the art insurance, anyone who owns antique furniture, fine art, musical instruments, statues and sculptures can take this insurance cover to protect the important collectibles against unforeseen damage and loss.
The titled segments and sub-section of the market are illuminated below:
by Type (Property Insurance, Title Insurance), Application (Private, Commercial), Art Type (Fine Art, Visual Art, Decorative Art), Coverage (Physical Damage, Loss Due to Theft, Accidents, Natural Perils to Artwork, Others), Providers (Private Providers, Public Providers)
The Art Insurance Market report provides a basic overview of the industry including its definition, geography segment, end use/application segment and competitor segment and manufacturing technology. Then, the report explores the international major industry players in detail.
Market Trends:
Increased Number of Online Customers
Opportunities:
Growing Demand from End-users
Increased Penetration of the Internet
Market Drivers:
Increased Disposable Income of the People
Promotional Activities by Insurance Players
Challenges:
High Cost Associated with Insurance
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
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Strategic Points Covered in Table of Content of Global Art Insurance Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Art Insurance market
Chapter 2: Exclusive Summary – the basic information of the Art Insurance Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Art Insurance
Chapter 4: Presenting the Art Insurance Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Art Insurance market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2021-2026)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
finally, Art Insurance Market is a valuable source of guidance for individuals and companies.
Research Methodology:
- The top-down and bottom-up approaches are used to estimate and validate the size of the global Art Insurance
- In order to reach an exhaustive list of functional and relevant players who offer Art Insurance various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies.
- Thereafter, a thorough validation test is conducted to reach most relevant players specifically having product line i.e. Art Insurance.
- In order to make priority list sorting is done based on revenue generation as per latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
- Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment. This helps us to gather the data for the players' revenue, profit, products, growth etc.
- Almost 80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, Annual reports, press releases etc.
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Art Insurance – Market Boosting the Growth Worldwide: Chubb, Allianz, Progressive