The Global travel insurance market will reach $44.6 billion by 2030, growing by 8.1% annually over 2020-2030 driven by the rising disposable income, increasing business travels and availability of online travel booking platforms and mobile devices, as well as the rising property loss and flight cancelations amid COVID-19 pandemic.
Highlighted with 81 tables and 84 figures, this 158-page report “Global Travel Insurance Market 2020-2030 by Travel Type, Application, Coverage, End-user, Distribution Channel, and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global travel insurance market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain.
The report is based on studies on 2017-2019 and provides estimate and forecast from 2020 till 2030 with 2019 as the base year. (The year 2020 is not appropriate for research base due to the outbreak of COVID-19.)
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
Highlighted with 81 tables and 84 figures, this 158-page report “Global Travel Insurance Market 2020-2030 by Travel Type, Application, Coverage, End-user, Distribution Channel, and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global travel insurance market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain.
The report is based on studies on 2017-2019 and provides estimate and forecast from 2020 till 2030 with 2019 as the base year. (The year 2020 is not appropriate for research base due to the outbreak of COVID-19.)
In-depth qualitative analyses include identification and investigation of the following aspects:
- Market Structure
- Growth Drivers
- Restraints and Challenges
- Emerging Product Trends & Market Opportunities
- Porter’s Fiver Forces
Report Scope
Based on Travel Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each primary section.
- Single-trip Travel Insurance
- Annual Multi-trip Travel Insurance
- Long-stay Travel Insurance
Based on Application, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each primary section.
- Domestic Travel
- International Travel
Based on Coverage, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each primary section.
- Medical Insurance
- Trip Cancellation & Delay Insurance
- Property Loss & Damage Insurance
- Other Coverages
Based on End-user, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each primary section.
- Family Travelers
- Senior Citizens
- Business Travelers
- Education Travelers
- Backpackers
- Other End-users
Based on Distribution Channel, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each primary section.
- Insurance Intermediaries
- Insurance Companies
- Banks
- Insurance Brokers
- Insurance Aggregators
- Other Distribution Channels
Geographically, the following regions together with the listed national/local markets are fully investigated:
- North America (U.S. Canada, and Mexico)
- Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
- APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
- South America (Brazil, Chile, Argentina, Rest of South America)
- MEA (UAE, Saudi Arabia, South Africa)
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Key Players (this may not be a complete list and extra companies can be added upon request):
- Allianz Group
- American Express Company
- American International Group Inc.
- Assicurazioni Generali S.P.A.
- AXA SA
- Berkshire Hathaway Specialty Insurance Company
- Insure & Go Insurance Services Limited
- Seven Corners Inc.
- Travel Insured International
- TravelSafe Insurance
- USI Insurance Services
- Zurich Insurance Co. Limited
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
Frequently Asked Questions about the Global Travel Insurance Market
What is the estimated value of the Global Travel Insurance Market?
What is the growth rate of the Global Travel Insurance Market?
What is the forecasted size of the Global Travel Insurance Market?
Who are the key companies in the Global Travel Insurance Market?
| Report Attribute | Details |
|---|---|
| No. of Pages | 158 |
| Published | August 2021 |
| Forecast Period | 2020 - 2030 |
| Estimated Market Value ( USD
| USD 20.44 Billion |
| Forecasted Market Value ( USD
| USD 44.6 Billion |
| Compound Annual Growth Rate | 8.1% |
| Regions Covered | Global |
Table of Contents
1 Introduction
2 Market Overview and Dynamics
3 Segmentation of Global Market by Travel Type
4 Segmentation of Global Market by Application
5 Segmentation of Global Market by Coverage
6 Segmentation of Global Market by End User
7 Segmentation of Global Market by Distribution Channel
8 Segmentation of Global Market by Region
9 Competitive Landscape
List of Tables:
List of Figures:
Companies Mentioned
A selection of companies mentioned in this report includes:
- Allianz Group
- American Express Company
- American International Group Inc.
- Assicurazioni Generali S.P.A.
- AXA SA
- Berkshire Hathaway Specialty Insurance Company
- Insure & Go Insurance Services Limited
- Seven Corners Inc.
- Travel Insured International
- TravelSafe Insurance
- USI Insurance Services
- Zurich Insurance Co. Limited
Methodology
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