Global Travel Insurance Market size was valued at USD 18.50 Bn. in 2021 and the total Travel Insurance revenue is expected to grow by 16 % from 2022 to 2029, reaching nearly USD 21 Bn.
Travel Insurance Market Overview :
Maximize Market Research looks deep into the Travel Insurance Market, concentrating on each segment while considering global and regional trends. To create a balanced Travel Insurance market environment, is thoroughly addressed the drivers and main barriers. The Travel Insurance market is divided into various categories, such as products, applications, vendors, and geographies, in order to provide readers with a comprehensive view of the industry. The research also includes industry statistics that illustrate the Travel Insurance market’s long-term prospects.
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Travel Insurance Market Scope :
The report provides current Travel Insurance market trends and future insights in terms of demand, supply, and sales, as well as recent changes. The Travel Insurance market report focuses on the key drivers and restraints for key players, as well as the current competitive landscape and development prospects. The Travel Insurance market report provides the most up-to-date market statistics, as well as future developments, size, and emerging trends, allowing you to identify the products and end users that are driving revenue growth and profitability. Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price, and Gross Margin & Sales by Product are all included in this global Travel Insurance market research report. The research offers market size, growth rate, and country-level data, as well as demand and supply aspects that influence worldwide Travel Insurance market growth in different nations.
Segmentation :
Based on insurance coverage, the market is segmented into three groups: long-stay travel insurance, annual multi-trip travel insurance, and single-trip travel insurance. With a market share of 60.1%, the single-trip travel insurance sector now dominates the industry and is projected to expand at the quickest CAGR of 16.0% over the next five years.
- Global Travel Insurance Market: Research Methodology
- Global Travel Insurance Market: Executive Summary
- Market Overview and Definitions
- Introduction to Global Travel Insurance Market
- Summary
- Key Findings
- Recommendations for Investors
- Recommendations for Market Leaders
- Recommendations for New Market Entry
- Global Travel Insurance Market: Competitive Analysis
- MMR Competition Matrix
- Market Structure by region
- Competitive Benchmarking of Key Players
- Consolidation in the Market
- M&A by region
- Key Developments by Companies
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- Market Dynamics
- PORTERS Five Forces Analysis
- PESTLE
- Regulatory Landscape by region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- COVID-19 Impact
- Global Travel Insurance Market Segmentation
- Global Travel Insurance Market, by Insurance Coverage (2021-2029)
- Global Travel Insurance Market, by Distribution Channel (2021-2029)
- Global Travel Insurance Market, by End-Users (2021-2029)
- Regional Travel Insurance Market(2021-2029)
- Regional Travel Insurance Market, by Insurance Coverage (2021-2029)
- Regional Travel Insurance Market, by Distribution Channel (2021-2029)
- Regional Travel Insurance Market, by End-Users (2021-2029)
- Regional Travel Insurance Market, by Country (2021-2029)
- Company Profile: Key players
- Company Overview
- Financial Overview
- Global Presence
- Capacity Portfolio
- Business Strategy
- Recent Developments
Key Players :
- • American International Group, Inc.
• ASSICURAZIONI GENERALI S.P.A.
• USI Insurance Services, LLC
• battleface
• Insure & Go Insurance Services Limited
• Seven Corners Inc.
• Travel Insured International
• Zurich
• Delphi Financial Group, Inc.
• Ping An Insurance (Group) Company of China, Ltd.
• Allianz Group
• Munchener-Ruck-Gruppe
• Talanx Konzern
• R+V Konzern
• Generali Deutschland AG
• AXA Konzern AG
• Bayern
• Huk-Coburg
• Signal Iduna
• Travelex Insurance Services Inc.
• Berkshire Hathaway Travel Protection
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Regional Analysis
The global Travel Insurance market is divided into five regions: Europe, North America, Asia-Pacific, the Middle East and Africa, and Latin America. The Global Travel Insurance Market report offers a detailed analysis of the market’s major geographies, as well as notable segments and sub-segments. The present state of regional development in terms of market size, share, and volume is discussed in the study. The global Travel Insurance market study includes data on numbers, regions, and revenues, as well as an in-depth examination of business chain structure, opportunities, and industry news.
Key Questions answered in the Travel Insurance Market Report are:
- What is Travel Insurance Market?
- What is the forecast period of the Travel Insurance Market?
- What is the competitive scenario of the Travel Insurance market?
- Which region held the largest market share in the Travel Insurance Market?
- What are the opportunities for the Travel Insurance Market?
- What factors are affecting the Travel Insurance market growth?
- Who are the key players of the Travel Insurance market?
- Which company held the largest share in the Travel Insurance market?
- What will be the CAGR of the Travel Insurance market during the forecast period?
- What key trends are likely to emerge in the Travel Insurance market in the coming years?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Travel Insurance
- Landscape- Leading key players and other prominent key players.
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