Business Technology

Growth of Travel Insurance market in global industry: overview, size and share 2019-2024

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Marketresearchnest reports add “Global Travel Insurance Market Growth (Status and Outlook) 2019-2024” new report to its research database. The report spread across 134 pages with multiple tables and figures in it.

Travel insurance is only a very small part of the overall general insurance market, it covers is available for single trip, annual multi-trip and long stay trips. and the detail are mainly medical expenses, trip cancellation, lost luggage, flight accident and other losses incurred while traveling, either internationally or within one’s own country.

This report studies the Travel Insurance Market with many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key market drivers. Find the complete Travel Insurance market analysis segmented by companies, region, type and applications in the report.

Scope of Travel Insurance: Travel Insurance Market report evaluates the growth rate and the market value based on market dynamics, growth inducing factors. The complete knowledge is based on latest industry news, opportunities, and trends. The report contains a comprehensive market analysis and vendor landscape in addition to a swot analysis of the key vendors.

Among different applications, in 2022, family traveler will take the largest part, accout for 45.59%

Europe, Asia-Pacific and North America are the three regions that shares most percentage.

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According to this study, over the next five years the Travel Insurance market will register a 7.1% CAGR in terms of revenue, the global market size will reach US$ 20900 million by 2024, from US$ 13800 million in 2019. In particular, this report presents the global revenue market share of key companies in Travel Insurance business, shared in Chapter 3.

This report presents a comprehensive overview, market shares and growth opportunities of Travel Insurance market by product type, application, key companies and key regions.

This study considers the Travel Insurance value generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2013 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

  • Single Trip
  • Annual Multi-trip

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.

  • Family Traveler
  • Senior Citizens
  • Business Traveler
  • Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

Americas, United States, Canada, Mexico, Brazil, APAC, China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK, Italy, Russia, Spain, Middle East and Africa, Egypt, South Africa, Israel, Turkey, GCC Countries.

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: The key manufacturers covered in this report: Breakdown data in in Chapter 3.

  • Allianz
  • AIG
  • Munich RE
  • Generali
  • Tokio Marine
  • Sompo Japan
  • CSA Travel Protection
  • AXA
  • Pingan Baoxian
  • Mapfre Asistencia
  • USI Affinity
  • Seven Corners
  • Hanse Merkur
  • MH Ross

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Browse full table of contents and data tables at

https://www.marketresearchnest.com/Global-Travel-Insurance-Market-Growth-Status-and-Outlook-2019-2024.html

Highlights of the Global Travel Insurance report:

  1. A complete backdrop analysis, which includes an assessment of the Travel Insurance market
  2. An objective assessment of the trajectory of the market
  3. Market segmentation up to the second or third level
  4. Reporting and evaluation of recent industry developments
  5. Important changes in market dynamics
  6. Emerging niche segments and regional markets
  7. Historical, current, and projected size of the market from the standpoint of both value and volume
  8. Market shares and strategies of key players
  9. Recommendations to companies for strengthening their foothold in the market

Research objectives

  • To study and analyze the global Travel Insurance market size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2024.
  • To understand the structure of Travel Insurance market by identifying its various subsegments.
  • Focuses on the key global Travel Insurance players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
  • To analyze the Travel Insurance with respect to individual growth trends, future prospects, and their contribution to the total market.
  • To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
  • To project the size of Travel Insurance submarkets, with respect to key regions (along with their respective key countries).
  • To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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