List of Figures:
Figure 1. Research Method Flow Chart 12
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 15
Figure 3. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2030 17
Figure 4. Global Travel Insurance Market, 2019-2030, $ mn 20
Figure 5. Impact of COVID-19 on Business 23
Figure 6. Primary Drivers and Impact Factors of Global Travel Insurance Market 25
Figure 7. GDP per capita in the World, 1960-2018, $ thousand 28
Figure 8. Forecast of World Middle-class Population by Region, 2015-2030, million 28
Figure 9. Primary Restraints and Impact Factors of Global Travel Insurance Market 29
Figure 10. Investment Opportunity Analysis 33
Figure 11. Porter’s Fiver Forces Analysis of Global Travel Insurance Market 36
Figure 12. Breakdown of Global Travel Insurance Market by Travel Type, 2019-2030, % of Revenue 41
Figure 13. Global Addressable Market Cap in 2021-2030 by Travel Type, Value ($ mn) and Share (%) 41
Figure 14. Global Travel Insurance Market: Single-trip Travel Insurance, 2019-2030, $ mn 42
Figure 15. Global Travel Insurance Market: Annual Multi-trip Travel Insurance, 2019-2030, $ mn 43
Figure 16. Global Travel Insurance Market: Long-stay Travel Insurance, 2019-2030, $ mn 44
Figure 17. Breakdown of Global Travel Insurance Market by Application, 2019-2030, % of Sales Revenue 46
Figure 18. Global Addressable Market Cap in 2021-2030 by Application, Value ($ mn) and Share (%) 46
Figure 19. Global Travel Insurance Market: Domestic Travel, 2019-2030, $ mn 47
Figure 20. Global Travel Insurance Market: International Travel, 2019-2030, $ mn 48
Figure 21. Breakdown of Global Travel Insurance Market by Coverage, 2019-2030, % of Sales Revenue 50
Figure 22. Global Addressable Market Cap in 2021-2030 by Coverage, Value ($ mn) and Share (%) 50
Figure 23. Global Travel Insurance Market: Medical Insurance, 2019-2030, $ mn 51
Figure 24. Global Travel Insurance Market: Trip Cancellation & Delay Insurance, 2019-2030, $ mn 52
Figure 25. Global Travel Insurance Market: Property Loss & Damage Insurance, 2019-2030, $ mn 53
Figure 26. Global Travel Insurance Market: Other Coverages, 2019-2030, $ mn 54
Figure 27. Breakdown of Global Travel Insurance Market by End User, 2019-2030, % of Revenue 56
Figure 28. Global Addressable Market Cap in 2021-2030 by End User, Value ($ mn) and Share (%) 56
Figure 29. Global Travel Insurance Market: Family Travelers, 2019-2030, $ mn 57
Figure 30. Global Travel Insurance Market: Senior Citizens, 2019-2030, $ mn 58
Figure 31. Global Travel Insurance Market: Business Travelers, 2019-2030, $ mn 59
Figure 32. Global Travel Insurance Market: Education Travelers, 2019-2030, $ mn 60
Figure 33. Global Travel Insurance Market: Backpackers, 2019-2030, $ mn 61
Figure 34. Global Travel Insurance Market: Other End Users, 2019-2030, $ mn 62
Figure 35. Breakdown of Global Travel Insurance Market by Distribution Channel, 2019-2030, % of Revenue 64
Figure 36. Global Addressable Market Cap in 2021-2030 by Distribution Channel, Value ($ mn) and Share (%) 64
Figure 37. Global Travel Insurance Market: Insurance Intermediaries, 2019-2030, $ mn 65
Figure 38. Global Travel Insurance Market: Insurance Companies, 2019-2030, $ mn 66
Figure 39. Global Travel Insurance Market: Banks, 2019-2030, $ mn 67
Figure 40. Global Travel Insurance Market: Insurance Brokers, 2019-2030, $ mn 68
Figure 41. Global Travel Insurance Market: Insurance Aggregators, 2019-2030, $ mn 69
Figure 42. Global Travel Insurance Market: Other Distribution Channels, 2019-2030, $ mn 70
Figure 43. Global Market Snapshot by Region 71
Figure 44. Geographic Spread of Worldwide Travel Insurance Market, 2019-2030, % of Sales Revenue 72
Figure 45. Global Addressable Market Cap in 2021-2030 by Region, Value ($ mn) and Share (%) 73
Figure 46. North American Travel Insurance Market, 2019-2030, $ mn 76
Figure 47. Breakdown of North America Travel Insurance Market by Country, 2019 and 2030, % of Revenue 77
Figure 48. Contribution to North America 2021-2030 Cumulative Market by Country, Value ($ mn) and Share (%) 78
Figure 49. U.S. Travel Insurance Market, 2019-2030, $ mn 80
Figure 50. Canada Travel Insurance Market, 2019-2030, $ mn 82
Figure 51. Travel Insurance Market in Mexico, 2015-2030F, $ mn 84
Figure 52. European Travel Insurance Market, 2019-2030, $ mn 87
Figure 53. Breakdown of European Travel Insurance Market by Country, 2019 and 2030, % of Revenue 88
Figure 54. Contribution to Europe 2021-2030 Cumulative Market by Country, Value ($ mn) and Share (%) 89
Figure 55. Travel Insurance Market in Germany, 2019-2030, $ mn 90
Figure 56. Travel Insurance Market in U.K., 2019-2030, $ mn 92
Figure 57. Travel Insurance Market in France, 2019-2030, $ mn 94
Figure 58. Travel Insurance Market in Spain, 2019-2030, $ mn 96
Figure 59. Travel Insurance Market in Italy, 2019-2030, $ mn 98
Figure 60. Travel Insurance Market in Russia, 2019-2030, $ mn 100
Figure 61. Travel Insurance Market in Rest of Europe, 2019-2030, $ mn 102
Figure 62. Asia-Pacific Travel Insurance Market, 2019-2030, $ mn 105
Figure 63. Breakdown of APAC Travel Insurance Market by Country, 2019 and 2030, % of Revenue 105
Figure 64. Contribution to APAC 2021-2030 Cumulative Market by Country, Value ($ mn) and Share (%) 107
Figure 65. Travel Insurance Market in Japan, 2019-2030, $ mn 109
Figure 66. Travel Insurance Market in China, 2019-2030, $ mn 111
Figure 67. Travel Insurance Market in Australia, 2019-2030, $ mn 113
Figure 68. Travel Insurance Market in India, 2019-2030, $ mn 115
Figure 69. Travel Insurance Market in South Korea, 2019-2030, $ mn 117
Figure 70. Travel Insurance Market in Rest of APAC, 2019-2030, $ mn 119
Figure 71. South America Travel Insurance Market, 2019-2030, $ mn 122
Figure 72. Breakdown of South America Travel Insurance Market by Country, 2019 and 2030, % of Revenue 122
Figure 73. Contribution to South America 2021-2030 Cumulative Market by Country, Value ($ mn) and Share (%) 123
Figure 74. Travel Insurance Market in Argentina, 2019-2030, $ mn 124
Figure 75. Travel Insurance Market in Brazil, 2019-2030, $ mn 126
Figure 76. Travel Insurance Market in Chile, 2019-2030, $ mn 128
Figure 77. Travel Insurance Market in Rest of South America, 2019-2030, $ mn 130
Figure 78. Travel Insurance Market in Middle East and Africa (MEA), 2019-2030, $ mn 132
Figure 79. Breakdown of MEA Travel Insurance Market by Country, 2019 and 2030, % of Revenue 132
Figure 80. Contribution to MEA 2021-2030 Cumulative Market by Country, Value ($ mn) and Share (%) 133
Figure 81. Travel Insurance Market in UAE, 2019-2030, $ mn 134
Figure 82. Travel Insurance Market in Saudi Arabia, 2019-2030, $ mn 136
Figure 83. Travel Insurance Market in South Africa, 2019-2030, $ mn 138
Figure 84. Growth Stage of Global Travel Insurance Industry over the Forecast Period 141
List of Tables:
Table 1. Snapshot of Global Travel Insurance Market in Balanced Perspective, 2019-2030 18
Table 2. Growth Rate of World GDP, 2020-2022 22
Table 3. Main Product Trends and Market Opportunities in Global Travel Insurance Market 32
Table 4. Global Travel Insurance Market by Travel Type, 2019-2030, $ mn 40
Table 5. Global Travel Insurance Market by Application, 2019-2030, $ mn 45
Table 6. Global Travel Insurance Market by Coverage, 2019-2030, $ mn 49
Table 7. Global Travel Insurance Market by End User, 2019-2030, $ mn 55
Table 8. Global Travel Insurance Market by Distribution Channel, 2019-2030, $ mn 63
Table 9. Global Travel Insurance Market by Region, 2019-2030, $ mn 72
Table 10. Leading National Travel Insurance Market, 2019 and 2030F, $ mn 74
Table 11. North America Travel Insurance Market by Country, 2019-2030, $ mn 77
Table 12. U.S. Travel Insurance Market by Travel Type, 2019-2030, $ mn 81
Table 13. U.S. Travel Insurance Market by Coverage, 2019-2030, $ mn 81
Table 14. U.S. Travel Insurance Market by End User, 2019-2030, $ mn 81
Table 15. Canada Travel Insurance Market by Travel Type, 2019-2030, $ mn 83
Table 16. Canada Travel Insurance Market by Coverage, 2019-2030, $ mn 83
Table 17. Canada Travel Insurance Market by End User, 2019-2030, $ mn 83
Table 18. Mexico Travel Insurance Market by Travel Type, 2019-2030, $ mn 85
Table 19. Mexico Travel Insurance Market by Coverage, 2019-2030, $ mn 85
Table 20. Mexico Travel Insurance Market by End User, 2019-2030, $ mn 85
Table 21. Europe Travel Insurance Market by Country, 2019-2030, $ mn 89
Table 22. Germany Travel Insurance Market by Travel Type, 2019-2030, $ mn 91
Table 23. Germany Travel Insurance Market by Coverage, 2019-2030, $ mn 91
Table 24. Germany Travel Insurance Market by End User, 2019-2030, $ mn 91
Table 25. U.K. Travel Insurance Market by Travel Type, 2019-2030, $ mn 93
Table 26. U.K. Travel Insurance Market by Coverage, 2019-2030, $ mn 93
Table 27. U.K. Travel Insurance Market by End User, 2019-2030, $ mn 93
Table 28. France Travel Insurance Market by Travel Type, 2019-2030, $ mn 95
Table 29. France Travel Insurance Market by Coverage, 2019-2030, $ mn 95
Table 30. France Travel Insurance Market by End User, 2019-2030, $ mn 95
Table 31. Spain Travel Insurance Market by Travel Type, 2019-2030, $ mn 97
Table 32. Spain Travel Insurance Market by Coverage, 2019-2030, $ mn 97
Table 33. Spain Travel Insurance Market by End User, 2019-2030, $ mn 97
Table 34. Italy Travel Insurance Market by Travel Type, 2019-2030, $ mn 99
Table 35. Italy Travel Insurance Market by Coverage, 2019-2030, $ mn 99
Table 36. Italy Travel Insurance Market by End User, 2019-2030, $ mn 99
Table 37. Russia Travel Insurance Market by Travel Type, 2019-2030, $ mn 101
Table 38. Russia Travel Insurance Market by Coverage, 2019-2030, $ mn 101
Table 39. Russia Travel Insurance Market by End User, 2019-2030, $ mn 101
Table 40. Travel Insurance Market in Rest of Europe by Country, 2019-2030, $ mn 103
Table 41. APAC Travel Insurance Market by Country, 2019-2030, $ mn 106
Table 42. Japan Travel Insurance Market by Travel Type, 2019-2030, $ mn 110
Table 43. Japan Travel Insurance Market by Coverage, 2019-2030, $ mn 110
Table 44. Japan Travel Insurance Market by End User, 2019-2030, $ mn 110
Table 45. China Travel Insurance Market by Travel Type, 2019-2030, $ mn 112
Table 46. China Travel Insurance Market by Coverage, 2019-2030, $ mn 112
Table 47. China Travel Insurance Market by End User, 2019-2030, $ mn 112
Table 48. Australia Travel Insurance Market by Travel Type, 2019-2030, $ mn 114
Table 49. Australia Travel Insurance Market by Coverage, 2019-2030, $ mn 114
Table 50. Australia Travel Insurance Market by End User, 2019-2030, $ mn 114
Table 51. India Travel Insurance Market by Travel Type, 2019-2030, $ mn 116
Table 52. India Travel Insurance Market by Coverage, 2019-2030, $ mn 116
Table 53. India Travel Insurance Market by End User, 2019-2030, $ mn 116
Table 54. South Korea Travel Insurance Market by Travel Type, 2019-2030, $ mn 118
Table 55. South Korea Travel Insurance Market by Coverage, 2019-2030, $ mn 118
Table 56. South Korea Travel Insurance Market by End User, 2019-2030, $ mn 118
Table 57. Travel Insurance Market in Rest of APAC by Country/Region, 2019-2030, $ mn 120
Table 58. South America Travel Insurance Market by Country, 2019-2030, $ mn 123
Table 59. Argentina Travel Insurance Market by Travel Type, 2019-2030, $ mn 125
Table 60. Argentina Travel Insurance Market by Coverage, 2019-2030, $ mn 125
Table 61. Argentina Travel Insurance Market by End User, 2019-2030, $ mn 125
Table 62. Brazil Travel Insurance Market by Travel Type, 2019-2030, $ mn 127
Table 63. Brazil Travel Insurance Market by Coverage, 2019-2030, $ mn 127
Table 64. Brazil Travel Insurance Market by End User, 2019-2030, $ mn 127
Table 65. Chile Travel Insurance Market by Travel Type, 2019-2030, $ mn 129
Table 66. Chile Travel Insurance Market by Coverage, 2019-2030, $ mn 129
Table 67. Chile Travel Insurance Market by End User, 2019-2030, $ mn 129
Table 68. MEA Travel Insurance Market by Country, 2019-2030, $ mn 133
Table 69. UAE Travel Insurance Market by Travel Type, 2019-2030, $ mn 135
Table 70. UAE Travel Insurance Market by Coverage, 2019-2030, $ mn 135
Table 71. UAE Travel Insurance Market by End User, 2019-2030, $ mn 135
Table 72. Saudi Arabia Travel Insurance Market by Travel Type, 2019-2030, $ mn 137
Table 73. Saudi Arabia Travel Insurance Market by Coverage, 2019-2030, $ mn 137
Table 74. Saudi Arabia Travel Insurance Market by End User, 2019-2030, $ mn 137
Table 75. South Africa Travel Insurance Market by Travel Type, 2019-2030, $ mn 139
Table 76. South Africa Travel Insurance Market by Coverage, 2019-2030, $ mn 139
Table 77. South Africa Travel Insurance Market by End User, 2019-2030, $ mn 139
Table 78. Allianz Group: Company Snapshot 145
Table 79. Allianz Group: Business Segmentation 145
Table 80. Allianz Group: Product Portfolio 146
Table 81. Allianz Group: Revenue, 2018-2020, $ mn 146
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Global travel insurance market will reach $44.6 billion by 2030, growing by 8.1% annually over 2020-2030 driven by the rising disposable income, increasing business travels and availability of online travel booking platforms and mobile devices, as well as the rising property loss and flight cancelations amid COVID-19 pandemic. Highlighted with 81 tables and 84 figures, this 158-page report “Global Travel Insurance Market 2020-2030 by Travel Type, Application, Coverage, End User, Distribution Channel, and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global travel insurance market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2017-2019 and provides estimate and forecast from 2020 till 2030 with 2019 as the base year. (The year 2020 is not appropriate for research base due to the outbreak of COVID-19.) In-depth qualitative analyses include identification and investigation of the following aspects: • Market Structure • Growth Drivers • Restraints and Challenges • Emerging Product Trends & Market Opportunities • Porter’s Fiver Forces The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global travel insurance market in every aspect of the classification from perspectives of Travel Type, Application, Coverage, End User, Distribution Channel, and Region. Based on Travel Type, the global market is segmented into the following sub-markets with annual revenue ($ 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) For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2019-2030. The breakdown of all regional markets by country and split of key national markets by Travel Type, Coverage, and End User over the forecast years are also included. 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.)
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