List of Figures:
Figure 1. Research Method Flow Chart 11
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 14
Figure 3. North America Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2030 16
Figure 4. North America Travel Insurance Market, 2019-2030, $ mn 19
Figure 5. Impact of COVID-19 on Business 22
Figure 6. Primary Drivers and Impact Factors of North America Travel Insurance Market 24
Figure 7. GDP per capita in the World, 1960-2018, $ thousand 27
Figure 8. Forecast of World Middle-class Population by Region, 2015-2030, million 27
Figure 9. Primary Restraints and Impact Factors of North America Travel Insurance Market 28
Figure 10. Investment Opportunity Analysis 32
Figure 11. Porter’s Fiver Forces Analysis of North America Travel Insurance Market 35
Figure 12. Breakdown of North America Travel Insurance Market by Travel Type, 2019-2030, % of Revenue 40
Figure 13. North America Addressable Market Cap in 2021-2030 by Travel Type, Value ($ mn) and Share (%) 40
Figure 14. North America Travel Insurance Market: Single-trip Travel Insurance, 2019-2030, $ mn 41
Figure 15. North America Travel Insurance Market: Annual Multi-trip Travel Insurance, 2019-2030, $ mn 42
Figure 16. North America Travel Insurance Market: Long-stay Travel Insurance, 2019-2030, $ mn 43
Figure 17. Breakdown of North America Travel Insurance Market by Application, 2019-2030, % of Sales Revenue 45
Figure 18. North America Addressable Market Cap in 2021-2030 by Application, Value ($ mn) and Share (%) 45
Figure 19. North America Travel Insurance Market: Domestic Travel, 2019-2030, $ mn 46
Figure 20. North America Travel Insurance Market: International Travel, 2019-2030, $ mn 47
Figure 21. Breakdown of North America Travel Insurance Market by Coverage, 2019-2030, % of Sales Revenue 49
Figure 22. North America Addressable Market Cap in 2021-2030 by Coverage, Value ($ mn) and Share (%) 49
Figure 23. North America Travel Insurance Market: Medical Insurance, 2019-2030, $ mn 50
Figure 24. North America Travel Insurance Market: Trip Cancellation & Delay Insurance, 2019-2030, $ mn 51
Figure 25. North America Travel Insurance Market: Property Loss & Damage Insurance, 2019-2030, $ mn 52
Figure 26. North America Travel Insurance Market: Other Coverages, 2019-2030, $ mn 53
Figure 27. Breakdown of North America Travel Insurance Market by End User, 2019-2030, % of Revenue 55
Figure 28. North America Addressable Market Cap in 2021-2030 by End User, Value ($ mn) and Share (%) 55
Figure 29. North America Travel Insurance Market: Family Travelers, 2019-2030, $ mn 56
Figure 30. North America Travel Insurance Market: Senior Citizens, 2019-2030, $ mn 57
Figure 31. North America Travel Insurance Market: Business Travelers, 2019-2030, $ mn 58
Figure 32. North America Travel Insurance Market: Education Travelers, 2019-2030, $ mn 59
Figure 33. North America Travel Insurance Market: Backpackers, 2019-2030, $ mn 60
Figure 34. North America Travel Insurance Market: Other End Users, 2019-2030, $ mn 61
Figure 35. Breakdown of North America Travel Insurance Market by Distribution Channel, 2019-2030, % of Revenue 63
Figure 36. North America Addressable Market Cap in 2021-2030 by Distribution Channel, Value ($ mn) and Share (%) 63
Figure 37. North America Travel Insurance Market: Insurance Intermediaries, 2019-2030, $ mn 64
Figure 38. North America Travel Insurance Market: Insurance Companies, 2019-2030, $ mn 65
Figure 39. North America Travel Insurance Market: Banks, 2019-2030, $ mn 66
Figure 40. North America Travel Insurance Market: Insurance Brokers, 2019-2030, $ mn 67
Figure 41. North America Travel Insurance Market: Insurance Aggregators, 2019-2030, $ mn 68
Figure 42. North America Travel Insurance Market: Other Distribution Channels, 2019-2030, $ mn 69
Figure 43. Breakdown of North America Travel Insurance Market by Country, 2019 and 2030, % of Revenue 71
Figure 44. Contribution to North America 2021-2030 Cumulative Market by Country, Value ($ mn) and Share (%) 72
Figure 45. U.S. Travel Insurance Market, 2019-2030, $ mn 74
Figure 46. Canada Travel Insurance Market, 2019-2030, $ mn 76
Figure 47. Travel Insurance Market in Mexico, 2015-2030F, $ mn 78
Figure 48. Growth Stage of North America Travel Insurance Industry over the Forecast Period 80
North America travel insurance market is expected to grow by 7.4% annually in the forecast period and reach $13.93 billion by 2030 driven by the rising disposable income, increasing business travels and availability of online travel booking platforms and mobile devices, as well as the rising property loss and flight cancelations amid COVID-19 pandemic. Highlighted with 22 tables and 48 figures, this 97-page report “North America Travel Insurance Market 2020-2030 by Travel Type, Application, Coverage, End User, Distribution Channel, and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire North America travel insurance market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2017-2019 and provides estimate and forecast from 2020 till 2030 with 2019 as the base year. (The year 2020 is not appropriate for research base due to the outbreak of COVID-19.) In-depth qualitative analyses include identification and investigation of the following aspects: • Market Structure • Growth Drivers • Restraints and Challenges • Emerging Product Trends & Market Opportunities • Porter’s Fiver Forces The trend and outlook of North America market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify North America travel insurance market in every aspect of the classification from perspectives of Travel Type, Application, Coverage, End User, Distribution Channel, and Country. Based on Travel Type, the North America market is segmented into the following sub-markets with annual revenue ($ 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 North America 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 North America 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 North America 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 North America 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 national/local markets are fully investigated: • U.S. • Canada • Mexico For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2019-2030. The breakdown of key national markets by Travel Type, Coverage, and End User over the forecast years is 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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