List of Figures:
Figure 1. Research Method Flow Chart 10
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 13
Figure 3. Asia Pacific Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2030 15
Figure 4. Asia Pacific Pet Insurance Market, 2019-2030, $ mn 18
Figure 5. Impact of COVID-19 on Business 21
Figure 6. Primary Drivers and Impact Factors of Asia Pacific Pet Insurance Market 23
Figure 7. Average Monthly Cost of Pet Insurance for Dogs and Cats, June 2021 27
Figure 8. Primary Restraints and Impact Factors of Asia Pacific Pet Insurance Market 29
Figure 9. Investment Opportunity Analysis 33
Figure 10. Porter’s Fiver Forces Analysis of Asia Pacific Pet Insurance Market 36
Figure 11. Breakdown of Asia Pacific Pet Insurance Market by Insurance Type, 2019-2030, % of Revenue 41
Figure 12. Asia Pacific Addressable Market Cap in 2021-2030 by Insurance Type, Value ($ mn) and Share (%) 41
Figure 13. Asia Pacific Pet Insurance Market: Accident & Illness, 2019-2030, $ mn 42
Figure 14. Asia Pacific Pet Insurance Market: Accident Only, 2019-2030, $ mn 43
Figure 15. Breakdown of Asia Pacific Pet Insurance Market by Policy Type, 2019-2030, % of Sales Revenue 45
Figure 16. Asia Pacific Addressable Market Cap in 2021-2030 by Policy Type, Value ($ mn) and Share (%) 45
Figure 17. Asia Pacific Pet Insurance Market: Lifetime Coverage, 2019-2030, $ mn 46
Figure 18. Asia Pacific Pet Insurance Market: Non-Lifetime Coverage, 2019-2030, $ mn 47
Figure 19. Breakdown of Asia Pacific Pet Insurance Market by Animal Type, 2019-2030, % of Sales Revenue 49
Figure 20. Asia Pacific Addressable Market Cap in 2021-2030 by Animal Type, Value ($ mn) and Share (%) 49
Figure 21. Asia Pacific Pet Insurance Market: Dogs, 2019-2030, $ mn 50
Figure 22. Monthly Premium of Pet Insurance for Dogs, June 2021 51
Figure 23. Cost of Five Most Common Conditions for Dogs, June 2021 52
Figure 24. Asia Pacific Pet Insurance Market: Cats, 2019-2030, $ mn 54
Figure 25. Monthly Premium of Pet Insurance for Cats, June 2021 55
Figure 26. Cost of Five Most Common Conditions for Cats, June 2021 56
Figure 27. Asia Pacific Pet Insurance Market: Other Animals, 2019-2030, $ mn 58
Figure 28. Breakdown of Asia Pacific Pet Insurance Market by Provider, 2019-2030, % of Revenue 60
Figure 29. Asia Pacific Addressable Market Cap in 2021-2030 by Provider, Value ($ mn) and Share (%) 60
Figure 30. Asia Pacific Pet Insurance Market: Private Insurance Providers, 2019-2030, $ mn 61
Figure 31. Asia Pacific Pet Insurance Market: Public Insurance Providers, 2019-2030, $ mn 62
Figure 32. Breakdown of Asia Pacific Pet Insurance Market by Distribution Channel, 2019-2030, % of Revenue 64
Figure 33. Asia Pacific Addressable Market Cap in 2021-2030 by Distribution Channel, Value ($ mn) and Share (%) 64
Figure 34. Asia Pacific Pet Insurance Market: Insurance Agency, 2019-2030, $ mn 65
Figure 35. Asia Pacific Pet Insurance Market: Bancassurance, 2019-2030, $ mn 66
Figure 36. Asia Pacific Pet Insurance Market: Brokers, 2019-2030, $ mn 67
Figure 37. Asia Pacific Pet Insurance Market: Direct Sales, 2019-2030, $ mn 68
Figure 38. Breakdown of APAC Pet Insurance Market by Country, 2019 and 2030, % of Revenue 70
Figure 39. Contribution to APAC 2021-2030 Cumulative Market by Country, Value ($ mn) and Share (%) 71
Figure 40. Pet Insurance Market in Japan, 2019-2030, $ mn 73
Figure 41. Pet Insurance Market in China, 2019-2030, $ mn 75
Figure 42. Pet Insurance Market in Australia, 2019-2030, $ mn 77
Figure 43. Pet Insurance Market in India, 2019-2030, $ mn 79
Figure 44. Pet Insurance Market in South Korea, 2019-2030, $ mn 81
Figure 45. Pet Insurance Market in Rest of APAC, 2019-2030, $ mn 83
Figure 46. Growth Stage of Asia Pacific Pet Insurance Industry over the Forecast Period 85
Asia Pacific pet insurance market will grow by 16.8% annually with a total addressable market cap of $18.82 billion over 2021-2030 driven by the growth in pet ownership, rising in companion animal population, increasing disposable income, and an increase in the awareness related to pet insurance. The report “Asia Pacific Pet Insurance Market 2020-2030 by Insurance Type (Accident & Illness, Accident Only), Policy Type (Lifetime, Non-Lifetime), Animal Type (Dogs, Cats, Other Animals), Provider (Private, Public), Distribution Channel, and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Asia Pacific pet insurance market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2017-2019 and provides estimate and forecast from 2020 till 2030 with 2019 as the base year (Year 2020 is not appropriate for research base due to the outbreak of COVID-19). In-depth qualitative analyses include identification and investigation of the following aspects: • Market Structure • Growth Drivers • Restraints and Challenges • Emerging Product Trends & Market Opportunities • Porter’s Fiver Forces The trend and outlook of Asia Pacific market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify Asia Pacific pet insurance market in every aspect of the classification from perspectives of Insurance Type, Policy Type, Animal Type, Provider, Distribution Channel, and Country. Based on Insurance Type, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each primary section. • Accident & Illness o Dogs o Cats o Other Pets • Accident Only o Dogs o Cats o Other Pets Based on Policy Type, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each primary section. • Lifetime Coverage • Non-Lifetime Coverage Based on Animal Type, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each primary section. • Dogs o Accident & Illness o Accident Only • Cats o Accident & Illness o Accident Only • Other Animals o Accident & Illness o Accident Only Based on Provider, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each primary section. • Private Insurance Providers • Public Insurance Providers Based on Distribution Channel, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each primary section. • Insurance Agency • Bancassurance • Brokers • Direct Sales Geographically, the following national/local markets are fully investigated: • Japan • China • South Korea • Australia • India • Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines) For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2019-2030. The breakdown of key national markets by Insurance Type, Animal Type, and Distribution Channel 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): Agria Anicom Holding ASPCA Bow Wow Meow Embrace Pet Insurance Agency, LLC Healthy Paws Pet Insurance Ipet Insurance More Than Nationwide Mutual Insurance Company Petfirst Healthcare LLC Petplan Limited Petsecure Pet Health Insurance Trupanion (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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