Report overview
This report studies the Juvenile Life Insurance market. Juvenile Life Insurance is permanent Life Insurance that insures the life of a child (generally under age 18). It is a financial planning tool that provides a tax advantaged savings vehicle with potential for a lifetime of benefits. Juvenile Life Insurance, or child Life Insurance, is usually purchased to protect a family against the sudden and unexpected costs of a funeral and burial with much lower face values. Should the juvenile survive to their college years it can then take on the form of a financial planning tool.
This report aims to provide a comprehensive presentation of the global market for Juvenile Life Insurance, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Juvenile Life Insurance. This report contains market size and forecasts of Juvenile Life Insurance in global, including the following market information:
Global Juvenile Life Insurance Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Juvenile Life Insurance market was valued at US$ 66820 million in 2022 and is projected to reach US$ 154570 million by 2029, at a CAGR of 12.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The leading players mainly are Allianz, Assicurazioni Generali, China Life Insurance, MetLife, PingAn, AXA, Sumitomo Life Insurance, Aegon, Dai-ichi Mutual Life Insurance and CPIC. Allianz is the largest playersr, its premiums of global market exceed 8%. The next is Assicurazioni Generali and China Life Insurance.
We surveyed the Juvenile Life Insurance companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Juvenile Life Insurance Market, by Age, 2018-2023, 2024-2029 ($ millions)
Global Juvenile Life Insurance Market Segment Percentages, by Age, 2022 (%)
Below 10 Years Old
10~18 Years Old
Global Juvenile Life Insurance Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Juvenile Life Insurance Market Segment Percentages, by Application, 2022 (%)
School
Home
Global Juvenile Life Insurance Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Juvenile Life Insurance Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Juvenile Life Insurance revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Juvenile Life Insurance revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Allianz
Assicurazioni Generali
China Life Insurance
MetLife
PingAn
AXA
Sumitomo Life Insurance
Aegon
Dai-ichi Mutual Life Insurance
CPIC
Aviva
Munich Re Group
Zurich Financial Services
Nippon Life Insurance
Gerber Life Insurance
AIG
Outline of Major Chapters:
Chapter 1: Introduces the definition of Juvenile Life Insurance, market overview.
Chapter 2: Global Juvenile Life Insurance market size in revenue.
Chapter 3: Detailed analysis of Juvenile Life Insurance company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by age, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Juvenile Life Insurance in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.