Report overview
Business travel insurance provides insurance cover for the purpose of business trips of a customer or for an organization.
This report aims to provide a comprehensive presentation of the global market for Business Travel 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 Business Travel Insurance. This report contains market size and forecasts of Business Travel Insurance in global, including the following market information:
Global Business Travel Insurance Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Business Travel Insurance market was valued at US$ 5035.5 million in 2022 and is projected to reach US$ 8813.9 million by 2029, at a CAGR of 8.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
In China, the key players of business travel insurance include Pin An, AIG, PICC, etc. The top three players hold a share about 58%. The key players ofbusiness travel insurance in China market are mainly located in China, accounting for a share over 50%.
We surveyed the Business Travel 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 Business Travel Insurance Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Business Travel Insurance Market Segment Percentages, by Type, 2022 (%)
Single Trip Coverage
Annual Multi Trip Coverage
Others
Global Business Travel Insurance Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Business Travel Insurance Market Segment Percentages, by Application, 2022 (%)
Insurance Intermediaries
Insurance Company
Bank
Insurance Broker
Others
Global Business Travel Insurance Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Business Travel 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 Business Travel Insurance revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Business Travel Insurance revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Pin An
AIG
PICC
Allianz
CPIC
PICC
AIA
AXA
TaiKang
Chubb
Outline of Major Chapters:
Chapter 1: Introduces the definition of Business Travel Insurance, market overview.
Chapter 2: Global Business Travel Insurance market size in revenue.
Chapter 3: Detailed analysis of Business Travel 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 type, 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 Business Travel 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.