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Group Travel Insurance Market, Global Outlook and Forecast 2023-2029

Group Travel Insurance Market, Global Outlook and Forecast 2023-2029

  • Published on : 11 June 2023
  • Pages :102
  • Report Code:SMR-7715354

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Report overview

Group travel insurance is a means of buying a policy that will cover a group of people, who are not necessarily a family, for travelling abroad on a trip at the same time.
This report aims to provide a comprehensive presentation of the global market for Group 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 Group Travel Insurance. This report contains market size and forecasts of Group Travel Insurance in global, including the following market information:
Global Group Travel Insurance Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Group Travel Insurance market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Single Trip Coverage Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Group Travel Insurance include Allianz, AIG, Munich RE, Generali, Tokio Marine, Sompo Japan, CSA Travel Protection, AXA and Pingan Baoxian, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Group 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 Group Travel Insurance Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Group Travel Insurance Market Segment Percentages, by Type, 2022 (%)
Single Trip Coverage
Annual Multi Trip Coverage
Other
Global Group Travel Insurance Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Group Travel Insurance Market Segment Percentages, by Application, 2022 (%)
Insurance Intermediaries
Insurance Company
Bank
Insurance Broker
Others
Global Group Travel Insurance Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Group 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 Group Travel Insurance revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Group Travel Insurance revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Allianz
AIG
Munich RE
Generali
Tokio Marine
Sompo Japan
CSA Travel Protection
AXA
Pingan Baoxian
Mapfre Asistencia
USI Affinity
Seven Corners
Hanse Merkur
MH Ross
STARR
Outline of Major Chapters:
Chapter 1: Introduces the definition of Group Travel Insurance, market overview.
Chapter 2: Global Group Travel Insurance market size in revenue.
Chapter 3: Detailed analysis of Group 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 Group 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.