Travel Insurance Market Expected to Reach US$ 22153 million by 2022: Up-to-date Analysis of Industry Trends and Technological Improvements with Global Key Insurance Players (Hollander ,Wendre, MyPillow, Pacific Coast, Pacific Brands )

Global Travel Insurance Market report explores future trends for supply, demand and market growth rate, market size, prices, trading, competition and value chain as well as Key Players of the industry’s information with forecast from 2018 to 2022.

Global Travel Insurance Market Overview:

According to Market Analyst, The Global Travel Insurance Market is projected to grow at a healthy growth rate from 2018 to 2022.

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With the slowdown in world economic growth, the Travel Insurance industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Travel Insurance market size to maintain the average annual growth rate of 7.48% from 13560 million $ in 2014 to 16837 million $ in 2017, According to Market analyst in the next few years, Travel Insurance market size will be further expanded by 2022 , The market size of the Travel Insurance will reach 22153 million $.

The rise of low-cost airlines is the primary growth driver for this market. With the emergence of low-cost airlines, there has been an increase in the number of airport passengers. This, in turn, has led to an increase in the gross travel insurance premium, which has hiked the profit margins of the top travel insurance vendors.

Growth in tourism, the rise in globalization, and trade practices have made travel insurance industry more attractive. Travel insurance provides an extensive range of benefits for events, such as trip cancellation due to a medical emergency, loss of baggage, evacuation due to a medical condition or hijack, and loss of travel documents.

Global Travel Insurance Market is segmented on the basis of Product Type, Industry and Region.

On the Basis of Industry Segment The business travelers segment accounted for highest revenue share in the global market in 2017, and is projected to continue contributing the highest revenue share as compared to that of other

Regionally, Asia-Pacific travel insurance market would exhibit prominent growth during the forecast period owing to increase in the number of travel insurance users which include backpackers, senior citizens, and business travelers.

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Market Players of Global Travel Insurance Market:

1 Hollander

2 Wendre

3 MyPillow

4 Pacific Coast

5 Pacific Brands

6 Tempur Sealy

7 RIBECO

8 John Cotton

9 Paradise Pillow and More….

The Market is segmented and projected on the basis of major Region Segmentation

1 North America Country (United States, Canada)

2 South America

3 Asia Country (China, Japan, India, Korea)

4 Europe Country (Germany, UK, France, Italy)

5 Other Country (Middle East, Africa, GCC)

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The Market is segmented and projected on the basis of Product Type Segmentation

1 Trip Cancellation

2 Trip Delay

3 Medical expense

4 Property Damage

5 Other

The Market is segmented and projected on the basis of Industry Segmentation

1 Travel management companies

2 Banks

3 Government

4 Hotels

5 Transportation Company

Key Questions Answered in this Report:

1 What will the market size be in 2022?

2 What are the key factors driving the Travel Insurance Market?

3 What are the challenges to market growth?

4 Who are the key players in the Travel Insurance Market?

5 What are the market opportunities and threats faced by the key players?

TABLE OF CONTENTS

1 Travel Insurance Product Definition

2 Global Travel Insurance Market Manufacturer Share and Market Overview

3 Manufacturer Travel Insurance Business Introduction

4 Global Travel Insurance Market Segmentation (Region Level)

5 Global Travel Insurance Market Segmentation (Product Type Level)

6 Global Travel Insurance Market Segmentation (Industry Level)

7 Global Travel Insurance Market Segmentation (Channel Level)

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