Press release
Travel Insurance Market: Global Industry Outlook, Size (US$ 31.3 Billion), Share, Growth (CAGR of 14.4%), Top Companies Analysis, Industry Trends 2022-2027
According to IMARC Group's latest report, titled "๐๐ซ๐๐ฏ๐๐ฅ ๐๐ง๐ฌ๐ฎ๐ซ๐๐ง๐๐ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฅ๐จ๐๐๐ฅ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ซ๐๐ง๐๐ฌ, ๐๐ก๐๐ซ๐, ๐๐ข๐ณ๐, ๐๐ซ๐จ๐ฐ๐ญ๐ก, ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐๐ง๐ ๐ ๐จ๐ซ๐๐๐๐ฌ๐ญ ๐๐๐๐-๐๐๐๐," the global travel insurance market size reached US$ 13.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 31.3 Billion by 2027, exhibiting a growth rate (CAGR) of 14.4% during 2022-2027.๐๐๐๐ซ ๐๐จ๐ง๐ฌ๐ข๐๐๐ซ๐๐ ๐ญ๐จ ๐๐ฌ๐ญ๐ข๐ฆ๐๐ญ๐ ๐ญ๐ก๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ข๐ณ๐:
โข Base Year of the Analysis: 2021
โข Historical Period: 2016-2021
โข Forecast Period: 2022-2027
๐๐ซ๐๐ฏ๐๐ฅ ๐๐ง๐ฌ๐ฎ๐ซ๐๐ง๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
The rapidly increasing medical tourism and business travel activities across the globe are primarily driving the market growth. Apart from this, the rising incidences of luggage loss, medical emergencies, and trip cancellations have significantly facilitated the demand for travel insurance to reimburse the expenditures incurred, which, in turn, is supporting the travel insurance market growth. Additionally, governments of various countries have mandated attaching travel insurance documents while applying for a visa, which is acting as another major growth-inducing factor.โฏโฏBesides this, the availability of online travel booking options, the provision of discounted travel packages, and the large-scale incorporation of digital tools to offer personalized user experiences are propelling the market growth.
๐๐ผ๐๐ป๐น๐ผ๐ฎ๐ฑ ๐ณ๐ฟ๐ฒ๐ฒ ๐๐ฎ๐บ๐ฝ๐น๐ฒ ๐ฏ๐ฟ๐ผ๐ฐ๐ต๐๐ฟ๐ฒ: https://www.imarcgroup.com/travel-insurance-market/requestsample
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐ ๐๐ข๐ญ๐ก ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
The competitive landscape of the travel insurance market has been studied in the report with the detailed profiles of the key players operating in the market.
๐๐จ๐ฆ๐ ๐จ๐ ๐ญ๐ก๐๐ฌ๐ ๐ค๐๐ฒ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง๐๐ฅ๐ฎ๐๐:
โข Allianz SE
โข American Express Company
โข American International Group
โข AXA SA
โข Berkshire Hathaway Specialty Insurance Company
โข Generali Group
โข Insure & Go Insurance Services (Mapfre S.A.)
โข Seven Corners Inc.
โข Travel Insured International Inc. (Crum & Forster)
โข USI Affinity (USI Insurance Services)
โข Zurich Insurance Group AG
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
The report has segmented the global travel insurance market based on insurance type, coverage, distribution channel, end user and region.
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐ง๐ฌ๐ฎ๐ซ๐๐ง๐๐ ๐๐ฒ๐ฉ๐:
โข Single-Trip Travel Insurance
โข Annual Multi-Trip Insurance
โข Long-Stay Travel Insurance
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐จ๐ฏ๐๐ซ๐๐ ๐:
โข Medical Expenses
โข Trip Cancellation
โข Trip Delay
โข Property Damage
โข Others
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐ข๐ฌ๐ญ๐ซ๐ข๐๐ฎ๐ญ๐ข๐จ๐ง ๐๐ก๐๐ง๐ง๐๐ฅ:
โข Insurance Intermediaries
โข Banks
โข Insurance Companies
โข Insurance Aggregators
โข Insurance Brokers
โข Others
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐ง๐ ๐๐ฌ๐๐ซ:
โข Senior Citizens
โข Education Travelers
โข Business Travelers
โข Family Travelers
โข Others
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐๐ ๐ข๐จ๐ง:
โข North America
โข Asia Pacific
โข Europe
โข Latin America
โข Middle East and Africa
๐๐ฌ๐ค ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ญ ๐๐จ๐ซ ๐๐% ๐ ๐ซ๐๐ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/request?type=report&id=2432&flag=C
Note: We are updating our reports, if you want the report with the latest primary and secondary data (2023-2028) including industry trends, market size and competitive landscape, etc. click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.
๐๐๐ฒ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
โข Market Performance (2016-2021)
โข Market Outlook (2022-2027)
โข Market Trends
โข Market Drivers and Success Factors
โข Impact of COVID-19
โข Value Chain Analysis
โข Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Email: sales@imarcgroup.com
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800
๐๐๐จ๐ฎ๐ญ ๐๐ฌ
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Travel Insurance Market: Global Industry Outlook, Size (US$ 31.3 Billion), Share, Growth (CAGR of 14.4%), Top Companies Analysis, Industry Trends 2022-2027 here
News-ID: 2840137 • Views: โฆ
More Releases from IMARC Group

India Seafood Market Outlook 2025-2033: Key Trends, Size, Share and Growth Insig โฆ
As indicated in the latest market research report published by IMARC Group, titled "India Seafood Market Report by Type (Fish, Shrimps, Others), Form (Fresh/Chilled, Frozen/Canned, Processed), Distribution Channel (Off Trade, On Trade), and Region 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. It encompasses competitor and regional analyses, as well as recent advancements in the market.
Market Size & Future Growth Potential:
The India seafoodโฆ

India Mutual Funds Market: Size, Share, Trends, Growth and Industry Outlook 2025 โฆ
Mutual Funds Market in India 2025:
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Size in 2024: USD 2.50 Billion
Market Size in 2033: USD 5.90 Billion
Market Growth Rate (CAGR) 2025-2033: 10.03%
How Big is the India Mutual Funds Industry?
The India mutual funds market size reached USD 2.50 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 5.90 Billion by 2033, exhibiting a growth rate (CAGR) of 10.03% during 2025-2033.
Requestโฆ

Dimethyl Ether Market Valuation to Reach USD 15.73 Billion by 2033 - Industry Ex โฆ
Market Overview:
The dimethyl ether market is experiencing significant growth momentum, driven by increasing demand for cleaner fuel alternatives, expanding applications in various industries, and supportive government policies promoting sustainable energy solutions. According to IMARC Group's latest research publication, "Dimethyl Ether Market Size, Share, Trends and Forecast by Raw Material, Application, End-Use Industry, and Region, 2025-2033", the global dimethyl ether market size reached USD 7.22 Billion in 2024. Looking forward, IMARCโฆ

Glucometer Manufacturing Plant Report 2025: Unit Setup, Cost and Requirements, P โฆ
Setting up a glucometer manufacturing plant requires thorough market research alongside a minute understanding of numerous operating factors such as unit processes, purchasing of raw materials, utility supply, infrastructure creation, equipment and technology specifications, human resource planning, logistics, and cash outlay.
IMARC Group's report titled "Glucometer Manufacturing Plant Cost Analysis Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing aโฆ
More Releases for Insurance
Renters Insurance Market Dazzling Worldwide with Major Giants Travelers Insuranc โฆ
According to HTF Market Intelligence, the Global Renters Insurance market to witness a CAGR of xx% during the forecast period (2024-2030). The Latest research study released by HTF MI "Renters Insurance Market with 120+ pages of analysis on business Strategy taken up by key and emerging industry players and delivers know-how of the current market development, landscape, technologies, drivers, opportunities, market viewpoint, and status. Understanding the segments helps in identifyingโฆ
Renters Insurance Market to See Competition Rise | Travelers Insurance, Geico In โฆ
HTF MI introduces new research on Renters Insurance covering the micro level of analysis by competitors and key business segments (2023-2029). The Renters Insurance explores a comprehensive study of various segments like opportunities, size, development, innovation, sales, and overall growth of major players. The research is carried out on primary and secondary statistics sources and it consists of both qualitative and quantitative detailing. Some of the major key players profiledโฆ
Insurance Road Assistance Services Market Is Booming Worldwide | Travelers Insur โฆ
Insurance Road Assistance Services Market: The extensive research on Insurance Road Assistance Services Market, by Qurate Research is a clear representation on all the essential factors that are expected to drive the market considerably. Thorough study on Insurance Road Assistance Services Market helps the buyers of the report, customers, the stakeholders, business owners, and stockholders to understand the market in detail. The updated research report comprises key information on theโฆ
Agriculture Crop Insurance Market Type (MPCI Insurance, Hail Insurance, Livestoc โฆ
Agriculture Crop Insurance market worldwide Agriculture is an important contributor to any economy. The extensive use of crops for direct human consumption and industrial processes has resulted in increasing the pressure on the existing supply demand gap. Increasing need for food security is expected to augment the demand for insurance policies. The two major risks in agricultural sector are price risk, caused due to volatility in prices in the marketโฆ
Household Insurance Market By Key Players: Discount Insurance Home Insurance, On โฆ
Household Insurance Industry Overview
Theย Household Insurance market research studyย relies uponย a combination of primary as well as secondary research. It throws light on the key factorsย concerned withย generatingย andย limitingย Household Insurance market growth.ย In addition, theย currentย mergers and acquisition byย keyย players in the market have beenย describedย at length.ย Additionally, the historical information andย currentย growth of the market have beenย givenย in the scope of the research report. The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Household Insurance marketโฆ
Life Insurance Market in Kuwait By Warba Insurance Company, Al Ahleia Insurance โฆ
GlobalDataโs 'Life Insurance in Kuwait, Key Trends and Opportunities to 2021' report provides a detailed outlook by product category for the Kuwaiti life insurance segment, and a comparison of the Kuwaiti insurance industry with its regional counterparts.
It provides key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, total assets, total investment income and retentions during the review period (2012-2016) and forecast period (2016-2021).
The report alsoโฆ