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Adventure Travel Insurance Market Size, Trends, Growth Analysis, and Forecast | Valuates Reports
Adventure Travel Insurance MarketAdventure travel insurance are those that include coverage for adventurous activities like hang gliding, diving, skiing, and mountaineering (to name just a few), so it's important for adventure travel tourists to purchase a plan that includes coverage for their planned activities.
The global Adventure Travel Insurance market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
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In 2022, the gradual relaxation of epidemic prevention and control measures around the world will have a positive impact on the rapid recovery of the tourism industry. According to data from the World Tourism Organization, the number of global travelers exceeded 900 million in 2022, a two-fold increase compared to 2021. In 2022, international tourism revenue returned to the US$ 1 trillion, a real increase of 50% compared with 2021. According to data from the Ministry of Culture and Tourism of China, in 2022, the total number of domestic tourists was ¥ 2.53 billion, and the domestic tourism revenue (total tourism consumption) was ¥ 2 trillion.
This report aims to provide a comprehensive presentation of the global market for Adventure 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 Adventure Travel Insurance.
By Type
• Personal Insurance
• Group Insurance
By Application
• Agency
• Digital & Direct Channels
• Brokers
• Bancassurance
Key Companies
Allianz, AIG, Zurich, Genarali, AXA Group, PICC, Tokio Marine, Sompo Japan, Chubb, MetLife, Mapfre Asistencia, Hanse Merkur, Pin An
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