Press release
Logistics Insurance Market : Securing Global Trade with USD 81.68 Billion Valuation by 2032
As global trade expands and supply chain complexities rise, logistics insurance is playing a critical role in safeguarding cargo, mitigating financial risk, and ensuring seamless delivery of goods. The rise in e-commerce, increasing cross-border shipments, and heightened awareness of risk management have fueled steady market growth.
Get a Free PDF Sample > https://www.marketresearchfuture.com/sample_request/24593
Key Market Drivers
• Growth of Global Trade and E-Commerce
With increasing international commerce and the boom in online retail, demand for cargo insurance and logistics coverage is rising across the globe.
• Increased Supply Chain Vulnerabilities
Rising risks such as theft, delays, natural disasters, and geopolitical disruptions are compelling logistics providers to adopt comprehensive insurance policies.
• Stricter Regulatory Frameworks
Governments and international trade organizations are mandating insurance coverage to ensure compliance and minimize losses across shipping channels.
• Rising Awareness of Risk Management
Companies are increasingly investing in insurance as part of their overall risk strategy, especially for high-value or time-sensitive goods.
• Digitalization of Insurance Services
Digital platforms are streamlining policy issuance, claims processing, and real-time shipment tracking, improving adoption among logistics companies.
Browse Complete Research Report > https://www.marketresearchfuture.com/reports/logistics-insurance-market-24593
Market Segmentation Highlights
1. By Insurance Type:
• Marine Cargo Insurance (Leading Segment)
Covers damage or loss of goods during sea transit-essential for international trade and bulk shipping.
• Inland Transit Insurance
Covers movement of goods via road, rail, or domestic air freight, widely used in national supply chains.
• Liability Insurance
Protects freight forwarders and carriers against claims arising from damage, delay, or loss.
• Freight Insurance
Specific to third-party logistics (3PL) providers ensuring freight value coverage during movement and storage.
2. By Coverage:
• Loss or Damage
Covers partial or total damage to goods in transit due to accidents, handling issues, or natural events.
• Theft and Piracy
Covers risks arising from theft, hijacking, and piracy, especially for high-value cargo.
• Delayed Delivery
Compensates for financial losses due to shipment delays caused by unforeseen disruptions.
• Customizable Policies
Tailored solutions for industries like pharma, electronics, and perishable goods with specific risk profiles.
3. By End User:
• Transportation and Logistics Companies (Primary Users)
Require continuous insurance to protect daily operations and reduce operational liability.
• Manufacturers & Exporters
Often insure goods in-transit globally to safeguard against financial loss.
• Retail & E-Commerce Firms
Growing use of logistics insurance due to rising volume of last-mile and cross-border deliveries.
• Freight Forwarders & 3PL Providers
Critical users managing multiple clients and requiring scalable insurance coverage.
Competitive Landscape
Leading players in the Logistics Insurance Market include:
Allianz SE, AXA XL, AIG, Zurich Insurance Group, Chubb, Tokio Marine Holdings, Assicurazioni Generali, The Hartford, Liberty Mutual Insurance, and Samsung Fire & Marine Insurance.
These companies offer tailored marine, transit, and freight insurance solutions backed by digital claims handling, risk analysis tools, and global coverage networks.
Buy Premium Research Report > https://www.marketresearchfuture.com/checkout?currency=one_user-USD&report_id=24593
Regional Analysis
North America - Market Leader
• Advanced logistics infrastructure and regulatory compliance
• Strong adoption of risk-mitigation tools by major freight carriers
Asia-Pacific - Fastest Growing Region
• Rapid industrialization and booming e-commerce in China, India, and Southeast Asia
• Increasing cross-border trade and government support for logistics safety
Europe
• High volume of intra-European trade and compliance with stringent insurance standards
• Strong logistics ecosystem driven by automotive, pharma, and industrial sectors
South America & MEA
• Expanding trade corridors and adoption of digital logistics platforms
• Increasing insurance awareness in emerging economies
Key Market Opportunities
• Integration with IoT and Telematics
Real-time monitoring and data-driven risk assessment using connected logistics infrastructure.
• Blockchain-Based Claims Processing
Secure, transparent, and faster settlements using smart contracts and decentralized systems.
• Customized Industry-Specific Policies
Tailored products for sensitive industries such as healthcare, electronics, and food & beverages.
• Value-Added Services by Insurers
Including cargo risk consulting, shipment tracking, and loss prevention analytics.
Read More Articles >
GCC Cold Chain Monitoring Market
https://www.marketresearchfuture.com/reports/gcc-cold-chain-monitoring-market-54907
India Cold Chain Monitoring Market
https://www.marketresearchfuture.com/reports/india-cold-chain-monitoring-market-54909
ITaly Cold Chain Monitoring Market
https://www.marketresearchfuture.com/reports/italy-cold-chain-monitoring-market-54905
South Korea Cold Chain Monitoring Market
https://www.marketresearchfuture.com/reports/south-korea-cold-chain-monitoring-market-54904
Spain Cold Chain Monitoring Market
https://www.marketresearchfuture.com/reports/spain-cold-chain-monitoring-market-54910
UK Cold Chain Monitoring Market
https://www.marketresearchfuture.com/reports/uk-cold-chain-monitoring-market-54903
Canada Digital Signage Market
https://www.marketresearchfuture.com/reports/canada-digital-signage-market-54891
Europe Digital Signage Market
https://www.marketresearchfuture.com/reports/europe-digital-signage-market-54893
France Digital Signage Market
https://www.marketresearchfuture.com/reports/france-digital-signage-market-54890
Italy Digital Signage Market
https://www.marketresearchfuture.com/reports/italy-digital-signage-market-54892
About US
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis regarding diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.
Contact:
Market Research Future
99 Hudson Street,5Th Floor
New York, New York 10013
United States of America
Sales: +1 628 258 0071(US)
+44 2035 002 764(UK
Email: sales@marketresearchfuture.com
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 Logistics Insurance Market : Securing Global Trade with USD 81.68 Billion Valuation by 2032 here
News-ID: 4107570 • Views: …
More Releases from market research future
Parametric Insurance Market Forecast: Industry to Expand from USD 15.55 Billion …
The Parametric Insurance Market report provides comprehensive insights into market trends, competitive landscape, growth factors, and opportunities across global regions.
Parametric Insurance Market Overview:
The Parametric Insurance Market is experiencing significant growth as businesses, governments, and individuals increasingly adopt insurance solutions that provide pre-defined payouts based on the occurrence of specific events, such as natural disasters, weather conditions, or other measurable triggers. Parametric insurance offers faster claims settlement, reduced administrative costs, and…
Financial Advisory Services Market Forecast: Industry to Expand from USD 91.52 B …
The Financial Advisory Services Market report provides detailed insights into market trends, competitive landscape, growth factors, and opportunities across global regions.
Financial Advisory Services Market Overview:
The Financial Advisory Services Market is witnessing significant growth as individuals and corporations increasingly seek expert guidance for investment strategies, wealth management, risk mitigation, and financial planning. Financial advisory services help clients optimize returns, manage risk, and ensure compliance with evolving regulatory requirements. The Financial Advisory…
Accounting Services Market Size to Reach USD 1,355.61 Billion by 2035 Driven by …
The Accounting Services Market report provides detailed insights into market trends, competitive landscape, growth factors, and opportunities across global regions.
Accounting Services Market Overview:
The Accounting Services Market is witnessing steady growth as organizations increasingly rely on professional accounting firms for auditing, tax compliance, financial reporting, and advisory services. The growing complexity of financial regulations, globalization of business operations, and rising demand for risk management solutions drive the adoption of specialized accounting…
Insurance Third-Party Administration Market Forecast: Industry to Expand from US …
The Insurance Third-Party Administration Market report provides in-depth insights into market size, growth trends, competitive landscape, key drivers, opportunities, and regional developments across the global insurance ecosystem.
Insurance Third-Party Administration Market Overview:
The Insurance Third-Party Administration Market is witnessing robust growth as insurers increasingly outsource claims processing, policy administration, and risk management services to improve operational efficiency and reduce costs. Third-party administrators (TPAs) play a crucial role in handling claims settlement, employee…
More Releases for Insurance
Renters Insurance Market Dazzling Worldwide with Major Giants Travelers Insuranc …
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 identifying…
Renters Insurance Market to See Competition Rise | Travelers Insurance, Geico In …
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 profiled…
Insurance Road Assistance Services Market Is Booming Worldwide | Travelers Insur …
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 the…
Agriculture Crop Insurance Market Type (MPCI Insurance, Hail Insurance, Livestoc …
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 market…
Household Insurance Market By Key Players: Discount Insurance Home Insurance, On …
Household Insurance Industry Overview
The Household Insurance market research study relies upon a combination of primary as well as secondary research. It throws light on the key factors concerned with generating and limiting Household Insurance market growth. In addition, the current mergers and acquisition by key players in the market have been described at length. Additionally, the historical information and current growth of the market have been given in the scope of the research report. The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Household Insurance market…
Life Insurance Market in Kuwait By Warba Insurance Company, Al Ahleia Insurance …
GlobalData’s '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 also…
