Travel Insurance Market Report – Research, Industry Analysis Reports and Market Demands

Global Travel Insurance Market 2025 by Company, Regions, Type and Application, Forecast to 2031

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Table of Content

1 Market Overview

1.1 Product Overview and Scope
1.2 Market Estimation Caveats and Base Year
1.3 Classification of Travel Insurance by Type
- 1.3.1 Overview: Global Travel Insurance Market Size by Type: 2020 Versus 2024 Versus 2031
- 1.3.2 Global Travel Insurance Consumption Value Market Share by Type in 2024
- 1.3.3 Trip Cancellation
- 1.3.4 Trip Delay
- 1.3.5 Medical Expense
- 1.3.6 Property Damage
- 1.3.7 Other
1.4 Global Travel Insurance Market by Application
- 1.4.1 Overview: Global Travel Insurance Market Size by Application: 2020 Versus 2024 Versus 2031
- 1.4.2 Family Traveler
- 1.4.3 Senior Citizens
- 1.4.4 Business Traveler
- 1.4.5 Other
1.5 Global Travel Insurance Market Size & Forecast
1.6 Global Travel Insurance Market Size and Forecast by Region
- 1.6.1 Global Travel Insurance Market Size by Region: 2020 VS 2024 VS 2031
- 1.6.2 Global Travel Insurance Market Size by Region, (2020-2031)
- 1.6.3 North America Travel Insurance Market Size and Prospect (2020-2031)
- 1.6.4 Europe Travel Insurance Market Size and Prospect (2020-2031)
- 1.6.5 Asia-Pacific Travel Insurance Market Size and Prospect (2020-2031)
- 1.6.6 South America Travel Insurance Market Size and Prospect (2020-2031)
- 1.6.7 Middle East & Africa Travel Insurance Market Size and Prospect (2020-2031)

2 Company Profiles

3 Market Competition, by Players

3.1 Global Travel Insurance Revenue and Share by Players (2020-2025)
3.2 Market Share Analysis (2024)
- 3.2.1 Market Share of Travel Insurance by Company Revenue
- 3.2.2 Top 3 Travel Insurance Players Market Share in 2024
- 3.2.3 Top 6 Travel Insurance Players Market Share in 2024
3.3 Travel Insurance Market: Overall Company Footprint Analysis
- 3.3.1 Travel Insurance Market: Region Footprint
- 3.3.2 Travel Insurance Market: Company Product Type Footprint
- 3.3.3 Travel Insurance Market: Company Product Application Footprint
3.4 New Market Entrants and Barriers to Market Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations

4 Market Size Segment by Type

4.1 Global Travel Insurance Consumption Value and Market Share by Type (2020-2025)
4.2 Global Travel Insurance Market Forecast by Type (2026-2031)

5 Market Size Segment by Application

5.1 Global Travel Insurance Consumption Value Market Share by Application (2020-2025)
5.2 Global Travel Insurance Market Forecast by Application (2026-2031)

6 North America

6.1 North America Travel Insurance Consumption Value by Type (2020-2031)
6.2 North America Travel Insurance Market Size by Application (2020-2031)
6.3 North America Travel Insurance Market Size by Country
- 6.3.1 North America Travel Insurance Consumption Value by Country (2020-2031)
- 6.3.2 United States Travel Insurance Market Size and Forecast (2020-2031)
- 6.3.3 Canada Travel Insurance Market Size and Forecast (2020-2031)
- 6.3.4 Mexico Travel Insurance Market Size and Forecast (2020-2031)

7 Europe

7.1 Europe Travel Insurance Consumption Value by Type (2020-2031)
7.2 Europe Travel Insurance Consumption Value by Application (2020-2031)
7.3 Europe Travel Insurance Market Size by Country
- 7.3.1 Europe Travel Insurance Consumption Value by Country (2020-2031)
- 7.3.2 Germany Travel Insurance Market Size and Forecast (2020-2031)
- 7.3.3 France Travel Insurance Market Size and Forecast (2020-2031)
- 7.3.4 United Kingdom Travel Insurance Market Size and Forecast (2020-2031)
- 7.3.5 Russia Travel Insurance Market Size and Forecast (2020-2031)
- 7.3.6 Italy Travel Insurance Market Size and Forecast (2020-2031)

8 Asia-Pacific

8.1 Asia-Pacific Travel Insurance Consumption Value by Type (2020-2031)
8.2 Asia-Pacific Travel Insurance Consumption Value by Application (2020-2031)
8.3 Asia-Pacific Travel Insurance Market Size by Region
- 8.3.1 Asia-Pacific Travel Insurance Consumption Value by Region (2020-2031)
- 8.3.2 China Travel Insurance Market Size and Forecast (2020-2031)
- 8.3.3 Japan Travel Insurance Market Size and Forecast (2020-2031)
- 8.3.4 South Korea Travel Insurance Market Size and Forecast (2020-2031)
- 8.3.5 India Travel Insurance Market Size and Forecast (2020-2031)
- 8.3.6 Southeast Asia Travel Insurance Market Size and Forecast (2020-2031)
- 8.3.7 Australia Travel Insurance Market Size and Forecast (2020-2031)

9 South America

9.1 South America Travel Insurance Consumption Value by Type (2020-2031)
9.2 South America Travel Insurance Consumption Value by Application (2020-2031)
9.3 South America Travel Insurance Market Size by Country
- 9.3.1 South America Travel Insurance Consumption Value by Country (2020-2031)
- 9.3.2 Brazil Travel Insurance Market Size and Forecast (2020-2031)
- 9.3.3 Argentina Travel Insurance Market Size and Forecast (2020-2031)

10 Middle East & Africa

10.1 Middle East & Africa Travel Insurance Consumption Value by Type (2020-2031)
10.2 Middle East & Africa Travel Insurance Consumption Value by Application (2020-2031)
10.3 Middle East & Africa Travel Insurance Market Size by Country
- 10.3.1 Middle East & Africa Travel Insurance Consumption Value by Country (2020-2031)
- 10.3.2 Turkey Travel Insurance Market Size and Forecast (2020-2031)
- 10.3.3 Saudi Arabia Travel Insurance Market Size and Forecast (2020-2031)
- 10.3.4 UAE Travel Insurance Market Size and Forecast (2020-2031)

11 Market Dynamics

11.1 Travel Insurance Market Drivers
11.2 Travel Insurance Market Restraints
11.3 Travel Insurance Trends Analysis
11.4 Porters Five Forces Analysis
- 11.4.1 Threat of New Entrants
- 11.4.2 Bargaining Power of Suppliers
- 11.4.3 Bargaining Power of Buyers
- 11.4.4 Threat of Substitutes
- 11.4.5 Competitive Rivalry

12 Industry Chain Analysis

12.1 Travel Insurance Industry Chain
12.2 Travel Insurance Upstream Analysis
12.3 Travel Insurance Midstream Analysis
12.4 Travel Insurance Downstream Analysis

13 Research Findings and Conclusion

14 Appendix

14.1 Methodology
14.2 Research Process and Data Source

Description

According to our (Global Info Research) latest study, the global Travel Insurance market size was valued at US$ 24290 million in 2024 and is forecast to a readjusted size of USD 37190 million by 2031 with a CAGR of 6.3% during review period.
Travel insurance is a product focused on protecting policyholders against specified losses, accidents or other adverse events, which may occur before or during travel. Examples include trip cancellation/interruption, overseas medical expenses for injury or illness, theft of valuables, and baggage delay or damage. Many travel insurance policies also include the provision of emergency medical assistance services, such as call center operating 24 hours, seven days a week, and an international network of specialist health care providers.
There are standard general exclusions and invalidations on most types of travel insurance policies (for example, self‑inﬂicted injury, acts of terrorism, non‑approved pre‑existing medical conditions, “dangerous” or extreme activities, and policyholders being under the inﬂuence of alcohol or drugs). Travel insurance is generally available in two forms: (i) as a single-trip insurance policy, which provides cover for a specific trip and is matched to the exact characteristic of the trip (e.g. number of travelling days and destination) and (ii) as an annual insurance policy, which covers multiple trips in a year. Travel insurance can be purchased from travel agents, travel suppliers (airlines, hotels, cruise lines, tour operators) a private insurance firm, insurance brokers, or online. The GWP in this report all refer to the Gross written premium from Travel Insurance. The characteristics of fine travel insurance unit of measurement as follow:
The main global Travel Insurance players include Allianz, Munich Re Group, AIG, etc. The top three Travel Insurance players account for approximately 30% of the total global market. Asia-Pacific is the largest consumer market for Travel Insurance, accounting for about 26%, followed by Europe and North America. In terms of product, Trip Cancellation is the largest segment, with a share about 45%. And in terms of application, the largest application is Family Traveler, followed by Business Traveler.
This report is a detailed and comprehensive analysis for global Travel Insurance market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Travel Insurance market size and forecasts, in consumption value ($ Million), 2020-2031
Global Travel Insurance market size and forecasts by region and country, in consumption value ($ Million), 2020-2031
Global Travel Insurance market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031
Global Travel Insurance market shares of main players, in revenue ($ Million), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Travel Insurance
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Travel Insurance market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Allianz, Munich Re Group, AIG, Assicurazioni Generali, Prudential, ACE&Chubb, Manulife, UnitedHealthcare Global, Mapfre, AXA, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Travel Insurance market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Trip Cancellation
Trip Delay
Medical Expense
Property Damage
Other
Market segment by Application
Family Traveler
Senior Citizens
Business Traveler
Other
Market segment by players, this report covers
Allianz
Munich Re Group
AIG
Assicurazioni Generali
Prudential
ACE&Chubb
Manulife
UnitedHealthcare Global
Mapfre
AXA
Tokio Marine Holdings
China Pacific insurance
Hanse Merkur
Ping An Insurance (Group) Company of China
People's insurance company of China
China Life
Sompo Japan Nipponkoa
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Travel Insurance product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Travel Insurance, with revenue, gross margin, and global market share of Travel Insurance from 2020 to 2025.
Chapter 3, the Travel Insurance competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and Travel Insurance market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Travel Insurance.
Chapter 13, to describe Travel Insurance research findings and conclusion.

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