The global travel insurance market size is estimated at USD 27.14 billion in 2025 and is predicted to reach around USD 98.74 billion by 2034, accelerating at a CAGR of 15.43% from 2025 to 2034. The Europe travel insurance market size accounted for USD 10.31 billion in 2025 and is expanding at a CAGR of 15.56% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
3.1. Market Snapshot
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
5.1. COVID-19 Landscape: Travel Insurance Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
8.1. Travel Insurance Market, by Insurance Coverage
8.1.1 Single Trip Travel Insurance
8.1.1.1. Market Revenue and Forecast
8.1.2. Annual Multi-Trip Travel Insurance
8.1.2.1. Market Revenue and Forecast
8.1.3. Long Stay Travel Insurance
8.1.3.1. Market Revenue and Forecast
9.1. Travel Insurance Market, by Distribution Channel
9.1.1. Insurance Intermediaries
9.1.1.1. Market Revenue and Forecast
9.1.2. Insurance Companies
9.1.2.1. Market Revenue and Forecast
9.1.3. Banks
9.1.3.1. Market Revenue and Forecast
9.1.4. Insurance Brokers
9.1.4.1. Market Revenue and Forecast
9.1.5. Insurance Aggregators
9.1.5.1. Market Revenue and Forecast
10.1. Travel Insurance Market, by End-users
10.1.1. Education Travelers
10.1.1.1. Market Revenue and Forecast
10.1.2. Business Travelers
10.1.2.1. Market Revenue and Forecast
10.1.3. Senior Citizens
10.1.3.1. Market Revenue and Forecast
10.1.4. Family Travelers
10.1.4.1. Market Revenue and Forecast
10.1.5. Others
10.1.5.1. Market Revenue and Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Insurance Coverage
11.1.2. Market Revenue and Forecast, by Distribution Channel
11.1.3. Market Revenue and Forecast, by End-users
11.1.4. U.S.
11.1.4.1. Market Revenue and Forecast, by Insurance Coverage
11.1.4.2. Market Revenue and Forecast, by Distribution Channel
11.1.4.3. Market Revenue and Forecast, by End-users
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Forecast, by Insurance Coverage
11.1.5.2. Market Revenue and Forecast, by Distribution Channel
11.1.5.3. Market Revenue and Forecast, by End-users
11.2. Europe
11.2.1. Market Revenue and Forecast, by Insurance Coverage
11.2.2. Market Revenue and Forecast, by Distribution Channel
11.2.3. Market Revenue and Forecast, by End-users
11.2.4. UK
11.2.4.1. Market Revenue and Forecast, by Insurance Coverage
11.2.4.2. Market Revenue and Forecast, by Distribution Channel
11.2.4.3. Market Revenue and Forecast, by End-users
11.2.5. Germany
11.2.5.1. Market Revenue and Forecast, by Insurance Coverage
11.2.5.2. Market Revenue and Forecast, by Distribution Channel
11.2.5.3. Market Revenue and Forecast, by End-users
11.2.6. France
11.2.6.1. Market Revenue and Forecast, by Insurance Coverage
11.2.6.2. Market Revenue and Forecast, by Distribution Channel
11.2.6.3. Market Revenue and Forecast, by End-users
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Forecast, by Insurance Coverage
11.2.7.2. Market Revenue and Forecast, by Distribution Channel
11.2.7.3. Market Revenue and Forecast, by End-users
11.3. APAC
11.3.1. Market Revenue and Forecast, by Insurance Coverage
11.3.2. Market Revenue and Forecast, by Distribution Channel
11.3.3. Market Revenue and Forecast, by End-users
11.3.4. India
11.3.4.1. Market Revenue and Forecast, by Insurance Coverage
11.3.4.2. Market Revenue and Forecast, by Distribution Channel
11.3.4.3. Market Revenue and Forecast, by End-users
11.3.5. China
11.3.5.1. Market Revenue and Forecast, by Insurance Coverage
11.3.5.2. Market Revenue and Forecast, by Distribution Channel
11.3.5.3. Market Revenue and Forecast, by End-users
11.3.6. Japan
11.3.6.1. Market Revenue and Forecast, by Insurance Coverage
11.3.6.2. Market Revenue and Forecast, by Distribution Channel
11.3.6.3. Market Revenue and Forecast, by End-users
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Forecast, by Insurance Coverage
11.3.7.2. Market Revenue and Forecast, by Distribution Channel
11.3.7.3. Market Revenue and Forecast, by End-users
11.4. MEA
11.4.1. Market Revenue and Forecast, by Insurance Coverage
11.4.2. Market Revenue and Forecast, by Distribution Channel
11.4.3. Market Revenue and Forecast, by End-users
11.4.4. GCC
11.4.4.1. Market Revenue and Forecast, by Insurance Coverage
11.4.4.2. Market Revenue and Forecast, by Distribution Channel
11.4.4.3. Market Revenue and Forecast, by End-users
11.4.5. North Africa
11.4.5.1. Market Revenue and Forecast, by Insurance Coverage
11.4.5.2. Market Revenue and Forecast, by Distribution Channel
11.4.5.3. Market Revenue and Forecast, by End-users
11.4.6. South Africa
11.4.6.1. Market Revenue and Forecast, by Insurance Coverage
11.4.6.2. Market Revenue and Forecast, by Distribution Channel
11.4.6.3. Market Revenue and Forecast, by End-users
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Forecast, by Insurance Coverage
11.4.7.2. Market Revenue and Forecast, by Distribution Channel
11.4.7.3. Market Revenue and Forecast, by End-users
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Insurance Coverage
11.5.2. Market Revenue and Forecast, by Distribution Channel
11.5.3. Market Revenue and Forecast, by End-users
11.5.4. Brazil
11.5.4.1. Market Revenue and Forecast, by Insurance Coverage
11.5.4.2. Market Revenue and Forecast, by Distribution Channel
11.5.4.3. Market Revenue and Forecast, by End-users
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Forecast, by Insurance Coverage
11.5.5.2. Market Revenue and Forecast, by Distribution Channel
11.5.5.3. Market Revenue and Forecast, by End-users
12.1. Ping An Insurance (Group) Company of China, Limited
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Delphi Financial Group, Inc.
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Zurich Insurance Group AG
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Travel Insured International
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Seven Corners, Inc.
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Battleface
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. USI Insurance Services, LLC.
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. ASSICURAZIONI GENERALI S.P.A.
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. AXA Travel Insurance
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. American International Group, Inc. (AIG)
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
14.1. About Us
14.2. Glossary of Terms
For questions or customization requests, please reach out to us at sales@precedenceresearch.com
Plan your call and get expert insights!
Schedule a Meeting
No cookie-cutter, only authentic analysis – take the 1st step to become a Precedence Research client
Report Description
Get a Sample