Research Summary
Travel insurance is a financial product designed to provide coverage and protection for individuals undertaking trips, whether domestic or international. This type of insurance typically offers a range of benefits to travelers, including coverage for trip cancellations or interruptions, medical emergencies, lost or delayed baggage, and other unexpected events. Travel insurance policies vary in terms of coverage limits, exclusions, and specific offerings, allowing travelers to choose plans that align with their needs and preferences. The purpose of travel insurance is to mitigate financial risks associated with unforeseen events during a trip, offering peace of mind to travelers and helping them cope with unexpected expenses or disruptions. It is advisable for individuals embarking on journeys, especially those involving international travel, to consider purchasing travel insurance to safeguard themselves against various unforeseen circumstances.
According to DIResearch's in-depth investigation and research, the global Travel Insurance market size was valued at XX Million USD in 2024 and is projected to reach XX Million USD by 2032, with a CAGR of XX% (2025-2032). Notably, the China market has changed rapidly in the past few years. By 2024, China's market size is expected to be XX Million USD, representing approximately XX% of the global market share. By 2032, it is anticipated to grow further to XX Million USD, contributing XX% to the worldwide market share.
The major global manufacturers of Travel Insurance include 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 etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Travel Insurance. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Travel Insurance market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the Travel Insurance market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Travel Insurance industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Travel Insurance Include:
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
Travel Insurance Product Segment Include:
Trip Cancellation
Trip Delay
Medical Expense
Property Damage
Others
Travel Insurance Product Application Include:
Family Traveler
Senior Citizens
Business Traveler
Other
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends
Chapter 2: Global Travel Insurance Industry PESTEL Analysis
Chapter 3: Global Travel Insurance Industry Porter’s Five Forces Analysis
Chapter 4: Global Travel Insurance Major Regional Market Size and Forecast Analysis
Chapter 5: Global Travel Insurance Market Size and Forecast by Type and Application Analysis
Chapter 6: North America Passenger Travel Insurance Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 7: Europe Travel Insurance Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 8: China Travel Insurance Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 9: APAC (Excl. China) Travel Insurance Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 10: Latin America Travel Insurance Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 11: Middle East and Africa Travel Insurance Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 12: Global Travel Insurance Competitive Analysis of Key Manufacturers (Revenue, Market Share, Regional Distribution and Industry Concentration)
Chapter 13: Key Company Profiles (Product Portfolio, Revenue and Gross Margin)
Chapter 14: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers
Chapter 15: Research Findings and Conclusion
Chapter 16: Methodology and Data Sources
- 1 Travel Insurance Market Overview
- 1.1 Product Definition and Statistical Scope
- 1.2 Travel Insurance Product by Type
- 1.2.1 Trip Cancellation
- 1.2.2 Trip Delay
- 1.2.3 Medical Expense
- 1.2.4 Property Damage
- 1.2.5 Others
- 1.3 Travel Insurance Product by Application
- 1.3.1 Family Traveler
- 1.3.2 Senior Citizens
- 1.3.3 Business Traveler
- 1.3.4 Other
- 1.4 Global Travel Insurance Market Size Analysis (2020-2032)
- 1.5 Travel Insurance Market Development Status and Trends
- 1.5.1 Travel Insurance Industry Development Status Analysis
- 1.5.2 Travel Insurance Industry Development Trends Analysis
- 2 Travel Insurance Market PESTEL Analysis
- 2.1 Political Factors Analysis
- 2.2 Economic Factors Analysis
- 2.3 Social Factors Analysis
- 2.4 Technological Factors Analysis
- 2.5 Environmental Factors Analysis
- 2.6 Legal Factors Analysis
- 3 Travel Insurance Market Porter's Five Forces Analysis
- 3.1 Competitive Rivalry
- 3.2 Threat of New Entrants
- 3.3 Bargaining Power of Suppliers
- 3.4 Bargaining Power of Buyers
- 3.5 Threat of Substitutes
- 4 Global Travel Insurance Market Analysis by Regions
- 4.1 Global Travel Insurance Overall Market: 2024 VS 2025 VS 2032
- 4.2 Global Travel Insurance Revenue and Forecast Analysis (2020-2032)
- 4.2.1 Global Travel Insurance Revenue and Market Share by Region (2020-2025)
- 4.2.2 Global Travel Insurance Revenue Forecast by Region (2026-2032)
- 5 Global Travel Insurance Market Size by Type and Application
- 5.1 Global Travel Insurance Market Size by Type (2020-2032)
- 5.2 Global Travel Insurance Market Size by Application (2020-2032)
- 6 North America
- 6.1 North America Travel Insurance Market Size and Growth Rate Analysis (2020-2032)
- 6.2 North America Key Manufacturers Analysis
- 6.3 North America Travel Insurance Market Size by Type
- 6.4 North America Travel Insurance Market Size by Application
- 6.5 North America Travel Insurance Market Size by Country
- 6.5.1 US
- 6.5.2 Canada
- 7 Europe
- 7.1 Europe Travel Insurance Market Size and Growth Rate Analysis (2020-2032)
- 7.2 Europe Key Manufacturers Analysis
- 7.3 Europe Travel Insurance Market Size by Type
- 7.4 Europe Travel Insurance Market Size by Application
- 7.5 Europe Travel Insurance Market Size by Country
- 7.5.1 Germany
- 7.5.2 France
- 7.5.3 United Kingdom
- 7.5.4 Italy
- 7.5.5 Spain
- 7.5.6 Benelux
- 8 China
- 8.1 China Travel Insurance Market Size and Growth Rate Analysis (2020-2032)
- 8.2 China Key Manufacturers Analysis
- 8.3 China Travel Insurance Market Size by Type
- 8.4 China Travel Insurance Market Size by Application
- 9 APAC (excl. China)
- 9.1 APAC (excl. China) Travel Insurance Market Size and Growth Rate Analysis (2020-2032)
- 9.2 APAC (excl. China) Key Manufacturers Analysis
- 9.3 APAC (excl. China) Travel Insurance Market Size by Type
- 9.4 APAC (excl. China) Travel Insurance Market Size by Application
- 9.5 APAC (excl. China) Travel Insurance Market Size by Country
- 9.5.1 Japan
- 9.5.2 South Korea
- 9.5.3 India
- 9.5.4 Australia
- 9.5.5 Southeast Asia
- 10 Latin America
- 10.1 Latin America Travel Insurance Market Size and Growth Rate Analysis (2020-2032)
- 10.2 Latin America Key Manufacturers Analysis
- 10.3 Latin America Travel Insurance Market Size by Type
- 10.4 Latin America Travel Insurance Market Size by Application
- 10.5 Latin America Travel Insurance Market Size by Country
- 10.5.1 Mexico
- 10.5.2 Brazil
- 11 Middle East & Africa
- 11.1 Middle East & Africa Travel Insurance Market Size and Growth Rate Analysis (2020-2032)
- 11.2 Middle East & Africa Key Manufacturers Analysis
- 11.3 Middle East & Africa Travel Insurance Market Size by Type
- 11.4 Middle East & Africa Travel Insurance Market Size by Application
- 11.5 Middle East & Africa Travel Insurance Market Size by Country
- 11.5.1 Saudi Arabia
- 11.5.2 South Africa
- 12 Competition by Manufacturers
- 12.1 Global Travel Insurance Market Revenue by Key Manufacturers (2021-2025)
- 12.2 Travel Insurance Competitive Landscape Analysis and Market Dynamic
- 12.2.1 Travel Insurance Competitive Landscape Analysis
- 12.2.2 Global Key Manufacturers Headquarter Location and Key Area Sales
- 12.2.3 Market Dynamic
- 13 Key Companies Analysis
- 13.1 Allianz
- 13.1.1 Allianz Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.1.2 Allianz Travel Insurance Product Portfolio
- 13.1.3 Allianz Travel Insurance Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.2 Munich Re Group
- 13.2.1 Munich Re Group Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.2.2 Munich Re Group Travel Insurance Product Portfolio
- 13.2.3 Munich Re Group Travel Insurance Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.3 AIG
- 13.3.1 AIG Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.3.2 AIG Travel Insurance Product Portfolio
- 13.3.3 AIG Travel Insurance Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.4 Assicurazioni Generali
- 13.4.1 Assicurazioni Generali Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.4.2 Assicurazioni Generali Travel Insurance Product Portfolio
- 13.4.3 Assicurazioni Generali Travel Insurance Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.5 Prudential
- 13.5.1 Prudential Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.5.2 Prudential Travel Insurance Product Portfolio
- 13.5.3 Prudential Travel Insurance Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.6 ACE&Chubb
- 13.6.1 ACE&Chubb Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.6.2 ACE&Chubb Travel Insurance Product Portfolio
- 13.6.3 ACE&Chubb Travel Insurance Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.7 Manulife
- 13.7.1 Manulife Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.7.2 Manulife Travel Insurance Product Portfolio
- 13.7.3 Manulife Travel Insurance Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.8 UnitedHealthcare Global
- 13.8.1 UnitedHealthcare Global Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.8.2 UnitedHealthcare Global Travel Insurance Product Portfolio
- 13.8.3 UnitedHealthcare Global Travel Insurance Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.9 Mapfre
- 13.9.1 Mapfre Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.9.2 Mapfre Travel Insurance Product Portfolio
- 13.9.3 Mapfre Travel Insurance Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.10 AXA
- 13.10.1 AXA Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.10.2 AXA Travel Insurance Product Portfolio
- 13.10.3 AXA Travel Insurance Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.11 Tokio Marine Holdings
- 13.11.1 Tokio Marine Holdings Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.11.2 Tokio Marine Holdings Travel Insurance Product Portfolio
- 13.11.3 Tokio Marine Holdings Travel Insurance Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.12 China Pacific insurance
- 13.12.1 China Pacific insurance Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.12.2 China Pacific insurance Travel Insurance Product Portfolio
- 13.12.3 China Pacific insurance Travel Insurance Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.13 Hanse Merkur
- 13.13.1 Hanse Merkur Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.13.2 Hanse Merkur Travel Insurance Product Portfolio
- 13.13.3 Hanse Merkur Travel Insurance Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.14 Ping An Insurance (Group) Company of China
- 13.14.1 Ping An Insurance (Group) Company of China Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.14.2 Ping An Insurance (Group) Company of China Travel Insurance Product Portfolio
- 13.14.3 Ping An Insurance (Group) Company of China Travel Insurance Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.15 People＇s insurance company of China
- 13.15.1 People＇s insurance company of China Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.15.2 People＇s insurance company of China Travel Insurance Product Portfolio
- 13.15.3 People＇s insurance company of China Travel Insurance Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.16 China Life
- 13.16.1 China Life Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.16.2 China Life Travel Insurance Product Portfolio
- 13.16.3 China Life Travel Insurance Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.17 Sompo Japan Nipponkoa
- 13.17.1 Sompo Japan Nipponkoa Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.17.2 Sompo Japan Nipponkoa Travel Insurance Product Portfolio
- 13.17.3 Sompo Japan Nipponkoa Travel Insurance Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 14 Industry Chain Analysis
- 14.1 Travel Insurance Industry Chain Analysis
- 14.2 Travel Insurance Industry Raw Material and Suppliers Analysis
- 14.2.1 Travel Insurance Key Raw Material Supply Analysis
- 14.2.2 Raw Material Suppliers and Contact Information
- 14.3 Travel Insurance Typical Downstream Customers
- 14.4 Travel Insurance Sales Channel Analysis
- 15 Research Findings and Conclusion
- 16 Methodology and Data Source
- 16.1 Methodology/Research Approach
- 16.2 Research Scope
- 16.3 Benchmarks and Assumptions
- 16.4 Date Source
- 16.4.1 Primary Sources
- 16.4.2 Secondary Sources
- 16.5 Data Cross Validation
- 16.6 Disclaimer
Research Assistance
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook