Global CFAR Travel Insurance Market Growth (Status and Outlook) 2025-2031

The global CFAR Travel Insurance market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

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.

LPI (LP Information)' newest research report, the “CFAR Travel Insurance Industry Forecast” looks at past sales and reviews total world CFAR Travel Insurance sales in 2024, providing a comprehensive analysis by region and market sector of projected CFAR Travel Insurance sales for 2025 through 2031. With CFAR Travel Insurance sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world CFAR Travel Insurance industry.

This Insight Report provides a comprehensive analysis of the global CFAR Travel Insurance landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on CFAR Travel Insurance portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global CFAR Travel Insurance market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for CFAR Travel Insurance and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global CFAR Travel Insurance.

This report presents a comprehensive overview, market shares, and growth opportunities of CFAR Travel Insurance market by product type, application, key players and key regions and countries.

Segmentation by Type:
Business Travel Insurance
Student Travel Insurance
Senior Travel Insurance
Adventure Travel Insurance
Other

Segmentation by Application:
Individual
Family
Enterprise

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
AXA Assistance
IMG
John Hancock Insurance
Nationwide
Seven Corners
HTH Travel Insurance
Cat 70
GoReady
Tin Leg
Travelex Insurance
USI Affinity
Travel Guard
VisitorCoverage
Trawick
Insubuy
AIG
Battleface
CIS Abroad
C&F Travel Insured
travelsafe
WorldTrips
Manulife
TuGo
Berkshire Hathaway Travel Protection
Generali

Please note: The report will take approximately 2 business days to prepare and deliver.