Asia Pacific travel insurance market will grow by 9.7% annually with a total addressable market cap of USD 118.38 billion over 2021-2030 driven by the rising disposable income, increasing business travels and availability of online travel booking platforms and mobile devices, as well as the rising property loss and flight cancelations amid COVID-19 pandemic.
Highlighted with 29 tables and 51 figures, this 104-page report Asia Pacific Travel Insurance Market 2020-2030 by Travel Type, Application, Coverage, End User, Distribution Channel, and Country: Trend Forecast and Growth Opportunity is based on a comprehensive research of the entire Asia Pacific travel insurance market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2017-2019 and provides estimate and forecast from 2020 till 2030 with 2019 as the base year. (The year 2020 is not appropriate for research base due to the outbreak of COVID-19.)
In-depth qualitative analyses include identification and investigation of the following aspects:
Market Structure
Growth Drivers
Restraints and Challenges
Emerging Product Trends & Market Opportunities
Porter’s Fiver Forces
The trend and outlook of Asia Pacific market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify Asia Pacific travel insurance market in every aspect of the classification from perspectives of Travel Type, Application, Coverage, End User, Distribution Channel, and Country.
Based on Travel Type, the Asia Pacific market is segmented into the following sub-markets with annual revenue (USD mn) for 2019-2030 included in each primary section.
Single-trip Travel Insurance
Annual Multi-trip Travel Insurance
Long-stay Travel Insurance
Based on Application, the Asia Pacific market is segmented into the following sub-markets with annual revenue (USD mn) for 2019-2030 included in each primary section.
Domestic Travel
International Travel
Based on Coverage, the Asia Pacific market is segmented into the following sub-markets with annual revenue (USD mn) for 2019-2030 included in each primary section.
Medical Insurance
Trip Cancellation & Delay Insurance
Property Loss & Damage Insurance
Other Coverages
Based on End User, the Asia Pacific market is segmented into the following sub-markets with annual revenue (USD mn) for 2019-2030 included in each primary section.
Family Travelers
Senior Citizens
Business Travelers
Education Travelers
Backpackers
Other End Users
Based on Distribution Channel, the Asia Pacific market is segmented into the following sub-markets with annual revenue (USD mn) for 2019-2030 included in each primary section.
Insurance Intermediaries
Insurance Companies
For each key country, detailed analysis and data for annual revenue (USD mn) are available for 2019-2030. The breakdown of key national markets by Travel Type, Coverage, and End User over the forecast years is also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
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Asia Pacific Travel Insurance Market Research Report
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