Travel Insurance Market Size, Share & Industry Analysis, By Travel Type (Single Trip, Annual or Multi-Trip, and Long Stay), By Insurance Type (Medical & Accident Insurance, Travel & Baggage Insurance, Trip Insurance, and Others), By Distribution Channel (Online and Offline), By End User Age Group (Millennials or Youth, Mid-Aged Group and Senior Citizen), and Regional Forecast, 2025 – 2032

ATTRIBUTE

DETAILS

Study Period

2019-2032

Base Year

2024

Estimated Year

2025

Forecast Period

2025-2032

Historical Period

2019-2023

Growth Rate

CAGR of 17.6% from 2025 to 2032

Unit

Value (USD Billion)

Segmentation

By Travel Type

• Single Trip
• Annual or Multi-Trip
• Long Stay

By Insurance Type

• Medical & Accident Insurance
• Travel & Baggage Insurance
• Trip Insurance
• Others

By Distribution Channel

• Online
• Offline

By End User Age Group

• Millennials or Youth
• Mid-Aged Group
• Senior Citizen

By Region

• North America (By Travel Type, By Insurance Type, By Distribution Channel, By End User Age Group, and By Country)
  • U.S.
  • Canada
  • Mexico
• Europe (By Travel Type, By Insurance Type, By Distribution Channel, By End User Age Group, and By Country)
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • BENELUX
  • Nordics
  • Russia
  • Rest of Europe
• Asia Pacific (By Travel Type, By Insurance Type, By Distribution Channel, By End User Age Group, and By Country)
  • China
  • India
  • Japan
  • South Korea
  • ASEAN
  • Oceania
  • Rest of Asia Pacific
• South America (By Travel Type, By Insurance Type, By Distribution Channel, By End User Age Group, and By Country)
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa (By Travel Type, By Insurance Type, By Distribution Channel, By End User Age Group, and By Country)
  • GCC Countries
  • South Africa
  • Israel
  • Turkey
  • Rest of Middle East & Africa

Companies Profiled in the Report

Allianz Global Assistance (Germany), AXA Assistance (France), Generali Global Assistance (Italy), Zurich Insurance Group (Switzerland), Chubb Travel Insurance (Switzerland), Tokio Marine HCC(Japan), Mapfre Assistance (Spain), MetLife (USA), Ping An Insurance Company of China (China), and Delphi Financial Group (U.S.)