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Travel Insurance Market 2023 : By Share, Size, Growth, Segments, Revenue And Top Manufacturers Analysis

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Travel Insurance Market 2023 : By Share, Size, Growth, Segments, Revenue And Top Manufacturers Analysis

The Business Research Company’s Travel Insurance Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Travel Insurance Global Market Report 2023 evaluates travel insurance market size, growth rate, drivers, trends, and major companies.


The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.


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The global travel insurance market size grew from $19.14 billion in 2022 to $22.44 billion in 2023 at a compound annual growth rate (CAGR) of 17.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The travel insurance market size is expected to grow to $40.58 billion in 2027 at a CAGR of 16.0%.


The travel insurance market segments in the report are:

By Type




By Insurance Cover

Single-Trip Travel Insurance

Annual Multi-Trip Travel Insurance

Long-Stay Travel Insurance


By Coverage

Medical Expenses

Trip Cancellation

Trip Delay

Property Damage

Other Coverages


By End User

Senior Citizens

Corporate Travelers

Family Travelers

Education Travelers

Other End-Users


By Distribution Channel

Insurance Intermediaries

Insurance Companies


Insurance Brokers

Other Distribution Channels


Asia-Pacific was the largest region in the travel insurance market in 2022.


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The table of contents in TBRC’s travel insurance market report includes:

1. Executive Summary

2. Pet Insurance Market Characteristics

3. Pet Insurance Market Trends And Strategies

4. Pet Insurance – Macro Economic Scenario

5. Pet Insurance Market Size And Growth


26. Africa Pet Insurance Market

27. Pet Insurance Market Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions In The Pet Insurance Market

29. Pet Insurance Market Future Outlook and Potential Analysis

30. Appendix


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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.

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