Personal Travel Insurance Market

Global Personal Travel Insurance Market Roadmap to 2030

Global Personal Travel Insurance is segmented by Application (Travel Agencies, Online Travel, Corporate Travel, Insurance Providers, Tourists), Type (Trip Cancellation, Medical Insurance, Travel Accident, Baggage Insurance, Flight Delay Insurance) and Geography(North America, LATAM, West Europe, Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA)

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INDUSTRY OVERVIEW

The Personal Travel Insurance market is experiencing robust growth, projected to achieve a compound annual growth rate CAGR of 5.00% during the forecast period. Valued at USD12Billion, the market is expected to reach USD18Billion by 2030, with a year-on-year growth rate of 6.00%. This upward trajectory is driven by factors such as evolving consumer preferences, technological advancements, and increased investment in innovation, positioning the market for significant expansion in the coming years. Companies should strategically focus on enhancing their offerings and exploring new market opportunities to capitalize on this growth potential.

Personal Travel Insurance Market Size in (USD Billion) CAGR Growth Rate 5.00%

Study Period 2019-2030
Market Size (2023): USD12Billion
Market Size (2030): USD18Billion
CAGR (2023 - 2030): 5.00%
Fastest Growing Region Asia-Pacific
Dominating Region North America
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The personal travel insurance market offers coverage for various risks during travel, including trip cancellation, medical emergencies, lost baggage, and accidents. It is growing as consumers seek more security and peace of mind while traveling.



Regulatory Framework

The Information and Communications Technology (ICT) industry is primarily regulated by the Federal Communications Commission (FCC) in the United States, along with other national and international regulatory bodies. The FCC oversees the allocation of spectrum, ensures compliance with telecommunications laws, and fosters fair competition within the sector. It also establishes guidelines for data privacy, cybersecurity, and service accessibility, which are crucial for maintaining industry standards and protecting consumer interests.
Globally, various regulatory agencies, such as the European Telecommunications Standards Institute (ETSI) and the International Telecommunication Union (ITU), play significant roles in standardizing practices and facilitating international cooperation. These bodies work together to create a cohesive regulatory framework that addresses emerging technologies, cross-border data flow, and infrastructure development. Their regulations aim to ensure the ICT industry's growth is both innovative and compliant with global standards, promoting a secure and competitive market environment.
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Key Highlights

•    The Personal Travel Insurance is growing at a CAGR of 5.00% during the forecasted period of 2019 to 2030
•    Year on Year growth for the market is 6.00%
•    Based on type, the market is bifurcated into Trip Cancellation, Medical Insurance, Travel Accident, Baggage Insurance
•    Based on application, the market is segmented into Travel Agencies, Online Travel, Corporate Travel, Insurance Providers, Tourists
•    Global Import Export in terms of K Tons, K Units, and Metric Tons will be provided if Applicable based on industry best practice

Market Segmentation Analysis

Segmentation by Type


  • Trip Cancellation
  • Medical Insurance
  • Travel Accident
  • Baggage Insurance

Personal Travel Insurance Market Segmentation by Type

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Segmentation by Application
 
  • Travel Agencies
  • Online Travel
  • Corporate Travel
  • Insurance Providers
  • Tourists

Personal Travel Insurance Market Segmentation by Application

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Key Players

Several key players in the Personal Travel Insurance market are strategically focusing on expanding their operations in developing regions to capture a larger market share, particularly as the year-on-year growth rate for the market stands at 6.00%. The companies featured in this profile were selected based on insights from primary experts, evaluating their market penetration, product offerings, and geographical reach. By targeting emerging markets, these companies aim to leverage new opportunities, enhance their competitive advantage, and drive revenue growth. This approach not only aligns with their overall business objectives but also positions them to respond effectively to the evolving demands of consumers in these regions.
  • Allianz
  • AXA
  • Travel Guard
  • World Nomads
  • Berkshire Hathaway
  • InsureMyTrip
  • AIG Travel
  • Travelex
  • CSA Travel Protection
  • IMG
  • SafetyWing
  • Seven Corners
  • John Hancock
  • Squaremouth

Personal Travel Insurance Market Segmentation by Players

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Research Methodology

At HTF Market Intelligence, we pride ourselves on delivering comprehensive market research that combines both secondary and primary methodologies. Our secondary research involves rigorous analysis of existing data sources, such as industry reports, market databases, and competitive landscapes, to provide a robust foundation of market knowledge. This is complemented by our primary research services, where we gather firsthand data through surveys, interviews, and focus groups tailored specifically to your business needs. By integrating these approaches, we offer a thorough understanding of market trends, consumer behavior, and competitive dynamics, enabling you to make well-informed strategic decisions. We would welcome the opportunity to discuss how our research expertise can support your business objectives.

Market Dynamics


Market dynamics refer to the forces that influence the supply and demand of products and services within a market. These forces include factors such as consumer preferences, technological advancements, regulatory changes, economic conditions, and competitive actions. Understanding market dynamics is crucial for businesses as it helps them anticipate changes, identify opportunities, and mitigate risks.
By analyzing market dynamics, companies can better understand market trends, predict potential shifts, and develop strategic responses. This analysis enables businesses to align their product offerings, pricing strategies, and marketing efforts with evolving market conditions, ultimately leading to more informed decision-making and a stronger competitive position in the marketplace.

Market Driver

  • Growth In Niche Insurance Products
  • Demand For Global Coverage


Market Trend

  • Expansion of global travel
  • Integration with mobile apps and digital platforms

Opportunity

  • Growth In Niche Insurance Products
  • Demand For Global Coverage


Challenge

  • High Competition
  • Regulatory Barriers



Regional Outlook

The North America Region holds the largest market share in 2023 and is expected to grow at a good CAGR. The Asia-Pacific Region is the fastest-growing region due to increasing development and disposable income.


North America remains a leader, driven by innovation hubs like Silicon Valley and a strong demand for advanced technologies such as AI and cloud computing. Europe is characterized by robust regulatory frameworks and significant investments in digital transformation across sectors. Asia-Pacific is experiencing rapid growth, led by major markets like China and India, where increasing digital adoption and governmental initiatives are propelling ICT advancements.


The Middle East and Africa are witnessing steady expansion, driven by infrastructure development and growing internet penetration. Latin America and South America present emerging opportunities, with rising investments in digital infrastructure, though challenges like economic instability can impact growth. These regional differences highlight the need for tailored strategies in the global ICT market.
 

Regions
  • North America
  • LATAM
  • West Europe
  • Central & Eastern Europe
  • Northern Europe
  • Southern Europe
  • East Asia
  • Southeast Asia
  • South Asia
  • Central Asia
  • Oceania
  • MEA
Fastest Growing Region
Asia-Pacific
Asia-Pacific region hold dominating market share in Personal Travel Insurance Market
Dominating Region
North America
North America region hold dominating market share in Personal Travel Insurance Market

 

Report Features

Details

Base Year

2023

Based Year Market Size (2023)

USD12Billion

Historical Period Market Size (2019)

USD8Billion

CAGR (2023 to 2030)

5.00%

Forecast Period

2025 to 2030

Forecasted Period Market Size (2030)

USD18Billion 

Scope of the Report

Trip Cancellation, Medical Insurance, Travel Accident, Baggage Insurance, Travel Agencies, Online Travel, Corporate Travel, Insurance Providers, Tourists

Regions Covered

North America, Europe, Asia Pacific, South America, and MEA

Year on Year Growth

6.00%

Companies Covered

Allianz, AXA, Travel Guard, World Nomads, Berkshire Hathaway, InsureMyTrip, AIG Travel, Travelex, CSA Travel Protection, IMG, SafetyWing, Seven Corners, John Hancock, Squaremouth

Customization Scope

15% Free Customization (For EG)

Delivery Format

PDF and Excel through Email

 

 

Personal Travel Insurance - Table of Contents

Chapter 1: Market Preface
  • 1.1 Global Personal Travel Insurance Market Landscape
  • 1.2 Scope of the Study
  • 1.3 Relevant Findings & Stakeholder Advantages

Chapter 2: Strategic Overview
  • 2.1 Global Personal Travel Insurance Market Outlook
  • 2.2 Total Addressable Market versus Serviceable Market
  • 2.3 Market Rivalry Projection

Chapter 3 : Global Personal Travel Insurance Market Business Environment & Changing Dynamics
  • 3.1 Growth Drivers
    • 3.1.1 Growth in niche insurance products
    • 3.1.2 Demand for global coverage
  • 3.2 Available Opportunities
    • 3.2.1 Growth in niche insurance products
  • 3.3 Influencing Trends
    • 3.3.1 Expansion of global travel
    • 3.3.2 Integr
  • 3.4 Challenges
    • 3.4.1 High competition
    • 3.4.2 Regulatory barri
  • 3.5 Regional Dynamics

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Chapter 4 : Global Personal Travel Insurance Industry Factors Assessment
  • 4.1 Current Scenario
  • 4.2 PEST Analysis
  • 4.3 Business Environment - PORTER 5-Forces Analysis
    • 4.3.1 Supplier Leverage
    • 4.3.2 Bargaining Power of Buyers
    • 4.3.3 Threat of Substitutes
    • 4.3.4 Threat from New Entrant
    • 4.3.5 Market Competition Level
  • 4.4 Roadmap of Personal Travel Insurance Market
  • 4.5 Impact of Macro-Economic Factors
  • 4.6 Market Entry Strategies
  • 4.7 Political and Regulatory Landscape
  • 4.8 Supply Chain Analysis
  • 4.9 Impact of Tariff War


Chapter 5: Personal Travel Insurance : Competition Benchmarking & Performance Evaluation
  • 5.1 Global Personal Travel Insurance Market Concentration Ratio
    • 5.1.1 CR4, CR8 and HH Index
    • 5.1.2 % Market Share - Top 3
    • 5.1.3 Market Holding by Top 5
  • 5.2 Market Position of Manufacturers by Personal Travel Insurance Revenue 2023
  • 5.3 BCG Matrix
  • 5.3 Market Entropy
  • 5.4 Strategic Group Analysis
  • 5.5 5C’s Analysis
Chapter 6: Global Personal Travel Insurance Market: Company Profiles
  • 6.1 Allianz
    • 6.1.1 Allianz Company Overview
    • 6.1.2 Allianz Product/Service Portfolio & Specifications
    • 6.1.3 Allianz Key Financial Metrics
    • 6.1.4 Allianz SWOT Analysis
    • 6.1.5 Allianz Development Activities
  • 6.2 AXA
  • 6.3 Travel Guard
  • 6.4 World Nomads
  • 6.5 Berkshire Hathaway
  • 6.6 InsureMyTrip
  • 6.7 AIG Travel
  • 6.8 Travelex
  • 6.9 CSA Travel Protection
  • 6.10 IMG
  • 6.11 SafetyWing
  • 6.12 Seven Corners
  • 6.13 John Hancock
  • 6.14 Squaremouth
  • 6.15 InsureandGo

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Chapter 7 : Global Personal Travel Insurance by Type & Application (2019-2030)
  • 7.1 Global Personal Travel Insurance Market Revenue Analysis (USD Million) by Type (2019-2023)
    • 7.1.1 Trip Cancellation
    • 7.1.2 Medical Insurance
    • 7.1.3 Travel Accident
    • 7.1.4 Baggage Insurance
    • 7.1.5 Flight Delay Insurance
  • 7.2 Global Personal Travel Insurance Market Revenue Analysis (USD Million) by Application (2019-2023)
    • 7.2.1 Travel Agencies
    • 7.2.2 Online Travel
    • 7.2.3 Corporate Travel
    • 7.2.4 Insurance Providers
    • 7.2.5 Tourists
  • 7.3 Global Personal Travel Insurance Market Revenue Analysis (USD Million) by Type (2023-2030)
  • 7.4 Global Personal Travel Insurance Market Revenue Analysis (USD Million) by Application (2023-2030)

Chapter 8 : North America Personal Travel Insurance Market Breakdown by Country, Type & Application
  • 8.1 North America Personal Travel Insurance Market by Country (USD Million) [2019-2023]
    • 8.1.1 United States
    • 8.1.2 Canada
  • 8.2 North America Personal Travel Insurance Market by Type (USD Million) [2019-2023]
    • 8.2.1 Trip Cancellation
    • 8.2.2 Medical Insurance
    • 8.2.3 Travel Accident
    • 8.2.4 Baggage Insurance
    • 8.2.5 Flight Delay Insurance
  • 8.3 North America Personal Travel Insurance Market by Application (USD Million) [2019-2023]
    • 8.3.1 Travel Agencies
    • 8.3.2 Online Travel
    • 8.3.3 Corporate Travel
    • 8.3.4 Insurance Providers
    • 8.3.5 Tourists
  • 8.4 North America Personal Travel Insurance Market by Country (USD Million) [2024-2030]
  • 8.5 North America Personal Travel Insurance Market by Type (USD Million) [2024-2030]
  • 8.6 North America Personal Travel Insurance Market by Application (USD Million) [2024-2030]
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Chapter 9 : LATAM Personal Travel Insurance Market Breakdown by Country, Type & Application
  • 9.1 LATAM Personal Travel Insurance Market by Country (USD Million) [2019-2023]
    • 9.1.1 Brazil
    • 9.1.2 Argentina
    • 9.1.3 Chile
    • 9.1.4 Mexico
    • 9.1.5 Rest of LATAM
  • 9.2 LATAM Personal Travel Insurance Market by Type (USD Million) [2019-2023]
    • 9.2.1 Trip Cancellation
    • 9.2.2 Medical Insurance
    • 9.2.3 Travel Accident
    • 9.2.4 Baggage Insurance
    • 9.2.5 Flight Delay Insurance
  • 9.3 LATAM Personal Travel Insurance Market by Application (USD Million) [2019-2023]
    • 9.3.1 Travel Agencies
    • 9.3.2 Online Travel
    • 9.3.3 Corporate Travel
    • 9.3.4 Insurance Providers
    • 9.3.5 Tourists
  • 9.4 LATAM Personal Travel Insurance Market by Country (USD Million) [2024-2030]
  • 9.5 LATAM Personal Travel Insurance Market by Type (USD Million) [2024-2030]
  • 9.6 LATAM Personal Travel Insurance Market by Application (USD Million) [2024-2030]
Chapter 10 : West Europe Personal Travel Insurance Market Breakdown by Country, Type & Application
  • 10.1 West Europe Personal Travel Insurance Market by Country (USD Million) [2019-2023]
    • 10.1.1 Germany
    • 10.1.2 France
    • 10.1.3 Benelux
    • 10.1.4 Switzerland
    • 10.1.5 Rest of West Europe
  • 10.2 West Europe Personal Travel Insurance Market by Type (USD Million) [2019-2023]
    • 10.2.1 Trip Cancellation
    • 10.2.2 Medical Insurance
    • 10.2.3 Travel Accident
    • 10.2.4 Baggage Insurance
    • 10.2.5 Flight Delay Insurance
  • 10.3 West Europe Personal Travel Insurance Market by Application (USD Million) [2019-2023]
    • 10.3.1 Travel Agencies
    • 10.3.2 Online Travel
    • 10.3.3 Corporate Travel
    • 10.3.4 Insurance Providers
    • 10.3.5 Tourists
  • 10.4 West Europe Personal Travel Insurance Market by Country (USD Million) [2024-2030]
  • 10.5 West Europe Personal Travel Insurance Market by Type (USD Million) [2024-2030]
  • 10.6 West Europe Personal Travel Insurance Market by Application (USD Million) [2024-2030]
Chapter 11 : Central & Eastern Europe Personal Travel Insurance Market Breakdown by Country, Type & Application
  • 11.1 Central & Eastern Europe Personal Travel Insurance Market by Country (USD Million) [2019-2023]
    • 11.1.1 Bulgaria
    • 11.1.2 Poland
    • 11.1.3 Hungary
    • 11.1.4 Romania
    • 11.1.5 Rest of CEE
  • 11.2 Central & Eastern Europe Personal Travel Insurance Market by Type (USD Million) [2019-2023]
    • 11.2.1 Trip Cancellation
    • 11.2.2 Medical Insurance
    • 11.2.3 Travel Accident
    • 11.2.4 Baggage Insurance
    • 11.2.5 Flight Delay Insurance
  • 11.3 Central & Eastern Europe Personal Travel Insurance Market by Application (USD Million) [2019-2023]
    • 11.3.1 Travel Agencies
    • 11.3.2 Online Travel
    • 11.3.3 Corporate Travel
    • 11.3.4 Insurance Providers
    • 11.3.5 Tourists
  • 11.4 Central & Eastern Europe Personal Travel Insurance Market by Country (USD Million) [2024-2030]
  • 11.5 Central & Eastern Europe Personal Travel Insurance Market by Type (USD Million) [2024-2030]
  • 11.6 Central & Eastern Europe Personal Travel Insurance Market by Application (USD Million) [2024-2030]
Chapter 12 : Northern Europe Personal Travel Insurance Market Breakdown by Country, Type & Application
  • 12.1 Northern Europe Personal Travel Insurance Market by Country (USD Million) [2019-2023]
    • 12.1.1 The United Kingdom
    • 12.1.2 Sweden
    • 12.1.3 Norway
    • 12.1.4 Baltics
    • 12.1.5 Ireland
    • 12.1.6 Rest of Northern Europe
  • 12.2 Northern Europe Personal Travel Insurance Market by Type (USD Million) [2019-2023]
    • 12.2.1 Trip Cancellation
    • 12.2.2 Medical Insurance
    • 12.2.3 Travel Accident
    • 12.2.4 Baggage Insurance
    • 12.2.5 Flight Delay Insurance
  • 12.3 Northern Europe Personal Travel Insurance Market by Application (USD Million) [2019-2023]
    • 12.3.1 Travel Agencies
    • 12.3.2 Online Travel
    • 12.3.3 Corporate Travel
    • 12.3.4 Insurance Providers
    • 12.3.5 Tourists
  • 12.4 Northern Europe Personal Travel Insurance Market by Country (USD Million) [2024-2030]
  • 12.5 Northern Europe Personal Travel Insurance Market by Type (USD Million) [2024-2030]
  • 12.6 Northern Europe Personal Travel Insurance Market by Application (USD Million) [2024-2030]
Chapter 13 : Southern Europe Personal Travel Insurance Market Breakdown by Country, Type & Application
  • 13.1 Southern Europe Personal Travel Insurance Market by Country (USD Million) [2019-2023]
    • 13.1.1 Spain
    • 13.1.2 Italy
    • 13.1.3 Portugal
    • 13.1.4 Greece
    • 13.1.5 Rest of Southern Europe
  • 13.2 Southern Europe Personal Travel Insurance Market by Type (USD Million) [2019-2023]
    • 13.2.1 Trip Cancellation
    • 13.2.2 Medical Insurance
    • 13.2.3 Travel Accident
    • 13.2.4 Baggage Insurance
    • 13.2.5 Flight Delay Insurance
  • 13.3 Southern Europe Personal Travel Insurance Market by Application (USD Million) [2019-2023]
    • 13.3.1 Travel Agencies
    • 13.3.2 Online Travel
    • 13.3.3 Corporate Travel
    • 13.3.4 Insurance Providers
    • 13.3.5 Tourists
  • 13.4 Southern Europe Personal Travel Insurance Market by Country (USD Million) [2024-2030]
  • 13.5 Southern Europe Personal Travel Insurance Market by Type (USD Million) [2024-2030]
  • 13.6 Southern Europe Personal Travel Insurance Market by Application (USD Million) [2024-2030]
Chapter 14 : East Asia Personal Travel Insurance Market Breakdown by Country, Type & Application
  • 14.1 East Asia Personal Travel Insurance Market by Country (USD Million) [2019-2023]
    • 14.1.1 China
    • 14.1.2 Japan
    • 14.1.3 South Korea
    • 14.1.4 Taiwan
    • 14.1.5 Others
  • 14.2 East Asia Personal Travel Insurance Market by Type (USD Million) [2019-2023]
    • 14.2.1 Trip Cancellation
    • 14.2.2 Medical Insurance
    • 14.2.3 Travel Accident
    • 14.2.4 Baggage Insurance
    • 14.2.5 Flight Delay Insurance
  • 14.3 East Asia Personal Travel Insurance Market by Application (USD Million) [2019-2023]
    • 14.3.1 Travel Agencies
    • 14.3.2 Online Travel
    • 14.3.3 Corporate Travel
    • 14.3.4 Insurance Providers
    • 14.3.5 Tourists
  • 14.4 East Asia Personal Travel Insurance Market by Country (USD Million) [2024-2030]
  • 14.5 East Asia Personal Travel Insurance Market by Type (USD Million) [2024-2030]
  • 14.6 East Asia Personal Travel Insurance Market by Application (USD Million) [2024-2030]
Chapter 15 : Southeast Asia Personal Travel Insurance Market Breakdown by Country, Type & Application
  • 15.1 Southeast Asia Personal Travel Insurance Market by Country (USD Million) [2019-2023]
    • 15.1.1 Vietnam
    • 15.1.2 Singapore
    • 15.1.3 Thailand
    • 15.1.4 Malaysia
    • 15.1.5 Indonesia
    • 15.1.6 Philippines
    • 15.1.7 Rest of SEA Countries
  • 15.2 Southeast Asia Personal Travel Insurance Market by Type (USD Million) [2019-2023]
    • 15.2.1 Trip Cancellation
    • 15.2.2 Medical Insurance
    • 15.2.3 Travel Accident
    • 15.2.4 Baggage Insurance
    • 15.2.5 Flight Delay Insurance
  • 15.3 Southeast Asia Personal Travel Insurance Market by Application (USD Million) [2019-2023]
    • 15.3.1 Travel Agencies
    • 15.3.2 Online Travel
    • 15.3.3 Corporate Travel
    • 15.3.4 Insurance Providers
    • 15.3.5 Tourists
  • 15.4 Southeast Asia Personal Travel Insurance Market by Country (USD Million) [2024-2030]
  • 15.5 Southeast Asia Personal Travel Insurance Market by Type (USD Million) [2024-2030]
  • 15.6 Southeast Asia Personal Travel Insurance Market by Application (USD Million) [2024-2030]
Chapter 16 : South Asia Personal Travel Insurance Market Breakdown by Country, Type & Application
  • 16.1 South Asia Personal Travel Insurance Market by Country (USD Million) [2019-2023]
    • 16.1.1 India
    • 16.1.2 Bangladesh
    • 16.1.3 Others
  • 16.2 South Asia Personal Travel Insurance Market by Type (USD Million) [2019-2023]
    • 16.2.1 Trip Cancellation
    • 16.2.2 Medical Insurance
    • 16.2.3 Travel Accident
    • 16.2.4 Baggage Insurance
    • 16.2.5 Flight Delay Insurance
  • 16.3 South Asia Personal Travel Insurance Market by Application (USD Million) [2019-2023]
    • 16.3.1 Travel Agencies
    • 16.3.2 Online Travel
    • 16.3.3 Corporate Travel
    • 16.3.4 Insurance Providers
    • 16.3.5 Tourists
  • 16.4 South Asia Personal Travel Insurance Market by Country (USD Million) [2024-2030]
  • 16.5 South Asia Personal Travel Insurance Market by Type (USD Million) [2024-2030]
  • 16.6 South Asia Personal Travel Insurance Market by Application (USD Million) [2024-2030]
Chapter 17 : Central Asia Personal Travel Insurance Market Breakdown by Country, Type & Application
  • 17.1 Central Asia Personal Travel Insurance Market by Country (USD Million) [2019-2023]
    • 17.1.1 Kazakhstan
    • 17.1.2 Tajikistan
    • 17.1.3 Others
  • 17.2 Central Asia Personal Travel Insurance Market by Type (USD Million) [2019-2023]
    • 17.2.1 Trip Cancellation
    • 17.2.2 Medical Insurance
    • 17.2.3 Travel Accident
    • 17.2.4 Baggage Insurance
    • 17.2.5 Flight Delay Insurance
  • 17.3 Central Asia Personal Travel Insurance Market by Application (USD Million) [2019-2023]
    • 17.3.1 Travel Agencies
    • 17.3.2 Online Travel
    • 17.3.3 Corporate Travel
    • 17.3.4 Insurance Providers
    • 17.3.5 Tourists
  • 17.4 Central Asia Personal Travel Insurance Market by Country (USD Million) [2024-2030]
  • 17.5 Central Asia Personal Travel Insurance Market by Type (USD Million) [2024-2030]
  • 17.6 Central Asia Personal Travel Insurance Market by Application (USD Million) [2024-2030]
Chapter 18 : Oceania Personal Travel Insurance Market Breakdown by Country, Type & Application
  • 18.1 Oceania Personal Travel Insurance Market by Country (USD Million) [2019-2023]
    • 18.1.1 Australia
    • 18.1.2 New Zealand
    • 18.1.3 Others
  • 18.2 Oceania Personal Travel Insurance Market by Type (USD Million) [2019-2023]
    • 18.2.1 Trip Cancellation
    • 18.2.2 Medical Insurance
    • 18.2.3 Travel Accident
    • 18.2.4 Baggage Insurance
    • 18.2.5 Flight Delay Insurance
  • 18.3 Oceania Personal Travel Insurance Market by Application (USD Million) [2019-2023]
    • 18.3.1 Travel Agencies
    • 18.3.2 Online Travel
    • 18.3.3 Corporate Travel
    • 18.3.4 Insurance Providers
    • 18.3.5 Tourists
  • 18.4 Oceania Personal Travel Insurance Market by Country (USD Million) [2024-2030]
  • 18.5 Oceania Personal Travel Insurance Market by Type (USD Million) [2024-2030]
  • 18.6 Oceania Personal Travel Insurance Market by Application (USD Million) [2024-2030]
Chapter 19 : MEA Personal Travel Insurance Market Breakdown by Country, Type & Application
  • 19.1 MEA Personal Travel Insurance Market by Country (USD Million) [2019-2023]
    • 19.1.1 Turkey
    • 19.1.2 South Africa
    • 19.1.3 Egypt
    • 19.1.4 UAE
    • 19.1.5 Saudi Arabia
    • 19.1.6 Israel
    • 19.1.7 Rest of MEA
  • 19.2 MEA Personal Travel Insurance Market by Type (USD Million) [2019-2023]
    • 19.2.1 Trip Cancellation
    • 19.2.2 Medical Insurance
    • 19.2.3 Travel Accident
    • 19.2.4 Baggage Insurance
    • 19.2.5 Flight Delay Insurance
  • 19.3 MEA Personal Travel Insurance Market by Application (USD Million) [2019-2023]
    • 19.3.1 Travel Agencies
    • 19.3.2 Online Travel
    • 19.3.3 Corporate Travel
    • 19.3.4 Insurance Providers
    • 19.3.5 Tourists
  • 19.4 MEA Personal Travel Insurance Market by Country (USD Million) [2024-2030]
  • 19.5 MEA Personal Travel Insurance Market by Type (USD Million) [2024-2030]
  • 19.6 MEA Personal Travel Insurance Market by Application (USD Million) [2024-2030]

Chapter 20: Research Findings & Conclusion
  • 20.1 Key Findings
  • 20.2 Conclusion

Chapter 21: Methodology and Data Source
  • 21.1 Research Methodology & Approach
    • 21.1.1 Research Program/Design
    • 21.1.2 Market Size Estimation
    • 21.1.3 Market Breakdown and Data Triangulation
  • 21.2 Data Source
    • 21.2.1 Secondary Sources
    • 21.2.2 Primary Sources

Chapter 22: Appendix & Disclaimer
  • 22.1 Acronyms & bibliography
  • 22.2 Disclaimer

Frequently Asked Questions (FAQ):

The Global Personal Travel Insurance market size surpassed USD 12 Billion in 2023 and will expand at a CAGR of 5.00% between 2023 and 2030.

According to the report,the Personal Travel Insurance Industry size is projected to reach USD 18 Billion, exhibiting a CAGR of 5.00% by 2030.

Expansion Of Global Travel, Integration With Mobile Apps And Digital Platforms, Rise In Customized Insurance Products are seen to make big Impact on Personal Travel Insurance Market Growth.

The leaders in the Global Personal Travel Insurance Market such as Allianz, AXA, Travel Guard, World Nomads, Berkshire Hathaway, InsureMyTrip, AIG Travel, Travelex, CSA Travel Protection, IMG, SafetyWing, Seven Corners, John Hancock, Squaremouth, InsureandGo are targeting innovative and differentiated growth drivers some of them are Growth In Niche Insurance Products, Demand For Global Coverage, Collaboration With Travel Agencies

Business transformation in Personal Travel Insurance Market has taken hold due to the confluence of several important triggers, some of them are High Competition, Regulatory Barriers, Consumer Skepticism About The Value Of Coverage.

The market opportunity is clear from the flow of investment into Global Personal Travel Insurance Market, some of them are Growth In Niche Insurance Products, Demand For Global Coverage, Collaboration With Travel Agencies.

New entrants, including competitors from unrelated industries along with players such as Allianz, AXA, Travel Guard, World Nomads, Berkshire Hathaway, InsureMyTrip, AIG Travel, Travelex, CSA Travel Protection, IMG, SafetyWing, Seven Corners, John Hancock, Squaremouth, InsureandGo Instituting a robust process in Global Personal Travel Insurance Market.

Research paper of Global Personal Travel Insurance Market shows that companies are making better progress than their supply chain peers –including suppliers, majorly in end-use applications such as Travel Agencies, Online Travel, Corporate Travel, Insurance Providers, Tourists.

The Global Personal Travel Insurance Market Study is segmented by Trip Cancellation, Medical Insurance, Travel Accident, Baggage Insurance, Flight Delay Insurance.

The Global Personal Travel Insurance Market Study includes regional breakdown as North America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA

The Personal Travel Insurance Market is studied from 2019 - 2030.

The personal travel insurance market offers coverage for various risks during travel, including trip cancellation, medical emergencies, lost baggage, and accidents. It is growing as consumers seek more security and peace of mind while traveling.