Travel Insurance Market to Reach $106.8 billion, by 2032 at 20.1% CAGR: Allied Market Research [Yahoo! Finance]
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Source: Yahoo! Finance
are the major factors that drive the growth of the global travel insurance market. PORTLAND, Ore. May 10, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, Travel Insurance Market by Insurance Cover (Single-Trip Travel Insurance, Annual Multi-Trip Travel Insurance, and Long-Stay Travel Insurance), Distribution Channel (Insurance Intermediaries, Insurance Companies, Banks, Insurance Brokers, and Insurance Aggregators), End User (Senior Citizens, Education Travelers, Business Travelers, Family Travelers, and Others), and Age Group (1-17 Years Old, 18-30 Years Old, 31-49 Years Old, and Above 50 Years): Global Opportunity Analysis and Industry Forecast, 2022-2031, and Region ( North America Europe Asia-Pacific , and LAMEA): Global Opportunity Analysis and Industry Forecast, 2023-2032.". According to the report, the travel insurance industry generated .8 billion in 2023 and is anticipated to generate .8 billion by 2032, witnessing a CAGR of 20.1% from 2023 to 2032.
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