Single Trip Travel Insurance Market Insights Video
According to Cognitive Market Research, the global Single Trip Travel Insurance market size was USD 9542.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 20.50% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 3816.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 120.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 2862.66 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 2194.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 22.5% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 477.11 million in 2024 and will grow at a compound annual growth rate (CAGR) of 19.9% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 190.84 million in 2024 and will grow at a compound annual growth rate (CAGR) of 20.2% from 2024 to 2031.
The insurance companies category is the fastest growing segment of the Single Trip Travel Insurance industry
