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Home Asia Pacific

Asia-Pacific Travel Insurance Market Expected to Surpass $9.875 Billion by 2022, Driven by a 10.1% CAGR As Revealed In New Report

NEWSROOM by NEWSROOM
July 4, 2024
in Asia Pacific, Travel
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Asia-Pacific Travel Insurance Market Expected to Surpass $9.875 Billion by 2022, Driven by a 10.1% CAGR

According to a new report published by Allied Market Research, titled, Asia-Pacific Travel Insurance Market by Insurance Cover and Distribution Channel: Opportunity Analysis and Industry Forecast, 2016-2022, the Asia-Pacific travel insurance market was valued at $5,540 million in 2016, and is estimated to reach $9,875 million by 2022, registering a CAGR of 10.1% from 2016 to 2022. In 2016, the single trip segment dominated this market.

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