The global Individual Travel Insurance market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of % from 2025 to 2031.

Individual Travel Insurance is an insurance product designed to provide protection and insurance benefits to individual travelers against unexpected circumstances and risks that may occur during travel. Individual Travel Insurance is usually provided in the form of an insurance contract, and travelers pay a certain insurance fee before purchasing the insurance.

In 2022, the gradual relaxation of epidemic prevention and control measures around the world will have a positive impact on the rapid recovery of the tourism industry. According to data from the World Tourism Organization, the number of global travelers exceeded 900 million in 2022, a two-fold increase compared to 2021. In 2022, international tourism revenue returned to the US$ 1 trillion, a real increase of 50% compared with 2021. According to data from the Ministry of Culture and Tourism of China, in 2022, the total number of domestic tourists was ¥ 2.53 billion, and the domestic tourism revenue (total tourism consumption) was ¥ 2 trillion.

ReportPrime' newest research report, the “Individual Travel Insurance Industry Forecast” looks at past sales and reviews total world Individual Travel Insurance sales in 2024, providing a comprehensive analysis by region and market sector of projected Individual Travel Insurance sales for 2025 through 2031. With Individual Travel Insurance sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Individual Travel Insurance industry.

This Insight Report provides a comprehensive analysis of the global Individual Travel Insurance landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Individual Travel Insurance portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Individual Travel Insurance market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Individual Travel Insurance and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Individual Travel Insurance.

This report presents a comprehensive overview, market shares, and growth opportunities of Individual Travel Insurance market by product type, application, key players and key regions and countries.

Segmentation by Type:

• Domestic Travel
• Foreign Travel

Segmentation by Application:

• Adult
• Child

Market by Region:

• Americas
• APAC
• Europe
• Middle East & Africa

Company's Coverage:

• Shriram General Insurance
• Alankit Insurance Brokers Limited (AIBL)
• Travelex
• Allianz Travel Insurance
• InsureMyTrip
• World Nomads
• HTH Travel Insurance
• IMG Travel Insurance
• GeoBlue
• Nationwide Insurance
• AXA Assistance USA
• AIG Travel
• Seven Corners
• Berkshire Hathaway Travel Protection
• Generali Global Assistance

Key Questions Addressed in this Report