Request Free Sample
×
Future Outlook
South America Travel Insurance Market Future Outlook
Report Scope
Report Scope:
| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2018 | 2.16(USD Billion) |
| MARKET SIZE 2024 | 2.5(USD Billion) |
| MARKET SIZE 2035 | 7.5(USD Billion) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 10.503% (2025 - 2035) |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| BASE YEAR | 2024 |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| HISTORICAL DATA | 2019 - 2024 |
| MARKET FORECAST UNITS | USD Billion |
| KEY COMPANIES PROFILED | Zurich Insurance Group, Bupa, World Nomads, Liberty Mutual, Berkshire Hathaway Travel Protection, Generali, Allianz, Axa, Assicurazioni Generali, Emergencia, Tokio Marine HCC, CoverMore, Chubb, Mapfre, Travel Guard |
| SEGMENTS COVERED | Insurance Cover, Distribution Channel, End User, Age Group, Regional |
| KEY MARKET OPPORTUNITIES | Growing adventure tourism demand, Expanding online distribution channels, Rising awareness of travel risks, Increasing international travel influx, Enhanced coverage for COVID-19 impacts |
| KEY MARKET DYNAMICS | rising tourism demand, increasing awareness of risks, competitive pricing strategies, technological advancements in claims, regulatory changes and compliance |
| COUNTRIES COVERED | Brazil, Mexico, Argentina, Rest of South America |
Leave a Comment
FAQs
What is the expected market size of the South America Travel Insurance Market in 2024?
The South America Travel Insurance Market is expected to be valued at 2.5 billion USD in 2024.
What is the projected market size for the South America Travel Insurance Market by 2035?
By 2035, the South America Travel Insurance Market is projected to reach 7.5 billion USD.
What is the anticipated CAGR for the South America Travel Insurance Market from 2025 to 2035?
The South America Travel Insurance Market is expected to grow at a CAGR of 10.503% from 2025 to 2035.
Which region holds the largest market share within the South America Travel Insurance Market?
Brazil holds the largest market share, valued at 1.0 billion USD in 2024 and projected to be 3.0 billion USD by 2035.
What is the market size for Single-Trip Travel Insurance in 2024?
The market size for Single-Trip Travel Insurance is valued at 0.9 billion USD in 2024.
Who are the major competitors in the South America Travel Insurance Market?
Major players include Zurich Insurance Group, Bupa, Allianz, and Generali among others.
What will be the market size for Annual Multi-Trip Travel Insurance by 2035?
The market size for Annual Multi-Trip Travel Insurance is expected to reach 2.4 billion USD by 2035.
What is the expected growth of Long-Stay Travel Insurance from 2024 to 2035?
The Long-Stay Travel Insurance market is expected to grow from 0.8 billion USD in 2024 to 2.4 billion USD by 2035.
How does the market size for Mexico compare to other regions in 2024?
In 2024, the market size for Mexico is expected to be 0.8 billion USD, indicating significant regional participation.
What challenges are impacting the growth of the South America Travel Insurance Market?
Current economic conditions and regulatory changes present challenges to the growth of the South America Travel Insurance Market.
Download Free Sample
Kindly complete the form below to receive a free sample of this Report
Customer Stories
“This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job”
Noah Malgeri
Co-Founder
“Thanks. It’s been a pleasure working with you, please use me as reference with any other Intel employees.”
Joseph Aguayo
Sales Operations & Pricing Manager
“Thanks for sending the report it gives us a good global view of the Betaïne market.”
Peter Groot koerkamp
Account and Business Manager
“Thank you, this will be very helpful for OQS.”
La Terria Dodd
Program Support Specialist
“We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.”
Younghwan Choi
Senior Retail Manager
“I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”
Mark Irwin
Management Consultant
“I have been reading the first document or the study, ,the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!”
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA
“We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.”
Akif Moroglu
Strategy & Business Development Director
Case Study
Aerospace & Defense