Global Cancel for Any Reason Travel Insurance Market Growth (Status and Outlook) 2025-2031

The global Cancel for Any Reason Travel Insurance market size is predicted to grow from US$ 10150 million in 2025 to US$ 12200 million in 2031; it is expected to grow at a CAGR of 3.1% from 2025 to 2031.

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.

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

This Insight Report provides a comprehensive analysis of the global Cancel for Any Reason 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 Cancel for Any Reason Travel Insurance portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Cancel for Any Reason Travel Insurance market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cancel for Any Reason 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 Cancel for Any Reason Travel Insurance.

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

Segmentation by Type:

    Group Insurance
    Individual Insurance

Segmentation by Application:

    Domestic Travel
    Overseas Travel

This report also splits the market by region:

    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

    AXA
    IMG
    John Hancock
    Nationwide Mutual Insurance Company
    Seven Corners
    HTH
    Cat 70
    GoReady
    Tin Leg
    Travelex
    USI Affinity