Selected research
Industry Growth & Trends
Global Travel Cancellation Insurance Industry Growth and Trends Forecast to 2032
Market perspective
According to APO Research, the global Travel Cancellation Insurance market was valued at US$ million in 2026 and is projected to reach US$ million by 2032, implying a CAGR of xx% over 2026-2032.
The North America market for Travel Cancellation Insurance is projected to increase from US$ million in 2026 to US$ million by 2032, corresponding to a CAGR of % over 2026-2032.
The Europe market for Travel Cancellation Insurance is projected to increase from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026-2032.
Read the full market overview
The Asia Pacific market for Travel Cancellation Insurance is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
Leading global companies in the Travel Cancellation Insurance market include AIG, Allianz, Prudential, Munich Re Group, ACE&Chubb, Assicurazioni Generali, Mapfre, Manulife and AXA, among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
This report provides a structured, data-driven view of the global Travel Cancellation Insurance market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.
The Travel Cancellation Insurance market size, estimates, and forecasts are presented in terms of revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global Travel Cancellation Insurance market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to Travel Cancellation Insurance.
Key Companies & Market Share Insights
This section analyzes the strategies and performance of leading companies in the global Travel Cancellation Insurance market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue and gross margin data by manufacturer for 2021-2026, enabling benchmarking of scale, profitability, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.
Travel Cancellation Insurance Market by Company
AIG
Allianz
Prudential
Munich Re Group
ACE&Chubb
Assicurazioni Generali
Mapfre
Manulife
AXA
UnitedHealthcare Global
Tokio Marine Holdings
Hanse Merkur
Sompo Japan Nipponkoa
China Life
China Pacific Insurance
Travel Cancellation Insurance Segment by Type
Full Refund Cancellation Insurance
Travel Interruption Cancellation Insurance
Disaster Cancellation Insurance
Others
Travel Cancellation Insurance Segment by Application
Family Travel
Business Travel
Others
Travel Cancellation Insurance Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Travel Cancellation Insurance market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Travel Cancellation Insurance and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Travel Cancellation Insurance.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2021-2025, 2026-2031). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 3: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 4: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 5: Detailed analysis of Travel Cancellation Insurance companies' competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, revenue by country.
Chapter 12: Concluding Insights of the report
More report detail
Tables and figures
Scope & coverage.
Types
- Full Refund Cancellation Insurance
- Travel Interruption Cancellation Insurance
- Disaster Cancellation Insurance
- Others
Applications
- Family Travel
- Business Travel
- Others
Companies covered
- AIG
- Allianz
- Prudential
- Munich Re Group
- ACE&Chubb
- Assicurazioni Generali
- Mapfre
- Manulife
- AXA
- UnitedHealthcare Global
- Tokio Marine Holdings
- Hanse Merkur
- Sompo Japan Nipponkoa
- China Life
- China Pacific Insurance
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.3 Global Travel Cancellation Insurance Market Size Overview by Region 2021 VS 2025 VS 2032
- 1.4 Global Travel Cancellation Insurance Market Size by Region (2021-2032)
- 1.4.1 Global Travel Cancellation Insurance Market Size by Region (2021-2026)
- 1.4.2 Global Travel Cancellation Insurance Market Size by Region (2027-2032)
- 1.5 Key Regions Travel Cancellation Insurance Market Size (2021-2032)
- 1.5.1 North America Travel Cancellation Insurance Market Size Growth Rate (2021-2032)
- 1.5.2 Europe Travel Cancellation Insurance Market Size Growth Rate (2021-2032)
- 1.5.3 Asia-Pacific Travel Cancellation Insurance Market Size Growth Rate (2021-2032)
- 1.5.4 South America Travel Cancellation Insurance Market Size Growth Rate (2021-2032)
- 1.5.5 Middle East & Africa Travel Cancellation Insurance Market Size Growth Rate (2021-2032)
2 Travel Cancellation Insurance Market by Type
- 2.1 Type Introduction
- 2.1.1 Full Refund Cancellation Insurance
- 2.1.2 Travel Interruption Cancellation Insurance
- 2.1.3 Disaster Cancellation Insurance
- 2.1.4 Others
- 2.2 Global Travel Cancellation Insurance Market Size by Type
- 2.2.1 Global Travel Cancellation Insurance Market Size Overview by Type (2021-2032)
- 2.2.2 Global Travel Cancellation Insurance Historic Market Size Review by Type (2021-2026)
- 2.2.3 Global Travel Cancellation Insurance Market Size Forecasted by Type (2027-2032)
- 2.3 Global Travel Cancellation Insurance Market Size by Regions
- 2.3.1 North America Travel Cancellation Insurance Market Size Breakdown by Type (2021-2026)
- 2.3.2 Europe Travel Cancellation Insurance Market Size Breakdown by Type (2021-2026)
- 2.3.3 Asia-Pacific Travel Cancellation Insurance Market Size Breakdown by Type (2021-2026)
- 2.3.4 South America Travel Cancellation Insurance Market Size Breakdown by Type (2021-2026)
- 2.3.5 Middle East and Africa Travel Cancellation Insurance Market Size Breakdown by Type (2021-2026)
3 Travel Cancellation Insurance Market by Application
- 3.1 Type Introduction
- 3.1.1 Family Travel
- 3.1.2 Business Travel
- 3.1.3 Others
- 3.2 Global Travel Cancellation Insurance Market Size by Application
- 3.2.1 Global Travel Cancellation Insurance Market Size Overview by Application (2021-2032)
- 3.2.2 Global Travel Cancellation Insurance Historic Market Size Review by Application (2021-2026)
- 3.2.3 Global Travel Cancellation Insurance Market Size Forecasted by Application (2027-2032)
- 3.3 Global Travel Cancellation Insurance Market Size by Regions
- 3.3.1 North America Travel Cancellation Insurance Market Size Breakdown by Application (2021-2026)
- 3.3.2 Europe Travel Cancellation Insurance Market Size Breakdown by Application (2021-2026)
- 3.3.3 Asia-Pacific Travel Cancellation Insurance Market Size Breakdown by Application (2021-2026)
- 3.3.4 South America Travel Cancellation Insurance Market Size Breakdown by Application (2021-2026)
- 3.3.5 Middle East and Africa Travel Cancellation Insurance Market Size Breakdown by Application (2021-2026)
4 Global Market Dynamics
- 4.1 Travel Cancellation Insurance Industry Trends
- 4.2 Travel Cancellation Insurance Industry Drivers
- 4.3 Travel Cancellation Insurance Industry Opportunities and Challenges
- 4.4 Travel Cancellation Insurance Industry Restraints
5 Competitive Insights by Company
- 5.1 Global Top Players by Travel Cancellation Insurance Revenue (2021-2026)
- 5.2 Global Travel Cancellation Insurance Industry Company Ranking, 2024 VS 2025 VS 2026
- 5.3 Global Travel Cancellation Insurance Key Company Headquarters & Area Served
- 5.4 Global Travel Cancellation Insurance Company, Product Type & Application
- 5.5 Global Travel Cancellation Insurance Company Commercialization Time
- 5.6 Market Competitive Analysis
- 5.6.1 Global Travel Cancellation Insurance Market CR5 and HHI
- 5.6.2 Global Top 5 and 10 Travel Cancellation Insurance Players Market Share by Revenue in 2025
- 5.6.3 2025 Travel Cancellation Insurance Tier 1, Tier 2, and Tier 3
6 Company Profiles
- 6.1 AIG
- 6.1.1 AIG Company Information
- 6.1.2 AIG Business Overview
- 6.1.3 AIG Travel Cancellation Insurance Revenue, Global Share and Gross Margin (2021-2026)
- 6.1.4 AIG Travel Cancellation Insurance Product Portfolio
- 6.1.5 AIG Recent Developments
- 6.2 Allianz
- 6.2.1 Allianz Company Information
- 6.2.2 Allianz Business Overview
- 6.2.3 Allianz Travel Cancellation Insurance Revenue, Global Share and Gross Margin (2021-2026)
- 6.2.4 Allianz Travel Cancellation Insurance Product Portfolio
- 6.2.5 Allianz Recent Developments
- 6.3 Prudential
- 6.3.1 Prudential Company Information
- 6.3.2 Prudential Business Overview
- 6.3.3 Prudential Travel Cancellation Insurance Revenue, Global Share and Gross Margin (2021-2026)
- 6.3.4 Prudential Travel Cancellation Insurance Product Portfolio
- 6.3.5 Prudential Recent Developments
- 6.4 Munich Re Group
- 6.4.1 Munich Re Group Company Information
- 6.4.2 Munich Re Group Business Overview
- 6.4.3 Munich Re Group Travel Cancellation Insurance Revenue, Global Share and Gross Margin (2021-2026)
- 6.4.4 Munich Re Group Travel Cancellation Insurance Product Portfolio
- 6.4.5 Munich Re Group Recent Developments
- 6.5 ACE&Chubb
- 6.5.1 ACE&Chubb Company Information
- 6.5.2 ACE&Chubb Business Overview
- 6.5.3 ACE&Chubb Travel Cancellation Insurance Revenue, Global Share and Gross Margin (2021-2026)
- 6.5.4 ACE&Chubb Travel Cancellation Insurance Product Portfolio
- 6.5.5 ACE&Chubb Recent Developments
- 6.6 Assicurazioni Generali
- 6.6.1 Assicurazioni Generali Company Information
- 6.6.2 Assicurazioni Generali Business Overview
- 6.6.3 Assicurazioni Generali Travel Cancellation Insurance Revenue, Global Share and Gross Margin (2021-2026)
- 6.6.4 Assicurazioni Generali Travel Cancellation Insurance Product Portfolio
- 6.6.5 Assicurazioni Generali Recent Developments
- 6.7 Mapfre
- 6.7.1 Mapfre Company Information
- 6.7.2 Mapfre Business Overview
- 6.7.3 Mapfre Travel Cancellation Insurance Revenue, Global Share and Gross Margin (2021-2026)
- 6.7.4 Mapfre Travel Cancellation Insurance Product Portfolio
- 6.7.5 Mapfre Recent Developments
- 6.8 Manulife
- 6.8.1 Manulife Company Information
- 6.8.2 Manulife Business Overview
- 6.8.3 Manulife Travel Cancellation Insurance Revenue, Global Share and Gross Margin (2021-2026)
- 6.8.4 Manulife Travel Cancellation Insurance Product Portfolio
- 6.8.5 Manulife Recent Developments
- 6.9 AXA
- 6.9.1 AXA Company Information
- 6.9.2 AXA Business Overview
- 6.9.3 AXA Travel Cancellation Insurance Revenue, Global Share and Gross Margin (2021-2026)
- 6.9.4 AXA Travel Cancellation Insurance Product Portfolio
- 6.9.5 AXA Recent Developments
- 6.10 UnitedHealthcare Global
- 6.10.1 UnitedHealthcare Global Company Information
- 6.10.2 UnitedHealthcare Global Business Overview
- 6.10.3 UnitedHealthcare Global Travel Cancellation Insurance Revenue, Global Share and Gross Margin (2021-2026)
- 6.10.4 UnitedHealthcare Global Travel Cancellation Insurance Product Portfolio
- 6.10.5 UnitedHealthcare Global Recent Developments
- 6.11 Tokio Marine Holdings
- 6.11.1 Tokio Marine Holdings Company Information
- 6.11.2 Tokio Marine Holdings Business Overview
- 6.11.3 Tokio Marine Holdings Travel Cancellation Insurance Revenue, Global Share and Gross Margin (2021-2026)
- 6.11.4 Tokio Marine Holdings Travel Cancellation Insurance Product Portfolio
- 6.11.5 Tokio Marine Holdings Recent Developments
- 6.12 Hanse Merkur
- 6.12.1 Hanse Merkur Company Information
- 6.12.2 Hanse Merkur Business Overview
- 6.12.3 Hanse Merkur Travel Cancellation Insurance Revenue, Global Share and Gross Margin (2021-2026)
- 6.12.4 Hanse Merkur Travel Cancellation Insurance Product Portfolio
- 6.12.5 Hanse Merkur Recent Developments
- 6.13 Sompo Japan Nipponkoa
- 6.13.1 Sompo Japan Nipponkoa Company Information
- 6.13.2 Sompo Japan Nipponkoa Business Overview
- 6.13.3 Sompo Japan Nipponkoa Travel Cancellation Insurance Revenue, Global Share and Gross Margin (2021-2026)
- 6.13.4 Sompo Japan Nipponkoa Travel Cancellation Insurance Product Portfolio
- 6.13.5 Sompo Japan Nipponkoa Recent Developments
- 6.14 China Life
- 6.14.1 China Life Company Information
- 6.14.2 China Life Business Overview
- 6.14.3 China Life Travel Cancellation Insurance Revenue, Global Share and Gross Margin (2021-2026)
- 6.14.4 China Life Travel Cancellation Insurance Product Portfolio
- 6.14.5 China Life Recent Developments
- 6.15 China Pacific Insurance
- 6.15.1 China Pacific Insurance Company Information
- 6.15.2 China Pacific Insurance Business Overview
- 6.15.3 China Pacific Insurance Travel Cancellation Insurance Revenue, Global Share and Gross Margin (2021-2026)
- 6.15.4 China Pacific Insurance Travel Cancellation Insurance Product Portfolio
- 6.15.5 China Pacific Insurance Recent Developments
7 North America
- 7.1 North America Travel Cancellation Insurance Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.2 North America Travel Cancellation Insurance Market Size by Country (2021-2026)
- 7.3 North America Travel Cancellation Insurance Market Size Forecast by Country (2027-2032)
8 Europe
- 8.1 Europe Travel Cancellation Insurance Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.2 Europe Travel Cancellation Insurance Market Size by Country (2021-2026)
- 8.3 Europe Travel Cancellation Insurance Market Size Forecast by Country (2027-2032)
9 Asia-Pacific
- 9.1 Asia-Pacific Travel Cancellation Insurance Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.2 Asia-Pacific Travel Cancellation Insurance Market Size by Country (2021-2026)
- 9.3 Asia-Pacific Travel Cancellation Insurance Market Size Forecast by Country (2027-2032)
10 South America
- 10.1 South America Travel Cancellation Insurance Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.2 South America Travel Cancellation Insurance Market Size by Country (2021-2026)
- 10.3 South America Travel Cancellation Insurance Market Size Forecast by Country (2027-2032)
11 Middle East & Africa
- 11.1 Middle East & Africa Travel Cancellation Insurance Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.2 Middle East & Africa Travel Cancellation Insurance Market Size by Country (2021-2026)
- 11.3 Middle East & Africa Travel Cancellation Insurance Market Size Forecast by Country (2027-2032)
12 Concluding Insights
13 Appendix
- 13.1 Reasons for Doing This Study
- 13.2 Research Methodology
- 13.3 Research Process
- 13.4 Authors List of This Report
- 13.5 Data Source
- 13.5.1 Secondary Sources
- 13.5.2 Primary Sources
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