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2023

Canada Travel Insurance Market

Canada Travel Insurance Market Size, Share, Competitive Landscape and Trend Analysis Report, by Insurance Cover, by Distribution Channel, by End User, by Age Group : Opportunity Analysis and Industry Forecast, 2021-2031

BI : Banking

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Author's: Kanhaiya Kathoke| Sourabh Ekre | Onkar Sumant
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The Canada travel insurance market provides an overview of the industry based on key parameters such as market size, sales and key drivers. The market report is conducted covering the operations of various organizations in the industry across the country. The analysis is a perfect amalgamation of qualitative and quantitative information underlining key market developments and challenges that the industry is facing along with new opportunities available in the Canada travel insurance market. The report cites the factual data during the estimated period. The overall challenges and opportunities of the market are also depicted in the report.

Canada Travel Insurance Market
By Insurance Cover
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Long-Stay Travel Insurance segment was the leading segment during forecast period.

The report further manifests a viable market scenario based on key product offerings. Porter’s five forces analysis, on the other hand, exemplifies the potency of buyers & suppliers in the sector. The report provides the detailed Canada travel insurance market analysis and illustrates how the competition will take shape in the coming years. Portraying the top 10 major players operating in the market, the study highlights the strategies incorporated by them to brace their stand in the industry.

Key takeaways of the report

  • An interpretative depiction of the Canada travel insurance market along with the current trends and future valuations to support the investment pockets.

  • Leading revenue generating segment along with provincial trends and opportunities

  • Qualitative assessment of market drivers, challenges, opportunities, and trends

  • Regulatory procedures and development trends

  • Company profiles along with their financial details and investment plans

  • Assessment of recent developments and strategies and their impact on the market

COVID-19 Impact Analysis

The outbreak of the COVID-19 pandemic is expected to affect the global economy to a significant extent. Offering a micro and macro economic analysis, the report presents an overall impact of COVID-19 on the Canada travel insurance market in detail. The in-depth study focuses on the market share and size, which has portrayed the impact that the pandemic has had on the Canada travel insurance market in the year 2020 and is likely to have in the coming years. Furthermore, the report also depicts the strategies adopted by the key players in order to combat the downfall.

Canada Travel Insurance Market Report Highlights

Aspects Details
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By Insurance Cover
  • Single-Trip Travel Insurance
  • Annual Multi-Trip Travel Insurance
  • Long-Stay Travel Insurance
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By Age Group
  • 1-17 Years Old
  • 18-30 Years Old
  • 31-49 Years Old
  • Above 50
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By Distribution Channel
  • Insurance Intermediaries
  • Insurance Companies
  • Banks
  • Insurance Brokers
  • Insurance Aggregators
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By End User
  • Senior Citizens
  • Education Travelers
  • Business Travelers
  • Family Travelers
  • Others
Author Name(s) : Kanhaiya Kathoke| Sourabh Ekre | Onkar Sumant

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Canada Travel Insurance Market

Opportunity Analysis and Industry Forecast, 2021-2031