Single Trip Travel Insurance Market 2028 By Size, Share, Trends, Growth, Forecast
The global single trip travel insurance market continues to grow steadily, driven by increasing awareness of travel risks and a desire for comprehensive coverage for short-term journeys. According to TechSci Research report, “ Global Single Trip Travel Insurance Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028 ”, the Global Single Trip Travel Insurance Market stood at USD 8.2 Billion in 2022 and is anticipated to grow with a CAGR of 20.14% in the forecast period, 2024-2028. The Global Single Trip Travel Insurance Market faces evolving consumer preferences, such as the need for customized policies, and emerging risks like health crises and climate change. Regulatory compliance and global variations pose challenges, along with increasing claims fraud and cybersecurity threats. However, trends such as pandemic-related coverage, digitalization, sustainability considerations, specialized adventure and experiential travel coverage, contactless c...