Product Code: MCP13087
Global Logistics Insurance Market to Reach $68.5 Billion by 2027
Amid the COVID-19 crisis, the global market for Logistics Insurance estimated at US$64.3 Billion in the year 2020, is projected to reach a revised size of US$68.5 Billion by 2027, growing at a CAGR of 0.9% over the analysis period 2020-2027. Marine Insurance, one of the segments analyzed in the report, is projected to record a 1.1% CAGR and reach US$38.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Inland Insurance segment is readjusted to a revised 0.7% CAGR for the next 7-year period.
The U.S. Market is Estimated at $17.5 Billion, While China is Forecast to Grow at 2.1% CAGR
The Logistics Insurance market in the U.S. is estimated at US$17.5 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$12.6 Billion by the year 2027 trailing a CAGR of 2.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at -0.2% and 0.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 0.1% CAGR.
Aviation Insurance Segment to Record 0.5% CAGR
In the global Aviation Insurance segment, USA, Canada, Japan, China and Europe will drive the 0.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$6.7 Billion in the year 2020 will reach a projected size of US$6.9 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$8.9 Billion by the year 2027, while Latin America will expand at a 1.1% CAGR through the analysis period. We bring years of research experience to this 8th edition of our report. The 188-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others,
- Aon PLC
- Atrium Corporation
- Beazley Group
- Gard AS
- Liberty Mutual Insurance
- Mitsui Sumitomo Insurance Company, Limited
- Peoples Insurance Agency
- Samsung Fire & Marine Insurance Co., Ltd.
- Sompo Japan Nipponkoa Insurance Inc.
- Swiss Re Ltd
- Tokio Marine Holdings, Inc.
TABLE OF CONTENTS
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Global Competitor Market Shares
- Logistics Insurance Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
- TABLE 1: Logistics Insurance Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
- TABLE 2: Logistics Insurance Global Retrospective Market Scenario in US$ Million by Region/Country: 2012-2019
- TABLE 3: Logistics Insurance Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027
- TABLE 4: Marine Insurance (Segment) World Market by Region/Country in US$ Million: 2020 to 2027
- TABLE 5: Marine Insurance (Segment) Historic Market Analysis by Region/Country in US$ Million: 2012 to 2019
- TABLE 6: Marine Insurance (Segment) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027
- TABLE 7: Inland Insurance (Segment) Potential Growth Markets Worldwide in US$ Million: 2020 to 2027
- TABLE 8: Inland Insurance (Segment) Historic Market Perspective by Region/Country in US$ Million: 2012 to 2019
- TABLE 9: Inland Insurance (Segment) Market Sales Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027
- TABLE 10: Aviation Insurance (Segment) Geographic Market Spread Worldwide in US$ Million: 2020 to 2027
- TABLE 11: Aviation Insurance (Segment) Region Wise Breakdown of Global Historic Demand in US$ Million: 2012 to 2019
- TABLE 12: Aviation Insurance (Segment) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027
III. MARKET ANALYSIS
- GEOGRAPHIC MARKET ANALYSIS
- UNITED STATES
- Market Facts & Figures
- US Logistics Insurance Market Share (in %) by Company: 2019 & 2025
- Market Analytics
- TABLE 13: United States Logistics Insurance Market Estimates and Projections in US$ Million by Segment: 2020 to 2027
- TABLE 14: Logistics Insurance Market in the United States by Segment: A Historic Review in US$ Million for 2012-2019
- TABLE 15: United States Logistics Insurance Market Share Breakdown by Segment: 2012 VS 2020 VS 2027
- CANADA
- TABLE 16: Canadian Logistics Insurance Market Estimates and Forecasts in US$ Million by Segment: 2020 to 2027
- TABLE 17: Canadian Logistics Insurance Historic Market Review by Segment in US$ Million: 2012-2019
- TABLE 18: Logistics Insurance Market in Canada: Percentage Share Breakdown of Sales by Segment for 2012, 2020, and 2027
- JAPAN
- TABLE 19: Japanese Market for Logistics Insurance: Annual Sales Estimates and Projections in US$ Million by Segment for the Period 2020-2027
- TABLE 20: Logistics Insurance Market in Japan: Historic Sales Analysis in US$ Million by Segment for the Period 2012-2019
- TABLE 21: Japanese Logistics Insurance Market Share Analysis by Segment: 2012 VS 2020 VS 2027
- CHINA
- TABLE 22: Chinese Logistics Insurance Market Growth Prospects in US$ Million by Segment for the Period 2020-2027
- TABLE 23: Logistics Insurance Historic Market Analysis in China in US$ Million by Segment: 2012-2019
- TABLE 24: Chinese Logistics Insurance Market by Segment: Percentage Breakdown of Sales for 2012, 2020, and 2027
- EUROPE
- Market Facts & Figures
- European Logistics Insurance Market: Competitor Market Share Scenario (in %) for 2019 & 2025
- Market Analytics
- TABLE 25: European Logistics Insurance Market Demand Scenario in US$ Million by Region/Country: 2020-2027
- TABLE 26: Logistics Insurance Market in Europe: A Historic Market Perspective in US$ Million by Region/Country for the Period 2012-2019
- TABLE 27: European Logistics Insurance Market Share Shift by Region/Country: 2012 VS 2020 VS 2027
- TABLE 28: European Logistics Insurance Market Estimates and Forecasts in US$ Million by Segment: 2020-2027
- TABLE 29: Logistics Insurance Market in Europe in US$ Million by Segment: A Historic Review for the Period 2012-2019
- TABLE 30: European Logistics Insurance Market Share Breakdown by Segment: 2012 VS 2020 VS 2027
- FRANCE
- TABLE 31: Logistics Insurance Market in France by Segment: Estimates and Projections in US$ Million for the Period 2020-2027
- TABLE 32: French Logistics Insurance Historic Market Scenario in US$ Million by Segment: 2012-2019
- TABLE 33: French Logistics Insurance Market Share Analysis by Segment: 2012 VS 2020 VS 2027
- GERMANY
- TABLE 34: Logistics Insurance Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Segment for the Period 2020-2027
- TABLE 35: German Logistics Insurance Historic Market Analysis in US$ Million by Segment: 2012-2019
- TABLE 36: German Logistics Insurance Market Share Breakdown by Segment: 2012 VS 2020 VS 2027
- ITALY
- TABLE 37: Italian Logistics Insurance Market Growth Prospects in US$ Million by Segment for the Period 2020-2027
- TABLE 38: Logistics Insurance Historic Market Analysis in Italy in US$ Million by Segment: 2012-2019
- TABLE 39: Italian Logistics Insurance Market by Segment: Percentage Breakdown of Sales for 2012, 2020, and 2027
- UNITED KINGDOM
- TABLE 40: United Kingdom Market for Logistics Insurance: Annual Sales Estimates and Projections in US$ Million by Segment for the Period 2020-2027
- TABLE 41: Logistics Insurance Market in the United Kingdom: Historic Sales Analysis in US$ Million by Segment for the Period 2012-2019
- TABLE 42: United Kingdom Logistics Insurance Market Share Analysis by Segment: 2012 VS 2020 VS 2027
- SPAIN
- TABLE 43: Spanish Logistics Insurance Market Estimates and Forecasts in US$ Million by Segment: 2020 to 2027
- TABLE 44: Spanish Logistics Insurance Historic Market Review by Segment in US$ Million: 2012-2019
- TABLE 45: Logistics Insurance Market in Spain: Percentage Share Breakdown of Sales by Segment for 2012, 2020, and 2027
- RUSSIA
- TABLE 46: Russian Logistics Insurance Market Estimates and Projections in US$ Million by Segment: 2020 to 2027
- TABLE 47: Logistics Insurance Market in Russia by Segment: A Historic Review in US$ Million for 2012-2019
- TABLE 48: Russian Logistics Insurance Market Share Breakdown by Segment: 2012 VS 2020 VS 2027
- REST OF EUROPE
- TABLE 49: Rest of Europe Logistics Insurance Market Estimates and Forecasts in US$ Million by Segment: 2020-2027
- TABLE 50: Logistics Insurance Market in Rest of Europe in US$ Million by Segment: A Historic Review for the Period 2012-2019
- TABLE 51: Rest of Europe Logistics Insurance Market Share Breakdown by Segment: 2012 VS 2020 VS 2027
- ASIA-PACIFIC
- TABLE 52: Asia-Pacific Logistics Insurance Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
- TABLE 53: Logistics Insurance Market in Asia-Pacific: Historic Market Analysis in US$ Million by Region/Country for the Period 2012-2019
- TABLE 54: Asia-Pacific Logistics Insurance Market Share Analysis by Region/Country: 2012 VS 2020 VS 2027
- TABLE 55: Logistics Insurance Market in Asia-Pacific by Segment: Estimates and Projections in US$ Million for the Period 2020-2027
- TABLE 56: Asia-Pacific Logistics Insurance Historic Market Scenario in US$ Million by Segment: 2012-2019
- TABLE 57: Asia-Pacific Logistics Insurance Market Share Analysis by Segment: 2012 VS 2020 VS 2027
- AUSTRALIA
- TABLE 58: Logistics Insurance Market in Australia: Recent Past, Current and Future Analysis in US$ Million by Segment for the Period 2020-2027
- TABLE 59: Australian Logistics Insurance Historic Market Analysis in US$ Million by Segment: 2012-2019
- TABLE 60: Australian Logistics Insurance Market Share Breakdown by Segment: 2012 VS 2020 VS 2027
- INDIA
- TABLE 61: Indian Logistics Insurance Market Estimates and Forecasts in US$ Million by Segment: 2020 to 2027
- TABLE 62: Indian Logistics Insurance Historic Market Review by Segment in US$ Million: 2012-2019
- TABLE 63: Logistics Insurance Market in India: Percentage Share Breakdown of Sales by Segment for 2012, 2020, and 2027
- SOUTH KOREA
- TABLE 64: Logistics Insurance Market in South Korea: Recent Past, Current and Future Analysis in US$ Million by Segment for the Period 2020-2027
- TABLE 65: South Korean Logistics Insurance Historic Market Analysis in US$ Million by Segment: 2012-2019
- TABLE 66: Logistics Insurance Market Share Distribution in South Korea by Segment: 2012 VS 2020 VS 2027
- REST OF ASIA-PACIFIC
- TABLE 67: Rest of Asia-Pacific Market for Logistics Insurance: Annual Sales Estimates and Projections in US$ Million by Segment for the Period 2020-2027
- TABLE 68: Logistics Insurance Market in Rest of Asia-Pacific: Historic Sales Analysis in US$ Million by Segment for the Period 2012-2019
- TABLE 69: Rest of Asia-Pacific Logistics Insurance Market Share Analysis by Segment: 2012 VS 2020 VS 2027
- LATIN AMERICA
- TABLE 70: Latin American Logistics Insurance Market Trends by Region/Country in US$ Million: 2020-2027
- TABLE 71: Logistics Insurance Market in Latin America in US$ Million by Region/Country: A Historic Perspective for the Period 2012-2019
- TABLE 72: Latin American Logistics Insurance Market Percentage Breakdown of Sales by Region/Country: 2012, 2020, and 2027
- TABLE 73: Latin American Logistics Insurance Market Growth Prospects in US$ Million by Segment for the Period 2020-2027
- TABLE 74: Logistics Insurance Historic Market Analysis in Latin America in US$ Million by Segment: 2012-2019
- TABLE 75: Latin American Logistics Insurance Market by Segment: Percentage Breakdown of Sales for 2012, 2020, and 2027
- ARGENTINA
- TABLE 76: Argentinean Logistics Insurance Market Estimates and Forecasts in US$ Million by Segment: 2020-2027
- TABLE 77: Logistics Insurance Market in Argentina in US$ Million by Segment: A Historic Review for the Period 2012-2019
- TABLE 78: Argentinean Logistics Insurance Market Share Breakdown by Segment: 2012 VS 2020 VS 2027
- BRAZIL
- TABLE 79: Logistics Insurance Market in Brazil by Segment: Estimates and Projections in US$ Million for the Period 2020-2027
- TABLE 80: Brazilian Logistics Insurance Historic Market Scenario in US$ Million by Segment: 2012-2019
- TABLE 81: Brazilian Logistics Insurance Market Share Analysis by Segment: 2012 VS 2020 VS 2027
- MEXICO
- TABLE 82: Logistics Insurance Market in Mexico: Recent Past, Current and Future Analysis in US$ Million by Segment for the Period 2020-2027
- TABLE 83: Mexican Logistics Insurance Historic Market Analysis in US$ Million by Segment: 2012-2019
- TABLE 84: Mexican Logistics Insurance Market Share Breakdown by Segment: 2012 VS 2020 VS 2027
- REST OF LATIN AMERICA
- TABLE 85: Rest of Latin America Logistics Insurance Market Estimates and Projections in US$ Million by Segment: 2020 to 2027
- TABLE 86: Logistics Insurance Market in Rest of Latin America by Segment: A Historic Review in US$ Million for 2012-2019
- TABLE 87: Rest of Latin America Logistics Insurance Market Share Breakdown by Segment: 2012 VS 2020 VS 2027
- MIDDLE EAST
- TABLE 88: The Middle East Logistics Insurance Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
- TABLE 89: Logistics Insurance Market in the Middle East by Region/Country in US$ Million: 2012-2019
- TABLE 90: The Middle East Logistics Insurance Market Share Breakdown by Region/Country: 2012, 2020, and 2027
- TABLE 91: The Middle East Logistics Insurance Market Estimates and Forecasts in US$ Million by Segment: 2020 to 2027
- TABLE 92: The Middle East Logistics Insurance Historic Market by Segment in US$ Million: 2012-2019
- TABLE 93: Logistics Insurance Market in the Middle East: Percentage Share Breakdown of Sales by Segment for 2012,2020, and 2027
- IRAN
- TABLE 94: Iranian Market for Logistics Insurance: Annual Sales Estimates and Projections in US$ Million by Segment for the Period 2020-2027
- TABLE 95: Logistics Insurance Market in Iran: Historic Sales Analysis in US$ Million by Segment for the Period 2012-2019
- TABLE 96: Iranian Logistics Insurance Market Share Analysis by Segment: 2012 VS 2020 VS 2027
- ISRAEL
- TABLE 97: Israeli Logistics Insurance Market Estimates and Forecasts in US$ Million by Segment: 2020-2027
- TABLE 98: Logistics Insurance Market in Israel in US$ Million by Segment: A Historic Review for the Period 2012-2019
- TABLE 99: Israeli Logistics Insurance Market Share Breakdown by Segment: 2012 VS 2020 VS 2027
- SAUDI ARABIA
- TABLE 100: Saudi Arabian Logistics Insurance Market Growth Prospects in US$ Million by Segment for the Period 2020-2027
- TABLE 101: Logistics Insurance Historic Market Analysis in Saudi Arabia in US$ Million by Segment: 2012-2019
- TABLE 102: Saudi Arabian Logistics Insurance Market by Segment: Percentage Breakdown of Sales for 2012, 2020, and 2027
- UNITED ARAB EMIRATES
- TABLE 103: Logistics Insurance Market in the United Arab Emirates: Recent Past, Current and Future Analysis in US$ Million by Segment for the Period 2020-2027
- TABLE 104: United Arab Emirates Logistics Insurance Historic Market Analysis in US$ Million by Segment: 2012-2019
- TABLE 105: Logistics Insurance Market Share Distribution in United Arab Emirates by Segment: 2012 VS 2020 VS 2027
- REST OF MIDDLE EAST
- TABLE 106: Logistics Insurance Market in Rest of Middle East: Recent Past, Current and Future Analysis in US$ Million by Segment for the Period 2020-2027
- TABLE 107: Rest of Middle East Logistics Insurance Historic Market Analysis in US$ Million by Segment: 2012-2019
- TABLE 108: Rest of Middle East Logistics Insurance Market Share Breakdown by Segment: 2012 VS 2020 VS 2027
- AFRICA
- TABLE 109: African Logistics Insurance Market Estimates and Projections in US$ Million by Segment: 2020 to 2027
- TABLE 110: Logistics Insurance Market in Africa by Segment: A Historic Review in US$ Million for 2012-2019
- TABLE 111: African Logistics Insurance Market Share Breakdown by Segment: 2012 VS 2020 VS 2027
IV. COMPETITION
- Total Companies Profiled: 47
