Global Cargo Transportation Insurance Market

  • Product Code:
    RP-ID-10060156
  • Published Date:
    21 Oct 2022
  • Region:
    Global
  • Pages:
    106
  • Category:
    ICT & Telecom
  • Publisher:
    Pub-ID-12

Impact Analysis on the Growth of Market

Inflation and Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.


With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.



Market Overview:

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What is Cargo Transportation Insurance?
Cargo transportation insurance is a policy that offers coverage to various loss compensation and relevant charges of insured goods or property while it is in transit from one place to another on any mode of transport. Mode of transportation included are land, water and air. It covers compensation for loss caused due to accidents and natural disasters. On the basis of transportation mode, it is further classified into land cargo insurance, air cargo insurance and marine cargo insurance. The targeted customers of cargo transportation insurance are import and export trade enterprises, logistics companies, foreign investment companies, processing trade enterprises, and foreign engineering service companies.

Global Cargo Transportation Insurance Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
Privatization of the transportation business in developing countries has fuelled the competitiveness and efficiency of the industry. This drove the growth of the transportation sector that in turn drives the demand for global cargo transportation insurance market. On the other hand, lack of awareness and greater volatility of market might hinder the overall growth at a global level.
Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global Cargo Transportation Insurance Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market. This can be of a great use in gaining knowledge about the cutting-edge technologies in the market.

Global Cargo Transportation Insurance Market Competitive Landscape
The “Global Cargo Transportation Insurance Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Marsh, TIBA, Travelers Insurance, Halk Sigorta, Integro Group, Liberty Insurance Limited, Chubb, AGCS, Aon, Arthur J. Gallagher, Liberty Mutual Insurance, AIG, Marsh, Swiss Re, Zurich Insurance, Atrium, Samsung Fire & Marine Insurance, Mitsui Sumitomo Insurance, Munich Re, Peoples Insurance Agency, Sompo Japan Nipponkoa Insurance, Thomas Miller, XL Group Public Limited, Gard, and Tokio Marine Holdings. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above mentioned players globally.

Global Cargo Transportation Insurance Market Segmentation, by Type
• Land Cargo Insurance
• Air Cargo Insurance
• Marine Cargo Insurance

Global Cargo Transportation Insurance Market Segmentation, by Application
• Marine
• Land
• Aviation

Global Cargo Transportation Insurance Market Geographic Scope
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Latin America
o Brazil
• Rest of the World

RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH:

To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our sales team at Verified Market Research.


Geography Analysis:


The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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