The Cargo Insurance Market size was valued at USD 69.84 billion in 2024 and is expected to reach USD 101.43 billion by 2032, expanding at a CAGR of 4.8% over the forecast period of 2025-2032.
The Cargo Insurance Market is part of the transportation and logistics sector that provides cover for goods that are carried and transported by air, land, and sea against risks such as theft, damage, and loss. Demand for different types of coverage, such as ocean, air, and land insurance, is driven primarily by increasing international trade and e-commerce. Flexible options such as single-trip, annual contract, and open cover policies are also suitable for businesses of all sizes. Furniture, manufacturing, retail, logistics, and other industries that transport high-value or perishable goods that are often lost and stolen benefit from cargo insurance, whether directly through shipping or indirectly during the collection of under-the-table pay. Asia Pacific leads the fastest growth region, while North America and Europe lead the value due to their advanced logistics network.
According to research, AI-powered claims processing cuts settlement time from over 30 days to under 7, while blockchain-based digital policies reduce fraud risk by up to 25%.
The U.S Cargo Insurance Market size reached USD 14.51 billion in 2024 and is expected to reach USD 19.43 billion in 2032 at a CAGR of 4.26% from 2025 to 2032.
The U.S. cargo insurance market leads the world, derived from its robust logistics infrastructure, large volume of trade, and rising risk management needs for cross-border cargoes. Expansion in e-commerce, increase in transportation of valuables and temperature-controlled freight, as well as rising inclination towards the use of digital platforms for real-time monitoring and claims processing are some of the key contributors to this growth. Moreover, the availability of major global insurers and rigorous regulatory requirements helps ensure full cargo coverage.
Drivers:
Growing International Trade Volumes and E-Commerce Activities Drive the Demand for Comprehensive and Flexible Cargo Insurance Coverage Solutions
The growth of international trade and the explosion of e-commerce have led to a continuously rising demand for strong cargo insurance solutions. Businesses are shipping larger amounts of goods, often through multiple modes, thus requiring broader-based coverage that also needs to be more flexible. Insurance is used by e-commerce platforms behind their dream of speedy delivery for the customers since any sort of delay, damage, or loss causes risk problems. However, insurers began incorporating digital tools over the past few years, such as blockchain for transparent contracts and IoT for shipment tracking, thereby making risk management much more efficient.
According to the International Transport Forum, over 70% of global cargo now involves at least two modes of transport, increasing the need for flexible, multimodal insurance coverage.
Restraints:
High Insurance Premiums and Limited Awareness Among Small and Medium Enterprises Hinder Wider Adoption of Cargo Coverage Across Global Markets.
While cargo insurance is beneficial, many small and medium-sized enterprises still do not have it, mainly due to expensive premium rates and a lack of awareness of its usefulness. But a lot of SMEs either do not buy enough insurance for their goods or they go without insurance at all, putting themselves at risk for hefty payouts should the unfortunate happen. Complicated insurance nomenclature and relatively low ROI terms make for an uphill battle. However, cargo insurance market companies have begun to roll out accelerated, usage-based policies and awareness efforts for small and medium-sized enterprise businesses.
Opportunities:
Rising Integration of Artificial Intelligence and Blockchain Technology Creates Opportunities for Real-Time Risk Assessment and Faster Claims Management.
There are loads of opportunities waiting to be tapped in the cargo insurance sector, due to the opening up of some new fields by technological advancements such as the integration of AI and blockchain processes. It leverages AI for real-time risk modelling, predictive analytics, and automated decision-making, resulting in more accurate underwriting and timely claims settlement. It could guarantee concrete, transparent, real-time, and updated policy contracts for a trustworthy process along the entire logistics chain. This digital transformation not only increases efficiency but also caters to technology-minded clients who want their insurance to be faster and data-driven, in line with modern logistics and the complexities of global shipping.
Challenges:
Increasing Disruptions from Natural Disasters and Geopolitical Conflicts Pose Significant Challenges to Cargo Insurance Risk Management and Claim Payout Structures
More frequent natural disasters like floods and hurricanes, higher geopolitical tensions, are major headwinds for cargo grounds. These events make the risk assessment much harder and increase the loss ratios, but they are totally unpredictable. Incidents such as the Red Sea shipping crisis or European port strikes have brought up losses and costs in the insurance sector related to supply chain disruption. Companies are integrating climate modelling and geopolitical intelligence into their underwriting, but the volatility of global conditions is still overburdening risk frameworks and capital buffers.
By Type
In 2024, Ocean Cargo Insurance will dominate the market with a 52.31% share of the revenue. This places an emphasis on the dominance that these trade routes have, accounting for more than 80% of global trade by volume, although this is a myriad metric. This growth in the segment is due to increasing international trade and growing e-commerce, along with rising demand for imported goods. Since the Israel-Gaza conflict, brokers like Howden have introduced war risk cargo insurance for ships in high-risk zones like the Red Sea.
The Air Cargo Insurance segment is expected to grow at the fastest CAGR of 6.65%. The growth is driven by the rising need for quick delivery of high-value, time-sensitive goods, including electronics and pharmaceuticals. The segment benefits from an increase in air freight services and globalization of the supply chain. In this space, Parsyl is adding value by providing better tools around risk management by using sensors for temperature-sensitive shipments to lower their losses.
By Coverage
In 2024, Annual Contract Insurance will account for the largest revenue share, 40.54%. The segment holds a leading spot as it offers a cheaper and convenient option for businesses that ship regularly. With it, you will not have the related administrative burden and will get seamless protection coverage. This segment is driven by the growing complexity of supply chains and the need for continuous risk management solutions. This is making the segment more attractive to a wider variety of clients as insurers are creating specialized annual policies for specific industries.
Open Cover Insurance is anticipated to grow at the fastest CAGR of 6.06% during the forecast period. The increase comes from its ability to accommodate clients with ever-changing shipment amounts and shipment frequencies. This part of the segment is a better fit for businesses with less predictable shipping schedules and covers numerous shipments under one contract. Post-pandemic global trade recovery has contributed to a considerable increase in open cover policies as climbing cargo volumes lead to greater demand for all-in-one shipment coverage.
By Industry
The manufacturing industry segment leads the market with a revenue share of 34.38% in 2024. When manufacturers transport raw materials and finished goods, they are heavily reliant on cargo insurance policies to prevent the risk of financial loss. Driven by the increasing globalization of manufacturing operations and supply chains, the growth in the segment is significant. The provision of tailored insurance policies designed to mitigate sector-specific risks, such as equipment damage and production delays, is further strengthening the position of the segment in the global market.
The Retail segment is expected to have the strongest growth, with a CAGR of 6.77%. This expansion is driven by the rapid increase in e-commerce and the demand for logistics solutions to support people buying goods on the internet. With more losses being caused by the damage or the delay in the shipment, there is a growing demand from retailers for insured cargo. In response, insurers are crafting sector-specific policies, including immediate monitoring and fast claim procedures, which are then supporting the growth trajectory of the segment.
By Commodity
Bulk Cargo accounts for the fastest cargo insurance market share of 31.42% in 2024. Particularly bulk commodities, i.e., coal, grain, and minerals. It is primarily fueled by the continuous consumption of these basic commodities and the inherent danger of moving it across borders. To deal with challenges like spillage, contamination, and weather-related damages, insurers are coming up with tailored solutions to protect bulk cargo shipments.
The High-Value Goods segment is anticipated to witness the fastest CAGR of 6.48% over the forecast period. Such growth is propelled by the increase in cross-border transportation of high-value goods like luxury goods, electronics, pharmaceuticals, etc., which requires added service in-transit protection. With the help of IoT and Blockchain, insurers are providing real-time monitoring and high-value shipments documentation. These advancements play a significant role in reducing risks associated with theft and damage, thus bolstering the segment's growth.
By Scale
Large Enterprises account for 38.14% of the market revenue in 2024. Engaged in large amounts of international trade, they require all-risk cargo insurance products to protect their services. The growth is propelled by both the increasing complexity of large supply chains as well as the demand for tailored insurance policies. The tailored offerings, where integrated risk management services and focused support are being offered to fulfill the needs of large enterprises, further reinforce the leading position of this segment.
The SMEs segment is expected to grow at the fastest CAGR of 5.88%. The growth is also credited to the growing awareness of SMEs to participate in global trade and the need for them to realize the need for taking cargo insurance. The Indian government's subsidy scheme, launched in April 2024, is designed to stimulate marine cargo insurance among exporters, specifically SMEs, by minimizing the cost of insurance premiums and easing export risks.
North America accounts for the largest market share of 30.40% due to its superior logistics network infrastructure, significant monetary value added to international trade, and a strong regulatory environment. Market growth is further fostered by the advancement of an ecosystem for a mature supply chain in the region and the penetration of digital insurance platforms. This growth is mainly driven by the surge in e-commerce shipments and the increasing demand for tailored insurance coverage solutions.
The United States dominates the North American market due to its massive trade volume, advanced transportation infrastructure, and widespread use of risk management solutions in freight and logistics.
Europe, being a major contributor to cross-border trade agreements, has the presence of established sea routes, the high uptake of risk management solutions, growing maritime tourism, and other factors for the European insurance market. Good oversight on insurance policies and international policyholders is provided by the top insurers who provide insurance across maritime, air, and land transport.
Germany ranks first in Europe due to its highly export-oriented economy, excellent connectivity, logistics hubs, and presence of various global cargo insurance providers.
The Asia Pacific is growing at the fastest rate, at a CAGR of 6.41%, due to the thriving of manufacturing, growing cross-border trade, and an increase in cargo movement through prominent shipping hubs. The ongoing market growth in the region is, thus, mainly attributed to the rapid infrastructure development and the growing awareness of the protection of cargo.
China dominates Asia Pacific due to its large export volume, extensive shipping networks, and increased demand for cargo coverage across manufacturing and e-commerce sectors.
The Middle East & Africa and Latin America are experiencing cargo insurance market growth due to various trade routes, infrastructural developments, and increasing export movements in the region, spearheaded by the UAE and Brazil as key hubs for logistics and trading activities, respectively.
The major key players of the cargo insurance market are Allianz, Zurich Insurance Group, Generali, Liberty Mutual, Munich Re, AIG, Swiss Re, Tokio Marine, Lloyd’s of London, Chubb, and others.
In May 2024, Allianz Commercial expanded its project cargo insurance to cover high-value shipments, offering enhanced protection against transit damage, delays, and geopolitical risks for global infrastructure projects.
In February 2025, Helvetia Global Solutions partnered with insurtech Breeze to integrate advanced technology into cargo insurance, enhancing and streamlining international transport insurance solutions.
| Report Attributes | Details |
|---|---|
| Market Size in 2024 | USD 69.84 Billion |
| Market Size by 2032 | USD 101.43 Billion |
| CAGR | CAGR of 4.8% From 2025 to 2032 |
| Base Year | 2024 |
| Forecast Period | 2025-2032 |
| Historical Data | 2021-2023 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | •By Type (Ocean Cargo Insurance, Air Cargo Insurance, Land Cargo Insurance) •By Coverage (Single-Trip Insurance, Annual Contract Insurance, Open Cover Insurance) •By Industry (Manufacturing, Retail, Transportation, Logistics) •By Commodity (High-Value Goods, Bulk Cargo, Perishable Goods, Hazardous Cargo) •By Scale (Small and Medium Enterprises (SMEs), Large Enterprises) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, Poland, Turkey, Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Allianz, Zurich Insurance Group, Generali, Liberty Mutual, Munich Re, AIG, Swiss Re, Tokio Marine, Lloyd’s of London, Chubb. |
Ans: The expected CAGR of the Cargo Insurance Market is 4.8% over the forecast period from 2025 to 2032.
Ans: The Cargo Insurance Market size was valued at USD 69.84 billion in 2024.
Ans: The major growth factor is the growing international trade volumes and expansion of e-commerce activities, which increase demand for comprehensive and flexible cargo insurance coverage solutions.
Ans: The Ocean Cargo Insurance segment dominated the market with a 52.31% revenue share in 2024, driven by its role in over 80% of global trade by volume.
Ans: North America dominated the Cargo Insurance Market in 2024, accounting for the largest market share of 30.40% due to its superior logistics infrastructure, significant trade value, and strong regulatory environment.
Table of Contents:
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.1 Drivers
4.1.2 Restraints
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Premium Volume & Pricing Trends
5.2 Market Penetration & Insurance Adoption Rates
5.3 Loss Ratios & Claims Data
5.4 Risk Assessment Metrics
5.5 Customer Demographics & Behavior
5.7 Economic Impact Data
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and supply chain strategies
6.4.3 Expansion plans and new product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Cargo Insurance Market Segmentation, By Type
7.1 Chapter Overview
7.2 Ocean Cargo Insurance
7.2.1 Ocean Cargo Insurance Market Trends Analysis (2020-2032)
7.2.2 Ocean Cargo Insurance Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 Air Cargo Insurance
7.3.1 Air Cargo Insurance Market Trends Analysis (2020-2032)
7.3.2 Air Cargo Insurance Market Size Estimates and Forecasts to 2032 (USD Billion)
7.4 Land Cargo Insurance
7.4.1 Land Cargo Insurance Market Trends Analysis (2020-2032)
7.4.2 Land Cargo Insurance Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Cargo Insurance Market Segmentation, By Coverage
8.1 Chapter Overview
8.2 SINGLE-TRIP INSURANCE
8.2.1 SINGLE-TRIP INSURANCE Market Trends Analysis (2020-2032)
8.2.2 SINGLE-TRIP INSURANCE Market Size Estimates And Forecasts To 2032 (USD Billion)
8.3 Annual Contract Insurance
8.3.1 Annual Contract Insurance Market Trends Analysis (2020-2032)
8.3.2 Annual Contract Insurance Market Size Estimates And Forecasts To 2032 (USD Billion)
8.4 Open Cover Insurance
8.4.1 Open Cover Insurance Market Trends Analysis (2020-2032)
8.4.2 Open Cover Insurance Market Size Estimates And Forecasts To 2032 (USD Billion)
9. Cargo Insurance Market Segmentation, By Industry
9.1 Chapter Overview
9.2 Manufacturing
9.2.1 Manufacturing Market Trends Analysis (2020-2032)
9.2.2 Manufacturing Market Size Estimates And Forecasts To 2032 (USD Billion)
9.3 Retail
9.3.1 Retail Market Trends Analysis (2020-2032)
9.3.2 Retail Market Size Estimates And Forecasts To 2032 (USD Billion)
9.4 Transportation
9.4.1 Transportation Market Trends Analysis (2020-2032)
9.4.2 Transportation Market Size Estimates And Forecasts To 2032 (USD Billion)
9.5 Logistics
9.5.1 Logistics Market Trends Analysis (2020-2032)
9.5.2 Logistics Market Size Estimates And Forecasts To 2032 (USD Billion)
10. Cargo Insurance Market Segmentation, By Commodity
10.1 Chapter Overview
10.2 High-Value Goods
10.2.1 High-Value Goods Market Trends Analysis (2020-2032)
10.2.2 High-Value Goods Market Size Estimates And Forecasts To 2032 (USD Billion)
10.3 Bulk Cargo
10.3.1 Bulk Cargo Market Trends Analysis (2020-2032)
10.3.2 Bulk Cargo Market Size Estimates And Forecasts To 2032 (USD Billion)
10.4 Perishable Goods
10.4.1 Perishable Goods Market Trends Analysis (2020-2032)
10.4.2 Perishable Goods Market Size Estimates And Forecasts To 2032 (USD Billion)
10.5 Hazardous Cargo
10.5.1 Hazardous Cargo Market Trends Analysis (2020-2032)
10.5.2 Hazardous Cargo Market Size Estimates And Forecasts To 2032 (USD Billion)
11. Cargo Insurance Market Segmentation, By Scale
11.1 Chapter Overview
11.2 SME
11.2.1 SME Market Trends Analysis (2020-2032)
11.2.2 SME Market Size Estimates And Forecasts To 2032 (USD Billion)
11.3 Large enterprises
11.3.1 Large enterprises Market Trends Analysis (2020-2032)
11.3.2 Large enterprises Market Size Estimates And Forecasts To 2032 (USD Billion)
12. Regional Analysis
12.1 Chapter Overview
12.2 North America
12.2.1 Trends Analysis
12.2.2 North America Cargo Insurance Market Estimates And Forecasts, By Country (2020-2032) (USD Billion)
12.2.3 North America Cargo Insurance Market Estimates And Forecasts, By Type (2020-2032) (USD Billion)
12.2.4 North America Cargo Insurance Market Estimates And Forecasts, By Coverage (2020-2032) (USD Billion)
12.2.5 North America Cargo Insurance Market Estimates And Forecasts, By Industry (2020-2032) (USD Billion)
12.2.6 North America Cargo Insurance Market Estimates And Forecasts, By Commodity (2020-2032) (USD Billion)
12.2.7 North America Cargo Insurance Market Estimates And Forecasts, By Scale (2020-2032) (USD Billion)
12.2.8 USA
12.2.8.1 USA Cargo Insurance Market Estimates And Forecasts, By Type (2020-2032) (USD Billion)
12.2.8.2 USA Cargo Insurance Market Estimates And Forecasts, By Coverage (2020-2032) (USD Billion)
12.2.8.3 USA Cargo Insurance Market Estimates And Forecasts, By Industry (2020-2032) (USD Billion)
12.2.8.4 USA Cargo Insurance Market Estimates And Forecasts, By Commodity (2020-2032) (USD Billion)
12.2.8.5 USA Cargo Insurance Market Estimates And Forecasts, By Scale (2020-2032) (USD Billion)
12.2.9 Canada
12.2.9.1 Canada Cargo Insurance Market Estimates And Forecasts, By Type (2020-2032) (USD Billion)
12.2.9.2 Canada Cargo Insurance Market Estimates And Forecasts, By Coverage (2020-2032) (USD Billion)
12.2.9.3 Canada Cargo Insurance Market Estimates And Forecasts, By Industry (2020-2032) (USD Billion)
12.2.9.4 Canada Cargo Insurance Market Estimates And Forecasts, By Commodity (2020-2032) (USD Billion)
12.2.9.5 Canada Cargo Insurance Market Estimates And Forecasts, By Scale (2020-2032) (USD Billion)
12.2.10 Mexico
12.2.10.1 Mexico Cargo Insurance Market Estimates And Forecasts, By Type (2020-2032) (USD Billion)
12.2.10.2 Mexico Cargo Insurance Market Estimates And Forecasts, By Coverage (2020-2032) (USD Billion)
12.2.10.3 Mexico Cargo Insurance Market Estimates And Forecasts, By Industry (2020-2032) (USD Billion)
12.2.10.4 Mexico Cargo Insurance Market Estimates And Forecasts, By Commodity (2020-2032) (USD Billion)
12.2.10.5 Mexico Cargo Insurance Market Estimates And Forecasts, By Scale (2020-2032) (USD Billion)
12.3 Europe
12.3.1 Trends Analysis
12.3.2 Eastern Europe Cargo Insurance Market Estimates And Forecasts, By Country (2020-2032) (USD Billion)
12.3.3 Eastern Europe Cargo Insurance Market Estimates And Forecasts, By Type (2020-2032) (USD Billion)
12.3.4 Eastern Europe Cargo Insurance Market Estimates And Forecasts, By Coverage (2020-2032) (USD Billion)
12.3.5 Eastern Europe Cargo Insurance Market Estimates And Forecasts, By Industry (2020-2032) (USD Billion)
12.3.6 Eastern Europe Cargo Insurance Market Estimates And Forecasts, By Commodity (2020-2032) (USD Billion)
12.3.7 Eastern Europe Cargo Insurance Market Estimates And Forecasts, By Scale (2020-2032) (USD Billion)
12.3.8 Poland
12.3.8.1 Poland Cargo Insurance Market Estimates And Forecasts, By Type (2020-2032) (USD Billion)
12.3.8.2 Poland Cargo Insurance Market Estimates And Forecasts, By Coverage (2020-2032) (USD Billion)
12.3.8.3 Poland Cargo Insurance Market Estimates And Forecasts, By Industry (2020-2032) (USD Billion)
12.3.8.4 Poland Cargo Insurance Market Estimates And Forecasts, By Commodity (2020-2032) (USD Billion)
12.3.8.5 Poland Cargo Insurance Market Estimates And Forecasts, By Scale (2020-2032) (USD Billion)
12.3.9 Turkey
12.3.9.1 Turkey Cargo Insurance Market Estimates And Forecasts, By Type (2020-2032) (USD Billion)
12.3.9.2 Turkey Cargo Insurance Market Estimates And Forecasts, By Coverage (2020-2032) (USD Billion)
12.3.9.3 Turkey Cargo Insurance Market Estimates And Forecasts, By Industry (2020-2032) (USD Billion)
12.3.9.4 Turkey Cargo Insurance Market Estimates And Forecasts, By Commodity (2020-2032) (USD Billion)
12.3.9.5 Turkey Cargo Insurance Market Estimates And Forecasts, By Scale (2020-2032) (USD Billion)
12.3.10 Germany
12.3.10.1 Germany Cargo Insurance Market Estimates And Forecasts, By Type (2020-2032) (USD Billion)
12.3.10.2 Germany Cargo Insurance Market Estimates And Forecasts, By Coverage (2020-2032) (USD Billion)
12.3.10.3 Germany Cargo Insurance Market Estimates And Forecasts, By Industry (2020-2032) (USD Billion)
12.3.10.4 Germany Cargo Insurance Market Estimates And Forecasts, By Commodity (2020-2032) (USD Billion)
12.3.10.5 Germany Cargo Insurance Market Estimates And Forecasts, By Scale (2020-2032) (USD Billion)
12.3.11 France
12.3.11.1 France Cargo Insurance Market Estimates And Forecasts, By Type (2020-2032) (USD Billion)
12.3.11.2 France Cargo Insurance Market Estimates And Forecasts, By Coverage (2020-2032) (USD Billion)
12.3.11.3 France Cargo Insurance Market Estimates And Forecasts, By Industry (2020-2032) (USD Billion)
12.3.11.4 France Cargo Insurance Market Estimates And Forecasts, By Commodity (2020-2032) (USD Billion)
12.3.11.5 France Cargo Insurance Market Estimates And Forecasts, By Scale (2020-2032) (USD Billion)
12.3.12 UK
12.3.12.1 UK Cargo Insurance Market Estimates And Forecasts, By Type (2020-2032) (USD Billion)
12.3.12.2 UK Cargo Insurance Market Estimates And Forecasts, By Coverage (2020-2032) (USD Billion)
12.3.12.3 UK Cargo Insurance Market Estimates And Forecasts, By Industry (2020-2032) (USD Billion)
12.3.12.4 UK Cargo Insurance Market Estimates And Forecasts, By Commodity (2020-2032) (USD Billion)
12.3.12.5 UK Cargo Insurance Market Estimates And Forecasts, By Scale (2020-2032) (USD Billion)
12.3.13 Italy
12.3.13.1 Italy Cargo Insurance Market Estimates And Forecasts, By Type (2020-2032) (USD Billion)
12.3.13.2 Italy Cargo Insurance Market Estimates And Forecasts, By Coverage (2020-2032) (USD Billion)
12.3.13.3 Italy Cargo Insurance Market Estimates And Forecasts, By Industry (2020-2032) (USD Billion)
12.3.13.4 Italy Cargo Insurance Market Estimates And Forecasts, By Commodity (2020-2032) (USD Billion)
12.3.13.5 Italy Cargo Insurance Market Estimates And Forecasts, By Scale (2020-2032) (USD Billion)
12.3.14 Spain
12.3.14.1 Spain Cargo Insurance Market Estimates And Forecasts, By Type (2020-2032) (USD Billion)
12.3.14.2 Spain Cargo Insurance Market Estimates And Forecasts, By Coverage (2020-2032) (USD Billion)
12.3.14.3 Spain Cargo Insurance Market Estimates And Forecasts, By Industry (2020-2032) (USD Billion)
12.3.14.4 Spain Cargo Insurance Market Estimates And Forecasts, By Commodity (2020-2032) (USD Billion)
12.3.14.5 Spain Cargo Insurance Market Estimates And Forecasts, By Scale (2020-2032) (USD Billion)
12.3.15 Rest Of Europe
12.3.15.1 Rest Of Western Europe Cargo Insurance Market Estimates And Forecasts, By Type (2020-2032) (USD Billion)
12.3.15.2 Rest Of Western Europe Cargo Insurance Market Estimates And Forecasts, By Coverage (2020-2032) (USD Billion)
12.3.15.3 Rest Of Western Europe Cargo Insurance Market Estimates And Forecasts, By Industry (2020-2032) (USD Billion)
12.3.15.4 Rest Of Western Europe Cargo Insurance Market Estimates And Forecasts, By Commodity (2020-2032) (USD Billion)
12.3.15.5 Rest Of Western Europe Cargo Insurance Market Estimates And Forecasts, By Scale (2020-2032) (USD Billion)
12.4 Asia Pacific
12.4.1 Trends Analysis
12.4.2 Asia Pacific Cargo Insurance Market Estimates And Forecasts, By Country (2020-2032) (USD Billion)
12.4.3 Asia Pacific Cargo Insurance Market Estimates And Forecasts, By Type (2020-2032) (USD Billion)
12.4.4 Asia Pacific Cargo Insurance Market Estimates And Forecasts, By Coverage (2020-2032) (USD Billion)
12.4.5 Asia Pacific Cargo Insurance Market Estimates And Forecasts, By Industry (2020-2032) (USD Billion)
12.4.6 Asia Pacific Cargo Insurance Market Estimates And Forecasts, By Commodity (2020-2032) (USD Billion)
12.4.7 Asia Pacific Cargo Insurance Market Estimates And Forecasts, By Scale (2020-2032) (USD Billion)
12.4.8 China
12.4.8.1 China Cargo Insurance Market Estimates And Forecasts, By Type (2020-2032) (USD Billion)
12.4.8.2 China Cargo Insurance Market Estimates And Forecasts, By Coverage (2020-2032) (USD Billion)
12.4.8.3 China Cargo Insurance Market Estimates And Forecasts, By Industry (2020-2032) (USD Billion)
12.4.8.4 China Cargo Insurance Market Estimates And Forecasts, By Commodity (2020-2032) (USD Billion)
12.4.8.5 China Cargo Insurance Market Estimates And Forecasts, By Scale (2020-2032) (USD Billion)
12.4.9 India
12.4.9.1 India Cargo Insurance Market Estimates And Forecasts, By Type (2020-2032) (USD Billion)
12.4.9.2 India Cargo Insurance Market Estimates And Forecasts, By Coverage (2020-2032) (USD Billion)
12.4.9.3 India Cargo Insurance Market Estimates And Forecasts, By Industry (2020-2032) (USD Billion)
12.4.9.4 India Cargo Insurance Market Estimates And Forecasts, By Commodity (2020-2032) (USD Billion)
12.4.9.5 India Cargo Insurance Market Estimates And Forecasts, By Scale (2020-2032) (USD Billion)
12.4.10 Japan
12.4.10.1 Japan Cargo Insurance Market Estimates And Forecasts, By Type (2020-2032) (USD Billion)
12.4.10.2 Japan Cargo Insurance Market Estimates And Forecasts, By Coverage (2020-2032) (USD Billion)
12.4.10.3 Japan Cargo Insurance Market Estimates And Forecasts, By Industry (2020-2032) (USD Billion)
12.4.10.4 Japan Cargo Insurance Market Estimates And Forecasts, By Commodity (2020-2032) (USD Billion)
12.4.10.5 Japan Cargo Insurance Market Estimates And Forecasts, By Scale (2020-2032) (USD Billion)
12.4.11 South Korea
12.4.11.1 South Korea Cargo Insurance Market Estimates And Forecasts, By Type (2020-2032) (USD Billion)
12.4.11.2 South Korea Cargo Insurance Market Estimates And Forecasts, By Coverage (2020-2032) (USD Billion)
12.4.11.3 South Korea Cargo Insurance Market Estimates And Forecasts, By Industry (2020-2032) (USD Billion)
12.4.11.4 South Korea Cargo Insurance Market Estimates And Forecasts, By Commodity (2020-2032) (USD Billion)
12.4.11.5 South Korea Cargo Insurance Market Estimates And Forecasts, By Scale (2020-2032) (USD Billion)
12.4.12 Singapore
12.4.12.1 Singapore Cargo Insurance Market Estimates And Forecasts, By Type (2020-2032) (USD Billion)
12.4.12.2 Singapore Cargo Insurance Market Estimates And Forecasts, By Coverage (2020-2032) (USD Billion)
12.4.12.3 Singapore Cargo Insurance Market Estimates And Forecasts, By Industry (2020-2032) (USD Billion)
12.4.12.4 Singapore Cargo Insurance Market Estimates And Forecasts, By Commodity (2020-2032) (USD Billion)
12.4.12.5 Singapore Cargo Insurance Market Estimates And Forecasts, By Scale (2020-2032) (USD Billion)
12.4.13 Australia
12.4.13.1 Australia Cargo Insurance Market Estimates And Forecasts, By Type (2020-2032) (USD Billion)
12.4.13.2 Australia Cargo Insurance Market Estimates And Forecasts, By Coverage (2020-2032) (USD Billion)
12.4.13.3 Australia Cargo Insurance Market Estimates And Forecasts, By Industry (2020-2032) (USD Billion)
12.4.13.4 Australia Cargo Insurance Market Estimates And Forecasts, By Commodity (2020-2032) (USD Billion)
12.4.13.5 Australia Cargo Insurance Market Estimates And Forecasts, By Scale (2020-2032) (USD Billion)
12.4.14 Rest Of Asia Pacific
12.4.14.1 Rest Of Asia Pacific Cargo Insurance Market Estimates And Forecasts, By Type (2020-2032) (USD Billion)
12.4.14.2 Rest Of Asia Pacific Cargo Insurance Market Estimates And Forecasts, By Coverage (2020-2032) (USD Billion)
12.4.14.3 Rest Of Asia Pacific Cargo Insurance Market Estimates And Forecasts, By Industry (2020-2032) (USD Billion)
12.4.14.4 Rest Of Asia Pacific Cargo Insurance Market Estimates And Forecasts, By Commodity (2020-2032) (USD Billion)
12.4.14.5 Rest Of Asia Pacific Cargo Insurance Market Estimates And Forecasts, By Scale (2020-2032) (USD Billion)
12.5 Middle East And Africa
12.5.1 Trends Analysis
12.5.2 Middle East And Africa Cargo Insurance Market Estimates And Forecasts, By Country (2020-2032) (USD Billion)
12.5.3 Middle East And Africa Cargo Insurance Market Estimates And Forecasts, By Type (2020-2032) (USD Billion)
12.5.4 Middle East And Africa Cargo Insurance Market Estimates And Forecasts, By Coverage (2020-2032) (USD Billion)
12.5.5 Middle East And Africa Cargo Insurance Market Estimates And Forecasts, By Industry (2020-2032) (USD Billion)
12.5.6 Middle East And Africa Cargo Insurance Market Estimates And Forecasts, By Commodity (2020-2032) (USD Billion)
12.5.7 Middle East And Africa Cargo Insurance Market Estimates And Forecasts, By Scale (2020-2032) (USD Billion)
12.5.8 UAE
12.5.8.1 UAE Cargo Insurance Market Estimates And Forecasts, By Type (2020-2032) (USD Billion)
12.5.8.2 UAE Cargo Insurance Market Estimates And Forecasts, By Coverage (2020-2032) (USD Billion)
12.5.8.3 UAE Cargo Insurance Market Estimates And Forecasts, By Industry (2020-2032) (USD Billion)
12.5.8.4 UAE Cargo Insurance Market Estimates And Forecasts, By Commodity (2020-2032) (USD Billion)
12.5.8.5 UAE Cargo Insurance Market Estimates And Forecasts, By Scale (2020-2032) (USD Billion)
12.5.9 Saudi Arabia
12.5.9.1 Saudi Arabia Cargo Insurance Market Estimates And Forecasts, By Type (2020-2032) (USD Billion)
12.5.9.2 Saudi Arabia Cargo Insurance Market Estimates And Forecasts, By Coverage (2020-2032) (USD Billion)
12.5.9.3 Saudi Arabia Cargo Insurance Market Estimates And Forecasts, By Industry (2020-2032) (USD Billion)
12.5.9.4 Saudi Arabia Cargo Insurance Market Estimates And Forecasts, By Commodity (2020-2032) (USD Billion)
12.5.9.5 Saudi Arabia Cargo Insurance Market Estimates And Forecasts, By Scale (2020-2032) (USD Billion)
12.5.10 Qatar
12.5.10.1 Qatar Cargo Insurance Market Estimates And Forecasts, By Type (2020-2032) (USD Billion)
12.5.10.2 Qatar Cargo Insurance Market Estimates And Forecasts, By Coverage (2020-2032) (USD Billion)
12.5.10.3 Qatar Cargo Insurance Market Estimates And Forecasts, By Industry (2020-2032) (USD Billion)
12.5.10.4 Qatar Cargo Insurance Market Estimates And Forecasts, By Commodity (2020-2032) (USD Billion)
12.5.10.5 Qatar Cargo Insurance Market Estimates And Forecasts, By Scale (2020-2032) (USD Billion)
12.5.11 South Africa
12.5.11.1 South Africa Cargo Insurance Market Estimates And Forecasts, By Type (2020-2032) (USD Billion)
12.5.11.2 South Africa Cargo Insurance Market Estimates And Forecasts, By Coverage (2020-2032) (USD Billion)
12.5.11.3 South Africa Cargo Insurance Market Estimates And Forecasts, By Industry (2020-2032) (USD Billion)
12.5.11.4 South Africa Cargo Insurance Market Estimates And Forecasts, By Commodity (2020-2032) (USD Billion)
12.5.11.5 South Africa Cargo Insurance Market Estimates And Forecasts, By Scale (2020-2032) (USD Billion)
12.5.12 Rest Of Africa
12.5.12.1 Rest Of Africa Cargo Insurance Market Estimates And Forecasts, By Type (2020-2032) (USD Billion)
12.5.12.2 Rest Of Africa Cargo Insurance Market Estimates And Forecasts, By Coverage (2020-2032) (USD Billion)
12.5.12.3 Rest Of Africa Cargo Insurance Market Estimates And Forecasts, By Industry (2020-2032) (USD Billion)
12.5.12.4 Rest Of Africa Cargo Insurance Market Estimates And Forecasts, By Commodity (2020-2032) (USD Billion)
12.5.12.5 Rest Of Africa Cargo Insurance Market Estimates And Forecasts, By Scale (2020-2032) (USD Billion)
12.6 Latin America
12.6.1 Trends Analysis
12.6.2 Latin America Cargo Insurance Market Estimates And Forecasts, By Country (2020-2032) (USD Billion)
12.6.3 Latin America Cargo Insurance Market Estimates And Forecasts, By Type (2020-2032) (USD Billion)
12.6.4 Latin America Cargo Insurance Market Estimates And Forecasts, By Coverage (2020-2032) (USD Billion)
12.6.5 Latin America Cargo Insurance Market Estimates And Forecasts, By Industry (2020-2032) (USD Billion)
12.6.6 Latin America Cargo Insurance Market Estimates And Forecasts, By Commodity (2020-2032) (USD Billion)
12.6.7 Latin America Cargo Insurance Market Estimates And Forecasts, By Scale (2020-2032) (USD Billion)
12.6.8 Brazil
12.6.8.1 Brazil Cargo Insurance Market Estimates And Forecasts, By Type (2020-2032) (USD Billion)
12.6.8.2 Brazil Cargo Insurance Market Estimates And Forecasts, By Coverage (2020-2032) (USD Billion)
12.6.8.3 Brazil Cargo Insurance Market Estimates And Forecasts, By Industry (2020-2032) (USD Billion)
12.6.8.4 Brazil Cargo Insurance Market Estimates And Forecasts, By Commodity (2020-2032) (USD Billion)
12.6.8.5 Brazil Cargo Insurance Market Estimates And Forecasts, By Scale (2020-2032) (USD Billion)
12.6.9 Argentina
12.6.9.1 Argentina Cargo Insurance Market Estimates And Forecasts, By Type (2020-2032) (USD Billion)
12.6.9.2 Argentina Cargo Insurance Market Estimates And Forecasts, By Coverage (2020-2032) (USD Billion)
12.6.9.3 Argentina Cargo Insurance Market Estimates And Forecasts, By Industry (2020-2032) (USD Billion)
12.6.9.4 Argentina Cargo Insurance Market Estimates And Forecasts, By Commodity (2020-2032) (USD Billion)
12.6.9.5 Argentina Cargo Insurance Market Estimates And Forecasts, By Scale (2020-2032) (USD Billion)
12.6.10 Rest Of Latin America
12.6.10.1 Rest Of Latin America Cargo Insurance Market Estimates And Forecasts, By Type (2020-2032) (USD Billion)
12.6.10.2 Rest Of Latin America Cargo Insurance Market Estimates And Forecasts, By Coverage (2020-2032) (USD Billion)
12.6.10.3 Rest Of Latin America Cargo Insurance Market Estimates And Forecasts, By Industry (2020-2032) (USD Billion)
12.6.10.4 Rest Of Latin America Cargo Insurance Market Estimates And Forecasts, By Commodity (2020-2032) (USD Billion)
12.6.10.5 Rest Of Latin America Cargo Insurance Market Estimates And Forecasts, By Scale (2020-2032) (USD Billion)
13. Company Profiles
13.1 Allianz
13.1.1 Company Overview
13.1.2 Financial
13.1.3 Products/ Air Cargo Insurance Offered
13.1.4 SWOT Analysis
13.2 Zurich Insurance Group
13.2.1 Company Overview
13.2.2 Financial
13.2.3 Products/ Air Cargo Insurance Offered
13.2.4 SWOT Analysis
13.3 Generali
13.3.1 Company Overview
13.3.2 Financial
13.3.3 Products/ Air Cargo Insurance Offered
13.3.4 SWOT Analysis
13.4 Liberty Mutual
13.4.1 Company Overview
13.4.2 Financial
13.4.3 Products/ Air Cargo Insurance Offered
13.4.4 SWOT Analysis
13.5 Munich Re
13.5.1 Company Overview
13.5.2 Financial
13.5.3 Products/ Air Cargo Insurance Offered
13.5.4 SWOT Analysis
13.6 AIG
13.6.1 Company Overview
13.6.2 Financial
13.6.3 Products/ Air Cargo Insurance Offered
13.6.4 SWOT Analysis
13.7 Swiss Re
13.7.1 Company Overview
13.7.2 Financial
13.7.3 Products/ Air Cargo Insurance Offered
13.7.4 SWOT Analysis
13.8 Tokio Marine
13.8.1 Company Overview
13.8.2 Financial
13.8.3 Products/ Air Cargo Insurance Offered
13.8.4 SWOT Analysis
13.9 Lloyd’s of London
13.9.1 Company Overview
13.9.2 Financial
13.9.3 Products/ Air Cargo Insurance Offered
13.9.4 SWOT Analysis
13.10 Chubb
13.10.1 Company Overview
13.10.2 Financial
13.10.3 Products/ Air Cargo Insurance Offered
13.10.4 SWOT Analysis
14. Use Cases and Best Practices
15. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Key Segments:
By Type
Ocean Cargo Insurance
Air Cargo Insurance
Land Cargo Insurance
By Coverage
Single-Trip Insurance
Annual Contract Insurance
Open Cover Insurance
By Industry
Manufacturing
Retail
Transportation
Logistics
By Commodity
High-Value Goods
Bulk Cargo
Perishable Goods
Hazardous Cargo
By Scale
Small and Medium Enterprises (SMEs)
Large Enterprises
Request for Segment Customization as per your Business Requirement: Segment Customization Request
Regional Coverage:
North America
US
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Poland
Turkey
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
UAE
Saudi Arabia
Qatar
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Detailed Volume Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Competitive Product Benchmarking
Geographic Analysis
Additional countries in any of the regions
Customized Data Representation
Detailed analysis and profiling of additional market players
