Nigeria Travel Insurance Market Trends, Estimation & Forecast, 2017-2025

Nigeria Travel Insurance Market is expected to grow with a CAGR of XX% during the forecast period of 2018 to 2025.

Nigeria travel Insurance market has witnessed a notable growth in past five years. Primary reason for the same is that the number of outbound travelers from the country has increased at an average rate of around (7-8)%. In 2017, the total number of outbound travelers stood at around XX million which is expected to increase to XX million by 2025. Per capita disposable income of the country has increased to XX USD from XX USD in 2012. Out of the overall market revenue, single-trip insurance cover policies generated the highest revenue of around XX. In terms of growth, the business traveler segment which currently accounts for around XX% of the revenue share is expected to be the fastest growing segment in the next five years.

Market Segmentation

The Nigeria travel insurance market is segmented on the basis of Insurance cover, users and distribution channel. By insurance cover, the market is segmented into single trip insurance policies, annual multi-trip insurance policies and long stay insurance policies. On the basis of users, the market is segmented as senior citizens, business travelers, family travelers and others. By distribution channel, the market is categorized as insurance intermediaries, insurance company, bank, insurance broker and others.

Market Player Coverage

Profile of top ten players operating in the Nigeria Travel Insurance market would be provided in the report. Coverage on their service portfolio, revenue from Nigeria Travel Insurance business, market share, gross margin and other such pointers have been covered in the report.

CHAPTER 1. INTRODUCTION
1.1. RESEARCH METHODOLOGY
1.1.1. ERC desk research
1.1.2. ERC data synthesis
1.1.3. Data validation and market feedback
1.1.4. ERC data sources
1.2. RESEARCH SCOPE

CHAPTER 2. MARKET LANDSCAPE
2.1. RESEARCH SUMMARY
2.2. DEMAND FORECAST
2.3. BUSINESS INTELLIGENCE & STRATEGIC ANALYSIS
2.4. MARKET DETERMINANTS
2.4.1. Drivers
2.4.2. Restraints
2.4.3. Opportunities

CHAPTER 3. NIGERIA TRAVEL INSURANCE MARKET BY INSURANCE COVER
3.1. SEGMENT OUTLINE
3.2. NIGERIA TRAVEL INSURANCE MARKET REVENUE BY INSURANCE COVER
3.3. Single-trip Insurance Policies
3.3.3. Trend analysis
3.3.4. Market growth indicators
3.4.3. Market Size & Forecast, 2017-2025
3.4. Annual multi-trip Insurance Policies
3.4.1. Trend analysis
3.4.2. Market growth indicators
3.4.3. Market Size & Forecast, 2017-2025
3.5. Long-stay Insurance Policies
3.5.1. Trend analysis
3.5.2. Market growth indicators
3.5.3. Market Size & Forecast, 2017-2025

CHAPTER 4. NIGERIA TRAVEL INSURANCE MARKET BY USERS
4.1. SEGMENT OUTLINE
4.2. NIGERIA TRAVEL INSURANCE MARKET REVENUE BY USERS, 2017-2025
4.3. Senior Citizens
4.3.1. Trend analysis
4.3.2. Market growth indicators
4.3.3. Market Size & Forecast, 2017-2025
4.4. Business Travelers
4.4.1. Trend analysis
4.4.2. Market growth indicators
4.4.3. Market Size & Forecast, 2017-2025
4.5. Family Travelers
4.5.1. Trend analysis
4.5.2. Market growth indicators
4.5.3. Market Size & Forecast, 2017-2025
4.6. Other Travelers
4.6.1. Trend analysis
4.6.2. Market growth indicators
4.6.3. Market Size & Forecast, 2017-2025

CHAPTER 5. NIGERIA TRAVEL INSURANCE MARKET REVENUE BY DISTRIBUTION CHANNEL, 2017-2025
5.1. SEGMENT OUTLINE
5.2. NIGERIA TRAVEL INSURANCE MARKET BY DISTRIBUTION CHANNEL
5.3. INSURANCE INTERMEDIARIES
5.3.1. Trend analysis
5.3.2. Market growth indicators
5.3.3. Market Size & Forecast, 2017-2025
5.4. INSURANCE COMPANY
5.4.1. Trend analysis
5.4.2. Market growth indicators
5.4.3. Market Size & Forecast, 2017-2025
5.5. BANK
5.5.1. Trend analysis
5.5.2. Market growth indicators
5.5.3. Market Size & Forecast, 2017-2025

5.6. INSURANCE BROKER
5.6.1. Trend analysis
5.6.2. Market growth indicators
5.6.3. Market Size & Forecast, 2017-2025
5.7. Others
5.7.1. Trend analysis
5.7.2. Market growth indicators
5.7.3. Market Size & Forecast, 2017-2025

CHAPTER 7. KEY VENDOR PROFILES
7.1. Company A
7.1.1. Company overview
7.1.2. Portfolio analysis
7.1.3. Market share and revenue from Nigeria travel insurance market
7.1.4. Strategic analysis

 

List of Companies

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Report Highlights:

Complete overview of market
Major drivers, restrain, opportunities, and challenges of the market
Market Trends and how they are boosting the market growth
Changing dynamics in the Market
Complete overview of the market
Historical, Base year, projected, and current market size in terms of value and volume
COVID-19 Impact analysis of the market
Current industry trends and developments

CLIENTS