The Business Research Company’s Marine Insurance Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Marine Insurance Global Market Report 2023 evaluates marine insurance market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global marine insurance market size grew from $28.32 billion in 2022 to $30.21 billion in 2023 at a compound annual growth rate (CAGR) of 6.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The marine insurance market size is expected to grow to $37.61 billion in 2027 at a CAGR of 5.6%.
The marine insurance market segments in the report are:
1) By Type: Cargo Insurance, Hull And Machinery Insurance, Marine Liability Insurance, Offshore or Energy Insurance
2) By Policy Type: Time Policy, Voyage Policy, Floating Policy, Valued Policy, Others Policy Types
3) By Distribution Channel: Wholesalers, Retail Brokers, Others Distribution Channels
4) By End User: Ship Owners, Traders, Others End Users
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The table of contents in TBRC’s marine insurance market report includes:
1. Executive Summary
2. Marine Insurance Market Characteristics
3. Marine Insurance Market Trends And Strategies
4. Marine Insurance Market - Macro Economic Scenario
5. Marine Insurance Market Size And Growth
……
27. Marine Insurance Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Marine Insurance Market
29. Marine Insurance Market Future Outlook and Potential Analysis
30. Appendix
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