Cargo Transportation Insurance Market to See Huge Growth by 2030 | Marsh, TIBA,Halk Sigorta

Cargo Transportation Insurance Market

The Global Cargo Transportation Insurance Market Report assesses developments relevant to the insurance industry and identifies key risks and vulnerabilities for the Cargo Transportation Insurance Industry to make stakeholders aware with current and future scenarios. To derive complete assessment and market estimates a wide list of Insurers and aggregators, and the agency was considered in the coverage; Some of the top players profiled are Marsh (United States), TIBA (Spain), Travelers Insurance (United States), Halk Sigorta (Turkey), Integro Group (United States), Liberty Insurance Limited (Singapore), Chubb (United States), AGCS (Germany), Aon (United Kingdom), Liberty Mutual Insurance (United States).

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Cargo Transportation Insurance covers the compensation for loss due to the natural disasters or accidents. The enterprises such as import and export, processing trade, logistics companies and foreign investments are the target customers. This insurance is also used for the shipments according to the terms of delivery.

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Influencing Market Trend

  • Research and Developments are being Done
  • Growing Importance of Insurance

Market Drivers

  • Growing E-Commerce Industry is Affecting the Market Positively
  • Rising Transport Services in Developing Countries


  • Privatization of Transportation Business in Developing Countries


  • High Competition Due to the Availability of Key Players
  • Lack of Awareness in the Various Countries

Analysis by Type (Land Cargo Insurance, Marine Cargo Insurance, Air Cargo Insurance), Forms of transport (Sea transport, Domestic rail transport, International rail transport, Domestic road transport, International road transport, Air transport), Policy type (Open cover cargo policy, Specific cargo policy, Contingency insurance policy)

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The regional analysis of Global Cargo Transportation Insurance Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2024-2030.

In 2018, Jardine Lloyd Thompson Group plc (JLT) approved Marsh & McLennan’s agreement to acquire JLT.

In 2019, Arthur J. Gallagher & Co. announced that it has completed the previously disclosed acquisition of specialist UK insurance broker Stackhouse Poland Group Limited.

Table of Content
Chapter One: Industry Overview
Chapter Two: Major Segmentation (Classification, Application and etc.) Analysis
Chapter Three: Production Market Analysis
Chapter Four: Sales Market Analysis
Chapter Five: Consumption Market Analysis
Chapter Six: Production, Sales and Consumption Market Comparison Analysis
Chapter Seven: Major Manufacturers Production and Sales Market Comparison Analysis
Chapter Eight: Competition Analysis by Players
Chapter Nine: Marketing Channel Analysis
Chapter Ten: New Project Investment Feasibility Analysis
Chapter Eleven: Manufacturing Cost Analysis
Chapter Twelve: Industrial Chain, Sourcing Strategy and Downstream Buyers

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Highlights of the Report
• The future prospects of the global Cargo Transportation Insurance market during the forecast period 2024-2030 are given in the report.
• The major developmental strategies integrated by the leading players to sustain a competitive market position in the market are included in the report.
• The emerging technologies that are driving the growth of the market are highlighted in the report.
• The market value of the segments that are leading the market and the sub-segments are mentioned in the report.
• The report studies the leading manufacturers and other players entering the global Cargo Transportation Insurance market.