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Global Pet Travel Insurance Market Growth (Status and Outlook) 2026-2032

Published Jan 02, 2025
Length 135 Pages
SKU # LPI20691908

Description

The global Pet Travel Insurance market size is predicted to grow from US$ 705 million in 2025 to US$ 1247 million in 2032; it is expected to grow at a CAGR of 8.5% from 2026 to 2032.

Pet Travel Insurance refers to a specialized insurance product designed to mitigate financial risks for pet owners when their companion animals (such as dogs, cats, and exotic pets) engage in domestic or international travel, relocation, or transportation. It typically covers a range of unforeseen scenarios including emergency veterinary care for injuries or illnesses incurred during travel, medical evacuation/repatriation of pets, trip cancellation/interruption due to pet-related emergencies, loss or theft of pets during transit, damage to property or third-party liability caused by pets, and additional benefits like coverage for pet travel accessories or quarantine-related expenses. Tailored to address the unique risks of pet mobility—such as stress-induced health issues, accidents during transport, or compliance with destination-specific medical requirements—this insurance provides pet owners with financial protection and peace of mind, ensuring pets receive necessary care while minimizing the economic burden of unexpected incidents during travel.

Pet Travel Insurance industry is witnessing prominent trends including rapid global market expansion, deep integration of digital technologies, diversification of personalized products and growing cross-industry collaborations with airlines, hotels, and veterinary clinics; key opportunities lie in the booming demand from emerging economies driven by rising pet ownership and middle-class expansion, policy dividends from supportive regulations for pet industry development, unmet needs for specialized coverage, and tech-enabled service upgrades (telehealth integration, simplified digital claims); however, the industry faces notable challenges such as fragmented international regulatory standards (varying vaccination, microchip, and import requirements across countries/regions), low market penetration and consumer awareness, complex claims processes and moral hazards, product homogenization in the initial market stage, and the need to balance premium affordability with comprehensive coverage amid rising veterinary costs.

LPI (LP Information)' newest research report, the “Pet Travel Insurance Industry Forecast” looks at past sales and reviews total world Pet Travel Insurance sales in 2025, providing a comprehensive analysis by region and market sector of projected Pet Travel Insurance sales for 2026 through 2032. With Pet Travel Insurance sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Pet Travel Insurance industry.

This Insight Report provides a comprehensive analysis of the global Pet Travel Insurance landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Pet Travel Insurance portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Pet Travel Insurance market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Pet Travel Insurance and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Pet Travel Insurance.

This report presents a comprehensive overview, market shares, and growth opportunities of Pet Travel Insurance market by product type, application, key players and key regions and countries.

Segmentation by Type:

Short Distance Travel Insurance

Medium Distance Travel Insurance

Long Distance Travel Insurance

Segmentation by Coverage Scope:

Basic Coverage Plan

Comprehensive Coverage Plan

Segmentation by Deductible Amount:

Low Deductible

Medium Deductible

High Deductible

Segmentation by Application:

Dog

Cat

Other

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Many Pets

Healthy Paws

Tune Protect Commercial Brokerage LLC

International Medical Group, Inc.

Pumpkin

Figo

Embrace

petGuard

Trupanion

Faye

Petgevity

TrustedPals

MetLife Pet Insurance

24PetWatch

Wagmo

TescoInsurance

Petplan UK (Allianz)

Progressive

Prudential

Voyager Insurance

Please note: The report will take approximately 2 business days to prepare and deliver.

Table of Contents

135 Pages
*This is a tentative TOC and the final deliverable is subject to change.*
1 Scope of the Report
2 Executive Summary
3 Pet Travel Insurance Market Size by Player
4 Pet Travel Insurance by Region
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Global Pet Travel Insurance Market Forecast
11 Key Players Analysis
12 Research Findings and Conclusion
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