Growing Demand for Adventure Sports Travel Insurance: A Market Overview
The global market for Adventure Sports Travel Insurance is poised for substantial growth as more travelers opt for adventurous vacations and outdoor activities. This specialized segment of the Banking, Financial Services & Insurance sector, under the Insurance category, is benefiting from the increasing popularity of extreme sports, rising concerns over safety, and the growing demand for tailored coverage plans. As the market continues to expand, it is projected to reach USD 12.4 billion by 2033, growing at a CAGR of 7.2% from USD 6.4 billion in 2024.
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