Setting

Europe Pet Insurance Market 2020-2030 by Insurance Type (Accident & Illness, Accident Only), Policy Type (Lifetime, Non-Lifetime), Animal Type (Dogs, Cats, Other Animals), Provider (Private, Public), Distribution Channel, and Country: Trend Forecast and Growth Opportunity

Published: 30 Sep 2021 | Report Code: 10248196 | Pages: 106

Europe pet insurance market was valued at $2,832.8 million in 2020 and will grow by 11.9% annually over 2020-2030 driven by the growth in pet ownership, rising in companion animal population, increasing disposable income, and an increase in the awareness related to pet insurance. Highlighted with 43 tables and 47 figures, this 106-page report “Europe Pet Insurance Market 2020-2030 by Insurance Type (Accident & Illness, Accident Only), Policy Type (Lifetime, Non-Lifetime), Animal Type (Dogs, Cats, Other Animals), Provider (Private, Public), Distribution Channel, and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Europe pet insurance market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2017-2019 and provides estimate and forecast from 2020 till 2030 with 2019 as the base year (Year 2020 is not appropriate for research base due to the outbreak of COVID-19). In-depth qualitative analyses include identification and investigation of the following aspects: • Market Structure • Growth Drivers • Restraints and Challenges • Emerging Product Trends & Market Opportunities • Porter’s Fiver Forces The trend and outlook of Europe market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify Europe pet insurance market in every aspect of the classification from perspectives of Insurance Type, Policy Type, Animal Type, Provider, Distribution Channel, and Country. Based on Insurance Type, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each primary section. • Accident & Illness o Dogs o Cats o Other Pets • Accident Only o Dogs o Cats o Other Pets Based on Policy Type, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each primary section. • Lifetime Coverage • Non-Lifetime Coverage Based on Animal Type, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each primary section. • Dogs o Accident & Illness o Accident Only • Cats o Accident & Illness o Accident Only • Other Animals o Accident & Illness o Accident Only Based on Provider, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each primary section. • Private Insurance Providers • Public Insurance Providers Based on Distribution Channel, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each primary section. • Insurance Agency • Bancassurance • Brokers • Direct Sales Geographically, the following national/local markets are fully investigated: • Germany • UK • France • Sweden • Italy • Netherlands • Rest of Europe (further segmented into Russia, Switzerland, Poland, Spain, Belgium, Austria, Ireland, Norway, Denmark, and Finland) For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2019-2030. The breakdown of key national markets by Insurance Type, Animal Type, and Distribution Channel over the forecast years are also included. The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players. Key Players (this may not be a complete list and extra companies can be added upon request): Agria Anicom Holding ASPCA Bow Wow Meow Embrace Pet Insurance Agency, LLC Healthy Paws Pet Insurance Ipet Insurance More Than Nationwide Mutual Insurance Company Petfirst Healthcare LLC Petplan Limited Petsecure Pet Health Insurance Trupanion (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

 
Table Of Contents:

1 Introduction	7
1.1 Industry Definition and Research Scope	7
1.1.1 Industry Definition	7
1.1.2 Research Scope	8
1.2 Research Methodology	11
1.2.1 Overview of Market Research Methodology	11
1.2.2 Market Assumption	12
1.2.3 Secondary Data	12
1.2.4 Primary Data	12
1.2.5 Data Filtration and Model Design	13
1.2.6 Market Size/Share Estimation	14
1.2.7 Research Limitations	15
1.3 Executive Summary	16
2 Market Overview and Dynamics	19
2.1 Market Size and Forecast	19
2.1.1 Impact of COVID-19 on World Economy	20
2.1.2 Impact of COVID-19 on the Market	22
2.2 Major Growth Drivers	24
2.3 Market Restraints and Challenges	30
2.4 Emerging Opportunities and Market Trends	33
2.5 Porter’s Fiver Forces Analysis	37
3 Segmentation of Europe Market by Insurance Type	41
3.1 Market Overview by Insurance Type	41
3.2 Accident & Illness	43
3.3 Accident Only	44
4 Segmentation of Europe Market by Policy Type	45
4.1 Market Overview by Policy Type	45
4.2 Lifetime Coverage	47
4.3 Non-Lifetime Coverage	48
5 Segmentation of Europe Market by Animal Type	49
5.1 Market Overview by Animal Type	49
5.2 Dogs	51
5.3 Cats	55
5.4 Other Animals	59
6 Segmentation of Europe Market by Provider	60
6.1 Market Overview by Provider	60
6.2 Private Insurance Providers	62
6.3 Public Insurance Providers	63
7 Segmentation of Europe Market by Distribution Channel	64
7.1 Market Overview by Distribution Channel	64
7.2 Insurance Agency	66
7.3 Bancassurance	67
7.4 Brokers	68
7.5 Direct Sales	69
8 European Market 2019-2030 by Country	70
8.1 Overview of European Market	70
8.2 Germany	73
8.3 U.K.	75
8.4 France	78
8.5 Sweden	80
8.6 Italy	82
8.7 Netherlands	84
8.8 Rest of European Market	86
9 Competitive Landscape	88
9.1 Overview of Key Vendors	88
9.2 New Product Launch, Partnership, Investment, and M&A	91
9.3 Company Profiles	92
Agria	92
Anicom Holding	94
ASPCA	95
Bow Wow Meow	96
Embrace Pet Insurance Agency, LLC	97
Healthy Paws Pet Insurance	98
Ipet Insurance	99
More Than	100
Nationwide Mutual Insurance Company	101
Petfirst Healthcare LLC	102
Petplan Limited	103
Petsecure Pet Health Insurance	104
Trupanion	105
RELATED REPORTS	106
List Of Tables:



Table 1.  Snapshot of Europe Pet Insurance Market in Balanced Perspective, 2019-2030	17
Table 2. Growth Rate of World GDP, 2020-2022	21
Table 3. Cost Associated with Owing Pets	27
Table 4. Five-year Increase in Average Pet Insurance Rates, 2016-2021	29
Table 5.  Main Product Trends and Market Opportunities in Europe Pet Insurance Market	33
Table 6. Europe Pet Insurance Market by Insurance Type, 2019-2030, $ mn	41
Table 7. Europe Pet Insurance Market: Accident & Illness by Animal Type, 2019-2030, $ mn	43
Table 8. Europe Pet Insurance Market: Accident Only by Animal Type, 2019-2030, $ mn	44
Table 9. Europe Pet Insurance Market by Policy Type, 2019-2030, $ mn	45
Table 10. Europe Pet Insurance Market by Animal Type, 2019-2030, $ mn	49
Table 11. Europe Pet Insurance Market: Dogs by Insurance Type, 2019-2030, $ mn	51
Table 12. Monthly Premium of Dog Insurance by Breed, June 2021	52
Table 13. Average Cost of Common Treatments for Dogs, June 2021	54
Table 14. Europe Pet Insurance Market: Cats by Insurance Type, 2019-2030, $ mn	55
Table 15. Monthly Premium of Cat Insurance by Breed, June 2021	56
Table 16. Average Cost of Common Treatments for Cats, June 2021	58
Table 17. Europe Pet Insurance Market: Other Animals by Insurance Type, 2019-2030, $ mn	59
Table 18. Europe Pet Insurance Market by Provider, 2019-2030, $ mn	60
Table 19. Europe Pet Insurance Market by Distribution Channel, 2019-2030, $ mn	64
Table 20. Europe Pet Insurance Market by Country, 2019-2030, $ mn	72
Table 21. Germany Pet Insurance Market by Insurance Type, 2019-2030, $ mn	74
Table 22. Germany Pet Insurance Market by Animal Type, 2019-2030, $ mn	74
Table 23. Germany Pet Insurance Market by Distribution Channel, 2019-2030, $ mn	74
Table 24. U.K. Pet Insurance Market by Insurance Type, 2019-2030, $ mn	77
Table 25. U.K. Pet Insurance Market by Animal Type, 2019-2030, $ mn	77
Table 26. U.K. Pet Insurance Market by Distribution Channel, 2019-2030, $ mn	77
Table 27. France Pet Insurance Market by Insurance Type, 2019-2030, $ mn	79
Table 28. France Pet Insurance Market by Animal Type, 2019-2030, $ mn	79
Table 29. France Pet Insurance Market by Distribution Channel, 2019-2030, $ mn	79
Table 30. Sweden Pet Insurance Market by Insurance Type, 2019-2030, $ mn	81
Table 31. Sweden Pet Insurance Market by Animal Type, 2019-2030, $ mn	81
Table 32. Sweden Pet Insurance Market by Distribution Channel, 2019-2030, $ mn	81
Table 33. Italy Pet Insurance Market by Insurance Type, 2019-2030, $ mn	83
Table 34. Italy Pet Insurance Market by Animal Type, 2019-2030, $ mn	83
Table 35. Italy Pet Insurance Market by Distribution Channel, 2019-2030, $ mn	83
Table 36. Netherlands Pet Insurance Market by Insurance Type, 2019-2030, $ mn	85
Table 37. Netherlands Pet Insurance Market by Animal Type, 2019-2030, $ mn	85
Table 38. Netherlands Pet Insurance Market by Distribution Channel, 2019-2030, $ mn	85
Table 39. Pet Insurance Market in Rest of Europe by Country, 2019-2030, $ mn	87
Table 40. Agria: Company Snapshot	92
Table 41. Agria: Business Segmentation	92
Table 42. Agria: Product Portfolio	93
Table 43. Agria: Revenue, 2018-2020, $ mn	93
List Of Figures:



Figure 1. Research Method Flow Chart	11
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation	14
Figure 3. Europe Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2030	16
Figure 4. Europe Pet Insurance Market, 2019-2030, $ mn	19
Figure 5. Impact of COVID-19 on Business	22
Figure 6. Primary Drivers and Impact Factors of Europe Pet Insurance Market	24
Figure 7. Average Monthly Cost of Pet Insurance for Dogs and Cats, June 2021	28
Figure 8. Primary Restraints and Impact Factors of Europe Pet Insurance Market	30
Figure 9. Investment Opportunity Analysis	34
Figure 10. Porter’s Fiver Forces Analysis of Europe Pet Insurance Market	37
Figure 11. Breakdown of Europe Pet Insurance Market by Insurance Type, 2019-2030, % of Revenue	42
Figure 12. Europe Addressable Market Cap in 2021-2030 by Insurance Type, Value ($ mn) and Share (%)	42
Figure 13. Europe Pet Insurance Market: Accident & Illness, 2019-2030, $ mn	43
Figure 14. Europe Pet Insurance Market: Accident Only, 2019-2030, $ mn	44
Figure 15. Breakdown of Europe Pet Insurance Market by Policy Type, 2019-2030, % of Sales Revenue	46
Figure 16. Europe Addressable Market Cap in 2021-2030 by Policy Type, Value ($ mn) and Share (%)	46
Figure 17. Europe Pet Insurance Market: Lifetime Coverage, 2019-2030, $ mn	47
Figure 18. Europe Pet Insurance Market: Non-Lifetime Coverage, 2019-2030, $ mn	48
Figure 19. Breakdown of Europe Pet Insurance Market by Animal Type, 2019-2030, % of Sales Revenue	50
Figure 20. Europe Addressable Market Cap in 2021-2030 by Animal Type, Value ($ mn) and Share (%)	50
Figure 21. Europe Pet Insurance Market: Dogs, 2019-2030, $ mn	51
Figure 22. Monthly Premium of Pet Insurance for Dogs, June 2021	52
Figure 23. Cost of Five Most Common Conditions for Dogs, June 2021	53
Figure 24. Europe Pet Insurance Market: Cats, 2019-2030, $ mn	55
Figure 25. Monthly Premium of Pet Insurance for Cats, June 2021	56
Figure 26. Cost of Five Most Common Conditions for Cats, June 2021	57
Figure 27. Europe Pet Insurance Market: Other Animals, 2019-2030, $ mn	59
Figure 28. Breakdown of Europe Pet Insurance Market by Provider, 2019-2030, % of Revenue	61
Figure 29. Europe Addressable Market Cap in 2021-2030 by Provider, Value ($ mn) and Share (%)	61
Figure 30. Europe Pet Insurance Market: Private Insurance Providers, 2019-2030, $ mn	62
Figure 31. Europe Pet Insurance Market: Public Insurance Providers, 2019-2030, $ mn	63
Figure 32. Breakdown of Europe Pet Insurance Market by Distribution Channel, 2019-2030, % of Revenue	65
Figure 33. Europe Addressable Market Cap in 2021-2030 by Distribution Channel, Value ($ mn) and Share (%)	65
Figure 34. Europe Pet Insurance Market: Insurance Agency, 2019-2030, $ mn	66
Figure 35. Europe Pet Insurance Market: Bancassurance, 2019-2030, $ mn	67
Figure 36. Europe Pet Insurance Market: Brokers, 2019-2030, $ mn	68
Figure 37. Europe Pet Insurance Market: Direct Sales, 2019-2030, $ mn	69
Figure 38. Breakdown of European Pet Insurance Market by Country, 2019 and 2030, % of Revenue	71
Figure 39. Contribution to Europe 2021-2030 Cumulative Market by Country, Value ($ mn) and Share (%)	72
Figure 40.  Pet Insurance Market in Germany, 2019-2030, $ mn	73
Figure 41.  Pet Insurance Market in U.K., 2019-2030, $ mn	75
Figure 42.  Pet Insurance Market in France, 2019-2030, $ mn	78
Figure 43.  Pet Insurance Market in Sweden, 2019-2030, $ mn	80
Figure 44.  Pet Insurance Market in Italy, 2019-2030, $ mn	82
Figure 45.  Pet Insurance Market in Netherlands, 2019-2030, $ mn	84
Figure 46.  Pet Insurance Market in Rest of Europe, 2019-2030, $ mn	86
Figure 47. Growth Stage of Europe Pet Insurance Industry over the Forecast Period	88
Key Players (this may not be a complete list and extra companies can be added upon request): 
Agria
Anicom Holding
ASPCA
Bow Wow Meow
Embrace Pet Insurance Agency, LLC
Healthy Paws Pet Insurance
Ipet Insurance
More Than
Nationwide Mutual Insurance Company
Petfirst Healthcare LLC
Petplan Limited
Petsecure Pet Health Insurance
Trupanion
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)