Mexico Logistics Insurance Market Size & Outlook
Mexico logistics insurance market, 2018-2030 (US$M)
Related Markets
Mexico logistics insurance market highlights
- The Mexico logistics insurance market generated a revenue of USD 2.5 million in 2023 and is expected to reach USD 3.0 million by 2030.
- The Mexico market is expected to grow at a CAGR of 2.6% from 2024 to 2030.
- In terms of segment, cargo insurance was the largest revenue generating coverage type in 2023.
- Cargo Insurance is the most lucrative coverage type segment registering the fastest growth during the forecast period.
Logistics insurance market data book summary
| Market revenue in 2023 | USD 2.5 million |
| Market revenue in 2030 | USD 3.0 million |
| Growth rate | 2.6% (CAGR from 2023 to 2030) |
| Largest segment | Cargo insurance |
| Fastest growing segment | Cargo Insurance |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cargo Insurance, Freight Forwarder Liability Insurance, Marine services liability |
| Key market players worldwide | American International Group Inc, Allianz SE, United Parcel Service Inc Class B, AXA SA, Peoples Insurance Agency, Thomas Miller, Concord Group Insurance, Asstra-Associated Traffic AG |
Other key industry trends
- In terms of revenue, Mexico accounted for 4.3% of the global logistics insurance market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Mexico logistics insurance market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 2.4 million by 2030.
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Logistics Insurance Market Scope
Logistics Insurance Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico logistics insurance market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to logistics insurance market will help companies and investors design strategic landscapes.
Cargo insurance was the largest segment with a revenue share of 36% in 2023. Horizon Databook has segmented the Mexico logistics insurance market based on cargo insurance, freight forwarder liability insurance, marine services liability covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Mexico logistics insurance market databook
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Our clientele includes a mix of logistics insurance market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico logistics insurance market , including forecasts for subscribers. This country databook contains high-level insights into Mexico logistics insurance market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico logistics insurance market size, by coverage type, 2018-2030 (US$M)
Mexico Logistics Insurance Market Outlook Share, 2023 & 2030 (US$M)
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