The Term Life Insurance market was valued at US$ xx in 2023. The market for Term Life Insurance is projected to grow from US$ xx million in 2024, and is projected to reach xx by 2031, at a CAGR of xx% during the forecast period. Projected and forecast revenue values are in constant U.S. dollars, unadjusted for inflation. Product values are estimated based on manufacturers' revenue.
The report offers detailed coverage of Term Life Insurance industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Term Life Insurance by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
In addition to this data, the report provides insight into drivers of market demand and strategies of suppliers. Key players are profiled, and their market shares in the global Term Life Insurance market are discussed.
The market is segmented by types:
Level Term Life Insurance
Decreasing Term Life Insurance
It can be also divided by applications:
Agency
Brokers
Bancassurance
Digital & Direct Channels
And this report covers the historical situation, present status and the future prospects of the global Term Life Insurance market for 2021-2031. In this report, we analyze global market from 5 geographies: Asia-Pacific, Europe, North America, Middle East & Africa, South America.
Finally, the report provides detailed profile and data information analysis of leading company.
Allianz
AXA
Generali
Ping An Insurance
China Life Insurance
Prudential PLC
Munich Re
Zurich Insurance
Nippon Life Insurance
Japan Post Holdings
Berkshire Hathaway
Metlife
Manulife Financial
CPIC
Chubb
AIG
Aviva
Allstate
Swiss RE
Prudential Financial
Travelers
AIA
Aflac
Legal & General
Report Includes:
- xx data tables and xx additional tables
- An overview of global Term Life Insurance market
- An detailed key players analysis across regions
- Analyses of global market trends, with historical data, estimates for 2024 and projections of compound annual growth rates (CAGRs) through 2031
- Insights into regulatory and environmental developments
- Information on the supply and demand scenario and evaluation of technological and investment opportunities in the Term Life Insurance market
- Profiles of major players in the industry, including Allianz, AXA, Generali, Ping An Insurance, China Life Insurance.....
Research objectives
To study and analyze the global Term Life Insurance consumption (value & volume) by key regions/countries, product type and application, history data from 2019 to 2021, and Forecast to 2031.
To understand the structure of Term Life Insurance market by identifying its various subsegments.
Focuses on the key global Term Life Insurance manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, Porter's five forces analysis, SWOT analysis and development plans in next few years.
To analyze the Term Life Insurance with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Term Life Insurance submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Contents
Global Term Life Insurance Market Report 2024, Forecast to 2031
1 Scope of the Study
1.1 Term Life Insurance Introduction
1.2 Research Programs
1.3 Analysis of Macroeconomic Indicators
1.4 Years Considered
1.5 Methodology
1.6 Data Source
1.7 Research Objectives
2 Term Life Insurance Industry Overview
2.1 Global Term Life Insurance Market Size (Million USD) Comparison by Regions (2024-2031)
2.1.1 Term Life Insurance Global Main Region Market Analysis
2.2 Market Analysis by Type
2.2.1 Level Term Life Insurance
2.2.2 Decreasing Term Life Insurance
2.3 Market Analysis by Application
2.3.1 Agency
2.3.2 Brokers
2.3.3 Bancassurance
2.3.4 Digital & Direct Channels
2.4 Global Term Life Insurance Revenue, Sales and Market Share by Manufacturer
2.4.1 Global Term Life Insurance Sales and Market Share by Manufacturer (2019-2023)
2.4.2 Global Term Life Insurance Revenue and Market Share by Manufacturer (2019-2023)
2.4.3 Global Term Life Insurance Industry Concentration Ratio (CR5 and HHI)
2.4.4 Top 5 Term Life Insurance Manufacturer Market Share
2.4.5 Top 10 Term Life Insurance Manufacturer Market Share
2.4.6 Date of Key Manufacturers Enter into Term Life Insurance Market
2.4.7 Key Manufacturers Term Life Insurance Product Offered
2.4.8 Mergers & Acquisitions Planning
2.5 Term Life Insurance Historical Development Overview
2.6 Market Dynamics
2.6.1 Market Opportunities
2.6.2 Market Risk
2.6.3 Market Driving Force
2.6.4 Porter's Five Forces Analysis
2.7 Coronavirus Disease 2019 (Covid-19): Term Life Insurance Industry Impact
2.7.1 How the Covid-19 is Affecting the Term Life Insurance Industry
2.7.2 Term Life Insurance Business Impact Assessment - Covid-19
2.7.3 Market Trends and Term Life Insurance Potential Opportunities in the COVID-19 Landscape
2.7.4 Measures / Proposal against Covid-19
3 Related Market Analysis
3.1 Related Market Overview
3.2 Macro Analysis of Upstream Markets
3.3 Key Players in Related Markets
3.4 Related Markets Trend Analysis
4 Global Term Life Insurance Market Size Categorized by Regions
4.1 Global Term Life Insurance Revenue and Market Share by Regions
4.1.1 Global Term Life Insurance Sales and Market Share by Regions (2019-2023)
4.1.2 Global Term Life Insurance Revenue and Market Share by Regions (2019-2023)
4.2 Europe Term Life Insurance Revenue and Growth Rate (2019-2023)
4.3 APAC Term Life Insurance Revenue and Growth Rate (2019-2023)
4.4 North America Term Life Insurance Revenue and Growth Rate (2019-2023)
4.5 South America Term Life Insurance Revenue and Growth Rate (2019-2023)
4.6 Middle East & Africa Term Life Insurance Revenue and Growth Rate (2019-2023)
5 Europe Term Life Insurance Market Size Categorized by Countries
5.1 Europe Term Life Insurance Revenue and Market Share by Countries
5.1.1 Europe Term Life Insurance Revenue by Countries (2019-2023)
5.1.2 Germany Term Life Insurance Revenue and Growth Rate (2019-2023)
5.1.3 UK Term Life Insurance Revenue and Growth Rate (2019-2023)
5.1.4 France Term Life Insurance Revenue and Growth Rate (2019-2023)
5.1.5 Russia Term Life Insurance Revenue and Growth Rate (2019-2023)
5.1.6 Italy Term Life Insurance Revenue and Growth Rate (2019-2023)
5.1.7 Spain Term Life Insurance Revenue and Growth Rate (2019-2023)
5.2 Europe Term Life Insurance Revenue (Value) by Manufacturers (2019-2023)
5.3 Europe Term Life Insurance Revenue and Market Share by Type (2019-2023)
5.4 Europe Term Life Insurance Revenue and Market Share by Application (2019-2023)
6 Asia-Pacific Term Life Insurance Market Size Categorized by Countries
6.1 Asia-Pacific Term Life Insurance Revenue and Market Share by Countries
6.1.1 Asia-Pacific Term Life Insurance Revenue by Countries (2019-2023)
6.1.2 China Term Life Insurance Revenue and Growth Rate (2019-2023)
6.1.3 Japan Term Life Insurance Revenue and Growth Rate (2019-2023)
6.1.4 Korea Term Life Insurance Revenue and Growth Rate (2019-2023)
6.1.5 India Term Life Insurance Revenue and Growth Rate (2019-2023)
6.1.6 Southeast Asia Term Life Insurance Revenue and Growth Rate (2019-2023)
6.1.7 Australia Term Life Insurance Revenue and Growth Rate (2019-2023)
6.2 Asia-Pacific Term Life Insurance Revenue (Value) by Players (2019-2023)
6.3 Asia-Pacific Term Life Insurance Revenue and Market Share by Type (2019-2023)
6.4 Asia-Pacific Term Life Insurance Revenue and Market Share by Application (2019-2023)
7 North America Term Life Insurance Market Size Categorized by Countries
7.1 North America Term Life Insurance Revenue and Market Share by Countries
7.1.1 North America Term Life Insurance Revenue by Countries (2019-2023)
7.1.2 United States Term Life Insurance Revenue and Growth Rate (2019-2023)
7.1.3 Canada Term Life Insurance Revenue and Growth Rate (2019-2023)
7.1.4 Mexico Term Life Insurance Revenue and Growth Rate (2019-2023)
7.2 North America Term Life Insurance Revenue (Value) by Players (2019-2023)
7.3 North America Term Life Insurance Revenue and Market Share by Type (2019-2023)
7.4 North America Term Life Insurance Revenue and Market Share by Application (2019-2023)
8 South America Term Life Insurance Market Size Categorized by Countries
8.1 South America Term Life Insurance Revenue and Market Share by Countries
8.1.1 South America Term Life Insurance Revenue by Countries (2019-2023)
8.1.2 Brazil Term Life Insurance Revenue and Growth Rate (2019-2023)
8.2 South America Term Life Insurance Revenue (Value) by Players (2019-2023)
8.3 South America Term Life Insurance Revenue and Market Share by Type (2019-2023)
8.4 South America Term Life Insurance Revenue and Market Share by Application (2019-2023)
9 Middle East and Africa Term Life Insurance Market Size Categorized by Countries
9.1 Middle East and Africa Term Life Insurance Revenue and Market Share by Countries
9.1.1 Middle East and Africa Term Life Insurance Revenue by Countries (2019-2023)
9.1.2 GCC Countries Term Life Insurance Revenue and Growth Rate (2019-2023)
9.1.3 Turkey Term Life Insurance Revenue and Growth Rate (2019-2023)
9.1.4 Egypt Term Life Insurance Revenue and Growth Rate (2019-2023)
9.1.5 South Africa Term Life Insurance Revenue and Growth Rate (2019-2023)
9.2 Middle East and Africa Term Life Insurance Revenue (Value) by Players (2019-2023)
9.3 Middle East and Africa Term Life Insurance Revenue and Market Share by Type (2019-2023)
9.4 Middle East and Africa Term Life Insurance Revenue and Market Share by Application (2019-2023)
10 Global Term Life Insurance Market Segment by Type
10.1 Global Term Life Insurance Revenue and Market Share by Type (2019-2023)
10.2 Global Term Life Insurance Market Forecast by Type (2024-2031)
10.3 Level Term Life Insurance Revenue Growth Rate
10.4 Decreasing Term Life Insurance Revenue Growth Rate
11 Global Term Life Insurance Market Segment by Application
11.1 Global Term Life Insurance Revenue Market Share by Application (2019-2023)
11.2 Global Term Life Insurance Market Forecast by Application (2024-2031)
11.3 Agency Revenue Growth Rate (2021-2031)
11.4 Brokers Revenue Growth Rate (2021-2031)
11.5 Bancassurance Revenue Growth Rate (2021-2031)
11.6 Digital & Direct Channels Revenue Growth Rate (2021-2031)
12 Market Forecast for Term Life Insurance
12.1 Global Term Life Insurance Market Size Forecast (2024-2031)
12.2 Term Life Insurance Market Forecast by Regions (2024-2031)
12.3 Europe Term Life Insurance Revenue Market Forecast (2024-2031)
12.4 APAC Term Life Insurance Revenue Market Forecast (2024-2031)
12.5 North America Term Life Insurance Revenue Market Forecast (2024-2031)
12.6 South America Term Life Insurance Revenue Market Forecast (2024-2031)
12.7 Middle East & Africa Term Life Insurance Revenue Market Forecast (2024-2031)
13 Analysis of Term Life Insurance Industry Key Vendors
13.1 Allianz
13.1.1 Company Details
13.1.2 Product Information
13.1.3 Allianz Term Life Insurance Revenue and Gross Margin (2019-2023)
13.1.4 Main Business Overview
13.1.5 Allianz News
13.2 AXA
13.2.1 Company Details
13.2.2 Product Information
13.2.3 AXA Term Life Insurance Revenue and Gross Margin (2019-2023)
13.2.4 Main Business Overview
13.2.5 AXA News
13.3 Generali
13.3.1 Company Details
13.3.2 Product Information
13.3.3 Generali Term Life Insurance Revenue and Gross Margin (2019-2023)
13.3.4 Main Business Overview
13.3.5 Generali News
13.4 Ping An Insurance
13.4.1 Company Details
13.4.2 Product Information
13.4.3 Ping An Insurance Term Life Insurance Revenue and Gross Margin (2019-2023)
13.4.4 Main Business Overview
13.4.5 Ping An Insurance News
13.5 China Life Insurance
13.5.1 Company Details
13.5.2 Product Information
13.5.3 China Life Insurance Term Life Insurance Revenue and Gross Margin (2019-2023)
13.5.4 Main Business Overview
13.5.5 China Life Insurance News
13.6 Prudential PLC
13.6.1 Company Details
13.6.2 Product Information
13.6.3 Prudential PLC Term Life Insurance Revenue and Gross Margin (2019-2023)
13.6.4 Main Business Overview
13.6.5 Prudential PLC News
13.7 Munich Re
13.7.1 Company Details
13.7.2 Product Information
13.7.3 Munich Re Term Life Insurance Revenue and Gross Margin (2019-2023)
13.7.4 Main Business Overview
13.7.5 Munich Re News
13.8 Zurich Insurance
13.8.1 Company Details
13.8.2 Product Information
13.8.3 Zurich Insurance Term Life Insurance Revenue and Gross Margin (2019-2023)
13.8.4 Main Business Overview
13.8.5 Zurich Insurance News
13.9 Nippon Life Insurance
13.9.1 Company Details
13.9.2 Product Information
13.9.3 Nippon Life Insurance Term Life Insurance Revenue and Gross Margin (2019-2023)
13.9.4 Main Business Overview
13.9.5 Nippon Life Insurance News
13.10 Japan Post Holdings
13.10.1 Company Details
13.10.2 Product Information
13.10.3 Japan Post Holdings Term Life Insurance Revenue and Gross Margin (2019-2023)
13.10.4 Main Business Overview
13.10.5 Japan Post Holdings News
13.11 Berkshire Hathaway
13.11.1 Company Details
13.11.2 Product Information
13.11.3 Berkshire Hathaway Term Life Insurance Revenue and Gross Margin (2019-2023)
13.11.4 Main Business Overview
13.11.5 Berkshire Hathaway News
13.12 Metlife
13.12.1 Company Details
13.12.2 Product Information
13.12.3 Metlife Term Life Insurance Revenue and Gross Margin (2019-2023)
13.12.4 Main Business Overview
13.12.5 Metlife News
13.13 Manulife Financial
13.13.1 Company Details
13.13.2 Product Information
13.13.3 Manulife Financial Term Life Insurance Revenue and Gross Margin (2019-2023)
13.13.4 Main Business Overview
13.13.5 Manulife Financial News
13.14 CPIC
13.14.1 Company Details
13.14.2 Product Information
13.14.3 CPIC Term Life Insurance Revenue and Gross Margin (2019-2023)
13.14.4 Main Business Overview
13.14.5 CPIC News
13.15 Chubb
13.15.1 Company Details
13.15.2 Product Information
13.15.3 Chubb Term Life Insurance Revenue and Gross Margin (2019-2023)
13.15.4 Main Business Overview
13.15.5 Chubb News
13.16 AIG
13.16.1 Company Details
13.16.2 Product Information
13.16.3 AIG Term Life Insurance Revenue and Gross Margin (2019-2023)
13.16.4 Main Business Overview
13.16.5 AIG News
13.17 Aviva
13.17.1 Company Details
13.17.2 Product Information
13.17.3 Aviva Term Life Insurance Revenue and Gross Margin (2019-2023)
13.17.4 Main Business Overview
13.17.5 Aviva News
13.18 Allstate
13.18.1 Company Details
13.18.2 Product Information
13.18.3 Allstate Term Life Insurance Revenue and Gross Margin (2019-2023)
13.18.4 Main Business Overview
13.18.5 Allstate News
13.19 Swiss RE
13.19.1 Company Details
13.19.2 Product Information
13.19.3 Swiss RE Term Life Insurance Revenue and Gross Margin (2019-2023)
13.19.4 Main Business Overview
13.19.5 Swiss RE News
13.20 Prudential Financial
13.20.1 Company Details
13.20.2 Product Information
13.20.3 Prudential Financial Term Life Insurance Revenue and Gross Margin (2019-2023)
13.20.4 Main Business Overview
13.20.5 Prudential Financial News
13.21 Travelers
13.21.1 Company Details
13.21.2 Product Information
13.21.3 Travelers Term Life Insurance Revenue and Gross Margin (2019-2023)
13.21.4 Main Business Overview
13.21.5 Travelers News
13.22 AIA
13.22.1 Company Details
13.22.2 Product Information
13.22.3 AIA Term Life Insurance Revenue and Gross Margin (2019-2023)
13.22.4 Main Business Overview
13.22.5 AIA News
13.23 Aflac
13.23.1 Company Details
13.23.2 Product Information
13.23.3 Aflac Term Life Insurance Revenue and Gross Margin (2019-2023)
13.23.4 Main Business Overview
13.23.5 Aflac News
13.24 Legal & General
13.24.1 Company Details
13.24.2 Product Information
13.24.3 Legal & General Term Life Insurance Revenue and Gross Margin (2019-2023)
13.24.4 Main Business Overview
13.24.5 Legal & General News
14 Research Findings and Conclusion
15 Appendix