The forecasted values for Gross Premium in domestic travel insurance in India from 2024 to 2028 show a steady growth. Year-on-year variations are as follows: 2.90% (2025), 2.75% (2026), 2.63% (2027), and 2.51% (2028). Over the analyzed period, the compound annual growth rate (CAGR) is approximately 2.70%, indicating moderate but consistent growth.
As India's travel sector continues to expand post-COVID-19, factors such as increased consumer awareness about travel insurance, digital adoption, and regulatory changes could further influence growth rates. Monitoring these dynamics will be crucial for anticipating future industry trends.
