Table of Content

1 Introduction 6
1.1 Industry Definition and Research Scope 6
1.1.1 Industry Definition 6
1.1.2 Research Scope 7
1.2 Research Methodology 10
1.2.1 Overview of Market Research Methodology 10
1.2.2 Market Assumption 11
1.2.3 Secondary Data 11
1.2.4 Primary Data 11
1.2.5 Data Filtration and Model Design 12
1.2.6 Market Size/Share Estimation 13
1.2.7 Research Limitations 14
1.3 Executive Summary 15

2 Market Overview and Dynamics 18
2.1 Market Size and Forecast 18
2.1.1 Impact of COVID-19 on World Economy 19
2.1.2 Impact of COVID-19 on the Market 21
2.2 Major Growth Drivers 23
2.3 Market Restraints and Challenges 29
2.4 Emerging Opportunities and Market Trends 32
2.5 Porter’s Fiver Forces Analysis 36

3 Segmentation of Asia Pacific Market by Insurance Type 40
3.1 Market Overview by Insurance Type 40
3.2 Accident & Illness 42
3.3 Accident Only 43

4 Segmentation of Asia Pacific Market by Policy Type 44
4.1 Market Overview by Policy Type 44
4.2 Lifetime Coverage 46
4.3 Non-Lifetime Coverage 47

5 Segmentation of Asia Pacific Market by Animal Type 48
5.1 Market Overview by Animal Type 48
5.2 Dogs 50
5.3 Cats 54
5.4 Other Animals 58

6 Segmentation of Asia Pacific Market by Provider 59
6.1 Market Overview by Provider 59
6.2 Private Insurance Providers 61
6.3 Public Insurance Providers 62

7 Segmentation of Asia Pacific Market by Distribution Channel 63
7.1 Market Overview by Distribution Channel 63
7.2 Insurance Agency 65
7.3 Bancassurance 66
7.4 Brokers 67
7.5 Direct Sales 68

8 Asia-Pacific Market 2019-2030 by Country 69
8.1 Overview of Asia-Pacific Market 69
8.2 Japan 72
8.3 China 75
8.4 Australia 77
8.5 India 79
8.6 South Korea 81
8.7 Rest of APAC Region 83

9 Competitive Landscape 85
9.1 Overview of Key Vendors 85
9.2 New Product Launch, Partnership, Investment, and M&A 88
9.3 Company Profiles 89
Agria 89
Anicom Holding 91
ASPCA 92
Bow Wow Meow 93
Embrace Pet Insurance Agency, LLC 94
Healthy Paws Pet Insurance 95
Ipet Insurance 96
More Than 97
Nationwide Mutual Insurance Company 98
Petfirst Healthcare LLC 99
Petplan Limited 100
Petsecure Pet Health Insurance 101
Trupanion 102
RELATED REPORTS 103



List of Figures

List of Figures:

Figure 1. Research Method Flow Chart 10
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 13
Figure 3. Asia Pacific Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2030 15
Figure 4. Asia Pacific Pet Insurance Market, 2019-2030, $ mn 18
Figure 5. Impact of COVID-19 on Business 21
Figure 6. Primary Drivers and Impact Factors of Asia Pacific Pet Insurance Market 23
Figure 7. Average Monthly Cost of Pet Insurance for Dogs and Cats, June 2021 27
Figure 8. Primary Restraints and Impact Factors of Asia Pacific Pet Insurance Market 29
Figure 9. Investment Opportunity Analysis 33
Figure 10. Porter’s Fiver Forces Analysis of Asia Pacific Pet Insurance Market 36
Figure 11. Breakdown of Asia Pacific Pet Insurance Market by Insurance Type, 2019-2030, % of Revenue 41
Figure 12. Asia Pacific Addressable Market Cap in 2021-2030 by Insurance Type, Value ($ mn) and Share (%) 41
Figure 13. Asia Pacific Pet Insurance Market: Accident & Illness, 2019-2030, $ mn 42
Figure 14. Asia Pacific Pet Insurance Market: Accident Only, 2019-2030, $ mn 43
Figure 15. Breakdown of Asia Pacific Pet Insurance Market by Policy Type, 2019-2030, % of Sales Revenue 45
Figure 16. Asia Pacific Addressable Market Cap in 2021-2030 by Policy Type, Value ($ mn) and Share (%) 45
Figure 17. Asia Pacific Pet Insurance Market: Lifetime Coverage, 2019-2030, $ mn 46
Figure 18. Asia Pacific Pet Insurance Market: Non-Lifetime Coverage, 2019-2030, $ mn 47
Figure 19. Breakdown of Asia Pacific Pet Insurance Market by Animal Type, 2019-2030, % of Sales Revenue 49
Figure 20. Asia Pacific Addressable Market Cap in 2021-2030 by Animal Type, Value ($ mn) and Share (%) 49
Figure 21. Asia Pacific Pet Insurance Market: Dogs, 2019-2030, $ mn 50
Figure 22. Monthly Premium of Pet Insurance for Dogs, June 2021 51
Figure 23. Cost of Five Most Common Conditions for Dogs, June 2021 52
Figure 24. Asia Pacific Pet Insurance Market: Cats, 2019-2030, $ mn 54
Figure 25. Monthly Premium of Pet Insurance for Cats, June 2021 55
Figure 26. Cost of Five Most Common Conditions for Cats, June 2021 56
Figure 27. Asia Pacific Pet Insurance Market: Other Animals, 2019-2030, $ mn 58
Figure 28. Breakdown of Asia Pacific Pet Insurance Market by Provider, 2019-2030, % of Revenue 60
Figure 29. Asia Pacific Addressable Market Cap in 2021-2030 by Provider, Value ($ mn) and Share (%) 60
Figure 30. Asia Pacific Pet Insurance Market: Private Insurance Providers, 2019-2030, $ mn 61
Figure 31. Asia Pacific Pet Insurance Market: Public Insurance Providers, 2019-2030, $ mn 62
Figure 32. Breakdown of Asia Pacific Pet Insurance Market by Distribution Channel, 2019-2030, % of Revenue 64
Figure 33. Asia Pacific Addressable Market Cap in 2021-2030 by Distribution Channel, Value ($ mn) and Share (%) 64
Figure 34. Asia Pacific Pet Insurance Market: Insurance Agency, 2019-2030, $ mn 65
Figure 35. Asia Pacific Pet Insurance Market: Bancassurance, 2019-2030, $ mn 66
Figure 36. Asia Pacific Pet Insurance Market: Brokers, 2019-2030, $ mn 67
Figure 37. Asia Pacific Pet Insurance Market: Direct Sales, 2019-2030, $ mn 68
Figure 38. Breakdown of APAC Pet Insurance Market by Country, 2019 and 2030, % of Revenue 70
Figure 39. Contribution to APAC 2021-2030 Cumulative Market by Country, Value ($ mn) and Share (%) 71
Figure 40. Pet Insurance Market in Japan, 2019-2030, $ mn 73
Figure 41. Pet Insurance Market in China, 2019-2030, $ mn 75
Figure 42. Pet Insurance Market in Australia, 2019-2030, $ mn 77
Figure 43. Pet Insurance Market in India, 2019-2030, $ mn 79
Figure 44. Pet Insurance Market in South Korea, 2019-2030, $ mn 81
Figure 45. Pet Insurance Market in Rest of APAC, 2019-2030, $ mn 83
Figure 46. Growth Stage of Asia Pacific Pet Insurance Industry over the Forecast Period 85

List of Tables

List of Tables:

Table 1. Snapshot of Asia Pacific Pet Insurance Market in Balanced Perspective, 2019-2030 16
Table 2. Growth Rate of World GDP, 2020-2022 20
Table 3. Cost Associated with Owing Pets 26
Table 4. Five-year Increase in Average Pet Insurance Rates, 2016-2021 28
Table 5. Main Product Trends and Market Opportunities in Asia Pacific Pet Insurance Market 32
Table 6. Asia Pacific Pet Insurance Market by Insurance Type, 2019-2030, $ mn 40
Table 7. Asia Pacific Pet Insurance Market: Accident & Illness by Animal Type, 2019-2030, $ mn 42
Table 8. Asia Pacific Pet Insurance Market: Accident Only by Animal Type, 2019-2030, $ mn 43
Table 9. Asia Pacific Pet Insurance Market by Policy Type, 2019-2030, $ mn 44
Table 10. Asia Pacific Pet Insurance Market by Animal Type, 2019-2030, $ mn 48
Table 11. Asia Pacific Pet Insurance Market: Dogs by Insurance Type, 2019-2030, $ mn 50
Table 12. Monthly Premium of Dog Insurance by Breed, June 2021 51
Table 13. Average Cost of Common Treatments for Dogs, June 2021 53
Table 14. Asia Pacific Pet Insurance Market: Cats by Insurance Type, 2019-2030, $ mn 54
Table 15. Monthly Premium of Cat Insurance by Breed, June 2021 55
Table 16. Average Cost of Common Treatments for Cats, June 2021 57
Table 17. Asia Pacific Pet Insurance Market: Other Animals by Insurance Type, 2019-2030, $ mn 58
Table 18. Asia Pacific Pet Insurance Market by Provider, 2019-2030, $ mn 59
Table 19. Asia Pacific Pet Insurance Market by Distribution Channel, 2019-2030, $ mn 63
Table 20. APAC Pet Insurance Market by Country, 2019-2030, $ mn 70
Table 21. Japan Pet Insurance Market by Insurance Type, 2019-2030, $ mn 74
Table 22. Japan Pet Insurance Market by Animal Type, 2019-2030, $ mn 74
Table 23. Japan Pet Insurance Market by Distribution Channel, 2019-2030, $ mn 74
Table 24. China Pet Insurance Market by Insurance Type, 2019-2030, $ mn 76
Table 25. China Pet Insurance Market by Animal Type, 2019-2030, $ mn 76
Table 26. China Pet Insurance Market by Distribution Channel, 2019-2030, $ mn 76
Table 27. Australia Pet Insurance Market by Insurance Type, 2019-2030, $ mn 78
Table 28. Australia Pet Insurance Market by Animal Type, 2019-2030, $ mn 78
Table 29. Australia Pet Insurance Market by Distribution Channel, 2019-2030, $ mn 78
Table 30. India Pet Insurance Market by Insurance Type, 2019-2030, $ mn 80
Table 31. India Pet Insurance Market by Animal Type, 2019-2030, $ mn 80
Table 32. India Pet Insurance Market by Distribution Channel, 2019-2030, $ mn 80
Table 33. South Korea Pet Insurance Market by Insurance Type, 2019-2030, $ mn 82
Table 34. South Korea Pet Insurance Market by Animal Type, 2019-2030, $ mn 82
Table 35. South Korea Pet Insurance Market by Distribution Channel, 2019-2030, $ mn 82
Table 36. Pet Insurance Market in Rest of APAC by Country/Region, 2019-2030, $ mn 84
Table 37. Agria: Company Snapshot 89
Table 38. Agria: Business Segmentation 89
Table 39. Agria: Product Portfolio 90
Table 40. Agria: Revenue, 2018-2020, $ mn 90