2020-2025 Global SME Insurance Market Report - Production and Consumption Professional Analysis (Impact of COVID-19)
Small and Medium Enterprises (SMEs) play a vital role in the growth of economy. Many SMEs tend to be entrepreneurial ventures where the promoter has either invested his/her savings or borrowed money to start a new venture. Now, risk is inherent in our lives, but SMEs are especially vulnerable to risks that threaten the dream venture that they have worked so hard to build. Naturally, with the stakes being so high, insurance is a prudent way to limit liabilities in the event of damage to assets, property and business.
This report elaborates the market size, market characteristics, and market growth of the SME Insurance industry, and breaks down according to the type, application, and consumption area of SME Insurance. The report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
In Chapter 3.4 of the report, the impact of the COVID-19 outbreak on the industry was fully assessed. Fully risk assessment and industry recommendations were made for SME Insurance in a special period. This chapter also compares the markets of Pre COVID-19 and Post COVID-19.
In addition, chapters 8-12 consider the impact of COVID-19 on the regional economy.
Key players in the global SME Insurance market covered in Chapter 13:
Direct Line
Allianz
AXA
NFU Mutual
Travelers
AA
Hiscox
Zurich
RSA
Lloyds
Aviva
In Chapter 6, on the basis of types, the SME Insurance market from 2015 to 2025 is primarily split into:
Insurance for Non-employing
Insurance for 1-9 Employees
Insurance for 10-49 Employees
Insurance for 50-249 Employees
In Chapter 7, on the basis of applications, the SME Insurance market from 2015 to 2025 covers:
Agency
Broker
Bancassurance
Direct Writing
Geographically, the detailed analysis of production, trade of the following countries is covered in Chapter 4.2, 5:
United States
Europe
China
Japan
India
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 8, 9, 10, 11, 12:
North America (Covered in Chapter 8)
United States
Canada
Mexico
Europe (Covered in Chapter 9)
Germany
UK
France
Italy
Spain
Others
Asia-Pacific (Covered in Chapter 10)
China
Japan
India
South Korea
Southeast Asia
Others
Middle East and Africa (Covered in Chapter 11)
Saudi Arabia
UAE
South Africa
Others
South America (Covered in Chapter 12)
Brazil
Others
Years considered for this report:
Historical Years: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2020-2025
Table of Content
1 SME Insurance Market - Research Scope
1.1 Study Goals
1.2 Market Definition and Scope
1.3 Key Market Segments
1.4 Study and Forecasting Years
2 SME Insurance Market - Research Methodology
2.1 Methodology
2.2 Research Data Source
2.2.1 Secondary Data
2.2.2 Primary Data
2.2.3 Market Size Estimation
2.2.4 Legal Disclaimer
3 SME Insurance Market Forces
3.1 Global SME Insurance Market Size
3.2 Top Impacting Factors (PESTEL Analysis)
3.2.1 Political Factors
3.2.2 Economic Factors
3.2.3 Social Factors
3.2.4 Technological Factors
3.2.5 Environmental Factors
3.2.6 Legal Factors
3.3 Industry Trend Analysis
3.4 Industry Trends Under COVID-19
3.4.1 Risk Assessment on COVID-19
3.4.2 Assessment of the Overall Impact of COVID-19 on the Industry
3.4.3 Pre COVID-19 and Post COVID-19 Market Scenario
3.5 Industry Risk Assessment
4 SME Insurance Market - By Geography
4.1 Global SME Insurance Market Value and Market Share by Regions
4.1.1 Global SME Insurance Value ($) by Region (2015-2020)
4.1.2 Global SME Insurance Value Market Share by Regions (2015-2020)
4.2 Global SME Insurance Market Production and Market Share by Major Countries
4.2.1 Global SME Insurance Production by Major Countries (2015-2020)
4.2.2 Global SME Insurance Production Market Share by Major Countries (2015-2020)
4.3 Global SME Insurance Market Consumption and Market Share by Regions
4.3.1 Global SME Insurance Consumption by Regions (2015-2020)
4.3.2 Global SME Insurance Consumption Market Share by Regions (2015-2020)
5 SME Insurance Market - By Trade Statistics
5.1 Global SME Insurance Export and Import
5.2 United States SME Insurance Export and Import (2015-2020)
5.3 Europe SME Insurance Export and Import (2015-2020)
5.4 China SME Insurance Export and Import (2015-2020)
5.5 Japan SME Insurance Export and Import (2015-2020)
5.6 India SME Insurance Export and Import (2015-2020)
5.7
6 SME Insurance Market - By Type
6.1 Global SME Insurance Production and Market Share by Types (2015-2020)
6.1.1 Global SME Insurance Production by Types (2015-2020)
6.1.2 Global SME Insurance Production Market Share by Types (2015-2020)
6.2 Global SME Insurance Value and Market Share by Types (2015-2020)
6.2.1 Global SME Insurance Value by Types (2015-2020)
6.2.2 Global SME Insurance Value Market Share by Types (2015-2020)
6.3 Global SME Insurance Production, Price and Growth Rate of Insurance for Non-employing (2015-2020)
6.4 Global SME Insurance Production, Price and Growth Rate of Insurance for 1-9 Employees (2015-2020)
6.5 Global SME Insurance Production, Price and Growth Rate of Insurance for 10-49 Employees (2015-2020)
6.6 Global SME Insurance Production, Price and Growth Rate of Insurance for 50-249 Employees (2015-2020)
7 SME Insurance Market - By Application
7.1 Global SME Insurance Consumption and Market Share by Applications (2015-2020)
7.1.1 Global SME Insurance Consumption by Applications (2015-2020)
7.1.2 Global SME Insurance Consumption Market Share by Applications (2015-2020)
7.2 Global SME Insurance Consumption and Growth Rate of Agency (2015-2020)
7.3 Global SME Insurance Consumption and Growth Rate of Broker (2015-2020)
7.4 Global SME Insurance Consumption and Growth Rate of Bancassurance (2015-2020)
7.5 Global SME Insurance Consumption and Growth Rate of Direct Writing (2015-2020)
8 North America SME Insurance Market
8.1 North America SME Insurance Market Size
8.2 United States SME Insurance Market Size
8.3 Canada SME Insurance Market Size
8.4 Mexico SME Insurance Market Size
8.5 The Influence of COVID-19 on North America Market
9 Europe SME Insurance Market Analysis
9.1 Europe SME Insurance Market Size
9.2 Germany SME Insurance Market Size
9.3 United Kingdom SME Insurance Market Size
9.4 France SME Insurance Market Size
9.5 Italy SME Insurance Market Size
9.6 Spain SME Insurance Market Size
9.7 The Influence of COVID-19 on Europe Market
10 Asia-Pacific SME Insurance Market Analysis
10.1 Asia-Pacific SME Insurance Market Size
10.2 China SME Insurance Market Size
10.3 Japan SME Insurance Market Size
10.4 South Korea SME Insurance Market Size
10.5 Southeast Asia SME Insurance Market Size
10.6 India SME Insurance Market Size
10.7 The Influence of COVID-19 on Asia Pacific Market
11 Middle East and Africa SME Insurance Market Analysis
11.1 Middle East and Africa SME Insurance Market Size
11.2 Saudi Arabia SME Insurance Market Size
11.3 UAE SME Insurance Market Size
11.4 South Africa SME Insurance Market Size
11.5 The Influence of COVID-19 on Middle East and Africa Market
12 South America SME Insurance Market Analysis
12.1 South America SME Insurance Market Size
12.2 Brazil SME Insurance Market Size
12.3 The Influence of COVID-19 on South America Market
13 Company Profiles
13.1 Direct Line
13.1.1 Direct Line Basic Information
13.1.2 Direct Line Product Profiles, Application and Specification
13.1.3 Direct Line SME Insurance Market Performance (2015-2020)
13.2 Allianz
13.2.1 Allianz Basic Information
13.2.2 Allianz Product Profiles, Application and Specification
13.2.3 Allianz SME Insurance Market Performance (2015-2020)
13.3 AXA
13.3.1 AXA Basic Information
13.3.2 AXA Product Profiles, Application and Specification
13.3.3 AXA SME Insurance Market Performance (2015-2020)
13.4 NFU Mutual
13.4.1 NFU Mutual Basic Information
13.4.2 NFU Mutual Product Profiles, Application and Specification
13.4.3 NFU Mutual SME Insurance Market Performance (2015-2020)
13.5 Travelers
13.5.1 Travelers Basic Information
13.5.2 Travelers Product Profiles, Application and Specification
13.5.3 Travelers SME Insurance Market Performance (2015-2020)
13.6 AA
13.6.1 AA Basic Information
13.6.2 AA Product Profiles, Application and Specification
13.6.3 AA SME Insurance Market Performance (2015-2020)
13.7 Hiscox
13.7.1 Hiscox Basic Information
13.7.2 Hiscox Product Profiles, Application and Specification
13.7.3 Hiscox SME Insurance Market Performance (2015-2020)
13.8 Zurich
13.8.1 Zurich Basic Information
13.8.2 Zurich Product Profiles, Application and Specification
13.8.3 Zurich SME Insurance Market Performance (2015-2020)
13.9 RSA
13.9.1 RSA Basic Information
13.9.2 RSA Product Profiles, Application and Specification
13.9.3 RSA SME Insurance Market Performance (2015-2020)
13.10 Lloyds
13.10.1 Lloyds Basic Information
13.10.2 Lloyds Product Profiles, Application and Specification
13.10.3 Lloyds SME Insurance Market Performance (2015-2020)
13.11 Aviva
13.11.1 Aviva Basic Information
13.11.2 Aviva Product Profiles, Application and Specification
13.11.3 Aviva SME Insurance Market Performance (2015-2020)
14 Market Forecast - By Regions
14.1 North America SME Insurance Market Forecast (2020-2025)
14.2 Europe SME Insurance Market Forecast (2020-2025)
14.3 Asia-Pacific SME Insurance Market Forecast (2020-2025)
14.4 Middle East and Africa SME Insurance Market Forecast (2020-2025)
14.5 South America SME Insurance Market Forecast (2020-2025)
15 Market Forecast - By Type and Applications
15.1 Global SME Insurance Market Forecast by Types (2020-2025)
15.1.1 Global SME Insurance Market Forecast Production and Market Share by Types (2020-2025)
15.1.2 Global SME Insurance Market Forecast Value and Market Share by Types (2020-2025)
15.2 Global SME Insurance Market Forecast by Applications (2020-2025)
List of Tables and Figures
Figure SME Insurance Picture
Table SME Insurance Key Market Segments
Figure Study and Forecasting Years
Figure Global SME Insurance Market Size and Growth Rate 2015-2025
Figure Industry PESTEL Analysis
Figure Global COVID-19 Status
Figure Market Size Forecast Comparison of Pre COVID-19 and Post COVID-19
Figure Global SME Insurance Value ($) and Growth Rate (2015-2020)
Table Global SME Insurance Value ($) by Countries (2015-2020)
Table Global SME Insurance Value Market Share by Regions (2015-2020)
Figure Global SME Insurance Value Market Share by Regions in 2019
Figure Global SME Insurance Production and Growth Rate (2015-2020)
Table Global SME Insurance Production by Major Countries (2015-2020)
Table Global SME Insurance Production Market Share by Major Countries (2015-2020)
Figure Global SME Insurance Production Market Share by Regions in 2019
Figure Global SME Insurance Consumption and Growth Rate (2015-2020)
Table Global SME Insurance Consumption by Regions (2015-2020)
Table Global SME Insurance Consumption Market Share by Regions (2015-2020)
Figure Global SME Insurance Consumption Market Share by Regions in 2019
Table Global SME Insurance Export Top 3 Country 2019
Table Global SME Insurance Import Top 3 Country 2019
Table United States SME Insurance Export and Import (2015-2020)
Table Europe SME Insurance Export and Import (2015-2020)
Table China SME Insurance Export and Import (2015-2020)
Table Japan SME Insurance Export and Import (2015-2020)
Table India SME Insurance Export and Import (2015-2020)
Table Global SME Insurance Production by Types (2015-2020)
Table Global SME Insurance Production Market Share by Types (2015-2020)
Figure Global SME Insurance Production Share by Type (2015-2020)
Table Global SME Insurance Value by Types (2015-2020)
Table Global SME Insurance Value Market Share by Types (2015-2020)
Figure Global SME Insurance Value Share by Type (2015-2020)
Figure Global Insurance for Non-employing Production and Growth Rate (2015-2020)
Figure Global Insurance for Non-employing Price (2015-2020)
Figure Global Insurance for 1-9 Employees Production and Growth Rate (2015-2020)
Figure Global Insurance for 1-9 Employees Price (2015-2020)
Figure Global Insurance for 10-49 Employees Production and Growth Rate (2015-2020)
Figure Global Insurance for 10-49 Employees Price (2015-2020)
Figure Global Insurance for 50-249 Employees Production and Growth Rate (2015-2020)
Figure Global Insurance for 50-249 Employees Price (2015-2020)
Table Global SME Insurance Consumption by Applications (2015-2020)
Table Global SME Insurance Consumption Market Share by Applications (2015-2020)
Figure Global SME Insurance Consumption Share by Application (2015-2020)
Figure Global Agency Consumption and Growth Rate (2015-2020)
Figure Global Broker Consumption and Growth Rate (2015-2020)
Figure Global Bancassurance Consumption and Growth Rate (2015-2020)
Figure Global Direct Writing Consumption and Growth Rate (2015-2020)
Figure North America SME Insurance Market Consumption and Growth Rate (2015-2020)
Table North America SME Insurance Consumption by Countries (2015-2020)
Table North America SME Insurance Consumption Market Share by Countries (2015-2020)
Figure North America SME Insurance Consumption Market Share by Countries (2015-2020)
Figure United States SME Insurance Market Consumption and Growth Rate (2015-2020)
Figure Canada SME Insurance Market Consumption and Growth Rate (2015-2020)
Figure Mexico SME Insurance Market Consumption and Growth Rate (2015-2020)
Figure North America COVID-19 Status
Figure Europe SME Insurance Market Consumption and Growth Rate (2015-2020)
Table Europe SME Insurance Consumption by Countries (2015-2020)
Table Europe SME Insurance Consumption Market Share by Countries (2015-2020)
Figure Europe SME Insurance Consumption Market Share by Countries (2015-2020)
Figure Germany SME Insurance Market Consumption and Growth Rate (2015-2020)
Figure United Kingdom SME Insurance Market Consumption and Growth Rate (2015-2020)
Figure France SME Insurance Market Consumption and Growth Rate (2015-2020)
Figure Italy SME Insurance Market Consumption and Growth Rate (2015-2020)
Figure Spain SME Insurance Market Consumption and Growth Rate (2015-2020)
Figure Europe COVID-19 Status
Figure Asia-Pacific SME Insurance Market Consumption and Growth Rate (2015-2020)
Table Asia-Pacific SME Insurance Consumption by Countries (2015-2020)
Table Asia-Pacific SME Insurance Consumption Market Share by Countries (2015-2020)
Figure Asia-Pacific SME Insurance Consumption Market Share by Countries (2015-2020)
Figure China SME Insurance Market Consumption and Growth Rate (2015-2020)
Figure Japan SME Insurance Market Consumption and Growth Rate (2015-2020)
Figure South Korea SME Insurance Market Consumption and Growth Rate (2015-2020)
Figure Southeast Asia SME Insurance Market Consumption and Growth Rate (2015-2020)
Figure India SME Insurance Market Consumption and Growth Rate (2015-2020)
Figure Asia Pacific COVID-19 Status
Figure Middle East and Africa SME Insurance Market Consumption and Growth Rate (2015-2020)
Table Middle East and Africa SME Insurance Consumption by Countries (2015-2020)
Table Middle East and Africa SME Insurance Consumption Market Share by Countries (2015-2020)
Figure Middle East and Africa SME Insurance Consumption Market Share by Countries (2015-2020)
Figure Saudi Arabia SME Insurance Market Consumption and Growth Rate (2015-2020)
Figure UAE SME Insurance Market Consumption and Growth Rate (2015-2020)
Figure South Africa SME Insurance Market Consumption and Growth Rate (2015-2020)
Figure South America SME Insurance Market Consumption and Growth Rate (2015-2020)
Table South America SME Insurance Consumption by Countries (2015-2020)
Table South America SME Insurance Consumption Market Share by Countries (2015-2020)
Figure South America SME Insurance Consumption Market Share by Countries (2015-2020)
Figure Brazil SME Insurance Market Consumption and Growth Rate (2015-2020)
Table Direct Line Company Profile
Table Direct Line Production, Value, Price, Gross Margin 2015-2020
Figure Direct Line Production and Growth Rate
Figure Direct Line Value ($) Market Share 2015-2020
Table Allianz Company Profile
Table Allianz Production, Value, Price, Gross Margin 2015-2020
Figure Allianz Production and Growth Rate
Figure Allianz Value ($) Market Share 2015-2020
Table AXA Company Profile
Table AXA Production, Value, Price, Gross Margin 2015-2020
Figure AXA Production and Growth Rate
Figure AXA Value ($) Market Share 2015-2020
Table NFU Mutual Company Profile
Table NFU Mutual Production, Value, Price, Gross Margin 2015-2020
Figure NFU Mutual Production and Growth Rate
Figure NFU Mutual Value ($) Market Share 2015-2020
Table Travelers Company Profile
Table Travelers Production, Value, Price, Gross Margin 2015-2020
Figure Travelers Production and Growth Rate
Figure Travelers Value ($) Market Share 2015-2020
Table AA Company Profile
Table AA Production, Value, Price, Gross Margin 2015-2020
Figure AA Production and Growth Rate
Figure AA Value ($) Market Share 2015-2020
Table Hiscox Company Profile
Table Hiscox Production, Value, Price, Gross Margin 2015-2020
Figure Hiscox Production and Growth Rate
Figure Hiscox Value ($) Market Share 2015-2020
Table Zurich Company Profile
Table Zurich Production, Value, Price, Gross Margin 2015-2020
Figure Zurich Production and Growth Rate
Figure Zurich Value ($) Market Share 2015-2020
Table RSA Company Profile
Table RSA Production, Value, Price, Gross Margin 2015-2020
Figure RSA Production and Growth Rate
Figure RSA Value ($) Market Share 2015-2020
Table Lloyds Company Profile
Table Lloyds Production, Value, Price, Gross Margin 2015-2020
Figure Lloyds Production and Growth Rate
Figure Lloyds Value ($) Market Share 2015-2020
Table Aviva Company Profile
Table Aviva Production, Value, Price, Gross Margin 2015-2020
Figure Aviva Production and Growth Rate
Figure Aviva Value ($) Market Share 2015-2020
Figure North America Market Consumption and Growth Rate Forecast (2020-2025)
Figure Europe Market Consumption and Growth Rate Forecast (2020-2025)
Figure Asia-Pacific Market Consumption and Growth Rate Forecast (2020-2025)
Figure Middle East and Africa Market Consumption and Growth Rate Forecast (2020-2025)
Figure South America Market Consumption and Growth Rate Forecast (2020-2025)
Table Global SME Insurance Market Forecast Production by Types (2020-2025)
Table Global SME Insurance Market Forecast Production Share by Types (2020-2025)
Table Global SME Insurance Market Forecast Value ($) by Types (2020-2025)
Table Global SME Insurance Market Forecast Value Share by Types (2020-2025)
Table Global SME Insurance Market Forecast Consumption by Applications (2020-2025)
Table Global SME Insurance Market Forecast Consumption Share by Applications (2020-2025)
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
| Historical Data (2015-2019) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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