How big is the China Car Insurance Market?

The China Car Insurance Market size is expected to reach USD 90.59 billion in 2024 and grow at a CAGR of 5.56% to reach USD 118.74 billion by 2029. Read More

What is the current China Car Insurance Market size?

In 2024, the China Car Insurance Market size is expected to reach USD 90.59 billion. Read More

Who are the key players in China Car Insurance Market?

China Taiping, PICC, Ping An, Bank of China and Liberty Insurance are the major companies operating in the China Car Insurance Market. Read More

What years does this China Car Insurance Market cover, and what was the market size in 2023?

In 2023, the China Car Insurance Market size was estimated at USD 85.55 billion. The report covers the China Car Insurance Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the China Car Insurance Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

China Car Insurance Market Size & Share Analysis - Industry Research Report

China Car Insurance Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

China's Car Insurance Market is Segmented by Coverage (third-Party Liability Coverage, Collision/comprehensive/other Optional Coverage), Application (personal Vehicles, Commercial Vehicles), and Distribution Channel (direct Sales, Individual Agents, Brokers, Banks, Online, and Other Distribution Channels). The Report Offers Market Size and Forecasts for the China Car Insurance Market in Value (USD) for all the Above Segments.

China Car Insurance Industry Overview

China's car insurance market is partially fragmented with a continuously increasing number of players in the market. Technology and product innovation in the market are leading to a wide range of car insurance products available to buyers with rising sales of cars in the country. Some of the existing players in the China car insurance market are China Life, China Taiping, PICC, Ping An of China, and CPIC.