Increasing number of pet and animal lovers, rise in per capita incomes and new product innovations are expected to drive the growth of Sweden Pet Insurance Market Rising adoption of pet insurance and high average premiums are leading to the growth of Sweden Pet Insurance Market at a CAGR of 9.2% from 2017-2022P Pet insurance penetration in Sweden is high compared to other European countries. Compared to 2020, premium income increased in Sweden’s Pet Insurance Market. Owing to the high number of… Read More »
Sweden Pet Insurance Market is forecasted to grow at a CAGR of 8.6% from 2023-2027F: Ken Research Increasing pet adoption, high veterinary costs, rising pet health issues and awareness among pet owners are the major growth drivers for Sweden Pet Insurance Market Increasing Cost of Claims: With the increased rate of insurance, the costs for claims also increase among insurance companies. Around SEK 4200 Mn compensations were paid in 2022P. Almost all… Read More »
