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Demurrage and Detention Insurance Market Set to Reach US$ 4.5 Billion by 2031 | #demurrage and Detention Insurance Market

Demurrage and Detention Insurance Market Set to Reach US$ 4.5 Billion by 2031

Demurrage and Detention Insurance Market Set to Reach US$ 4.5 Billion by 2031

In 2023, the global demurrage and detention insurance market was valued at approximately US$ 2.5 billion and is expected to grow at a CAGR of 7.2% between 2024 and 2031.