Europe airline retailing market is expected to grow from US$ 2.18 Bn in 2018 to US$ 9.30 Bn by the year 2027. This represents a CAGR of 17.9% from the year 2018 to 2027.
As the number of air travelers has surged since last few years, it has significantly impacted the airline retailing market. Airline passenger growth rate is the major tailwind for the growth in airline retailing market. The changing economies of developing countries and increasing the purchasing power of customers is positively impacting market growth. During the last 15 years, the global air passenger increased by around 5% year-on-year. According to the International Air Transport Association (IATA), the number of air passenger is expected to double between 2016 and 2035. Aviation demographics are undergoing substantial changes, with new-age groups taking center stage. Generation Y is increasingly spending more time traveling and are expected to be the key customer for airline retailing.
Currently, UK is dominating in the Europe airline retailing market owing to the high disposable income and high passenger volumes. The figure given below highlights the revenue share of rest of Europe in the Europe airline retailing market in the forecast period:
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EUROPE AIRLINE RETAILING MARKET - SEGMENTATION
Europe Airline Retailing Market by Retail Type
- Pre-boarding
- Post-boarding
Europe Airline Retailing Market by Shopping Type
- Accessories
- Alcohol
- Beauty Products
- Merchandise
- Others
Europe Airline Retailing Market by Carrier Type
- Full Service Carrier
- Low Cost Carrier
Europe Airline Retailing Market by Country
- France
- Germany
- Italy
- Russia
- UK
- Rest of Europe
Companies Mentioned
- Air Asia Group
- Air France
- British Airways PLC
- Deutsche Lufthansa AG
- Easy Jet PLC
- Korean Air Lines Co., Ltd.
- Qantas Airways Limited
- Singapore Airlines Limited
- Thai Airways
- The Emirates Group
Europe Airline Retailing Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2018 | US$ 2.18 Billion |
| Market Size by 2027 | US$ 9.30 Billion |
| Global CAGR (2018 - 2027) | 17.9% |
| Historical Data | 2016-2017 |
| Forecast period | 2019-2027 |
| Segments Covered |
By Retail Type
|
| Regions and Countries Covered | Europe
|
| Market leaders and key company profiles |
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Retail Type, Shopping Type, Carrier Type
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
UK, Germany, France, Italy, Russia
Trends and growth analysis reports related to Aerospace and Defense : READ MORE..
1. Air Asia Group
2. Air France
3. British Airways PLC
4. Deutsche Lufthansa AG
5. Easy Jet PLC
6. Korean Air Lines Co., Ltd.
7. Qantas Airways Limited
8. Singapore Airlines Limited
9. Thai Airways
10. The Emirates Group
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