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Global Low-Cost Airlines Market Size study & Forecast, by Purpose (Leisure Travel, Vfr (Visiting friends and relatives), Business Travel, Others), by Destination (Domestic, International), by Distribution Channel (Online, Travel Agency, Others) and Region

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from $4,950 200 Pages Bizwit Research & Consulting October, 2022 BIZW17496111
Best Price Guarantee
Price from $4,950
Length 200 Pages
Publisher Bizwit Research & Consulting
Published Date October, 2022
SKU BIZW17496111

Global Low-Cost Airlines Market Size study & Forecast, by Purpose (Leisure Travel, Vfr (Visiting friends and relatives), Business Travel, Others), by Destination (Domestic, International), by Distribution Channel (Online, Travel Agency, Others) and Regional Analysis, 2022-2029

Global Low-Cost Airlines Market is valued at approximately USD 254.23 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 10.4% over the forecast period 2022-2029. Low-Cost Airlines also known as low-cost carrier refers to passenger carrier that offers airline travel services at a relatively affordable cost as compared to other premium airline carriers. The low-cost airlines are different from other airlines in various aspects such as they offer onboard meals only at an additional fee, to reduce fuel cost these airlines use new fleet from the same company. In addition, these airlines generally offer direct sales, and mainly operate at smaller airports. The growing expansion of travel & tourism sector in post covid era and increasing growth of working-class individuals, as well as strategic initiatives from leading market players, are key factors driving the market growth.

According to Statista – as of 2022, the revenue in the global Travel & Tourism market is estimated at USD 716.80 billion, and as per projections, the revenue is expected to show an annual growth rate of 8.46% between 2022 & 2026 to reach USD 991.92 billion by 2026. Also, rising investment in aviation infrastructure in developing regions and growing emergence of low-cost airline services are anticipated to act as catalyzing factors for market growth during the forecast period. However, rising crude oil prices and increasing incidences of terrorism and crimes as well as travel restrictions would impede the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Low-Cost Airlines Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region across the world in terms of market share owing to availability of robust regional aviation infrastructure as well as presence of leading market players in the region. Whereas, Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rising investment in aviation infrastructure as well as increasing emergence of low-cost airline services in the region would offer lucrative opportunities for the market over the forecast period.

Major market players included in this report are:
Air Arabia PJSC
AirAsia Group Berhad
Alaska Air Group, Inc.
Azul S.A.
Easyjet Plc
New World Aviation, Inc.
Norwegian Air Shuttle ASA
Qantas Airways Limited
Ryanair Holdings Plc.
Westjet Airlines Ltd
Recent Developments in the Market:
New Service Launch, In February 2022, Finland based low-fare carrier Play launched a new low-cost service to connect Baltimore, Boston and New Windsor, New York, with 23 European destinations, such as Reykjavik, Iceland. The company would use narrow-body Airbus A320neo and A321neo planes. This new launch intended to expand the low-cost carrier offerings of the company.
Fleet Expansion, In May 2022, carrier Norwegian Air Shuttle entered into an agreement with Boeing to buy 50 737 MAX 8 aircraft. The new fleet is set to be delivered between 2025 and 2028. This expansion would enable the company to enhance its short-haul network across the European Market.

Global Low-Cost Airlines Market Report Scope:
Historical DataCompanies Mentioned

Air Arabia PJSC
AirAsia Group Berhad
Alaska Air Group, Inc.
Azul S.A.
Easyjet Plc
New World Aviation, Inc.
Norwegian Air Shuttle ASA
Qantas Airways Limited
Ryanair Holdings Plc.
Westjet Airlines Ltd

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Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. Low-Cost Airlines Market, by Region, 2019-2029 (USD Billion)
1.2.2. Low-Cost Airlines Market, by Purpose, 2019-2029 (USD Billion)
1.2.3. Low-Cost Airlines Market, by Destination, 2019-2029 (USD Billion)
1.2.4. Low-Cost Airlines Market, by Distribution Channel, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Low-Cost Airlines Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Low-Cost Airlines Market Dynamics
3.1. Low-Cost Airlines Market Impact Analysis (2019-2029)
3.1.1. Market Drivers
3.1.1.1. Growing expansion of Travel & Tourism Sector in post covid era
3.1.1.2. Increasing growth of working-class individuals
3.1.1.3. Strategic Initiatives from leading market players
3.1.2. Market Challenges
3.1.2.1. Volatile crude oil prices
3.1.2.2. Increasing incidences of terrorism and crimes
3.1.3. Market Opportunities
3.1.3.1. Rising investment in aviation infrastructure in developing regions
3.1.3.2. Growing emergence of low-cost airline services
Chapter 4. Global Low-Cost Airlines Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Low-Cost Airlines Market, by Purpose
6.1. Market Snapshot
6.2. Global Low-Cost Airlines Market by Purpose, Performance - Potential Analysis
6.3. Global Low-Cost Airlines Market Estimates & Forecasts by Purpose, 2019-2029 (USD Billion)
6.4. Low-Cost Airlines Market, Sub Segment Analysis
6.4.1. Leisure Travel
6.4.2. Vfr (Visiting friends and relatives)
6.4.3. Business Travel
6.4.4. Others
Chapter 7. Global Low-Cost Airlines Market, by Destination
7.1. Market Snapshot
7.2. Global Low-Cost Airlines Market by Destination, Performance - Potential Analysis
7.3. Global Low-Cost Airlines Market Estimates & Forecasts by Destination, 2019-2029 (USD Billion)
7.4. Low-Cost Airlines Market, Sub Segment Analysis
7.4.1. Domestic
7.4.2. International
Chapter 8. Global Low-Cost Airlines Market, by Distribution Channel
8.1. Market Snapshot
8.2. Global Low-Cost Airlines Market by Distribution Channel, Performance - Potential Analysis
8.3. Global Low-Cost Airlines Market Estimates & Forecasts by Distribution Channel, 2019-2029 (USD Billion)
8.4. Low-Cost Airlines Market, Sub Segment Analysis
8.4.1. Online
8.4.2. Travel Agency
8.4.3. Others
Chapter 9. Global Low-Cost Airlines Market, Regional Analysis
9.1. Low-Cost Airlines Market, Regional Market Snapshot
9.2. North America Low-Cost Airlines Market
9.2.1. U.S. Low-Cost Airlines Market
9.2.1.1. Purpose breakdown estimates & forecasts, 2019-2029
9.2.1.2. Destination breakdown estimates & forecasts, 2019-2029
9.2.1.3. Distribution Channel breakdown estimates & forecasts, 2019-2029
9.2.2. Canada Low-Cost Airlines Market
9.3. Europe Low-Cost Airlines Market Snapshot
9.3.1. U.K. Low-Cost Airlines Market
9.3.2. Germany Low-Cost Airlines Market
9.3.3. France Low-Cost Airlines Market
9.3.4. Spain Low-Cost Airlines Market
9.3.5. Italy Low-Cost Airlines Market
9.3.6. Rest of Europe Low-Cost Airlines Market
9.4. Asia-Pacific Low-Cost Airlines Market Snapshot
9.4.1. China Low-Cost Airlines Market
9.4.2. India Low-Cost Airlines Market
9.4.3. Japan Low-Cost Airlines Market
9.4.4. Australia Low-Cost Airlines Market
9.4.5. South Korea Low-Cost Airlines Market
9.4.6. Rest of Asia Pacific Low-Cost Airlines Market
9.5. Latin America Low-Cost Airlines Market Snapshot
9.5.1. Brazil Low-Cost Airlines Market
9.5.2. Mexico Low-Cost Airlines Market
9.6. Rest of The World Low-Cost Airlines Market
Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Air Arabia PJSC
10.2.1.1. Key Information
10.2.1.2. Overview
10.2.1.3. Financial (Subject to Data Availability)
10.2.1.4. Purpose Summary
10.2.1.5. Recent Developments
10.2.2. AirAsia Group Berhad
10.2.3. Alaska Air Group, Inc.
10.2.4. Azul S.A.
10.2.5. easyjet Plc
10.2.6. New World Aviation, Inc.
10.2.7. Norwegian Air Shuttle ASA
10.2.8. Qantas Airways Limited
10.2.9. Ryanair Holdings Plc.
10.2.10. Westjet Airlines Ltd
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption
List of Tables
TABLE 1. Global Low-Cost Airlines Market, report scope
TABLE 2. Global Low-Cost Airlines Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Low-Cost Airlines Market estimates & forecasts by Purpose 2019-2029 (USD Billion)
TABLE 4. Global Low-Cost Airlines Market estimates & forecasts by Destination 2019-2029 (USD Billion)
TABLE 5. Global Low-Cost Airlines Market estimates & forecasts by Distribution Channel 2019-2029 (USD Billion)
TABLE 6. Global Low-Cost Airlines Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Low-Cost Airlines Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Low-Cost Airlines Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Low-Cost Airlines Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Low-Cost Airlines Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Low-Cost Airlines Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Low-Cost Airlines Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Low-Cost Airlines Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Low-Cost Airlines Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. Global Low-Cost Airlines Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Low-Cost Airlines Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 17. U.S. Low-Cost Airlines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. U.S. Low-Cost Airlines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 19. Canada Low-Cost Airlines Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 20. Canada Low-Cost Airlines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. Canada Low-Cost Airlines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 22. UK Low-Cost Airlines Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 23. UK Low-Cost Airlines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. UK Low-Cost Airlines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 25. Germany Low-Cost Airlines Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 26. Germany Low-Cost Airlines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. Germany Low-Cost Airlines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 28. France Low-Cost Airlines Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 29. France Low-Cost Airlines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. France Low-Cost Airlines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 31. Italy Low-Cost Airlines Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 32. Italy Low-Cost Airlines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Italy Low-Cost Airlines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 34. Spain Low-Cost Airlines Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 35. Spain Low-Cost Airlines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. Spain Low-Cost Airlines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 37. RoE Low-Cost Airlines Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 38. RoE Low-Cost Airlines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. RoE Low-Cost Airlines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 40. China Low-Cost Airlines Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 41. China Low-Cost Airlines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. China Low-Cost Airlines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 43. India Low-Cost Airlines Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 44. India Low-Cost Airlines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. India Low-Cost Airlines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 46. Japan Low-Cost Airlines Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 47. Japan Low-Cost Airlines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. Japan Low-Cost Airlines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 49. South Korea Low-Cost Airlines Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 50. South Korea Low-Cost Airlines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. South Korea Low-Cost Airlines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 52. Australia Low-Cost Airlines Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 53. Australia Low-Cost Airlines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. Australia Low-Cost Airlines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 55. RoAPAC Low-Cost Airlines Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 56. RoAPAC Low-Cost Airlines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. RoAPAC Low-Cost Airlines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 58. Brazil Low-Cost Airlines Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 59. Brazil Low-Cost Airlines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Brazil Low-Cost Airlines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 61. Mexico Low-Cost Airlines Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 62. Mexico Low-Cost Airlines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. Mexico Low-Cost Airlines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 64. RoLA Low-Cost Airlines Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 65. RoLA Low-Cost Airlines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. RoLA Low-Cost Airlines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 67. Row Low-Cost Airlines Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 68. Row Low-Cost Airlines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. Row Low-Cost Airlines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Low-Cost Airlines Market
TABLE 71. List of primary sources, used in the study of global Low-Cost Airlines Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of Figures
FIG 1. Global Low-Cost Airlines Market, research methodology
FIG 2. Global Low-Cost Airlines Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Low-Cost Airlines Market, key trends 2021
FIG 5. Global Low-Cost Airlines Market, growth prospects 2022-2029
FIG 6. Global Low-Cost Airlines Market, porters 5 force model
FIG 7. Global Low-Cost Airlines Market, pest analysis
FIG 8. Global Low-Cost Airlines Market, value chain analysis
FIG 9. Global Low-Cost Airlines Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Low-Cost Airlines Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Low-Cost Airlines Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Low-Cost Airlines Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Low-Cost Airlines Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Low-Cost Airlines Market, regional snapshot 2019 & 2029
FIG 15. North America Low-Cost Airlines Market 2019 & 2029 (USD Billion)
FIG 16. Europe Low-Cost Airlines Market 2019 & 2029 (USD Billion)
FIG 17. Asia Pacific Low-Cost Airlines Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Low-Cost Airlines Market 2019 & 2029 (USD Billion)
FIG 19. Global Low-Cost Airlines Market, company Market share analysis (2021)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable

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