Airline Ancillary Service Market Report: Trends, Forecast and Competitive Analysis to 2030

Airline Ancillary Service Market Report: Trends, Forecast and Competitive Analysis to 2030

Airline Ancillary Service Trends and Forecast

The future of the global airline ancillary service market looks promising with opportunities in the full-service carrier and low-cost carrier markets. The global airline ancillary service market is expected to reach an estimated $293.2 billion by 2030 with a CAGR of 17.8% from 2024 to 2030. The major drivers for this market are rapid growth in air passenger travel, growing numbers of low-cost carriers, as well as, growth in middle-class disposable money around the globe.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Airline Ancillary Service by Segment

The study includes a forecast for the global airline ancillary service by type, carrier type, and region.

Airline Ancillary Service Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Baggage Fee
• Onboard Retail & A-La-Cart
• Airline Retail
• Airline Retail & FFP Miles Sale
• Others

Airline Ancillary Service Market by Carrier Type [Shipment Analysis by Value from 2018 to 2030]:

• Full-Service Carrier
• Low-Cost Carrier

Airline Ancillary Service Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Airline Ancillary Service Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies airline ancillary service companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the airline ancillary service companies profiled in this report include-

• Deutsche Lufthansa
• Delta Air Lines
• American Airlines
• Alaska Air
• United Airlines
• Southwest Airlines
• Ryanair
• Easyjet
• Air France
• Air Canada

Airline Ancillary Service Market Insights

Lucintel forecasts that baggage fee will remain the largest segment over the forecast period because the airlines have used a variety of pricing schemes, such as collecting costs depending on weight, number of baggage, or level of service.

North America will remain the largest region over the forecast period due to the region has well-established air transportation infrastructure, along with the growing investment in the adoption of cutting-edge digital and novel technologies in the region.

Features of the Global Airline Ancillary Service Market

Market Size Estimates: Airline ancillary service market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Airline ancillary service market size by type, carrier type, and region in terms of value ($B).

Regional Analysis: Airline ancillary service market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different type, carrier type, and regions for the airline ancillary service market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the airline ancillary service market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the airline ancillary service market size?

Answer: The airline ancillary service market is expected to reach an estimated $15.5 billion by 2030.

Q2. What is the growth forecast for airline ancillary service market?

Answer: The global airline ancillary service market is expected to grow with a CAGR of 17.8% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the airline ancillary service market?

Answer: The major drivers for this market are rapid growth in air passenger travel, growing numbers of low-cost carriers, as well as, growth in middle-class disposable money around the globe.

Q4. What are the major segments for airline ancillary service market?

Answer: The future of the global airline ancillary service market looks promising with opportunities in the full-service carrier and low-cost carrier markets.

Q5. Who are the key airline ancillary service market companies?

Answer: Some of the key airline ancillary service companies are as follows:

• Deutsche Lufthansa
• Delta Air Lines
• American Airlines
• Alaska Air
• United Airlines
• Southwest Airlines
• Ryanair
• Easyjet
• Air France
• Air Canada

Q6. Which airline ancillary service market segment will be the largest in future?

Answer: Lucintel forecasts that baggage fee will remain the largest segment over the forecast period because the airlines have used a variety of pricing schemes, such as collecting costs depending on weight, number of baggage, or level of service.

Q7. In airline ancillary service market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to the region has well-established air transportation infrastructure, along with the growing investment in the adoption of cutting-edge digital and novel technologies in the region.

Q8. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the airline ancillary service market by type (baggage fee, onboard retail & a-la-cart, airline retail, airline retail & ffp miles sale, and others), carrier type (full-service carrier and low-cost carrier), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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