Global Airport Handling Services Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Airport Handling Services Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Airport Handling Services market finds that the global Airport Handling Services market reached a value of USD 128293.12 million in 2022. It’s expected that the market will achieve USD 285256.96 million by 2028, exhibiting a CAGR of 14.25% during the forecast period.

Influence of COVID-19 Outbreak on Airport Handling Services Industry Development

Since the outbreak of the COVID-19 virus in December 2019, the disease has spread to nearly 100 countries around the world, and the World Health Organization has declared it an emergency public health event. The COVID-19 epidemic is infected with a large number of people, and its spread and scope far exceed SARS. At present, the number of confirmed cases in Worldwide has exceeded 20 million. Different industries are affected differently by the epidemic situation. The impact on Ground Support Equipment (GSE) is mainly reflected in the supply of raw material and Downstream market demand.

The materials of Ground Support Equipment (GSE) are metal, glass, brass, steel, aluminum, iron, and other materials. Affected by the COVID-19 epidemic, logistics will be suspended and the supply of Ground Support Equipment (GSE) will be tight. Due to the global threat of COVID-19, the resumption of work in the Ground Support Equipment (GSE) factory will directly affect the customer's production plan for goods and shipments. The continuous outbreak of the international epidemic situation, if the personnel control of each country is extended, it will affect the smooth supply of equipment and materials.

COVID-19 has a huge impact on the operation of the industry, of which the impact on SMEs is more obvious. The suspension of production not only exacerbates the shortage of funds for SMEs, but also reduces the solvency of enterprises and may affect production and sales. Some enterprises have fallen into business difficulties and even went bankrupt. But in the long run, historical data shows that the impact of natural disasters on the macro economy is usually short-term, and the economy tends to show a V-shaped trend with the control of epidemics, economic recovery, the gradual recovery of aviation business caused by the increase in peoples travel frequency and Ground Support Equipment (GSE)'s advantage over downstream industries, the Ground Support Equipment (GSE) market will continue to grow in the long term.

Region Overview:

From 2022-2027, North America is estimated to witness robust growth prospects.

Company Overview:

The Emirates Group, Swissport International AG, Unifi, Fraport Group and Signature Aviation plc are the five key players in the global Airport Handling Services market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Airport Handling Services market in the past 5 years.

The Emirates Group provides commercial air transportation of passengers and cargo. The Company offers postal carriage, in-flight and institutional catering, and ground handling services as well as wholesales and retails consumer goods, food, and beverages. The Emirates Group serves customers internationally.

Swissport International AG provides airport transport support services. The Company offers aircraft maintenance, catering, fueling, passenger and baggage handling, load controlling, and other airport ground services. Swissport International serves customers worldwide.

Segmentation Overview:

GSHS covers a wide range, including Cabin service, Catering, Ramp service, Passenger service, Field operation service and Airplane & Apron Handling, etc.

CHS refers to Cargo Handling Services, including Freight Handling and Logistics, etc.

Among different product types, GSHS segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Cargo segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Airport Handling Services market covered in Chapter 3:

Unifi
Fraport Group
Guangzhou Baiyun International Airport
Universal Weather and Aviation Inc.
Signature Aviation plc
The Emirates Group
Çelebi Aviation
TAV AIRPORTS HOLDING
Swissport International AG
Shanghai Airport Authority.
Bangkok Flight Services

In Chapter 4 and Chapter 14.2, on the basis of types, the Airport Handling Services market from 2018 to 2029 is primarily split into:

GSHS
CHS

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Airport Handling Services market from 2018 to 2029 covers:

Passenger
Cargo
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)